The National Bank of Cambodia and the People’s Bank of China officially launched yesterday the yuan-riel exchange rate that is believed to be important for economic and financial ties between the two countries...
15th September 2017
Sihanoukville Special Economic Zone (SSEZ), which currently boasts 110 tenants with 93 factories in operation on its 525-hectare first-phase development, is proceeding to develop infrastructure on the zone’s remaining 600 hectares, with an aim to attract nearly 200 new tenants in the next five years...
14th September 2017
Two new cement plants are expected to begin operations by the end of the year, increasing production capacity to a level that meets domestic demand, according to a state official who said the government would stop issuing new licenses in order to protect dwindling natural resources...
13th September 2017
The government is working to get geographical indication (GI) status for Siem Reap prahok in an effort to make the fermented fish paste recognized in international markets...
12th September 2017
Global Purify Power (GPP)—a joint venture involving Cambodian, Thai, and Laos investors—started last Friday groundbreaking work on its first solar power project in Kampong Speu province, as part of the company’s plan to invest $400mn to generate 225 MW of solar power...
11th September 2017
Cambodia and Thailand have officially signed a double taxation agreement (DTA) that aims to encourage bilateral investment and strengthen economic ties by avoiding dual taxation...
08th September 2017
Malaysian power infrastructure provider Pestech International plans to list its wholly-owned Cambodian subsidiary by the second quarter of 2018 in a bid to raise $18mn to expand its presence in the Indo-China region, according to Nikkei Asian Review...
07th September 2017
Multi-asset brokerage Blackwell Global yesterday started its business in Cambodia after receiving a derivative broker’s license from the Securities and Exchange Commission of Cambodia (SECC) early last year...
06th September 2017
Total number of water subscriptions continue to rise, increasing by 12,472 subscribers during the first half of 2017 or 4.0% compared to the end of 2016, and reached 321,772 subscribers at the end of June...
05th September 2017
The Ministry of Agriculture is currently conducting field trials to explore the possibility of growing Japonica rice, and expects to get the full results in three to four years, according to director-general of the Agriculture Ministry’s general directorate of agriculture Hean Vanhan...
05th September 2017
