The Phnom Penh Post

NBC: 4% economic growth in 2021

The National Bank of Cambodia (NBC) on December 31 forecast that the Kingdom’s economic growth will return to four percent growth this year if Covid-19 vaccines can successfully curtail the spread in the first half. The central bank’s forecast published in its Macroeconomic and Banking ...

May Kunmakara
https://www.phnompenhpost.com/business/nbc-4-economic-growth-2021

An outlook into 2021 economy

Cambodia’s economy will contract two per cent in 2020 before swiftly recovering to four per cent growth this year, the World Bank projects, citing effective government measures that respond to the specific needs of the most affected sectors – including tourism, garments and textiles, and ...

May Kunmakara
https://www.phnompenhpost.com/business/outlook-2021-economy

Crab banks buoy marine fisheries yields

Provincial fisheries officials have said the development of crab banks in community fisheries has gradually boosted marine crab output. Crab banks are where pregnant crabs are stored until their attached eggs hatch. Members of fisheries communities who catch pregnant crabs are obliged to sell them ...

Thou Vireak
https://www.phnompenhpost.com/business/crab-banks-buoy-marine-fisheries-yields

Ministry to spend $500M on 5-year vocational master plan

Ministry of Labour and Vocational Training will spend nearly $500 million to accomplish a five-year master plan in improving Technical and Vocational Education and Training (2021-2025) by focusing on four strategies. ...

Niem Chheng
https://www.phnompenhpost.com/national/ministry-spend-500m-5-year-vocational-master-plan

Ministries to establish more medical facilities in Kingdom

The ministries of Health and Interior have plans in the works to establish nearly 30 new medical facilities in underserved provinces, including health centres, health posts and referral hospitals. ...

Long Kimmarita
https://www.phnompenhpost.com/national/ministries-establish-more-medical-facilities-kingdom

Private clinics ordered to follow prescription rule

The Ministry of Health has again reminded all private health service providers to issue computer-printed prescriptions and results from laboratories after finding that some clinics still give patients handwritten paperwork which is not in accordance with medical regulations. ...

Mom Kunthear
https://www.phnompenhpost.com/national/private-clinics-ordered-follow-prescription-rule

Lake filling in capital draws CSOs concern

Civil society organisations (CSOs) working on the environment and human rights have expressed concern about filling parts of Boeung Tamok Lake to create new parcels of land on the outskirts of Phnom Penh. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/lake-filling-capital-draws-csos-concern

Minister: Transparency vital in identifying poor households

Minister of Interior Sar Kheng has instructed all municipal and provincial governors to improve the process of identifying poor households qualified for financial support from the government’s cash handout programme.​ The move came after Minister of Planning Chhay Than urged local authorities not to collude with ...

Niem Chheng
https://www.phnompenhpost.com/national/minister-transparency-vital-identifying-poor-households

Banteay Meanchey eyes mountains as potential natural heritage areas

Banteay Meanchey Provincial authorities are studying nine mountains in Malai, Preah Netr Preah, and Mongkol Borei districts, including Sisophon town, with the intention of listing them as natural heritage sites once the study is complete and a number of details have been settled. ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/banteay-meanchey-eyes-mountains-potential-natural-heritage-areas

PM: Nov 28 event concluded

Prime Minister Hun Sen officially declared that the “November 28 community incident” – a reference to the first confirmed case of Covid-19 local transmission – was now over as the situation had been brought under control. Hun Sen made the announcement as he addressed the ...

Mom Kunthear
https://www.phnompenhpost.com/national/pm-nov-28-event-concluded

Agro sector adopting digital tech

At least 92 per cent of the Kingdom’s agricultural input suppliers use digital payments in their businesses while 45 per cent use e-commerce, a new study found. The research, entitled “Digital Challenges and Opportunities of Agricultural Input Suppliers in Cambodia”, was compiled by the Centre ...

Thou Vireak
https://www.phnompenhpost.com/business/agro-sector-adopting-digital-tech

TV goes digital by 2023, paving way for 5G

The government on December 28 held an inter-ministerial meeting to discuss setting up a digital television platform as part of the Kingdom’s shift away from analogue. Held at the Ministry of Economy and Finance, the meeting discussed the would-be platform operator’s models of management and ...

Hin Pisei
https://www.phnompenhpost.com/business/tv-goes-digital-2023-paving-way-5g

Forestry crimes on the rise

The Ministry of Environment on December 28 issued a report detailing crackdowns on illegal activities in protected natural areas and biodiversity conservation corridors. ...

Voun Dara
https://www.phnompenhpost.com/national/forestry-crimes-rise

Labour Law amendments sent to Cabinet

The committee on Economic and Financial Policy has reviewed proposed amendments to the Labour Law and forwarded them to the Council of Ministers for approval.   ...

Niem Chheng
https://www.phnompenhpost.com/national/labour-law-amendments-sent-cabinet

Tourism recovery roadmap drafted

The Ministry of Tourism has drafted a strategy to serve as its roadmap to rehabilitate and promote the tourism industry during and after the Covid-19 crisis. A meeting between the National Tourism Development Committee and relevant stakeholders on December 24 agreed to divide the 2020-2025 ...

Hin Pisei
https://www.phnompenhpost.com/business/tourism-recovery-roadmap-drafted

Cambodia adopts ASEAN service for customs clearance

Cambodian importers and exporters can now apply for ASEAN Customs Declaration Documents (ACDD) electronically through the ASEAN Single Window (ASW), the General Department of Customs and Excise of Cambodia (GDCE) said on December 24. ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-adopts-asean-service-customs-clearance

400MW fuel oil power plant in east Kandal all set to go online

A $380 million 400MW heavy fuel oil power facility in Kandal province’s eastern Lvea Em district has been completed, and on reserve to generate electricity when demand reaches a high enough level, according to a senior official at the Ministry of Mines and Energy. ...

Thou Vireak
https://www.phnompenhpost.com/business/400mw-fuel-oil-power-plant-east-kandal-all-set-go-online

Senate president calls for Korean investment

Cambodian Senate president Say Chhum called for increased South Korean investment and tourism in the Kingdom as bilateral ties between the two countries have gradually strengthened. ...

May Kunmakara
https://www.phnompenhpost.com/business/senate-president-calls-korean-investment

Ministry works on plan to win in trade

Ministry of Commerce officials are combing over a list of nine products, commodities, services and incentives to develop a trade strategy that maximises the benefits of the newly-inked free trade agreement (FTA) with China. ...

Hin Pisei
https://www.phnompenhpost.com/business/ministry-works-plan-win-trade

HAGL denies Ratanakkiri land clearing

Five civil society organisations urged the government to take action against Hoang Anh Gia Lai (HAGL), a Vietnamese agribusiness firm, for alleged land clearing activities on areas allocated to indigenous communities in Ratanakkiri province’s Andong Meas district. ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/hagl-denies-ratanakkiri-land-clearing

Sar Kheng urged to look into NSSF graft claims

Around 200 people, including medical staff, officials and locals from Prey Veng province’s Preah Sdech district, have submitted their petition to Minister of Interior Sar Kheng requesting legal action against Operational Health District of Preah Sdach director You Sy Le for allegedly embezzling National Social ...

Long Kimmarita
https://www.phnompenhpost.com/national/sar-kheng-urged-look-nssf-graft-claims

Top six agro-industrial crops net Kingdom $2.32B in 2020

Cambodia exported 8.55 million tonnes of its six most profitable agro-industrial crops, through formal and informal channels, worth more than $2.32 billion this year as of December 15, according to Minister of Agriculture, Forestry and Fisheries Veng Sakhon. ...

Thou Vireak
https://www.phnompenhpost.com/business/top-six-agro-industrial-crops-net-kingdom-232b-2020

Two firms get priority rights to mines

The Ministry of Mines and Energy has given the nod to two companies to continue their exploration licence approval processes for some 207sq km of gold-polymetallic mining areas in Tbong Khmum and Ratanakkiri provinces. The areas are 107.10sq km in the Memot area in Tbong ...

Hin Pisei
https://www.phnompenhpost.com/business/two-firms-get-priority-rights-mines

NEC’s voter list decision upheld

The Constitutional Council of Cambodia (CCC) has upheld the decision by the National Election Committee (NEC) in relation to complaints about names deleted from the voter registration list, filed by the League for Democracy Party (LDP). ...

Nov Sivutha
https://www.phnompenhpost.com/national-politics/necs-voter-list-decision-upheld

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