Kiripost

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. ...

Government representatives and industry leaders in Cambodia are joining forces to explore opportunities for a circular textile economy, aiming to address the pressing challenges in waste management within the textile industry. ...

ChatGPT, a generative artificial intelligence (AI) chatbot developed by OpenAI, provides many new opportunities, yet concerns have been raised over copyright issues as it seems unclear who owns the generated content: the users, tech companies or data owners? ...

The capital’s sole water concessionaire, Phnom Penh Water Supply Authority, saw increased net profit and revenue between January and March this year ...

A waste summit is slated to take place in the capital this month to address why separating waste is important. ...

A surge in land sales has helped tycoon Kith Meng’s Phnom Penh SEZ Plc (PPSP) to return to the black, posting $5.7 million net profit in the first quarter ended March 31 (Q1’23) after suffering a $680,743 net loss a year ago. ...

A $3 million project is being rolled out in Mondulkiri with the aim of improving income, food security and nutrition of more than 1,200 smallholder farmers ...

Cambodia marked the 30th Press Freedom Day with the participation of civil society organizations, diplomats, journalists and Ministry of Information representatives. ...

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. ...

Businesses involved in post-harvest fisheries received a raft of green and innovative technology, equipment and materials necessary to make business operations and production more effective and efficient. ...

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. ...

The Ministry of Economy and Finance (MEF) and Canada-headquartered ABA Bank signed a Memorandum of Understanding (MoU) today to collaborate within the framework of digital economy and financial technology development in Cambodia. ...

The Kingdom will host its inaugural Cambodia Youth Internet Governance Forum to bridge the technology divide among the younger generation as part of its continued digitalization drive. ...

Although a multitude of risks grey Cambodia’s outlook this year, gross domestic product (GDP) growth is forecast a tad higher at 5.5 percent from an estimated 5.2 percent in 2022, according to the Asian Development Bank (ADB) earlier this month. ...

Mekong countries, including Cambodia, are not equipped for a major surge in international tourists as they struggle to recover from pandemic-fuelled job losses, a lack of skilled workers, and meet the rising demands of visitors, a regional tourism leader has warned. ...

Cambodia’s General Department of Taxation (GDT) collected $20.91 million in value-added tax (VAT) on e-commerce transactions in the first quarter of 2023. ...

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. ...

Increasing inflation and a reduced labour force are just two of the challenges Cambodia’s agriculture sector faces today, according to the head of EuroCham’s Agriculture Committee. ...

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. ...

The Council for the Development of Cambodia (CDC) has approved two investment projects worth nearly $40 million to develop two islands in Koh Kong and Preah Sihanouk provinces. ...

Due to the slower global economic recovery and conflicts between Russia and Ukraine, the government has issued guidelines aimed at maintaining the stability of the construction and real estate sector, considered a priority sector to support overall economic growth in Cambodia. ...

The National Bank of Cambodia (NBC) and NPCI International Payments Limited (NIPL) have signed a Memorandum of Understanding (MOU) to promote cross-border payments and remittances between Cambodia and India. ...

The Cambodian government has adopted a new strategy for the garment, footwear and travel goods (GFT) sector that focuses on strengthening human resources, improving working conditions, promoting investment in high-value industries, and attracting investment in supportive industries. ...

Commerce Minister, Pan Sorasak, said on Tuesday that a border trade agreement with neighbouring Vietnam will bring mutual benefits, improving people’s living conditions along the border and creating favourable trade conditions. ...