Khmer Times
Next year’s minimum wage set at $190
The National Council on Minimum Wage has set the 2021 minimum wage at $190 per month for workers in the textile, garment, and footwear industries, according to the Ministry of Labour. ...
Dina Huon
https://www.khmertimeskh.com/50762874/next-years-minimum-wage-set-at-190/
Kantha Bopha Foundation sees decrease in donations
The Kantha Bopha Foundation has reported a 20 percent decrease in donations within the first eight months of this year, compared to 2019. ...
Sok Srey Lux
https://www.khmertimeskh.com/50762935/kantha-bopha-foundation-sees-decrease-in-donations/
Trials and tribulations of entrepreneurship
A lot of young Cambodian adults now want to operate their own business rather than working for others. This trend has been rising year-on-year because they think working for themselves would help them become rich rapidly. ...
Sok Chan
https://www.khmertimeskh.com/50763049/trials-and-tribulations-of-entrepreneurship/
Phase 4 pipeline installation ready for flood protection
The underground installation of the interceptor pipeline system has been completed for the Phnom Penh Flood Protection and Drainage Improvement Project Phase 4. Meanwhile, the rest of the construction is on track and expected to be fully complete by 2021, according to Japan International Cooperation ...
Jason Boken
https://www.khmertimeskh.com/50763050/phase-4-pipeline-installation-ready-for-flood-protection/
Cambodia gets $127.8 million ADB loan to help expand power grid
The Asian Development Bank has approved a $127.8 million loan to support the construction of transmission lines and substations to help provide Phnom Penh and three other Cambodian provinces with stable and reliable electricity supply. ...
Khmer Times Staff
https://www.khmertimeskh.com/50763156/cambodia-gets-127-8-million-adb-loan-to-help-expand-power-grid/
Foreign investors complain about the Kingdom’s business strictures
Foreign investors have asked the Cambodia government to reduce the cost of a certificate of origin (CO), which is currently far more expensive than other countries in ASEAN. ...
Sorn Sarath
https://www.khmertimeskh.com/50762873/foreign-investors-complain-about-the-kingdoms-business-strictures/
Germany pledges to support SME sector
The German government has pledged to support Cambodia’s small and medium enterprise (SME) sector to be more competitive, focusing on the agro-industry and food processing. ...
Sorn Sarath
https://www.khmertimeskh.com/50762872/germany-pledges-to-support-sme-sector/
Cashew nut prices in decline
Cambodia’s cashew nut prices slightly dropped because of border closures caused by the COVID-19 pandemic, although some goods are being let through. ...
Kuch Nithatevy
https://www.khmertimeskh.com/50762676/cashew-nut-prices-in-decline/
Business cluster to boost economy
The $30 million Worldbridge SME (small and medium enterprise) Cluster will break ground next month, according to a senior executive of Worldbridge Industrial Developments, the company behind the Industry 4.0 infrastructure. ...
Sok Chan
https://www.khmertimeskh.com/50762433/business-cluster-to-boost-economy/
Grim findings on wages after COVID-19 struck
A nationwide COVID-19 economic impact study has found that overall salaries across Cambodia have decreased by around 30 percent in just four months (between January and April this year) with entertainment and sex workers reporting an 85 percent decline in income. ...
Harrison White
https://www.khmertimeskh.com/50762432/grim-findings-on-wages-after-covid-19-struck/
Good news for clean-energy traffic
TADA, Cambodia’s fastest-growing ride-hailing app, plans to invest $20 million to produce electric tuktuks within the framework of clean energy development. ...
Jason Boken
https://www.khmertimeskh.com/50762627/good-news-for-clean-energy-traffic/
Fragrant rice market promising
The price of Cambodia’s premium fragrant rice export market is promising compared with Thailand and Vietnam’s, according to a rice exporter. ...
Sok Chan
https://www.khmertimeskh.com/50761985/fragrant-rice-market-promising/
Draft of Siem Reap Tourism Development Master Plan to be finalised next month
The draft of Siem Reap tourism development master plan for 2020-2035 will be finalised in October this year, and submitted to the Council of Ministers for approval. ...
Chea Vannak/AKP
https://www.khmertimeskh.com/50762205/draft-of-siem-reap-tourism-development-master-plan-to-be-finalised-next-month/
Book published on history of Kingdom’s microfinance industry
National Bank of Cambodia yesterday launched a book called “Building Inclusive Finance”. It traces the development of microfinance in Cambodia from its origins in rural development programmes in the early 1990s to the globalised industry it is today. The book was written by Ron Bevacqua, ...
Sok Chan
https://www.khmertimeskh.com/50762147/book-published-on-history-of-kingdoms-microfinance-industry/
Weekend market to be extended to other targeted provinces
The Weekend Market, one of the major activities of Accelerating Inclusive Markets for Smallholders (AIMS) project, will be extended to other targeted provinces and Phnom Penh capital in the near future, to promote local agro-commercial products. ...
Nika/AKP
https://www.khmertimeskh.com/50761683/weekend-market-to-be-extended-to-other-targeted-provinces/
Applications for mining rights open
The Ministry of Mines and Energy has opened applications for both national and international companies to apply for licensing rights in two mining concession areas. ...
Huon Dina
https://www.khmertimeskh.com/50762061/applications-for-mining-rights-open/
Government committee to assist journalists holds first meeting
Minister of Information, Khieu Kanharith, yesterday held the first meeting with government lawyers to examine issues that journalists face in Cambodia, following an announcement in February of a commitment to assist journalists facing litigation. ...
Sen David
https://www.khmertimeskh.com/50761986/government-committee-to-assist-journalists-holds-first-meeting/
Singapore Embassy celebrates 55 years of diplomatic ties with Cambodia
Singapore Ambassador Michael Tan and Deputy Prime Minister and Foreign Minister Prak Sokhonn yesterday commemorated 55 years of Singapore-Cambodia diplomatic relations with the unveiling of a special bilateral mural at the Singapore Embassy on Norodom Boulevard. ...
Marie Lamy
https://www.khmertimeskh.com/50762059/singapore-embassy-celebrates-55-years-of-diplomatic-ties-with-cambodia/
Cambodia to explore FTA with Japan
Cambodia is exploring the possibility of establishing a Free Trade Agreement with Japan. ...
Khmer Times Staff
https://www.khmertimeskh.com/50761289/cambodia-to-explore-fta-with-japan/
Schools across Cambodia reopen
Schools across Cambodia reopened for students yesterday, following the green light from the Ministry of Education after six months of closures to curb the spread of COVID-19. ...
Som Kanika
https://www.khmertimeskh.com/50761521/schools-across-cambodia-reopen/
Pagodas fail to take health measures to curb COVID-19
Some pagodas along with worshippers have failed to comply with health measures to stem the spread of COVID-19 during the Pchum Ben festival, according to the Health Ministry. ...
Khann Chan Virak
https://www.khmertimeskh.com/50761593/pagodas-fail-to-take-health-measures-to-curb-covid-19/
Unions propose $12.35 minimum wage increase
Unions’ workers will propose a new minimum wage for 2021 of $203.35 per month in the next National Council on Minimum Wage’s (NCMW) meeting. ...
Huon DIna
https://www.khmertimeskh.com/50761572/unions-propose-12-35-minimum-wage-increase/
PM releases $150 million for road infrastructure in Siem Reap
Prime Minister Hun Sen has announced a $150 million budget to build 38 roads in Siem Reap province that will improve people’s livelihoods and boost national economic growth after the COVID-19 ends. ...
Sorn Sarath
https://www.khmertimeskh.com/50760761/pm-releases-150-million-for-road-infrastructure-in-siem-reap/
Boost to tourism-related business
More than 30 percent of tourism-related businesses have resumed operations after closing or suspending work since March this year because of COVID-19, according to a senior official at the Ministry of Tourism. ...
Sok Chan
https://www.khmertimeskh.com/50760394/boost-to-tourism-related-business/