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Kingdom Joins ASEAN Securities Plan WEDNESDAY, MARCH 17, 2021 Intelligent . In-depth . Independent Issue Number 3628 / 4000 RIEL Kingdom joins ASEAN securities plan May Kunmakara regulates capital markets in the small “In realising the ACMF Vision 2025, eration and coordination,” it said. the rotating chair of ACMF next year. country on the island of Borneo, the action plan sets out three strate- SERC director-general Sou Socheat Ha Jong-weon, vice-chairman of HE newly-renamed Securities ACMF said in a press release. gic objectives, namely – fostering told The Post on March 16 that ACMF Cambodia Securities Exchange (CSX), and Exchange Regulator of “The action plan builds on ACMF growth and recovery with sustaina- provides ample opportunities for the stressed the importance of the action Cambodia (SERC) and its nine Action Plan 2016-2020, and was devel- bility; promoting and sustaining Kingdom’s young securities regulator plan, noting that it outlines the collec- capital-market-regulator oped with feedback from capital market inclusiveness; and strengthening and to learn from its regional counterparts tive goals and key strategic blueprints counterpartsT in ASEAN on March 15 participants and other stakeholders to maintaining orderliness and resilience. and have a chance to share knowl- for ASEAN member countries to devel- signed a new five-year Action Plan 2021- ensure [its inclusivity and relevance], “The five key priorities that support edge and train local specialists. op a sustainable capital market. 2025 for the development of the sector. particularly amid the new normal. the strategic objectives are – driving high- “The forum will serve as an avenue “ACMF is also playing another The plan was signed during the “The action plan will be presented er levels of transparency and disclosure; for us to exchange experiences with important role in integrating the 34th ASEAN Capital Markets Forum to the ASEAN finance ministers at the continuing with regulatory harmonisa- our ASEAN peers, to synthesise ASEAN capital market through vari- (ACMF) hosted via video link by Bru- ASEAN Finance Ministers Meeting to tion; intensifying capacity building; knowledge about capital markets and ous initiatives such as introducing neian central bank Monetary Author- be held at the end of March 2021 for amplifying communication and aware- to develop well-versed officials,” he ity of Brunei Darussalam, which also endorsement. ness building; and strengthening coop- said, adding that SERC will take over CONTINUED – page 6 PM urges against travel to stave off transmissions as Covid cases soar Mom Kunthear ures, including health and other administrative meas- PRIME Minister Hun Sen ures,” he said. urged the public to refrain Health ministry spokes- from non-essential travel, or woman Or Vandine also said wear a mask at all times oth- cutting off transmission from erwise, to contain the spread one person to another is the of the novel coronavirus biggest priority at this stage. which he said is circulating “How could we stop it? largely undetected. First, stay indoors. Phnom The appeal comes as the Penh residents should not Ministry of Health set a new travel to the provinces and one-day record for Covid-19 those in the provinces should infections with 105 confirmed not travel to the city. When cases on March 16, all of which we travel, we are putting our- were linked to the February 20 selves at high risk of exposure community outbreak. to the virus and the new Cov- The latest cluster included 35 id-19 variant is very active Cambodian, one Malaysian, 50 now,” she said. Chinese, 11 Vietnamese and Serey Veasna, a doctor of the Going to the mattresses eight Thai nationals, bringing Samdech Techo Voluntary A fire destroys a warehouse in western Phnom Penh’s Por Sen Chey district on Tuesday. There were 937 fires in 2020, killing 24 people and injuring 36 others, according to a report from the Ministry of Interior’s Fire Prevention Department. POLICE STORY > 3 the country’s third community Youth Doctor Association transmission cases to 915 in (TYDA), said while he was less than one month. worried about the current out- To avoid transmission, Hun break, helping others includ- Sen said everyone must strictly ing Covid-19 patients was an Chinese jab a requisite for China visa follow the “three preventions obligation he had to fulfil. and three don’ts” guideline. He also advised residents CHINA is poised to ease border a China-made jab. approve any foreign-made jabs. antine of up to three weeks. He commended volunteer to remain vigilant and stay restrictions to allow some for- The Chinese embassy in the China has also shipped its China’s vaccines have been medical staff who sacrificed indoors to prevent the virus eigners – including from the US, US said in a statement dated vaccines overseas as it works rolled out in several countries their physical and mental from spreading. India and Pakistan – back in, pro- March 15 that it would begin to blunt foreign criticism of around the world, including wellbeing in the Kingdom’s “We are here to help our peo- vided they have taken a Chinese- to process “visa applicants the initial spread of the virus Cambodia, Turkey and Indo- ongoing battle against Covid- ple, so our people should stay made Covid-19 vaccine. inoculated with Chinese Cov- from its shores. nesia. 19. He said their contribu- home to help make the situa- The country has been closed to id-19 vaccines”. The embassy statement said The Philippines received tions were of great help in tion return to normal,” he said. most foreigners since last March This would apply from this this applied to those who had 600,000 vaccine doses from saving lives. On March 16, the ministry to stem the spread of coronavi- week to those visiting the Chi- either had two doses of the vac- China two weeks ago, kick- During a press conference reported the recovery of 88 rus which it has largely brought nese mainland for work resump- cine or a single-dose at least 14 starting its inoculation drive. on March 15, health minister Covid-19 patients whose cas- under control at home, stranding tion, business travel, or for days before applying for the visa. But they are not readily avail- Mam Bunheng also called for es were linked to the February many foreigners with jobs and “humanitarian needs”, such as Chinese embassies in other able everywhere, including in public participation in the 20 community outbreak. family inside China overseas. reuniting with family members. countries including India, India or Sri Lanka. fight against Covid-19. The latest infections bring But Chinese embassies in Beijing is driving forward its Pakistan, the Philippines, Italy Still, Chinese companies are “To achieve success in the Kingdom’s Covid-19 several countries have issued inoculation plan for its vast and Sri Lanka have published still set to export nearly 400 stopping the spread of the tally to 1,430, with 609 notices saying the country will domestic population with four similar statements. million doses of home-grown virus, all citizens need to receiving ongoing treatment open visa applications to domestically produced vaccines Those arriving in China will vaccines overseas, state media strictly implement all meas- and one death. select people who have taken approved so far. But it has yet to still have to face a gruelling quar- has reported. AFP MINISTRY CALLS FOR DEMAND FROM CHINA GUARDIANS TO HELP KIDS STRETCHES PRICES OF WITH ONLINE STUDIES CAMBODIAN RUBBER NATIONAL – page 3 BUSINESS – page 6 2 THE PHNOM PENH POST MARCH 17, 2021 WWW.phnompenhpost.COM National Ex-Senator S Korea halves workers in first half from Sam Long Kimmarita ruary 13 this year, foreign migrant workers who have Rainsy party ESPITE the Covid- registered with Thailand’s 19 pandemic, the labour ministry numbered South Korean gov- 654,864, of whom 203,679 gets pardon ernment will ful- are Cambodian. Of the 203, Dfil 50 per cent of its quota of 679 Cambodian workers, Niem Chheng Cambodian applicants for 180,476 have worked un- jobs in the country in the first der employers while 23,203 ACTING head of state Say half of the year, officials said. others worked without ones Chhum has pardoned Thak In a Facebook post on and have had their visas re- Lany, a former Senator from March 15, Minister of Labour newed to work and reside the former Sam Rainsy Par- and Vocational Training Ith there legally. ty, following a request from Sam Heng said South Korea’s Loeng Sophon, a Thailand- Prime Minister Hun Sen. Ministry of Employment and based project officer for Cen- The pardon comes four Labour would accept applica- tral, urged the Cambodian years after Lany fled Cambo- tions from 22,697 Cambodian government to negotiate on dia to avoid serving her sen- migrant workers under its working conditions with the tence for criminal conviction. Employment Permit System Thai side so that Cambodian “Thak Lany, who was con- (EPS) for this year. migrant workers there can victed and sentenced to 18 “The total number of mi- receive good working condi- months imprisonment and grant workers in 2021 permit- tions similar to those in South ordered to pay a fine of eight ted to apply is 22,697. Of this, Korea. million riel [$2,000] after the 16,261 are for the industrial He added that Cambodian Supreme Court upheld her sector; 5,778 in the agricul- migrant workers in some guilty verdict on February 26, ture and livestock sector; and countries are facing unem- 2018, is hereby pardoned,” Say 658 in the construction sec- ployment and their visas had Chhum said in a royal decree. tor,” the post said. expired. They have no ability Lany was convicted by Sam Heng hoped to receive to renew their visas because the Phnom Penh Municipal Labour minister Ith Sam Heng and South Korean ambassador to Cambodia Oh Nak-young.
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