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Business

A pedestrians stroll past NagaWorld in Phnom Penh
Mon, 21 April 2014

NagaCorp VIP program questioned

Citi Research, the strategy and analysis arm of Citigroup Inc, one of the world’s largest financial firms, has questioned NagaCorp’s VIP junket program in a recent report that also cites cross-border competition and tourism failings

Mon, 21 April 2014

Dividend doubles for PPWSA investors

Shareholders in the Phnom Penh Water Supply Authority (PPWSA) will receive a dividend payment of 54.75 riel per share on April 23, almost double the 2013 payout figure of 27.7 riel.

Tourists explore Bayon Temple in Siem Reap
Mon, 21 April 2014

New Year sees tourism boom

The number of domestic and foreign tourists visiting historical sites and the Kingdom’s coastal areas increased sharply during this year’s three-day Khmer New Year, according to provincial tourism departments.

Fri, 18 April 2014

S Reap fish paste production halts over weak demand

Villagers in Kampong Khlaing commune in Siem Reap province’s Sotr Nikum district have halted Kamlearnh fish paste production due to lagging demand, according to the industry’s representative body.

CEO of Cambodia Angkor Air, the Kingdom’s only national domestic and international carrier, Trinh Hong Quang
Fri, 18 April 2014

Cambodia airline eyes record year

Cambodia’s commercial aviation market is small, but growing at the fastest pace of all its Asean counterparts.

The majority of Cambodia’s of rice is exported annually via Sihanoukville Port in an estimated 15,750 shipping containers
Fri, 18 April 2014

Rice customs fees dropped

The Ministry of Economy and Finance (MoEF) will scrap customs fees for rice exporters from May 1 in an effort to reduce production costs and boost Cambodia’s competitiveness in the sector, according to a letter obtained by the Post.

Fri, 11 April 2014

Cambodian mangoes ship off to China

Agriculture tycoon Mong Reththy yesterday confirmed a second shipment of Koe Romeat mangoes, twice the size of the first, will be headed for China this week from his Preah Sihanouk plantation.

Fri, 11 April 2014

Preah Vihear overnight tourist stays a hard sell

Despite a noticeable increase in daily tourist arrivals in Preah Vihear province – home of the 11th-century Preah Vihear temple – overnight stays remain low, tourism officials and guesthouse owners say.

Tourists wander through Siem Reap’s Angkor Wat temple in the Angkor Archaeological Park in 2012
Fri, 11 April 2014

Laos plans new consulate

Laos plans to establish consulate general in Siem Reap province to boost bilateral cooperation with Cambodia through tourism and trade, a senior official from Ministry of Foreign Affairs said on Wednesday.

Jason Liu, Huawei’s Director of Consumer Business for Cambodia and Laos
Fri, 11 April 2014

Smartphones are on the rise

Communications are evolving rapidly in Cambodia, and the tech-savvy youth are craving the latest advancements. Huawei Technologies, China’s largest communications technology company with the world’s third largest share of the smartphone market, has been in Cambodia since 1999, but only last year did it enter the local smartphone market. Jason Liu, director of the consumer business department at Huawei for Cambodia and Laos spoke with Business Editor May Kunmakara this week about his company’s progress in the local market.