The Asia Development Bank (ADB) announced yesterday that it will provide a $9.2mn loan to Singapore-based energy provider Sunseap Group that plans to build a large-scale solar farm in Bavet. In its press release, the ADB said the loan would take the form of a debt financing package that was co-financed by an unnamed private sector institution...
26th April 2017
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Chinese locomotive and railway equipment giant CRRC Zelc is to conduct a feasibility study into the investment potential of Cambodia to help improve the kingdom’s railway system while contributing to the One Belt One Road initiative.
25th April 2017
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At a workshop last Friday, in which officials from the Agricultural Ministry, NGOs, and farming organizations exchanged ideas on boosting the domestic vegetable market, farmers were urged to reduce their reliance on pesticides in order to address the concerns of consumers who are worried about high levels of chemicals...
24th April 2017
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Sihanoukville Autonomous Port (PAS), the Kingdom’s only deep-sea port, has officially announced its initial public offering (IPO) on the Cambodia Securities Exchange (CSX), and will launch its six-day book building and...
21st April 2017
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Vietnamese investment firm Virtue Resources plans to build a massive $200mn mixed-use development that includes a hotel, casino, and water park in the Cambodian border town of Bavet through its fully owned Malaysian subsidiary, a government official confirmed yesterday...
20th April 2017
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Cambodian rice exports grew only 3% YoY in 1Q17 despite double-digit growth in January and February due to a dramatic decline in March. According to the Ministry of Agriculture, Cambodia exported a total of 166,678 tonnes in 1Q17, up from 162,220 in 1Q16...
19th April 2017
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Record low temperatures and unseasonable rainfall over Khmer New Year holiday were an occurrence that had never been seen before, and were believed to be a glimpse into the potential, intensifying effects of climate...
18th April 2017
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Trade between Cambodia and Vietnam rose 21.2% YoY in the first two months of 2017 to about $624.1mn, according to the Vietnamese ambassador to Cambodia...
13th April 2017
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The Ministry of Tourism unveiled a master plan for the development of the industry in provinces and cities at its first quarter meeting last Thursday...
12th April 2017
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As the National Bank of Cambodia (NBC) strives to ensure the delivery of formal financial products and services to all segments of the population, the role of technology in promoting financial inclusion will be the theme of the central bank’s Fourth Annual Macroeocnomic Conference in November...
11th April 2017
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