PM weighs in on rice lending

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VietStock FI English 1 week(s) ago

PM weighs in on rice lending

Rice millers said yesterday they welcomed the prime minister’s announcement that the government would make over $20 million in funds available shortly to support cash-strapped millers and prop up falling paddy prices.

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Small Planet bids for air operating licence

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VietStock FI English 1 week(s) ago

Small Planet Airlines is seeking approval from the Kingdom’s aviation body to operate flights out of Cambodia to South Korea and China after the Lithuania-based carrier’s bid for a commercial operating licence in Thailand failed to materialise.

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The makings of brand identity

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VietStock FI English 1 week(s) ago

The makings of brand identity

As Cambodia experiences rapid economic growth, marketers are looking for ways to brand the country and its homegrown products to increase their value and demand in international markets. The Post’s Matthieu de Gaudemar sat down with Christopher McCarthy, CEO of marketing firm Mango Tango, to discuss the latest trends for product branding and changing consumer behavior.

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Peak bodies say new law needed in real estate sector

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VietStock FI English 1 week(s) ago

Peak bodies say new law needed in real estate sector

A knight in shining armour could be on the horizon for the besieged Gold Tower 42, but the long-running saga looks set to continue in the absence of any formal offers.

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Showrooms give pull factor for Phnom Penh real estate pitches

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VietStock FI English 1 week(s) ago

With more developers and more construction in Phnom Penh’s real estate market than ever before, there is inevitably more competition.

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Real estate and construction sector underpins job creation

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VietStock FI English 1 week(s) ago

Real estate and construction sector underpins job creation

The real estate and construction sector continues to be an important driver for job creation in the Kingdom, with the industry creating employment for more than 200,000 Cambodians during the non-harvesting season, according to the Ministry of Land Management, Urban Planning and Construction (MLMUPC).

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Mini side road at Sihanouk-Sothearos junction causes chaos

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VietStock FI English 1 week(s) ago

Much-needed signage on a new road at the eastern end of Independence Monument has been set up after it was shown the four-metre wide street was causing traffic confusion.

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Rising to the top in Toul Kork

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VietStock FI English 1 week(s) ago

Rising to the top in Toul Kork

Come October 2016, the affluently plush Toul Kork neighbourhood will welcome a new glamourous kid on the block. Hailing from Taiwan, developer Top Team International Development Co. Ltd. will erect a 34-storey, mixed-use development that will feature three underground floors – to conveniently free up the streets for parking space for its residents.

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More Chinese FDI on the horizon

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VietStock FI English 1 week(s) ago

More Chinese FDI on the horizon

China has pledged to increase its investment in Cambodia in return for the Kingdom’s commitment to its regional policies and economic initiatives in Southeast Asia.

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Plan to certify organic quality

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VietStock FI English 1 week(s) ago

Plan to certify organic quality

GIZ Cambodia, a branch of Germany’s international development agency, signed an agreement yesterday with local organic food retailer Khmer Organic Cooperative to provide technical support to develop organic vegetable production and to assist the firm in obtaining certification for its products.

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Cambodian producers urged to build effective brands

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VietStock FI English 1 week(s) ago

Better branding of Cambodian products is essential as major global brands inundate the domestic market and local producers look to compete in international markets, panellists said Wednesday evening during an industry forum in Phnom Penh.

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No sign of relief for rice industry

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VietStock FI English 1 week(s) ago

No sign of relief for rice industry

As the harvest season of Cambodia’s most important crop kicks off, a crisis is looming as both rice farmers and millers face crippling capital shortages and a promised industry lifeline has yet to materialise.

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Beer deal could give Budweiser a boost

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VietStock FI English 1 week(s) ago

Beer deal could give Budweiser a boost

Food and beverage distributor Attwood Import Export is building up its stocks of Budweiser after inking an agreement with global beverage giant Anheuser-Busch InBev (AB InBev) earlier this month to be exclusive local distributor of the emblematic American beer, a company executive said yesterday.

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NagaWorld reaches $15M tax settlement with gov’t

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VietStock FI English 1 week(s) ago

NagaWorld reaches $15M tax settlement with gov’t

NagaWorld, Phnom Penh’s landmark casino resort complex, paid more than $15 million last week to settle its tax liabilities on non-gaming business operations following a government audit of its parent company’s 2015 financial statements, a Ministry of Economy and Finance (MEF) official said yesterday.

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Creature comforts in demand

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VietStock FI English 1 week(s) ago

Creature comforts in demand

Rising incomes and more flexible payment options are driving an increase in consumer spending on home appliances even as overall sales growth slows, according to market researchers, who found that Cambodians with rising expectations are buying bigger modern appliances for their homes.

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