The Phnom Penh Post

Cash aid for poor, vulnerable households enters 12th round

As of January 24, the government has spent more than $930 million in cash support for poor and vulnerable households affected by Covid-19, with nearly 2.8 million people receiving payments. ...

Lay Samean
https://www.phnompenhpost.com/national/cash-aid-poor-vulnerable-households-enters-12th-round

Gov’t lowers 2023 growth forecast from 6.6% to 5.6%

The government has revised down its 2023 growth forecast for the Cambodian economy to 5.6 per cent versus the 6.6 per cent it put forth in October, citing uncertainty about global economic growth tied to the Ukraine conflict, climate change and the Covid-19 crisis. ...

Hin Pisei
https://www.phnompenhpost.com/national/govt-lowers-2023-growth-forecast-66-56

Cambodia, Switzerland vow to step up trade ties

Cambodia and Switzerland have pledged to further strengthen trade relations and look into establishing a bilateral free trade agreement (FTA), as import-export flows between the two countries passed the $1.4 billion mark in 2022, according to a Ministry of Commerce statement. ...

Hin Pisei and Van Socheata
https://www.phnompenhpost.com/business/cambodia-switzerland-vow-step-trade-ties

Waste management set as ‘priority’ for tourism industry, environment

Proper waste and solid waste management is a major challenge that could threaten the future of the rapidly growing tourism sector and broader economy, said stakeholders as they jointly committed to enhancing waste management in the urban and rural areas of Cambodia. ...

Sem Pisey
https://www.phnompenhpost.com/national/waste-management-set-priority-tourism-industry-environment

Capital-Poipet express rail project making headway

The preliminary results of a feasibility study to upgrade the Phnom Penh-Poipet railway into Cambodia’s first express railway indicate that the project would cost more than $4 billion and would take around four years to complete. ...

Van Socheata
https://www.phnompenhpost.com/national/capital-poipet-express-rail-project-making-headway

Waste management set as ‘priority’ for tourism industry, environment

Proper waste and solid waste management is a major challenge that could threaten the future of the rapidly growing tourism sector and broader economy, said stakeholders as they jointly committed to enhancing waste management in the urban and rural areas of Cambodia. ...

Sem Pisei
https://www.phnompenhpost.com/national/waste-management-set-priority-tourism-industry-environment

Agri minister’s proposal aims to draw fisherman into aquaculture sector

Minister of Agriculture, Forestry and Fisheries Dith Tina on January 19 met with French Development Agency (AFD) country director for Cambodia Sandrine Boucher to pitch a potential new project that could turn ordinary fishermen into bona-fide aquaculture traders. ...

Ry Sochan
https://www.phnompenhpost.com/business/agri-ministers-proposal-aims-draw-fisherman-aquaculture-sector

Cambodian exports to Canada up 17% in 2022

The Cambodia-Canada merchandise trade in 2022 was valued at $1.154 billion, soaring by 16.06 per cent over 2021, while the Kingdom’s exports to the second largest economy of the Americas accounted for 97.07 per cent, edging up by 1.08 percentage points on-year, according to the ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodian-exports-canada-17-2022

NBC: E-wallet accounts in Cambodia hit 17.9M in 2022

The number of e-wallet accounts in the Kingdom reached 17.9 million at end-December amid an acceleration in electronic payment volumes driven in part by Covid-19 anxiety, reflecting gradual fintech (financial technology) development towards achieving the government’s digital economy objectives. ...

May Kunmakara
https://www.phnompenhpost.com/business/nbc-e-wallet-accounts-cambodia-hit-179m-2022

NBC: Int’l reserves $17.8B at end-2022

The Kingdom’s international reserves ended 2022 at $17.8 billion, equivalent to seven months of import cover, compared to $20.3 billion and 8.1 months at end-2021, which pundits affirm is still high for a developing country given the recent global financial crisis, signalling positive levels of ...

May Kunmakara
https://www.phnompenhpost.com/business/nbc-intl-reserves-178b-end-2022

Cambodia, France ink political consultation deal

Cambodia’s foreign ministry and the French embassy in Phnom Penh have signed a “Joint Declaration of Intent on the Establishment of the Mechanism of Bilateral Political Consultations” between the foreign ministries of the two countries. ...

Ry Sochan
https://www.phnompenhpost.com/national-politics/cambodia-france-ink-political-consultation-deal

Gaur pair join Preah Vihear cattle herd

Two gaurs have been spotted in the Prey Lang area in Preah Vihear province, grazing amongst the cattle of local villagers. Officials have called for the protection of these two specimens. The gaur, Bos gaurus, also known as the Indian bison, is the world’s largest ...

Long Kimmarita
https://www.phnompenhpost.com/national/gaur-pair-join-preah-vihear-cattle-herd

Cambodia, Japan provide tech training for Ukrainian deminers

Japan’s foreign minister Yoshimasa Hayashi said his government will continue contributing to the reconstruction of Ukraine through demining cooperation with Cambodia and other countries. ...

Ry Sochan
https://www.phnompenhpost.com/national/cambodia-japan-provide-tech-training-ukrainian-deminers

French trade minister plans Cambodia trip

French foreign trade minister Olivier Becht’s plans to visit the Kingdom from January 24-25 have been welcomed as a major step in improving economic cooperation between the two nations, including by a senior commerce official and a leader of the local business community. ...

May Kunmakara
https://www.phnompenhpost.com/business/french-trade-minister-plans-cambodia-trip

Ministry plans issuance of mining licence for cement

The Ministry of Mines and Energy plans to issue an exploration licence to a locally registered firm, which intends to assess the suitability of northern Kampot province as a source for the minerals used in cement production. ...

Van Socheata
https://www.phnompenhpost.com/national/ministry-plans-issuance-mining-licence-cement

Rice firm plans Mondulkiri expansion

Prominent locally-owned rice miller and exporter Amru Rice (Cambodia) Co Ltd plans to set up facilities in Mondulkiri province, sourcing the grain required for production from nearby smallholder farmers to ensure remunerative prices for the staple crop, according to the company’s founder and director-general Song ...

Hin Pisei
https://www.phnompenhpost.com/business/rice-firm-plans-mondulkiri-expansion

Cambodian exports to Canada up 17% in 2022

The Cambodia-Canada merchandise trade in 2022 was valued at $1.154 billion, soaring by 16.06 per cent over 2021, while the Kingdom’s exports to the second largest economy of the Americas accounted for 97.07 per cent, edging up by 1.08 percentage points on-year, according to the ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodian-exports-canada-17-2022

NBC: E-wallet accounts in Cambodia hit 17.9M in 2022

The number of e-wallet accounts in the Kingdom reached 17.9 million at end-December amid an acceleration in electronic payment volumes driven in part by Covid-19 anxiety, reflecting gradual fintech (financial technology) development towards achieving the government’s digital economy objectives. ...

May Kunmakara
https://www.phnompenhpost.com/business/nbc-e-wallet-accounts-cambodia-hit-179m-2022

Malnutrition workshop planned for capital

The Ministry of Health, in collaboration with Helen Keller International, will organize a January 27 workshop to introduce the project “Treatment and care of children with an acute, moderate and severe malnutrition”. ...

Lay Samean
https://www.phnompenhpost.com/national/malnutrition-workshop-planned-capital

Look out for online scammers posing as sellers, interior ministry unit warns

The interior ministry’s IT department has issued a fresh warning for the public to be vigilant for scammers pretending to be legitimate online sellers. ...

Lay Samean
https://www.phnompenhpost.com/national/look-out-online-scammers-posing-sellers-interior-ministry-unit-warns

Cambodia steps up fight against human trafficking

Authorities have to-date recorded 707 reports of human trafficking in all forms into a central log, which involved the detention of 120 suspects, Minister of Interior Sar Kheng told a January 20 meeting on foreigner employment. ...

Sem Pisei
https://www.phnompenhpost.com/national/cambodia-steps-fight-against-human-trafficking

UN expert gives high marks for LGBT rights

A UN expert calls on Cambodia to legally recognise LGBT families to ensure their social integration and prevent violence and discrimination, although the Kingdom is already widely open to LGBT rights. ...

Chea Sokny
https://www.phnompenhpost.com/national/un-expert-gives-high-marks-lgbt-rights

Education ministry: 8,619 full scholarships for 2023-24

The Ministry of Education, Youth and Sport announced that they would provide over 8,000 full scholarships for students to pursue undergraduate degrees for the next academic year 2023-2024. . ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/education-ministry-8619-full-scholarships-2023-24

Banking and Financial Institutions' Code of Conduct, Lending Guidelines go into 'full implementation'

Prominent market players have affirmed that they are on board with the Banking and Financial Institutions’ Code of Conduct (BFI CoC) and associated Lending Guidelines, as well as their underlying objective to drive trust and professionalism in the field, as these sets of rules go ...

May Kunmakara
https://www.phnompenhpost.com/business/banking-and-financial-institutions-code-conduct-lending-guidelines-go-full-implementation

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