Kiripost

A signing ceremony will see South Korea approve a $1.5 billion loan to improve electricity in Sihanoukville and build a bridge connecting Phnom Penh with Areyksat ...

Cambodia is preparing to ink a deal that will see South Korea offer $1.5 billion in loans to further develop the kingdom’s energy sector and infrastructure. ...

The government has launched a cash support program in order to support vulnerable households because of the prolonged Covid-19, floods, and inflationary pressures. ...

Cambodia has inked a deal to explore the possibilities to export renewable energy to Singapore by 2028 as part of its long-term strategy to achieve carbon neutrality by 2050. ...

Four companies have shown interest in constructing Cambodia’s third expressway that will connect Phnom Penh with Siem Reap. ...

Cambodia has won a legal battle after legally contesting the European Commission’s decision to revoke tariffs on rice imports from the Kingdom. ...

As part of a road safety drive, the Ministry of Public Works and Transport and Ministry of Interior have set the lifespan of used vehicles allowed to be imported into Cambodia to reduce accidents and protect the environment. ...

Cambodia has requested direct flights resume between the kingdom and Japan to help further promote tourism after a two-year hiatus due to the Covid-19 outbreak. ...

A third expressway connecting Phnom Penh and Siem Reap province is being mooted, with four companies expressing interest with the Ministry of Public Works and Transportation to carry out construction. ...

The United Nations Development Program (UNDP) has donated 30 electric motorbikes and​ a car to the Ministry of Public Works and Transport as part of efforts to promote the wide use of electric vehicles (EV) in the country, as four charging stations officially open. ...

Rising non-farm earnings, such as tourism, garment and construction sectors, helped to cut Cambodia’s national poverty to 17.8 percent from 33.8 percent between 2009 and 2019, the World Bank’s latest poverty assessment report for Cambodia stated. ...

Cambodia has inked a deal with Bangladesh to export 25,000 tons of rice, with future collaboration in the pipeline. ...

Inflation is expected to soar to 7.4 percent in Q2 2022, from 2.8 percent last year, raising fears that it will seriously impact the livelihoods of the country’s most vulnerable. ...

The 9th NBC Annual Macroeconomic Conference 2022 kicked-off today, highlighting how financial institutions, particularly banks, continue to be crucial participants in funding the real economy and supporting recovery. ...

Cambodia’s economic growth for 2022 is expected to decelerate to 4.9 percent from estimates of 5.4 percent made prior to the war in Ukraine, an assessment by the UN Development Programme (UNDP) stated. ...

The Ministry of Economy and Finance has pledged to provide another $10 million in addition to a $83 million fund to purchase rice from farmers at a reasonable cost amid low prices​ to avoid selling to crooked dealers. ...

Cambodia’s Phka Romduol rice has been crowned the best rice in the world at the prestigious World Rice Forum. ...

ASEAN leaders have agreed in principle to allow Timor-Leste – Asia’s youngest nation – to become the regional bloc’s 11th member. ...

During the 40th and 41st ASEAN Summits, ADB promised to pump $100 billion into combating climate change and promote green development across the region. ...

Having contributed $844 million to the Cambodian government and pledged to continue investing in the nation’s telecommunications infrastructure, Metfone is championing the kingdom’s digital revolution. ...

Blockchain network CamDL launches this week with the aim of providing the public with a platform to experiment with blockchain technology to solve daily issues, such as managing digital assets and strengthening data protection.​ ...

The Ministry of Post and Telecommunications has signed an agreement with Viettel Cambodia (Metfone) to develop Cambodia’s telecommunications industry, develop data centers and promote other digital activities. ...

Cambodia’s export volume to China has been slipping since May, but economists feel it might not waylay Cambodia’s economic growth much ...

Regional Comprehensive Economic Partnership (RCEP) will boost trade volume by around $40 billion and increase real income by up to 2.5 percent, according to Prime Minister Hun Sen. ...