Kiripost

Cambodia has high hopes of forging a deal with the Philippines to export 1,000 tonnes of rice as a trial, the head of Cambodian Rice Federation (CRF) said on Monday after a visit to explore the market. ...

A forum on human resources in Cambodia has highlighted the need to prioritize developing high-skilled labor to grow the economy. ...

German President Frank-Walter Steinmeier is scheduled to make an official visit to Cambodia, the country’s first senior official to do so, as part of his Indo-Pacific trip to boost political and economic ties. ...

A total of $3.4 billion was collected in taxes in 2022, marking a 23.96 percent increase from 2021. ...

Cambodia’s health sector is evolving thanks in part to improved human resources and the emergence of HealthTech. Kiripost speaks to medical experts who are using technology in the form of electronic medical records to improve services nationwide. ...

More than 100 factories have suspended work due to declining orders, putting thousands of jobs at risk, a union leader said. ...

The Ministry of Commerce has earned more than $15 million to bolster the national budget, an increase of more than six percent over 2021, according to a report. ...

Cambodia’s global corruption core has slightly improved with it receiving 24 out of 100 in the 2022 Corruption Perceptions Index (CPI), which was released today by Transparency International (TI), placing it 150th out of the 180 countries. ...

Despite forecasts that inflation will fall from 6.2 percent in 2022 to 2.5 percent this year, Cambodians continue to face livelihood difficulties in the first month of 2023 as the cost of goods on the market remains high. ...

Cambodia has called on the UK to consider investing in the processing of agricultural products after noting it is an important market for Cambodia’s agricultural products and manufacturing. ...

Construction of the Phnom Penh-Poipet high-speed railway will cost more than $4 billion and take about four years to complete. ...

Battambang Airport will be upgraded to be akin to Siem Reap airport as part of plans to attract more tourists to the country. ...

Cambodia has unveiled plans to expand the automotive and electronics sectors in the next three years by pumping more than $2 billion into the industries, generating about 26,000 new jobs. ...

Authorities are being urged to legally recognise LGBT families to ensure social integration, a UN expert concluded after a 10-day visit to Cambodia. ...

Prime Minister Hun Sen said on Monday that up to 1.5 million young people, who could not afford higher education, will be able to receive free vocational training with an additional stipend as the government seeks to produce more labor skills. ...

The French trade minister is scheduled to visit Cambodia on Tuesday for a two-day trip to boost bilateral ties as part of Paris’ increasing commitment to the region. ...

A national policy to push Cambodia’s cashew industry has been approved with the aim of transforming the sector into a major global supplier. ...

After its rollout about a year ago, Cambodian banks and financial institutionals (BFIs) and members of the Cambodian Association of Finance and Technology (CAFT) have finally fully implemented the code of conduct and lending guidelines. ...

CGCC dished out more than $92 million in 985 business loans in 2022, providing a financial lifeline to companies battling against the impact of Covid-19 and global inflation. ...

An agreement has been signed for the construction of a $300 million airport on Koh Rong island, taking five years to complete. ...

The government on Friday approved a draft law on management and utilization of land with the aim of developing Preah Sihanouk province into a multi-purpose special economic zone and an ASEAN green city. ...

The General Department of Customs and Excise of Cambodia announced on Thursday that it has collected roughly $106 million from tax of vehicles between September 2021 and December 31, 2022. ...

Cambodia’s economy is predicted to grow by roughly six percent in 2023 despite global challenges, according to the National Bank of Cambodia (NBC). ...

A mix of equity and bond listings are expected to double Cambodia Securities Exchange (CSX)’s total new securities to 14 in 2023, the CSX said on Wednesday. ...