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Business

Worldbridge International Group (WIG) will launch a new shopping website next year in the hope of bolstering the Kingdom’s undeveloped e-commerce industry.

Taica Factory in the Phnom Penh
Thu, 18 December 2014

Growth potential hangs on diversity

As Cambodia becomes increasingly integrated into the global market, the Kingdom needs to accelerate its efforts to diversify production or the local economy risks becoming stuck in a low-wage trap, the Asia Development Bank (ADB) wa

Thu, 18 December 2014

Vietnam to auction RKA plane

Vietnam is set to sell off an abandoned Boeing 727-200 aircraft that belonged to the now-defunct Cambodian carrier Royal Khmer Airlines (RKA).

Wed, 17 December 2014

Bayon Air welcomes first aircraft

Cambodia Bayon Airlines received its first aircraft on Monday, aviation industry news outlet World Civil Aviation Resource Net reported.

A worker transfers silk yarn to spindles
Wed, 17 December 2014

Silk hopes rest on new board

The long-awaited National Silk Board (NSB) – an industry body that aims to tighten regulations and boost investor confidence in Cambodia’s silk industry – will be established by the middle of next year, industry representatives sai

Wed, 17 December 2014

GE to help improve Kingdom’s electricity

US conglomerate General Electric will help Cambodia improve its power grid, according to a statement issued yesterday by the US Embassy.

Workers bundle packaged goods into plastic bags at the LYLY Food Industry
Wed, 17 December 2014

SME policy to roll out in 2015

The Cambodian government is nearing completion of a policy aimed at strengthening the Kingdom’s small and medium-sized enterprises (SMEs), a senior official said yesterday.

Tue, 16 December 2014

Company attempts to quash rumours

A company owned by fugitive businessman Thong Sarath, Meanchey International Investment, released a statement on Saturday seeking to dispel rumours that the firm was closing offices and construction projects had come to a halt.

All Nippon Airways
Mon, 15 December 2014

ANA to expand into Cambodia

Japanese airline All Nippon Airways (ANA) is considering expanding its operations to Cambodia, according to the latest analysis from the Australian-based Centre for Aviation (CAPA).

Mon, 15 December 2014

Tax services in demand as gov’t ups collection

Tax service firms are seeing an increase in business as the General Department of Taxation (GDT) continues to push individuals and enterprises to register for online payments.