Further gold production on horizon for Cambodia
Renaissance Minerals (Cambodia) Ltd, a subsidiary of Australia-listed Emerald Resources NL, said it has raised more funds during the first quarter of the year, with more development activities towards gold production next year. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50718690/further-gold-production-on-horizon-for-cambodia/
CRF asks ministry for $30M increase to purchase paddy
The Cambodia Rice Federation (CRF) has asked the Ministry of Economy and Finance to disburse an additional $30 million through the state-owned Agricultural and Rural Development Bank (ARDB), its president Song Saran told The Post on Monday. ...
Thou Vireak
https://www.phnompenhpost.com/business/crf-asks-ministry-30m-increase-purchase-paddy
Agriculture, domestic tourism and SMEs are the catalysts to restore the economy
Cambodia must boost the development of the domestic tourism, agriculture and small and medium enterprises (SMEs) to restore its economy post-COVID-19, according to Ky Sereyvath, Director of China Study Center of RAC. ...
Food system needs to be strengthened, Hun Sen says
Prime Minister Hun Sen has urged strengthening the food safety and quality control system in Cambodia to enable healthy diets which he said are vital to human capital development. ...
Long Kimmarita
https://www.phnompenhpost.com/national/food-system-needs-be-strengthened-hun-sen-says
Achieving energy efficiency crucial to Kingdom’s economy
As Cambodia’s demand for energy continues to increase year after year, experts are calling for the development and implementation of clear policy that encourages both the public and industry to play their part in practicing energy efficiency and conservation. ...
Jason Boken
https://www.khmertimeskh.com/50783204/achieving-energy-efficiency-crucial-to-kingdoms-economy/
Premier Hun Sen seeks more investment from the US
Prime Minister Hun Sen yesterday said that although the COVID-19 pandemic has caused a severe impact on many Cambodians’ livelihoods and the economy, the government will not slow down its reform and development in any sector. ...
Sok Chan
https://www.khmertimeskh.com/50765232/premier-hun-sen-seeks-more-investment-from-the-us/
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/
New coal-fired power plant in national park commissioned
The Kingdom’s tycoon Kith Meng’s Royal Group has secured 168.8 hectares of land in Koh Kong’s Botum Sakor National Park under a leasing agreement to develop a 700 megawatt (mW) coal power plant, according to a government sub-decree. ...
Sorn Sarath
https://www.khmertimeskh.com/50753768/new-coal-fired-power-plant-in-national-park-commissioned/
Policymakers push new laws to attract more foreign investment
Local policymakers are driving Cambodia’s regional geography, young population and low labour costs to attract more foreign direct investment (FDI) as the Kingdom releases its new five-year development plan for the garment industry. ...
Sorn Sarath
https://www.khmertimeskh.com/50751156/policymakers-push-new-laws-to-attract-more-foreign-investment/
Machinery: A growing feature of farming
The Ministry of Agriculture, Forestry and Fisheries (MAFF) has been working with the private sector and development partners to integrate the use of agricultural machinery into middle-class farming communities to respond to the current and future decline in the agricultural workforce. ...
Sorn Sarath
https://www.khmertimeskh.com/50764036/machinery-a-growing-feature-of-farming/
CMAC and Apopo sign MoU on land mine detection rats
The Cambodian Mine Action Centre (CMAC) and the Anti-Persoonsmijnen Ontmijnende Product Ontwikkeling (Apopo), known in English as the Anti-Personnel Landmines Removal Product Development, have signed a memorandum of understanding (MoU) on landmine detection rats in Cambodia. ...
Sar Socheath
https://www.khmertimeskh.com/50792640/cmac-and-apopo-sign-mou-on-land-mine-detection-rats/
KiwiPay plan merger with Meal Temple
Hong-Kong-based fintech firm Kiwi Pay Group Co Ltd (KiwiPay) announced a strategic merger with Cambodian food and grocery delivery start-up Meal Temple Group Pty Ltd to enter more developing markets with a new app called KiwiGo. ...
Thou Vireak
https://www.phnompenhpost.com/business/kiwipay-plan-merger-meal-temple
Kingdom joins ASEAN securities plan
The newly-renamed Securities and Exchange Regulator of Cambodia (SERC) and its nine capital-market-regulator counterparts in ASEAN on March 15 signed a new five-year Action Plan 2021-2025 for the development of the sector. ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-joins-asean-securities-plan
Forum to promote ‘Access to Finance for Women Entrepreneurs in COVID-19 Era’
The National Bank of Cambodia has collaborated with the United States Agency for International Development (USAID) through Pact Cambodia, Khmer Enterprise, Swisscontact and Good Return to organise the Entrepreneurship Ecosystem Forum on “Access to Finance for Women Entrepreneurs in COVID-19 Era”. ...
Western thoughts on benefits of Cambodian BRI initiatives evolving
The success of China’s Belt and Road Initiatives (BRIs) in Cambodia will depend on what the project is and how productive it will be, according to experts who have analysed China’s white paper on foreign aid and development. ...
Husain Haider
https://www.khmertimeskh.com/50810941/western-thoughts-on-benefits-of-cambodian-bri-initiatives-evolving/
NGOs: Reorient mining fund provisions
OXFAM Cambodia and the NGO Affiliated Network for Social Accountability (ANSA) will jointly implement a project aimed at providing input to the government’s mineral resource development fund. ...
Long Kimmarita
https://www.phnompenhpost.com/national/ngos-reorient-mining-fund-provisions
Kingdom seeks buyers for crude amid discouraging production
The government and Singaporean oil exploration firm KrisEnergy Ltd are actively working together to find markets for the crude oil produced offshore Cambodia and to plan for further steps in resource development for Block A, according to a senior government official. ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-seeks-buyers-crude-amid-discouraging-production
France pledges almost $150 million to Cambodia for six years
France will provide about $122 million to $146 million a year to support development in Cambodia in the form of a concession loan for a six-year period from 2021 to 2026, according to the Ministry of Economy. ...
Sar Socheath
https://www.khmertimeskh.com/50866318/france-pledges-almost-150-million-to-cambodia-for-six-years/
Cambodia speaks highly of Japan’s support to regional integration
Prak Sokhonn, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, has emphasised the importance of Japan’s generous support to regional integration and socio-economic development through bilateral and regional frameworks, including the Mekong-Japan cooperation. ...
Khmer Times Staff
https://www.khmertimeskh.com/50908925/cambodia-speaks-highly-of-japans-support-to-regional-integration/
NBC unveils economic database
The National Bank of Cambodia (NBC) has announced the launch of an online test of the Macroeconomic Surveillance Database System (MSDS) to monitor the macroeconomic and financial situation of the Kingdom and provide meaningful data for analysis, to be implemented with the technical assistance of ...
Hin Pisei
https://www.phnompenhpost.com/business/nbc-unveils-economic-database