Economy & Industry

VisionFund launches drought insurance

22nd January 2018

e Microfinance Institution VisionFund International has launched an insurance program that will cover families affected by drought, according to a company statement released last Thursday...

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Economy & Industry

MoU to boost output of cashew nuts

19th January 2018

Cambodia’s Ministry of Agriculture and Vietnam Cashew Association signed a memorandum of understanding (MoU) this week that aims to bolster the production of cashews nuts in Cambodia to reach 1 million tonnes a year...

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Economy & Industry

Western rail line scheduled for completion by year-end

18th January 2018

The western rail line linking Phnom Penh to Poipet on the Thai border is scheduled for completion by the end of this year, according to a new dateline set in a report from the Ministry of Public Works and Transport (MPWT)...

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Economy & Industry

SECC warns against investment in cryptocurrencies

17th January 2018

The Securities Exchange Commission of Cambodia (SECC) yesterday warned the public against investing in cryptocurrencies such as Bitcoin, arguing there is no regulation in place to manage the use of digital coins...

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Economy & Industry

Govt approves plan to build new airport for Phnom Penh

15th January 2018

According to a document from the Council of Ministers, dated December 21, the Cambodian government has approved an investment proposal from Cambodian Airport Investment Co Ltd (CAI) to build a $1.5bn, 2,600- hectare airport in Kandal province’s Kandal Steung district, about 30 kilometer south of Phnom Penh...

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Coporate News

Malaysian motorcycle maker enters Cambodian market

12th January 2018

DNC Asiatic Holdings Sdn Bhd, a Malaysian manufacturer of motorcycles, will ship 25,000 units of its Demak model to the Kingdom this year, in a deal worth $56mn...

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Economy & Industry

Industry experts optimistic on property sector in 2018

11th January 2018

Experts and investors in the property sector have shown their optimism about the Kingdom’s real estate market in 2018, expressing confidence in the sector’s viability. Ann Sothida, country director of CBRE Cambodia...

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Equity Report

Employer representatives unhappy with draft amendments to Labor Law

16th January 2018

Representatives of private sector are dissatisfied with the draft amendments to Cambodia’s Labor Law, which would overhaul the regulations surrounding working contracts and guaranteed employee protections...

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Equity Report

3Q17 review: earnings jump 44.6% YoY

12th December 2017

In 3Q17, container throughputs handled by PPAP surged 21.9% YoY, reaching a record high of 59,425 TEUs. As a result, container cargo volume soared 42.0% YoY to 477,901 tonnes during the three-month period...

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