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Fourth phase of Grand Phnom Penh breaks ground

The fourth phase of Grand Phnom Penh International City—a project that has been under construction for over 10 years—broke ground on last Saturday, injecting $10mn into the satellite city to build an additional 300 housing units...

04th December 2017

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Myanmar National Airlines to connect Bagan and Siem Reap

Myanmar National Airlines has recently applied for a license to operate a direct flight between the cities of Bagan and Siem Reap, in a bid to increase the flow of tourists to the region as part of governmental efforts to promote the cities as a single tourism destination...

30th November 2017

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Soma Group signs MOU with Aussie firm for rice exports

Local conglomerate Soma Group has signed a memorandum of understanding (MOU) with Australia-based rice exporter SunRice for exports of Cambodian rice to Australia, according to a senior official from the Ministry of Agriculture, Forestry and Fisheries (MAFF)...

29th November 2017

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Khmer Capital Microfinance becomes latest MFI

Khmer Capital Microfinance Plc became the most recent microfinance institution (MFI) in Cambodia’s crowded market, when it celebrated its official opening yesterday after obtaining a license from the National Bank of Cambodia (NBC) in July...

28th November 2017

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Nippon Express plans expansion in Cambodia

Nippon Express, a Japanese company specializing in truck, rail and air transport services, is now considering an expansion of its operations in Cambodia...

16th November 2017

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Low-cost public condo project breaks ground

Arakawa Residence, a $70mn low-cost public condominium project, broke ground yesterday, becoming the third project of its kind built in cooperation with Ministry of Land Management, Urban Planning and Construction (MLMUPC)...

10th November 2017

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CIMIA launches insurance quote platform

Cambodian Investment Management Insurance Agent (CIMIA), a subsidiary of Cambodian Investment Management, plans to launch today an insurance quote system allowing users and potential clients to get immediate access to details on an array of insurance products...

06th November 2017

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S. Korea’s Daegu Bank acquire Cam Capital for $63mn

Daegu bank has acquired 100% stake in Cam Capital Specialized Bank for $63mn, Korean media reported yesterday. The South Korean bank’s acquisition of Cambodia’s second largest specialized bank in terms of assets marked its third oversea investment after expanding into China and Vietnam...

20th October 2017

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Cargo traffic at PAS increases in first nine months of

Cargo traffic at Cambodia’s only deep-sea port Sihanoukville Autonomous Port (PAS) increased in the first nine months of 2017 with gross throughput rising 7.5% to over 3.2 million tonnes...

12th October 2017

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Smart acquires 30% stake in Sabay’s digital

Smart Axiata, Cambodia’s leading mobile operator, has acquired 30% stake in digital content and entertainment from Sabay Digital Plus in a move to strengthen its digital leadership position in the country...

10th October 2017

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