In a country where only one in 15 people has a bank account but nearly all have a cell phone, a handful of Cambodian banks are expanding mobile banking services in hopes of reaching new customers.

Cargo shipment revenue at Sihanoukville Autonomous Deep Sea Port increased 33 per  cent in January compared to the same time last year, according to data obtained yesterday from the port.

ACLEDA and Canadia Bank have signed an agreement with the Ministry of Economy and Finance (MEF) to introduce a public financial reform management system in 17 provinces.

Loan and deposits across 31 banks in Cambodia rose 33.5 per cent and 20.4 per cent in 2011 year-on-year, respect-ively, official data from the National Bank of Cambodia (NBC) shows.

Banks in Cambodia installed 87 new ATMs in the country in 2011.

The first overseas branch of Saigon-Hanoi Commercial Joint Stock Bank (SHB) will officially launch in Phnom Penh today in its first bid to tap neighbouring ASEAN economies.

Mong Reththty Group, a Cambodian grower and exporter of palm oil, announced that 2011 exports to international markets increased 13 per cent.

The term Web 2.0 describes the internet as a medium for users to generate content, share information, interact and collaborate, as opposed to websites just giving information and users simply accessing it.

Tourism officials laid down the strategy for cleaning up Cambodian cities by asking nine Phnom Penh districts and 26 other cities to compete in a “clean city” competition, officials said yesterday.

Cambodia's exports to South Korea rose by more than 100 per cent last year.

Local and foreign tourism in Sihanoukville province and Angkor Wat rose significantly last month.

A Thai energy firm has completed a study for a 1,800-megawatt coal power plant in Koh Kong province, and had asked for Prime Minister Hun Sen's support in furthering the project, government officials confirmed yesterday.

Although premium revenue for Cambodia's six big insurance companies rose 19 per cent last year, total claims grew at a rapid 178 per cent.

The total values for investment projects in Cambodia’s Special Economic Zones (SEZ) increased about 683 per cent year-on-year in 2011.

Cambodian lobster farmers will attempt to boost their yields this year as they try to keep up with increasing demands for the crustacean, officials at lobster hatcheries said.

State-owned Export-Import Bank of China will lend US$302 million to Cambodia for three road and irrigation projects.