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Concerns are that, while the middle class is growing, Cambodia’s consumer base is not yet able to support premium retailers

Fri, 27 November 2015

Star Vegas casino turns profit as VIPs chip in

A new VIP gambling room at the Star Vegas Resort and Club casino in Poipet raked in nearly $700,000 in revenue during its first full month of operation, its management announced yesterday.

A worker checks manufactured shoe parts at a Japanese manufacturing plant in the Phnom Penh Special Economic Zone last year.
Fri, 27 November 2015

Kingdom shows narrow but strong FDI growth

Foreign direct investment flows continued to see strong growth across the 10-member ASEAN bloc in 2014, with most countries in the Lower Mekong region reporting higher levels of inflows given their rising infrastructure needs and ma

Jayant Menon, lead economist for the Regional Cooperation and Integration Division of the Asian Development Bank, talks to the Post last week in Phnom Penh.
Fri, 27 November 2015

SEZ policy hinges on infrastructure

The Post’s Cam McGrath sits down with Jayant Menon, lead economist for ADB’s Office for Regional Economic Integration, to discuss the role and impact of the country’s SEZ program.

The Cambodian Stock Exchange (CSX) offices at Canadia Tower in 2013. A Hong Kong-based developer intends to be the first foreign company listed on the CSX.
Thu, 26 November 2015

Chinese firm intends to list on CSX in 2016

Hong Kong-based developer Eastland Development (HK) Ltd has expressed interest in listing on Cambodia’s stock exchange within a year.

People relax at a beach in Preah Sihanouk province in 2012. The lack of celebratory events in Phnom Penh for the Water Festival has seen a bump in domestic tourism to other parts of the country.
Wed, 25 November 2015

For festival, any water will do

This year’s subdued Water Festival festivities in the capital, where traditional boat races were cancelled, has resulted in a bump in tourism in the provinces as Cambodians use the three-day holiday to visit their families, enjoy cu

Planes come and go at Phnom Penh International Airport in 2013. A new deal between Cambodia and Russia facilitates direct flights between the two countries.Planes come and go at Phnom Penh International Airport in 2013. A new deal between Cambodia and Russia will facilitate direct flights between the two countries.
Wed, 25 November 2015

Deal puts direct flight to Russia on radar

Cambodia and Russia yesterday signed an air transport services agreement that will facilitate direct flights between the countries, according to Russian state news agency TASS.

Tue, 24 November 2015

Fuel-price formula is sent to Hun Sen

After months of negotiations between the government and fuel retailers, a proposed pricing mechanism aimed at ensuring that prices at the pump correspond to fluctuations in global petrol prices has been submitted to Prime Minister H

Tue, 24 November 2015

Central bank picks custodian for foreign reserves

Cambodia's central bank has selected Bank of New York Mellon (BNY Mellon) to act as the global custodian of its foreign reserves, it said in a press release yesterday.

People surf the internet at a cafe in Phnom Penh late last year. The Kingdom’s telecom regulator has said that 34 companies have until the end of the month to prove they are providing services to customers or their licences will be revoked.
Tue, 24 November 2015

Internet firms to lose licences

Cambodia's telecom regulator will strip the operating permits of more than 30 private companies licensed to provide internet and Voice-over-Internet Protocol (VoIP) services unless they can demonstrate that they are commercially act