Coporate News

Singapore’s Grab officially launches operations in Cambodia

Singapore-based ride-hailing service provider Grab has officially launched operations in Cambodia, entering its eighth country in Southeast Asia and a market shared with Uber and several already entrenched local platforms...

20th December 2017

Coporate News

Thailand’s Makro opens its supermarket in Cambodia

Thai wholesaler Makro opened its first supermarket in Phnom Penh last Sunday, providing one-stop solution to a wide range of businesses...

19th December 2017

Economy & Industry

Cambodia seeking to increase exports to Eurasia

Cambodia held its first business forum with the Eurasian Economic Union (EAEU) on Saturday, seeking closer economic ties with former soviet states to expand and diversify its export destination...

18th December 2017

Economy & Industry

SMEs will be able to register business with provincial governments

From early next year, small and medium-sized enterprises (SMEs) will be able to register their business with provincial governments, an initiative aimed at promoting business registration in Cambodia...

15th December 2017

Coporate News

Phnom Penh Int’ Airport gets upgrade

Phnom Penh International Airport presented to the public yesterday its renovated arrival hall and boarding concourse, following a $26mn investment to upgrade facilities to cope with fast growth in the number of passengers...

14th December 2017

Economy & Industry

Productivity boost a must for garment and footwear sectors, report says

With the minimum wage to increase from $153 to $170, the garment and footwear sectors need to boost productivity and cut down costs if they are to remain competitive in international markets, according to a report released on Monday by ASEAN + 3 Macroeconomic Research Office (AMRO)...

13th December 2017

Economy & Industry

More than 115 new factories registered in first nine months of 2017

More than 115 new factories were registered during the first nine months of the year, creating over 50,000 jobs, according to data from the Ministry of Industry and Handicraft...

12th December 2017

Coporate News

Camcashew signs MoU with Korean firm to export nuts to S. Korea

Camcashew, a joint venture between a Cambodian and Malaysian firms, signed a memorandum of understanding with South Korea’s Naroo Marine Company Limited yesterday with the aim of exporting 10,000 tonnes of processed cashew nut next year...

08th December 2017

Economy & Industry

NBC warns of fraudulent scheme linked to cryptocurrencies

Chea Serey, director general of the National Bank of Cambodia (NBC) warned yesterday of increased fraudulent activities linked to cryptocurrencies, claiming that as the Kingdom lacks regulations surrounding their use, they remain a risky investment tool...

06th December 2017

Economy & Industry

Pig farmers hurt by illegal imports

Cambodian pig farmers are facing a mounting crisis as the price of pigs has continued to plummet due to illegal imports from Vietnam, representatives from a farmer association said yesterday...

05th December 2017