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Business

The fleet of Taxi Rouge, Phnom Penh’s newest cab service, hit the road just two weeks ago. Its Cambodian-born, French-raised chief executive officer, Aum Rithyrith, talks about his return to Cambodia and why he decided to jump into the increasingly competitive taxi business.

A woman conducts business at Prasac Microfinance Institution
Fri, 1 August 2014

Big strides for savings in MFIs

Microfinance deposits are on the rise, a positive trend that the industry says is moving the country towards a reduced dependency on foreign funding and that will eventually lead to greater control over interest rates.

Thu, 31 July 2014

Economic policy on the agenda

The National Bank of Cambodia (NBC) yesterday held its inaugural “macroeconomic conference”, an annual event that aims to garner input from economists, researchers and the financial operators into future economic policy formation.

Thu, 31 July 2014

Maiden landing at beachside airport

Sihanouk Ville International Airport received its first international flight this week, a landing the industry hopes will open up the coastal resort destination to more foreign tourists.

Thu, 31 July 2014

Fish exports decline in the first half of the year

Cambodia’s fish exports dropped 12 per cent in the first six months of 2014 compared with the same period last year, and the industry is divided as to the cause of the decline.

A woman performs quality checks on cashew nuts at the Cashew Nut Village Shelling Center in Kampong Thom province
Thu, 31 July 2014

Cashew nut export numbers aren’t adding up: producers

Cambodian cashew nut exports are on the rise, yet export figures are still well below production numbers, with thousands of tonnes unaccounted for.

Wed, 30 July 2014

SECC plans same-day settlement on trading

The Securities and Exchange Commission of Cambodia (SECC) is planning new measures for trading on the local stock exchange that it says will encourage investors to trade more actively.

Tue, 29 July 2014

Gov’t gives telecom firms time to digest new draft law

The ministry of Posts and Telecommunications (MPTC) has postponed a two-day meeting with telecom firms to discuss a controversial draft law leaked to the Post last week, which details the government’s plan to assert control over the

Tue, 29 July 2014

US-listed education provider moves in

US-listed firm Nord Anglia Education has taken over the management of Northbridge International School, the education provider announced earlier this month.

A villager stands with her baby in a logged area in Keo Seima district in Mondulkiri province
Tue, 29 July 2014

Forestry revenues falling short

Rights groups have called on the government to increase tax rates for logging companies amid the latest domestic revenue figures.