A $42.8m project to help vulnerable adapt to climate change given green light
The Green Climate Fund (GCF) on Wednesday approved $42.8 million for FAO project PEARL to enhance the adaptive capacity of Cambodian people living along the Northern Tonle Sap Basin to cope with the threat of climate change. ...
NBC closes 104 rural credit institutions
The Coalition of Cambodia Farmers Community said on Thursday that the recent shutdown of 104 rural credit institutions that provided loans to farmers will not affect their livelihoods, saying that past interest rates were high. ...
Meas Molika
https://kiripost.com/stories/cambodia-nbc-closes-104-rural-credit-institutions
Suspended factory workers to receive allowances, says PM
Prime Minister Hun Sen said on Tuesday that the government will provide allowances to 32,000 factory workers, including 26,000 women, who have lost their jobs due to factory suspensions amid declining orders. ...
Seng Mengheng
https://kiripost.com/stories/cambodia-suspended-factory-workers-to-receive-allowances-says-pm
Strategic plan launched to address cooling
Cambodia has launched its first strategic plan on cooling, seen as one of the largest contributors to global warming, to steer the nation towards a greener and cleaner future. ...
Marissa Carruthers
https://kiripost.com/stories/cambodia-strategic-plan-launched-to-address-cooling
Australia deepens economic ties with ASEAN
Australia’s special envoy for Southeast Asia, Nicholas Moore, said that his nation will deepen economic ties with Cambodia and other regional countries in ASEAN as part of engagement with the bloc. ...
Seng Mengheng
https://kiripost.com/stories/australia-deepens-economic-ties-with-asean
Cambodia and Myanmar strongest reliant on Chinese trade in ASEAN
Cambodia and Myanmar are the ASEAN countries most strongly economically dependent on trade with China, with Australia the nation in Asia-Pacific that is most reliant on Beijing, according to the Global Peace Index 2023. ...
Meas Molika
https://kiripost.com/stories/cambodia-and-myanmar-strongest-reliant-on-chinese-trade-in-asean
Tuk Tuk drivers can register for NSSF cards
The National Social Security Fund (NSSF) on Wednesday announced it will provide NSSF cards to tuk tuk and motodop drivers, who can register to receive health insurance for a monthly contribution of 15,600 riel. ...
Mon Sokeo
https://kiripost.com/stories/cambodia-tuk-tuk-driver-can-register-for-nssf-cards
PPAP’s jan-june revenue down 19%
Phnom Penh Autonomous Port (PPAP) saw a one percent year-on-year (YOY) uplift in revenue for the month of June, coming in at $3.6 million following a continued decline in the first five months of the year. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/ppaps-jan-june-revenue-down-19
New investment law offers attractive incentives for agriculture
Cambodia’s Investment Law heralds new opportunities for investors, offering generous incentives and a focus on diversified sectors. Agriculture takes center stage with attractive tax reliefs and a vision for climate-smart practices. ...
Seng Mengheng
https://kiripost.com/stories/cambodia-new-investment-law-offers-attractive-incentives-for-agriculture
TAFTAC calls for end to unsustainable wood used to power industry
The Textile, Apparel, Travel Goods Association of Cambodia (TAFTAC) has asked its members to avoid and reduce the effect resulting from the unsustainable use of wood and charcoal, acknowledging its impact on the environment. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/taftac-calls-for-end-to-unsustainable-wood-used-to-power-industry
Report internet connection problems via MPTC speed test app - Chea Vandeth
Consumers can now use the MPTC Speed Test app, developed by the Ministry of Post and Telecommunications, to lodge immediate reports on the poor quality of internet connections to seek resolutions from the Telecommunications Regulator of Cambodia. ...
Real estate and construction sector needs reform to thrive
A White Book on Real Estate & Construction 2023 has made a raft of recommendations to enable the sector to thrive, ranging from building co-ownership, hazardous materials regulations, financial regulations, transparency on property transfer, to stronger regulatory enforcement. ...
Rov Hongseng
https://kiripost.com/stories/cambodia-real-estate-and-construction-sector-needs-reform-to-thrive
MLC Special Fund 2023 pumps $2m into nine Cambodian projects
An agreement will be be signed between Cambodia and China to pump $2 million into nine projects to create greater impact in transport and logistics, information system, food security, research, capacity building, and cultural conservation. ...
Thay Thanit
https://kiripost.com/stories/mlc-special-fund-2023-pumps-2m-into-nine-cambodian-projects
AIIB lends $100m to ACLEDA for SME loans
ACLEDA Bank Plc has borrowed $100 million from China-owned Asian Infrastructure Investment Bank (AIIB) to provide new loans to micro, small and medium enterprises, according to its latest filing with Cambodia Securities Exchange. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-aiib-lends-100m-to-acleda-for-sme-loans
Cambodia’s trade declines 1.9% to $46.82 billion in 2023
Cambodia’s international trade stood at $46.82 billion in 2023, recording a decline of 1.9 percent compared to 2022. While exports were marginally up by 1.8 percent, the imports showed a decline of five percent, according to the trade data released by the General Department of ...
Manoj Mathew
https://www.khmertimeskh.com/501421111/cambodias-trade-declines-1-9-to-46-82-billion-in-2023/
Investment in financial sector falls 28.7%
Investment in the financial sector declined by 28.7 percent in 2023, despite an increase in foreign direct investment (FDI) of 14.5 percent, according to the National Bank of Cambodia’s (NBC) 2023 annual report. ...
Mao Sreypich
https://kiripost.com/stories/investment-in-financial-sector-falls-287
Govt sets up teams to monitor development works
The Royal Government of Cambodia (RGC) Saturday announced the establishment of working groups to monitor, review and evaluate the implementation of the development plans and strategic policies of the ministries and institutions based on the slogan ‘Strengthen and Organise Individual Home’. ...
Nhean Chamrong
https://www.khmertimeskh.com/501519498/govt-sets-up-teams-to-monitor-development-works/
Crop insurance sees 40 percent boost, covers 76k farmers
Crop insurance coverage has increased more than 40 percent to cover over 76,000 farmers in the country, as per data shared at an event titled, ‘Updates of Insurance Market in Cambodia’, held on Thursday in Phnom Penh. ...
Rachel David
https://www.khmertimeskh.com/501526832/crop-insurance-sees-40-percent-boost-covers-76k-farmers/
Research travel grants
Grant Opportunities for Bachelor Research SupportBackgroundOpen Development Cambodia (ODC) is an ‘open data’ website, the first of its kind in Southeast Asia. The open data movement is based on the simple premise that data collected for public interest should be publicly available without restrictions. Information ...
Government Drops Challenge to Official Forest Cover Figure
The Forestry Administration on Thursday said it could not comment on the accuracy of new, satellite-generated maps that suggest the government has been vastly overstating the country’s forest cover. Open Development Cambodia, an open data website, on Wednesday published a series of maps using U.S. satellite ...
Zsombor Peter
http://www.cambodiadaily.com/news/government-drops-challenge-to-official-forest-cover-figure-49264/