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Business

Yew Wei Nan
Fri, 19 December 2014

GE, EdC ink $10M electricity deal

US conglomerate, General Electric (GE) and the Electricité du Cambodge (EdC) yesterday signed an agreement, which is being touted as the beginning of better days for the Kingdom’s unreliable power grid.

Fri, 19 December 2014

Prime minister admits 1 million tonne goal is unlikely for rice sector

Prime Minister Hun Sen yesterday admitted that the government target of reaching 1 million tonnes of rice exports by 2015 is likely to fail due to a lack of milling capacity and funding.

Toshishige Kawauchi
Fri, 19 December 2014

Design vision needed as city grows

Toshishige Kawauchi, CEO of CocochiCam Designs, discusses Cambodian-influenced design and the challenges he faces selling the company’s work.

Fri, 19 December 2014

Economic zone aims for Q1 IPO, CSX listing

Phnom Penh Special Economic Zone – Cambodia’s largest industrial park – plans to raise $15 million in an initial public offering on the Cambodia stock market early next year, which would make it the third company to be listed.

A man browsers an internet based e-commerce site yesterday in Phnom Penh
Thu, 18 December 2014

New shopping website faces old e-commerce challenges

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.