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

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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

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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

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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

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Fourth phase of Grand Phnom Penh breaks ground

The fourth phase of Grand Phnom Penh International City—a project that has been under construction for over 10 years—broke ground on last Saturday, injecting $10mn into the satellite city to build an additional 300 housing units...

04th December 2017

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Myanmar National Airlines to connect Bagan and Siem Reap

Myanmar National Airlines has recently applied for a license to operate a direct flight between the cities of Bagan and Siem Reap, in a bid to increase the flow of tourists to the region as part of governmental efforts to promote the cities as a single tourism destination...

30th November 2017

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Soma Group signs MOU with Aussie firm for rice exports

Local conglomerate Soma Group has signed a memorandum of understanding (MOU) with Australia-based rice exporter SunRice for exports of Cambodian rice to Australia, according to a senior official from the Ministry of Agriculture, Forestry and Fisheries (MAFF)...

29th November 2017

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Khmer Capital Microfinance becomes latest MFI

Khmer Capital Microfinance Plc became the most recent microfinance institution (MFI) in Cambodia’s crowded market, when it celebrated its official opening yesterday after obtaining a license from the National Bank of Cambodia (NBC) in July...

28th November 2017

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Nippon Express plans expansion in Cambodia

Nippon Express, a Japanese company specializing in truck, rail and air transport services, is now considering an expansion of its operations in Cambodia...

16th November 2017

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Low-cost public condo project breaks ground

Arakawa Residence, a $70mn low-cost public condominium project, broke ground yesterday, becoming the third project of its kind built in cooperation with Ministry of Land Management, Urban Planning and Construction (MLMUPC)...

10th November 2017