Policy and Strategy
Government to Strengthen Mineral Resource Management for State Projects
The government is strengthening royalty collections and management of mineral resources used for state infrastructure projects, according to a new inter-ministerial Prakas on 01 July. Signed by HE Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance, and HE Suy Sem, Minister of Mines and Energy, the enforcement of this Prakas covers the […]
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PM Hun Sen: Real estate market continues as usual despite COVID-19
Although the COVID-19 crisis has affected the Cambodian economy, the real estate business continues as usual and shophouse businesses have recently become more popular, according to Prime Minister Hun Sen’s official Facebook page on 30 June 2020. He also mentioned during a visit to the construction of the new Phnom Penh International Airport that despite […]
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ASEAN top leaders touch on green infrastructure development and sustainable tourism to bolster regional trade
What have ASEAN leaders learned from COVID – 19? Top ASEAN leaders recently held an online video conference gathering for the 36th ASEAN Summit on 26 June 2020 with representatives of the ASEAN Business Advisory Council (ASEAN-BAC). The meeting achieved a joint statement based on the theme of “Cohesive and Responsive ASEAN in 2020”. The […]
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Tbong Khmum Governor initiates 8,000 hectare flooded forest preservation area for ecotourism
The Tbong Khmum provincial administration plans to transform over 8,000 hectares of flooded forest into s flooded forest preservation area for serving the ecotourism sector, according to H.E. Cheam Chansophorn, Provincial Governor of Tbong Khmum at a press conference on Progress and Continuing Direction of Tbong Khmum Province on 25 June 2020. “If we can […]
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PM Hun Sen: US$100 million to help developing rural infrastructure while creating more jobs
The USD$100 million in rural infrastructure projects that the government is providing not only helps develop local infrastructure but also provide jobs for people. The statement was made by Prime Minister Hun during the delivery on the “Cash Transfer Program for Poor and Vulnerable Households during COVID-19” on 24 June 2020. The Prime Minister explained […]
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PM calls for loan restructuring for private educational institutions
Prime Minister Hun Sen has called for bank institutions to prepare loan restructuring to help release the burden on private educational institutions during the post-COVID-19 period. The PM made the call in his speech on the “Cash Transfer Program for Poor and Vulnerable Households during COVID-19” on 24 June 2020. “The National Bank of Cambodia […]
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PM Hun Sen: house demands still on course amid COVID-19
Cambodian people are still reportedly able to afford for buying houses at housing construction projects amid the COVID-19 pandemic. However, Cambodia’s economic growth this year projected to growth at the negative growth rate. In a visit to inspect construction process of new Phnom Penh international airport on June 22, Samdech Techo Hun Sen, Prime Minister […]
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Government allocates US$100 million for rural infrastructure development
The Royal Government of Cambodia has allocated 451 billion riels (approximately US$109 million) for building physical infrastructure in rural areas and promoting agriculture, and in particular providing jobs due to the COVID-19 pandemic crisis. According to a press release from the Ministry of Economy and Finance, the ‘Labour Cash Program Phase II’ fund will be […]
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Koh Kong Administration: Dara Sakor Airport is not for military service
Photo Source: The New York Times Due to the scepticism of numerous analysts who have questioned the role of Dara Sakor Airport, on 11 June 2020, HE Ms Mithona Phouthong, Koh Kong Provincial Governor recently rejected any claim of use for military service saying that the area was only built for tourism. Analysts continue to […]
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Indonesia building road for Cambodia in the leader’s name to symbolise lasting friendship
The Republic of Indonesia has proposed to build a road in Cambodia that can be named after the ASEAN nation’s senior leadership to symbolise the historic and long-standing ties between Cambodia and Indonesia. The proposal was made during a meeting between H.E. Sun Chanthol, Minister of Public Works and Transport and H.E. Sudirman Haseng, to […]
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