Khmer Times

New draft law on investment mulled

The government is sending a new draft law on investment to the private sector to discuss ways to make it more comprehensive and help Cambodia become an attractive destination for new investment and to improve the investment environment in the country. ...

Sok Chan
https://www.khmertimeskh.com/50773944/new-draft-law-on-investment-mulled/

PPSP: No dividends but share buyback

The Cambodia Securities Exchange (CSX)-listed Phnom Penh SEZ Plc (PPSP) has announced that it will have no dividend distribution this year and will also be buying back company shares (at an undisclosed volume and value), according to documents filed to the exchange. ...

Harrison White
https://www.khmertimeskh.com/50773546/ppsp-no-dividends-but-share-buyback/

Russia pledges to boost trade ties with Cambodia, to consider debt relief

Newly appointed Ambassador of Russia to Cambodia Anatoly Borovik has pledged to further boost the trade relations and investment between the two countries, which are currently at a low level.   ...

Khmer Times Staff
https://www.khmertimeskh.com/50773458/russia-pledges-to-boost-trade-ties-with-cambodia-to-consider-debt-relief/

Cintri workers negotiate and return to work

Over 2,000 Cintri workers have agreed to return to work after strikes lasting nearly two weeks. ...

Sen David
https://www.khmertimeskh.com/50773398/cintri-workers-negotiate-and-return-to-work/

EU donates over $2 million for safe school re-openings

The European Union has contributed just under $2.4 million to Cambodia for the safe re-opening of schools and the continuing education of children, as part of their support for COVID-19 response and recovery. ...

Sen David
https://www.khmertimeskh.com/50773310/eu-donates-over-2-million-for-safe-school-re-openings/

FAO ready to respond to food security needs in Cambodia

The United Nations Food and Agriculture Organization (FAO) yesterday confirmed that it and its partners stand ready to support the Cambodian government to respond to COVID-19 and ensure sustainable food systems. ...

Sen David
https://www.khmertimeskh.com/50773723/fao-ready-to-respond-to-food-security-needs-in-cambodia/

Thousands still suffering from floods

A National Committee for Disaster Management report released yesterday said that severe flooding continues to impact some 193,268 people across the Kingdom. ...

Som Kanika
https://www.khmertimeskh.com/50773724/thousands-still-suffering-from-floods/

Ministry issues flood safety guidelines for factories

The Ministry of Labour issued guidelines for factory owners yesterday to help prepare them for floods as Phnom Penh and other provinces have been hit hard by heavy rainfall. ...

Sen David
https://www.khmertimeskh.com/50773794/ministry-issues-flood-safety-guidelines-for-factories/

Dam damaged due to heavy rainfall

The sluice gate at Chamkar Te Dam in Kampong Speu province’s Kirirom mountains, which holds 5 million cubic metres of water, has collapsed due to heavy rains.   ...

Som Kanika
https://www.khmertimeskh.com/50773322/dam-damaged-due-to-heavy-rainfall/

EUROCHAM urged to attract more investors

Labor Minister Ith Samheng yesterday asked the European Chamber of Commerce in Cambodia (EUROCHAM) president Tassilo Brinzer to help attract more investors to Cambodia. ...

Sen David
https://www.khmertimeskh.com/50773408/eurocham-urged-to-attract-more-investors/

Tax collection ‘strong’

The government’s tax collection remains strong even during the COVID-19 pandemic, reaching more than $2.25 billion in the first nine months of this year, according to a report by the General Department of Taxation (GDT). ...

Sorn Sarath
https://www.khmertimeskh.com/50772989/tax-collection-strong/

Heavy rain brings more misery to industry

Hard on the heels of the hardship of the global COVID-19 pandemic, which has left hundreds of thousands unemployed in the manufacturing and tourism sector, Cambodia’s industry is now struggling with the challenge of heavy flooding, which is particularly harming the  agriculture sector. ...

Sorn Sarath
https://www.khmertimeskh.com/50772449/heavy-rain-brings-more-misery-to-industry/

Cambodia, China sign trade deal

China and Cambodia yesterday signed a free trade agreement (FTA) in Phnom Penh, with Cambodian Prime Minister Hun Sen and visiting Chinese State Councillor and Foreign Minister Wang Yi attending the signing ceremony. ...

Mark Hughes
https://www.khmertimeskh.com/50772642/cambodia-china-sign-trade-deal/

Business registrations far speedier thanks to internet

“Within almost a four-month period as of October 2, 2020, we received a total of 1,793 applications, 1,367 of which have been approved and 426 of which are under review. The average number of days it takes to register a company is eight,” said Undersecretary ...

Sok Chan
https://www.khmertimeskh.com/50772450/business-registrations-far-speedier-thanks-to-internet/

China, Cambodia vow to deepen cooperation in all areas

Cambodian Prime Minister Hun Sen met here on Monday with visiting Chinese State Councilor and Foreign Minister Wang Yi, and both sides pledged to deepen mutually beneficial cooperation in all areas.   ...

Khmer Times Staff
https://www.khmertimeskh.com/50772590/china-cambodia-vow-to-deepen-cooperation-in-all-areas/

China provides around $140 million in grants for development

Deputy Prime Minister Hor Namhong said that China has provided about $140 million in grants for urgent development projects in the Kingdom. ...

Ry Sochan
https://www.khmertimeskh.com/50772448/china-provides-around-140-million-in-grants-for-development/

Death toll rises to 16 as floods continue in Kingdom

Flash floods killed another five people in the Kingdom while more provinces continue to face challenges caused by heavy rain. ...

Tith Kongnov
https://www.khmertimeskh.com/50772528/death-toll-rises-to-16-as-floods-continue-in-kingdom/

Ministry allows public universities to reopen with COVID-19 measures​

The Ministry of Education yesterday announced that it has given a green light to public universities all over the country to reopen after months of closure to prevent the outbreak of COVID-19.​   ...

Taing Rinith
https://www.khmertimeskh.com/50772511/ministry-allows-public-universities-to-reopen-with-covid-19-measures/

Flash-flood chaos in the capital

Day-long heavy rain on Sunday caused unprecedented flash floods which wreaked havoc in the capital. ...

Tith Kongnov
https://www.khmertimeskh.com/50772451/flash-flood-chaos-in-the-capital/

Floods kill at least 10 and wreak havoc in Kingdom

Flash floods continue to cause chaos in several parts of the Kingdom, especially in Pursat and Battambang provinces, taking at least 10 lives nationwide.   ...

Som Kanika
https://www.khmertimeskh.com/50772055/floods-kill-at-least-10-and-wreak-havoc-in-kingdom/

China’s Foreign Affairs Minister visits Cambodia to strengthen relations

Chinese State Councillor and Foreign Affairs Minister, Wang Yi, arrived in the Kingdom yesterday for a two-day visit to strengthen the friendship between the two countries. ...

Ry Sochan
https://www.khmertimeskh.com/772059/772059/

Cambodian cabinet endorse 629 public investment projects for 2021-2023

The Cabinet Meeting, held here this morning under the chairmanship of Prime Minister Hun Sen, approved the draft 3-Year Rolling Public Investment Programme 2021-2023.   ...

Khmer Times Staff
https://www.khmertimeskh.com/50771846/cambodian-cabinet-endorse-629-public-investment-projects-for-2021-2023/

Protests over reclamation of Takeo ponds

Nearly 700 people have filed a petition to protest the removal of Tram Khnar pond and Khmeng pond over a total area of over three hectares located in Bati district, Takeo province. The protest comes after residents learned that a private company is trying to ...

Tith Kongnov
https://www.khmertimeskh.com/50772155/protests-over-reclamation-of-takeo-ponds/

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