Economy & Industry

US to assess food standards in Cambodia

The US is going to assess sanitary and phyto-sanitary standards in Cambodia, opening up the opportunity for Cambodian agricultural products to be exported to the world’s largest economy...

14th August 2017

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Economy & Industry

Central bank to relocate temporarily

The head of office of the National Bank of Cambodia (NBC) on Norodom Blvd would be temporarily moved to a building in Phnom Penh Thmey commune in Sen Sok district, as the government plans to renovate the central bank’s current premises to accommodate more staff...

11th August 2017

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Economy & Industry

Exports to US grow 4.5% YoY in 1H17

Cambodian exports to the US from January to June totaled $1.36bn, up 4.5% YoY compared to the same period in 2016, which saw decline by almost 13% YoY, according to the latest US government census trade data...

10th August 2017

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Economy & Industry

Emergency rice loan fund raised to $50mn for this year

The government is pumping more money into its emergency rice loan fund ahead of next month’s rice harvest, raising the fund’s total capital to $50mn for this year...

09th August 2017

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Coporate News

Pi Pay handles more than 100,000 transactions over past month

Just one month into operation, the mobile payment platform Pi Pay has already handled more than 100,000 transactions at 150 merchant locations across Phnom Penh, processing over $1mn, according to the company CEO...

08th August 2017

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Coporate News

Thai manufacturer to bring vending machines to Cambodia

Thai firm Pudcha will partner with local firm Khmer Klean to bring the latest self-service vending machines to Cambodia as part of a franchise deal...

07th August 2017

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Economy & Industry

Business information center set up for SMEs

The Young Entrepreneurs Association of Cambodia (YEAC) in partnership with the Cambodia Women Entrepreneurs Association, Cambodia Chamber of Commerce and Mekong Business Initiative (MBI) yesterday launched a groundbreaking Business Information Center (BIC) to facilitate and expedite the start-up process for new businesses...

04th August 2017

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Economy & Industry

Government approves draft directive on corporate bond issuance

The government has approved three draft directives on corporate bonds that will pave the way for the issuance of the debt security, a new capital market tool allowing companies to raise funds for expansion, debt refinancing, or acquisitions, according to government officials...

03rd August 2017

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Economy & Industry

FDI inflows into banking sector rises on new banks and higher caps

The inflows of foreign direct investment (FDI) into the Kingdom’s banking sector nearly doubled in 1H17 as two heavyweight players entered the local market and lending institutions responded to revised minimum capital requirements, a central bank official said yesterday...

02nd August 2017

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Coporate News

Globalcam partners with Malaysia’s Mahdi for expressways

Cambodia’s Globalcam Project Development Ltd entered into an agreement yesterday with Malaysia’s Mahdi Holdings Investment to jointly build expressways across the Kingdom...

01st August 2017

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