Availability of investable securities needs to be increased if the Cambodian capital market wishes to attract large pools of untapped insurance investment, industry leaders say...
19th July 2017
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Minebea will support Cambodia’s smart city project, and plans to expand its production of wireless high-efficiency LED streetlights to be used in Phnom Penh, according to an official in the Ministry of Industry...
18th July 2017
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Cambodian government has submitted a list of 16 captive-bred crocodile farms to the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), seeking to pave a way for the legal exports of crocodile skins to lucrative overseas markets, according to deputy director of the Fisheries Conservation Department at the Ministry of Agriculture...
17th July 2017
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Passenger arrivals at Cambodia’s three international airports soared 23% YoY in the first half of 2017, reaching 4.2 million people, according to Khek Norida, communications director of Cambodia Airports...
14th July 2017
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Construction of an expressway between Phnom Penh and Sihanoukville could start towards the end of 2017. According to Va Simsorya, spokesman for the Ministry of Public Works and Transport, studies on the road’s impact and budget have already been completed...
13th July 2017
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Financial literacy in Cambodia remains low, according to a report released by the Asian Development Bank Institute (ADBI), which conducted surveys in Cambodia and Vietnam to measure the level of understanding of financial products across various segments of the population, differentiating the results by age group, income level and education...
12th July 2017
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The Lower Sesan II Dam hydropower plant will start generating 50MW of power by October this year, four months ahead of schedule, according to a senior government official...
11th July 2017
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Phnom Penh Special Economic Zone Plc (PPSP) has taken stake in two new companies as a way of its business diversification, according to a filing on the CSX...
10th July 2017
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Just one day after the Kingdom’s micro-lenders mutinied and said they would not implement a government directive requiring them to implement a 10% value-added tax (VAT) on fees for financial services, the General Department of Taxation (GDT) announced it would back down and temporarily suspend the controversial decree...
07th July 2017
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Electricite Du Cambodge (EDC) has announced a price cut for large enterprises with capacities exceeding one megawatt. The cost will go from $0.165 per kWh to $0.14...
06th July 2017
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