NBC: Loans, deposits see double-digit 2022 growth
The Kingdom’s banking and financial institutions posted very solid business performance overall last year despite regional and global uncertainty and inflationary pressures tied to Covid-19 and the Ukraine crisis. ...
May Kunmakara
https://www.phnompenhpost.com/business/nbc-loans-deposits-see-double-digit-2022-growth
Tie-ups eyed for gainful rice types
Minister of Agriculture, Forestry and Fisheries Dith Tina urges the Cambodian Agricultural Research and Development Institute (CARDI) to focus on partnering with businesses to monetise the creation of different varieties of rice to create new income streams. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/business/tie-ups-eyed-gainful-rice-types
Social media platforms taking over e-Commerce segment
Social media is rapidly taking over the e-Commerce sector in the Kingdom with almost all local businesses promoting their services using social media platforms, a latest market report has revealed. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501340001/social-media-platforms-taking-over-e-commerce-segment/
Cambodia-India ties strengthening
Ambassador Devyani Khobragade highlighted the increased business interactions aimed at bolstering bilateral trade. ...
Samban Chandara
https://www.phnompenhpost.com/national/cambodia-india-ties-strengthening
PM urges informal workers to register
Prime Minister Hun Manet on Tuesday called on informal workers to voluntarily register their business to enable authorities to manage data and provide benefits, including debt waivers and a five-years tax exemption. ...
Chhorn Raksmey
https://kiripost.com/stories/pm-urges-informal-workers-to-register
MSMEs urged to reduce carbon footprint
By implementing sustainable practices, micro, small and medium-sized enterprises (MSMEs) can reduce their carbon footprint, minimize waste and pollution, and conserve natural resources, a business forum said on Thursday. ...
Mon Sokeo
https://kiripost.com/stories/cambodia-msmes-urged-to-reduce-carbon-footprint
Vietnamese firms in Cambodia foster connections and enhance trade
Representatives from about 50 Vietnamese enterprises and Khmer businesses of Vietnamese-origin gathered in Phnom Penh on January 16 to share their experience in operating and investing in Cambodia and foster their connections. ...
Khmer Times Staff
https://www.khmertimeskh.com/501425155/vietnamese-firms-in-cambodia-foster-connections-and-enhance-trade/
Year's crime ranged from brutal to bizarre
Law and order in Cambodia this year has been a strange mix of the brutal and the bizarre. From horrific murders to the police’s decision to deliver crystal meth to phony hostage-takers during a bank heist, crime has continually made headlines in a year when the ...
Shane Worrell and Buth Reaksmey Kongkea
http://www.phnompenhpost.com/national/years-crime-ranged-brutal-bizarre
Sihanoukville Runs Dry During Water Crisis
A water shortage in the tourist town of Sihanoukville has led authorities to advise scores of businesses to dig their own wells as only 50 percent of local demand is currently being met after high temperatures dried up the water supplier’s only reservoir. On March ...
http://www.cambodiadaily.com/news/sihanoukville-runs-dry-during-water-crisis-16609/
Protected forest ‘is finished’
In the latest government backed appropriation of protected land, nearly 20,000 hectares of the Boeung Per wildlife sanctuary have been reclassified as state private land for agro-industrial development. Two sub-decrees, obtained by The Post this week and initialed by Prime Minister Hun Sen on July ...
China, Cambodia Ink 29 Agreements for Economic and Trade Ties
The relations between People’s Republic of China and Cambodia have become closer in the way of culture, in which China is the most important strategic development partner in improving Cambodia’s economic growth through both financial and technical grant aids,” Mr. Eang Sophalet, assistant to Samdech ...
A rare delicacy hard to sell
Ou Seathong sells one of the most expensive foods in the world: edible bird spit. At her shop on Street 182 in Phnom Penh, she sorts edible bird nests on the shelves. Hundreds of years old, the Chinese delicacy is made of the congealed saliva ...
Rann Reuy
http://www.phnompenhpost.com/business/rare-delicacy-hard-sell
Vietnam's Chinese flee unrest to Cambodia
Chen Qun squinted into the morning sunlight as she walked out of the customs and immigration office in Bavet, a small border town that serves as one of the main gateways for land travel between Cambodia and Vietnam. “I have no friends in Sviey Rieng so ...
Luc Forsyth
http://www.aljazeera.com/indepth/features/2014/05/vietnam-chinese-flee-unrest-cambodia-201451873538689813.html
Cracks Put Future of Historic Buildings in Doubt
Running down the middle of Mak Sitha’s newly renovated fashion boutique in Phnom Penh is a crack that is splitting her floor tiles in two. Yesterday, part of the floor at Lady Penh Designs began to cave into the ground. Like several other business and ...
Lucky sells big stake to Asian retail giant
Big Asian retailer Dairy Farm Group has formed a joint venture with Cambodia’s Lucky Market Group, the operator of Lucky Supermarket and Lucky Burger, according to an announcement yesterday. LMG, which opened its first supermarket in 1993, will join a stable of brands already controlled by ...
Rapid economic growth props up Cambodia’s strongman
Between 1995 and 2017 Cambodia grew at an average rate of 7.7%; gdp per person rose from $321 in 1994 to $1,137 in 2017, after accounting for inflation. Foreign money has flooded in and Cambodia’s economy, which war and the Khmers Rouges had destroyed, has ...
The Economist
https://www.economist.com/asia/2019/04/20/rapid-economic-growth-props-up-cambodias-strongman
Banking on human resources
Acleda Bank, Cambodia’s largest bank, is morphing its existing training centre into a full-fledged educational institution, after obtaining a licence last month. The new institute will look to provide bachelor’s and master’s degrees in business administration, with majors in finance and banking. The Post’s Sorn ...
Sorn Sarath
http://www.phnompenhpost.com/business/banking-human-resources
Water Festival cancellation brings drought for capital’s vendors
The abrupt cancellation of this year’s Water Festival has had an economic fallout on small businesses that see the annual event as a windfall for their marketing and sales efforts, and had already invested in promotional materials.The cancellation marks the fourth time in five years ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/water-festival-cancellation-brings-drought-capitals-vendors
New fines announced for trash code violators
A stern warning to clean up or pay up was issued to litterbugs yesterday, with Interior Minister Sar Kheng announcing fines for improper waste disposal across the country. According to the sub-decree, people who do not follow guidelines on separating waste, or who dump or ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/new-fines-announced-trash-code-violators
Preah Sihanouk province poised to generate power from recycled waste
Chinese-owned Li Yu Heng Cambodia Construction expressed its plan to invest in using recycled waste to generate power for consumption in Preah Sihanouk province. The plan was hatched due to the rising demand for electricity as business and investment activities are growing in the province. ...
May Kunmakara
https://www.phnompenhpost.com/business/preah-sihanouk-province-poised-generate-power-recycled-waste