Malaysian motorcycle maker enters Cambodian market
DNC Asiatic Holdings Sdn Bhd, a Malaysian manufacturer of motorcycles, will ship 25,000 units of its Demak model to the Kingdom this year, in a deal worth $56mn...
12th January 2018
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Industry experts optimistic on property sector in 2018
Experts and investors in the property sector have shown their optimism about the Kingdom’s real estate market in 2018, expressing confidence in the sector’s viability. Ann Sothida, country director of CBRE Cambodia...
11th January 2018
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ADB provides $180mn in loans and grants to Cambodia
The Asian Development Bank (ADB) yesterday signed a $180mn package of loans and grants to Cambodia that are meant to improve the country’s roads, water supply and small-scale farms...
10th January 2018
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Microfinance non-performing loan rate rises to 2% at end of 2017
According to the National Bank of Cambodia’s 2017 Annual Report, microfinance institutions (MFIs)’ rate of nonperforming loan—loans where payments are more than 30 days overdue—reached 2% at the end of 2017, up from slightly more than 1% at the end of 2016...
09th January 2018
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Cambodia more independent of energy imports
The introduction of two new power plants in the country last year saw Cambodia inch towards self-sufficiency in its electricity supply even as energy consumption grew 14%, the Ministry of Mine and Energy (MME) said yesterday...
05th January 2018
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NCAC seeking support to continue operations
The National Commercial Arbitration Centre (NCAC) is seeking further support from the Commerce Ministry to continue operating, saying that fees collected from dispute claims are too small to cover the center’s costs...
04th January 2018
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Water taxi system expected to be ready by Khmer New Year
A public transport system based on boats, known as water taxis, for the capital is expected to be ready by April, in time for Khmer New Year, official said. The envisioned waterway passenger system will be...
03rd January 2018
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Angkor ticket sales jump 72.5% in 2017
Revenue from the sales of entrance tickets at the Unesco-listed Angkor Archeological Park in Siem Reap province jumped 72.5% in 2017, reaching $107.9mn. With the growth in foreign visitors being only moderate...
02nd January 2018
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Agricultural project receives $66mn new funding for extension
Tonle Sap Poverty Reduction and Smallholders Development (TSSD) will receive additional $66mn from the government and international funders for the next several years, after the success in its initial seven-year period...
29th December 2017
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MOC announces 19% surge in exports
According to the Ministry of Commerce (MOC)’s annual report, the value of exports under the Generalized System of Preferences—which gives Cambodia favorable trade terms with developed countries—totaled $9.55bn, a 19.22% increase compared to last year...
28th December 2017
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