The Phnom Penh Post

Small and Medium Enterprise Bank of Cambodia (SME Bank), the Kingdom’s newest bank with initial capital of $100 million to provide financing for small and medium-sized enterprises (SMEs), was officially launched on Saturday. ...

The World Bank has approved $20 million for Cambodia’s Covid-19 response and its strategic plan to combat the virus. ...

Representatives of some 3,000 families from Russey Srok commune in Prey Veng province’s Peam Chor district have accused local authorities of abusing their power by selling water pumped from three state canals to villagers. ...

The Ministry of Economy and Finance has created an adhoc working group to manage social support mechanisms to help impoverished people and marginalised groups during the fight against Covid-19. ...

Many wildlife animals living in the Phnom Tamao National Park and Wildlife Rescue Center is facing the shortage of water during this dry season, yet the officials have fetched water from other places to supply the thirsty animals, according to the Forestry Administration. ...

The Council for the Development of Cambodia (CDC) on Wednesday approved seven investment projects worth $174.1 million and expected to generate 3,328 jobs, it said in a press release. ...

Newly-appointed Minister of Justice Koeut Rith has vowed to continue implementing policy reforms to improve the quality of the judicial system and build public confidence. ...

The Deputy Prime Minister in charge of the Office of the Council of Ministers, Hing Thorasky, has issued a report ordering ministers and three provincial governors to check for irregularities among lower-level officers who have illegally seized public land. ...

Environmental watchdog ACNCIPO director Chea Hean has requested the service of Kampong Speu provincial officials to help close logging roads in the Phnom Oral Wildlife Sanctuary and the Central and Southern Cardamom National Parks. ...

The government is evaluating the current economic situation and monitoring the impact of the ongoing Covid-19 pandemic to determine whether to adjust its six per cent projection for economic growth this year, Ministry of Economy and Finance spokesman Meas Sok Sensan said on Wednesday. ...

The value of Cambodian real estate has not shown signs of decline in recent weeks, despite the Covid-19 pandemic bringing market activity to a virtual standstill, industry insiders said on Wednesday. ...

Forest activists claimed they had observed more cases of deforestation in the Prey Lang area than before the Covid-19 outbreak. They alleged that three companies had sent workers to log and transport timber with no crackdown by the relevant authorities. ...

Cambodia’s two key listed autonomous ports reported strong business performance last year before the ongoing Covid-19 pandemic which is currently ravaging the transport sector. ...

The government has issued a three-month minimum tax exemption for the aviation sector and an exemption on all types of monthly taxes for tourism operators, it said in a press release on Tuesday. ...

Forest rangers from the Battambang provincial Department of Environment have stepped up patrols in light of the increase in wildlife crimes.​ ...

The Korea International Cooperation Agency (Koica) will provide $10 million to the Ministry of Education to implement a five-year Home Grown School Feeding project, which will benefit approximately 65,000 students and about 750 farming families. ...

A team of officials at the Kampong Thom provincial Forestry Administration have begun studying the ecotourism potential at the Prey Kbal Bei Community Forest in Ti Pou commune’s Kbal Bei village in Santuk district. ...

The government will disburse between $500 and $600 million in low-interest loans to financial institutions to enable them to provide loans to businesses at lower interest rates. ...

Cambodia exported 72,182 tonnes of fresh yellow bananas to international markets during the first three months of this year, a Ministry of Agriculture, Forestry and Fisheries report said.​ Most of the bananas were exported to China, with the rest being shipped to Vietnam and Japan. ...

Malaysian-based electrical power technology company Pestech International Bhd inked a contract to construct the $7.34 million 230/11kV Okvau Transmission Substation, leading Malaysian business publisher The Edge Media Group Pte Ltd reported on Thursday. ...

Prime Minister Hun Sen has responded to US Congressman Ted Yoho, saying he is ready to improve Cambodia-US relations, and not take up issues of disagreements which have become a barrier between the two countries’ bilateral cooperation. ...

This morning, Prime Minister Hun Sen announced the closure of the casino, which will be implemented from April 1. He also announced that a meeting will be held on Tuesday to review the law that put the country in emergency state. ...

The Ministry of Health has ramped up its preparation to stem the spread of the deadly Covid-19 disease in the Kingdom thanks to help from the Jack Ma and Alibaba foundations which donated 20,000 test kits to the Kingdom. ...

UNICEF has scaled up support in 145 countries, including Cambodia, to help children continue their studies after school closures around the world due to Covid-19. ...