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GDCE cracks 15,000 smuggling cases in 1H22

The General Department of Customs and Excise (GDCE) has cracked down 15,631 smuggling cases, while 862 enterprises have been placed by the General Department of Taxation (GDT) on the risk list which was rejected from tax registration and returned for additional review...

05th September 2022

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Sihanoukville Port's profit rise jump 220% YoY on expansion

The state-owned Sihanoukville Autonomous Port (PAS) saw a jump in profit by 219% YoY or $7.57 million to about $11 million in the second quarter of this year compared to $3.43 million in the same period of last year, according to a senior official of the port. The official said in the second quarterly report released by PAS for 2022...

01st September 2022

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QR Cross Border Payment in other countries - ACLEDA Bank Plc.

Acleda Bank Plc has geared up its process to develop a QR Code for cross-border payment among the Asean (Association of Southeast Asian Nations), said a senior official of the bank. Commissioned by the National Bank of Cambodia (NBC), Acleda Bank Plc will develop a QR Code...

31st August 2022

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Chinese firm to build tyre factory in Cambodia

China's General Science Technology is to build a $200mn plant in Cambodia the capacity to produce 6 million passenger car tyres annually, according to the firm announcement. To be located in Sihanoukville Special Economic Zone, the plant is expected to take 15 months to complete and is set for operation in Sep 2022. Once fully operational, the plant will create...

09th June 2021

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Haystack Asia acquires 25% stake in Camboticket

Haystack Asia Capital Limited has acquired 25% stake in Camboticket, the foremost online booking platform for buses, ferries and taxis in Cambodia, Laos, Thailand and Vietnam. Camboticket was founded in 2014 with a singular mission to revolutionize Cambodia's inefficient counter booking system and bring its booming travel into the new age of online booking...

07th June 2021

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Foodpanda to expand to K. Speu province

Food delivery giant Foodpanda has announced its plan to expand into Kampong Speu province, which will mark the 11th Cambodian province in which the company has a presence. Foodpanda is one of the most successful and popular food delivery companies...

01st June 2021

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Khmer Fresh Milk to begin full production at its diary farm in Takeo

Khmer Fresh Milk Co, Ltd will begin full production at its new diary farm in Takeo province in late 2020, aiming to contribute to supplying domestic market and reducing dependence on import of milk from abroad. ...

01st September 2020

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KrisEnergy getting closer to extract first drop of oil in Cambodia

KrisEnergy Ltd, an independent oil and gas company, announced that construction of the minimum facilities wellhead platform for the Apsara oil development offshore Cambodia Block A is completed and the topsides and jacket are being transported to Cambodian waters in the Gulf of Thailand for installation. ...

27th August 2020

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PPWSA's revenue increases 31% in 2Q20

CSX-listed Phnom Penh Water Supply Authority (PPWSA) collected a total of $18.35mn in revenue in the second quarter of the year, an increase of 31.4% compared to the same period last year, according to a report filed on the CSX...

24th August 2020

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GTI's revenue falls 15% in 1Q20 due to COVID-19

Listed garment manufacturer Grand Twins International (Cambodia) Plc (GTI) reported a sharp decline in revenue in 1Q20, citing COVID-19-induced disruptions to their exports and supply chain....

14th August 2020

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