News
CBC develops wide-ranging financial app
The Credit Bureau of Cambodia (CBC) has made available a new digital application that for the first time allows Cambodian citizens to check their credit score, view credit reports and receive credit monitoring alerts. ...
Harrison White
https://www.khmertimeskh.com/50787813/cbc-develops-wide-ranging-financial-app/
Cambodia’s COVID-19 community outbreak increases to 14, tally now at 323
Cambodia’s Ministry of Health this morning announced eight new cases of the novel coronavirus (COVID-19), the tally thus rose to 323. ...
Khmer Times Staff
https://www.khmertimeskh.com/50787651/cambodias-covid-19-community-outbreak-increases-to-14-tally-now-at-323/
Public and private schools shuttered again from today
All public schools across the country has been instructed to end the 2019-2020 academic year on Nov. 30, according to a new directive of the Ministry of Education, Youth and Sports issued Sunday night. ...
Khmer Times Staff
https://www.khmertimeskh.com/50787476/public-and-private-schools-shuttered-again-from-today/
PM seeks more digitalisation across region
Prime Minister Hun Sen has called for countries in the region to increase digital connection development in a bid to help the economy recover after the COVID-19 pandemic. ...
Khmer Time Staff
https://www.khmertimeskh.com/50787340/pm-seeks-more-digitalisation-across-region/
ADB approves $70 million loan to strengthen agricultural value chain and food safety in Cambodia
The Asian Development Bank (ADB) has approved a $70 million loan to improve the capacity of agribusinesses in six provinces across Cambodia to process key agricultural products such as cassava, cashews, mangoes, vegetables, and poultry. ...
New digital platforms to ease tax collection and management
The General Department of Taxation (GDT) has organised an official signing ceremony of the letter of User Acceptance Testing (UAT), and launched the trial of a Data and Information Sharing Automatic System, according to a recent GDT’s press release. ...
Lim Nary/AKP
https://www.khmertimeskh.com/50787198/new-digital-platforms-to-ease-tax-collection-and-management/
Vegetable planting up, but not yet feeding local demand in full
Vegetable planting in Cambodia is reported up dramatically, but the nation cannot end imports because local consumption is bigger than production, said Minister of Agriculture Forestry and Fisheries Veng Sakhon at the celebration of the seventhth national nutrition day in Kampong. ...
Sar Socheath
https://www.khmertimeskh.com/50787580/vegetable-planting-up-but-not-yet-feeding-local-demand-in-full/
Firm takes the smoke out of BBQ with biomass innovation
Rethinking how to utilise waste as a source of energy is a hot topic in Cambodia, a country short on power that also grapples with a mounting organic waste problem. ...
Tom Starkey
https://www.khmertimeskh.com/50787543/firm-takes-the-smoke-out-of-bbq-with-biomass-innovation/
WorldBridge’s SME cluster zone breaks ground in Takhmao town
WorldBridge Industrial Developments Co Ltd on November 27 broke ground on its long-awaited WorldBridge i4.0 SME Cluster zone in Kandal province. ...
Hin Pisei
https://www.phnompenhpost.com/business/worldbridges-sme-cluster-zone-breaks-ground-takhmao-town
Hyatt hotel in capital set for January 2021 launch
The $180 million The Hyatt Regency Phnom Penh hotel is set to launch in January, marking the brand’s first venture into the Kingdom’s capital. Local conglomerate Chip Mong Group signed a management agreement with Chicago, US-based Hyatt Hotels Corp in September 2016 for the hotel, ...
Thou Vireak
https://www.phnompenhpost.com/business/hyatt-hotel-capital-set-january-2021-launch
Seeds sown for Stung Treng agriculture
Stung Treng provincial authorities will work with integrated food-distribution company Hun Ty Co Ltd to exploit the province’s potential for crop cultivation and potentially set up a processing plant for export down the line, provincial administration spokesman Men Kung told The Post on November 26. ...
Hin Pisei
https://www.phnompenhpost.com/business/seeds-sown-stung-treng-agriculture
Gov’t credit guarantee unit set for 2021
The Credit Guarantee Corporation of Cambodia (CGCC) is on track to be launched in the first half of next year, Banking Association of Cambodia (ABC) president In Channy told The Post on November 26. The CGCC was established by Sub-Decree No 140 ANKr BK on ...
Thou Vireak
https://www.phnompenhpost.com/business/govt-credit-guarantee-unit-set-2021
UNDP push for gov’t bonds as investors request good returns
The United Nations Development Programme (UNDP) has renewed calls for the Cambodian government to issue sovereign bonds in riels to underpin the government’s effort on de-dollarisation and protect the economy against external shocks. ...
Harrison White
https://www.khmertimeskh.com/50786840/undp-push-for-govt-bonds-as-investors-request-good-returns/
Seeds sown for Stung Treng agriculture
Stung Treng provincial authorities will work with integrated food-distribution company Hun Ty Co Ltd to exploit the province’s potential for crop cultivation and potentially set up a processing plant for export down the line, provincial administration spokesman Men Kung told The Post on November 26. ...
Hin Pisei
https://www.phnompenhpost.com/business/seeds-sown-stung-treng-agriculture
Japan donates $3 million to fight marine plastic waste
The Japanese government will provide a $3 million grant to help Cambodia fight marine plastic pollution and promote a responsible cycle of using, reusing and recycling all forms of plastic waste.The grant will fund an anti-waste project to be implemented by the Ministry of Environment, ...
Nov Sivutha
https://www.phnompenhpost.com/national/japan-donates-3-million-fight-marine-plastic-waste
MoC conducts workshop on Law on Consumer Protection
The Ministry of Commerce’s Directorate General of Consumer Protection, Competition and Fraud (CCF) has conducted a “National Dissemination and Planning Workshop on the Law on Consumer Protection” for relevant stakeholders and representatives of local and international organizations. ...
Sok Chan
https://www.khmertimeskh.com/50786648/moc-conducts-workshop-on-law-on-consumer-protection/
PPCBank bond trades on secondary market
In a first for the Cambodia Securities Exchange (CSX), a listed bond were traded on the secondary market on November 24, data from the bourse show. As a result, South Korea-owned Phnom Penh Commercial Bank Plc’s (PPCBank) first bond offering (PPCB23A) on the CSX saw ...
May Kunmakara
https://www.phnompenhpost.com/business/ppcbank-bond-trades-secondary-market
E-Commerce Strategy launched
Cambodia officially launched the E-Commerce Strategy on November 25 in a bid to achieve and drive forward competitive growth in trade and economic terms and aid in its pursuit of becoming an upper middle-income country by 2030 and a high-income country by 2050. ...
Hin Pisei
https://www.phnompenhpost.com/business/e-commerce-strategy-launched
Indications of new strength in bilateral trade with Thailand
It was announced this week that Cambodia will soon establish a representative office, the Cambodia Business Council Centre (CBCC), in Thailand’s capital in a bid to facilitate trade and business activities between the two kingdoms. ...
Jason Boken
https://www.khmertimeskh.com/50786411/indications-of-new-strength-in-bilateral-trade-with-thailand/
Insurance market continues to grow amidst COVID-19
The total insurance market premium reached $201.7 million as of the third quarter of this year, an increase of 8.2 percent over the same period in 2019. ...
Chea Vannak/AKP
https://www.khmertimeskh.com/50785948/insurance-market-continues-to-grow-amidst-covid-19/
Royal Group planning 100sq km SEZ in Botum Sakor National Park
The Royal Group of Companies Ltd, a leading local conglomerate, will invest in the construction of a 100sq km special economic zone (SEZ) in Koh Kong province’s Botum Sakor National Park. This is an apparent bid to capitalise on the ongoing inflow of investment to ...
May Kunmakara
https://www.phnompenhpost.com/business/royal-group-planning-100sq-km-sez-botum-sakor-national-park
Food safety forum chews over challenges
Among all of the industries affected by the pandemic, perhaps the food industry is one of the least surprising. Heavily interconnected with the tourism industry – particularly in hotspots such as Siem Reap and the capital – falling footfall and partial lockdowns have been biting. ...
Tom Starkey
https://www.khmertimeskh.com/50785811/food-safety-forum-chews-over-challenges/
Kingdom’s fight goes on against HIV/AIDS
Despite progress in the fight against HIV/AIDS, Cambodia still faces challenges in its bid to prevent new infections. ...
Sar Socheath
https://www.khmertimeskh.com/50785480/kingdoms-fight-goes-on-against-hiv-aids/
More than 2,000 voter registration observers approved by NEC
More than 2,000 national observers have been approved by the National Election Committee (NEC) to observe the 2020 voter list and voter registration process. ...
Ry Sochan
https://www.khmertimeskh.com/50785510/more-than-2000-voter-registration-observers-approved-by-nec/