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Business

German-backed online job recruitment portal Everjobs officially announced plans yesterday to conduct its first career fair in Cambodia.

All Nippon Airways jets sit on the runway at Tokyo's Haneda Airport last month. AFP
Fri, 27 May 2016

Direct flights to Japan to start on September 1

Japan and Cambodia put into force an air service agreement yesterday, which would officially allow for direct flights and cargo services between the two countries.

Sap collects from a rubber tree in Kampong Cham province in February.
Fri, 27 May 2016

Rubber outlook bleak despite price bounce

Despite an initial rebound in global rubber prices, Cambodian rubber farmers predict a bleak year as production and exports have increased while profits continue to suffer.

Fri, 27 May 2016

Details of Kingdom’s first double taxation agreement released

In what could be Cambodia’s biggest step forward into the ASEAN Economic Community (AEC) in terms of taxation deals and fiscal transparency, details on Cambodia’s first bilateral double taxation agreement (DTA) with Singapore have been released.

Angkor Dairy Products employees package products into boxes at the company’s new factory inside the Phnom Penh Special Economic Zone yesterday morning.
Thu, 26 May 2016

Angkormilk factory launched

Cambodia's first milk manufacturing plant, which aims to dominate the domestic dairy market, officially launched production operations yesterday after a ribbon-cutting ceremony held at the factory’s home in Phnom Penh SEZ.

Traffic passes the Securities and Exchange Commission of Cambodia in Phnom Penh’s Sen Sok district in 2014.
Thu, 26 May 2016

New firm seeks to enter gold trading

Golden FX Link (Cambodia) has joined in the running to become a legally licensed firm to trade derivatives.

A barista serves customers at the grand opening of the new Starbucks outlet outside Aeon Mall in Phnom Penh.
Thu, 26 May 2016

Starbucks enters mix at Aeon Mall

The American coffee franchise giant Starbucks opened its second outlet in Cambodia at Aeon Mall yesterday.

Sand dredgers on the Mekong River near Phnom Penh in July last year.
Wed, 25 May 2016

Sand dredging licences secretly soaring

Despite the government’s vow to be more transparent with regulations and the issuing of sand-dredging licences, the Ministry of Mines and Energy (MME) has granted nearly 70 new such licences without holding public auctions or requiring companies to disclose environmental impact assessments (EIA) results to the public, according to data from the ministry.

Sathapana Bank Plc CEO Bun Mony speaks at an event last year.
Wed, 25 May 2016

Sathapana Bank gets $35 million from Taiwan lenders

Facilitated by Taiwan’s First Commercial Bank, seven foreign banks provided $35 million in a syndicated loan to Sathapana Bank Plc, a newly formed Cambodian commercial bank, to expand its existing microfinance operations and broaden its commercial lending portfolio.

An oil worker inspects a pumping jack during drilling operations in an oilfield operated in the village of Otrada, Russia, earlier this year. Bloomberg
Tue, 24 May 2016

Russian crude oil imports not on refinery’s wishlist

Russia is looking to expand its crude oil exports to ASEAN countries – including Cambodia – despite the Kingdom being years away from having refinery capabilities.