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Steel imports drop, exports up

Cambodia imported iron and steel worth $281.06 million last year, down 41.11 per cent from 2019’s $477.26 million and exported $6.20 million, rocketing 351 per cent from $1.37 million, according to the Ministry of Commerce. ...

Hin Pisei
https://www.phnompenhpost.com/business/steel-imports-drop-exports

AFD help in green public finance management to continue

The Agence Française de Développement (AFD) has re-asserted the Public development Banks’ (PDB) involvement in green public finance management during the latest visit to Cambodia by Rémy Rioux, Chief Executive Officer of the French development Agency and President of FICS (Finance In Common Summit). ...

Prakash Jha
https://www.khmertimeskh.com/501244622/afd-help-in-green-public-finance-management-to-continue/

Sihanoukville gets ready for listing

The Sihanoukville Autonomous Port (PAS) launched a book building process yesterday to determine what price to offer in an initial public offering (IPO), before it is listed on the Cambodia Securities Exchange late next month. ...

Chea Vannak
http://www.khmertimeskh.com/news/37759/sihanoukville-gets-ready-for-listing/

DBD becomes Growth Board’s first listing

DBD Engineering Plc, a local multi-purpose engineering and construction firm, went public via initial public offering (IPO) on the Cambodia Securities Exchange’s (CSX) Growth Board on September 6. ...

Thou Vireak
https://www.phnompenhpost.com/business/dbd-becomes-growth-boards-first-listing

Solar financing on the way

A program to provide credit to people to buy home solar panels is set to launch this month after three microfinance organizations agreed to sign on, said Arjen Luxwolda, managing director of solar provider Kamworks. ...

Igor Kossov
http://www.khmertimeskh.com/news/15590/solar-financing-on-the-way/

France to boost cooperation on further developing rural sector

France has promised to strengthen bilateral cooperation with Cambodia further in rural development, among other sectors, according to its chief envoy to Cambodia. ...

Taing Rinith
https://www.khmertimeskh.com/501363160/france-to-boost-cooperation-on-further-developing-rural-sector/

Riel-based deposits and lending help NBC’s de-dollarisation efforts

The banking system has played a crucial role in supporting Cambodia’s recovery from the economic downturn in the wake of Covid-19 with National Bank of Cambodia (NBC) pursuing an accommodative and prudent monetary policy to meet the needs of the economy. ...

Manoj Mathew
https://www.khmertimeskh.com/501263299/riel-based-deposits-and-lending-help-nbcs-de-dollarisation-efforts-2/

France to inject €215M into Kingdom’s development projects

France vowed to continue financing development projects in the Kingdom by adding a budget worth €215 million through the French development Agency (AFD) focusing on the improvement of vocational training, energy sector and production of clean water. ...

Nhean Chamrong
https://www.khmertimeskh.com/501426619/france-to-inject-e215m-into-kingdoms-development-projects/

Exports to EU show promise

Cambodia’s exports to the European Union increased by 40 per cent to a total value of US$1.3 billion in 2011, according to European Trade Commissioner Karel de Gucht, who is in Phnom Penh for the ASEAN-EU Business Summit. “I think it is fair to say ...

http://www.phnompenhpost.com/index.php/2012040255365/Business/exports-to-eu-show-promise.html

Tourism ministry to build vocational schools

The government plans to build two vocational training centers in Phnom Penh and Sihanoukville in an effort to strengthen the competitiveness of the tourism sector in Cambodia, the minister of tourism said Monday. ...

Peter Ford and Kang Sothear
https://www.cambodiadaily.com/news/tourism-ministry-to-build-vocational-schools-95017/

Anemia in Kingdom not always about iron: study

Nearly half of Cambodian women of reproductive age suffer from at least mild anemia, however iron and other nutrient deficiencies may not be to blame, a study published on Friday suggests.   ...

Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/anemia-kingdom-not-always-about-iron-study

Bosch says sales rising on growth of economy

Bosch Cambodia, a supplier of power tools and automotive parts, announced yesterday that its sales revenue grew by 22 per cent in 2015, driven largely by a greater number of construction and automotive projects in the Kingdom. ...

Hor Kimsay
http://www.phnompenhpost.com/business/bosch-says-sales-rising-growth-economy

AFD provides $1.8m grant to protect rubber sector in Cambodia

The Agence Française de Développement (AFD) and the Cambodian General Directorate of Rubber on Friday signed an agreement for a $1.8 million (1.5 million euro) regional grant to anticipate the possible effects of climate change and agricultural labour scarcity within the rubber industry in Southeast ...

Khmer Times Staff
https://www.khmertimeskh.com/50930382/afd-provides-1-8m-grant-to-protect-rubber-sector-in-cambodia/

Latest property reports offer evidence of strong growth

In its latest Market View report, CBRE Cambodia Research concludes that Phnom Penh has well and truly put the fallout from the Global Financial Crisis – which saw many condominium developments in the city put on hold or even fail – behind it, and the ...

Post Staff
http://www.phnompenhpost.com/real-estate/latest-property-reports-offer-evidence-strong-growth

Acleda to be listed on CSX

Locally-owned Acleda Bank Plc will become the first commercial bank to be listed on the Cambodia Securities Exchange (CSX). It received an official letter to this effect from the National Bank of Cambodia (NBC) on November 26, which allows it to proceed with its plans for ...

May Kunmakara
https://www.phnompenhpost.com/business/acleda-be-listed-csx

Koreans eyeing bank IPO

Korean investors are looking forward to investing in the local stock market as it prepares to welcome Acleda Bank Plc into its main board. With Acleda Bank, one of the largest banks in the Kingdom, scheduled to go public in upcoming weeks, hundreds of Korean businesspeople ...

May Kunmakara
https://www.phnompenhpost.com/business/koreans-eyeing-bank-ipo

De Castle Royal launches leaseback program

In a first for Phnom Penh, South Korean condominium developer Nury D&C has teamed up with SBI Royal Securities to offer condominium buyers a leaseback arrangement on the remaining condo-miniums and condo-minium blocks for sale at de Castle Royal. The 32-storey de Castle Royal has a ...

Post Staff
http://www.phnompenhpost.com/real-estate/de-castle-royal-launches-leaseback-program

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