Source: FN Hungarian President Janos Ader announced to support Cambodia maintain EU’s Everything But Arms (EBA) preferential trade scheme. The statement was made in a meeting with Cambodian Prime Minister Hun Sen at the Peace Palace in Phnom Penh on Monday. “Hungary reiterates her commitment to support Cambodia maintain EBA,” according to Eang Sophalleth, personal…
Source: FN The Royal Government of Cambodia announced that she can loan up to USD 2 billion in the coming year on top of the existing USD 7 billion debt she borrowed, according to executive summary of Ministry of Economy and Finance’s draft budget law 2020, which Fresh News received on Friday. The same source…
Source: FN Cambodia’s Gross Domestic Product (GDP) is expected to grow to USD 29.3 billion, according to executive summary of Ministry of Economy and Finance’s draft budget law 2020, which Fresh News received on Friday. “It is estimated that Cambodia’s economic growth rate will be in circle of 6.5 percent in 2020, in which GDP…
Source: FN Cambodian Prime Minister Hun Sen announced that all Cambodian villages would be electrified within five years, speaking in a cabinet meeting held at the Peace Palace on Friday. “All Cambodian villages would have access to electricity within five years. Through reforms over the last 10 years, 92 percent of the 14,168 total villages…
Source: FN As long as Cambodian People’s Party (CPP) continues to win the elections, the Royal Government will not charge any taxes on farmlands and on minimum wage workers, Prime Minister Hun Sen addressed Friday at the cabinet meeting, held at the Peace Palace. “If the CPP continues to win, there will be no taxes…
Source: FN Cambodian Prime Minister Hun Sen announced Friday to remove waste collection fees from electricity invoices issued by Cambodian national utility company, Electricité du Cambodge, speaking in a cabinet meeting held at the Peace Palace. Prime Minister continued that after withdrawing license from Cintri, a private company responsible for cleaning and collecting Phnom Penh…
Source: FN Cambodian Prime Minister Hun Sen said that Cambodia needs to buy 455 cars to serve in the 13th Asia-Europe Summit in 2020, addressing on Tuesday at the graduation ceremony of Build Bright University (BBU) at Diamond Phnom Penh. “Next year, we host the 13th Asia-Europe Summit; therefore, we need to buy 455 cars…
Source: FN Cambodian Prime Minister Hun Sen announced again that he would buy four more Aero L-39 Albatros from the Czech Republic, addressing on Tuesday at the graduation ceremony of Build Bright University (BBU) at Diamond Phnom Penh. “Before, Cambodia had purchased six L-39 jets. Now they have new model that we need [in emergency…
Source: FN Cambodian Prime Minister Hun Sen ordered relevant institutions to study on the incineration project, converting trash in Cambodia to energy, addressing on Tuesday at the graduation ceremony of Build Bright University (BBU) at Diamond Phnom Penh. “We will continue to study the issue of electricity through incarnation, but will not import trash from…
Source: FN Cambodian Prime Minister Hun Sen ordered authority in charge to study underground parking space in Phnom Penh’s public parks to avoid traffic jams, addressing on Tuesday at the graduation ceremony of Build Bright University (BBU) at Diamond Phnom Penh. “We have two current issues in Phnom Penh. One is parking space that we…