Economy & Industry

National Assembly approves budget for 2020

The National Assembly yesterday approved the draft Budget Law for 2020, according to which the government plans to spend $8.2bn for 2020, a 22% increase compared to 2019...

27th November 2019

Economy & Industry

Govt and private sector to discuss home solar system

The Ministry of Mines and Energy and several local solar companies will meet today for a consultative workshop on guidelines for solar home systems (SHS). The workshop aims to gather market data, analyse examples...

26th November 2019

Coporate News

Estate Xchange to offer real estate and properties marketplace

Estate Xchange (Cambodia) Plc, with Morgan Group as its strategic partner, will offer a new marketplace for real estate and properties trading. Speaking at the grand opening and signing ceremony, Ros Sovantha, the company’s CEO said...

22nd November 2019

Economy & Industry

JICA completes feasibility study on water treatment plant in Takhmao

The feasibility study for a Japan-funded water treatment plant in Takhmao city was recently finished, with construction due to begin April next year, the agency in charge of the project revealed...

21st November 2019

Economy & Industry

Garment, textile and footwear exports increase 13% YoY in first nine months

Cambodia exported more than $7.97 billion worth of garment, textile and footwear (GTF) products in the first nine months of this year, up 13.18 per cent year-on-year from $7.04 billion, a report from the Ministry of Economy and Finance’s General Department of Customs and Excise said...

20th November 2019

Coporate News

Local startup “Clik” featured in Fintech100’s “Emerging 50”

Cambodia’s local startup “Clik” – a digital payments service aggregator based in Phnom Penh—was featured in the “Emerging 50” section of this year’s Fintech100 for the first time.

19th November 2019

Economy & Industry

Insurance premium sees strong growth in 1H19

Insurance industry continues to see strong growth in the first half of 2019, according to insiders. General insurance gross premium between January and June reached $49.3mn, a 14.7% increase compared to the same period last year, while life insurance gross premium surged 55.3% to $66.3mn...

08th November 2019

Economy & Industry

Foreign arrivals increase 10% during first nine months

The number of foreign tourists visiting Cambodia rose by 10 percent during the first nine months of the year, according to the latest report from the Ministry of Tourism, as the Chinese continue to top the list of tourist arrivals....

05th November 2019

Economy & Industry

Six agro startups join Impact Hub’s incubator programme Six

Six local agricultural startups have chosen to join the DakDam Incubator Programme, gaining $5,000 in funding and access to mentors. Run by Impact Hub Phnom Penh and supported by HEKS Cambodia and the Swiss Agency for Development and Cooperation (SDC), the programme is designed for...

01st November 2019

Economy & Industry

Rubber production up 23% in first nine months of 2019

Rubber production in Cambodia rose 23% in the first nine months of 2019, reaching 173,072 tonnes according to the latest official report. The average price during the period saw a 2% drop, selling for around $1,335 per tonne, the General Directorate of Rubber said...

25th October 2019