Khmer Times
ADB: Investment in human resources critical
The Asian Development Bank (ADB) has outlined that the government needs to continue investing in its people through the widening of parameters for programmes such as ID Poor and upskilling workers transitioning into new sectors to achieve a post-pandemic economic recovery. ...
Harrison White
https://www.khmertimeskh.com/50798179/adb-investment-in-human-resources-critical/
NBC conference discusses growth models for economic development
The seventh annual NBC Macroeconomic Conference 2020 commenced yesterday under the theme of “Discussion of Cambodia’s Economic Development Models”. It is being held virtually and will conclude on the morning of Dec 29. ...
Historic day for the nation as Apsara oil is now flowing
Mr Hun Sen considers Cambodia’s first drop of oil as a blessing to the Cambodian nation. The revenue raised from this oil production will be used for two priority areas: education and health. ...
Sok Chan
https://www.khmertimeskh.com/50798561/historic-day-for-the-nation-as-apsara-oil-is-now-flowing/
PM: Private schools can now resume today
The Ministry of Education, Youth and Sports (MoEYS) has just issued a directive this morning through Prime Minister Hun Sen in his special statement broadcast live from his residence in Takhmao city, Kandal province by the TVK to allow private educational institutions to resume physical ...
Rhea Mae Soco
https://www.khmertimeskh.com/50798455/private-schools-can-now-resume-today/
Crackdown on IDPoor eligibility
The Minister of Interior Sar Kheng has urged capital-provincial governors to strengthen the identification process for IDPoor-eligible families, to make sure that only those who really need it, receive it. ...
Khann Chanvirak
http://khmertimeskh.com/50798105/crackdown-on-idpoor-eligibility/
Expressway announced linking city centre to new Phnom Penh International Airport
Local conglomerate Overseas Cambodia Investment Corp (OCIC), the company behind the new Phnom Penh International Airport, has told Construction & Property Magazine that it will build an expressway (flyover) that will connect the city centre to the new airport. ...
Cambodia reviews trading policy and strategy
The Ministry of Commerce has begun the review of the policy and strategy for Free Trade Agreement (FTA) to optimise its benefits both for Cambodia and concerned parties. ...
So Sophavy/AKP
https://www.khmertimeskh.com/50798268/cambodia-reviews-trading-policy-and-strategy/
Cambodia requests Japanese support for agricultural product processing
Minister of Agriculture, Forestry and Fisheries Veng Sakhon has requested the Japanese government, through the Japan International Cooperation Agency (JICA), to consider projects to support Cambodia’s agricultural product processing. ...
Phal Sophanith/AKP
https://www.khmertimeskh.com/50798277/cambodia-requests-japanese-support-for-agricultural-product-processing/
EDF outlines support to growing local entrepreneurial ecosystem
The Entrepreneurship Development Fund (EDF) Board of Trustees convened last week to review some of EDF’s notable achievements in 2020 in supporting Cambodia’s growing entrepreneurial ecosystem. ...
Harrison White
https://www.khmertimeskh.com/50797899/edf-outlines-support-to-growing-local-entrepreneurial-ecosystem/
Tax cuts and exemptions extended
Tax cuts and exemptions will be extended to help companies and unemployed workers better weather the ongoing effects of the COVID-19 pandemic, according a statement issued last week by the government. ...
Jason Boken
https://www.khmertimeskh.com/50797743/tax-cuts-and-exemptions-extended-2/
Digital services tax levy under study
The Ministry of Economy and Finance, Ministry of Commerce and Ministry of Post and Telecommunications held a joint meeting last week to discuss the potential collection of a digital services tax. ...
Jason Boken
https://www.khmertimeskh.com/50797802/digital-services-tax-levy-under-study-2/
Five officials under fire for land grabs
A judge, a deputy prosecutor, two high-ranking-military officials and a district land management official have had a complaint filed against them for alleged corruption, abuse of power and grabbing six hectares of land in Oddar Meanchey province in 2016. ...
Buth Reaksmey Kongkea
https://www.khmertimeskh.com/50797742/five-officials-under-fire-for-land-grabs/
Schools ready to open, fear post-COVID-19 crisis
After almost a month of school closure due to the COVID-19 pandemic, private schools are now getting ready to open soon. ...
Rhea Mae Soco
https://www.khmertimeskh.com/50797803/schools-ready-to-open-fear-post-covid-19-crisis/
Ministry of Health reopens shops relating to November 28 incident
Minister of Health Mam Bunheng has announced today that shops and restaurants related to the community transmission on November 28 are now allowed to reopen starting today. ...
Rhea Mae Soco
https://www.khmertimeskh.com/50797685/ministry-of-health-reopens-shops-relating-to-november-28-incident/
Gov’t extends financial support programmes for next three months
The government has extended its financial support programmes to aid the garment and textile industry, tourism sectors and poor people for another three months from January to March 2021, according to a government statement released yesterday. ...
A floating community in Siem Reap adopting plastic free approach to combat pollution
A floating community in Tonle Sap Lake in Keo Por commune, Puok district of Siem Reap province is aware of environmental impact caused by plastic wastes – thanks to their participation in a campaign to clear the lake from plastic. ...
Lim Nary/AKP
https://www.khmertimeskh.com/50797225/a-floating-community-in-siem-reap-adopting-plastic-free-approach-to-combat-pollution/
Sino-Cambodian ties deeper-rooted after joint COVID-19 fight, bilateral FTA signing
China-Cambodia ties have been deeper-rooted in 2020 after the two countries have worked together closely to combat the COVID-19 pandemic and have signed the bilateral free trade agreement, say Cambodian officials and academics. ...
Mao Pengfei, Nguon Sovan/Xinhua
https://www.khmertimeskh.com/50797241/sino-cambodian-ties-deeper-rooted-after-joint-covid-19-fight-bilateral-fta-signing/
Cambodia Australia consumer care plan
The Cambodia-Australia Consumer Protection Partnership will launch in 2021 with Australia having agreed to station a consumer protection technical official in the Kingdom following a request by the Ministry of Commerce. This will allow the sharing of expertise and experience towards the enhancement of work ...
Harrison White
https://www.khmertimeskh.com/50797232/cambodia-australia-consumer-care-plan/
Stamp duty tax exemption extended for another year
The government has decided to extend the stamp duty tax exemption deadline for property worth less than $70,000 from January to December 2021. The official announcement, released this week, is intended to boost the economy by encouraging more property transactions. In its announcement, the government ...
Jason Boken
https://www.khmertimeskh.com/50797156/stamp-duty-tax-exemption-extended-for-another-year/
Two investment projects approved by CDC
The two new projects, with a total investment capital of $6.4 million, will be located in Khan Pursenchey, Phnom Penh capital, and Samrong district, Takeo province, pointed out the CDC in an announcement issued this afternoon. The newly-approved projects are expected to create some 2,571 ...
Phal Sophanith/AKP
https://www.khmertimeskh.com/50797186/two-investment-projects-approved-by-cdc/
PM orders authorities to execute well the fourth round of cash relief programme
Hun Sen, Prime Minister of the Kingdom of Cambodia, once again ordered local authorities and all stakeholders to carry out the fourth round of cash relief programme in a proper, precise, transparent, accountable and fair manner. ...
Phen Rattanak/AKP
https://www.khmertimeskh.com/50796833/pm-orders-authorities-to-execute-well-the-fourth-round-of-cash-relief-programme/
Gov’t predicts per capita GDP will reach $1,771 next year
The Cambodian government has projected the country’s per capita gross domestic product (GDP) will reach $1,771 by the end of 2021, up from $1,600 this year, an anticipated increase of 10.6 percent. ...
Harrison White
https://www.khmertimeskh.com/50796692/govt-predicts-per-capita-gdp-will-reach-1771-next-year/
Mondulkiri’s potato production is struck by seed shortage
The ministry of agriculture, forestry, and fisheries’ potato production in Mondulkiri, a northeastern province of Cambodia, has been hampered by a lack of seed, a provincial senior official revealed. ...
Sar Socheath
https://www.khmertimeskh.com/50796917/mondulkiris-potato-production-is-struck-by-seed-shortage/
European Union, Germany, France co-invest $115m in rural infrastructure
Representatives from the Cambodian government, the German development bank KfW, Agence Francaise de Developpement (AFD) and the European Union (EU) have signed agreements for the financing of the RID4CAM (Rural Infrastructure Development for Cambodia) project, which aims to develop rural infrastructure in the central plain ...
Harrison White
https://www.khmertimeskh.com/50796892/european-union-germany-france-co-invest-115m-in-rural-infrastructure/