Khmer Times

SME Bank expected to help boost local production

The State-run SME (Small and Medium Enterprise) Bank is expected to help lift local productions, supplying domestic demands, officials and key insiders said. ...

Khmer Times Staff
https://www.khmertimeskh.com/50721318/sme-bank-expected-to-help-boost-local-production/

Draft over infrastructure linking Lancang-Mekong countries

Ministry of Post and Telecommunications (MPTC) this week opened discussions for the draft on 2020-2030 cooperation plan Lancang-Mekong countries. ...

Sorn Sarath
https://www.khmertimeskh.com/50721420/draft-over-infrastructure-linking-lancang-mekong-countries/

Fertiliser imports on the rise

Cambodia imported more than 1.2 million tonnes of fertiliser and pesticide in 2019, a year-on-year increase of 9 percent, according to a report from the Ministry of Agriculture, Forestry and Fisheries. ...

Khmer Times Staff
https://www.khmertimeskh.com/50721495/fertiliser-imports-on-the-rise/

Cross-border trade with Thailand estimated at just $1.5 million for first quarter

Cambodia’s cross border trade with Thailand fell to $1.5 million in the first quarter as the coronavirus hit the global economy and led to closure of dozens of checkpoints. ...

Khmer Times Staff
https://www.khmertimeskh.com/50721501/cross-border-trade-with-thailand-estimated-at-just-1-5-million-for-first-quarter/

Two investment projects approved by CDC to create hundreds of jobs

The Council for the Development of Cambodia (CDC) has approved two more investment projects which are expected to create almost 687 jobs for the locals. ...

Khmer Times Staff
https://www.khmertimeskh.com/50721539/two-investment-projects-approved-by-cdc-to-create-hundreds-of-jobs/

New port ‘will boost’ tourism

The construction of the new tourism port in Kampot province is more than 30 percent complete and is expected to be finished by the middle of the year, according to the Kampot provincial tourism department. ...

Sok Chan
https://www.khmertimeskh.com/50721748/new-port-will-boost-tourism/

Loans in Kingdom soaring

Credit Bureau Cambodia (CBC) has reported that the total outstanding loans in the first quarter of the year reached about $28.4 billion, up to 26 percent compared with the same period last year. ...

Sok Chan
https://www.khmertimeskh.com/50722002/loans-in-kingdom-soaring/

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/

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