News

IMF urges closer cooperation between statistics agencies in Cambodia

The International Monetary Fund (IMF) says closer cooperation between statistics-producing agencies in Cambodia is “essential” to improve the quality of macroeconomic statistics. ...

Sao Da/AKP
https://www.khmertimeskh.com/50778524/imf-urges-closer-cooperation-between-statistics-agencies-in-cambodia/

Cambodia’s rubber export up 21 per cent in first 9 months

Cambodia exported 209,819 tons of dry rubber in the first nine months of 2020, up 21 percent compared to the same period last year, said a General Directorate of Rubber report. ...

Xinhua
https://www.khmertimeskh.com/50778141/cambodias-rubber-export-up-21-per-cent-in-first-9-months/

Nearly 1 million tonnes of milled rice exported to China by Q3

Cambodia has exported nearly 1 million tonnes of milled rice as of the third quarter of 2020, and the figure could reach 1.2 million tonnes in a near future. The record was revealed on Tuesday by the Cambodia Rice Federation, underlining that the export followed ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50778347/nearly-1-million-tonnes-of-milled-rice-exported-to-china-by-q3/

New investment law to be finalised in November

The Kingdom’s new draft law on investment is scheduled to be finalised by the end of November this year. It will help to drive the economic recovery in the context of COVID-19, according to the Ministry of Economy and Finance (MEF). ...

Sorn Sarath
https://www.khmertimeskh.com/50778372/new-investment-law-to-be-finanlised-in-november/

NGOs: Stop oppressing journalists and limiting free speech

A joint statement released on November 2 by a group of 57 NGOs called for the government to stop silencing journalists and media outlets and release journalists who they believe were unfairly arrested.​ ...

Niem Chheng
https://www.phnompenhpost.com/national/ngos-stop-oppressing-journalists-and-limiting-free-speech

Indo-Pacific trade fair opens

Twenty leading Cambodian companies are set to participate in the third edition of the Indo-Pacific Business Forum (IPBF) on Wednesday to explore the potential business and investment opportunities that are available in the region. ...

May Kunmakara
https://www.phnompenhpost.com/business/indo-pacific-trade-fair-opens

MFI credit risk relatively low, NBC’s Serey says

On the basis that non-performing loans stood around 2.3 percent as of August 31, 2020, credit risk in the microfinance sector remains relatively low, said National Bank of Cambodia assistant governor and director-general Chea Serey. ...

Sangeetha Amarthalingam
https://www.phnompenhpost.com/business/mfi-credit-risk-relatively-low-nbcs-serey-says

CCC, securities regulator call for firms to list on bourse

The Cambodia Chamber of Commerce (CCC) and the Securities and Exchange Commission of Cambodia (SECC) on Tuesday called on local companies to list on the Cambodia Securities Exchange (CSX). ...

Thou Vireak
https://www.phnompenhpost.com/business/ccc-securities-regulator-call-firms-list-bourse

$400 million transmission line to bring in Laos, Thailand power

The construction of a combined more-than $400 million power transmission line connecting Cambodia to Laos and the Thai border will start next year, according to an official from the Ministry of Mines and Energy (MME). ...

Sorn Sarath
https://www.khmertimeskh.com/50777612/400-million-transmission-line-to-bring-in-laos-thailand-power/

Micro, small, medium firms vital but need support: Report

Strengthening the dynamics of micro, small, and medium enterprises (MSMEs) with innovation and internationalisation will be key to revitalising Southeast Asian economies devastated by Coronavirus, according to a new report from the Asian Development Bank (ADB). ...

Sok Chan
https://www.khmertimeskh.com/50777691/micro-small-medium-firms-vital-but-need-support-report/

UN says Cambodian rice farming faces challenges

The UN’s Global Reporting Initiative shows the Cambodia rice sector has faced significant sustainability challenges of decreasing returns for small-scale producers, inadequate uptake of responsible farming practices and smallholder engagement models amid calls for increasing organic production. ...

Sorn Sarath
https://www.khmertimeskh.com/50777272/un-says-cambodian-rice-farming-faces-challenges/

Cambodia expects to be landmine-free within 5 years

The Cambodian government will deploy 2,000 soldiers to train as deminers after Western nations, led by the United States, bolstered efforts to rid the country of landmines and other unexploded ordnance by 2025. ...

Luke Hunt
https://www.voacambodia.com/a/5635885.html

Publisher tells court his posts sought attention and ‘Likes’, not chaos

A news publisher who was imprisoned over criticisms of Prime Minister Hun Sen in several social media posts pleaded guilty at his trial on Tuesday but said he was just trying to arouse interest and more “likes.” ...

Ouch Sony
https://vodenglish.news/publisher-tells-court-his-posts-sought-attention-and-likes-not-chaos/

Fiscal revenue growth revised down

The Cambodian government has revised its target for year-on-year fiscal revenue growth to 0.3 percent of gross domestic product (GDP), down from the planned 0.5 percent increases as outlined in the original Revenue Mobilisation Strategy 2019-2023. ...

Harrison White
https://www.khmertimeskh.com/50777271/fiscal-revenue-growth-revised-down/

73 Blue Helmets sent for UN mission in South Sudan

Seventy-three Cambodian Blue Helmets were dispatched to South Sudan on Sunday to join the UN peacekeeping mission in the east African country. ...

Sen David
https://www.khmertimeskh.com/50777089/73-blue-helmets-sent-for-un-mission-in-south-sudan/

Sweden grants Covid-19 relief funds to Cambodia

The Embassy of Sweden has announced a COVID-19 response package to financially support rural communities in Cambodia through tree planting activities. ...

Khmer Times Staff
https://www.khmertimeskh.com/50776808/sweden-grants-covid-19-relief-funds-to-cambodia/

Senate adopts four draft laws

The Senate of Cambodia has adopted four significant draft laws in its 6th session of the 4th legislature held here at the Senate Palace this morning. ...

Khmer TImes Staff
https://www.khmertimeskh.com/50777202/senate-adopts-four-draft-laws/

WCS: Four species nearly extinct in Keo Seima Sanctuary

The Cambodian Wildlife Conservation Society (WCS) released a report yesterday showing that four species which inhabit the Keo Seima Wildlife Sanctuary in Mondulkiri are in danger of extinction. ...

Tith Kongnov
https://www.khmertimeskh.com/50777156/wcs-four-species-nearly-extinct-in-keo-seima-sanctuary/

2021 draft budget sees a half billion reduction

The Royal Government of Cambodia, through the Council of Ministers, has approved a draft annual budget of approximately $7.62 billion for the year 2021. The approval was made during a cabinet meeting held last Friday, chaired by Prime Minister Hun Sen. ...

Harrison White
https://www.khmertimeskh.com/50776654/2021-draft-budget-sees-a-half-billion-reduction/

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/

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