News

The Ministry of Labour and Vocational Training has instructed enterprises, business owners and travel agencies in five provinces to prepare the proper forms for the suspension of employment contracts.​   ...

The Council for the Development of Cambodia (CDC) issued final registration certificates to five investment projects between April 13-17 worth more than $24 million and which are expected to generate 6,373 jobs.​ ...

Japanese lender Mizuho Bank Ltd will provide a $55 million loan to refinance a project for power transmission line operator Cambodian Transmission Ltd (CTL), it said in a press release on Wednesday. ...

Cambodia and East Timor have moved closer to sealing a rice-export deal following a meeting between officials. ...

Cambodia’s rubber export has increased 10 percent in the first quarter of this year compared with the same period last year, but the price of the commodity showed a slight decrease, according to a report from Ministry of Agriculture, Forestry and Fisheries. ...

Property watchers have long noticed that weekends, at this time of the year, are a prime times for people seeking to buy or rent homes, but this year it’s different. ...

Cambodia’s ranking in the Index of Economic Freedom dropped by eight places from last year, a negative sign for a country seeking to expand its economy and become a major player in Southeast Asia. ...

A 60-megawatt solar station, supported by a $7.64 million loan from Asia Development Bank (ADB) is scheduled to be built later this year in Kampong Chhnang province, north of Phnom Penh. ...

According to a data graphic from the Ministry of Commerce released on Thursday, regular petrol went from 3,550 riel ($0.88) to 2,250 riel ($0.56) per litre, representing a 36.6 percent decrease.​ ...

The Cambodian government is close to signing a deal with the local subsidiary of French-owned, Singapore-based renewable power producer The Blue Circle to construct the energy-lacking country’s first wind power farm in Kampot. ...

Prime Minister Hun Sen yesterday lifted an inter-provincial travel ban across the Kingdom to ease traffic jams after the Khmer New Year holidays came to an end. ...

PHNOM Penh City Hall is ready to quarantine more than 15,000 garment workers who are returning to the capital from their home provinces after Khmer New Year in an effort to prevent the spread of coronavirus. ...

An inter-ministerial statement was issued last week highlighting the achievements and further initiatives of the government’s cash subsidy programme for pregnant women, which seeks to promote maternal and child welfare and improve the wellbeing of children from impoverished families. ...

Eleven people died in traffic accidents in the Kingdom during this year’s Khmer New Year. ...

Cambodia’s Aviation sector is almost completely decimated due to extreme COVID-19 travel restrictions, with air passenger numbers dropping more than 90 percent as of April this year. ...

In a single deliberate poisoning event, three Giant Ibis, equivalent to 1-2 percent of the global population, have been killed – part of a disturbing global trend where conservationists are noticing increases in hunting of protected species since the spread of coronavirus began to disrupt ...

A grim report on the world economy by the International Monetary Fund (IMF) yesterday caused oil prices to continue to slide, with international prices hitting the lowest level since 2002 as planned output cuts were deemed insufficient to offset a COVID-19-fuelled slump in demand. ...

Cambodia’s exports through three Special Economic Zones in Svay Rieng province, which shares a border with Vietnam, have recorded a $237 million rise in the first quarter of 2020. ...

Cambodia’s Minister of Agriculture Veng Sakhon has told local media that his ministry plans to purchase $3.5 million’s worth of potato seeds, in a project partnering with South Korea to produce potatoes in the Mondulkiri province. ...

The COVID-19 pandemic is driving the airlines, hospitality, restaurants and related support industries to the brink. ...

The International Monetary Fund (IMF) has predicted Cambodia’s 2020 Gross Domestic Product will contract by -1.7 percent this year in line with a global contraction of -3.0 percent. The reduction in GDP represents an economic downturn the world has not seen since the Great Depression, ...

The government will soon finalise a draft law on antitrust and competition, and submit it to the National Assembly for approval, Ministry of Commerce senior official told The Post on Wednesday. ...

Farmers and the authorities in Svay Rompear commune, Kampong Leng district, Kampong Chhnang province said they would continue to seek court permission to recover five tractors that authorities had impounded on March 26, ...

The ministries of Agriculture, Forestry and Fisheries, and Environment, as well as the World Wide Fund for Nature Cambodia (WWF Cambodia), will request the Anlong Kampi Irrawaddy dolphin conservation area in Kratie province be added to UNESCO’s World Heritage List. ...