Khmer Times

US companies urged to invest in Cambodia

Cambodia last week asked the United States to increase investments in the Kingdom, claiming that working conditions here have improved dramatically in recent years. The appeal was made by Commerce Minister Pan Sorasak in a meeting on Friday with US Ambassador Patrick Murphy. Mr Sorasak ...

Rise in traffic accidents despite safety efforts

Interior Minister Sar Kheng yesterday said there were more than 3,400 traffic accidents in the Kingdom so far this year which killed 1,665 people and injured 5,212. Speaking at a World Day of Remembrance for Road Traffic Victims event on Koh Pich, Mr Kheng noted ...

Pech Sotheary
https://www.khmertimeskh.com/50663638/rise-in-traffic-accidents-despite-safety-efforts/

Extractive industry to become new economic driver – Ministry

The government last week said the extractive industry is on course to become a main economic pillar. Cambodia’s economic development is mostly driven by the construction, real estate, tourism, garments and agricultural sectors, but the government is working to diversify, with the extractive industry set ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50663802/extractive-industry-to-become-new-economic-driver-ministry/

Government encourages investment in sustainable timber plantations

The government yesterday asked companies to consider investing in timber plantations in the Kingdom that produce sustainable wood, arguing that these investments help protect the country’s natural resources.​ ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50663340/government-encourages-investment-in-sustainable-timber-plantations/

JICA concludes study on Takhmao city water plant

The feasibility study for a Japan-funded water treatment plant in Takhmao city was recently finished, with construction due to begin April next year, the agency in charge of the project revealed. The plant, to be built with a grant from the Japanese government, will produce ...

https://www.khmertimeskh.com/50662436/jica-concludes-study-on-takhmao-city-water-plant/

Sar Kheng says Kingdom is addressing European Union’s land dispute concerns

Interior Minister Sar Kheng yesterday said that the government has already made progress on one of the points listed in the European Commission’s preliminary report on whether the Kingdom should retain its Everything-but-arms trade status with the European Union. The government is currently reviewing the ...

Taing Vida
https://www.khmertimeskh.com/50662535/sar-kheng-says-kingdom-is-addressing-european-unions-land-dispute-concerns/

World Innovations Forum holds first meet-up in the Kingdom

Monday night saw the first foray of World Innovations Forum Foundation in Phnom Penh, gathering an eclectic group of local and international entrepreneurs as part of their Seeding Innovation 2020 programme – a bid to change the way international development is done. ...

Gerald Flynn
https://www.khmertimeskh.com/50661465/world-innovations-forum-holds-first-meet-up-in-the-kingdom/

NGOs note children’s rights achievements

The Joining Force Alliance, a coalition of six large organisations focusing on children’s rights, issued a report yesterday praising Cambodia’s achievements in defending children’s rights over the past three decades. ...

Sen David
https://www.khmertimeskh.com/50661318/ngos-note-childrens-rights-achievements/

Groups launch initiative to improve sanitation

The United States Agency for International Development, the Stone Family Foundation, and iDE Cambodia, supported by Social Finance, yesterday launched a $10 million initiative to develop market-based solutions for sanitation in six provinces. ...

Pech Sotheary
https://www.khmertimeskh.com/50661317/groups-launch-initiative-to-improve-sanitation/

Gold mining to begin next year: Ministry

Renaissance Minerals, a subsidiary of Australia-listed Emerald Resources, is expected to begin extracting gold in Cambodia’s Mondulkiri province next year, according to a high-ranking official at the Ministry of Mines and Energy. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50661319/gold-mining-to-begin-next-year-ministry/

World Bank report warns of need for diversification and skills development

The World Bank yesterday launched a new report highlighting the success of Cambodia’s economic development and issued comprehensive policy reform recommendations in order to sustain that growth.​ ...

Gerald Flynn
https://www.khmertimeskh.com/50661464/world-bank-report-warns-of-need-for-diversification-and-skills-development/

MRC warns of drought from now until January

The Mekong River Commission yesterday warned that severe to extreme drought is expected to hit countries in the lower Mekong basin from now until January, putting crop production at risk and causing water shortages. An MRC preliminary analysis noted that Cambodia and Thailand will be ...

Pech Sotheary
https://www.khmertimeskh.com/50661331/mrc-warns-of-drought-from-now-until-january/

Hunan province group to invest $1.3 billion in Kingdom

A group of businessmen from China’s Hunan province will today sign agreements to invest $1.3 billion in the Kingdom. The commitment was made during a meeting between Foreign Affairs Minister Prak Sokhonn and Du Jiahao, a member of the CPC Central Committee and secretary of ...

Khy Sovuthy
https://www.khmertimeskh.com/50661005/hunan-province-group-to-invest-1-3-billion-in-kingdom/

Fiscal revenue to surpass 2019 target by $1 billion: Prime Minister

The prime minister, speaking at a graduation ceremony at the National Institute of Education, said income from customs and excise will surpass the target set for 2019 by $700 to $800 million.​ ...

Chea Vannak
https://www.khmertimeskh.com/50661039/fiscal-revenue-to-surpass-2019-target-by-1-billion-prime-minister/

Vendors call for better treatment

About 150 street vendors gathered in Phnom Penh yesterday to mark International Street Vendors Day and called on the authorities to treat them better. ...

Mom Kunthear
https://www.khmertimeskh.com/50660992/vendors-call-for-better-treatment/

SEA leaders create development strategy

Twenty – eight leaders from various business sectors in Southeast Asia came together last month to create a strategy to propel the Kingdom’s sustainable development with actionable and measurable targets.​ ...

Poovenraj Kanagaraj
https://www.khmertimeskh.com/50661055/sea-leaders-create-development-strategy/

Local startup earns spot in fintech ranking

Cambodia was this month recognised for the first time in the 2019 Fintech100 – a collaborative effort between H2 Ventures and KPMG that analyses the fintech space globally.​ ...

Gerald Flynn
https://www.khmertimeskh.com/50661022/local-startup-earns-spot-in-fintech-ranking/

Human trafficking arrests on the rise

The National Committee for Counter Trafficking cracked down on 131 human trafficking and sexual exploitation cases from January to last month, an increase of 22 cases over the same period last year. Chou Bun Eng, an Interior Ministry secretary of state and also NCCT vice ...

Pech Sotheary
https://www.khmertimeskh.com/50660947/human-trafficking-arrests-on-the-rise/

PM confident EBA outcome will not impact Kingdom

As the government reviews a European Commission preliminary report on whether Cambodia should retain its Everything-but-Arms preferential trade status, Prime Minister Hun Sen has said that the Kingdom has strong financial foundations to sustain itself with or without the EBA. “Someone said we will suffer ...

Ben Sokhean
https://www.khmertimeskh.com/50660990/pm-confident-eba-outcome-will-not-impact-kingdom/

SOA to build palm sugar factory with Korean firm

Local exporter Signatures of Asia and Korea-based B&G is Life are investing in a palm sugar processing factory in Kampong Speu province.​ In addition to the plant, the collaboration includes a warehouse, a solar dryer, and a blockchain-based traceability system, Pich Chan, SOA general manager, ...

Sok Chan
https://www.khmertimeskh.com/50661040/soa-to-build-palm-sugar-factory-with-korean-firm/

Entertainment and Investment expo slated for early next year

The third edition of the Asia Entertainment and Investment Expo, also known as AGE Cambodia 2020, will be held at Sokha Beach Resort in Sihanoukville on March 26 and 27, according to the official website for the event.​ ...

Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50661036/entertainment-and-investment-expo-slated-for-early-next-year/

Sihanoukville to welcome four new industrial parks

The coastal province of Preah Sihanouk will soon be home to four more special economic zones, bringing the total number of industrial parks there to nine, the prime minister said Saturday. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50661037/sihanoukville-to-welcome-four-new-industrial-parks/

Gold-in-soil anomaly test in Mondulkiri yields positive results

A drill programme aimed at testing the gold-in-soil anomalies at the Koan Nheak license in Mondulkiri province has yielded positive results, increasing the likelihood that the area has substantial gold deposits. ...

Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50660695/gold-in-soil-anomaly-test-in-mondulkiri-yields-positive-results/

Kampong Cham riverbank collapse affects commune administration hall

Around 50 metres of riverbank on Saturday collapsed in Kampong Cham province’s Kampong Cham city and has affected a commune administration hall building. Provincial Governor Un Chanda, who inspected the collapse site in Veal Vong commune, on Saturday said he had ordered officials to tackle ...

Sen David
https://www.khmertimeskh.com/50660666/kampong-cham-riverbank-collapse-affects-commune-administration-hall/

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