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Business

The company behind Cambodia’s mysterious $9.6 billion railway is back in town, this time they are considering the feasibility of another railway project.

Fri, 30 January 2015

Canada to establish Kingdom trade office

Canada is to establish a local representative office in Cambodia to strengthen bilateral trade between the two nations.

Kamalkant Agarwal, head of International Banking Business of Siam Commercial Bank
Fri, 30 January 2015

Waking up from a 20-year slumber

Kamalkant Agarwal, head of international banking business at Siam Commecial Bank – the parent company of Cambodian Commercial Bank, which was called underperforming in a report – talks about the bank’s performance and its future growth strategy this week.

A plane flies over houses near the Phnom Penh International Airport
Fri, 30 January 2015

Airport traffic growth boom

Chinese tourism continues to fuel Cambodia’s skyrocketing aviation sector, now one of the fastest-growing markets in all Southeast Asia for five years running.

A worker holds freshly harvested rice in a paddy in Russei Keo district
Thu, 29 January 2015

CNRP calls for government intervention in agriculture

The opposition Cambodia National Rescue Party has called on the government to intervene in the softening prices of Cambodian agricultural commodities.

Wed, 28 January 2015

KPMG buys Premier Consulting

KPMG Cambodia has bought out one of its local competitors in an effort to position itself as a leader in accounting, taxation and advisory services before ASEAN integration later this year.

Wed, 28 January 2015

MFI Sathapana to merge with Maruhan Japan Bank

Cambodian microfinance institution Sathapana Limited is merging with its majority shareholder, Maruhan Japan Bank Plc, to become a new commercial bank that aims to be in operations early next year, according to a joint company annou

A Caltex fuel station in Phnom Penh
Wed, 28 January 2015

Petrol firms told to open books

Cambodia’s petrol retailers have been ordered by the government to hand over import information and financial records in what looks to be the first steps toward installing fuel-price legislation.

A woman walks home from work along a stretch of road that is under construction on the outskirts of Phnom Penh in mid-December.
Tue, 27 January 2015

Capital’s rapid urban migration

Cambodians are flocking to Phnom Penh for work. So much so, in fact, that the city’s size has increased at a faster rate than most other East Asian cities, the World Bank says.

Mon, 26 January 2015

Canadian bank ups its share in local ABA

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