News

The project to build submarine optical fibre cable network between Sihanoukville and Hong Kong will be completed in July 2025, Chinese media reported quoting Unicom Group sources. ...

Milled rice exports of 36,900 tonnes, or $28.83 million in value, were recorded in January, the Cambodian Rice Federation (CRF) said, noting that 41 percent of that, or 15,045 tonnes worth $11.77 million, went to China and Hong Kong. ...

The Secretary for Commerce and Economic Development, Algernon Yau, met with the Cambodian business sector to promote Hong Kong’s business opportunities after attending the 6th Association of Southeast Asian Nations (ASEAN) Economic Ministers-Hong Kong, China Consultation in Cambodia. ...

In a meeting with Cambodian business sector representatives, Hong Kong Secretary for Commerce and Economic Development, Algernon Yau, promoted Hong Kong’s business opportunities. ...

The Government of the Hong Kong Special Administrative Region (SAR) has announced that Cambodia is to be added to it’s ‘High Risk’ or ‘Group A’ list, effective from 0.00am on 20 August 2021. ...

The Ministry of Agriculture, Forestry and Fisheries denied that it had allowed the exports of luxury wood from Koh Kong province to Hong Kong. The denial came after the Hong Kong Customs reportedly seized about 211 tonnes of logs from an endangered tree species from Cambodia ...

Wan Hai Ship Line Ltd., a Taiwan-based container shipping company, will add Sihanoukville Port to its shipping route next month. ...

Spokesmen for the Cambodian and Hong Kong governments are urging agencies not to charge excessive fees to Cambodian domestic helpers wanting to work in Hong Kong and offered reassurance that their rights would be protected. ...

The Cambodian government has selected six agencies to facilitate sending domestic workers to Hong Kong – with one saying they will begin sending maids by the end of the year – though rights groups yesterday warned of potential exploitation and abuses. ...

Cambodian tax officials met with their counterparts in Hong Kong last week as part of the first round of discussions for drafting a double taxation agreement (DTA) aimed at preventing dual taxation and fiscal evasion, the General Department of Taxation (GDT) said yesterday in a ...

Edible bird’s nest producers have called on the Ministry of Commerce (MoC) to facilitate the industry’s access to the Chinese market. Nang Sothy, president of the Cambodia Bird’s Nest Federation, said yesterday that the association had requested the MoC to include the delicacy on the list ...

Cambodia’s $5.5 billion garment industry is nearing a crossroads amid uncertain prospects for outsourcing, an industry source says, citing participants at a recent trade show in Phnom Penh. “Many industry suppliers believe that while Cambodia remains a growing market for their textile and garment products, there ...

Cambodia’s tourism industry has benefited from the unrest that has hit much of the region, with Chinese tourists diverting their routes from problematic areas such as Thailand to the country, according to a report released Thursday by the Sydney-based Center for Asia Pacific Aviation (CAPA). Chinese ...

Cambodian firm Angkor Gold Corp (ANK) on Thursday finalised a partnership agreement with Hong Kong firm Tohui Beishan Property Group Holding Limited (TG) worth more than $10.4 million. According to a company statement issued on the Toronto Stock Exchange, ANK granted the Hong Kong firm 7.9 ...

Grand Twins International (GTI) ended trading yesterday with a slight decline. The newly listed company was changing hands at 9,480 riel ($2.36) per share at the 1pm close, down from 9,640 riel ($2.40) at the morning’s opening. ...

In a first for the Kingdom’s organic rice, the Cambodian Center for Study and Development in Agriculture (CEDAC), successfully exported its produce to Hong Kong earlier this month, the organisation’s top official confirmed yesterday. ...

The manager of Giant Ocean International, a now-defunct recruitment firm notorious for abuse scandals, was sentenced yesterday to 10 years in jail for trafficking hundreds of Cambodian fishermen to work in slave-like conditions overseas. Taiwanese national Lin Yu-shin, who ran the firm, was arrested in May ...

The KeyBridge International (Hong Kong) Investment Company has acquired 65 percent shares of a Cambodian telecommunications company EMAXX in an amount of 15 million U.S. dollars, officials of the two companies announced Wednesday. “EMAXX has converted from a family business into a joint venture,” Ai Min, ...

Cambodian fishery exports rose slightly during the first three months of the year, according to a report by the Ministry of Agriculture, Forestry and Fisheries. The report, which was released yesterday, says that fish exports reached 4,800 tonnes in the first quarter, a year-on-year increase of ...

Less than a year after all refurbishments were completed on Hongkong Land’s Central Mansions – formerly Colonial Mansions – the classic residential units in the heart of Phnom Penh’s burgeoning financial, government and office-rental district are enjoying occupancy rates of close to 100 per cent, ...

After its November launch in Hong Kong, Alila Villas Koh Russey will break ground late next month, initiating the construction of a world-class luxury resort. Alila Villas occupies 25 hectares on Koh Russey, an island in the Koh Rong archipelago in the Gulf of Thailand, with ...

Industrial and Commercial Bank of China (ICBC), the world’s largest bank by assets, said on Tuesday it has been approved by National Bank of Cambodia as a clearing bank for the Chinese yuan currency in the country. ...

Australia and New Zealand Banking Group Ltd, the country’s third-biggest lender, is keen to exit its holding in Cambodia and will look at wholly owned business models wherever regulations allow. “We got out of a relationship, a small relationship, in Vietnam. We would like to ...

A majority government-owned life insurance company has stopped paying out benefits to policy holders who die while taking part in protests and demonstrations, the company confirmed yesterday. The Cambodian Life Insurance Company – 51 per cent owned by the Ministry of Economy and Finance and 49 ...