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Business

Low-cost carrier Air Asia is to launch a regional air pass next year in an effort to boost revenues and increase tourism in Southeast Asia.

Wed, 26 November 2014

New ferry terminal approved in Kampot

Kampot’s new ferry terminal is expected to begin construction next year after approval yesterday of an $18 million loan from the Asia Development Bank.

People work at a charcoal facility in Phnom Penh earlier this year to produce low-emission charcoal that uses less forestry products
Wed, 26 November 2014

Carbon credits a tough sell

Despite one success story emerging in the trade of Cambodia-generated carbon credits, immediate prospects for the environmental trading scheme in Kingdom remain few.

A garment worker cleans an item of clothing at Grand Twins International Factory earlier this year in Phnom Penh’s Dangkor district
Tue, 25 November 2014

Grand Twins revenue plunges

Grand Twins International (GTI), one of two listed firms on the Cambodian Stock Exchange, has blamed third-quarter revenue losses on garment-worker demonstrations in December and January.

Mon, 24 November 2014

Online sales spur China calls for more fruit

Chinese officials have called on Cambodia to increase fruit exports amid an expected rise in domestic demand for fresh produce fuelled by online sales.

A customer at a Sokimex petrol station waits for his change from a fuel attendant
Fri, 21 November 2014

Prices at the pump set to fall, gov’t says

The cost of filling up a motorbike will drop by as much as 12 per cent today after the government called on petrol retailers to fall in line with declining global oil prices.

Fri, 21 November 2014

Europe pledges $1.8 billion in aid over next five years

The European Union will provide $1.8 billion in assistance to Cambodia over the next five years, a delegation of European ambassadors to the Kingdom announced yesterday.

Fri, 21 November 2014

Regional officials meet over rubber fall

Officials from Southeast Asia’s natural rubber-producing nations met in Kuala Lumpur yesterday for the 12th International Tripartite Rubber Council (ITRC).

Women demonstrate traditional rice-farming methods in Phnom Penh on Tuesday at the second annual rice festival
Fri, 21 November 2014

Cambodia three-time champ

Cambodian rice was yesterday named the World’s Best Rice for 2014 along with Thailand, an accolade the Kingdom has received for the past three years running.

PricewaterhouseCoopers partner Marius Kunneke (left) and director Muny Samreth pose for a photograph at their office in Phnom Penh
Fri, 21 November 2014

Cambodia’s growth relies on APEC

Marius Kunneke, partner of PricewaterhouseCoopers Cambodia, and Muny Samreth, director of tax and consulting, talk about the Kingdom’s challenges in penetrating APEC economies’ value chains.