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Business

Phnom Penh Autonomous Port (PPAP), which debuted on the Cambodia’s stock market last December, announced that it will hold off on distributing its first dividend payment to shareholders until March or April 2017, according to a filing issued on Friday.

Mon, 2 May 2016

True Money to extend services to Niron MFI

Mobile payment provider True Money Cambodia signed a memorandum of understanding with local microfinance institution Niron Mikroheranhvatho Plc on Friday to facilitate bill payments for the microlender’s 60,000 customers.

Mon, 2 May 2016

Hun Sen lashes out at bribes on transport

Prime Minister Hun Sen took aim at corrupt government officials that tack on unofficial fees for the transportation of goods, saying that an elimination of fees would cut the cost of logistics and increase the Kingdom’s trade compet

Mon, 2 May 2016

Acleda’s first-quarter profits up 21 per cent

ACLEDA Bank announced its first-quarter results for 2016 on Friday, reporting $30.19 million in profit for the quarter, up almost 21 per cent compared to the same period last year.

Fong Nee Wai, the chief financial officer of Phnom Penh Special Economic Zone, talks to the Post from his office in September.
Mon, 2 May 2016

An IPO with a value approach

Phnom Penh SEZ Plc, which operates a 357-hectare industrial park on the outskirts of the capital, held a bookbuild last month to determine the share price for its upcoming initial public offering on the Cambodian stock market.

Sap drips into a collection container at a rubber tree plantation in Kampong Cham province earlier this year.
Fri, 29 April 2016

Rubber prices bounce back

A sharp rebound in international rubber prices has put workers at plantations in Cambodian back to work, and has infused the sector with a rare sense of optimism.

Prime Minister Hun Sen speaks at the 2003 World Economic Forum in Singapore. AFP
Fri, 29 April 2016

WEF summit to spotlight Cambodia

Cambodia's business community yesterday welcomed the announcement that the World Economic Forum (WEF) will host a major regional meeting in Phnom Penh next year, adding that the high-profile international summit would help raise the

A truck waits to be unloaded at Sihanoukville Autonomous Port in 2014.
Fri, 29 April 2016

Transport companies agree to drop fees

Cambodia's two largest ports and the country’s biggest transport associations agreed yesterday to cut fees on container shipments in response to newly appointed Transportation Minister Sun Chanthol’s

The Council of Ministers has granted Petrochemicals (Cambodia) Refinery Ltd two years to assess the feasibility of developing two pipeline projects in Cambodia. Bloomberg
Fri, 29 April 2016

Scant details emerge on petroleum pipeline project

The Council of Ministers has granted a petrochemical company two years to conduct feasibility studies for constructing a network of oil and gas pipelines to crisscross Cambodia, but details about the pipeline project and the company set to carry out the study are about as murky as the liquid contents expected to flow through it.

A man maintains crops in a sugarcane field in Kandal province’s Saang district in 2011.
Thu, 28 April 2016

Sugar cane harvesters find their sweet spot

The expansion of sugarcane cultivation in Cambodia is driving strong demand for mechanical cane harvesters, with sales expected to spike this year on hotter temperatures and with large-scale projects coming online, representatives o