Cambodia logs top spot
Forest loss in Cambodia has accelerated faster than any other country in the world since 2001, according to a leading resource-monitoring initiative.Satellite data released by Global Forest Watch (GFW) suggest that Cambodia also has experienced the highest rate of tree-cover loss in the world over ...
Ethan Harfenist
http://www.phnompenhpost.com/national/cambodia-logs-top-spot
Cambodia’s exports to Thailand increase by 195% in 2019
Latest data from the Ministry of Commerce shows that from January to December last year, Cambodia exported some US$2.27 billion worth of products to Thailand, up 195 percent compared to a year earlier. ...
Khmer Times Staff
https://www.khmertimeskh.com/50689838/cambodias-exports-to-thailand-increase-by-195-in-2019
Kingdom’s bicycle exports top $500M
Cambodia exported bicycles worth approximately $527 million to international markets last year, up 27 percent from 2019. This establishes Cambodia as the No1 country in ASEAN and No5 globally for bicycle exports, according to data from the Ministry of Commerce. ...
Hin Pisei
https://www.phnompenhpost.com/business/kingdoms-bicycle-exports-top-500m
Trade with EAEU surges 18%
Bilateral trade between Cambodia and the Eurasian Economic Union (EAEU) was worth $67.37 million last year, marking an increase of 18.22 per cent compared to 2019’s $56.98 million, according to data from the Ministry of Commerce. ...
Hin Pisei
https://www.phnompenhpost.com/business/trade-eaeu-surges-18
Draft law on land policy for Sihanoukville approved
The government on Friday approved a draft law on management and utilization of land with the aim of developing Preah Sihanouk province into a multi-purpose special economic zone and an ASEAN green city. ...
Meas Molika
https://kiripost.com/stories/cambodia-draft-law-on-land-policy-for-sihanoukville-approved
Plans to empower women in work
Oxfam Cambodia and the Ministry of Women’s Affairs have united to identify women’s needs in order to integrate family care and social safety, with the goal of empowering women in their occupations. ...
Mao Sreypich
https://kiripost.com/stories/plans-to-empower-women-in-work
Indonesian Embassy in Phnom Penh explores agricultural cooperation with Battambang province
The Indonesian Chargé d’affaires in Phnom Penh Lauti Nia Astri and the Economic Section have visited Battambang Province to collect economic intelligence data and explore opportunities and economic cooperation, especially in food security. ...
Khmer Times Staff
https://www.khmertimeskh.com/501353280/indonesian-embassy-in-phnom-penh-explores-agricultural-cooperation-with-battambang-province/
MFIs urged to help ease flood victims' financial burden
Prime minister Hun Sen on Monday called on all microfinance institutions (MFIs) to throw a financial lifeline to people affected by flooding and defer loan repayments and ease interest rates. ...
Chhorn Raksmey
https://kiripost.com/stories/mfis-urged-to-help-ease-flood-victims-financial-burden
Draft 2023 financial law responds to post-pandemic economy
The draft Law on Financial Management 2023 is under review with the Council of Ministers and has been drawn up in response to the Cambodian economy recovering from the Covid-19 pandemic. ...
Seng Mengheng
https://kiripost.com/stories/cambodia-draft-2023-financial-law-post-pandemic-economy
Deal signed to stimulate rice exports to Mongolia
A rice mill has signed a Memorandum of Understanding (MoU) with a Mongolian business council that aims to see Cambodia export rice to the landlocked country in the near future. ...
Prak Chan Thul
https://kiripost.com/stories/deal-signed-to-stimulate-rice-exports-to-mongolia
Pandemic hits artists’ livelihoods
Artists in Cambodia have been hit hard by Covid-19, with the unemployment rate in the last half of 2022 standing at nearly 30 percent, recent research reveals. ...
Meas Molika
https://kiripost.com/stories/cambodia-pandemic-hits-artists-livelihoods
Cambodia’s cashew players’ plans to strengthen the sector for export
Cambodia’s cashew value chain has received a boost after discussions were held between Cambodia Cashew Federation (CCF) and development partners to build the nation’s nascent cashew export sector. ...
Marissa Carruthers
https://kiripost.com/stories/cambodias-cashew-players-plans-to-strengthen-the-sector-for-export
MoU provides MSMEs with easier access to finance
Cambodia Chamber of Commerce (CCC) and Credit Guarantee Corporation of Cambodia (CGCC) has signed an agreement to increase access to guaranteed loans for the growth of micro-, small-, and medium-enterprises (MSMEs) in Cambodia. ...
New tax law passed
The National Assembly on Wednesday passed a new law on taxation that has been in draft for years, as part of efforts to bolster the government’s tax collection process. ...
Seng Mengheng and Prak Chan Thul
https://kiripost.com/stories/new-tax-law-passed
PM trades Facebook for Telegram
Prime Minister Hun Sen on Wednesday announced that from now, he will stay away from Facebook, where he has 14 million followers, to use Telegram instead. ...
Yatt Malai
https://kiripost.com/stories/cambodia-pm-trades-facebook-for-telegram
Automotive and electronics sectors to receive $2b cash boost
Cambodia has unveiled plans to expand the automotive and electronics sectors in the next three years by pumping more than $2 billion into the industries, generating about 26,000 new jobs. ...
Meas Molika
https://kiripost.com/stories/cambodia-automotive-and-electronics-sectors-to-receive-2b-cash-boost
Earth Hour highlights the importance of the environment
Cambodians joined people from across the globe on Saturday to celebrate the Earth and push for more environmentally-friendly practices during the annual Power for the Hour for the Earth event. ...
Marissa Carruthers
https://kiripost.com/stories/earth-hour-highlights-the-importance-of-the-environment
Cross-border QR payments between China and Cambodia launch
The National Bank of Cambodia (NBC) and UnionPay International (UPI) signed a deal on Monday to promote cross-border payment with China and improve the use of the Khmer riel. ...
Yatt Malai
https://kiripost.com/stories/cross-border-qr-payments-between-china-and-cambodia-launch
Premium seaplane slated for take-off late-2023 to early-2024
Cambodia’s first premium seaplane service is slated to start operations in late-2023 to early-2024, initially connecting Phnom Penh with locations within a 1.5-hour flying time. ...
Marissa Carruthers
https://kiripost.com/stories/cambodia-premium-seaplane-slated-for-take-off-late-2023-to-early-2024
MoC unveils law to protect real estate customers
The Ministry of Commerce (MoC) has made an announcement on the implementation of the Law on Consumer Protection and prakas on Unfair Contract Clauses to protect consumers in the real estate and housing sectors. ...
Mon Sokeo
https://kiripost.com/stories/cambodia-moc-unveils-law-to-protect-real-estate-customers