According to a document from the Council of Ministers, dated December 21, the Cambodian government has approved an investment proposal from Cambodian Airport Investment Co Ltd (CAI) to build a $1.5bn, 2,600- hectare airport in Kandal province’s Kandal Steung district, about 30 kilometer south of Phnom Penh...
15th January 2018
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DNC Asiatic Holdings Sdn Bhd, a Malaysian manufacturer of motorcycles, will ship 25,000 units of its Demak model to the Kingdom this year, in a deal worth $56mn...
12th January 2018
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Experts and investors in the property sector have shown their optimism about the Kingdom’s real estate market in 2018, expressing confidence in the sector’s viability. Ann Sothida, country director of CBRE Cambodia...
11th January 2018
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The Asian Development Bank (ADB) yesterday signed a $180mn package of loans and grants to Cambodia that are meant to improve the country’s roads, water supply and small-scale farms...
10th January 2018
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According to the National Bank of Cambodia’s 2017 Annual Report, microfinance institutions (MFIs)’ rate of nonperforming loan—loans where payments are more than 30 days overdue—reached 2% at the end of 2017, up from slightly more than 1% at the end of 2016...
09th January 2018
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The introduction of two new power plants in the country last year saw Cambodia inch towards self-sufficiency in its electricity supply even as energy consumption grew 14%, the Ministry of Mine and Energy (MME) said yesterday...
05th January 2018
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The National Commercial Arbitration Centre (NCAC) is seeking further support from the Commerce Ministry to continue operating, saying that fees collected from dispute claims are too small to cover the center’s costs...
04th January 2018
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A public transport system based on boats, known as water taxis, for the capital is expected to be ready by April, in time for Khmer New Year, official said. The envisioned waterway passenger system will be...
03rd January 2018
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Revenue from the sales of entrance tickets at the Unesco-listed Angkor Archeological Park in Siem Reap province jumped 72.5% in 2017, reaching $107.9mn. With the growth in foreign visitors being only moderate...
02nd January 2018
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Tonle Sap Poverty Reduction and Smallholders Development (TSSD) will receive additional $66mn from the government and international funders for the next several years, after the success in its initial seven-year period...
29th December 2017
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