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Business

The National Bank of Canada (NBC) announced on Friday it has increased its stake in the Cambodia-based ABA Bank.

Tourists disembark from a bus in the border town of Poipet
Mon, 26 January 2015

More Vietnam, Thailand trucks trigger local fears of competition

Cambodia's borders are set to receive more Thai and Vietnamese trucks and tourist buses as the government considers upping bilateral transit agreements with both nations.

Fri, 23 January 2015

Subedi talks rights with CCC president Kith Meng

The United Nation’s human rights envoy Surya Subedi met yesterday with the president of Cambodia Chamber of Commerce, Kith Meng, to discuss human rights and economic growth in the Kingdom.

President of 5D Pan Cambodian Lottery, Alex Teh
Fri, 23 January 2015

Risking it on the lottery

Alex Teh, president and major shareholder of 5D Pan Cambodian Lottery, discusses black market competition and the risks for lottery.

A waitress serves food at the opening of the first Hooters restaurant in Beijing in 2007
Fri, 23 January 2015

US-chain Hooters eyes Cambodia

Hot on the heels of its success in Thailand, American restaurant chain Hooters says it will expand its presence throughout Southeast Asia, including Cambodia.

Thu, 22 January 2015

Lottery firm hopes that second bet is a charm

Malaysian-backed 5D Pan Cambodian Lottery yesterday announced an official return to operations after a failed start-up in the Kingdom five years earlier.

Thu, 22 January 2015

Farmers see price bounce in rubber

Farmers and government officials are anticipating a rubber price increase this year as neighbouring nations move closer to capping exports of the commodity.

Thu, 22 January 2015

Roads around Tonle Sap to be upgraded

The Ministry of Rural Development plans to pave 1,200 kilometres of dirt roads across nine provinces surrounding the Tonle Sap this year, in a $120 million bid to improve the lives of rural farmers and reduce migration.

Thu, 22 January 2015

Heineken caught up in distributor rumble

Two Cambodian alcohol heavyweights, Attwood Import Export Co Limited and Cambodia Brewery Limited, are embroiled in a dispute over the rights to distribute Heineken beer in the Kingdom.

A sign displays fuel prices at a petrol station in Phnom Penh
Thu, 22 January 2015

Gov’t considers fuel legislation

The Cambodian government is considering legislation to control consumer fuel prices in an effort to increase savings during the global oil price plunge.