National Assembly approves budget for 2020
The National Assembly yesterday approved the draft Budget Law for 2020, according to which the government plans to spend $8.2bn for 2020, a 22% increase compared to 2019...
27th November 2019
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Govt and private sector to discuss home solar system
The Ministry of Mines and Energy and several local solar companies will meet today for a consultative workshop on guidelines for solar home systems (SHS). The workshop aims to gather market data, analyse examples...
26th November 2019
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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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JICA completes feasibility study on water treatment plant in Takhmao
The feasibility study for a Japan-funded water treatment plant in Takhmao city was recently finished, with construction due to begin April next year, the agency in charge of the project revealed...
21st November 2019
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PPWSA's 3Q19 review: Operating profit surges 57% YoY in 3Q19, 17% YoY in first nine months
Total number of water subscriptions has maintained a steady growth, increasing by 6,391 in 3Q19 to 386,661 at the end of September. Subscription by commercial and industrial clients saw the highest quarterly increase in the last five quarters, rising by 1,000 to 60,804 (15.7% of total). Subscriptions by households reached 319,372 (82.6% of total), or 5,395 more compared to the end of 3Q18...
21st November 2019
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Garment, textile and footwear exports increase 13% YoY in first nine months
Cambodia exported more than $7.97 billion worth of garment, textile and footwear (GTF) products in the first nine months of this year, up 13.18 per cent year-on-year from $7.04 billion, a report from the Ministry of Economy and Finance’s General Department of Customs and Excise said...
20th 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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PPAP's 3Q19 review: Net profit rises 47.1% YoY in first nine months despite 8.6% YoY drop in 3Q19
Container throughputs handled by PPAP in 3Q19 hit an all-time high of 92,494 TEUs, surging 44.4% compared to 3Q18, the highest YoY growth for quarterly throughputs the port has achieved since 2011. Container shipments during the period rose 27.5% YoY to 635,409 tons...
19th November 2019
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Insurance premium sees strong growth in 1H19
Insurance industry continues to see strong growth in the first half of 2019, according to insiders. General insurance gross premium between January and June reached $49.3mn, a 14.7% increase compared to the same period last year, while life insurance gross premium surged 55.3% to $66.3mn...
08th November 2019
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Foreign arrivals increase 10% during first nine months
The number of foreign tourists visiting Cambodia rose by 10 percent during the first nine months of the year, according to the latest report from the Ministry of Tourism, as the Chinese continue to top the list of tourist arrivals....
05th November 2019
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