Kiripost
December taxes fall by 10.3%
The General Department of Customs and Excise collected approximately $201.4 million of tax revenue in December 2023, which was less than the planned 12.25 percent target. ...
Mao Sreypich
https://kiripost.com/stories/december-taxes-fall-by-103
Cambodia's burgeoning digital banking market
The impact of digital transformation on the European banking sector and the potential for Cambodia to tap into fintech innovations were hot topics of discussion at EuroCham’s latest event. ...
Seng Mengheng
https://kiripost.com/stories/cambodias-burgeoning-digital-banking-market
The rising demand of data science skills
Skills-training center for data science, DataU Academy, has been delivering industry-high demand skills to data enthusiasts, while connecting students with employers, since 2019. ...
Rov Hongseng
https://kiripost.com/stories/the-rising-demand-of-data-science-skills
Cambodia seeks 1.7 billion SDR loan for development projects
Cambodia has unveiled ambitious plans to secure a loan of 1.7 billion in Special Drawing Rights (SDR), or $2.3 billion, in 2024 for the development of key sectors. ...
Thang Sinorn
https://kiripost.com/stories/cambodia-seeks-17-billion-sdr-loan-for-development-projects
Milled rice exports increase 3% in 2023
In 2023, Cambodia exported more than 656,000 tons of milled rice worth $466 million, marking a three percent growth in volume and 13 percent in value compared with 2022, according to Cambodia Rice Federation (CRF). ...
Yatt Malai
https://kiripost.com/stories/milled-rice-exports-increase-3-in-2023
Global economy will slow for a third straight year in 2024, World Bank predicts
That is the picture sketched by the World Bank, which forecast Tuesday that the world economy will expand just 2.4% this year. That would be down from 2.6% growth in 2023, 3% in 2022 and a galloping 6.2% in 2021, which reflected the robust recovery ...
Kiripost staff writers
https://kiripost.com/stories/global-economy-will-slow-for-a-third-straight-year-in-2024-world-bank-predicts
PM to make official visit to Bangkok
Prime Minister Hun Manet will make an official visit to Bangkok on February 7 to discuss ways to boost trade and investment with his Thai counterpart Srettha Thavisin, according to Thai media. ...
Yatt Malai
https://kiripost.com/stories/pm-to-make-official-visit-to-bangkok
CDC okays projects valued $5b in 2023
Up to $4.9 billion of total investment capital for 268 investment projects have been approved by the Council for the Development of Cambodia (CDC) in 2023, with some 307,000 jobs created, according to its statement on Wednesday. ...
Thang Sinorn
https://kiripost.com/stories/cdc-okays-projects-valued-5b-in-2023
Census reveals Cambodia’s business landscape
The Economic Census 2022 has revealed that the number of establishments operating in Cambodia has jumped 49 percent in the last decade, with about 99 percent owned by Cambodians. ...
Chhorn Raksmey
https://kiripost.com/stories/census-reveals-cambodias-business-landscape
Lack of Enforcement, ESG Reporting Standards Apparent in Gold Mining Ops
A recent report on gold mining operations in Cambodia has kicked up inadequacies in reporting standards and absence of enforcement, revealing a huge lag in environmental, social and governance (ESG) practices in the industry. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/lack-of-enforcement-esg-reporting-standards-apparent-in-gold-mining-ops
Cambodia sees almost 3.3m people celebrate New Year
Almost 3.3 million people celebrated ringing in the new year, with Phnom Penh the most popular destination, according to the Ministry of Tourism (MoT). ...
Yatt Malai
https://kiripost.com/stories/cambodia-sees-almost-33m-people-celebrate-new-year
300,000 students benefit from school feeding program
More than 300,000 Cambodian students in nine provinces have received meals under the School Feeding Program, which aimed to reduce the number of dropouts in 2023. ...
Mao Sreypich
https://kiripost.com/stories/300000-students-benefit-from-school-feeding-program
Unlocking the potential of energy efficiency
Cambodia has pledged to reduce energy consumption by at least 19 percent by 2030 as part of the nation’s clean energy transition. At Clean Energy Week, industry players took to the stage to explore how to achieve this. ...
Marissa Carruthers
https://kiripost.com/stories/unlocking-the-potential-of-energy-efficiency
Collaboration aims to bolster Cambodia’s cashew sector
The Cambodian government, European Union (EU), and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) have joined forces to provide technical assistance for cashew cultivation, aiming to enhance the cashew industry’s growth and sustainability in the country ...
Mon Sokeo
https://kiripost.com/stories/collaboration-aims-to-bolster-cambodias-cashew-sector
Project upscales to improve access to public services
On Monday, the Australian Embassy, World Bank, the National Committee for sub-National Democratic Development Secretariat (NCDDS) and World Vision International in Cambodia (WVI-C) launched the next phase of the Implementation of Social Accountability Project (ISAF). ...
Meas Molika
https://kiripost.com/stories/project-upscales-to-improve-access-to-public-services
EU offers $7m grant to elevate fisheries sector
The European Union (EU) has announced plans to pump almost $7 million to support Cambodia in reforming its fisheries sector. ...
Mao Sreypich
https://kiripost.com/stories/eu-offers-7m-grant-to-elevate-fisheries-sector
Prey Lang designated a red zone
Minister of Mines and Energy, Keo Rottanak, has declared Prey Lang a protected area, effectively prohibiting the issue of new licenses for mining companies. ...
Thang Sinorn
https://kiripost.com/stories/prey-lang-designated-a-red-zone
Six million people celebrate waater festival
Tob Sopheak, Ministry of Tourism (MoT) spokesperson, said on Wednesday that the three-day Water Festival attracted about six million revelers, including 73,000 foreigners. ...
Chhorn Raksmey
https://kiripost.com/stories/six-million-people-celebrate-water-festival
Campaign calls for end to violence against women
A total of 20 civil society organizations, unions and other associations have united to launch a 16-day campaign calling for an end to violence against women and girls for economics, social fairness and justice. ...
Yatt Malai
https://kiripost.com/stories/campaign-calls-for-end-to-violence-against-women
MFIs to restructure tourism, real estate loans
Microfinance institutions have been asked to conduct loan restructuring on a case-by-case basis for clients who face difficulties in the Siem Reap tourism sector, real estate and other industries. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/mfis-to-restructure-tourism-real-estate-loans
PM pushes ahead with Cambodia vision 2030
Prime Minister Hun Manet laid out plans for Cambodia to graduate to an upper-middle income country by 2030 and strengthen the nation’s resilience and sustainability beyond then at the Cambodia Outlook Conference 2023. ...
PichBormey Chhim PichBormey
https://kiripost.com/stories/pm-hun-manet-pushes-ahead-with-cambodia-vision-2030
Balancing Cambodia’s power grid
Strengthening and modernizing Cambodia’s power grid is key to supporting the nation’s energy transition, while providing a sustainable and stable electricity supply, experts stated during a Clean Energy Week session. ...
Marissa Carruthers
https://kiripost.com/stories/balancing-cambodias-power-grid
Men urged to play stronger role in childcare
A total of 95 percent of Cambodian women are involved in childcare, impacting their ability to take up full-time jobs, according to an ADB report. In response, men are being urged to play a role caring for their kids and for the government to provide ...
Meas Molika
https://kiripost.com/stories/men-urged-to-play-stronger-role-in-childcare
World Bank approves $163m water and sanitation project
According to a statement from the World Bank on November 22, to assist Cambodia in its efforts to strengthen water and sanitation services, the project will reach more than 175,000 people in the target provinces of Battambang, Pursat, Mondulkiri and Kandal. ...
Chhorn Raksmey
https://kiripost.com/stories/world-bank-approves-163m-water-and-sanitation-project