International tourists to Cambodia through the three airports decreased by 92%
The number of foreign tourists visiting Cambodia through the three international airports in the first seven months of 2021 was about 50,000, down more than 92 percentage compared to the same period in 2020. According to data from the Ministry of Tourism. ...
Hin Pisei
https://www.postkhmer.com/business/2021-09-06-1435-223076.html
Low production, campaigns burn tobacco exports
Cambodia exported 4,294.05 tonnes of tobacco in the first 11 months of 2021, dipping by 24.42 per cent year-on-year, of which 98.108 per cent was exported to Vietnam, according to Ministry of Agriculture, Forestry and Fisheries data. ...
Hin Pisei
https://www.phnompenhpost.com/business/low-production-campaigns-burn-tobacco-exports
2021 Korea trade tops $965M
Bilateral trade between Cambodia and South Korea reached $965.132 million last year, a 9.015 per cent surge from $885.322 million in 2020, according to data from the Korea International Trade Association (Kita). ...
Hin Pisei
https://www.phnompenhpost.com/business/2021-korea-trade-tops-965m
Rubber latex, wood exports worth over $77M in Jan-Feb
Cambodia netted more than $77 million from rubber latex and wood exports in the first two months of 2022, according to data released by the Ministry of Agriculture, Forestry and Fishery’s General Directorate of Rubber. ...
Hin Pisei
https://www.phnompenhpost.com/business/rubber-latex-wood-exports-worth-over-77m-jan-feb
Jan-Oct agricultural exports bring in over $3B: ministry
Cambodia earned nearly $3.070 billion from agricultural exports in the first 10 months of this year, preliminary data based on exporters’ invoices released by the Ministry of Agriculture, Forestry and Fisheries showed. ...
May Kunmakara
https://www.phnompenhpost.com/business/jan-oct-agricultural-exports-bring-over-3b-ministry
German president to visit Cambodia to bolster bilateral ties
German President Frank-Walter Steinmeier is scheduled to make an official visit to Cambodia, the country’s first senior official to do so, as part of his Indo-Pacific trip to boost political and economic ties. ...
Prak Chan Thul
https://kiripost.com/stories/german-president-to-visit-cambodia-to-bolster-bilateral-ties
GDP growth to shrink to 4.9% as poverty rate inches up
Cambodia’s economic growth for 2022 is expected to decelerate to 4.9 percent from estimates of 5.4 percent made prior to the war in Ukraine, an assessment by the UN Development Programme (UNDP) stated. ...
Kiripost staff writers
https://kiripost.com/stories/gdp-growth-to-shrink-to-49-as-poverty-rate-inches-up
$10m fund to buy rice from struggling farmers
The Ministry of Economy and Finance has pledged to provide another $10 million in addition to a $83 million fund to purchase rice from farmers at a reasonable cost amid low prices to avoid selling to crooked dealers. ...
Meas Molika
https://kiripost.com/stories/10m-fund-to-buy-rice-from-struggling-farmers
Future plans to create subways to ease capital’s traffic unveiled
Transport in Phnom Penh is slated for vast improvement in the future as plans to construct subways are unveiled. However, skytrains to connect the capital with other provinces have been ruled out. ...
Chhorn Raksmey
https://kiripost.com/stories/future-plans-to-create-subways-to-ease-capitals-traffic-unveiled
Improving Cambodia’s startup investment ecosystem
The Entrepreneurship Development Fund (EDF) held a workshop last Thursday to discuss “preliminary findings and to gather input on challenges and policy for startups and SMEs investment aspects” in Cambodia. ...
Bun Tharum
https://kiripost.com/stories/improving-cambodia-startup-investment-ecosystem
Pandemic pushes public mistrust in the media
The pandemic has thrown additional hurdles to the media landscape as there is a quiet resignation of consuming news in the region, the head of a research centre said on Thursday, claiming people find news troublesome, problematic, and biased. ...
Prak Chan Thul
https://kiripost.com/stories/pandemic-pushes-public-mistrust-in-the-media
Biz Fair to attract 500,000 visitors to Cambodia’s coast
Cambodia’s Biz Fair is making a return after a pandemic-fuelled hiatus and is expected to attract 500,000 visitors to the five-day event hosted at a newly-developed stretch of coastline close to Sihanoukville. ...
Marissa Carruthers
https://kiripost.com/stories/biz-fair-to-attract-500000-visitors-to-cambodias-coast
Bilateral political consultations start between France and Cambodia
The first session of the Bilateral Political Consultations between Cambodia and France took place on Monday, discussing a wide range of issues, including economic and political ties, the Ministry of Foreign Affairs and International Cooperation said on Wednesday. ...
Prak Chan Thul
https://kiripost.com/stories/bilateral-political-consultations-start-between-france-and-cambodia
USAID launches campaign to encourage early childhood development
USAID has launched a campaign in Siem Reap that aims to support young children to thrive and reach their full developmental potential by promoting nurturing care from male and female caregivers. ...
Marissa Carruthers
https://kiripost.com/stories/cambodia-usaid-launches-campaign-to-encourage-early-childhood-development
Sihanoukville in line to become leading international port hub
The Transport Minister said on Monday that Sihanoukville will be transformed into a regional and international port hub, pledging three new container ports of $973 million where people can exchange goods and attract investors. ...
Chhorn Raksmey
https://kiripost.com/stories/cambodia-sihanoukville-in-line-to-become-leading-international-port-hub
More than one million vehicles travelled on Chinese-invested expressway in Cambodia in 3 months
More than 1 million vehicles had travelled on Cambodia’s first-ever expressway in the first three months since its inauguration in October last year, according to data released by the freeway operator on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501212948/more-than-one-million-vehicles-travelled-on-chinese-invested-expressway-in-cambodia-in-3-months/
Cambodia’s garment exports to Australia increase
Australia’s clothing imports from Cambodia have bucked the general trend of a decrease, with imports in the first quarter of 2023 increasing to $42.575 million compared with the same period last year. ...
Seng Mengheng
https://kiripost.com/stories/cambodias-garment-exports-to-australia-increase
Bak Kheng water treatment plant is inaugurated
Prime Minister Hun Sen on Monday officially inaugurated Bak Kheng Water Treatment Plant in Phnom Penh’s Chroy Changvar district, and pledged to provide solutions to water scarcity faced by residents during the dry season. ...
Mon Sokeo
https://kiripost.com/stories/cambodia-bak-kheng-water-treatment-plant-is-inaugurated
Contracts signed with farming families and rice production groups
A series of contracts have been implemented by 40 communities and six production groups, including a memorandum of understanding (MoU) with a microfinance institution to guarantee payment at harvest time to 2,236 farming families. ...
Meas Molika
https://kiripost.com/stories/contracts-signed-with-farming-families-and-rice-production-groups
Access to finance, rise of the riel and inflation, with CBC
Since its establishment in 2012, Credit Bureau Cambodia (CBC) has helped drive the nation’s economic growth while providing a transparent and responsible lending landscape. This in turn has helped increase investment and access to finance nationwide. ...
Marissa Carruthers
https://kiripost.com/stories/credit-bureau-cambodia-ceo-on-access-to-finance-rise-of-riel-inflation