News

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/

Government dips into its reserves

The government says that it has been withdrawing $1 billion from its savings to support spending in the fight against COVID-19 and to sustain, boost and restore the economy at a time national revenue is expected to drop from 20 percent to 30 percent, according ...

Sok Chan
https://www.khmertimeskh.com/50743333/government-dips-into-its-reserves/

New round of measures to help businesses affected by virus

The Cambodian government yesterday introduced a fourth round of measures to help the private sector, business activities, declare further financing to rehabilitate and push the growth of the economy after the COVID-19 crisis ends. ...

Sok Chan
https://www.khmertimeskh.com/50727284/new-round-of-measures-to-help-businesses-affected-by-virus/

Only ‘legal’ SMEs to benefit from aid package: Ministry

The $800 million to $2 billion COVID-19 stimulus package announced by Prime Minister Hun Sen last month will only be given to those businesses that are legally registered and are formally verified, the Ministry of Economy and Finance has said. ...

Harrison White
https://www.khmertimeskh.com/50708031/only-legal-smes-to-benefit-from-aid-package-ministry/

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