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Business

A worker operates machinery during the opening of a steel roof factory in July 2014.
Wed, 31 August 2016

Deeper economy drives growth

The Ministry of Economy and Finance projects that Cambodia’s economy will remain robust for the rest of this year with a growth rate of 7 per cent despite global economic uncertainty, driven largely by the growth of the garment and service sectors.

An employee of Grand Twins International cleans and irons items of apparel in Phnom Penh’s Sen Sok district in 2014.
Wed, 31 August 2016

GTI pins fall in Q2 profits on rising costs

Taiwanese-owned garment manufacturer Grand Twins International (GTI) blamed its second-quarter decline in profits, which fell by 45 per cent compared to the same financial period last year, on the rising cost of labour and raw mater

A model of The Peak on display at an Oxley Holdings showroom earlier this year.
Wed, 31 August 2016

Oxley remains upbeat on real estate projects

Just days since a Singaporean developer announced it had shelved The Bay, its $500 million mixed-use development, citing mar

Wed, 31 August 2016

Prakas on registration of certification marks

The Ministry of Commerce yesterday released a prakas on the procedure to register certification marks, which help consumers to verify the quality and standard of goods and services.

Garment factory workers sew together Armani jeans inside the Kin Tai garment factory in May of this year.
Wed, 31 August 2016

Garment factory data revised

The Ministry of Commerce reclassified over 120 inactive garment and footwear factory entries as closed or suspended during the first quarter of 2016, the International Labour Organization (ILO) said yesterday, adding a new twist to

A monitor displays the Cambodian stock market index next to the reception of the CSX earlier this month in the Kingdom’s capital.
Tue, 30 August 2016

Grand Twins sees revenue up, profit down

Grand Twins International (GTI), the only publicly traded garment firm on the Cambodian stock market, reported that profits decreased by over 15 per cent year-on-year during the first six months of 2016 despite a hefty increase in r

Tue, 30 August 2016

Group Lease ties into True Money network

Digital finance firm Group Lease Finance (GLF) and mobile payment company True Money have announced a new partnership to provide loans and financial services in Cambodia.

Shipping containers await transportation at the Sihanoukville Autonomous Port in 2012.
Tue, 30 August 2016

Port officials chart course for maritime trade growth

Port officials from ASEAN member states gathered in Phnom Penh yesterday to discuss ways of improving the region’s cargo port system and further standardising maritime trade procedures, a Cambodian port official said yesterday.

People walk past the NagaWorld hotel and casino complex in Phnom Penh in August 2014.
Tue, 30 August 2016

Phnom Penh's NagaWorld casino targeted in audit

The government is conducting an audit of NagaWorld in Phnom Penh to assess its tax liabilities on non-gaming operations after finding “discrepancies” last year that prompted the first-ever government probe of the landmark casino and entertainment complex’s finances.

EuroCham chairman Arnaud Darc speaks to the Post earlier this month in Phnom Penh.
Mon, 29 August 2016

Finding a path for future growth

EuroCham, Cambodia’s largest foreign chamber of commerce, is under new stewardship.