សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម

One of Malaysia’s biggest investment banks, RHB Capital, announced it will acquire OSK Indochina Bank, via the transfer of 100 per cent of OSK Investment Bank shares from parent OSK Holdings, giving OSK Holdings a 10 per cent stake in the larger Malaysian RHB Capital ...

The number of businesses registered with the Ministry of Commerce climbed by more than 10 per cent year on year during the first half of 2012, ministry data showed. Officials credited the government’s piecemeal efforts to institute a transparent investment policy and gross domestic product growth, ...

When London-based real estate investor Sanjay Dhir heard about Cambodia from his Indian partner Manoj Varma, he took a trip here in October 2010 and stopped by the roadside to meet the operators of a portable rice mill. He knew then that Cambodia was ready for ...

A new hotel serving the Phnom Penh International Airport opened on July 1 at Ratana Plaza on the left off Russian Boulevard just before Hanoi Road on the way to the airport from central Phnom Penh. The Dara Airport Hotel has 155 rooms with a fifth-floor ...

Long-time foreign members of the Cambodian business community said the US-ASEAN Business Forum, held on Friday in Siem Reap, was largely successful in setting the country in the sights of America businesses, but multinational corporations will need more time in the Kingdom before nailing down ...

The producer of Mee Yeung instant noodles is set to expand its business by investing US$1 million in equipment to produce noodles for export, said a company official. The new machines will be delivered from China and will be able to produce 6,000 cases or ...

Siem Reap City – With a host of uncertainties still hanging over the U.S. economy, more than 100 American businesses—the largest delegation to ever visit Cambodia—gathered here over the weekend, and all of them were in agreement about one thing: The slowdown in the U.S. ...

Koh Thom district, Kandal province – On a quiet stretch of road in this sleepy border town, there are some telltale signs of an unusual trade: A trail of discarded dead rats, some upturned with their paws stiff in the air, others covered with a ...

The price of Phnom Penh Water Supply Authority (PPWSA) stock increased slightly to KHR 6,400 (US$1.57) on July 2 and remained at that level until July 5, while general trading volumes stayed between 10,000 to 12,000 shares except on July 2, when the volume dipped to just 2,200. The price increased ...

The “one community, one destiny” motto Cambodia adopted when it took over the rotating chairmanship of Asean this year could not have sounded more hollow as it did Friday when the 10-member bloc failed to produce a joint closing statement for the first time in ...

Adidas, the sportswear company, is facing an investigation over claims that Cambodian workers are being paid £10 a week in basic wages to make official merchandise for the London Olympics. It is one of the 2012 Games’ largest sponsors, believed to have invested £100 million, and ...

US companies will re-establish their commitment to Cambodia and the region today at the US-ASEAN Business Forum in Siem Reap, a high-profile meeting involving several heads of state and some of the biggest companies in the world. US Secretary of State Hillary Clinton will lead the ...

U.S. Secretary of State Hillary Clinton is in Cambodia where she met with Prime Minister Hun Sen to discuss U.S. investment and Cambodia’s outstanding debt. Cambodia wants the United States to forgive more than $400 million in debt accrued by the US-backed military government of Lon ...

Price levels picked up during the first half of 2012 but will likely cool down in the second half of the year due to changes in energy prices and major food related items. Therefore, the inflation rate has been upwardly adjusted by 30 basis points to 4.8 percent ...

If industry-watchers were roused last year by the influx of Japanese investment to Cambodia – including bellwether parts manufacturer Minebea – 2012 should not disappoint. Up to 60 new Japanese companies are expected to apply for business licences this year after the number tripled to about ...

Despite being downgraded by Moody’s just over two months ago, profits at Cambodian Public Bank (Campu) and Acleda Bank—two of the largest banks in the country—increased by about 50 percent during the first half of the year, according to figures provided by the banks yesterday. In ...

U.S. Secretary of State Hillary Clinton yesterday raised the issue of territorial disputes in the South China Sea with Prime Minister Hun Sen and outlined the strong focus the administration of U.S. President Barack Obama is currently placing on the Asean region, officials said. Arriving in ...

Khmer Brewery (KB), a locally owned company that produces Cambodia Beer, has made its first export to Japan, partly in response to Prime Minister Hun Sen’s call in mid-May for local food and beverage producers to push their products abroad. KB public-relations manager Sok Chantha said ...

A local representative of controversial online start-up incubator Rocket Internet said the company would invest “millions” in Cambodia as it launched a new online retail store yesterday, in what market insiders call a trend toward increasing e-commerce in the Kingdom. The site, shop.com.kh is offered in ...

The share price of the Phnom Penh Water Supply Authority (PPWSA), the only stock so far to trade on Cambodia’s recently launched bourse, fell yesterday to the lowest price since its first day of trading nearly three months ago. At the day’s close, stock in PPWSA ...

The government last month privatized more than a dozen department and commune offices in some prime locations around Phnom Penh, and will move many of them to Sen Sok district, according to documents and officials. A sub-decree dated June 27 and signed by Prime Minister Hun ...

Canada is willing to build close ties with Cambodia and other ASEAN member states in politics, trade and investment, said Canadian Foreign Minister John Baird on Wednesday. John said that Canada’s International Trade Minister Ed Fast will make a visit to Cambodia next month to ...

Phnom Penh Commercial Bank will offer “wedding loans” to newlyweds, a product based on a similar borrowing practice is South Korea. The majority-owned South Korean bank will set aside more than US$1 million for start-up families that don’t want their parents shelling out savings for new ...

Jeremy Browne, UK foreign office minister, told officials in Cambodia during a two-day visit that despite the current problems the European Union is having with its currency union and economies, ASEAN should not be discouraged from pursuing closer economic and even political coordination within the 1.0-member bloc. Speaking at the Council of Ministers in Phnom ...