Khmer Times

Government to increase cash for Labour to $160 million

The Royal Government has decided to increase the budget for Cash for Labour from $100 million to $160 million. ...

Khmer Times Staff
https://www.khmertimeskh.com/50776562/government-to-increase-cash-for-labour-to-160-million/

Cabinet approves Stung Tatai Leu hydropower dam development project

The 150-megawatt Stung Tatai Leu hydropower dam development project was endorsed during the plenary Cabinet Meeting held here this morning under the chairmanship of Prime Minister Hun Sen. ...

Khmer Times Staff
https://www.khmertimeskh.com/50776451/cabinet-approves-stung-tatai-leu-hydropower-dam-development-project/

Floods in Cambodia claim 40n lives as rescue efforts intensify

The National Committee for Disaster Management (NCDM) reported that the ongoing flash floods have so far killed 40 people. ...

Khmer Times Staff
https://www.khmertimeskh.com/50776800/floods-in-cambodia-claim-40n-lives-as-rescue-efforts-intensify/

More rain forecast due to storm Molave, amid flooding crisis

The Ministry of Water Resources and Meteorology yesterday announced that tropical storm Molave, currently causing havoc as it crosses the Philippines, will soon drop further rain on Cambodia, already suffering from devastating floods. Cambodia expects the impact of Molave from October 28 through 29, with ...

Sen David
https://www.khmertimeskh.com/50776745/more-rain-forecast-due-to-storm-molave-amid-flooding-crisis/

Government allocates over $31 million more for IDPoor scheme

The government has deposited more than $31 million to Wing agents nationwide to provide for the third round of payments for the IDPoor equity card scheme, set to benefit nearly 700,000 poor and vulnerable families, equivalent to 2.8 million people. ...

https://www.khmertimeskh.com/50776774/government-allocates-over-31-million-more-for-idpoor-scheme/
https://www.khmertimeskh.com/50776774/government-allocates-over-31-million-more-for-idpoor-scheme/

Free-trade deals ‘not necessarily good’

Having more free trade agreements with partner countries is a good deal for Cambodia that currently gets its biggest advantage from trade preferences under its Least Developed Country status. ...

Sorn Sarath
https://www.khmertimeskh.com/50776237/free-trade-deals-not-necessarily-good/

Capital gains tax delayed to 2022

The government has decided to delay the implementation of capital gains tax to Jan 1, 2022, according to a statement from the General Department of Taxation (GDT). ...

Sok Chan
https://www.khmertimeskh.com/50776024/capital-gains-tax-delayed-to-2022/

Kingdom signs deal with US on patents

Cambodia and the US have signed a memorandum of understanding (MoU) on patent cooperation, the move that will accelerate the bilateral trade between the two countries, according to the Ministry of Industry, Science, Technology and Innovation (MISTI). ...

Sorn Sarath
https://www.khmertimeskh.com/50776238/kingdom-signs-deal-with-us-on-patents/

Mekong dolphin population remains steady

The Fisheries Administration and World Wildlife Fund (WWF) yesterday announced that an estimated 89 Irrawaddy dolphins live in the rivers of Cambodia, according to an official population survey. ...

Sen David
https://www.khmertimeskh.com/50776137/mekong-dolphin-population-remains-steady/

NCDM: flash flood death toll stands at 39

The National Committee for Disaster Management (NCDM) has reported that the ongoing flash floods have so far killed 39 people, of them 22 in Banteay Meanchey province. ...

Khmer Times Staff
https://www.khmertimeskh.com/50776124/ncdm-flash-flood-death-toll-stands-at-39/

C-19 vaccine promised: Doses to be provided for three percent of population first

The World Health Organization (WHO) has confirmed that Cambodia will receive COVID-19 vaccines for three percent of the population when they are officially released.   ...

Khann Chanvirak
https://www.khmertimeskh.com/50775593/c-19-vaccine-promised-doses-to-be-provided-for-three-percent-of-population-first/

KOICA lays out plan for pandemic support

The Korea International Cooperation Agency (KOICA) and the Cambodian Rehabilitation and Development Board of the Council for the Development of Cambodia (CRDB/CDC) yesterday held a discussion meeting at the Council for the Development of Cambodia (CDC). ...

Khmer Times Staff
https://www.khmertimeskh.com/50775595/koica-lays-out-plan-for-pandemic-support/

Japan offers $239 million in emergency assistance

Japanese Foreign Affairs Minister Motegi Toshimitsu announced yesterday Japan will provide $239 million in emergency financial assistance to support Cambodia, saying it “has suffered from adverse economic impacts as a result of the novel coronavirus disease (COVID-19).”   ...

Ry Sochan
https://www.khmertimeskh.com/50775690/japan-offers-239-million-in-emergency-assistance/

PM asks banks and microfinance to delay loan repayment for flood victims

Prime Minister Hun Sen has appealed to all banks and microfinance institutions nationwide to understand the difficulties faced by flood victims who owe them, asking them to delay repayment or reduce the interest rate during the flooding. ...

Ben Sokhean
https://www.khmertimeskh.com/50775521/pm-asks-banks-and-microfinance-to-delay-loan-repayment-for-flood-victims/

Cambodia logs a new COVID-19 case, bringing tally to 286

In two consecutive days, Cambodia registered another new imported case of COVID-19 on a Polish man today, raising the tally of infections to 286.   ...

Khann Chanvirak
https://www.khmertimeskh.com/50775390/cambodia-logs-a-new-covid-19-case-bringing-tally-to-286/

Sweden contributes to tree conservation activities as part of COVID-19 response

The UN Development Programme (UNDP) announced yesterday that  Sweden will contribute about $500,000 to  its joint conservation efforts with the Environment Ministry in Pursat and Siem Reap provinces to support tree planting activities, the establishment of plant nurseries and a “cash-for-work” initiative. ...

Som Kanika
https://www.khmertimeskh.com/50775184/sweden-contributes-to-tree-conservation-activities-as-part-of-covid-19-response/

NBC auctions $50 million

The National Bank of Cambodia (NBC) has announced a $50 million auction this week to stabilise the local currency exchange rate in the market. The NBC has informed banks, microfinance institutions (MFIs) and licensed money exchangers that the minimum rate for auction will be announced ...

Sorn Sarath
https://www.khmertimeskh.com/50775257/nbc-auctions-50-million/

Rice exports ‘unaffected by rain’

Cambodia Rice Federation (CRF) has claimed that the floods, which have had the biggest impact on the agriculture sector, will not hurt the country’s rice exports this year. ...

Sorn Sarath
https://www.khmertimeskh.com/50775239/rice-exports-unaffected-by-rain/

GDP numbers rendered uncertain by floods

Flooding has created uncertainty over the Kingdom’s economic outlook this year, with various figures bandied about and thousands of households and paddies affected. ...

Sorn Sarath
https://www.khmertimeskh.com/50775085/gdp-numbers-rendered-uncertain-by-floods/

Speculation fears over location of new ring road

The Ministry of Public Works and Transport (MPWT) held consultations to decide the location of National Ring Road 4 around Phnom Penh. Once complete, it is expected to ease traffic and freight transportation. But the location of the project is being kept under wraps to ...

Jason Boken
https://www.khmertimeskh.com/50775152/speculation-fears-over-location-of-new-ring-road/

Kingdom cuts inequality, says Oxfam

Cambodia performs better at global commitment to reduce inequality, despite COVID-19, according to a report on Oxfam in Cambodia Policy. ...

Sok Chan
https://www.khmertimeskh.com/50774670/kingdom-cuts-inequality-says-oxfam/

Economy damaged by severe rain, flooding

Flooding has caused delays in the transportation of goods for many days as national roads suffer damage, costing the country’s economy dearly because the government will have to spend more on repairs. ...

Sorn Sarath
https://www.khmertimeskh.com/50774871/economy-damaged-by-severe-rain-flooding/

Lyly Food to build special economic zone in Sihanoukville

A senior executive officer of Cambodian rice-crackers manufacturer Lyly Food Industry Co Ltd has said the company will build a special economic zone (SEZ) in Preash Sihanouk province and plans to launch it next year. ...

Sok Chan
https://www.khmertimeskh.com/50774342/lyly-food-to-build-special-economic-zone-in-sihanoukville/

Ministry speeding up draft port law

The Ministry of Public Works and Transport has convened a meeting to discuss the speeding up of the draft port law. The law is expected to play a crucial role in management and development of port, promotion of national and international trade, order maintenance, facilitation ...

Lim Nary/AKP
https://www.khmertimeskh.com/50773840/ministry-speeding-up-draft-port-law/

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