According to the Asian Development Bank (ADB) flagship report, titled “Asian Development Outlook 2017: Transcending the Middle-Income Challenge”, Cambodia’s economic growth will remain stable over the next two years at 7.1%, but the Kingdom must now...
07th April 2017
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The number of foreign tourists visiting Angkor Wat in the first quarter of the year rose 8.95% to 764,146, while ticket sales surged 51% to $30.85mn, according to a report from the state-run ticketing agency Angkor Enterprise...
06th April 2017
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State-owned Cambodia Post is ready to launch an e-commerce company by 2H17 in a move to tap the growing demand for online transactions in the Kingdom and to diversify its revenue stream, a company executive said yesterday...
05th April 2017
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Japanese-owned Il Brille, which runs two beauty salons and a shop in Phnom Penh, will invest in Cambodian silk production to supply the local market and export to Asia and the United States...
04th April 2017
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The General Department of Taxation (GDT) has announced a one-month extension to its traditional Mar 31 deadline for companies to submit their annual corporate tax filings, giving companies until Apr 30 to do so without penalty...
03rd April 2017
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Wing (Cambodia) Limited Specialized Bank, the Kingdom’s leading mobile banking services provider, signed a memorandum of understanding with City Hall yesterday to offer e-payment options for passengers using the Phnom Penh city bus service
30th March 2017
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Khmerload, a Cambodian entertainment news website modeled after American media giant Buzzfeed, becomes the first local tech startup to attract an investment from Silicon Valley investors called 500 Startups, which is a global venture capital seed fund and startup accelerator founded by PayPal and Google alumni, Dave McClure and Christine Tsai
29th March 2017
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The Ministry of Tourism issued an order last Thursday to curb price rises during big festivals in a bid to promote local tourism. The ministry told tourism operators to manage and list their services based on regulations, free market principles,...
28th March 2017
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Vietnamese state-owned diary giant Vinamilk will take a full stake of Angkor Dairy Products, better known as Angkormilk, by acquiring another 49% stake from its Cambodian partner, according to Vietnamese media...
27th March 2017
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The Cambodian Microfinance Association (CMA) announced yesterday that the National Bank of Cambodia (NBC) had tentatively agreed to a number of measures in order to help ease the burden on micro-lenders following last week’s decision to cap annual interest rates at 18% as of Apr 1...
24th March 2017
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