Khmer Times

Nearly US$8 million in investment projects licensed

Three new investment projects with a total investment capital of US$7.9 million have received the green light from the Council for the Development of Cambodia (CDC).​ ...

Khmer Times Staff
https://www.khmertimeskh.com/50720897/nearly-us8-million-in-investment-projects-licensed/

Cambodia exported over 186,000 tonnes of cashew nuts in first 4 months of 2020

Cambodia exported 186,205 tonnes of cashew nut to foreign markets in the first four months of this year, according to a report from the Ministry of Agriculture, Forestry and Fisheries. ...

Khmer Times Staff
https://www.khmertimeskh.com/50720899/cambodia-exported-over-186000-tonnes-of-cashew-nuts-in-first-4-months-of-2020/

Chinese firm unveils US$160-million parking lot investment in Phnom Penh

China Good Cars Holding Ltd. has unveiled a US$160-million-worth investment project in a parking lot for heavy vehicles in Phnom Penh – aiming to contribute to reducing traffic congestion in the capital. ...

Khmer Times Staff
https://www.khmertimeskh.com/50720892/chinese-firm-unveils-us160-million-parking-lot-investment-in-phnom-penh/

SME Bank ‘must relax its criteria for loans’

THE President of the Federation of Associations of Small and Medium Enterprises of Cambodia (FASMEC) Te Taingpor has requested the SME Bank of Cambodia and participating financial institutions to extend the payment period of the SME Co-Financing Scheme from four to six years and take ...

Sok Chan
https://www.khmertimeskh.com/50720985/sme-bank-must-relax-its-criteria-for-loans/

Agriprocessors urged to take out loans and expand work

The state-run Agricultural and Rural Development Bank (ARDB) has called for small and medium enterprises (SMEs) to expand their agriculture-based processing productions and apply for low-interest rate emergency loans. ...

Chea Vannak
https://www.khmertimeskh.com/50720250/agriprocessors-urged-to-take-out-loans-and-expand-work/

2,000 tonnes of Cambodian pepper exported in first 4 months

Cambodian pepper has been exported to 13 foreign markets in the first four months of this year, according to the Ministry of Agriculture, Forestry and Fisheries. ...

Khmer Times Staff
https://www.khmertimeskh.com/50720440/2000-tonnes-of-cambodian-pepper-exported-in-first-4-months/

Institutions link to boost tourism

The Royal Academy of Cambodia (RAC) and Ministry of Tourism have agreed to team up to boost tourism in the Kingdom. Both institutions will soon sign a memorandum of understanding (MoU) to that effect. ...

Sok Chan
https://www.khmertimeskh.com/50720709/institutions-link-to-boost-tourism/

Kingdom to export fresh food to S. Korea by end of June

Hyundai Agro (Cambodia) will export fresh vegetables and other fresh ingredient from Cambodia to South Korea by the end of June this year, its managing director said. ...

Sok Chan
https://www.khmertimeskh.com/50720708/kingdom-to-export-fresh-food-to-s-korea-by-end-of-june/

US trade up 35% in Q1

Bilateral trade between Cambodia and the United States has been valued at $1.678 billion for the first quarter of 2020, representing a 35 percent increase compared with the same time last year, according to trade data from the US Government. ...

Chea Vannak
https://www.khmertimeskh.com/50720675/us-trade-up-35-in-q1/

Free vegetable seeds for farmers affected by COVID-19

Banteay Meanchey provincial officials and the Ministry of Economy and Finance announced on Wednesday that they will distribute free vegetable seeds to farmers and garment workers. ...

Som Kanika
https://www.khmertimeskh.com/50720984/free-vegetable-seeds-for-farmers-affected-by-covid-19/

Ministry refutes NGO’s claim about cleared protected forest

The Environment Ministry yesterday refuted a claim by Wildlife Alliance that more than 200 hectares of mangrove forest had been cleared inside protected areas in Koh Kong province’s Peam Krasaop Wildlife Sanctuary. ...

Khuon Narim
https://www.khmertimeskh.com/50720988/ministry-refutes-ngos-claim-about-cleared-protected-forest/

Rangers clamp down on about 400 cases of forestry crimes in Prey Lang

The Environment Ministry rangers and relevant authorities clamped down on about 400 cases of natural resources crime with the arrest of about 100 offenders in Prey Lang Wildlife Sanctuary for the first four months of this year. ...

Pech Sotheary
https://www.khmertimeskh.com/50720992/rangers-clamp-down-on-about-400-cases-of-forestry-crimes-in-prey-lang/

Clean Water Plays a Crucial Role in the fight against COVID-19

Ongoing crisis is reminder of a significant portion of the world population currently lacking adequate access to basic hand-washing facilities.​ ...

Sok Chan
https://www.khmertimeskh.com/50720987/clean-water-plays-a-crucial-role-in-the-fight-against-covid-19/

One teen killed, four injured in UXO explosions

A boy was killed and four others sustained injuries when a UXO and a landmine exploded in two separate incidents in Battambang province’s Samlot district and Pursat province’s Veal Veng district. ...

Pech Sotheary
https://www.khmertimeskh.com/50720609/one-teen-killed-four-injured-in-uxo-explosions/

Massive forest clearing found in Koh Kong province

The Wildlife Alliance yesterday discovered over 200 hectares of mangrove forests within Koh Kong province’s Peam Krasaop Wildlife Sanctuary were illegally cleared. ...

Khuon Narim
https://www.khmertimeskh.com/50720606/massive-forest-clearing-found-in-koh-kong-province/

Factory furloughs nearly 2,000 workers amid coronavirus

Nearly 2,000 garment workers are now in limbo after their employer You Li International Garment Co Ltd in Svay Rieng province’s Bavet city announced a suspension of operations as clothing orders dry up amid the coronavirus pandemic. ...

Sen David
https://www.khmertimeskh.com/50720608/factory-furloughs-nearly-2000-workers-amid-coronavirus/

Law on Construction expected to prevent structural failures

Kep provincial governor Ken Satha yesterday blamed the lack of a construction law for the deadly building collapse in Kep city earlier this year, which took the lives of 36 people, including children, and injured 23 others. His statement came amid continued demands for justice ...

Ben Sokhean
https://www.khmertimeskh.com/50720136/law-on-construction-expected-to-prevent-structural-failures/

Thai company donates COVID-19 aid to the Kingdom

Thai Fermentation Industry Co Ltd which produces Rachachuros Genuine MSG, donated $155,000 to the Ministry of Foreign Affairs in a bid to support the Cambodia government to combat the COVID-19. ...

Som Kanika
https://www.khmertimeskh.com/50720140/thai-company-donates-covid-19-aid-to-the-kingdom/

COVID-19: no new cases in Cambodia for over 2 weeks

Cambodia has found no new case of the novel coronavirus (COVID-19) for 24 days in a row, according to the Ministry of Health’s press release issued this morning. ...

Khmer Times Staff
https://www.khmertimeskh.com/50720458/covid-19-no-new-cases-in-cambodia-for-over-2-weeks/

GMAC demands all payment from buyers

The Garment Manufacturers Association (GMAC) in Cambodia has reiterated an appeal to buyers to source their goods from Cambodia as the economic situation becomes worse with nearly 200 factories suspending their operations because of the COVID-19 pandemic. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50719909/gmac-demands-all-payment-from-buyers/

No loans from $100 million financing scheme

The government’s new $100 million Small and Medium Enterprise Co-Financing Scheme has yet to approve any applications, receiving only some ínquiries pending approval, according to a bank representative. ...

Sok Chan
https://www.khmertimeskh.com/50719826/no-loans-from-100-million-financing-scheme/

Government aid for more than 80,000 poor pregnant women and children aged below 2

Toch Channy, Director General of Technical General Department and Spokesperson of the Ministry of Social Affairs, Veterans and Youth Rehabilitation said that the assistance is made possible under the government’s new policy to enhance the welfare of poor pregnant women and child nutrition, reflecting the ...

Khmer Times Staff
https://www.khmertimeskh.com/50719279/government-aid-for-more-than-80000-poor-pregnant-women-and-children-aged-below-2/

Rice exports grew by about 40.5 percent compared with last year

Cambodia’s rice exports to China were 122,094 tonnes (41 percent), to the European Union 97,337 tonnes (32.4 percent), to Asean members 37,428 tonnes (12.5 percent) and to other destinations 43,393 tonnes (14.45 percent). ...

Sok Chan
https://www.khmertimeskh.com/50719616/rice-exports-grew-by-about-40-5-percent-compared-with-last-year/

KrisEnergy secures $87 million loan facility for Phase 1 of Apsara oil fields in Cambodia

KrisEnergy (Apsara) Company Ltd, the concession holder for Cambodia’s Block 1 offshore oil field has secured a credit facility agreement of $87 million. ...

Khmer Times Staff
https://www.khmertimeskh.com/50719285/krisenergy-secures-87-million-loan-facility-for-phase-1-of-apsara-oil-fields-in-cambodia/

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