Camcashew, a joint venture between a Cambodian and Malaysian firms, signed a memorandum of understanding with South Korea’s Naroo Marine Company Limited yesterday with the aim of exporting 10,000 tonnes of processed cashew nut next year...
08th December 2017
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Chea Serey, director general of the National Bank of Cambodia (NBC) warned yesterday of increased fraudulent activities linked to cryptocurrencies, claiming that as the Kingdom lacks regulations surrounding their use, they remain a risky investment tool...
06th December 2017
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Cambodian pig farmers are facing a mounting crisis as the price of pigs has continued to plummet due to illegal imports from Vietnam, representatives from a farmer association said yesterday...
05th December 2017
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The fourth phase of Grand Phnom Penh International City—a project that has been under construction for over 10 years—broke ground on last Saturday, injecting $10mn into the satellite city to build an additional 300 housing units...
04th December 2017
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Officials in the agricultural sector have called on relevant stakeholders to scale up crop insurance schemes to help Cambodian farmers mitigate the risks of having their fields destroyed by flooding and drought...
01st December 2017
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Myanmar National Airlines has recently applied for a license to operate a direct flight between the cities of Bagan and Siem Reap, in a bid to increase the flow of tourists to the region as part of governmental efforts to promote the cities as a single tourism destination...
30th November 2017
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Local conglomerate Soma Group has signed a memorandum of understanding (MOU) with Australia-based rice exporter SunRice for exports of Cambodian rice to Australia, according to a senior official from the Ministry of Agriculture, Forestry and Fisheries (MAFF)...
29th November 2017
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Khmer Capital Microfinance Plc became the most recent microfinance institution (MFI) in Cambodia’s crowded market, when it celebrated its official opening yesterday after obtaining a license from the National Bank of Cambodia (NBC) in July...
28th November 2017
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Controversial Gold Tower 42 will resume construction early next year and is expected to be completed by the end of 2019, according to an announcement made by the developer on Wednesday...
24th November 2017
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Cambodia’s economy is predicted to remain strong and resilient for the next two years, driven by a shift to higher value-added manufacturing, despite concerns over political stability and the slowed growth of both the construction and garment sectors, the World Bank said yesterday in its latest review of the Cambodian economy...
23rd November 2017
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