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France’s BRED Bank launches operation in Cambodia

BRED Banque Populaire, part of the second largest banking group in France, officially launched operations in Cambodia yesterday, marking the first venture of a European bank in the Kingdom since the late 1990s...

03rd March 2017

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Poipet SEZ to import electricity from Thailand

Poipet PPSEZ Co Ltd, a wholly-owned subsidiary of Phnom Penh SEZ Plc, has reached a memorandum of understanding (MOU) with Thailand-based B.Grimm Power Public Company, allowing the company to import electricity from Thailand...

21st February 2017

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Acleda to change its logo

Acleda Bank will comply with the government’s order to redesign and replace its logo on all company materials and products to differentiate itself from the Ministry of Economy and Finance (MEF), a senior bank executive said yesterday.

20th February 2017

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TRC summons Cellcard for questioning

Telecommunication Regulator of Cambodia (TRC) summoned Cellcard operator CamGSM in for questioning over concerns that the company was engaged in predatory pricing. This comes just days after Cellcard unveiled its Osja Xchange plan...

27th January 2017

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Golden FX appoints ASKAP as second broker

Golden FX Link (Cambodia)—the first financial firm licensed by Cambodia Securities and Exchange Commission of Cambodia (SECC) as a central counterparty for derivative trading—officially appointed ASKAP Asset Management as their second broker yesterday...

19th January 2017

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Cambodia Post to launch online shopping platform

State-owned Cambodia Post will launch an online shopping platform in March in a move to tap the current rise in e-commerce activity. According to Ork Bora, director-general of Cambodia Post, the state-owned enterprise has been conducting a study on e-commerce for about a year, and decided to launch a platform that would allow...

05th January 2017

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PPAP signs land leasing agreement with Chinese firm

PPAP signed a land leasing agreement with Yunnan Sengmao Investment on Friday last week, allowing the Chinese firm to build a construction supply center on its 9.3 hectares of land in Russey Keo district. According to Hei Bavy,...

04th January 2017

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TBR Group signs $2.7bn contract for twin towers

Local real-estate company Thai Boon Roong (TBR) Group signed a $2.7bn contract with Wuhan-based Wuchang Shipbuilding Industry Group and Macao-based Sun Kian IP Holdings on Saturday to build the TBR Twin Tower World Trade Center, according to...

03rd January 2017

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Chinese consortium may build new In’t Airport for Siem Reap

The government has commissioned a Chinese consortium to build a new international airport for Siem Reap, and formed a committee to determine how to compensate Cambodia Airports, the French company...

28th December 2016

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Yuanta Securities (Cambodia) registered as LP for PPAP

The Cambodia Securities Exchange (CSX) has agreed to register Yuanta Securities (Cambodia) Plc as a liquidity provider for the common stock of Phnom Penh Autonomous Port (PPAP)...

22nd December 2016