Parkson's Cambodia expansion seen boosting earnings in the long term

PETALING JAYA: Parkson Holdings Bhd (PHB)’s expansion into Phnom Penh, Cambodia, via its proposed Parkson Mallwould provide it with a steady income stream in the long term, mainly from rental yield, according to Affin Investment Bank. The proposed location of the mall – directly opposite the Phnom Penh ...

Cheryl Poo
http://www.thestar.com.my/Business/Business-News/2013/09/18/Parksons-Cambodia-expansion-seen-boosting-earnings-in-the-long-term.aspx

Siem Reap hotel gets new owner

Minor Hotel Group Ltd (MHG), a wholly owned subsidiary of Thailand-listed Minor International Public Company Limited (MINT), has acquired majority ownership of Siem Reap-based Sothea Boutique Resort to strengthen MINT’s presence in Southeast Asia. After the $6.4 million deal, the Sothea Resort will be rebranded ...

Post Staff
http://www.phnompenhpost.com/business/siem-reap-hotel-gets-new-owner

Tata moves in on agriculture

India-based Tata International Ltd announced yesterday that it would import and distribute its Farmtrac Tractors in Cambodia to profit from the country’s growing agricultural sector. Speaking at the launching ceremony at the Koh Pich exhibition centre, Jitendra Manghinani, country manager of Tata South East Asia (Cambodia), ...

Hor Kimsay
http://www.phnompenhpost.com/business/tata-moves-agriculture

Taiwanese bank now owns 70 pct of UCB

Taiwan’s E. Sun Commercial Bank has purchased a 70 per cent stake in Cambodia’s Union Commercial Bank. The deal, planned for months but announced yesterday at a press conference at the Sofitel hotel in Phnom Penh, will bring technology upgrades and more loan capital to the ...

Kimsay Hor
http://www.phnompenhpost.com/business/taiwanese-bank-now-owns-70-pct-ucb

Software giant targets piracy

Microsoft Cambodia has appointed Thakral Cambodia Industries Limited as its second authorised software distributor in the country, a move intended to help the computer giant’s local operation combat the rampant use of pirated software. Thakral, one of the largest distributors of IT products in Cambodia (its ...

Anne Renzenbrink
http://www.phnompenhpost.com/business/software-giant-targets-piracy

‘Landmark’ $100 million project gets under way

Hongkong Land broke ground on Friday on a $100 million mixed-use development project in Phnom Penh’s financial district. Called Landmark, the building by the Hong Kong-based property group will be on a 10,700-square metre site on Street 106 near the capital’s Freedom Park. “One of Hongkong Land’s ...

Hin Pisei
http://www.phnompenhpost.com/business/%E2%80%98landmark%E2%80%99-100-million-project-gets-under-way

Cambodia's Sathapana selects ElectraCard for ATM and card services

ElectraCard Services (ECS), a leading provider of software and processing solutions for electronic payment systems, announced that Sathapana Limited (SPN), the leading MFI in Cambodia, has selected ECS to offer ATM and card services to their customers. Sathapana operates through 101 offices (74 branches and ...

ElectraCard Services
http://www.finextra.com/News/Announcement.aspx?pressreleaseid=51361&topic=exchanges

Condo market continues to grow despite over-supply

New projects involving 20 condo complexes are continuing to be built despite an already narrow market sector and a future surplus of condos in the Kingdom. According to research on the condo market by Bunna Reality Group in first half of this year, Phnom Penh now ...

Siv Meng
http://www.phnompenhpost.com/real-estate/condo-market-continues-grow-despite-over-supply

City poised for shopping mall boom

After spending $30 on clothes, Chan Pheavy sat down for lunch in the food court of Sorya Mall, plunking her shopping bags on the floor beside her. “It is very comfortable to do shopping here,” Pheavy, 25, who works for a commercial bank in Phnom ...

Hor Kimsay
http://www.phnompenhpost.com/business/city-poised-shopping-mall-boom

After poll, confidence dips: study

Confidence in the Cambodian economy has plummeted roughly 50 per cent in the tense post-election period, according to a market research survey of foreign business leaders working in the country. The survey, conducted by Indochina Research and seen by the Post this week, found that 98 ...

http://www.phnompenhpost.com/business/after-poll-confidence-dips-study

Company launches digital ad operation

Cambodian Investment Management’s social-media marketing and advertising business has launched Dynamo Innovative Digital Advertising, the group said last week. Dynamo will inherit 10 clients, managing 20 social-media pages, 90 per cent of which are on Facebook and 10 per cent on LinkedIn. ...

http://www.phnompenhpost.com/business/company-launches-digital-ad-operation

SBI​ ចុះ​កិច្ចព្រមព្រៀង​ជាមួយ​ក្រុមហ៊ុន​ថៃ​

​ក្រុមហ៊ុន​មូល​ប​ត្រ​ SBI​ Royal​ Securities​ Plc​ ដែល​ជា​បុត្រ​សម្ព័ន្ធ​របស់​ក្រុមហ៊ុន​ SBI​ Holding​ ,Inc​ មាន​មូលដ្ឋាន​នៅ​ជប៉ុន​បាន​ចុះ​កិច្ចព្រមព្រៀង​ជា​មូលដ្ឋាន​ក្នុង​ការ​បង្កើត​សម្ព័ន្ធ​អាជីវកម្ម​ និង​មូលធន​ជាមួយ​ Finansia​ Syrus​ Securities​ Pcl​ ដែល​ជា​ក្រុមហ៊ុន​មូល​ប​ត្រ ...

ម៉ៃ គុណមករា
http://www.phnompenhpost.com/business/cambodian-thai-firms-form-business-alliance

Cambodia very lucrative for investors

Economic diversification is attracting substantial sums of FDI from China and beyond. Rich in history and culture and blessed with wonderful natural and human resources that are driving its impressive economic growth and attracting record sums of foreign direct investment (FDI), the Kingdom of Cambodia offers ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZTk3NDYwNTAyZjc

Foreign investment rises 73 pct

A mid [sic] global economic fragility, foreign direct investment (FDI) in Cambodia grew a whopping 73 per cent in 2012 from the year before, a huge increase helping to fuel a record-setting amount of money pouring into least developed countries, according to the United Nations ...

http://www.phnompenhpost.com/2013070166579/Business/foreign-investment-rises-73-pct.html

Investments in Cambodia Up

Vietnam’s investment in Cambodia has increased significantly in the last three years, but a mechanism to encourage and oversee investments in prioritized sectors is needed, according to diplomatic sources. Tan Nguyen Tien, head of the economic section at the Vietnamese embassy in Phnom Penh, said Vietnam’s ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NjA1NjRhYTIxOTd

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