Kiripost

Land disputes settled through mediation

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. ...

Thai Sothea
https://kiripost.com/stories/land-disputes-settled-through-mediation

$9.6 billion 2023 national budget approved

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. ...

Prak Chan Thul
https://kiripost.com/stories/96-billion-2023-national-budget-approved

Pandemic pushes public mistrust in the media

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. ...

Prak Chan Thul
https://kiripost.com/stories/pandemic-pushes-public-mistrust-in-the-media

Cambodia starts exporting longans to China

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

Meas Molika
https://kiripost.com/stories/cambodia-starts-exporting-longans-to-china

Kampot fishermen struggle to survive amid declining fish stocks

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. ...

Meas Molika
https://kiripost.com/stories/kampot-fishermen-struggle-to-survive-amid-declining-fish-stocks

Khmer Enterprise to double startup and SME investment to $10m

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 ...

Bun Tharum
https://kiripost.com/stories/cambodia-khmer-enterprise-to-double-startup-sme-investment

Deal signed to stimulate rice exports to Mongolia

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. ...

Prak Chan Thul
https://kiripost.com/stories/deal-signed-to-stimulate-rice-exports-to-mongolia

MoU to boost aviation ties with Timor-Leste

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

Mao Sreypich
https://kiripost.com/stories/mou-to-boost-aviation-ties-with-timor-leste

MFIs agree to loan repayment relief for borrowers hit by flooding

Financial institutions said on Wednesday that they will provide favorable easing to customers who have been affected by severe floods, following an appeal by Prime Minister Hun Sen. ...

Chhorn Raksmey
https://kiripost.com/stories/mfis-agree-to-loan-repayment-relief-for-borrowers-hit-by-flooding

Phnom Penh port sees 30% jump in Jan-Sept container throughput

Public listed Phnom Penh Autonomous Port (PPAP) recorded a 30 percent year-on-year jump in container throughput at 329,043 TEUs (twenty-foot equivalent unit) in the first nine months ended Sept 30, 2022 compared to 256,407 TEUs. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/phnom-penh-port-sees-30-jump-in-jan-sept-container-throughput

MFIs urged to help ease flood victims' financial burden

Prime minister Hun Sen on Monday called on all microfinance institutions (MFIs) to throw a financial lifeline to people affected by flooding and defer loan repayments and ease interest rates. ...

Chhorn Raksmey
https://kiripost.com/stories/mfis-urged-to-help-ease-flood-victims-financial-burden

AI tool to map Cambodia's vulnerabilities

The United Nations Development Programme (UNDP) has launched an Artificial Intelligence-based (AI) tool to map vulnerabilities in Cambodia and accelerate poverty reduction and the achievement of the Sustainable Development Goals (SDGs). ...

Prak Chan Thul
https://kiripost.com/stories/ai-tool-to-map-cambodias-vulnerabilities

New agriculture minister approved

Dith Tina, a former secretary of state in the Energy Ministry, has been voted the Minister of Agriculture, Forestry, and Fisheries on Friday, receiving 111 votes from members of the National Assembly. ...

Mao Sreypich
https://kiripost.com/stories/new-agriculture-minister-appointed

Tourism to bump up Cambodia’s GDP to 6.2% in 2023

Amid economic improvement with rising foreign visitors, Cambodia’s tourism recovery is expected to improve in 2023 pushing GDP to 6.2 percent.   ...

Sangeetha Amarthalingam
https://kiripost.com/stories/tourism-to-bump-up-cambodias-gdp-to-62-in-2023

Cambodian and Thai firms jointly launch robotic tech business

A new business introducing​ advanced robotic products and technology to the Cambodian market has been launched by a local conglomerate in partnership with a tech company from Thailand. ...

Kiripost staff writers
https://kiripost.com/stories/cambodian-and-thai-firms-jointly-launch-robotic-tech-business

Campaign aims to safeguard the rainforest

To mark International Day for Disaster Reduction, a group of people are launching a campaign aiming to encourage everyone in the Mekong region and beyond to safeguard the rainforest. ...

Mao Sreypich
https://kiripost.com/stories/campaign-aims-to-safeguard-the-rainforest

Investment framework key for SME sector's Covid-19 recovery

Khmer Enterprise must continue implementing co-investment frameworks and priority sectors for investment to grow the country’s SME sector in the wake of the pandemic, according to the Entrepreneurship Development Fund. ...

Bun Tharum
https://kiripost.com/stories/cambodia-edf-khmer-enterprise-for-startup-sme

Average small business loan amount rises by 250%

Small business loans are dominating banks’ loan balances, with the average borrower in Cambodia lending between $2,800 and $9,600 – a 250 percent increase. ...

Seng Mengheng
https://kiripost.com/stories/average-small-business-loan-amount-rises-by-250

Cash scheme to decrease inflation burden

The government will launch a social protection scheme to give cash to those impacted by rising inflation. ...

Mao Sreypich
https://kiripost.com/stories/cash-scheme-to-decrease-inflation-burden

500 underprivileged kids to access digital math tool

Five hundred underprivileged Cambodian kids are being given the chance to expand their education with free access to a fun math digital learning tool provided by the charity of Israel to Cambodia. ...

Meas Molika
https://kiripost.com/stories/500-underprivileged-kids-to-access-digital-math-tool

Improving Cambodia’s startup investment ecosystem

The Entrepreneurship Development Fund (EDF) held a workshop last Thursday to discuss “preliminary findings and to gather input on challenges and policy for startups and SMEs investment aspects” in Cambodia. ...

Bun Tharum
https://kiripost.com/stories/improving-cambodia-startup-investment-ecosystem

Income tax revenue hits $250m a month

Cambodia’s income tax revenue has grown to $250 million a month as the private sector continues to grow, according to Prime Minister Hun Sen. ...

Chhorn Raksmey
https://kiripost.com/stories/income-tax-revenue-hits-250m-a-month

Credit Bureau marks 10 years of service

The Credit Bureau of Cambodia (CBC) is celebrating a decade of providing the invaluable service of credit reporting in Cambodia, creating a financial system when giving out loans. ...

Prak Chan Thul
https://kiripost.com/stories/credit-bureau-marks-10-years-of-service

Tax Law slated to be passed by end of year

A new law on taxation that has been in draft for seven years is expected to be approved by parliament at the end of the year as part of efforts to bolster the government’s tax collection process. ...

Prak Chan Thul
https://kiripost.com/stories/tax-law-slated-to-be-passed-by-end-of-year

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