News
World Bank warns of economic risks amid strong growth
Possible E.U. trade sanctions, rising indebtedness and slowing foreign investment — which “peaked” last year — pose substantial risks to the Cambodian economy despite continuing strong growth, the World Bank said in its latest country update. ...
Tran Techseng
https://vodenglish.news/world-bank-warns-of-economic-risks-amid-strong-growth/
Cambodian forest shrinks to only 47pct in last 40 over years
Cambodia’s forest cover was over 73 per cent in 1975 but it has shrunk to only about 47 per cent last year. In its Human Development Report Cambodia 2019, the United Nations Development Programme (UNDP) said deforestation was mainly caused by rising wood demand for ...
New Straits Times Staff
https://www.nst.com.my/world/region/2019/11/542639/cambodian-forest-shrinks-only-47pct-last-40-over-years
Subsidies spark cheaper energy
Cambodia plans to spend more than $100 million on subsidies by 2021 to reduce electricity tariffs in a move to spur economic growth and relieve the financial burden on businesses and households, a senior government official said. Electricite du Cambodge (EdC) director-general Keo Ratanak told reporters ...
Thou Vireak
https://www.phnompenhpost.com/business/subsidies-spark-cheaper-energy
$3 billion in reserve ahead of possible EBA withdrawal
The government has reserved around $3 billion to cope with a possible suspension of the Kingdom’s access to the EU’s preferential “Everything But Arms” (EBA) agreement. ...
Thou Vireak
https://www.phnompenhpost.com/national-politics/3-billion-reserve-ahead-possible-eba-withdrawal
Gov’t to raise 20% more tax revenue
As part of efforts to achieve a sound macroeconomy, the government plans to increase the revenue raised from taxation and customs and excise by more than 20 per cent next year. The 2020 national budget law approved on Tuesday targets a 28.1 per cent increase in ...
May Kunmakara
https://www.phnompenhpost.com/business/govt-raise-20-more-tax-revenue
Century Plaza sellers wait for new area after order to move
Phnom Penh municipal governor Khuong Sreng instructed Por Sen Chey district authorities and Century Group not to stop vendors from selling goods around Century Plaza Market, which is marked for redevelopment. ...
Long Kimmarita
https://www.phnompenhpost.com/national/century-plaza-sellers-wait-new-area-after-order-move
Korea assists Cambodia on occupational safety
Cambodia and Korea have joined hands to study the legislation of occupational health and safety regulations for employees at factories and business enterprises. The project was initiated on Thursday at the Ministry of Labour and Vocational Training when Minister Ith Sam Heng met with Choi Heaeun, ...
Long Kimmarita
https://www.phnompenhpost.com/national/korea-assists-cambodia-occupational-safety
Further heritage aiming to join Lakhon Khol
As the Kingdom marks the first anniversary of the inscription of traditional Cambodian dance drama Lakhon Khol on Unesco’s cultural heritage list, the government is preparing to have 10 other forms of tangible and intangible heritage registered with the UN body. ...
Khorn Savi
https://www.phnompenhpost.com/national/further-heritage-aiming-join-lakhon-khol
Photo of pupils learning outside prompts action
Prime Minister Hun Sen on Thursday ordered National Committee for Disaster Management first vice-president Kun Kim to visit O’Chunh Primary School in Teuk Kraham commune’s Sen Rung Roeung I village in Choam Ksan district, Preah Vihear province, after images of students studying in tents went ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/photo-pupils-learning-outside-prompts-action
Ministry says economic growth has benefitted people equitably
The strong economic growth Cambodia has experienced in the last few decades has benefitted everyone and created opportunities for all, a high-ranking government official said yesterday. ...
Chea Vannak
https://www.khmertimeskh.com/50665228/ministry-says-economic-growth-has-benefitted-people-equitably/
Institute unveils project to tackle waste crisis
The Global Green Growth Institute (GGGI) yesterday held a presentation in front of local authorities on a project that aims to tackle the waste crisis Cambodia is facing. ...
Poovenraj Kanagaraj
https://www.khmertimeskh.com/50665270/institute-unveils-project-to-tackle-waste-crisis/
Gov’t creates tourism development committee
The National Tourism Development Committee was created this month to boost the development of one of Cambodia’s most important economic drivers. ...
Chea Vannak
https://www.khmertimeskh.com/50665275/govt-creates-tourism-development-committee/
Draft Lango amendments on the table
The Interior Ministry is due to hold a meeting with representatives of local and foreign NGOs next week in a bid to review and give feedback over draft amendments to the Law on Associations and Non-Governmental Organisations. ...
Ben Sokhean
https://www.khmertimeskh.com/50665345/draft-lango-amendments-on-the-table/
South Korea pledges to support Kingdom’s ongoing development
The government yesterday highlighted the success of regional summits in South Korea, noting its government pledged to support the Kingdom’s socio-economic development. ...
Ben Sokhean
https://www.khmertimeskh.com/50665349/south-korea-pledges-to-support-kingdoms-ongoing-development/
Australia remains committed to aiding Kingdom
The Australian government is committed to continue aiding the Kingdom’s development, having already provided about $1 billion in funds from 1992 until last year. ...
Khuon Narim
https://www.khmertimeskh.com/50665348/australia-remains-committed-to-aiding-kingdom/
Event tackles MSME sector’s woes
Micro, small- and medium-sized enterprises (MSMEs) continue to play an important role in supporting the Kingdom’s economic growth, with stakeholder engagement required in tackling certain challenges, Ministry of Industry and Handicraft official Chhea Layhy said on Wednesday. ...
Thou Vireak
https://www.phnompenhpost.com/business/event-tackles-msme-sectors-woes
Ministry: Construction workers must upskill
Ministry of Labour and Vocational Training official Teang Sak on Wednesday urged the private sector to work with the government in improving the skills of workers to meet the needs of the fast-growing construction sector. ...
May Kunmakara
https://www.phnompenhpost.com/business/ministry-construction-workers-must-upskill
National economy experiencing robust growth: WB
The bank’s Cambodia Economic Update Report released yesterday said that Cambodia’s real growth of Gross Domestic Product (GDP) is forecast to decelerate to 7 percent in 2019, down from 7.5 percent in 2018. ...
Sok Chan
https://www.khmertimeskh.com/50664637/national-economy-experiencing-robust-growth-wb/
Experts address urbanisation planning
Cambodia should prioritise managed urban development to maximise economic growth and cope with the increase in population, industry insiders said yesterday. ...
Chea Vannak
https://www.khmertimeskh.com/50664638/experts-address-urbanisation-planning/
Government creates department to improve seed quality for better yields
The government is establishing a department under the Agriculture Ministry which will be responsible for improving the quality of seeds and distributing them more efficiently to farmers. ...
Pech Sotheary
https://www.khmertimeskh.com/50664641/government-creates-department-to-improve-seed-quality-for-better-yields/
UNAIDS proposes fast track initiative to prevent spread of HIV
UNAIDS and the National AIDS Authority will cooperate on an initiative to fast track measures to prevent or stop the spread of HIV in the capital and key provinces. ...
Sen David
https://www.khmertimeskh.com/50664742/unaids-proposes-fast-track-initiative-to-prevent-spread-of-hiv/
Prison department dismisses rights violations report
The General Department of Prisons has dismissed a report made by rights group Licadho which claimed there are violations of basic human rights in the Kingdom’s prisons. ...
Ben Sokhean
https://www.khmertimeskh.com/50664743/prison-department-dismisses-rights-violations-report/
Kratie resolves Memot Rubber Plantation land dispute in Snuol
Kratie provincial authorities have resolved a land dispute between more than 1,800 families and the Memot Rubber Plantation Company in Snuol district’s Pi Thnou commune. Khan Chamnan, provincial deputy governor, yesterday said that each family will receive two hectares of Social Land Concessions. ...
Pech Sotheary
https://www.khmertimeskh.com/50664714/kratie-resolves-memot-rubber-plantation-land-dispute-in-snuol/
Dengue, malaria eradication eyed in Prey Lang area
The Ministry of Environment is committed to eliminating malaria and other vector-borne diseases from the natural protected area in Prey Lang Wildlife Sanctuary by 2025. This is in line with the National Strategic Plan for Elimination of Malaria 2011-2025. ...
Ry Sochan
https://www.phnompenhpost.com/national/dengue-malaria-eradication-eyed-prey-lang-area