Kiripost
$20m pledged to aid marine and coastal fisheries
A $20 million agreement has been signed to boost climate resilience in Cambodia and the sustainability of marine and coastal fisheries. ...
Mao Sreypich
https://kiripost.com/stories/20m-pledged-to-aid-marine-and-coastal-fisheries
Rice farmers turn to new jobs amid tumbling prices
Some Battambang farmers are being forced to find new jobs as rice prices fall, while others are forced to continue rice farming despite the struggle. ...
Kiripost staff writers
https://kiripost.com/stories/rice-farmers-turn-to-new-jobs-amid-tumbling-prices
Call for sustainable solutions to combat climate change
During a dialogue on climate change, civil organizations made an urgent call for all sectors of society to unite to find solutions to reduce greenhouse gas emissions by switching to more renewable energies. ...
Prak Chan Thul
https://kiripost.com/stories/call-for-sustainable-solutions-to-combat-climate-change
ADB funds $361.4m for six projects in Cambodia
Six projects worth $361.4 million have been signed in order to boost science, technology, engineering, and mathematics (STEM) education, and other sectors in Cambodia. ...
Mao Sreypich
https://kiripost.com/stories/adb-funds-3614m-for-six-projects-in-cambodia
72.33% of students pass national exams
A total of 72.33 percent of students have passed their high school diploma, with students in Phnom Penh and Kandal receiving their results today while pupils in remaining provinces have to wait until tomorrow. ...
Meas Molika
https://kiripost.com/stories/7233-of-students-pass-national-exams
Tax revenue on the rise
Cambodia’s tax revenue collected rose to $3,214.06 million in the first 11 months of the year, marking a 25.29 percent year-on-year (YoY) increase, with economic analysts claiming it is due to the strengthening of tax collection policies. ...
Meas Molika
https://kiripost.com/stories/tax-revenue-on-the-rise
Cambodia’s GFT sector suffered setbacks
TAFTAC says the garment, footwear and travel goods sector needs assistance and an advisory group is urgently needed to help it rebound ...
Kiripost staff writers
https://kiripost.com/stories/cambodias-gft-sector-suffered-setbacks
Cambodian exports to Japan increase by 10.7%
In the first 10 months of 2022, Cambodia exported $1,658 million products to Japan – mostly sewing supplies, leather goods, bags and footwear – representing a 10.7 percent YOY increase ...
Mao Sreypich
https://kiripost.com/stories/cambodian-exports-to-japan-increase-by-107
Economic growth to increase to 5.2 percent in 2023
The World Bank has projected Cambodia’s economic growth will increase to 5.2 percent in 2023, aided by rising domestic consumption but slowed by slowing global trade growth ...
Mao Sreypich
https://kiripost.com/stories/economic-growth-to-increase-to-52-percent-in-2023
South Korea to approve $1.5b loan to develop Cambodia’s economy
A signing ceremony will see South Korea approve a $1.5 billion loan to improve electricity in Sihanoukville and build a bridge connecting Phnom Penh with Areyksat ...
Meas Molika
https://kiripost.com/stories/south-korea-to-approve-15b-loan-to-develop-cambodias-economy
South Korea to approve $1.5b loan to develop Cambodia’s economy
Cambodia is preparing to ink a deal that will see South Korea offer $1.5 billion in loans to further develop the kingdom’s energy sector and infrastructure. ...
Meas Molika
https://kiripost.com/stories/south-korea-to-approve-15b-loan-to-develop-cambodias-economy
Cash support program launched for vulnerable
The government has launched a cash support program in order to support vulnerable households because of the prolonged Covid-19, floods, and inflationary pressures. ...
Mao Sreypich
https://kiripost.com/stories/cash-support-program-launched-for-vulnerable
Cambodia signs deal to export renewable energy to Singapore
Cambodia has inked a deal to explore the possibilities to export renewable energy to Singapore by 2028 as part of its long-term strategy to achieve carbon neutrality by 2050. ...
Prak Chan Thul
https://kiripost.com/stories/cambodia-signs-deal-to-export-renewable-energy-to-singapore
Third expressway to connect Phnom Penh and Siem Reap
Four companies have shown interest in constructing Cambodia’s third expressway that will connect Phnom Penh with Siem Reap. ...
Meas Molika
https://kiripost.com/stories/third-expressway-to-connect-phnom-penh-and-siem-reap
Cambodia wins lawsuit opposing European Commission revoking rice import tariffs
Cambodia has won a legal battle after legally contesting the European Commission’s decision to revoke tariffs on rice imports from the Kingdom. ...
Mao Sreypich
https://kiripost.com/stories/cambodia-wins-lawsuit-opposing-european-commission-revoking-rice-import-tariffs
Limit to be set on age of imported cars
As part of a road safety drive, the Ministry of Public Works and Transport and Ministry of Interior have set the lifespan of used vehicles allowed to be imported into Cambodia to reduce accidents and protect the environment. ...
Chhorn Raksmey
https://kiripost.com/stories/limit-to-be-set-on-age-of-imported-cars
Cambodia urges Japan to reinstate direct flights
Cambodia has requested direct flights resume between the kingdom and Japan to help further promote tourism after a two-year hiatus due to the Covid-19 outbreak. ...
Meas Molika
https://kiripost.com/stories/cambodia-urges-japan-to-reinstate-direct-flights
Third expressway to connect Phnom Penh and Siem Reap
A third expressway connecting Phnom Penh and Siem Reap province is being mooted, with four companies expressing interest with the Ministry of Public Works and Transportation to carry out construction. ...
Meas Molika
https://kiripost.com/stories/third-expressway-to-connect-phnom-penh-and-siem-reap
UNDP donates 31 electric vehicles to ministry
The United Nations Development Program (UNDP) has donated 30 electric motorbikes and a car to the Ministry of Public Works and Transport as part of efforts to promote the wide use of electric vehicles (EV) in the country, as four charging stations officially open. ...
Chhorn Raksmey
https://kiripost.com/stories/undp-donates-31-electric-vehicles-to-ministry
Cambodia’s poverty rate halved in 2019
Rising non-farm earnings, such as tourism, garment and construction sectors, helped to cut Cambodia’s national poverty to 17.8 percent from 33.8 percent between 2009 and 2019, the World Bank’s latest poverty assessment report for Cambodia stated. ...
Kiripost staff writers
https://kiripost.com/stories/cambodias-poverty-rate-halved-in-2019
Cambodia to Export 25,000 Tons of Rice to Bangladesh
Cambodia has inked a deal with Bangladesh to export 25,000 tons of rice, with future collaboration in the pipeline. ...
Chhorn Raksmey
https://kiripost.com/stories/cambodia-to-export-25000-tons-of-rice-to-bangladesh
Inflation rises to 7.4 percent
Inflation is expected to soar to 7.4 percent in Q2 2022, from 2.8 percent last year, raising fears that it will seriously impact the livelihoods of the country’s most vulnerable. ...
Seng Mengheng
https://kiripost.com/stories/inflation-rises-to-74-percent
Conference throws spotlight on key role of banks
The 9th NBC Annual Macroeconomic Conference 2022 kicked-off today, highlighting how financial institutions, particularly banks, continue to be crucial participants in funding the real economy and supporting recovery. ...
Seng Mengheng
https://kiripost.com/stories/conference-throws-spotlight-on-key-role-of-banks
GDP growth to shrink to 4.9% as poverty rate inches up
Cambodia’s economic growth for 2022 is expected to decelerate to 4.9 percent from estimates of 5.4 percent made prior to the war in Ukraine, an assessment by the UN Development Programme (UNDP) stated. ...
Kiripost staff writers
https://kiripost.com/stories/gdp-growth-to-shrink-to-49-as-poverty-rate-inches-up