Khmer Times
Constitutional Council input needed
While the Senate is expected to debate and approve the “State of Emergency” law next week, if it is approved by the National Assembly on Friday, the question remains on who can declare a state of emergency since King Norodom Sihamoni is still in China ...
Ben Sokhean
https://www.khmertimeskh.com/50711147/constitutional-council-input-needed/
Absent workers during KNY must go on 14 days unpaid leave and mandatory self-quarantine
A senior official at the Ministry of Labour and Vocational Training (MoLVT) said that the workers who go on unpaid leave during the cancelled Khmer New Year will have to undergo mandatory 14 days self-quarantine if they breach the government’s sub-decree. ...
Further fiscal woes for tourism sector
The Government on Tuesday announced the suspension of the annual Khmer New Year celebration, in a bid to stop the spread of the Novel Coronavirus. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50710647/further-fiscal-woes-for-tourism-sector/
Declaring a state of emergency is unlikely, PM says
Prime Minister Hun Sen said today that declaring a state of emergency will be unlikely as COVID-19 is under control. ...
Ben Sokhean
https://www.khmertimeskh.com/50710601/declaring-a-state-of-emergency-is-unlikely-pm-says/
Cambodia must boost agricultural output, says Prime Minister Hun Sen
The prime minister has urged all stake holders involved in the agricultural sector in the country to boost and promote the vital agricultural sector as it will provide food for the country’s people as well as enable exports. ...
Khmer Times Staff
https://www.khmertimeskh.com/710823/cambodia-must-boost-agricultural-output-says-prime-minister-hun-sen/
Cambodia faces further economic headwinds with AMRO downgrading economic growth to 2.7 Percent
The ASEAN+3 Macroeconomic Research Office (AMRO), in its release revealed the shared common situation of the ASEAN + 3 nations economic growth prospects for this and next year amid headinds caused by the Covid-19 pandemic. ...
Khmer Times Staff
https://www.khmertimeskh.com/50710810/cambodia-faces-further-economic-headwinds-with-mro-downgrading-economic-growth-to-2-7-percent/
Half a million workers already affected by cancelled orders
The Garment Manufacturers Association in Cambodia (GMAC) has stated approximately 60 percent of its factories have been severely affected by cancelled orders of ready-made garment exports, due to the COVID-19 pandemic. ...
Sok Chan
https://www.khmertimeskh.com/50710646/half-a-million-workers-already-affected-by-cancelled-orders/
No sign of slowing sales of borey projects despite Coronavirus
Sale prices of Phnom Penh landed property (borey) units showed no sign of slowing down in the past six months. Driven by strong local demand, the average quoted prices accelerated across all unit types, according to the first quarter report from CBRE, a commercial real ...
Pandemic causes rise in Consumer Price Index
The COVID-19 pandemic has increased the Consumer Price Index (CPI) , according to a monthly report from the Ministry of Commerce. ...
Khmer Times Staff
https://www.khmertimeskh.com/50710643/pandemic-causes-rise-in-consumer-price-index/
PM: Salt a ‘strategic product’ as stock and production to increase
The Cambodian Government has ordered an increase in salt production and stockpiling as the commodity becomes classified as a strategic product to ensure food security in the Kingdom during the COVID-19 pandemic. ...
Chea Vannak
https://www.khmertimeskh.com/50710678/pm-salt-a-strategic-product-as-stock-and-production-to-increase/
New SME bank welcomed but potential users may await the end of pandemic
Small and medium enterprises (SMEs) are expected to apply for a loan from the newly formed SME Bank of Cambodia to expand their production lines but first, they want to see the end of COVID-19, according to the vice-president of Cambodia Chamber of Commerce. ...
Khmer Times Staff
https://www.khmertimeskh.com/50710318/new-sme-bank-welcomed-but-potential-users-may-await-the-end-of-pandemic/
Over 100 construction workers stage protest over missing wages
More than 100 workers at a construction site in Preah Sihanouk province’s Sihanoukville protested and demanded four month’s worth of missing wages. ...
Ministry lists heritage preservation efforts
More than 6,000 archaeological and cultural heritage sites have been registered across the Kingdom, among other achievements, according to the Culture and Fine Arts Ministry. ...
Pech Sotheary
https://www.khmertimeskh.com/50710421/ministry-lists-heritage-preservation-efforts/
Cambodian Public Bank offers loan repayment deals during COVID-19
Cambodian Public Bank is responding to the Coronavirus crisis by taking pro-active action to provide help to its customers in distress by restructuring and rescheduling their loans to eligible individual and business customers. ...
Khmer Times Staff
https://www.khmertimeskh.com/50710323/cambodian-public-bank-offers-loan-repayment-deals-during-covid-19/
Riel effort to help local currency
The governor of the National Bank of Cambodia, the nation’s central bank, Chea Chanto, has opened his heart about the future of the domestic currency and the dollar. ...
Khmer Times Staff
https://www.khmertimeskh.com/50709853/riel-effort-to-help-local-currency/
Jica loans $50M to HKL to aid rural MSMEs
Hattha Kaksekar Limited (HKL), a subsidiary of Thai-based Bank of Ayudhya Pcl (Krungsri), received a $50 million loan from Japan International Cooperation Agency (Jica) to expand its operations and support micro-, small- and medium-sized enterprises (MSMEs) in rural areas. ...
May Kunmakara
https://www.phnompenhpost.com/business/jica-loans-50m-hkl-aid-rural-msmes
Cambodia and Japan: $2.3 billion record trade in 2019
Cambodia and Japan’s bilateral trade rose by 13 percent last year to $2,292 million, according to a recent report from the Japan External Trade Organisation (JETRO). ...
Chea Vannak
https://www.khmertimeskh.com/50709857/cambodia-and-japan-2-3-billion-record-trade-in-2019/
Extra $120 mln in capital for ABA Bank
National Bank of Canada has injected an additional capital investment of $120 million to support the further growth of Cambodia-based ABA Bank. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50709858/extra-120-mln-in-capital-for-aba-bank/
New GDP prediction is not optimistic
The Asian Development Bank (ADB) has predicted that the real economic growth of Cambodia will reach 2.3 percent this year and will be around 5.7 percent in 2021, according to the newly released report on ADB’s flagship annual economic publication titled, Asian Development Outlook 2020. ...
Sok Chan
https://www.khmertimeskh.com/50709859/new-gdp-prediction-is-not-optimistic/
Mandatory quarantine to be enforced for all entering Cambodia
All people entering Cambodia, either by air or by land, including migrant workers are to be quarantined in designated quarantine areas to avoid the possibility of these people from contracting or spreading the deadly COVID-19 to others. ...
All pagodas ordered to cancel KNY celebrations
Cambodia Monk Committee has asked all pagodas across the country to cancel the Khmer New Year celebrations in a bid to contain the coronavirus pandemic. ...
Sen David
https://www.khmertimeskh.com/50710991/all-pagodas-ordered-to-cancel-kny-celebrations/
Conservationist receives $20K grant for wildlife and land preservation efforts
The Ministry of Environment last week granted $20,000 to American conservationist Ben Davis to aid in his efforts to protect and preserve natural resources in Preah Vihear province’s Phnom Thnout-Phnom Pok Wildlife Sanctuary. ...
Pech Sotheary
https://www.khmertimeskh.com/50709974/conservationist-receives-20k-grant-for-wildlife-and-land-preservation-efforts/
COVID-19, no new cases in Cambodia for three days straight, amid optimism, caution urged
Optimism continued to climb in Cambodia in its fight against COVID-19 as no new cases were reported for the third consecutive day. ...
Khmer Times Staff
https://www.khmertimeskh.com/50710246/covid-19-no-new-cases-in-cambodia-for-three-days-straight-amid-optimism-caution-urged/
UNESCO highlights education contribution amid school closures
UNESCO yesterday highlighted its role in supporting education initiatives in the Kingdom amid school closures caused by the COVID-19 global outbreak. ...
Sen David
https://www.khmertimeskh.com/50710021/710021/