The International Financial Corporation (IFC), the World Bank’s lending arm, disclosed in a statement dated last Wednesday a proposal to invest up to $20mn in...
07th May 2018
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Singapore-based KrisEnergy plans to invest $39.4mn in Cambodia this year, aiming to produce oil from offshore Block A oil deposit next year, according to the company’s 2017...
04th May 2018
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Railway service connecting the provincial capitals of Battambang and Banteay Meanchey provinces was launched last Sunday, following the opening of a 48-kilometer track...
02nd May 2018
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L’attrait, a new condominium building funded with $18mn from Japanese investors, broke ground yesterday in BKK. Standing 26 floors tall, the new project expected for...
27th April 2018
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The first cassava-processing plant in Ratanakiri will operate at full capacity next month and will produce 300 tonnes...
26th April 2018
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The 9.25-ha stretch of riverfront from the capital’s Night Market to the Chroy Changvar bridge was reclassified from state-public land to state-private land last month, according...
25th April 2018
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The Royal Group’s Royal Sands Koh Rong hotel on Monday marked its official launch as the first luxury resort on Cambodia’s most visited island. The hotel, which has been..
23rd April 2018
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South Korea’s Industrial Bank of Korea (IBK) has announced that it will open a representative office in Phnom Penh this year. IBK will become the third Korean bank to be...
20th April 2018
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Australia-based mining company Geopacific Resources has confirmed the discovery of gold and silver deposits at its Prospect 118 site at the company’s Kou Sa project in...
19th April 2018
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Cambodia’s economy is expected to grow by 6.9% this year according to a report issued by the World Bank. Cambodia’s forecasted growth rate was the highest of the 14...
13th April 2018
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