News
Profit down in first nine months of year: PPAP
Phnom Penh Autonomous Port (PPAP), a listed state-owned river quay, reported a decline in revenue for the first nine months of 2023, a decrease attributed to unfavorable global economic conditions, largely exacerbated by the prolonged Russia-Ukraine conflict, which has adversely impacted global demand. ...
May Kunmakara
https://www.phnompenhpost.com/business/profit-down-first-nine-months-year-ppap-2
Nearly 43% decline in bicycle exports
Cambodia exported bicycles worth $424 million to foreign markets in the first nine months of 2023, a drop of 42.8 percent compared to the same period last year which recorded $742 million, said a Ministry of Commerce’s report yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501375670/nearly-43-decline-in-bicycle-exports/
PM calls for calm after collapse of two US banks
The Cambodian Prime Minister on Thursday called on Cambodian citizens not to worry about money deposited in Cambodia’s banks after the recent collapse of two US banks. ...
Chhorn Raksmey
https://kiripost.com/stories/cambodia-pm-calls-for-calm-after-collapse-of-two-us-banks
Vietnam investment in Cambodia hits US$2.5 bil
Vietnamese enterprises so far have invested in 124 projects in Cambodia with total registered capital of some US$2.5 billion, four times higher than the figure in 2009. As such, Vietnam is now among the top five investors in Cambodia, said the Association of Vietnamese Investors in ...
http://english.vietnamnet.vn/fms/business/55818/vietnam-investment-in-cambodia-hits-us-2-5-bil.html