Kiripost

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. ...

The draft Law on Financial Management 2023 is under review with the Council of Ministers and has been drawn up in response to the Cambodian economy recovering from the Covid-19 pandemic. ...

Cambodia’s Biz Fair is making a return after a pandemic-fuelled hiatus and is expected to attract 500,000 visitors to the five-day event hosted at a newly-developed stretch of coastline close to Sihanoukville. ...

ADB to support development of 2GW of solar power and study opportunities for increased solar power battery capacity. ...

China Huadian Corp’s 700-megawatt coal-fired plant in Sihanoukville has started generating energy after 72 hours of testing, aiming to help solve Cambodia’s power shortages while promoting local socioeconomic development, according to a news report. ...

The Minister of Agriculture, Forestry, and Fisheries has met with key stakeholders to establish local rice seed production to help farmers. ...

Despite food prices in Cambodia slightly decreasing in September compared to the previous month, some food products will remain expensive in the long-run, which impacts Cambodian food supplies and livelihoods. To save Cambodia from food inflation, the Kingdom needs to boost more local agricultural productions, ...

A new website dedicated to serving readers’ cravings for the essential progress of Cambodia’s digital economy has been officially launched by Meta (formerly Facebook) and Open Development Cambodia (ODC). ...

A long-term land dispute between indigenous villagers in Mondulkiri and a private company over community forests has been resolved in a ground-breaking mediation settlement – a first for Cambodia. ...

The Council of Ministers has approved a draft budget for 2023 of 39,206,205 million riels, or $9.6 billion, a 13 percent increase on 2022. ...

The pandemic has thrown additional hurdles to the media landscape as there is a quiet resignation of consuming news in the region, the head of a research centre said on Thursday, claiming people find news troublesome, problematic, and biased. ...

Cambodia has officially started exporting longan to China, after waiting for approval since August. ...

Fishermen in Kampot province are struggling amid declining fish stock, which they say is the result of illegal fishing, shrinking fishing grounds and pumping dirt into waters. ...

At yesterday’s luncheon discussing Cambodia’s startup and SME ecosystem, Vongsey Vissoth, permanent secretary of state of Ministry of Economy and Finance (MEF), said Khmer Enterprise (KE) will increase its investment portion from $5 million to $10 million as part of the nation’s Covid-19 recovery plans ...

A rice mill has signed a Memorandum of Understanding (MoU) with a Mongolian business council that aims to see Cambodia export rice to the landlocked country in the near future. ...

Cambodia has signed a Memorandum of Understanding (MoU) with Timor-Leste on air transport services, aiming to boost bilateral trade between the two countries. ...