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Children blow out candles on a birthday cake at a restaurant in Phnom Penh.

Study shows local couples value financial planning

Publication date 14 December 2017 | 23:10 | ICT

As the Kingdom struggles to establish a stable middle-class, Cambodian couples are more interested in financial planning than ever before but remain at risk to financial shocks that could be prevented by the expansion of the insurance

Top stories

  • A worker collects coagulated latex at a rubber plantation in Kampong Cham’s Memot district in 2014. Government fails to recoup on rubber expenses
    Publication date 13 December 2017 | 08:30 | ICT

    Despite a 31 percent increase in Cambodian rubber exports during the first 11 months of this year, the Ministry of Agriculture is failing to recoup

  • A worker operates machinery at a precast plant in Phnom Penh’s Russey Keo district in 2015. Kingdom’s factory registrations on the rise in 2017
    Publication date 12 December 2017 | 06:53 | ICT

    More than 115 new factories were registered during the first nine months of the year, an increase of 7.5 percent compared to the same period last

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  • Recall of Lactalis baby formula hits Kingdom

    Publication date 14 December 2017 | 23:11 | ICT

    France’s Lactalis, the largest dairy group in the world, started a global recall of potentially contaminated infant formula earlier this week, with the exclusive Cambodian distributor of the product claiming that as of yesterday app

  • A motorcycle passes a row of small retail stores along Sothearos Boulevard in Phnom Penh.

    Government hopes decentralisation boosts business registration

    Publication date 14 December 2017 | 23:11 | ICT

    To promote the registration of small- and medium-size enterprises (SMEs), the Ministry of Industry and Handicraft will begin early next year to decentralise the process by granting provincial government officials the authority to re

  • New capital HQ planned for Sathapana Bank

    Publication date 14 December 2017 | 23:14 | ICT

    Japanese-owned Maruhan Japan Bank will build a 22-storey $60-million new head office for its wholly owned Sathapana Bank Plc in downtown Phnom Penh, with a completion date expected for sometime in 2020, according to a report by stat

  • Minister appeals for Argentina investors

    Publication date 15 December 2017 | 12:13 | ICT

    Cambodian Commerce Minister Pan Sorasak requested that senior Argentinean officials should encourage Argentinean investors and businessmen to look at economic prospects in the Kingdom, according to state-run news agency Agence Kampu

  • A fibreglass Santa Claus pictured at the DecorCam factory on the outskirts of Phnom Penh.

    Statue company hopes to deck out Cambodia for Christmas

    Publication date 14 December 2017 | 06:56 | ICT

    Aiming to mould a niche market in Cambodia, DecorCam, a company that specialises in customising fibreglass statues, set up shop in Phnom Penh earlier this year and has been busy pouring, sculpting and painting life-size figurines to

  • A plane takes off from Phnom Penh International Airport in 2013.

    New hall inaugurated at airport in capital

    Publication date 14 December 2017 | 08:24 | ICT

    Cambodia Airports, a company majority-owned by France’s Vinci Group, officially inaugurated its $26 million new arrivals hall and the extension of its boarding concourse yesterday at the Phnom Penh International Airport.

  • Youths work at a co-working space last year in Phnom Penh.

    Kingdom’s startups stuck in the middle with no capital

    Publication date 13 December 2017 | 07:33 | ICT

    Despite Cambodia having a vibrant startup scene with entrepreneurs launching ventures on a near daily basis, businesses trying to tap into financial resources for growth have difficulty accessing capital and are stuck in the unbanka

  • A worker collects coagulated latex at a rubber plantation in Kampong Cham’s Memot district in 2014.

    Government fails to recoup on rubber expenses

    Publication date 13 December 2017 | 08:30 | ICT

    Despite a 31 percent increase in Cambodian rubber exports during the first 11 months of this year, the Ministry of Agriculture is failing to recoup on expenses it has spent sending expert technicians into the field in order to help

  • Garment workers seen commuting on National Road 6 in September in Kampong Cham province.

    Cambodia facing a dilemma on plan to give roads a facelift

    Publication date 13 December 2017 | 06:51 | ICT

    With more than half of Cambodia’s 6,000 kilometres of roads being classified as “poor” or of “bad” quality by the Ministry of Public Works and Transport, industry insiders said that the government needs to engage with the private se

  • A worker operates machinery at a precast plant in Phnom Penh’s Russey Keo district in 2015.

    Kingdom’s factory registrations on the rise in 2017

    Publication date 12 December 2017 | 06:53 | ICT

    More than 115 new factories were registered during the first nine months of the year, an increase of 7.5 percent compared to the same period last year, creating over 50,000 jobs, according to data from the Ministry of Industry and H