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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Ticket sales for Angkor Wat Archaeological Park came to $52.2mn in 1H17, up 68% from $31mn in 1H16, on the back of a sharp increase in tourist entry fees and a rise in number of visitors, according to data release by Angkor Enterprise, the agency that manages ticketing for the historic temple complex near Siem Reap...
05th July 2017
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Havas Riverorchid, a leading advertising agency in Indochina, has officially launched its digital and social media brand called Socialyse to tap into Cambodian digital advertising market...
03rd July 2017
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From 2000, with Cambodia moving towards a free market economy, the regulatory framework that governs the insurance industry had been substantially reviewed. The Law on Insurance Business Establishment was updated with the Law on Insurance 2000, followed by the Sub-decree on Insurance in 2001 and several Prakas and Circulas...
01st July 2017
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Shares in Grand Twins International (GTI) end the week at KHR3,610, posting a monthly loss of 9.75%. Only 910 shares were traded during June.
30th June 2017
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