Trade with Vietnam up 21.2% YoY in first two months of 2017
Trade between Cambodia and Vietnam rose 21.2% YoY in the first two months of 2017 to about $624.1mn, according to the Vietnamese ambassador to Cambodia...
13th April 2017
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Master plan for tourism development unveiled
The Ministry of Tourism unveiled a master plan for the development of the industry in provinces and cities at its first quarter meeting last Thursday...
12th April 2017
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NBC identifies technology as important for promoting financial inclusion
As the National Bank of Cambodia (NBC) strives to ensure the delivery of formal financial products and services to all segments of the population, the role of technology in promoting financial inclusion will be the theme of the central bank’s Fourth Annual Macroeocnomic Conference in November...
11th April 2017
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Pestech obtains $100mn transmission line contract
Malaysian-owned power infrastructure provider Pestech (Cambodia) Ltd has been awarded a contract to build a 230- kilovolt transmission line valued at $100mn to connect Koh Kong province’s Stung Tatai hydropower dam to Phnom Penh, according to a filing on the Malaysian stock exchange...
10th April 2017
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Economy to see stable growth over next two years
According to the Asian Development Bank (ADB) flagship report, titled “Asian Development Outlook 2017: Transcending the Middle-Income Challenge”, Cambodia’s economic growth will remain stable over the next two years at 7.1%, but the Kingdom must now...
07th April 2017
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Foreign tourists up 9% YoY in 1Q17 despite price increase
The number of foreign tourists visiting Angkor Wat in the first quarter of the year rose 8.95% to 764,146, while ticket sales surged 51% to $30.85mn, according to a report from the state-run ticketing agency Angkor Enterprise...
06th April 2017
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Cambodia Post to launch e-commerce service
State-owned Cambodia Post is ready to launch an e-commerce company by 2H17 in a move to tap the growing demand for online transactions in the Kingdom and to diversify its revenue stream, a company executive said yesterday...
05th April 2017
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Japanese firm pledges to boost silk industry
Japanese-owned Il Brille, which runs two beauty salons and a shop in Phnom Penh, will invest in Cambodian silk production to supply the local market and export to Asia and the United States...
04th April 2017
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GDT extends deadline of corporate tax filings
The General Department of Taxation (GDT) has announced a one-month extension to its traditional Mar 31 deadline for companies to submit their annual corporate tax filings, giving companies until Apr 30 to do so without penalty...
03rd April 2017
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Wing to offer e-ticketing system for city bus
Wing (Cambodia) Limited Specialized Bank, the Kingdom’s leading mobile banking services provider, signed a memorandum of understanding with City Hall yesterday to offer e-payment options for passengers using the Phnom Penh city bus service
30th March 2017
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