Economy & Industry

KDIC moves closer to retrieve Cambodian property assets

South Korea’s state-run deposit insurer Korean Deposit Insurance Corporation (KDIC) will open a dedicated branch office in Phnom Penh next month to advance efforts to recover Cambodian property assets linked to bankrupt Korean saving banks...

01st March 2017

Market Update

Monthly Market Summary

Shares in Phnom Penh Water Supply Authority (PPWSA) closed at KHR4,040, ending February 1.94% lower than the end of last month. February saw 5,988 shares change hands, with price fluctuating between KHR4,000 and KHR4,200...

28th February 2017

Economy & Industry

Move to transform Battambang into agro-industrial hub

Battambang, the city at the epicenter of Cambodia’s agricultural heartland that has long struggled to reward its farmers with profits and compete in the global market, is expected to transform into a regional agro-industrial hub...

27th February 2017

Market Update

Weekly Market Summary

Today, the CSX index closed unchanged at 347.4 pts and there were no executions for all the listed stocks...

24th February 2017

Economy & Industry

SMEs granted income tax exemption

Small and medium-sized enterprises (SMEs) that complete tax registration before the end of 2018 will be exempt from income tax for two years, according to a sub-decree issued yesterday...

23rd February 2017

Economy & Industry

MOC pushes for standardization of leasing sector regulations

The Ministry of Commerce (MOC) is pushing for leasing sector regulations to be internationally standardized to boost business activities domestically and internationally...

22nd February 2017

Coporate News

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

Coporate News

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

Market Update

Weekly Market Summary

Today, the CSX index rose slightly for a second day straight, up 0.70% to 360.6 pts. This morning, only 75 shares changed hands...

17th February 2017

Economy & Industry

Chinese arrivals surge 19% YoY in 2016

China is on track to overtake Vietnam as the main source of Cambodia’s tourists, according to industry insiders. The data released by Tourism Ministry showed that while Vietnamese visitors continued to top the list of international tourist arrivals in Kingdom in 2016...

16th February 2017