Coporate News

Omni Navitas plans massive solar farm in Cambodia

US-based solar energy developer Omni Navitas announced a plan to set up a $500mn, 150-MW solar energy farm in Cambodia, making it the largest in Southeast Asia by capacity...

01st February 2018

Market Update

CSX index falls 1.17%

Today, the CSX index fell 1.17% from the previous close to 327.9 pts. GTI shares dropped more than 9% for a second day straight, closing at KHR3,860...

30th January 2018

Economy & Industry

Hyundai’s fruit-processing factory breaks ground

South Korea’s Hyundai Corporation Group broke ground on its $10mn factory in Kampong Speu province yesterday, in the hopes that it would enable Cambodian fruits to be shipped abroad without first being sent to Vietnam...

29th January 2018

Economy & Industry

Cambodia will still benefit from EBA

Cambodia will continue to benefit from the European Union’s Everything-but-arms (EBA) principle, according to a recent report submitted by the European Commission to the European Parliament and the European Council on...

26th January 2018

Coporate News

Amru Rice and SNV partnership hits its initial targets

The collaboration between Amru Rice and development organization SNV has borne fruit, with more than 2,000 tonnes of rice purchased from smallholder farmers stored in warehouses...

25th January 2018

Economy & Industry

Cambodia’s palm oil sector likely affected by EU

Cambodia’s nascent palm oil sector could be affected by the new proposed rules from European Union restricting the import of palm oil, but the country’s exporters is hoping that demand from Asian countries will cushion the blow...

24th January 2018

Coporate News

Morris Holdings receives funding for expansion in Cambodia

Morris Holdings Limited, a China-based manufacturer of affordable furniture, has received $26mn in the form of a convertible loan from the International Finance Corporation (IFC) to expand its operations in Cambodia and China...

23rd January 2018

Economy & Industry

VisionFund launches drought insurance

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...

22nd January 2018

Economy & Industry

MoU to boost output of cashew nuts

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...

19th January 2018

Economy & Industry

Western rail line scheduled for completion by year-end

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)...

18th January 2018