Yuanta

Coporate News

New Japanese condo building breaks ground

L’attrait, a new condominium building funded with $18mn from Japanese investors, broke ground yesterday in BKK. Standing 26 floors tall, the new project expected for...

27th April 2018

Economy & Industry

Cassava factory in Ratanakiri to operate at full capacity

The first cassava-processing plant in Ratanakiri will operate at full capacity next month and will produce 300 tonnes...

26th April 2018

Economy & Industry

Land on PP’s riverfront available for investment

The 9.25-ha stretch of riverfront from the capital’s Night Market to the Chroy Changvar bridge was reclassified from state-public land to state-private land last month, according...

25th April 2018

Coporate News

Royal Group’s luxury hotel on Koh Rong island official opens

The Royal Group’s Royal Sands Koh Rong hotel on Monday marked its official launch as the first luxury resort on Cambodia’s most visited island. The hotel, which has been..

23rd April 2018

Coporate News

Industrial Bank of Korea to open a rep office in PP

South Korea’s Industrial Bank of Korea (IBK) has announced that it will open a representative office in Phnom Penh this year. IBK will become the third Korean bank to be...

20th April 2018

Coporate News

Geopacific discovers gold in Northern Cambodia

Australia-based mining company Geopacific Resources has confirmed the discovery of gold and silver deposits at its Prospect 118 site at the company’s Kou Sa project in...

19th April 2018

Economy & Industry

World Bank: Cambodia’s economy expected to grow by 6.9% in 2018

Cambodia’s economy is expected to grow by 6.9% this year according to a report issued by the World Bank. Cambodia’s forecasted growth rate was the highest of the 14...

13th April 2018

Economy & Industry

Siem Reap’s hotel tops list of 2018 Best Hotels in the world

Viroth’s Hotel, based in Siem Reap, has come out top of the 2018 Best Hotels in the world for travelers, as rated by TripAdvisor. “Chic, tranquil, green and luxurious...

10th April 2018

Economy & Industry

Waterway taxi comes into service

The first waterway taxi came into service last Friday, carrying people from northern part of the city south to Takhmao city in Kandal province. Three water taxis are in service...

09th April 2018

Coporate News

Tomato Specialized Bank acquired by KB Card

Tomato Specialized Bank has been acquired by South Korea’s KB Kookmin Card Co for $10.8mn. The transaction was carried out after a long search for a buyer following the...

06th April 2018