Axiata Group Berhad, one of Asia’s largest telecommunications group in Malaysia, entered into a definitive agreement with Mitsui Co Ltd, one of the largest Japanese trading houses, to sell 10% of its interests in Smart Cambodia at $66mn...
22nd May 2017
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A proposed expressway from Phnom Penh to the coastal province of Preah Sihanouk is due to be constructed by the end of this year. The 190km road—to be constructed on a build, operate, and transfer basis by the China Communications Construction Company in a contract worth nearly $2bn—is aimed at contributing to the industrial development of the province, which the government sees as an industrial development zone.
19th May 2017
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Subscription for the initial public offering of Sihanoukville Autonmous Port (PAS) opened yesterday, with its underwriter expecting a strong investor response following an oversubscribed book-building exercise late last month...
18th May 2017
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Local tech startup CamboTicket is looking to improve its bus ticket booking platform after receiving $100K in early-stage funding from Cambodia-based venture capital and project management firm OBOR Capital, its executive said yesterday...
17th May 2017
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Multilateral connectivity, both physical and digital, was needed to ensure that Asean’s development and growth was not restricted by national borders, Southeast Asian business and political leaders said yesterday at World Economic Forum (WEF) on Asean in Phnom Penh...
12th May 2017
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Sihanoukville Autonomous Port (PAS), which is expected to list on the CSX by the end of this month following an initial public offering, may introduce an electronic system for handling import and export procedures with help from the Japanese government...
11th May 2017
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Sihanoukville Autonomous Port (PAS) is poise to list on the Cambodia Securities Exchange (CSX) following a book-building process to determine what price to offer in an initial public offering (IPO)...
09th May 2017
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Japan-based company Metawater will provide its power-saving inverter equipment to a water treatment plant operated by Phnom Penh Water Supply Authority (PPWSA) through an arrangement that will help the Japanese government earn carbon reduction credits, according to a Nikkei Asian Review report...
08th May 2017
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Cambodia Petrochemical Company (CPC) yesterday broke ground for the Kingdom’s landmark oil refinery, a $1.62bn project with an updated completion date set for the middle of 2019...
05th May 2017
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National carrier Cambodia Angkor Air will launch its first charter flight from Siem Reap to Japan today and is considering a regular service on the route, a senior airline executive said...
03rd May 2017
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