AFTER reopening its investment fund last month, Leopard Capital announced in its August newsletter total capital had now reached US$28.55 million. The fund will close again at the end of September, it added. At the end of April, Leopard closed the fund after announcing it had raised $27 million, considerably less than its initial $100 million target that Managing Partner Douglas Clayton said had been revised downwards after the onset of the economic crisis. Clayton said in April he expected Cambodia's economy to rebound in a few years.
In Brief: Leopard raises funds
- Proof giants walked among us humans?
For years a debate has waged about whether certain bas relief carvings at the 12th-century To Prohm Temple, one of the most popular attractions at the Angkor Wat Temple Complex in Siem Reap province, depicted dinosaurs or some rather less exotic and more contemporary animal,
- Japan bank buys major stake in ANZ Royal Bank
Japan's largest bank acquired more than half of ANZ’s shares in Cambodia on Thursday, according to a statement from Kith Meng’s Royal Group. Japan's JTrust Bank, announced that they had acquired a 55% of stake in ANZ Royal Bank. According to a Royal Group
- Long way to go before Cambodia gets a ‘smart city’
Phnom Penh, Siem Reap and Battambang will struggle to attain smart city status without adopting far reaching master plans, according to officials tasked with implementing the program. The brainchild of the Association of Southeast Asian Nations (Asean), the smart city program seeks to link up
- China-Cambodia tourism forum held
The Cambodian tourism sector must be prepared to welcome a growing number of Chinese tourists, as they lead the globe in the number of outbound travellers and were responsible for the most visitors to the Kingdom last year, the country’s tourism minister said on