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Business

Mongolian hot pot restaurant chain Little Sheep will launch soon in Cambodia following an agreement between the chain’s parent company, Yum Brands, and local investment company HGB Group, according to local media.

Wed, 7 December 2016

Sathapana executive off to build new microfinance institution

Prominent banker Bun Mony has resigned from his position as CEO of Sathapana Bank Plc after more than 20 years at the helm of the financial institution in which it grew from a small rural NGO into the country’s third-largest microfi

Employees at a microfinance institution organise a loan in late 2014. Similar institutions have agreed to hold at least 10 percent of their loan portfolio in Cambodian riel, in line with new regulations.
Wed, 7 December 2016

Central bank orders lenders to step up lending in riel

Cambodian microfinance institutions have said they would comply with a new regulation issued by the central bank that requires them to hold at least 10 percent of their loan portfolio in the Kingdom’s national currency.

Wed, 7 December 2016

Industrial rail project gathers steam with government push

Transport Minister Sun Chanthol has vowed to reinvigorate a long-dormant project to connect the Kingdom’s sole operating railway line to the capital’s biggest industrial park – a move that would boost rail traffic ahead of the completion of a rail link to northwestern Cambodia and Thailand.

Tue, 6 December 2016

Tanncam takes stake in financial service firm

Tanncam Investment Company, an Uzbeki-owned investment company registered in Cambodia, has agreed to purchase a 30 percent stake in financial services firm Cambodian Investment Management (CIM) and its related group companies for an

Trucks queue down a street on the outskirts of Phnom Penh in 2013. Cargo shipments across Cambodia’s land borders could become more efficient if customs authorities were to adopt online registration.
Tue, 6 December 2016

Customs urged to move online

Customs authorities should work quickly to adopt an envisioned online registration system for cross-border cargo shipments that would expedite delivery and cut out pesky middlemen who tack on unofficial fees, Transport Minister Sun

Tue, 6 December 2016

Hollow-core precast concrete plant opened

Cambodia's first hollow-core precast concrete factory was inaugurated yesterday in Kampong Speu province, according to local media reports.

Hundreds of bottles of Coca-Cola are ready to be distributed from the company’s new factory in Phnom Penh’s Special Economic Zone. The factory was formally opened yesterday.
Tue, 6 December 2016

Coca-Cola opens new $100M plant at capital economic zone

Global beverage giant Coca-Cola officially inaugurated its new $100 million Cambodian production facility yesterday, significantly increasing its local bottling capacity while bolstering the confidence of foreign investors.

John McGinley of Mekong Strategic Partners at his office in Phnom Penh last week.
Mon, 5 December 2016

Financial sector is on the radar

A growing interest in Cambodia’s financial sector has led to some recent high-profile mergers and acquisitions.

Mon, 5 December 2016

Bank customers irked by shutdown of ATMs

Customers of Acleda Bank, the Kingdom’s largest financial institution, struggled to access their accounts after the bank’s nearly 300 ATM machines nationwide were taken out of service over the weekend for a system-wide software upgr

This month 20 years ago...

1996-11-15 07:00
RAC takes off to Guangzhou
1996-11-29 07:00
Vickery's hysterics
1996-11-29 07:00
New Mobile Network
1996-11-29 07:00
Pailin/Malai integration proving a "bit messy"
1996-11-29 07:00
Ranariddh Attends World Economic Forum
1996-11-15 07:00
Beating again