News

Gold mining to begin next year: Ministry

Renaissance Minerals, a subsidiary of Australia-listed Emerald Resources, is expected to begin extracting gold in Cambodia’s Mondulkiri province next year, according to a high-ranking official at the Ministry of Mines and Energy. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50661319/gold-mining-to-begin-next-year-ministry/

World Bank report warns of need for diversification and skills development

The World Bank yesterday launched a new report highlighting the success of Cambodia’s economic development and issued comprehensive policy reform recommendations in order to sustain that growth.​ ...

Gerald Flynn
https://www.khmertimeskh.com/50661464/world-bank-report-warns-of-need-for-diversification-and-skills-development/

PM urges ‘democracies’ to learn from horrors Cambodia faced

Prime Minister Hun Sen on Tuesday chided countries that he said declared themselves a democracy while supporting a military coup that eventually gave birth to the Khmer Rouge regime. Speaking during the 2nd Asia-Pacific Summit at the Peace Palace, Hun Sen said without naming those ...

Khorn Savi
https://www.phnompenhpost.com/national-politics/pm-urges-democracies-learn-horrors-cambodia-faced

MRC warns of drought from now until January

The Mekong River Commission yesterday warned that severe to extreme drought is expected to hit countries in the lower Mekong basin from now until January, putting crop production at risk and causing water shortages. An MRC preliminary analysis noted that Cambodia and Thailand will be ...

Pech Sotheary
https://www.khmertimeskh.com/50661331/mrc-warns-of-drought-from-now-until-january/

US to assist biodiversity efforts

Cambodia and the US continue to strengthen cooperation in the management and conservation of natural resources. Minister of Environment Say Sam Al said the two countries were involved in the management and conservation of more than seven million hectares of natural resources and biodiversity. Sam ...

Mech Dara
https://www.phnompenhpost.com/national/us-assist-biodiversity-efforts

B.Grimm buys 30MW solar plant under development in Cambodia

Thai firm B. Grimm Power has extended its interest in PV in Southeast Asia by investing in a 30MW solar project to be set up in Cambodia. The ground-mount system is slated for development in Serie Saophoan, Banteay Meanchey Province. Company subsidiary B.Grimm Solar Power entered ...

Tom Kenning
https://www.pv-tech.org/news/b.grimm-buys-30mw-solar-plant-under-development-in-cambodia

Hun Sen receives award for leadership

Prime Minister Hun Sen received the Leadership and Good Governance Award from the Universal Peace Federation (UPF) on Tuesday at the 2nd Asia-Pacific Summit at the Peace Palace in the capital. The award was presented by UPF co-founder Hak Ja Han Moon after delivering her ...

Ry Sochan
https://www.phnompenhpost.com/national/hun-sen-receives-award-leadership

Everything But Arms: EU close to suspending Cambodia’s trade preferences

The EU slammed the government for the dire human rights situation in the Southeast Asian country, giving it a one-month deadline to respond to a preliminary report on suspending trade preferences before deciding whether to go ahead with the plan. Brussels has warned Phnom Penh ...

EU Bulletin
https://www.eubulletin.com/10398-everything-but-arms-eu-close-to-suspending-cambodias-trade-preferences.html

Japan grants $190K for environment education

The government of Japan, via its embassy in Cambodia, granted more than $190,000 on Tuesday to Nature Centre Risen, an NGO for environmental education at kindergarten and secondary schools in the Kingdom. The grant is for the project, “Realisation of Sustainable Life Environment through the ...

Voun Dara
https://www.phnompenhpost.com/national/japan-grants-190k-environment-education

Cambodia continues to deny Taiwan's request to establish representative office

The Ministry of Foreign Affairs (MOFA) said Monday (Nov. 18) that Cambodia has yet to approve the Taiwanese government’s request to establish a representative office in the country after Taiwanese business owners complained about the inconvenience of document processing. ...

Ching-Tse Cheng
https://www.taiwannews.com.tw/en/news/3820080

Listed firms GTI and PAS post higher Q3 revenue

Two Cambodia Securities Exchange- (CSX-) listed firms – Grand Twins International (GTI) and Sihanoukville Autonomous Port (PAS) – reported a strong business performance with high revenue in the third quarter of this year. ...

May Kunmakara
https://www.phnompenhpost.com/business/listed-firms-gti-and-pas-post-higher-q3-revenue

Mondulkiri officials to fight logging

The Ministry of Agriculture has established a Mondulkiri provincial sub-committee to prevent, reduce and crack down on forest land grabs, clearing and encroachment. The Ministry of Agriculture said in a press release that the provincial sub-committee is chaired by Mondulkiri provincial governor Svay Sam Eang ...

Khorn Savi
https://www.phnompenhpost.com/national/mondulkiri-officials-fight-logging

Nine illegal timber trucks impounded

The National Committee for Prevention and Crackdown on Natural Resource Crimes on Monday impounded nine trucks used to transport timber to Vietnam through Kratie province’s Snuol district. ...

Voun Dara
https://www.phnompenhpost.com/national/nine-illegal-timber-trucks-impounded

Authorities fix breached dam

Battambang provincial authorities and residents are fixing a partly broken dam in Svay Cheat village, in Sangke district’s Raing Kesei commune, after farmers breached it to irrigate their paddy fields. ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/authorities-fix-breached-dam

‘Dengue at manageable level’

The Ministry of Health said the dengue epidemic had been relieved to a manageable level despite the fact that to date, the number of people who suffered from it this year is almost three times higher than in the same period last year. ...

Long Kimmarita
https://www.phnompenhpost.com/national/dengue-manageable-level

MFI loans, deposits grow in first nine months of this year

Outstanding loans and deposits in Cambodia’s crowded microfinance institution (MFI) sector have seen a sharp rise in the first three quarters of this year. ...

May Kunmakara
https://www.phnompenhpost.com/business/mfi-loans-deposits-grow-first-nine-months-year

Hunan province group to invest $1.3 billion in Kingdom

A group of businessmen from China’s Hunan province will today sign agreements to invest $1.3 billion in the Kingdom. The commitment was made during a meeting between Foreign Affairs Minister Prak Sokhonn and Du Jiahao, a member of the CPC Central Committee and secretary of ...

Khy Sovuthy
https://www.khmertimeskh.com/50661005/hunan-province-group-to-invest-1-3-billion-in-kingdom/

First drop of oil by mid-2020, says Hun Sen

Prime Minister Hun Sen on Monday confirmed that Cambodia will extract the first drop of oil from the Apsara oilfield in Cambodia’s offshore Block A by mid-2020. ...

Thou Vireak
https://www.phnompenhpost.com/business/first-drop-oil-mid-2020-says-hun-sen

Fiscal revenue to surpass 2019 target by $1 billion: Prime Minister

The prime minister, speaking at a graduation ceremony at the National Institute of Education, said income from customs and excise will surpass the target set for 2019 by $700 to $800 million.​ ...

Chea Vannak
https://www.khmertimeskh.com/50661039/fiscal-revenue-to-surpass-2019-target-by-1-billion-prime-minister/

Vendors call for better treatment

About 150 street vendors gathered in Phnom Penh yesterday to mark International Street Vendors Day and called on the authorities to treat them better. ...

Mom Kunthear
https://www.khmertimeskh.com/50660992/vendors-call-for-better-treatment/

SEA leaders create development strategy

Twenty – eight leaders from various business sectors in Southeast Asia came together last month to create a strategy to propel the Kingdom’s sustainable development with actionable and measurable targets.​ ...

Poovenraj Kanagaraj
https://www.khmertimeskh.com/50661055/sea-leaders-create-development-strategy/

Local startup earns spot in fintech ranking

Cambodia was this month recognised for the first time in the 2019 Fintech100 – a collaborative effort between H2 Ventures and KPMG that analyses the fintech space globally.​ ...

Gerald Flynn
https://www.khmertimeskh.com/50661022/local-startup-earns-spot-in-fintech-ranking/

Human trafficking arrests on the rise

The National Committee for Counter Trafficking cracked down on 131 human trafficking and sexual exploitation cases from January to last month, an increase of 22 cases over the same period last year. Chou Bun Eng, an Interior Ministry secretary of state and also NCCT vice ...

Pech Sotheary
https://www.khmertimeskh.com/50660947/human-trafficking-arrests-on-the-rise/

PM confident EBA outcome will not impact Kingdom

As the government reviews a European Commission preliminary report on whether Cambodia should retain its Everything-but-Arms preferential trade status, Prime Minister Hun Sen has said that the Kingdom has strong financial foundations to sustain itself with or without the EBA. “Someone said we will suffer ...

Ben Sokhean
https://www.khmertimeskh.com/50660990/pm-confident-eba-outcome-will-not-impact-kingdom/

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