Kiripost

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. ...

Cambodia is on track to graduate from least developed country (LDC) status by 2027, according to a new report by the Asian Development Bank (ADB) that also raises concerns about some of the challenges that lie ahead. ...

Cambodia and China have agreed to enhance the China-Cambodia Free Trade Agreement’s implementation quality, with an expert suggesting the need to push harder for trade balance. ...

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. ...

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). ...

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. ...

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. ...

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 ...

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. ...

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. ...

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. ...

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. ...

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, ...

 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. ...

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. ...

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. ...

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

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. ...

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. ...

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. ...

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

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. ...

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. ...

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. ...