Korea and local investors to establish a modern shopping mall in Phnom Penh

Korea is joining hands with Cambodian investor to establish the biggest shopping mall of international standard in Phnom Penh to correspond to the capital’s increasingly modernising lifestyle. ...

Lim Nary
http://www.akp.gov.kh/?p=106861

Rice mogul spices up business with pepper

Cambodia rice mogul Song Saran, the CEO of one of the Kingdom’s top rice exporters, will diversify his agricultural business interests with the construction of a factory to clean and process locally grown pepper, he said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/rice-mogul-spices-business-pepper

Jet’s to expand night market

Following the popularity of Cambodia’s first-ever container night market, the company behind the project said it is investing an additional $500,000 to expand the open-air facility with an annex scheduled to open next month. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/jets-expand-night-market

Lottery hopes to soar on Wing network

Mohaleap Lotto, a subsidiary of Cambodia’s Royal Group, officially entered the Kingdom’s lottery gaming market this month, hoping to disrupt a business sector currently dominated by black market outlets, a company executive said yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/lottery-hopes-soar-wing-network

Local coffee sector gets a jolt

Several international and local coffee industry representatives gathered yesterday for the start of a three-day event promoting partnerships and franchising opportunities to satisfy Cambodia’s growing coffee cravings. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/local-coffee-sector-gets-jolt

Scepticism clouds massive coastal development plan

A representative of the company behind a massive $23.2 billion development in Kampot province – which envisions creating two islands off the coast – insisted yesterday that the company was not engaged in any activities that would raise a conflict of interest and that it ...

Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/scepticism-clouds-massive-coastal-development-plan

Massive $23.2B project gets ‘green light’

Several subordinates of a senior minister within the office of the prime minister registered and rubber-stamped a gargantuan $23.2 billion investment project chaired by the minister’s wife, while officials in the know say the project stands little chance of getting off the ground. ...

Jack Davies, Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/massive-232b-project-gets-green-light

Push to promote local products

Supermarket owners are to be called for a meeting with the Commerce Ministry in response to complaints from small and medium sized enterprises (SMEs) that local products are not displayed or sold on their shelves, the commerce minister said yesterday at the launch of a ...

Sok Chan
http://www.khmertimeskh.com/news/25274/push-to-promote-local-products/

Former prime minister wins defamation case

A former MEC Co. Ltd shareholder was tried in absentia by the Court of Appeals yesterday morning for allegedly defaming his former company and MEC’s chairman, former Cambodian Prime Minister Ung Huot, in 2014, according to a court official. ...

Buth Reaksmey Kongkea
http://www.khmertimeskh.com/news/21540/former-prime-minister-wins-defamation-case/

Insurance industry sees double-digit premium growth

Total premiums for general insurance rose 16.4 percent last year to about $61.6 million, from $53 million in 2014, with property, fire, vehicle and medical insurance leading the way, the Insurance Association of Cambodia said yesterday. ...

Sok Chan
http://www.khmertimeskh.com/news/21463/insurance-industry-sees-double-digit-premium-growth/

Meet Cambodia’s first 'real estate personality of the year'

Having managed various businesses in Cambodia for more than two decades now, Rithy Sear has earned a reputation for being ambitious, and rightly so. ...

Property Report Team
http://www.property-report.com/meet-rithi-sear-cambodias-first-real-estate-personality-of-the-year/

Local logistics firms struggle to survive as global players circle market

The Kingdom’s logistics sector is becoming increasingly crowded, with small- to medium-sized players racing for a share of the growing market while struggling at the same time to reach international quality standards. ...

Igor Kossov
http://www.khmertimeskh.com/news/14901/local-logistics-firms-struggle-to-survive-as-global-players-circle-market/

Malaysians flocking to Cambodia to do business

Malaysians have been flocking to Cambodia since the 1990s and for some years, they were the largest investors, with official data showing that from 1994 to 2001, Malaysian investments comprised nearly a third of all investments and nearly 80% of total Asean investments. ...

Tan Ju-Eng
http://bit.ly/1NZ0AHj

Cambodian parliament's 1st vice-president voices support to Chinese investment

Kem Sokha, first vice-president of Cambodia’s National Assembly, on Wednesday lent his support to Chinese investors in Cambodia and urged them to focus on quality and transparency in their projects. ...

The Cambodia Herald​ News Staff
http://thecambodiaherald.com/cambodia/cambodian-parliaments-1st-vice-president-voices-support-to-chinese-investment-8263

Int'l investments top $1.7b in 2014

Vietnamese businesses invested more than US$1.78 billion abroad last year, according to the Planning and Investment Ministry’s Foreign Investment Agency (FIA). Among them, Tanzania was the leading investment destination for Vietnamese investors, in terms of registered capital and accounted for 34 per cent of Viet ...

Viet Nam News Staff
http://vietnamnews.vn/economy/266508/intl-investments-top-17b-in-2014.html

Borey 999 investors anxious

The news that tycoon Thong Sarath is wanted for questioning over the murder businessman Ung Meng Cheu, has sent a wave of nervousness through investors who have money tied up with the fugitive property developer. A cabinet deputy chief at the Ministry of Defence, Sarath ...

Sum Manet and Hin Pisei
http://phnompenhpost.com/business/borey-999-investors-anxious

Donaco in negotiations to buy Cambodian casino business

Donaco International Ltd has signed an exclusive term sheet to acquire “a significant gaming and hospitality business in Cambodia”, the company said. It did not provide further details on the acquisition target. ...

GGRAsia News Staff
http://www.ggrasia.com/donaco-in-negotiations-to-buy-cambodian-casino-business/

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