Kiripost

Cambodia recorded a nine percent year-on-year growth in foreign direct investment (FDI) at 185.7 trillion riel ($45.8 billion) in the first quarter of 2023, the National Bank of Cambodia (NBC) revealed via Twitter yesterday. ...

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. ...

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. ...

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. ...

The Ministry of Tourism (MoT) on Tuesday announced that the Cambodian People Party’s (CPP) election campaign may have led to a drop in local tourists. ...

Cambodia’s international trade performance in the first half of 2023 registered $23.69 billion, a decrease of 13 percent from $27.24 billion in the same period last year, according to a report from the General Department of Customs and Excise (GDCE) on Monday. ...

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. ...

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. ...

Huge investment potential in Cambodian sectors such as automotive, agriculture development, tourism, technology and innovation, education, logistics and supply chains, and mining have been identified in the latest investment handbook. ...

Talks are underway to promote Cambodian rice on the Alibaba platform with the aim of increasing sales by competing in the Chinese market. ...

Cambodia cemented itself as a regional leader in the finance sector when the nation signed a deal with Singapore in March to exchange consumer credit information. This marked the region’s first cross-border initiative between two countries’ credit bureaus. ...

Cambodia’s GDP is expected to grow by 5.5 percent with a low inflation rate of two percent in 2023, due to external factors and the re-opening of the economy. ...

Australia’s special envoy for Southeast Asia Nicholas Moore said his nation has a lot to offer Cambodia and the region where it sees itself as a trusted and reliable partner, according to a statement released by the Australian Embassy in Cambodia Friday. ...

By implementing sustainable practices, micro, small and medium-sized enterprises (MSMEs) can reduce their carbon footprint, minimize waste and pollution, and conserve natural resources, a business forum said on Thursday. ...

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. ...

Australia plans to support the Cambodian Government in developing an Agri-food Industrial Park (AIP) in three main provinces. This initiative is expected to benefit the Cambodian economy by generating $5.1 billion and creating 100,000 new jobs, with 50 percent of these opportunities going to women. ...

The Thai province of Buri Ram and Cambodia’s Oddar Meanchey province officially reopened the border on Tuesday. ...

The National Bank of Cambodia (NBC) has launched Cambodian Shared Switch (CSS) for convenient cross-institutional payments and integration with regional countries. ...

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. ...

Cambodia spent about $6.6 million to reward Cambodian medallists at the 32nd SEA Games and 12th ASEAN Para Games 2023, providing essential funds for awarded athletes to support their livelihoods and future training. ...

The messaging app, Telegram, has risen in popularity within Cambodia in recent years. As of early 2023, it held the title of the most popular messaging app in the country. ...

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. ...

The Ministry of Social Affairs has requested four civil society organizations who raised concerns about adoption policies to contact the ministry rather than issue a statement, with a spokesman claiming the country adheres to laws and there is no abuse that harms the interests of ...

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. ...