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Workers unions request minimum wage of $250

Workers Unions representing over 10,000 workers in the Kingdom have requested the government an increase in minimum wage to $250 per month for garment workers, an augmentation of $60 in wage compared to the original stipend imposed in 2020.​ ...

Va Sonyka
https://www.khmertimeskh.com/50719380/workers-unions-request-minimum-wage-of-250/

PM returns from Singapore hospital

Prime Minister Hun Sen returned to Cambodia yesterday after an urgent medical examination in Singapore due to exhaustion. The premier was forced to cancel diplomatic meetings and ceremonies last week and was rushed abroad for treatment. ...

Meas Sokchea
http://www.phnompenhpost.com/national/pm-returns-singapore-hospital

Port operator’s IPO share price set near high tide mark

Sihanoukville Autonomous Port (SAP), the state enterprise that operates Cambodia’s principal seaport, announced a share price of 5,040 riel ($1.26) yesterday for its upcoming initial public offering following a bookbuilding exercise that garnered a strong response from institutional investors. ...

Cam McGrath
http://www.phnompenhpost.com/business/port-operators-ipo-share-price-set-near-high-tide-mark

Farm crayfish easy to feed, worth ‘billions’

Minister of Agriculture Veng Sakhon has urged the Cambodia Amazing Aquaculture Technological Co Ltd (CAAT) to expand crabfish farming from 25ha to 100ha as there is much potential for export to international markets. ...

Hin Pisei
https://www.phnompenhpost.com/business/farm-crayfish-easy-feed-worth-billions

Sar Kheng addresses land rows in Kingdom

Deputy Prime Minister and Minister of Interior Sar Kheng has told officials to prepare a master plan for land management in the Kingdom, especially in economic centres. He expressed concern that land issues will be complicated in future, especially disputes among high-ranking officials. ...

Long Kimmarita
https://www.phnompenhpost.com/national/sar-kheng-addresses-land-rows-kingdom

KrisEnergy seeks additional delay to Cambodia Block A scheduled oil extraction

A senior official of the General Department of Petroleum at the Ministry of Mines and Energy said the ministry is reviewing a request letter from Singapore-listed company KrisEnergy asking for a delay to the start of oil extraction in Cambodia Block A. ...

Sok Chan
https://www.khmertimeskh.com/50783454/krisenergy-seeks-additional-delay-to-cambodia-block-a-scheduled-oil-extraction/

National Assembly to discuss seven draft laws next week

The National Assembly Permanent Committee meeting yesterday approved the resumption date of the 5th session of the 6th legislature for next Wednesday, to debate and approve seven draft laws related to the economy, trade and air transportation services. ...

Khann Chanvirak
https://www.khmertimeskh.com/50784703/national-assembly-to-discuss-seven-draft-laws-next-week/

Ex-land director gets seven years in prison

The Phnom Penh Municipal Court sentenced Nuon Pok, the former director of the Preah Sihanouk provincial Department of Land Management, Urban Planning and Construction to seven years in prison and fined him 100 million riel ($25,000) for abuse of power and other corruption charges. ...

Long Kimmarita
https://www.phnompenhpost.com/national/ex-land-director-gets-seven-years-prison

‘Uncertainty’ remains over economic outlook

The World Bank has forecast a sharp contraction of negative two percent for the local economy this year, adding that Cambodia’s unfavourable growth outlook alongside disruptions to jobs and lower household incomes means poverty is likely to increase. ...

Harrison White
https://www.khmertimeskh.com/50767885/uncertainty-remains-over-economic-outlook/

Cashew nuts key to achieving exports target, says ministry

The Ministry of Agriculture, Forestry and Fisheries (MAFF) has continued to promote the local development of cashew nuts, saying the crop has the potential to help the country achieve its aim For 12 percent growth in agricultural exports by 2025. ...

Sorn Sarath
https://www.khmertimeskh.com/50746300/cashew-nuts-key-to-achieving-exports-target-says-ministry/

Ministry of Education creates research fund to promote innovation

Cambodian Ministry of Education, Youth and Sports (MoEYS) has established a Research Creativity and Innovation Fund (RCI Fund) to contribute to promoting the culture of research, creativity and innovation for the benefit of the education, youth and sports in response to the labour market and ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50756984/ministry-of-education-creates-research-fund-to-promote-innovation/

Rong Chhun charged with incitement over border comments

The Phnom Penh Municipal Court has charged outspoken union leader Rong Chhun for incitement to commit a felony over comments he made about demarcation border posts between Cambodia and Vietnam, which the government has said is disinformation. ...

Khuon Narim
https://cambojanews.com/rong-chhun-charged-with-incitement-over-border-comments/

Mekong is at historical lows

The Mekong is once again at historical lows. The Mekong River Commission (MRC) gauge at Phnom Penh Port shows river level to be four metres below average for this time of year – and lower than last year’s record. ...

Mark Hughes
https://www.khmertimeskh.com/50748811/mekong-is-at-historical-lows/

Debt and migration during COVID-19

Strict Thai border closures, as well as water shortages, have caused increased financial hardship for villagers this year who had seen their incomes reduced as remittances from overseas fell and crops were damaged. ...

Sok Chan and Harrison White
https://www.khmertimeskh.com/50754977/debt-and-migration-during-covid-19/

Japanese investments in Cambodia

Cambodia and Japan have just held the 20th Cambodia-Japan Public-Private Sector Meeting under the agreement for the liberalisation, promotion and protection of investment. This is the only bilateral mechanism between the two countries to promote diplomatic, economic, trade and investment cooperation. ...

Sorn Sarath
https://www.khmertimeskh.com/50763633/japanese-investments-in-cambodia/

Pchum Ben provides boost in tourism across Kingdom

According to a Ministry of Tourism report released today, over 450,000 people were reported to have visited tourist destinations across Cambodia yesterday, in a massive boost for the Kingdom’s hard-hit sector. ...

Dina Huon
https://www.khmertimeskh.com/50764441/pchum-ben-provides-boost-in-tourism-across-kingdom/

Strong ties maintained between Cambodia, Laos and Vietnam

The leaders of Cambodia, Laos and Vietnam approved a tourism development plan this week, the Cambodia, Laos, Vietnam (CLV) Development Triangle Area 2020-2025, vision for 2030, at the 11th CLV virtual summit, according to the Ministry of Tourism. ...

Jason Boken
https://www.khmertimeskh.com/50792153/strong-ties-maintained-between-cambodia-laos-and-vietnam/

Aquaculture committee to boost sector development

The Ministry of Agriculture, Forestry and Fisheries has established the Aquaculture Promotion Cambodia Committee to facilitate the production and business activities of the Cambodian Aquaculturist Association (CAA), to increase production capacity For domestic supply and export. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/aquaculture-committee-boost-sector-development

$3M in green-friendly equipment provided to environment ministry

The Chinese Ministry of Ecology and Environment, through Shenzhen Spark Co Ltd, provided equipment for reducing carbon dioxide emissions with a total value of $3 million to the Ministry of Environment. ...

Mom Kunthear
https://www.phnompenhpost.com/national/3m-green-friendly-equipment-provided-environment-ministry

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/

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