Khmer Times

Declaring a state of emergency is unlikely, PM says

Prime Minister Hun Sen said today that declaring a state of emergency will be unlikely as COVID-19 is under control. ...

Ben Sokhean
https://www.khmertimeskh.com/50710601/declaring-a-state-of-emergency-is-unlikely-pm-says/

Cambodia must boost agricultural output, says Prime Minister Hun Sen

The prime minister has urged all stake holders involved in the agricultural sector in the country to boost and promote the vital agricultural sector as it will provide food for the country’s people as well as enable exports. ...

Khmer Times Staff
https://www.khmertimeskh.com/710823/cambodia-must-boost-agricultural-output-says-prime-minister-hun-sen/

Cambodia faces further economic headwinds with AMRO downgrading economic growth to 2.7 Percent

The ASEAN+3 Macroeconomic Research Office (AMRO), in its release revealed the shared common situation of the ASEAN + 3 nations economic growth prospects for this and next year amid headinds caused by the Covid-19 pandemic. ...

Khmer Times Staff
https://www.khmertimeskh.com/50710810/cambodia-faces-further-economic-headwinds-with-mro-downgrading-economic-growth-to-2-7-percent/

Half a million workers already affected by cancelled orders

The Garment Manufacturers Association in Cambodia (GMAC) has stated approximately 60 percent of its factories have been severely affected by cancelled orders of ready-made garment exports, due to the COVID-19 pandemic. ...

Sok Chan
https://www.khmertimeskh.com/50710646/half-a-million-workers-already-affected-by-cancelled-orders/

Pandemic causes rise in Consumer Price Index

The COVID-19 pandemic has increased the Consumer Price Index (CPI) , according to a monthly report from the  Ministry of Commerce. ...

Khmer Times Staff
https://www.khmertimeskh.com/50710643/pandemic-causes-rise-in-consumer-price-index/

PM: Salt a ‘strategic product’ as stock and production to increase

The Cambodian Government has ordered an increase in salt production and stockpiling as the commodity becomes classified as a strategic product to ensure food security in the Kingdom during the COVID-19 pandemic. ...

Chea Vannak
https://www.khmertimeskh.com/50710678/pm-salt-a-strategic-product-as-stock-and-production-to-increase/

New SME bank welcomed but potential users may await the end of pandemic

Small and medium enterprises (SMEs) are expected to apply for a loan from the newly formed SME Bank of Cambodia to expand their production lines but first, they want to see the end of COVID-19, according to the vice-president of Cambodia Chamber of Commerce. ...

Khmer Times Staff
https://www.khmertimeskh.com/50710318/new-sme-bank-welcomed-but-potential-users-may-await-the-end-of-pandemic/

Over 100 construction workers stage protest over missing wages

More than 100 workers at a construction site in Preah Sihanouk province’s Sihanoukville protested and demanded four month’s worth of missing wages. ...

Sen David
https://www.khmertimeskh.com/50710420/over-100-construction-workers-stage-protest-over-missing-wages/

Ministry lists heritage preservation efforts

More than 6,000 archaeological and cultural heritage sites have been registered across the Kingdom, among other achievements, according to the Culture and Fine Arts Ministry. ...

Pech Sotheary
https://www.khmertimeskh.com/50710421/ministry-lists-heritage-preservation-efforts/

Cambodian Public Bank offers loan repayment deals during COVID-19

Cambodian Public Bank is responding to the Coronavirus crisis by taking pro-active action to provide help to its customers in distress by restructuring and rescheduling their loans to eligible individual and business customers. ...

Khmer Times Staff
https://www.khmertimeskh.com/50710323/cambodian-public-bank-offers-loan-repayment-deals-during-covid-19/

Riel effort to help local currency

The governor of the National Bank of Cambodia, the nation’s central bank, Chea Chanto, has opened his heart about the future of the domestic currency and the dollar. ...

Khmer Times Staff
https://www.khmertimeskh.com/50709853/riel-effort-to-help-local-currency/

Jica loans $50M to HKL to aid rural MSMEs

Hattha Kaksekar Limited (HKL), a subsidiary of Thai-based Bank of Ayudhya Pcl (Krungsri), received a $50 million loan from Japan International Cooperation Agency (Jica) to expand its operations and support micro-, small- and medium-sized enterprises (MSMEs) in rural areas. ...

May Kunmakara
https://www.phnompenhpost.com/business/jica-loans-50m-hkl-aid-rural-msmes

Cambodia and Japan: $2.3 billion record trade in 2019

Cambodia and Japan’s bilateral trade rose by 13 percent last year to $2,292 million, according to a recent report from the Japan External Trade Organisation (JETRO). ...

Chea Vannak
https://www.khmertimeskh.com/50709857/cambodia-and-japan-2-3-billion-record-trade-in-2019/

Extra $120 mln in capital for ABA Bank

National Bank of Canada has injected an additional capital investment of $120 million to support the further growth of Cambodia-based ABA Bank. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50709858/extra-120-mln-in-capital-for-aba-bank/

New GDP prediction is not optimistic

The Asian Development Bank (ADB) has predicted that the real economic growth of Cambodia will reach 2.3 percent this year and will be around 5.7 percent in 2021, according to the newly released report on ADB’s flagship annual economic publication titled, Asian Development Outlook 2020. ...

Sok Chan
https://www.khmertimeskh.com/50709859/new-gdp-prediction-is-not-optimistic/

Conservationist receives $20K grant for wildlife and land preservation efforts

The Ministry of Environment last week granted $20,000 to American conservationist Ben Davis to aid in his efforts to protect and preserve natural resources in Preah Vihear province’s Phnom Thnout-Phnom Pok Wildlife Sanctuary. ...

Pech Sotheary
https://www.khmertimeskh.com/50709974/conservationist-receives-20k-grant-for-wildlife-and-land-preservation-efforts/

COVID-19, no new cases in Cambodia for three days straight, amid optimism, caution urged

Optimism continued to climb in Cambodia in its fight against COVID-19 as no new cases were reported for the third consecutive day. ...

Khmer Times Staff
https://www.khmertimeskh.com/50710246/covid-19-no-new-cases-in-cambodia-for-three-days-straight-amid-optimism-caution-urged/

UNESCO highlights education contribution amid school closures

UNESCO yesterday highlighted its role in supporting education initiatives in the Kingdom amid school closures caused by the COVID-19 global outbreak. ...

Sen David
https://www.khmertimeskh.com/50710021/710021/

Cambodia is a recipient in IAEA shipment of vital testing equipment to combat COVID-19

Cambodia is among 40 over countries who are set to receive the initial shipment of vital testing equipment to combat the COVID-19 pandemic, which some countries have classified as an epidemic. ...

Khmer Times Staff
https://www.khmertimeskh.com/50708688/cambodia-is-a-recipient-in-iaea-shipment-of-vital-testing-equipment-to-combat-covid-19/

China remains major market for Cambodia rice exports

China remains the main source for Cambodia rice exports according to just-released data from the Cambodia Rice Federation (CRF). The CRF’s figures show that in the first quarter of 2020, 44 percent of Cambodia’s milled rice was shipped to China or 101,345 tonnes. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50708983/china-remains-major-market-for-cambodia-rice-exports/

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