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Business

A Chinese trade delegation due to arrive in Cambodia next week has added to the hopes that the Kingdom’s rice export quota to China will be drastically raised.

Fri, 22 May 2015

Delayed underwater cable project resurfaces

Internet provider Ezecom said it would help build the Kingdom’s first undersea communications cable, a long-delayed project that was originally announced in 2013 and slated for completion at the end of last year.

Koh Dek Koul, the former island residence of fugitive tycoon Sergei Polonsky
Thu, 21 May 2015

Island dream on hold, for now

Speaking during an interview in December, fugitive Russian tycoon Sergei Polonsky told the Post of his ambitious scheme to build a $1 billion eco-tourism network on the islands he claimed to own off the Cambodian coast.

Thu, 21 May 2015

The government has nothing to hide: PM

Prime Minister Hun Sen yesterday lashed out the National Auditing Authority (NAA) over the late public release of its annual report that analyses the government’s revenues and expenditures.

Thu, 21 May 2015

SAP eyes listing on bourse by year’s end

Sihanoukville Autonomous Port is making good progress in preparation for its initial public offering, aiming to list on Cambodia’s stock exchange before the end of the year, the port’s director general said yesterday.

Dreamworld Pailin casino in Pailin province in mid-2013
Thu, 21 May 2015

Gaming firm back in the black

Gaming operator Entertainment Gaming Asia (EGA) has turned a profit after two years of losses partly due to an unsuccessful casino venture in Pailin, according to the NASDAQ-listed firm’s first-quarter results.

Thu, 21 May 2015

Transmission line to connect dam by 2017

A $92 million transmission line will be constructed at the Lower Sesan II hydro dam in Stung Treng by June 2017 to transfer power to Kampong Cham and Kratie provinces, according to a release from Malaysian power system engineering c

Thu, 21 May 2015

Unlicensed firms called out

The Securities Exchange Commission of Cambodia has released a statement naming three Hong Kong-based investment companies they say are operating in Cambodia illegally and are soliciting deposits from people on the promise of receivi

Wed, 20 May 2015

Access to finance limits export potential for millers

Cambodian rice exports have grown year-on-year since 2009 but have fallen well short of reaching the government’s 1 million tonne annual target, with experts saying that limited access to finance, warehousing and logistical support

Wed, 20 May 2015

Amru nearing organic rice deal with the US

Local rice exporter Amru Rice is close to signing an agreement with an American importer to bring Cambodian organic rice to the American market, according to the rice exporter’s chief executive.