Bank of China is in negotiations with Cambodia’s central bank on the promotion of business transactions in Chinese yuan. The official talks reflect rapid trade growth between the two countries at a time when several commercial banks in Cambodia have launched yuan remittance and trade-settlement products. The ...

The committee on the new Phnom Penh international airport project development said on Thursday that it will temporarily suspend land business in sensitive areas that could hinder the new airport’s development project. Real estate sector insiders said the move will help solve the issues easily ...

In the wake of recent illegal digging in the capital, Minister of Mines and Energy Suy Sem has called on the Phnom Penh city governor to stop issuing licences allowing businesses to dig soil in the city and to strengthen its enforcement on a longstanding ...

After receiving a licence from the National Bank of Cambodia in August, the microfinance institution Prince Finance has started its business to cater to the financial needs of local and foreign customers. Post Plus sat down with Hon Sorachana, the board director of the Prince ...

It’s been a busy morning for Cletus, Meynard, Victoria and others of their furry band. Tiny noses and long whiskers twitching, they’ve scurried and sniffed their way across 775 square meters (8,300 square feet) of fields to eliminate a scourge that has killed thousands of ...

Prime Minister Hun Sen is pushing government institutions and businesses to improve the country’s rice production. Investment is required in machinery and warehouses to dry and store rice for export, something Cambodia is discussing with China, Hun Sen said. ...

A task force established a month ago to address problems stemming from an influx of Chinese investment to Sihanoukville has not received a single report of illegal businesses or taken any enforcement action, with one official maintaining it was impossible to take “serious” action for ...

An Indian business delegation visiting Cambodia hopes to boost bilateral cooperation in trade, tourism and transport, officials said yesterday. Meeting with key Cambodian officials, Director General of the Indian Chamber of Commerce said the Kingdom presented many opportunities for  India. ...

Local authority yesterday warned businesses and individuals against distributing and selling counterfeit alcohol-based sanitisers or risk facing serious legal actions. ...

The government is currently preparing policy and strategy that will promote the circular economy model to the business, investment and local environmental communities. ...

Beer garden patrons and diners need not wait any longer as the once high risk business is now open to all nationwide. ...

Cambodia ended last week’s three-day holiday of Khmer New Year, when 4.58 million people toured nationwide, a positive move benefiting local tourism-related businesses that have been recovering from the Covid-19 pandemic. ...

Micro, small and medium-sized enterprises (MSMEs) constitute the backbone of Cambodia’s economy and account for 99.8 percent of its businesses. ...

Cambodia and Democratic People’s Republic of Korea (DPRK) have inked the agreements to expand bilateral trade, technologies, agriculture, industry, investment and the health sector, and both sides also are trying to boost close ties for mutual benefits while both nations’ trading has been reported to be ...

About a decade ago, global manufacturing firms staged a mass exodus to Asia in search of low-cost alternatives to increasing domestic wage demands and operational costs. The consensus was the continued development of a regional supply chain that had formed in countries like Vietnam and Indonesia, ...

Kouch Pheng, president of Advanced Glory Logistics Group (Cambodia), is in the business of overcoming obstacles. His Phnom Penh-based freight-forwarding company handles a daily dose of pot-holed roads, unscripted shipping delays and Kafka-esque government red tape – yet still manages to deliver its client’s cargo ...

The specter of insolvency looms large over the businesses of rice millers in the Kingdom as the government drags its foot in providing emergency loans to bail out the sector, currently reeling from the aftereffects of a severe drought and facing stiff competition from low-grade ...

Just ten years ago, Cambodians relied on dingy, storefront Internet businesses if they wanted to get online. Computers were old, power cuts were frequent, and overhead fans creaked along in a failing attempt to keep customers cool as they paid per minute to “surf” the ...

Increasingly closer ties between Phnom Penh and Beijing are spurring a rise of Chinese investment into the Kingdom, with businesses from the world’s second-largest economy now taking a closer look at Cambodia’s agricultural sector, Chinese officials said during a press tour last week to the ...

The National Bank of Cambodia (NBC) and the People’s Bank of China in the autonomous Guangxi region of southern China have launched an official yuan-riel exchange rate that allows businesses and individuals to conduct trade settlement activities without using the US dollar as an intermediary ...