Cambodia is campaigning to boost its luxury fragrant rice exports to China, the world’s largest market, said Cambodia Rice Federation (CRF) vice-president Chan Sokheang on Thursday. Sokheang told The Post on Thursday that the CRF plans to achieve the quota that China provided Cambodia – ...

As the middle class here expands and the government seeks to boost home ownership, Singapore-based developer HLH Group Ltd is expanding into the market with Camhomes, a brand that aims to tap rising demand from the country’s middle class. ...

Starting today, Kingtel, a new internet and telecom service provider, will offer internet services to customers, with the company expected to launch call services within the next few months. ...

Cambodia’s newest microfinance institution FASMEC Microfinance officially launched yesterday.With a start-up capital of $1 million raised from a handful of investors on the new company’s board, the MFI hopes to expand its loan portfolio by the end of 2016. ...

While the Kingdom’s automotive sector has seen the entry of authorised dealerships, grey market dealers still make up the bulk of car sales.Dealerships are trying to lure prospective customers to purchase new vehicles, but grey market used cars still enjoy a substantial cost advantage given ...

Local agro-industrial conglomerate Mong Reththy Group is negotiating a new partnership that would send large-volume shipments of Cambodian cassava products to Europe for the first time. ...

The chief executive of ANZ Royal Bank has denied media reports that the Australian and New Zealand Bank Group (ANZ) is considering pulling the plug on its Cambodian operations amid a planned retreat from the region’s markets. ...

Mobile World Investment Corp (MWG) – one of the largest mobile phone and electronic products distribution chains in Vietnam – will open its first store in Cambodia, operating under the name BigPhone.com, according to Vietnamese state media. ...

Representatives from global ride-hailing behemoth Uber confirmed the company’s interest in starting operations in Cambodia during a meeting this week with Transportation Minister Sun Chanthol, according to one of the minister’s aides. ...

The government is preparing legislation to regulate the establishment of a corporate bond market that would give local companies a new debt instrument to raise capital for their operations or expansion. ...

While Cambodian mango varieties such as Keo Romeat are well regarded in overseas markets, there are constraints which need to be addressed before large scale exports can be achieved, said the owner of the largest agro-industrial company in Cambodia yesterday. ...

Ith Sam Heng, the Minister of Labour and Vocational Training, met yesterday with Yoshio Kondo, the director of Procast Asia, who is leading a delegation of businessmen from the Toukaizaikai Association, an organisation that has more than 300 member companies in the manufacturing industry and ...

Group Lease Plc (GL), the SET-listed motorcycle leasing firm, is planning to expand into Laos and Vietnam next year after a successful move into Cambodia last year. Mitsuji Konoshita, the chairman and chief executive, said both Laos and Vietnam are promising markets, while the company ...

Mobile firm CooTel, a subsidiary of a large Chinese tele­communications corporation, is making plans to enter Cambodia’s oversaturated mobile phone market, officials said. The Ministry of Posts and Telecommunications granted CooTel’s parent company, Xinwei (Cambodia) Telecom Co. Ltd., an operating license in August 2011 and the ...

Japan-based Terra Motors Corporation viewed Cambodia as a potential market for its electric tuk-tuk, the company’s general manager of overseas sales said yesterday. “We’re thinking of entering the Cambodian market as well. But at this moment, there are no concrete plans. [We] just hope to enter,” ...

German luxury car manufacturer Audi has expanded into Cambodia, joining the recent entry of higher-end automobile producers into a small but growing market. At a signing ceremony in Phnom Penh yesterday, Audi AG appointed Automotive Asia (Cambodia) Ltd as its official distributor in the country. The ...

Kia Motors opened its first showroom in Cambodia on Friday and the local authorised dealer, A&A Auto Group, says the time is right for the Korean carmaker to join the ranks of those looking to tap the country’s growing middle class. Sin Soveoung, sales manager for ...

Cambodia and the rest of the world’s emerging economies have been called on by the World Economic Forum (WEC) to install “effective” reforms to reinvigorate the global energy market. The WEC’s Global Energy Architecture Performance Index Report 2015 was released yesterday. Cambodia ranked as having the ...

The Oryza White Rice Index (WRI), a weighted average of global white rice export quotes, ended the month of March at about $413 per ton, down about $7 per ton from a month ago and down about $41 per ton from a year ago. Global ...

At least $1 billion in surplus liquidity is sitting idle in Cambodia’s banking system and could be unlocked if the central bank implemented a more effective interbank lending mechanism, experts say. ...