A senior official at the Ministry of Agriculture has called on more investment in the horticulture and subsidiary crops sector because the demand for vegetables in the country has increased nearly 1,000 tonnes per day. Kean Sophea, director of the department of horticulture and subsidiary crops at the Ministry of Agriculture, Forestry and Fisheries, told Khmer […]
Read MoreTwo new confirmed COVID-19 cases in Cambodian have revived the fear of a “second wave” of the virus affecting local businesses – many of which had just begun to reopen over the past month. In response, Prime Minister Hun Sen has advised the public, yet again, to stay away from crowded places to prevent the […]
Read MoreBusiness advocates are continuing to call on the Cambodian government to further support the local economy during and after the COVID-19 pandemic – through the implementation of collateral-free working loans and new policies to encourage more foreign direct investment in the Kingdom. The calls come after the government announced a plan last week to reduce […]
Read MoreCambodia Chamber of Commerce (CCC) and Securities and Exchange Commission of Cambodia (SECC) – the country’s securities regulator – signed a memorandum of understanding (MoU) in a move to team up concerning raising awareness, while encouraging firms to join the local stock market. The MoU was signed between CCC’s president Kith Meng and SECC’s Chairman […]
Read MoreMoody’s Investors Service says Cambodia has strong fiscal buffers to counter disruptions to trade and growth arising from the COVID-19 pandemic. In a statement released in Singapore Friday, the US credit rating agency said slowdowns in China, the EU and the US would deter Cambodia’s growth prospects this year, with GDP forecast to contract 0.3 […]
Read MoreThe Ministry of Tourism will put in place additional measures in order to contain the coronavirus pandemic spread this week after local tourists have restarted travelling to eco-tourism destinations in the country within the last two weeks, according to Minister of Tourism. Thong Khon, Minister of Tourism said that during two weeks of May, the […]
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