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Phnom Penh’s growing importance as a business destination has brought with it many opportunities and infused the market with a growing sense of ambition. Few developments embody this new ambition better than Vattanac Capital Tower, which will throw open its doors this spring. “Cambodia’s seen nothing ...

A pilot scheme sending 400 Cambodian maids to Singapore has made a spluttering start, according to local media reports, with agencies in Singapore reportedly growing frustrated at the slow pace of maid arrivals and “sceptical” about the reliability of Cambodia as a source. Only about 100 ...

Against the backdrop of high electricity costs and energy imports, Cambodian businesses could save millions of dollars annually by implementing energy-efficient business practices, insiders said yesterday. “It is clear that energy efficiency has multiple benefits, not only to the tourism sector but also other economic sectors ...

For the first semester of 2013, Cambodia attracted 879, 782 tourist arrivals from ASEAN region, plus 23.5 per cent if compared in the same period of last year, a report from tourism ministry obtained on Tuesday said.  The figure of tourist arrivals from ASEAN for the ...

Cambodia imported 1.31 billion tonnes of oil in the first 10 months of this year, a 2.2 per cent slide compared to 1.34 billion tonnes in the same period last year, according to data from the Ministry of Commerce. Industry experts said the drop did not ...

Malaysian financial services group Hwang-DBS Bhd is selling its eponymous bank in Cambodia for $40 million, the company has announced on the Bursa Malaysia. The sale is to Phillip MFIs Pte Ltd, a member of the Singapore-based PhillipCapital Group. PhillipCapital has an existing presence in ...

Even as political instability led to a drop in Phnom Penh’s housing market over the last few months, construction and sales of De Castle Royal steamed ahead in the third quarter. Now fully over the fallout from the 2008 global financial crisis, a recent $28 million ...

Mong Reththy Group is co-investing $2 million to build a factory in Preah Sihanouk province for the packaging and export of Cambodian mangoes, the first company to formally ship the fruit overseas. Located in Koe Phos commune, the factory will cover 12 hectares of land and ...

In one corner of the cavernous training centre, a woman patiently strips the baby blue sheets off a queen-size bed, removing the flower-patterned pillowcases and folding them neatly to one side. Under the watchful eye of an instructor, she then remakes the bed, carefully fluffing the ...

Singapore’s Prime Minister Lee Hsien Loong says much work is still needed to establish the ASEAN Economic Community (AEC), a single market for trade and development in 2015. Lee, head of the most advanced economy in the 10-member Association of Southeast Asian Nations, or ASEAN, ...

At 5am, without any alarm clock going off, a dozen Cambodian maids wake up with near-military precision. Over the next hour, the women sweep, wash and scrub spotless their two-storey training centre in the Cambodian capital Phnom Penh. They all want to be maids in Singapore, eager ...

There were 509,050 Cambodians traveling abroad in the first seven months of 2013, an increase of 11.9 percent compared to the 455,017 travelers over the same period last year, according to a report by the Ministry of Tourism. Most of them visited Thailand, Vietnam, Singapore, Malaysia ...

An investment company owned by the Singaporean government is a minority partner in a fully licensed commercial bank set to open later this month in cooperation with Canadia Bank PLC and the country’s postal service, a source familiar with the deal confirmed Tuesday. Fullerton Financial Holdings, ...

Some of these ASEAN economies are not like the others. Singapore is 80 times richer than Myanmar and its population lives 20 years longer than Cambodia’s, while Myanmar ranks 50 places behind Cambodia in terms of global competitiveness, according to a wide-ranging analysis from the World ...

Cambodia has imported 871,000 tons of petroleum in the first six months of the year, a 5.6 percent decline compared with the 922,800 tons at the same period last year, the figures of the Ministry of Commerce showed Monday. During the January-June period this year, the ...

Beer, whisky and strong, home-brewed moonshine have long been Cambodians’ favorite tipples, but with an ever-growing middle class, tastes are changing and if you’re part of the new elite, it is increasingly important to know your Pinot Gris from your Pinot Noir. To help enhance one’s ...

As Cambodia’s busy tourism season approaches, domestic and regional airlines are scrambling to offer Siem Reap routes in a bid to capitalise on the growing number of visitors to the Angkor Wat gateway. In the past several months, players have entered the fray at a ...

Cambodia is one of the most attractive countries for expatriates working for US companies in ASEAN, according to a survey of 475 US business executives from throughout the region. Of those surveyed in Cambodia, 65 per cent reported that employees in other locations requested to relocate ...

A Singaporean startup is planning to install streetlamps in three villages in Kompong Chhnang province later this year in an effort to enhance safety for people making their way home at night. Fosera Lighting is raising money through an online campaign to construct 75 solar-powered streetlights ...

The 8th ASEAN Ministerial Meeting for Social Welfare and Development will be held in Cambodia’s Siem Reap City from Sept. 3 to 7, according to a statement of Cambodia’s Ministry of Social Affairs released Thursday. ...

Cambodia and Vietnam are enhancing their medical tourism offerings, the International Medical Tourism Journal reported Friday. “In medical tourism, Southeast Asia is a key and fast advancing market. Cambodia and Vietnam now want a share of the action that Singapore, Thailand and Malaysia have,” the journal ...

The 3rd international industrial machinery and garment fair kicked off at Cambodian capital’s Diamond Island Exhibition Center on Thursday with the participation of about 240 exhibitors from 16 countries and regions. A variety of industrial machinery for the production of textile and garment, footwear, plastics ...