Government to tighten control over pawnshops
The government has vowed to tighten control over the Kingdom’s pawnshops to ensure professionalism in the sector, which has grown rapidly and lacks a supervisory framework...
20th June 2017
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Govt unveils financial sector development strategy for 2016-2025
The government unveiled its financial sector development strategy for 2016-2025, which evaluates the last decade of growth while outlining an action plan for the next decade. The report, which put forth strategies...
16th June 2017
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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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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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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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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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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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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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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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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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