Economy & Industry

First solar power project expected to be fully operational at month-end

Cambodia’s first large-scale solar power project in Bavet is still in the trial stage, but is expected to be fully operationally at the end of this month. Victor Jona, the director-general of the Ministry of Mines and Energy, said...

22nd August 2017

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Economy & Industry

Mobile operators have till Sep 1 to register all subscribers

Mobile network operators in Cambodia must give an assurance by Sep 1 that they have registered all their subscribers in accordance with a directive from the Ministry of Posts and Telecommunication and the Ministry of Interior, Telecom Regulator of Cambodia (TRC) has made a call...

21st August 2017

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Economy & Industry

NBC launches online trading platform

The National Bank of Cambodia (NBC) has officially launched a new trading platform which allows financial institutions to trade the central bank’s financial instruments like negotiable certificates of deposits (NCDs), liquidity-providing collateralized operations (LCDOs), and currency...

17th August 2017

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Economy & Industry

Moody’s says Cambodia needs to diversify exports

Global credit rating agency Moody’s Investors Services has retained Cambodia’s B2/stable sovereign rating, but said the Kingdom’s low diversification of exports puts it at a higher risk from external shocks than Vietnam...

16th August 2017

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Coporate News

Monsne Café sees fast growth

Monsne Café—Cambodian local beverage brand that offers coffee, tea and flavored drinks made with Hokkaido milk—is witnessing fast growth after launching its first mobile cart in April...

15th August 2017

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Economy & Industry

US to assess food standards in Cambodia

The US is going to assess sanitary and phyto-sanitary standards in Cambodia, opening up the opportunity for Cambodian agricultural products to be exported to the world’s largest economy...

14th August 2017

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Economy & Industry

Central bank to relocate temporarily

The head of office of the National Bank of Cambodia (NBC) on Norodom Blvd would be temporarily moved to a building in Phnom Penh Thmey commune in Sen Sok district, as the government plans to renovate the central bank’s current premises to accommodate more staff...

11th August 2017

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Economy & Industry

Exports to US grow 4.5% YoY in 1H17

Cambodian exports to the US from January to June totaled $1.36bn, up 4.5% YoY compared to the same period in 2016, which saw decline by almost 13% YoY, according to the latest US government census trade data...

10th August 2017

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Economy & Industry

Emergency rice loan fund raised to $50mn for this year

The government is pumping more money into its emergency rice loan fund ahead of next month’s rice harvest, raising the fund’s total capital to $50mn for this year...

09th August 2017

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Coporate News

Pi Pay handles more than 100,000 transactions over past month

Just one month into operation, the mobile payment platform Pi Pay has already handled more than 100,000 transactions at 150 merchant locations across Phnom Penh, processing over $1mn, according to the company CEO...

08th August 2017

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