Investment

U.S. conglomerate General Electric (GE) on Thursday inked a $1 million deal with Cambodia’s state-owned Electricite du Cambodge (EdC) to conduct a six-month study to identify weaknesses in Cambodia’s electrical grid with the aim of enhancing the reliability of the power supply. According to the EdC, ...

The Cambodian government is nearing completion of a policy aimed at strengthening the Kingdom’s small and medium-sized enterprises (SMEs), a senior official said yesterday. Minister for Industry and Handicraft Cham Prasidh yesterday told reporters his ministry was preparing a comprehensive SME policy with the purpose of ...

Cambodia Bayon Airlines (CBA), a wholly-owned subsidiary of the Aviation Industry Corporation of China, is ready to operate domestic flights in Cambodia later this month, the company said Monday. The MA60 aircraft will be mainly utilized to fly domestic routes within Cambodia. “Flight operations are scheduled ...

Cambodian and Chinese companies on Monday signed five agreements for business cooperation and joint ventures in construction and agriculture. The deals were signed on the sidelines of an annual Cambodia Import-Export Exhibition here under the presence of Cambodian Commerce Ministry Secretary of State Kem Sithan. ...

Two business agreements were signed between 21 companies from East China Fujian province and their Cambodian counterparts at a business matching meeting here Sunday. Of the two agreements signed between the two sides, one was between China’s Fuzhou Yifeng Rice Company and Cambodia’s Mekong Oryza ...

BCD Travel is expanding its Asia-Pacific operations with a new office in Cambodia in partnership with Tonle Travel. BCD Travel now has offices in 18 countries in the Asia-Pacfic region. ...

Many types of Vietnamese goods have faced strong competition of imported products from nations in the Southeast Asian region, while local businesses have met difficulties in broadening the presence of their products in these markets. For the last ten years, many businesses in Ho Chi Minh ...

Wah Seong Corporation Bhd’s strategy to develop a portfolio of renewable energy and power plants in the region is taking off after it inked an agreement with Cambodia. The company said on Monday its indirect subsidiary had signed a power purchase agreement with Baitang (Kampuchea) Plc ...

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 ...

BCD Travel is venturing into Cambodia by tying up with Tonle Travel, a local corporate travel and inbound tour specialist with whom it has already enjoyed a working relationship of more than four years. ...

The Asian Development Bank (ADB) announced Monday that it would provide over 800 million U.S. dollars in concessional finance to Cambodia over five years to support the Southeast Asian nation in economic development and poverty reduction. ...

American solf drink maker Coca-Cola plans to invest additional US$ 100 million for factory expansion in Cambodia from 2014 to 2018, according to Martin Jansen, the Regional Director, Bottling Investment Groups for China and Southeast Asia. ...

Grand Twins International (GTI), one of two listed firms on the Cambodian Stock Exchange, has blamed third-quarter revenue losses on garment-worker demonstrations in December and January. On November 21, GTI posted a 40 per cent decline in revenue to $10.9 million for the three-month period ending ...

Japanese conglomerate Hitachi on Wednesday signed a memorandum of understanding with three major companies to conduct a feasibility study on the potential development of a new special economic zone (SEZ) in Kandal province, said the CEO of one of the signatories. ...

Chinese telecom device maker ZTE Corporation has won the bid for 4G LTE project construction from Southeast Asia Telecommunications Holdings Limited. At the same time, ZTE Senior Vice President Zhang Renjun and Southeast Asia Telecom Group Chairman Zuo Huazheng signed a memorandum and strategic cooperation agreement ...

China International Travel Service Group (CITS) will open a duty-free shop (DFS) in Cambodia next month, the first non-airport DFS in the country, it announced on Sunday. ...

Contentious plantation giant Vietnam Rubber Group reportedly “lost” nearly $391 million of state funds over five years, including $22.75 million from a rubber plantation in Cambodia, an official investigation into the firm’s dealings has found, according to Vietnamese media. Hanoi’s anti-corruption body, the General Inspectorate, last ...

A Hong Kong company is hoping to attract a sizeable slice of Cambodia’s lottery market with the opening of outlets in Phnom Penh and around the country next month, according to the CEO of the firm’s local subsidiary. EGame Solutions, the parent company of Cambodian Mark ...

Cambodia is quickly becoming a hub for Japanese exports, according to the latest figures from the Japan External Trade Agency, JETRO. The state-run agency’s latest trade figures show Cambodia exported more than $584 million worth of locally made products to Japan over the first nine months ...

Cathay Pacific Airways has announced the extension of its freighter network with the launch of new services to Cambodian capital city Phnom Penh. ...

Cambodia has issued operating licenses to 3,025 new companies in the first nine months of 2014, up 36 percent over the same period last year, the Ministry of Commerce said on Tuesday. Foreign companies were 1,335, an increase of 20 percent, as local registrations saw a ...

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. ...

Cambodia Public Bank (Campu Bank), a subsidiary of the Malaysian Public Bank Group (PBB), posted strong gains during the first nine months of the year.​​ ...