Kiripost

Two companies to invest $40 million in Cambodian islands

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. ...

Seng Mengheng
https://kiripost.com/stories/two-companies-to-invest-40-million-in-cambodian-islands

Guidelines issued to stabilize construction and retail sector

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. ...

Mao Sreypich
https://kiripost.com/stories/cambodia-guidelines-issued-to-stabilize-construction-and-retail-sector

MoU signed for India-Cambodia cross-border payments

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. ...

Meas Molika
https://kiripost.com/stories/mou-signed-for-india-cambodia-cross-border-payments

Strategy aims to strengthen garment sector

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. ...

Seng Mengheng
https://kiripost.com/stories/cambodia-strategy-aims-to-strengthen-garment-sector

Border trade agreement with Vietnam presents huge benefits

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. ...

Yatt Malai
https://kiripost.com/stories/cambodia-border-trade-agreement-with-vietnam-presents-huge-benefits

Exports fall 5.7% to $5.4 billion

Cambodia’s exports declined by 5.7 percent in the first quarter of 2023, with the value of goods exported standing at $5.4 billion compared with $5.8 billion in 2022, according to data released by the General Department of Customs and Excise. . ...

Seng Mengheng
https://kiripost.com/stories/cambodia-exports-fall-57-to-54-billion

Siem Reap hotels 90% full for KNY

About 90 percent of hotel and guesthouse rooms in Siem Reap province are booked during the upcoming Khmer New Year, during the 10-year anniversary of the Angkor Sangkranta festival. ...

Meas Molika
https://kiripost.com/stories/siem-reap-hotels-90-full-for-kny

Cambodia’s tourism roadmap

As Cambodia prepares to host this year’s Mekong Tourism Forum (MTF) in Sihanoukville, Minister of Tourism, Thong Khon, has unveiled Cambodia’s targets for tourism, aviation expansion plans, and encouraging tourists to explore beyond the hubs of Siem Reap and Phnom Penh. ...

Marissa Carruthers
https://kiripost.com/stories/cambodias-tourism-roadmap

PM appointed honorary president of Cambodia Oknha Association

Prime Minister Hun Sen has urged Cambodia Okhna Association to strengthen its solidarity to assist society and charity works, while accepting the position of Honorary President. ...

Mao Sreypich
https://kiripost.com/stories/pm-appointed-honorary-president-of-cambodia-okhna-association

Cambodians urged to take health measures against heat

The Ministry of Health on Monday advised citizens to adhere to precautions to stay safe during the summer heat, urging people to drink water to stay hydrated and avoid consuming alcohol. ...

Yatt Malai
https://kiripost.com/stories/cambodians-urged-to-take-health-measures-against-heat

Cambodia approves five power development projects

Five large-scale solar and hydropower plant projects have been given the green light, providing Cambodia with an additional 520 MW of energy. ...

Seng Mengheng
https://kiripost.com/stories/cambodia-approves-five-power-development-projects

Private investors sought for $55m ecotourism project

Private sector investment is being sought for a $55 million project to develop sustainable eco-tourism in the Cardamom Mountains and Tonle Sap area. ...

Marissa Carruthers
https://kiripost.com/stories/cambodia-private-investors-sought-for-55m-ecotourism-project

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

YEAC signs MoU to strengthen Cambodia’s SMEs

The Young Entrepreneurs Association of Cambodia has signed an MoU with four major institutions to further develop the nation’s small and medium enterprises ...

Kiripost staff writers
https://kiripost.com/stories/yeac-signs-mou-to-strengthen-cambodias-smes

Rise in booze consumption prompts fresh calls for alcohol advert ban

A rise in alcohol consumption has triggered concerns over young teenagers, with organization urging the government to ban beer advertisements to curb the problem. ...

Meas Molika
https://kiripost.com/stories/cambodia-rise-in-booze-consumption-prompts-fresh-calls-for-alcohol-advert-ban

Power plan focuses on renewable energy

Cambodia’s Power Development Plan 2022-2040 outlines plans to boost the nation’s network, inject more renewable energies into the grid, push energy efficiency measures and deliver affordable and reliable electricity ...

Seng Mengheng
https://kiripost.com/stories/cambodia-power-plan-focuses-on-renewable-energy

Ratanakiri governor seeks airport investment

Ratanakiri provincial officials have appealed to foreign investors to build a new airport on a 1,400-hectare plot of land in Lumphat district to attract tourism ...

Chhorn Raksmey
https://kiripost.com/stories/cambodia-ratanakiri-governor-seeks-airport-investment

Economy to grow 5.5% in 2023 and 6% by 2024

Cambodia’s economy is forecast to grow at 5.5 percent in 2023 and 6 percent in 2024, due to a stronger tourist rebound and faster growth in the services sector, according to a report by Asian Development Bank (ADB). ...

Mao Sreypich
https://kiripost.com/stories/cambodia-economy-to-grow-55-in-2023-and-6-by-2024

Urgent call not to waste water amid shortages

Phnom Penh Water Supply Authority (PPWSA) on Friday appealed to the population and businesses not to waste water as the capital city and Takhmau town face a shortage of water. ...

Prak Chan Thul
https://kiripost.com/stories/cambodia-urgent-call-not-to-waste-water-amid-shortages

Social health insurance scheme extended to Tuk-Tuk drivers

The National Social Security Fund (NSSF) is rolling out a pilot of its Social Health Insurance scheme for tuk-tuk drivers in the capital in April as part of a move to extend social security coverage to the nation’s informal workers. ...

Marissa Carruthers
https://kiripost.com/stories/cambodia-social-health-insurance-scheme-extended-to-tuk-tuk-drivers

AFD pledges $435m for Cambodian development projects

AFD has pledged to pump its largest amount of funding to date into Cambodia in the form of $435 million to fund a raft of projects, with priority given to water and sanitation, agriculture, energy and vocational training sectors. ...

Marissa Carruthers
https://kiripost.com/stories/afd-pledges-435m-for-cambodian-development-projects

Pandemic hits artists’ livelihoods

Artists in Cambodia have been hit hard by Covid-19, with the unemployment rate in the last half of 2022 standing at nearly 30 percent, recent research reveals. ...

Meas Molika
https://kiripost.com/stories/cambodia-pandemic-hits-artists-livelihoods

Water shortages plague Phnom Penh residents

Residents living in areas of Phnom Penh have been plagued with water shortages, causing them to splash out up to 30,000 riels a week ...

Chhorn Raksmey
https://kiripost.com/stories/cambodia-water-shortages-plague-phnom-penh-residents

Call for stakeholders to facilitate PP-SR expressway study

The Ministry of Public Works and Transport (MPWT) has urged the capital and provincial governors to intervene and facilitate the Phnom Penh-Siem Reap Expressway project study. ...

Mao Sreypich
https://kiripost.com/stories/cambodia-call-for-stakeholders-to-facilitate-pp-sr-expressway-study

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