Government
Rubber exports are up but prices still remain elastic
Cambodia exported 179,621 tonnes of rubber in the first nine months of 2020, a jump of 3.78 per cent from the same period last year, according to data from the Ministry of Agriculture, Forestry and Fisheries. ...
Thou Vireak
https://www.phnompenhpost.com/business/rubber-exports-are-prices-still-remain-elastic
NBC: Informal lenders shouldn’t tarnish all industry
The National Bank of Cambodia (NBC) has made it clear that the whole microfinance industry should not be held accountable for some of the unregulated microloans that are pushing people deeper into debt. ...
Jason Boken
https://www.khmertimeskh.com/50771437/nbc-informal-lenders-shouldnt-tarnish-all-industry/
Authorities Steer Clear of Prosecuting Senator, Generals in Mondulkiri Land Grab
A Cambodian People’s Party Senator, military generals, local officials, and commune chiefs have gotten off with only a rap on the knuckles after being involved in an attempted land grab in the northeastern province of Mondulkiri. ...
Aun Chhengpor
https://www.voacambodia.com/a/authorities-steer-clear-of-prosecuting-senator-generals-in-mondulkiri-land-grab/5615101.html
MAFF being short changed by ELC holders, revenue loss significant
The Ministry of Agriculture, Forestry and Fisheries (MAFF) has claimed that it is revising the economic land concession (ELC) laws to ensure that the land is being used properly to benefit the country’s economy. ...
Sorn Sarath
https://www.khmertimeskh.com/50771557/maff-being-short-changed-by-elc-holders-revenue-loss-significant/
Civil servants won’t see pay raises next year due to Covid
Prime Minister Hun Sen announced that due to uncertain economic conditions, the government will suspend salary increases for civil servants and the armed forces next year. ...
Voun Dara
https://www.phnompenhpost.com/national/civil-servants-wont-see-pay-raises-next-year-due-covid
After human drain from Sihanoukville, casinos follow suit
Sihanoukville is set to lose yet another casino as Century Entertainment International Holdings, formerly known as Amax International Holdings Limited, will relocate its gaming floor from Sihanoukville to the up and coming tourist spot of Dara Sakor in Koh Kong province. ...
Jason Boken
https://www.khmertimeskh.com/50770745/after-human-drain-from-sihanoukville-casinos-follow-suit/
Senator Ly Yong Phat’s Family Given Preah Sihanouk State Land for Tourism Development
The Cambodian government has granted a 600-hectare concession to the family of notorious tycoon Ly Yong Phat, whose sugarcane concessions have been at the center of human rights violations. ...
Sure-bet legislation: NA approves draft law on managing commercial gambling to boost economy
The National Assembly yesterday adopted the draft law on commercial gambling management to create more jobs and boost the economy. The draft law was adopted after it secured 114 votes out of the 117 parliamentarians present during the 5th session of the 6th National Assembly ...
Government insists GDP contraction for 2020 will not be more than -1.9 percent
The Royal Government will stand by its forecast that the economy will not contract by more than -1.9 percent this year. In addition, it has forecasted that positive growth will return in 2021 with an estimated 3.5 percent. ...
NBC yet to issue ‘small banknote fee’
The National Bank of Cambodia (NBC) is continuing to accept small denomination US banknotes ($1, $2 and $5) “free of charge” from financial institutions, despite the August 31 deadline it had set out in May. ...
Harrison White and Sok Chan
https://www.khmertimeskh.com/50770277/nbc-yet-to-issue-small-banknote-fee/
Navy rejects US concern over upgrade of Ream base
The Royal Cambodian Navy yesterday brushed aside a concern raised by the United States Department of Defense which alleged that the Kingdom may be hosting China military assets and personnel at Ream Naval Base after Cambodia demolished a US-built facility at the naval base in ...
Ben Sokhean
https://www.khmertimeskh.com/50769633/navy-rejects-us-concern-over-upgrade-of-ream-base/
Cambodia seeks more Thai investments
Foreign Affairs Minister Prak Sokhonn has asked Thailand to help push for more Thai investments in Cambodia saying such investments in the Kingdom have nearly tripled from January to August this year compared to the same period last year. ...
Ry Sochan
https://www.khmertimeskh.com/50769628/cambodia-seeks-more-thai-investments/
Government looks at easing investment procedures
The Cambodian government is working hard at becoming more flexible to attract foreign investments and boost external trade to keep pace with the ever changing global trading environment. ...
Sorn Sarath
https://www.khmertimeskh.com/50770066/government-looks-at-easing-investment-procedures/
NEC bans voter registration interference
The National Election Committee (NEC) issued a statement on Saturday warning of punishment against those who express offensive comments which affect voter registration. ...
Ry Sochan
https://www.khmertimeskh.com/50769632/nec-bans-voter-registration-interference/
Sweden supports Cambodia environmental awareness, gender equality
Supported by Embassy of Sweden in Phnom Penh and UNDP, the Ministry of Environment and National Council for Sustainable Development have produced educational materials on the environment for Cambodian students. Educating students on single-use plastic reduction and other environmental practices will contribute to a more ...
Khmer Times Staff
https://www.khmertimeskh.com/50769430/sweden-supports-cambodia-environmental-awareness-gender-equality/
Government to draft policy to boost pepper value
The government is now drafting a policy on pepper with the intention of scaling up a competitive advantage, attract investors and boost added-value to Cambodian pepper production, according to a senior official at the Ministry of Commerce. ...
Sok Chan
https://www.khmertimeskh.com/50768753/government-to-draft-policy-to-boost-pepper-value/
Six million tonnes of agricultural products exported in first nine months
Cambodia exported a total of 5.8 million tonnes of agricultural products to foreign markets during the first nine months of this year, despite the global COVID-19 crisis. ...
Phal Sophanith/AKP
https://www.khmertimeskh.com/50769105/six-million-tonnes-of-agricultural-products-exported-in-first-nine-months/
Koh Kong police break up protest, arrest four
Koh Kong police dispersed a protest in front of the provincial hall around 2am on Tuesday, removing tents and arresting four protestors. The protesters set up tents in front of the provincial hall on Monday in an effort to accelerate a solution. ...
Khorn Savi
https://www.phnompenhpost.com/national/koh-kong-police-break-protest-arrest-four
Youth, monks on Prey Lang visit
The US Agency for International Development (USAID) and the Ministry of Environment led monks and youth to inspect the work of rangers protecting Prey Lang in Kampong Thom province on Monday and Tuesday. ...
Voun Dara
https://www.phnompenhpost.com/national/youth-monks-prey-lang-visit
Sustainable goals target pushed back
The Cambodian Prime Minister has suggested that the deadline of 2030 to achieve the goals of sustainable development (SDGs) might need to be reset because the progress of the agenda has been affected by the outbreak of the COVID-19 pandemic. ...
Sorn Sararth
https://www.khmertimeskh.com/50768526/sustainable-goals-target-pushed-back/
NBC makes argument for more use of riels
National Bank of Cambodia Governor Chea Chanto said Cambodia needs a strong national currency to strengthen its economic and financial resilience to underlying crises, as well as to support sustainable and inclusive socio-economic growth and development. ...
Sok Chan
https://www.khmertimeskh.com/50767469/nbc-makes-argument-for-more-use-of-riels/
New milestone for financial technology
Techo Startup Centre (TSC), under the Ministry of Economy and Finance and the association of banks in Cambodia, yesterday signed a memorandum of understanding (MoU) on cooperation to promote financial technology systems in Cambodia. ...
Sok Chan
https://www.khmertimeskh.com/50767710/new-milestone-for-financial-technology/
Demining official asks China for more support
Senior demining official Ly Thuch asked the Chinese Ambassador yesterday to provide more support in order to reach the goal of making Cambodia mine-free by 2025. ...
Sen David
https://www.khmertimeskh.com/50767426/demining-official-asks-china-for-more-support/
KOICA provides $8.5 million for health sectors in Cambodia
The Korea International Cooperation Agency (KOICA) has launched a new project with $8.5 million in funding to strengthen the health systems by preventing, detecting, and responding to infectious diseases in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/50766840/koica-provides-8-5-million-for-health-sectors-in-cambodia/