News

SME fund launched to fight economic stagnation

Relevant ministries and private sectors are joining up to form another tool, the  Small and Medium Enterprise Fund “SME fund” to promote local SMEs to help Cambodia overcome economic stagnation during the COVID-19 pandemic. ...

Sorn Sarath
https://www.khmertimeskh.com/50776655/sme-fund-launched-to-fight-economic-stagnation/

Establishment of provincial SME Park urged

The Federation of Associations of Small and Medium Enterprises of Cambodia (FASMEC) is seeking to establish small and medium enterprise (SME) parks in each province across the country aiming at promoting local agricultural products processing. ...

Sorn Sarath
https://www.khmertimeskh.com/50776583/establishment-of-provincial-sme-park-urged/

Cambodia continues to draw FDI despite loss of EBA with another four investment projects worth $37.6 million

The Council for the Development of Cambodia (CDC) has given the green light to four more investment projects with a total investment capital of $37.6 million. According to the council’s press release issued Friday, the projects newly approved are expected to create some 6,338 jobs ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50776597/cambodia-continues-to-draw-fdi-despite-loss-of-eba-with-another-four-investment-projects-worth-37-6-million/

Minister reassures Cambodia’s response to COVID-19 fallouts

Vongsey Vissoth has reiterated the Royal Government of Cambodia’s promising response to the fallouts of the COVID-19. National budget has been reprioritised to allocate about $1 billion to address the emergency areas. ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50776547/minister-reassures-cambodias-response-to-covid-19-fallouts/

Record number of Asian openbill stork nests discovered

BirdLife International Cambodia recently discovered a record number of over 2,000 Asian openbill stork nests in Takeo province’s Boeng Prek Lapou Protected Landscape. .. ...

Som Kanika
https://www.khmertimeskh.com/50776744/record-number-of-asian-openbill-stork-nests-discovered/

Each flood-stricken farming family to receive 100kg of rice seed

The Royal Government of Cambodia has announced to distribute to each flood-hit farmer family 100 kilogramme of rice seed, and six types of subsidiary crops to other affected families that do not do the rice cultivation. ...

Khmer Times Staff
https://www.khmertimeskh.com/50776569/each-flood-stricken-farming-family-to-receive-100kg-of-rice-seed/

Government to increase cash for Labour to $160 million

The Royal Government has decided to increase the budget for Cash for Labour from $100 million to $160 million. ...

Khmer Times Staff
https://www.khmertimeskh.com/50776562/government-to-increase-cash-for-labour-to-160-million/

Cabinet approves Stung Tatai Leu hydropower dam development project

The 150-megawatt Stung Tatai Leu hydropower dam development project was endorsed during the plenary Cabinet Meeting held here this morning under the chairmanship of Prime Minister Hun Sen. ...

Khmer Times Staff
https://www.khmertimeskh.com/50776451/cabinet-approves-stung-tatai-leu-hydropower-dam-development-project/

Floods in Cambodia claim 40n lives as rescue efforts intensify

The National Committee for Disaster Management (NCDM) reported that the ongoing flash floods have so far killed 40 people. ...

Khmer Times Staff
https://www.khmertimeskh.com/50776800/floods-in-cambodia-claim-40n-lives-as-rescue-efforts-intensify/

More rain forecast due to storm Molave, amid flooding crisis

The Ministry of Water Resources and Meteorology yesterday announced that tropical storm Molave, currently causing havoc as it crosses the Philippines, will soon drop further rain on Cambodia, already suffering from devastating floods. Cambodia expects the impact of Molave from October 28 through 29, with ...

Sen David
https://www.khmertimeskh.com/50776745/more-rain-forecast-due-to-storm-molave-amid-flooding-crisis/

Government allocates over $31 million more for IDPoor scheme

The government has deposited more than $31 million to Wing agents nationwide to provide for the third round of payments for the IDPoor equity card scheme, set to benefit nearly 700,000 poor and vulnerable families, equivalent to 2.8 million people. ...

https://www.khmertimeskh.com/50776774/government-allocates-over-31-million-more-for-idpoor-scheme/
https://www.khmertimeskh.com/50776774/government-allocates-over-31-million-more-for-idpoor-scheme/

Free-trade deals ‘not necessarily good’

Having more free trade agreements with partner countries is a good deal for Cambodia that currently gets its biggest advantage from trade preferences under its Least Developed Country status. ...

Sorn Sarath
https://www.khmertimeskh.com/50776237/free-trade-deals-not-necessarily-good/

Gov't says Cambodia facing most severe flooding in years

The flooding was caused by torrential rainfall from tropical storms, and has killed at least 12 people and affected more than 30,000 households across 17 provinces nationwide, according to the National Committee for Disaster Management (NCDM).​ ...

Aun Chhengpor
https://www.voacambodia.com/a/govt-says-cambodia-facing-most-severe-flooding-in-years/5621010.html

Capital gains tax delayed to 2022

The government has decided to delay the implementation of capital gains tax to Jan 1, 2022, according to a statement from the General Department of Taxation (GDT). ...

Sok Chan
https://www.khmertimeskh.com/50776024/capital-gains-tax-delayed-to-2022/

Kingdom signs deal with US on patents

Cambodia and the US have signed a memorandum of understanding (MoU) on patent cooperation, the move that will accelerate the bilateral trade between the two countries, according to the Ministry of Industry, Science, Technology and Innovation (MISTI). ...

Sorn Sarath
https://www.khmertimeskh.com/50776238/kingdom-signs-deal-with-us-on-patents/

Mekong dolphin population remains steady

The Fisheries Administration and World Wildlife Fund (WWF) yesterday announced that an estimated 89 Irrawaddy dolphins live in the rivers of Cambodia, according to an official population survey. ...

Sen David
https://www.khmertimeskh.com/50776137/mekong-dolphin-population-remains-steady/

Asean-UN join forces against COVID-19, landmines

Foreign Affairs Minister Prak Sokhonn has reiterated Cambodia’s support for the crucial roles the United Nations is playing in steering global efforts to combat COVID-19. ...

Ry Sochan
https://www.khmertimeskh.com/50776023/asean-un-join-forces-against-covid-19-landmines/

NCDM: flash flood death toll stands at 39

The National Committee for Disaster Management (NCDM) has reported that the ongoing flash floods have so far killed 39 people, of them 22 in Banteay Meanchey province. ...

Khmer Times Staff
https://www.khmertimeskh.com/50776124/ncdm-flash-flood-death-toll-stands-at-39/

C-19 vaccine promised: Doses to be provided for three percent of population first

The World Health Organization (WHO) has confirmed that Cambodia will receive COVID-19 vaccines for three percent of the population when they are officially released.   ...

Khann Chanvirak
https://www.khmertimeskh.com/50775593/c-19-vaccine-promised-doses-to-be-provided-for-three-percent-of-population-first/

KOICA lays out plan for pandemic support

The Korea International Cooperation Agency (KOICA) and the Cambodian Rehabilitation and Development Board of the Council for the Development of Cambodia (CRDB/CDC) yesterday held a discussion meeting at the Council for the Development of Cambodia (CDC). ...

Khmer Times Staff
https://www.khmertimeskh.com/50775595/koica-lays-out-plan-for-pandemic-support/

Japan offers $239 million in emergency assistance

Japanese Foreign Affairs Minister Motegi Toshimitsu announced yesterday Japan will provide $239 million in emergency financial assistance to support Cambodia, saying it “has suffered from adverse economic impacts as a result of the novel coronavirus disease (COVID-19).”   ...

Ry Sochan
https://www.khmertimeskh.com/50775690/japan-offers-239-million-in-emergency-assistance/

PM asks banks and microfinance to delay loan repayment for flood victims

Prime Minister Hun Sen has appealed to all banks and microfinance institutions nationwide to understand the difficulties faced by flood victims who owe them, asking them to delay repayment or reduce the interest rate during the flooding. ...

Ben Sokhean
https://www.khmertimeskh.com/50775521/pm-asks-banks-and-microfinance-to-delay-loan-repayment-for-flood-victims/

Cambodia logs a new COVID-19 case, bringing tally to 286

In two consecutive days, Cambodia registered another new imported case of COVID-19 on a Polish man today, raising the tally of infections to 286.   ...

Khann Chanvirak
https://www.khmertimeskh.com/50775390/cambodia-logs-a-new-covid-19-case-bringing-tally-to-286/

Sweden contributes to tree conservation activities as part of COVID-19 response

The UN Development Programme (UNDP) announced yesterday that  Sweden will contribute about $500,000 to  its joint conservation efforts with the Environment Ministry in Pursat and Siem Reap provinces to support tree planting activities, the establishment of plant nurseries and a “cash-for-work” initiative. ...

Som Kanika
https://www.khmertimeskh.com/50775184/sweden-contributes-to-tree-conservation-activities-as-part-of-covid-19-response/

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