Coporate News

Express Food Group to bring Thai BBQ restaurant chain to Cambodia

Express Food Group (EFG), a subsidiary of Bangkok-based RMA Group, will open its first Thai-based Bar B Q Plaza restaurant brand in Phnom Penh’s Aeon Mall by the end of this month, according to the company’s announcement yesterday...

15th June 2017

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Economy & Industry

Cambodia moves closer to establishing local bond market

Cambodia is moving closer to establishing a corporate bond market that would give local companies a new debt instrument to raise capital to fund operations and expansion...

14th June 2017

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Coporate News

Jet Group to expand night market

Jet Group, the owner of Cambodia’s first-ever container night market, said it is investing an additional $500,000 to expand the open-air facility with an annex scheduled to open next month...

13th June 2017

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Coporate News

Au Bon Pain plans to expand into Cambodia

The Au Bon Pain bakery chain is to expand into Cambodia, Laos, Myanmar, and Vietnam (CLMV) by the end of the year to serve the growing middle class in the region, according to an announcement by Mudman Plc, the authorized Thai franchisee of the Au Bon Pain bakery chain...

12th June 2017

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Economy & Industry

Cambodia urged to adopt innovative economic strategies

A report, published earlier this week by Germany’s Deutsche Bank, urges Cambodia to ditch its antiquated growth model and adopt more innovative economic strategies that better respond to rapid changes in the global economy...

09th June 2017

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Coporate News

Sihanoukville port gets listed on CSX today

Sihanoukville Autonomous Port (PAS) listed on the Cambodia Securities Exchange (CSX) today after it managed to raise about $27mn through the biggest initial public offering (IPO) the exchange has ever seen...

08th June 2017

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Equity Report

PPAP's 1Q17 review: earnings fall 8.3% YoY on rising depreciation expense

In 1Q17, container throughputs was the highest PPAP has ever handled during the first quarter of year, surging 22.3% YoY to 39,510 TEUs, resulting in a 12.8% YoY increase in container cargo volume to 308,153 tonnes...

08th June 2017

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Economy & Industry

VAT on banking services described as inefficient

The new prakas (regulation) that identifies five financial activities eligible for an exemption from the 10% value-added tax (VAT) potentially exposes other banking services, which were previously understood to be under the blanket definition of nontaxable supplies, to VAT...

07th June 2017

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Economy & Industry

Construction of Thai Boon Roong’s Twin Trade Center set for August

The construction of Thai Boon Roong’s Twin Trade Center is set to kick off in August after the initial plan for mid-2017, said Tous Sophoeun, deputy secretary general of Board of Architects Cambodia (BAC) and one of the architects working on the twin towers’ design...

06th June 2017

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Economy & Industry

Business outlook still positive despite commune election

Cambodia’s business environment retained a positive outlook during the commune elections held yesterday, with members of Cambodia’s business community expecting the Kingdom’s economy to benefit from continued political stability...

05th June 2017

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