In 2Q20, total revenue surged 31.1% YoY to KHR75.08bn. Income from construction services more than quadrupled from KHR1.21bn in 2Q19 to KHR5.47bn in 2Q20, representing 7.3% of total revenue. Meanwhile, core water sales, which represented more than 89% of total revenue, soared 27.1% to KHR67.12bn in the second quarter...
08th September 2020
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Cambodia and South Korea began on Monday the second round of negotiations on a Free Trade Agreement (FTA) that was held via video conference. Ministry of Commerce (MOC) spokesman Seang Thay said that the talks would mainly address the scope of goods that can enjoy preferential access ....
02nd September 2020
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Cambodia has relied primarily on the banking and microfinance sector to finance business growth as the Kingdom’s capital market still remains at its infancy and may not meaningfully serve as alternative financing sources to bank or MFI loans...
02nd September 2020
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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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The Cambodian government will start implementing capital gains tax collection from January 1 next year, according to the General Department of Taxation (GDT). The capital gains tax will apply to all properities and other capital investments such as leasing, stocks as well as foreign currency, applying to any profits made by transactions within these areas. ...
28th August 2020
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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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Cambodia is on track to reach its industrial development policy (IDP) goal by 2025, according to a report. In 2015, the Cambodian government introduced a 10-year IDP 2015-2025, aiming to increase the share in the industrial sector to 30% of the GDP by 2025...
26th August 2020
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Cambodia exported a total of $1.3bn worth of jewellery and precious stones to the international market in the first six months of 2020, a remarkable increase from just over $415mn last year, according to the General Department of Customs and Excise (GDCE)...
25th August 2020
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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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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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