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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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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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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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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Thai firm Pudcha will partner with local firm Khmer Klean to bring the latest self-service vending machines to Cambodia as part of a franchise deal...
07th August 2017
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The Young Entrepreneurs Association of Cambodia (YEAC) in partnership with the Cambodia Women Entrepreneurs Association, Cambodia Chamber of Commerce and Mekong Business Initiative (MBI) yesterday launched a groundbreaking Business Information Center (BIC) to facilitate and expedite the start-up process for new businesses...
04th August 2017
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The government has approved three draft directives on corporate bonds that will pave the way for the issuance of the debt security, a new capital market tool allowing companies to raise funds for expansion, debt refinancing, or acquisitions, according to government officials...
03rd August 2017
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The inflows of foreign direct investment (FDI) into the Kingdom’s banking sector nearly doubled in 1H17 as two heavyweight players entered the local market and lending institutions responded to revised minimum capital requirements, a central bank official said yesterday...
02nd August 2017
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Cambodia’s Globalcam Project Development Ltd entered into an agreement yesterday with Malaysia’s Mahdi Holdings Investment to jointly build expressways across the Kingdom...
01st August 2017
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Local conglomerate Royal Group and South Korea’s largest retailer, E-Mart, signed a memorandum of understanding last Friday to form a new joint venture to invests in a hypermarket—a massive retail outlet that combines a supermarket with a department store—in Cambodia...
31st July 2017
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