Kiripost

Khmer riel introduced at Tokyo airport

The Khmer riel (KHR) is now available at Japan’s Tokyo Haneda Airport, meaning Japanese tourists visiting Cambodia can access the local currency, with the aim of strengthening tourism flow into the country. ...

Yatt Malai
https://kiripost.com/stories/khmer-riel-introduced-at-tokyo-airport

PPAP revenue rise to $8m, all round growth in Q1’24

Phnom Penh Autonomous Port (PPAP) posted a 7.1 percent year-on-year revenue hike at $8.1 million for the first quarter ended March 31, 2024 from $7.5 million, with container throughput climbing 20.4 percent to 93,153 TEUs (twenty-foot equivalent units). ...

Sangeetha Amarthalingam
https://kiripost.com/stories/ppap-revenue-rise-to-8m-all-round-growth-in-q124

Migrant workers in Thailand face obstacles returning home for Khmer New Year

Cambodians working in Thailand said they face challenges returning home for Khmer New Year, despite the Thai government waiving re-entry fees from April 1 to May 15. ...

Kuch Sikol
https://kiripost.com/stories/migrant-workers-in-thailand-face-obstacles-returning-home-for-khmer-new-year

Health equity fund rolled out to vulnerable citizens

The government is encouraging eligible residents to register for financing under the social protection programme, which offers Health Equity Fund cards to the elderly, people with disabilities, and vulnerable families from April 1 to 20, 2024. ...

Kuch Sikol
https://kiripost.com/stories/health-equity-fund-rolled-out-to-vulnerable-citizens

Agriculture sector jolted forwards with tax incentives

A recent announcement from the Ministry of Economy and Finance outlines a preferential tax that benefits businesses in the agriculture sector until 2025, including suspension of minimum tax payments, an exemption from income tax and the obligation to deduct tax on payments for the provision ...

Thang Sinorn
https://kiripost.com/stories/agriculture-sector-jolted-forwards-with-tax-incentives

SME bank's $50M loan scheme raises concerns for tourism businesses

Tourism players and economic experts have welcomed SME Banks’ loan scheme of more than $50 million to help Siem Reap business owners. However, while potentially improving tourism performance, concerns have been raised about mounting debt. ...

Yatt Malai
https://kiripost.com/stories/sme-banks-500m-loan-scheme-raises-concerns-for-tourism-businesses

PM outlines plans to increase education to a full day in 50 primary schools

Authorities have revealed plans to increase primary education from half a day to a full day in 50 schools to increase the level of learning, with calls being made for teachers’ pay to be increased in accordance with the additional time spent teaching. ...

Meas Molika
https://kiripost.com/stories/pm-outlines-plans-to-increase-education-to-a-full-day-in-50-primary-schools

Loans offered to struggling tourism Siem Reap businesses

The government is offering tourism-related businesses in Siem Reap struggling from the slow tourist rebound a share of a $50 million pot of loans to keep operations afloat, however, concerns have been raised that the 6.5 percent interest rate may be too high for some. ...

Yatt Malai
https://kiripost.com/stories/loans-offered-to-struggling-tourism-siem-reap-businesses

Need for open data to support people with disabilities

Relevant stakeholders gathered at the National Open Data Conference to discuss how open data about people with disabilities (PWD) can be utilised to help support the needs of the vulnerable group. ...

Rov Hongseng
https://kiripost.com/stories/need-for-open-data-to-support-people-with-disabilities

Cambodia charts 1.8b digital payments, valued at $492b in 2023

Some 1.8 billion Khmer riel and US dollar digital transactions valued at $492 billion were recorded in 2023, which rose over 600 million from 1.1 billion transactions in 2022, the National Bank of Cambodia (NBC) said on March 29. This significant increase, an economist opined, ...

Meas Molika
https://kiripost.com/stories/cambodia-charts-18b-digital-payments-valued-at-492b-in-2023

Businesses urged to prioritise riel for salary payments

 The Governor of the National Bank of Cambodia (NBC), Chea Serey, is encouraging companies and enterprise owners to offer salaries in riel, as the majority of Cambodian workers are paid in dollars. ...

Mao Sreypich
https://kiripost.com/stories/businesses-urged-to-prioritise-riel-for-salary-payments

MoU aims to elevate youth financial literacy

Financial literacy among Cambodia’s youth is slated to receive a boost after an agreement was signed between SOSORO Museum and the Association of Banks in Cambodia (ABC) to enhance youth’s educational awareness about their money affairs. ...

Mao Sreypich
https://kiripost.com/stories/mou-aims-to-elevate-youth-financial-literacy

Initiative to equip women entrepreneurs with digital skills

Women entrepreneurs are slated to have their digital skills elevated with the launch of a capacity building programme that aims to support their digital journey while bridging the gender gap. ...

Yatt Malai
https://kiripost.com/stories/initiative-to-equip-women-entrepreneurs-with-digital-skills

Authorities vow to elevate public healthcare

Chheang Ra, Minister of Health, on Monday responded to complaints raised by citizens about health care and public services. ...

Yatt Malai
https://kiripost.com/stories/authorities-vow-to-elevate-public-healthcare

$35M rural road fund to boost health and education access

The World Bank has approved a $35 million credit to help rural roads in three Cambodian provinces become more climate resilient to ensure residents have access to critical services and markets amid shifting weather patterns. ...

Marissa Carruthers
https://kiripost.com/stories/35m-rural-road-fund-to-boost-health-and-education-access

EU and Cambodia unveil $96.7M investment in four initiatives

The European Union (EU) and Cambodia have teamed up to launch four major programmes that focus on promoting sustainable value chains, energy efficiency and renewable energy, totalling $96.7 million. ...

Marissa Carruthers
https://kiripost.com/stories/eu-and-cambodia-unveil-967m-investment-in-four-initiatives

Despite progress, UNDP report reveals disparities and inequality challenges

A UNDP report has praised Cambodia for its rapid development to the medium human category, increasing a staggering 56.9 percent in two decades, but raised grave concerns about how the poorest are being left behind. ...

Yatt Malai
https://kiripost.com/stories/despite-progress-undp-report-reveals-disparities-and-inequality-challenges

Solid waste management in rural Cambodia

A study has been conducted into solid waste management in rural areas, with a White Paper released detailing obstacles and recommendations to overcome them. ...

Meas Molika
https://kiripost.com/stories/solid-waste-management-in-rural-cambodia

More than 7.5M vehicles officially certified

A total of 652,163 vehicles registered with the Ministry of Public Works and Transport (MPWT) in 2023, with a total of 7,563,395 certified transportation recorded since 1990. ...

Yatt Malai
https://kiripost.com/stories/more-than-75m-vehicles-officially-certified

Multimillion dollar investments approved in Sihanoukville

Two projects in Sihanoukville with an investment of nearly $600 million have received incentives from the Council for the Development of Cambodia and are estimated to have a positive impact on the economy of Sihanoukville. ...

Meas Molika
https://kiripost.com/stories/multimillion-dollar-investments-approved-in-sihanoukville

US Calls for improved business climate in Cambodia

The US-ASEAN Business Council has requested that Cambodia cooperate to facilitate US company investment, business, and trade in the Kingdom, particularly to improve the climate. ...

Mao Sreypich
https://kiripost.com/stories/us-calls-for-improved-business-climate-in-cambodia

PM’s Australia visit expected to stimulate trade

Prime Minister Hun Manet will make his first visit to the ASEAN-Australia Special Summit next month, with experts expecting the trip to boost trade between the two nations, as well as Australian investment in Cambodia. ...

Mao Sreypich
https://kiripost.com/stories/pms-australia-visit-expected-to-stimulate-trade

Sale of private license plates slump 11.9%

Revenue from the sale of special license plates decreased by about 11.9 percent to $16 million in 2023, with the Ministry of Public Works​ and Transport (MPWT) claiming it is a result of the global economic crisis. ...

Chhorn Raksmey
https://kiripost.com/stories/sale-of-private-license-plates-slump-119

Empowering fishing community with skills

A small community of houses sit on the edge of a tranquil stretch of river in Kampot, where ecotourism project Trapaeng Sangkae Community Fisheries has breathed new life into the area, offering residents an extra form of income while helping to conserve this delicate riverine ...

Yatt Malai
https://kiripost.com/stories/empowering-fishing-community-with-skills

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