News
Insurance revenues to rise 20% for the year
Premium revenues across Cambodia’s insurance industry are expected to increase 20 per cent year-on-year in 2011, Mey Vann, director of the Department of Industry and Finance at the Ministry of Economy and Finance, predicted yesterday. The Kingdom’s six insurance firms are set to accrue a total ...
Government aims to boost lobster industry
A new lobster-breeding program could generate up to $600 million in revenues over the next five years, according to Nao Thuok, director of the Fisheries Administration at the Ministry of Agriculture Mr Thuok first mentioned the new breeding program at a meeting in Phnom Penh hosted ...
Revenues for first seven months double to $1.6bn
The government has collected 6,557 billion riel, or about $1.6 billion, in revenues in the first seven months of 2011, a figure that is twice that of the $801 million in revenues that were collected during the same period last year, data released by the ...
Calls for Kingdom to join transparency group
A new US commitment to oil and mining transparency may push the Kingdom closer to a similar agreement, Cambodian experts have said. US President Barack Obama announced earlier this week that the US would join the Extractive Industries Transparency Initiative as an implementing country, according to ...
Interest up at Angkor Wat
Increased interest by Asian tourists has led to about 33 percent growth for Angkor Wat ticket sales so far this year, according to the Apsara Authority. Revenues during the first six months hit US$20 million, compared with about $15 million in the period last year, ...
http://www.phnompenhpost.com/index.php/2011080450870/Business/interest-up-at-angkor-wat.html
Mobile phone revenues per user to decline
Revenues per user in Cambodia’s mobile phone sector will drop sharply over the next five years, according to global research and consultancy firm Frost & Sullivan. The company said the average revenue per user – ARPU, a key metric for the industry – would fall ...