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Business

The number of internet subscribers in Cambodia increased significantly last year, reaching a total of 5.02 million by December 2014, up 30 per cent from the end of 2013.

An employee points out a stack of rice for an order at a rice warehouse in Phnom Penh
Fri, 27 March 2015

Strong dollar casts worries for exports

It’s no secret that Cambodia is a highly dollarised country, with certain estimates suggesting a more than 80 per cent penetration of the greenback.

A man plays poker at a casino in Preah Sihanouk last year
Thu, 26 March 2015

More casinos on the horizon

Three new casinos are set to open in Cambodia’s southern province of Takeo, aiming to cash in on an influx of Vietnamese gamblers, as the gambling hubs are targeting a mid-April opening, a Ministry of Economy and Finance official sa

Wed, 25 March 2015

GTI sees its revenues drop in fourth quarter

Grand Twins International, the second firm to list on the Cambodian Securities Exchange, reported $13.27 million in revenues during the last three months of 2014, down 28.6 per cent from its figures reported in 2013.

Tourists leave Angkor Wat temple in Siem Reap province
Wed, 25 March 2015

ADB sees 7.3 pct growth for 2015

Cambodia is set to continue its 7-plus per cent expansion in 2015 and 2016, on the back of improving export and tourism numbers, although labour unrest in the garment industry and ballooning credit growth in the property sector pose

Wed, 25 March 2015

Siem Reap ranked one of world's best travel spots

Siem Reap has been placed second among the world’s top 25 travel destinations in 2015, jumping seven places from last year’s ranking, as judged by leading online travel site TripAdvisor.

Tue, 24 March 2015

Cambodian massage parlours told to shape up

Cambodia’s massage palours and spa centres are now required to have at least 30 per cent of their staff trained and certified or risk having their business permits revoked, according to a new directive from the Ministry of Tourism.

Hun Sen looks at development photos during an inauguration ceremony at the Sokha Hotel on Chroy Changvar peninsula
Tue, 24 March 2015

Sokha Hotel officially opens

After more than six years of construction, the Sokha Phnom Penh Hotel and Residence officially opened its doors to the public yesterday, with Prime Minister Hun Sen on hand to inaugurate the city’s newest hotel.

Assembly line workers check and package manufactured products at a Japanese owned factory in the Phnom Penh
Mon, 23 March 2015

Japanese firms look to expand

Japanese companies in the Kingdom are looking at expanding local operations as business confidence for 2015 is expected to rise on account of higher projected sales and operating profits, according to a survey conducted by the Japan

Mon, 23 March 2015

EU team to support current rice imports

An EU delegation pledged continued support to Cambodia’s rice exports and ongoing efforts to diversify the Kingdom’s rice export destinations in a statement released last Friday, after a meeting with the Cambodia Rice Federation.