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2,534 high-rise buildings completed by 2022

According to a study issued on December 27, the Ministry of Management stated that from 2000 until November this year, 2,534 high-rise structures were constructed, including 1,674 in Phnom Penh, 685 in Sihanoukville, 131 in Banteay Meanchey, and 43 in other places. Among the high-rise buildings, ...

Mao Sreypich
https://kiripost.com/stories/2534-high-rise-buildings-completed-by-2022

Cambodia’s goods exports to US rise nearly a quarter on-year to $8.2B

Cambodia and the US traded goods worth $8.510 billion in the first 11 months of 2022, marking gains of 21.79 per cent on-year, with Cambodian exports to the world’s largest economy accounting for a 96.56 per cent share, according to the General Department of Customs ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodias-goods-exports-us-rise-nearly-quarter-year-82b

Int’l visitors top 1.9M in Jan-Nov, on track to hit full-year target

Cambodia welcomed more than 1.914 million international visitors in the first 11 months of 2022, up nearly 12-fold on-year, in an improvement largely attributed to effective pandemic management and the relatively early adoption of a “Living with Covid” approach. ...

Hin Pisei
https://www.phnompenhpost.com/business/intl-visitors-top-19m-jan-nov-track-hit-full-year-target

Sihanoukville port’s earnings fall 2.75%

According to a report issued by Sihanoukville Autonomous Port, it earned more than 85,117 million riels, equivalent to roughly $65 million, in the first nine months of 2022, marking a 2.75 percent decrease from the same period in 2021. ...

Mao Sreypich
https://kiripost.com/stories/sihanoukville-ports-earnings-fall-275

Poipet fire kills 26 and injures 57

The blaze that tore through a Poipet casino has killed 26 people and injured 57, with most of the victims Thai, Banteay Meanchey Provincial Governor Oum Reatrey said. ...

Chhorn Raksmey
https://kiripost.com/stories/poipet-fire-kills-26-and-injures-57

Official accused of monkey smuggling in the US on bail

Agriculture Ministry official, Masphal Kry, who was arrested in the United States for smuggling endangered monkeys, has been released on bail, the Cambodia’s Ministry of Agriculture, Forestry and Fisheries said. ...

Meas Molika
https://kiripost.com/stories/official-accused-of-monkey-smuggling-in-the-us-on-bail

US embassy welcomes PM to strengthen bilateral ties

US Ambassador W. Patrick Murphy welcomed Prime Minister Hun Sen to the U.S. Embassy in Phnom Penh in a move that aims to strengthen bilateral relations into 2023. It added that the United States has welcomed Cambodia’s leadership of ASEAN during a year of “global ...

Marissa Carruthers
https://kiripost.com/stories/us-embassy-welcomes-pm-to-strengthen-bilateral-ties

Condo oversupply persists amid low FDI and foreign buyers

Total foreign direct investment (FDI) to the real estate sector peaked at $3.6 billion in the years preceding Covid-19, where half of the approved investments was backed by Chinese investors. In 2019 alone, FDI financing in the property and real estate development in Cambodia stood around ...

Sangeetha Amarthalingam
https://kiripost.com/stories/condo-oversupply-persists-amid-low-fdi-and-foreign-buyers

SME Bank loans top $432M, help at least 3,260 businesses

The state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) has disbursed more than $432 million in loans to at least 3,260 SMEs, to keep them from going under during the height of the Covid-19 crisis, and subsequently to help them reopen and ...

May Kunmakara
https://www.phnompenhpost.com/business/sme-bank-loans-top-432m-help-least-3260-businesses

Cambodia may start building high speed rail as early as 2023

Construction on high-speed rails in the Kingdom could begin as soon as next year, with studies well underway on the conversion of existing railway and the creation of two new lines – one of which runs to the Vietnamese border – to optimally boost rail ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-may-start-building-high-speed-rail-early-2023

Hun Sen instructs ministries and authorities to complete land registration for citizens by 2023

Prime Minister Hun Sen instructs relevant ministries and authorities to accelerate land registration for citizens to solve land issues and implement the task of clearing land in the Tonle Sap Lake area for the people to be ready by 2023. ...

Pich Sotheary and Khan Leakhena
https://www.vodkhmer.news/2022/12/28/hun-sen-instructs-authorities-to-complete-land-registration-for-citizens-by-2023/

2022 under review

Cambodia bid farewell to 2022 with fireworks and parties, bringing an end to a year of several tragedies that have killed dozens of people. ...

Prak Chan Thul
https://kiripost.com/stories/cambodia-2022-under-review

460 families adjacent to new airport ask authorities for land title over fear of forced evictions

About 460 families living in Ndok commune, Kandal Stung district and Kampong Samnang commune, Takhmao city, which is adjacent to the airport under construction, requested Kandal provincial governor gives them land title as they fear forced evictions after airport staff and local authorities went to ...

meng-kroypunlok
https://www.vodkhmer.news/2022/12/27/460-families-adjacent-to-new-airport-ask-authorities-for-land-title/

Cambodia-China trade reaches $14.5b

Cambodia-China trade volume hit $14.5 billion, up 19 percent from the previous year, Prime Minister Hun Sen said. ...

Mao Sreypich
https://kiripost.com/stories/cambodia-china-trade-reaches-145b

Community zones, land titles planned inside protected areas

The government will take nearly 1 million hectares out of protected areas across the country to create “community zones” with land titles, but the exact locations of these areas — and who will get titled land — are still unclear. ...

Danielle Keeton-Olsen
https://vodenglish.news/community-zones-land-titles-planned-inside-protected-areas/

2022 marks another fruitful year of Cambodia-China cooperation

The year of 2022 marked another fruitful year of pragmatic cooperation between Cambodia and China as the two countries have enjoyed bigger trade and investment volumes, officials and academics said. ...

Khmer Times Staff
https://www.khmertimeskh.com/501212286/2022-marks-another-fruitful-year-of-cambodia-china-cooperation/

Ten new projects to create more than 8,000 jobs: CDC

The Council for the Development of Cambodia (CDC) notices issued month-to-date reveal that it has greenlit 10 new projects worth nearly $50 million, mostly involved in garments, footwear and packaging. ...

May Kunmakara
https://www.phnompenhpost.com/business/ten-new-projects-create-more-8000-jobs-cdc

Over 20,000 businesses featured on Single Portal

A total of 20,574 companies, with cumulative “registered share capital” of $5.77 billion, were successfully registered on the Online Business Registration Platform – also known as the “Single Portal” – as of December 26 at 2pm, the Online Business Registration Service (“OBRS”) reported. ...

Hin Pisei
https://www.phnompenhpost.com/business/over-20000-businesses-featured-single-portal

Acquisition of islands: Cambodian officials buy almost exclusive beaches in some islands in Koh Kong province

Rich in corals, sea creatures, and palm trees, Koh Sdach, located on the west and southwest coast of Cambodia, has long attracted tourists and investors with its beautiful white sand beaches. ...

Gerald Flynn, Andy Ball, and Vutha Srey
https://khmer.cambojanews.com/island-shopping-cambodian-officials-buy-up-the-cardamoms-coast/

First export of ‘pra’ fish to China seen January at earliest

The inaugural export of Cambodian iridescent shark catfish to China has again been delayed, and is now expected to take place as soon as next month, as the only authorised exporter takes care of some final formalities, according to Ministry of Agriculture, Forestry and Fisheries ...

Bor Pich Zelin
https://www.phnompenhpost.com/business/first-export-pra-fish-china-seen-january-earliest

New Year sees over two million tourists nationwide

With the country having controlled the spread of Covid-19, Cambodians and foreigners were able to celebrate the New Year and more than two million tourists were recorded in two days. ...

Khmer Times Staff
https://www.khmertimeskh.com/501212322/new-year-sees-over-two-million-tourists-nationwide/

Families seek clarity after displacement rumors related to the Kandal Stung mega-airport project

Some 200 villagers living in Kandal province’s Kandal Stung district and Takhmao town gathered at Kandal City Hall on Tuesday demanding to know whether they would be joining the hundreds of others who are being displaced by the new Phnom Penh International Airport. ...

Sorn Sarath
https://cambojanews.com/families-seek-clarity-after-displacement-rumors-related-to-the-kandal-stung-mega-airport-project/

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