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PESTECH lists its shares on CSX

Power Transmission provider PESTECH (Cambodia) Plc successfuly listed its on the CSX on Wednesday, becoming the seventh company to do so. For its initial public offering (IPO), the company issued 3.9 miilion new shares or 5.26% of its enlarged total shares at the price of $0.76 per share....

13th August 2020

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Click Payment raises $3.7mn seed funding

Phnom Penh-based fintech start-up Click Payment (Cambodia) Plc announced on Wednesday that it raised $3.7mn in round-one seed funding from global partners and investors. The fund was led by Openway and Poems Pte Ltd, the investment holding company of Singapore financial house Phillip Capital Pte Ltd, which has more than $35bn under management....

06th August 2020

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Cambodia Post resumes delivery service

State-owned mail service provider Cambodia Post on Monday resumed limited express delivery after a nearly five-month long COVID-19 hiatus. On March 12, Cambodia Post suspended all international shipments during the intensifying crisis....

05th August 2020

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Estate Xchange to offer real estate and properties marketplace

Estate Xchange (Cambodia) Plc, with Morgan Group as its strategic partner, will offer a new marketplace for real estate and properties trading. Speaking at the grand opening and signing ceremony, Ros Sovantha, the company’s CEO said...

22nd November 2019

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Local startup “Clik” featured in Fintech100’s “Emerging 50”

Cambodia’s local startup “Clik” – a digital payments service aggregator based in Phnom Penh—was featured in the “Emerging 50” section of this year’s Fintech100 for the first time.

19th November 2019

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Chip Mong Group acquires Grand Phnom Penh

Chip Mong Land, a subsidiary of Chip Mong Group Co Ltd, has acquired Grand Phnom Penh International City Co Ltd (GPPIC), the developer of the Grand Phnom Penh International City project, at an undisclosed price...

18th October 2019

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Cargo traffic at PAS up 18% YoY

Cargo traffic at Sihanoukville Autonomous Port (PAS) rose 18% YoY during the first nine months of 2019, according to the company CEO Lou Kim Chhun. President of the Cambodia Freight Forwarders Association (CAMFFA) Sin Chanthy said that...

17th October 2019

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NagaWorld’s gross gaming revenue reaches $1.29bn in first nine months

NagaWorld earned nearly $1.29bn in gross gaming revenue in the first nine months of 2019, up 20% YoY, according to GGRAsia citing a report filed at the Hong Kong Stock Exchange...

10th October 2019

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Metfone earns $2.2bn in revenue over 10 years

Vietnamese military telecom firm Metfone has earned an accumulated revenue of more than $2.2bn during its 10 years of operation in Cambodia with accumulated profit reaching $300mn, according to a Viet Nam News report...

25th February 2019

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NagaWorld casino earns $390mn in net income in 2018

NagaWorld casino earned $390.6mn in net income in 2018, a 53% increase YoY. Listed on the Hong Kong stock exchange, NagaCorp Ltd released its annual financial report for last year, showing a 55% increase in gross gaming revenue to $1.4bn...

18th February 2019

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