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Business

The government is conducting an audit of NagaWorld in Phnom Penh to assess its tax liabilities on non-gaming operations after finding “discrepancies” last year that prompted the first-ever government probe of the landmark casino and entertainment complex’s finances.

A monitor displays the Cambodian stock market index next to the reception of the CSX earlier this month in the Kingdom’s capital.
Tue, 30 August 2016

Grand Twins sees revenue up, profit down

Grand Twins International (GTI), the only publicly traded garment firm on the Cambodian stock market, reported that profits decreased by over 15 per cent year-on-year during the first six months of 2016 despite a hefty increase in r

Tue, 30 August 2016

Group Lease ties into True Money network

Digital finance firm Group Lease Finance (GLF) and mobile payment company True Money have announced a new partnership to provide loans and financial services in Cambodia.

Shipping containers await transportation at the Sihanoukville Autonomous Port in 2012.
Tue, 30 August 2016

Port officials chart course for maritime trade growth

Port officials from ASEAN member states gathered in Phnom Penh yesterday to discuss ways of improving the region’s cargo port system and further standardising maritime trade procedures, a Cambodian port official said yesterday.

EuroCham chairman Arnaud Darc speaks to the Post earlier this month in Phnom Penh.
Mon, 29 August 2016

Finding a path for future growth

EuroCham, Cambodia’s largest foreign chamber of commerce, is under new stewardship.

Motorists drive past the showroom for The Bay in Phnom Penh yesterday afternoon.
Mon, 29 August 2016

Developer puts condo project The Bay on hold as supply glut looms

The Singaporean developer behind The Bay, a $500 million mixed-use real estate project on the capital’s Chroy Changvar peninsula, has announced it is putting the residential phase of the project on hold due to unfavourable market co

A worker drives past the main entrance to the Phnom Penh Special Economic Zone in May.
Mon, 29 August 2016

Industrial park operator hopes to clinch land sales

Industrial park operator Phnom Penh SEZ anticipates that net profit will expand more than 10-fold by the end of this year after it cements deals with two Japanese manufacturing companies next month and hopes to capture an additional six investors as tenants, company representatives said during a presentation on Friday.

Fri, 26 August 2016

Moody’s cautious on GDP growth, warns of credit bubble

Global credit rating agency Moody’s Investors Services said yesterday that Cambodia’s B2/stable sovereign credit rating was supported by its robust economic growth and modest debt burden, but its narrowly focused industrial sector a

Fri, 26 August 2016

Officials discuss future Kep developments

Tourism Ministry officials held a meeting yesterday to discuss a project to develop a tourist port in Kampot province and a planned drainage system for Kep’s Crab Market – two tourism infrastructure projects backed by the Asian Deve

Fri, 26 August 2016

Hong Kong firm places growth on Cambodia

Kerry Logistics reported growth in Cambodia and Southeast Asia despite weak overall profits during the first half of the year, the said Hong Kong-based firm.