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April Newsletter 2020

April Newsletter 2020

15/April/2020

A DISEASE TRACKER BACKED BY GATES AND ZUCKERBERG TACKLES COVID-19 

A partnership between the Chan Zuckerberg Initiative, the Chan Zuckerberg Biohub, and the Bill and Melinda Gates Foundation enabled researchers in Cambodia to sequence and confirm the country’s first case of COVID-19 in a matter of days — not the weeks it could typically take.

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KINGDOM, RUSSIA SET TO BOOST TRADE, INVESTMENT

Cambodia and Russia had pledged to increase bilateral trade and investment. The Kingdom aims to diversify its market through the Eurasia Economic Union (EAEU).

Deputy Prime Minister Hor Namhong, whom met with Russian Ambassador to Cambodia Dmitry Tsvetkov said both countries had good diplomatic relations which continued receiving strong support by Russian on Cambodia’s economic growth.

He further added that since 2015, the country had signed 51 agreements to boost trade, and investments in the financial sector, agriculture and more. Last year, bilateral trade reached $55.39 million and presently, government is reviewing 14 Memorandums of Understanding (MoU) which expected to be sign soon. It will focus on tourism, education, law and youth. 

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CAMBODIA'S CONSTRUCTION SECTOR REMAINS STABLE 

The Cambodian Ministry of Land Management, Urban Planning and Construction reported that construction industry in the country remains stable despite global facing serious downturn due to COVID-19.

According to source reported that ministry’s spokesperson, Seng Lot disclosed that construction projects are on the rise in Southeast Asian country. In end February this year, more than 500 construction projects applied for permits with ministry, compared to last year, which is only 300 applications. This had showed the industry is not severely affected.

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LEADING THROUGH THE CORONAVIRUS CRISIS

The coronavirus pandemic has placed extraordinary demands on leaders in business and beyond. The humanitarian toll taken by COVID-19 creates fear among employees and other stakeholders. An unexpected event or sequence of events of enormous scale and overwhelming speed, resulting in a high degree of uncertainty that gives rise to disorientation, a feeling of lost control, and strong emotional disturbance.
 

The number of cases change by the hour; the official responses range from dismal to destructive to thank goodness; and businesses are crafting messages about staying safe. Everyone signs off with “Now go wash your hands,” friendly but insistent. We’re all in this together, but if we don’t all do the right thing it could be even more catastrophic than it already is.

CAMBODIA NAMED WORLD'S BEST TOURIST DESTINATION

Cambodia has been named as the world’s best tourist destination for its rich heritage, public safety and friendliness of its people.

The country won the accolade from the Pacific Area Travel Writers Association’s (PATWA) International Travel Award for Best Destination despite the global coronavirus outbreak that has dampened the global tourism industry.

PATWA’s Cambodia chapter chairman, Thourn Sinan said the award for the Best Destination would boost the nation’s global popularity.

5 BLOGGERS YOU SHOULD BE READING

When it comes to upgrade ourselves, we can use many resources. While textbooks are great for our academic study if we want to learn about someone’s life journey and be inspired by their experiences personal blogs may be the tool for you. Below are five prominent self-publishers from different industries who are actively sharing their experiences and providing good messages via their posts.

Thul Rithy: You may know him as a co-founder of the local laptop brand KOOMPI. This young tech entrepreneur is known for his tutorials on technology, but he also runs a Q&A channel. This is a platform for him to share his thoughts on any questions from his viewers. The questions span from ideas on new businesses, latest research, and environmentally friendly businesses. He believes that once an idea is shared he likes to see if his viewers can create something from it.

DUBAI STEPS UP TRADE WITH CAMBODIA AS SOUTHEAST ASIA IS TARGETED FOR TRAD GROWTH

Cambodia is cited as one of the top destinations for Dubai exports according to The Dubai Chamber of Commerce and Industry. 

This will be boosted by cost reductions resulting from the creation of more direct flights between the UAE and Southeast Asia. And it will be further driven by a push to expand exports from traditional strongholds in the Middle East and North Africa into the wider Asian marketplace.