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Business

Eloi Courcoux, CEO of Meas Development Holding, speaks at the company’s office in Phnom Penh last week.
Mon, 20 February 2017

At Blue Pumpkin, adapting to thrive

Blue Pumpkin, which began as a Siem Reap-based family business in 2000, has grown into one of the country’s most-recognised brands. The Post’s Matthieu de Gaudemar sat down with Eloi Courcoux, CEO of Meas Development Holding, which owns and operates the cafe and bakery chain, as well as other international franchises, to discuss the challenges of operating in a more crowded market. Q: What is the state of Cambodia’s food & beverage market? A: The market today is changing and the competition is fierce. There are many companies and many brands already operating here so we need to professionalise ourselves.

Acleda Bank’s current logo in Phnom Penh yesterday. Insert, Ministry of Economy and Finance logo. Wikimedia commons
Mon, 20 February 2017

Bank ordered to replace its logo

ACLEDA Bank, Cambodia’s largest bank in terms of assets, will have to shell out millions in the next three weeks to comply with a Council of Ministers decision last Friday that the private financial institution must redesign and rep

A receptionist answers the phone at the Cambodian Securities Exchange in Phnom Penh.
Mon, 20 February 2017

Champion investors reveal stock strategies

The Cambodian Securities Exchange (CSX) officially awarded each of the two winners of its My First Stock trading competition an 8,000,000 riel ($2,000) cash prize yesterday.

Mon, 20 February 2017

Gov’t approves coastal 135MW coal-fired plant

The government has approved an additional 135-megawatt coal-fired plant to be built in Preah Sihanouk province, a Ministry of Mines and Energy representative said yesterday.

Fri, 17 February 2017

Listed industrial park struggles to sell plots

Phnom Penh SEZ posted a 42.5 percent decline in consolidated revenue for 2016, which led to a sharp 65 percent decrease in net profit, according to its annual report released on the Cambodia Securities Exchange (CSX) yesterday.

Fri, 17 February 2017

Regulator sets telco pricing deadline

Mobile network operators have until February 24 to submit their pricing strategies to the government to waylay concerns over predatory pricing, a

Fri, 17 February 2017

GTI posts 390% surge in net profit last year

Taiwanese-owned garment manufacturer Grand Twins International (GTI) posted a 44 percent surge in revenue and a massive 390 percent in net profit, according to its annual report released on the Cambodia Securities Exchange yesterday

Containers are offloaded from ships at a port in Kandal province in 2012.
Fri, 17 February 2017

Slowdown in port container traffic

The Kingdom’s two main ports reported markedly slower growth in container traffic last year due to a fall in import traffic, although exports of garments and agricultural products continued to rise, according to newly released port

A rice farmer in Battambang province during last year’s harvest season.
Fri, 17 February 2017

Few takers for emergency rice loans

With the Kingdom’s main rice harvesting season wrapping up, just a fraction of a government emergency loan package that aimed at giving millers the liquidity they needed to purchase rice paddy during
the harvest cycle has been disbursed, leaving the government and private sector divided on why. Kao Thach, chief executive of the Rural Development Bank (RDB), the government-owned bank that was entrusted last September with disbursing $27 million in low-interest loans to millers, said only five loans were issued due to a lack of demand.

Setting up a drone for flight. Photo supplied
Thu, 16 February 2017

How Cambodia's first drone company is helping farmers

SM Waypoint claims its unmanned aerial vehicles can help local farm and plantation owners increase their yields. Established in September 2015, SM Waypoint now has seven drone pilots, two sales staff and two accountants. Though the company focuses mainly on agricultural projects, the potential uses of the drones are extremely varied, going from measuring exact land height for building drainage systems to finding the most suitable location for special economic zones (SEZs) or factories.