Coporate News

Axiata to sell 10% stake in Smart Cambodia to Mitsui for $66mn

Axiata Group Berhad, one of Asia’s largest telecommunications group in Malaysia, entered into a definitive agreement with Mitsui Co Ltd, one of the largest Japanese trading houses, to sell 10% of its interests in Smart Cambodia at $66mn...

22nd May 2017

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Sihanoukville port IPO opens for subscribers

Subscription for the initial public offering of Sihanoukville Autonmous Port (PAS) opened yesterday, with its underwriter expecting a strong investor response following an oversubscribed book-building exercise late last month...

18th May 2017

Coporate News

CamboTicket receives fund for expansion

Local tech startup CamboTicket is looking to improve its bus ticket booking platform after receiving $100K in early-stage funding from Cambodia-based venture capital and project management firm OBOR Capital, its executive said yesterday...

17th May 2017

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Sihanoukville port to expand with more aid from Japan

Sihanoukville Autonomous Port (PAS), which is expected to list on the CSX by the end of this month following an initial public offering, may introduce an electronic system for handling import and export procedures with help from the Japanese government...

11th May 2017

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Sihanoukville port poise to list on CSX

Sihanoukville Autonomous Port (PAS) is poise to list on the Cambodia Securities Exchange (CSX) following a book-building process to determine what price to offer in an initial public offering (IPO)...

09th May 2017

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CPC breaks ground for oil refinery

Cambodia Petrochemical Company (CPC) yesterday broke ground for the Kingdom’s landmark oil refinery, a $1.62bn project with an updated completion date set for the middle of 2019...

05th May 2017

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Angkor Air launches first charter flight to Japan

National carrier Cambodia Angkor Air will launch its first charter flight from Siem Reap to Japan today and is considering a regular service on the route, a senior airline executive said...

03rd May 2017

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GE signs sales agreement for 135Mw coal plant

US-based General Electric (GE) signed a sales agreement yesterday to supply parts to the new 135-megawatt coal-fired plant in Preah Sihanouk province that is being constructed by a subsidiary of Toshiba...

27th April 2017

Coporate News

Railway firm eyes Cambodia

Chinese locomotive and railway equipment giant CRRC Zelc is to conduct a feasibility study into the investment potential of Cambodia to help improve the kingdom’s railway system while contributing to the One Belt One Road initiative.

25th April 2017

Coporate News

Sihanoukville port officially announces date for IPO

Sihanoukville Autonomous Port (PAS), the Kingdom’s only deep-sea port, has officially announced its initial public offering (IPO) on the Cambodia Securities Exchange (CSX), and will launch its six-day book building and...

21st April 2017