Kiripost

Construction investment in Cambodia totaled $5.3 billion in 2021, mainly from China, South Korea, and Japan, according to the Ministry of Land Management, Urban Planning and Construction. The ministry also revealed a total of 4,303 construction projects were approved by the government in 2021. ...

Global leaders in the finance sector are slated to gather in the Cambodian capital in September when Phnom Penh hosts the SME Finance Forum. ...

Despite the pandemic, Royal Group Phnom Penh SEZ Plc. has reported an increase in exports of $492.7 million for the first seven months of the year, marking 26 percent year-on-year (YOY) growth. ...

Cambodia has reached an agreement to receive 300,000 barrels of crude oil that was stolen by a tanker following a payment dispute with Singaporean energy​ KrisEnergy, a senior government official said on Tuesday. ...

Cambodia and Japan have signed an agreement for Tokyo to provide up to $383 million in loans to expand Sihanoukville Autonomous Port’s terminal capability. ...

Plans are in place for Cambodia to sign a $200 million loan with Japan to jointly develop Sihanoukville’s deep-sea port to enable ships that weigh up to 1,200 tons to dock. ...

Cambodia is in the process of registering a unique national domain name (.kh) that is expected to add an additional $10 million in revenue annually to the nation’s coffers, according to the Ministry of Posts and Telecommunications (MPTC). ...

Cambodia holds huge potential for Singaporean investors, who can play a role in helping the nation’s economy return to pre-pandemic levels by ploughing funds into infrastructure and other dominant sectors. ...

Cambodia and China’s bilateral trade hit more than $11 billion last year, Prime Minister Hun Sen said on Wednesday as he asked visiting Chinese Foreign Minister Wang Yi to increase economic exchange to reach $15 billion. ...

In the last three months, Cambodia paid $183 million in foreign debt, with total debt standing at $9.81 billion. However, authorities remain unconcerned, claiming funds are being funneled into investment and development. ...

Sihanoukville Special Economic Zone’s (SSEZ) exports were worth $1.3 billion during the first half of 2022, marking a year-on-year increase of almost 40 percent, according to the Ministry of Labor and Vocational Training. ...

A mobile application that serves as a tool for citizens to confidentially provide feedback about public services, including lodging complaints, has officially been launched. ...

Hong Kong-based Sunwah Group has launched a $1.5 billion real estate project in Phnom Penh, saying it will represent a new symbol of Cambodia’s high-quality life. ...

Cambodian analysts weighed in on China’s $44.4 billion real estate fund, banking on hopes that the program can raise funds to bankroll the purchase of unfinished buildings and complete their construction. ...

The homegrown Reachsa app aims to build a community of lifelong learners and inspire young Cambodians to read and share more knowledge online. ...

After starting school at the age of 18 in a class of six-year-olds, Tiv Sim made a lifelong pledge to help provide his community with access to education. ...

USAID launches $15m initiative to improve the nation’s digital skills by working with universities and private institutions to strengthen the quality of ICT curriculums and improve soft skills. ...