Economy & Industry

Air arrivals soar 23% in 1H17

14th July 2017

Passenger arrivals at Cambodia’s three international airports soared 23% YoY in the first half of 2017, reaching 4.2 million people, according to Khek Norida, communications director of Cambodia ...

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Economy & Industry

PP-Sihanoukville expressway could start construction before year-end

13th July 2017

Construction of an expressway between Phnom Penh and Sihanoukville could start towards the end of 2017. According to Va Simsorya, spokesman for the Ministry of Public Works and Transport, studies on the road’s impact and budget have already been completed...

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Economy & Industry

Financial literacy in Cambodia still low, study finds

12th July 2017

Financial literacy in Cambodia remains low, according to a report released by the Asian Development Bank Institute (ADBI), which conducted surveys in Cambodia and Vietnam to measure the level of understanding of financial products across various segments of the population, differentiating the results by age group, income level and education...

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Economy & Industry

Lower Sesan II Dam to open ahead of schedule

11th July 2017

The Lower Sesan II Dam hydropower plant will start generating 50MW of power by October this year, four months ahead of schedule, according to a senior government official...

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Coporate News

PPSP diversifies its business activities

10th July 2017

Phnom Penh Special Economic Zone Plc (PPSP) has taken stake in two new companies as a way of its business diversification, according to a filing on the CSX...

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Economy & Industry

VAT decree frozen after mutiny

07th July 2017

Just one day after the Kingdom’s micro-lenders mutinied and said they would not implement a government directive requiring them to implement a 10% value-added tax (VAT) on fees for financial services, the General Department of Taxation (GDT) announced it would back down and temporarily suspend the controversial decree...

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Economy & Industry

EDC announces price cut for large enterprises

06th July 2017

Electricite Du Cambodge (EDC) has announced a price cut for large enterprises with capacities exceeding one megawatt. The cost will go from $0.165 per kWh to $0.14...

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Equity Report

PPAP's 1Q17 review: earnings fall 8.3% YoY on rising depreciation expense

08th June 2017

In 1Q17, container throughputs was the highest PPAP has ever handled during the first quarter of year, surging 22.3% YoY to 39,510 TEUs, resulting in a 12.8% YoY increase in container cargo volume to 308,153 tonnes...

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Equity Report

PPAP's 4Q16 Review: Net profit surges 74.8% YoY in 4Q16; 28.4% YoY in 2016

01st March 2017

Container throughput handled by PPAP in 4Q16 came to 36,884 TEUs, up 5.0% compared to the same period in 2015. While container throughput for imports rose slightly by 1.8% YoY, container throughput for exports saw a solid increase of 8.6% YoY, thanks particularly to...

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