Domestic investors

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. ...

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. ...

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. ...

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. ...

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. ...

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 ...

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. ...

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 ...

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. ...

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. ...

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

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. ...

A Google search for Cambodian Internet service providers (ISPs) turns up a dizzying number of results, some advertising monthly rates as low as $18 for 4 Mb/s. ...

Power system engineering and technical solutions provider Pestech International Bhd has become a concession owner in Cambodia after it secures a project worth RM1.59bil. ...

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. ...

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. ...

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 ...

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 ...

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. ...

The House of Representatives of Belarus ratified a number of Belarusian-Cambodian agreements on 4 November, BelTA has learned. ...