News
Natural resources crime on the rise
Natural Resources crime in Cambodia is on the rise by 34.42 percent as compared with last year, the Ministry of Environment said today. ...
Tith Kongnov
https://www.khmertimeskh.com/50799245/natural-resources-crime-on-the-rise/
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
Marvel Garment Co expanding in PPSEZ
Phnom Penh Special Economic Zone Plc (PPSP) and Marvel Garment Co Ltd signed a lease agreement over the weekend for additional land. The signing was made by PPSP Chairman Tan Kak Khun and Marvel Garment’s General Manager, Yan Delin. ...
Sok Chan
https://www.khmertimeskh.com/50799994/marvel-garment-co-expanding-in-pp-sez/
Approval in principle for new airport
The government has approved in principle the construction of a new domestic airport in Mondulkiri province under a public-private partnership (PPP). The approval was signed by the Council of Ministers’ Permanent Secretary of State Hing Thoraxy on New Year’s Eve. ...
Sok Chan
https://www.khmertimeskh.com/50800187/approval-in-principle-for-new-airport/
Cambodian milled rice exports reached $538 million in 2020
Veng Sakhon, Minister of Agriculture, Forestry and Fisheries, has announced the Kingdom’s rice paddy production and milled rice export totals for 2020. The minister revealed that of the nation’s approximate 3.4 million hectares of paddy fields, more than 3.26 million hectares were in harvest, yielding ...
Sok Chan
https://www.khmertimeskh.com/50800218/cambodian-milled-rice-exports-reached-538-million-in-2020/
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
$500K investment for SMEs to improve e-commerce
A $500,000 investment will go towards 125 small and medium sized businesses set to gain grants and training in online commerce according to a joint press release by the Ministry of Commerce of the Kingdom of Cambodia, the Enhanced Integrated Framework (EIF) and the UN ...
Khmer Times Staff
https://www.khmertimeskh.com/50798664/500k-investment-for-smes-to-improve-e-commerce/
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
Despite COVID-19 pandemic, Cambodia’s tax revenue continues to rise, touching $5.3 billion
The Royal Government of Cambodia collected $5.3 billion as tax and customs revenues in 2020, although the Kingdom’s economy is being hit by the COVID-19 crisis. ...
Chea Vannak/AKP
https://www.khmertimeskh.com/50798745/despite-covid-19-pandemic-cambodias-tax-revenue-continues-to-rise-touching-5-3-billion/
$400m investment inked for another hydro project
SINOMACH China Heavy Machinery Co Ltd, the Ministry of Energy and Mines of Cambodia and the Cambodian National Electric Power Co formally signed an implementation agreement, lease agreement and power purchase agreement for the build-operate-transfer (BOT) investment project of the Shangddai Hydropower Station to utilise ...
Khmer Times Staff
https://www.khmertimeskh.com/50799201/400m-investment-inked-for-another-hydro-project/
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
Three more investment projects valued at more than $15 million approved by CDC
The Council for the Development of Cambodia (CDC) has issued investment certificates to three companies to invest in the production of all kinds of cardboard boxes, light bulbs and their accessories, all kinds of packaging materials, and metal processing. ...
Phal Sophanith/AKP
https://www.khmertimeskh.com/50798738/three-more-investment-projects-valued-at-more-than-15-million-approved-by-cdc/
Researchers and fishermen share concern over plastic waste in rivers
Local researchers and fishermen along the Tonle Sap and Bassac Rivers have shared their concern over plastic waste in the Kingdom’s rivers. Project manager of Wonders of the Mekong Chea Seila told Khmer Times on Monday, that she had found a dramatic amount of plastic waste this ...
Sar Socheath
https://www.khmertimeskh.com/50798606/researchers-and-fishermen-share-concern-over-plastic-waste-in-rivers/
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
ADB: Investment in human resources critical
The Asian Development Bank (ADB) has outlined that the government needs to continue investing in its people through the widening of parameters for programmes such as ID Poor and upskilling workers transitioning into new sectors to achieve a post-pandemic economic recovery. ...
Harrison White
https://www.khmertimeskh.com/50798179/adb-investment-in-human-resources-critical/
NBC conference discusses growth models for economic development
The seventh annual NBC Macroeconomic Conference 2020 commenced yesterday under the theme of “Discussion of Cambodia’s Economic Development Models”. It is being held virtually and will conclude on the morning of Dec 29. ...
Historic day for the nation as Apsara oil is now flowing
Mr Hun Sen considers Cambodia’s first drop of oil as a blessing to the Cambodian nation. The revenue raised from this oil production will be used for two priority areas: education and health. ...
Sok Chan
https://www.khmertimeskh.com/50798561/historic-day-for-the-nation-as-apsara-oil-is-now-flowing/