Phnom Penh Post - Business
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Google hit with record €4B fine
The European Union slapped Google with a huge €4.34 billion fine for abusing the dominance of its Android operating system on Wednesday in the biggest antitrust penalty in the bloc’s history.
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Firm brings in US tutor program
Publication date 16 July 2018 | 10:05 | ICTFasTracKids, an educational program for children which is currently available in 45 countries, will soon debut in the Kingdom as local firm LVLs signed a deal for the franchise rights.
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Kingdom’s rubber exports bounce high in first half
Publication date 16 July 2018 | 08:34 | ICTCambodian rubber exports surged 21 percent during the first half of the year, compared to the same period last year, the Ministry of Agriculture said on Sunday.
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Bumpy road for local ride apps
Publication date 13 July 2018 | 10:49 | ICTRide-hailing services seem to have grown into a dominant player in the capital’s transportation sector.
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IT firm eyes insurance market with new partnership
Publication date 13 July 2018 | 09:07 | ICTCambodian information technology (IT) solution firm IG Tech announced on Thursday that it had reached a partnership agreement with Malaysia-based Aetins to sell software to insurance companies.
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CSX head urges use of private equity
Publication date 12 July 2018 | 10:29 | ICTThe head of the Cambodia Securities Exchange (CSX) on Wednesday urged businesses in the Kingdom to consider utilising private equity funds, saying it would help them grow faster and make it easier for them to list on the exchange in
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Hopes banked on new rice facilities amid export dip
Publication date 11 July 2018 | 11:11 | ICTCambodian rice exports decrease nearly six percent year-on-year during the first half of the year, while an official from the Ministry of Agriculture urged the private sector to secure a solid position in the international market.
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A new carrier takes off in capital
Publication date 11 July 2018 | 09:41 | ICTCambodia Airways, the latest passenger airline to enter the Kingdom, launched its first domestic flight on Tuesday.
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Nissan opens third Cambodian showroom
Publication date 11 July 2018 | 09:40 | ICTTan Chong Motor (Cambodia) Pty Ltd (TCMC), the exclusive distributor of Nissan vehicles in the Kingdom, unveiled its new Nissan Urvan in conjunction with the opening of its third showroom in Phnom Penh on Tuesday.
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National Bank head calls on cops to bust 20 illicit lenders
Publication date 10 July 2018 | 11:18 | ICTThe governor of Cambodia’s central bank has sent a letter to the National Police seeking legal action against more than 20 firms that are allegedly offering illegal loans.
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Coal-fired facility in Preah Sihanouk gets government nod
Publication date 10 July 2018 | 11:17 | ICTA more than $1.2 billion coal-fired powerplant project will break ground in Preah Sihanouk province early next year, said Ministry of Mines and Energy officials.