Economy & Industry

Cambodia to benefit from paperless trade

Cambodia yesterday signed the framework agreement on the Facilitation of Cross-border Paperless Trade in Asia and the Pacific which aims to strengthen digital trade in the region...

30th August 2017

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Economy & Industry

Factories urged to invest in latest tech and machinery

Garment Manufacturers Association in Cambodia (CMAC) has urged factory owners to invest in the latest technology and machinery to increase efficiency and become more competitive as the country shifts to higher value-added manufacturing...

29th August 2017

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Economy & Industry

SECC launches Excellence Program for SMEs

The Securities and Exchange Commission of Cambodia (SECC) launched its “Excellence Program” today with the aim to help companies develop the capacity to prepare adequate financial reports, establish proper accounting principles and learn about how the growth board can provide additional funding sources...

25th August 2017

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Coporate News

KrisEnergy finalizes oil agreement with

Singapore-listed KrisEnergy finalized yesterday the long-awaited production-sharing agreement with the Cambodian government, which paved the way for the company to develop the country’s first oil field...

24th August 2017

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Economy & Industry

CSX’s initiatives to boost trading likely to be approved soon

The CSX-proposed initiatives to boost trading on the bourse—which include block trading, termed as negotiated trading method (NTM), the introduction of market orders, and increasing the daily price limit from 5% to 10%—are expected to be approved by the Securities and Exchange Commission of Cambodia (SECC) sometime soon, according to Lamun Soleil, director of market operations at the CSX...

23rd August 2017

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Economy & Industry

First solar power project expected to be fully operational at month-end

Cambodia’s first large-scale solar power project in Bavet is still in the trial stage, but is expected to be fully operationally at the end of this month. Victor Jona, the director-general of the Ministry of Mines and Energy, said...

22nd August 2017

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Economy & Industry

Mobile operators have till Sep 1 to register all subscribers

Mobile network operators in Cambodia must give an assurance by Sep 1 that they have registered all their subscribers in accordance with a directive from the Ministry of Posts and Telecommunication and the Ministry of Interior, Telecom Regulator of Cambodia (TRC) has made a call...

21st August 2017

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Economy & Industry

NBC launches online trading platform

The National Bank of Cambodia (NBC) has officially launched a new trading platform which allows financial institutions to trade the central bank’s financial instruments like negotiable certificates of deposits (NCDs), liquidity-providing collateralized operations (LCDOs), and currency...

17th August 2017

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Economy & Industry

Moody’s says Cambodia needs to diversify exports

Global credit rating agency Moody’s Investors Services has retained Cambodia’s B2/stable sovereign rating, but said the Kingdom’s low diversification of exports puts it at a higher risk from external shocks than Vietnam...

16th August 2017

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Coporate News

Monsne Café sees fast growth

Monsne Café—Cambodian local beverage brand that offers coffee, tea and flavored drinks made with Hokkaido milk—is witnessing fast growth after launching its first mobile cart in April...

15th August 2017

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