Khmer Times

A $ 2.3 million cardboard factory project brings January 2021 investments to $24.5 million

The Council for the Development of Cambodia (CDC) has approved a $2.3 million cardboard factory project to be built in Khan Kambol of Phnom Penh. The CDC shared the update in a press release yesterday, adding that the project will create 214 jobs for the ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50806645/a-2-3-million-cardboard-factory-project-brings-january-2021-investments-to-24-5-million/

EU and Khmer Enterprise fund partnership for clean energy innovation in the agri-fishery sector

Khmer Enterprise, a unit under the Ministry of Economy and Finance (MEF) and EnergyLab, Cambodia’s only energy start-up incubator, have inked a partnership agreement to support clean energy start-ups in the agriculture, fishery, and aquaculture sectors in Cambodia with funds from the European Union. ...

Sok Chan
https://www.khmertimeskh.com/50806857/eu-and-khmer-enterprise-fund-partnership-for-clean-energy-innovation-in-the-agri-fishery-sector/

CSX webcast targets small, medium firms

Fresh off the largest initial public offering in its history, the Cambodia Securities Exchange (CSX) is courting small and medium enterprises (SMEs) to list on its main board. ...

Husain Haider
https://www.khmertimeskh.com/50807111/csx-webcast-targets-small-medium-firms/

South Korea passes bill to ratify tax deal

The South Korean Assembly has passed a bill to ratify a double tax agreement (DTA) with Cambodia. Double Taxation Agreements (DTAs) are treaties between two or more countries to avoid international double taxation of income and property. ...

Jason Boken
https://www.khmertimeskh.com/50807137/south-korea-passes-bill-to-ratify-tax-deal/

Locals struck by travel bug sustain tourism industry

Camboticket entered the market in 2014 and soon found its niche among foreign travellers. However, it is currently sustaining daily operations because of locals adopting the bus ticket-booking platform. ...

Husain Haider
https://www.khmertimeskh.com/50807109/locals-struck-by-travel-bug-sustain-tourism-industry/

Thai-Cambodia 2020 bilateral trade below goal by 50 percent

Bilateral trade between Cambodia and Thailand for 2020 reached only half of the $15 billion target set by the two governments in 2015.  Those targets had set a goal of tripling two-way trade. Two-way trade between the two nations was valued at $7.236 billion last ...

Chea Vanyuth
https://www.khmertimeskh.com/50807076/thai-cambodia-2020-bilateral-trade-below-goal-by-50-percent/

Payments balance up Kingdom sees a 1.7 percent surplus in 2020

The Kingdom’s balance of payments (BOP) saw a 1.7 percent surplus compared with its gross domestic product (GDP) in 2020 with growth supported by the in-flow of foreign direct investments and exports, according to a report from the National Bank of Cambodia (NBC). ...

Sok Chan
https://www.khmertimeskh.com/50807074/payments-balance-up-kingdom-sees-a-1-7-percent-surplus-in-2020/

Coastal communities to adapt for climate change

Funded by the Global Environmental Facility’s Least-Developed Country Fund (LDCF), the project will help coastal fishing communities and protected areas in Cambodia’s main four coastal provinces – Kampot, Kep, Koh Kong and Preah Sihanouk  improve their livelihoods by increasing adaptive capabilities regarding climate change while ...

Jason Boken
https://www.khmertimeskh.com/50807075/coastal-communities-to-adapt-for-climate-change/

Journalists barred from filming or recording police investigations

Effective from now, journalists are barred from filming or recording criminal cases that are still under investigation by police.​ The directive was issued on Friday by the General Commissariat of National Police to municipal and provincial police that journalists are prohibited from filming or recording ...

Buth Reaksmey Kongkea
https://www.khmertimeskh.com/50806487/journalists-barred-from-filming-or-recording-police-investigations/

Surprise inspections on banned fish imports to start

The Ministry of Agriculture has unveiled a plan to make surprise crackdowns on illegal imports of fish varieties recently listed in a temporary ban to protect the local fish industry. The categories include catfish, giant snakehead fish and other fish that can be farmed locally. ...

Chea Vanyuth
https://www.khmertimeskh.com/50806570/surprise-inspections-on-banned-fish-imports-to-start/

MoU signed to apply latest technology for disaster risk management

The Ministry of National Defence has entered a memorandum of understanding with Sensoro Cambodia Technology Co., Ltd to utilise latest technology to monitor and mitigate disaster risks, particularly fire. ...

Khmer Times Staff
https://www.khmertimeskh.com/50806652/mou-signed-to-apply-latest-technology-for-disaster-risk-management/

Cambodian conservationists monitoring grey-headed fish eagles

Conservationists have been monitoring the presence of Grey-headed Fish Eagles at their habitat, according to BirdLife International Cambodia Programme. “The Grey-headed Fish Eagle are suffering from habitat destruction and overfishing. In Lomphat wildlife sanctuary, our monitoring team usually recorded its presence and nesting near big ...

Khmer Times Staff
https://www.khmertimeskh.com/50806073/cambodian-conservationists-monitoring-grey-headed-fish-eagles/

Cambodia and South Korea trade valued at $884 million

The bilateral trade between Cambodia and South Korea was valued at $884 million as of December 2020, a year-on-year decrease of 14 percent. Figures from the Korean International Trade Association showed that from January to December 2020, Cambodia exported $317 million of products to South ...

Chea Vanyuth
https://www.khmertimeskh.com/50804885/cambodia-and-south-korea-trade-valued-at-884-million/

Cambodian Sarus Crane’s number declining

By the morning of Jan. 18, 2021, a total of 59 sarus crane arrived Anlung Pring Protected Landscape in Kampong Trach, Kampot, according to BirdLife International Cambodia Programme. ...

Khmer Times Staff
https://www.khmertimeskh.com/50804806/cambodian-sarus-cranes-number-declining/

Conservation and tourism plans for protected park in Preah Vihear

The Royal Academy of Cambodia (RAC) is preparing Preah Vihear’s Techo Sen Russey Trep Park for domestic and international tourism and expects to open within three years. ...

Buth Sela
https://www.khmertimeskh.com/50804751/conservation-and-tourism-plans-for-protected-park-in-preah-vihear/

Japan to provide more than $200,000 worth of fire engines

The Japanese government has agreed to provide $227,736 worth of second-hand fire engines to Phnom Penh Administration to help improve Cambodia’s firefighting capability. ...

Sen David
https://www.khmertimeskh.com/50804743/japan-to-provide-more-than-200000-worth-of-fire-engines/

43 schools in three provinces used as quarantine centres

The studies of more than 30,000 students have been affected by their schools being taken as quarantine centres for Cambodian migrant workers returning from Thailand, especially now with the numbers increasing every day. ...

Tith Kongnov
http://khmertimeskh.com/50804673/43-schools-in-three-provinces-used-as-quarantine-centres/

Fishermen worried for their future as lake getting filled

For nearly 40 years, Ing Choeun, a 63-year-old fisherman in Prek Pnov district’s Samraong commune north of Phnom Penh has relied on fishing at Tamouk Lake to make a living and to feed his family. ​ ...

Moeun Chhean Nariddh
https://www.khmertimeskh.com/50804750/fishermen-worried-for-their-future-as-lake-getting-filled/

Domestic vanilla planting taking root

Agriculture brought the Kingdom $4.037 billion in exports alone during 2020. Products grown included cassava, mangoes, bananas and peppers among many other agro-products. However, farmers are now branching out to less common but more profitable crops – and vanilla is among them. ...

Jason Boken
https://www.khmertimeskh.com/50804869/domestic-vanilla-planting-taking-root/

Ministry studies how best to boost exports under China deal

At its Friday meeting on the study and formulation on the good use of trade agreements in promoting exports, the Ministry of Commerce announced research is currently under way on products to be imported and exported under the Cambodia China Free Trade Agreement (CC-FTA). One ...

Jason Boken
https://www.khmertimeskh.com/50804912/ministry-studies-how-best-to-boost-exports-under-china-deal/

Recovery to be driven by three principles

A senior official at the Ministry of Economy and Finance said the government’s driving principles to restore the economy post-COVID-19 from 2021-2023 will be strategic approaches towards survival, reform and resilience. ...

Sok Chan
https://www.khmertimeskh.com/50804674/recovery-to-be-driven-by-three-principles/

A $7.8 million garment factory project approved by CDC

Council for the Development of Cambodia (CDC) has approved a new investment project with a total capital of $7.8 million in Takeo province. According to the CDC’s press release issued this afternoon, invested by HC Global Textile Co., Ltd., the newly approved project is expected ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50804809/a-7-8-million-garment-factory-project-approved-by-cdc/

Cambodia to get 1 million doses of Chinese COVID-19 vaccines, enhancing ironclad ties with China

Cambodian Prime Minister Hun Sen announced Friday via a Facebook voice message that the Chinese government has provided 1 million doses of COVID19 vaccines to the Royal Government of Cambodia to vaccinate 500,000 people. ...

Khmer Times Staff
https://www.khmertimeskh.com/50804187/cambodia-to-get-1-million-doses-of-chinese-covid-19-vaccines-enhancing-ironclad-ties-with-china/

Social land concession for families of veterans in Pursat province

Pursat provincial authorities have allocated land to be provided to 628 veterans’ families as a social concession. ...

Buth Sela
https://www.khmertimeskh.com/50804408/social-land-concession-for-families-of-veterans-in-pursat-province/

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