Local Developers learn from international experts, as the construction law nears

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VietStock FI English 1 week(s) ago

Currently, the term“International Standard Development,” increasingly touted in Cambodia, means bringing an international team of sub-contractors to Cambodia who understand and practice these standards, said Elain Younn, Director of 240 Development Company Ltd, a seven floor condo complex situated in the heart of BKK1.

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A possible revival for Boeung Kak lake

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VietStock FI English 1 week(s) ago

A possible revival for Boeung Kak lake

What does the recent rejuvenation of the‘old lakeside’ mean for property development?

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New electronics manufacturer due at PPSEZ

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VietStock FI English 1 week(s) ago

Thai-listed electronics manufacturer, SVI Public Limited, will be next in line to join Cambodia’s emerging light-manufacturing industry.

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Wage-increase impact up for debate

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VietStock FI English 1 week(s) ago

Recent data from the International Labour Organisation say that despite implementing a $128 minimum wage in January, the Kingdom’s garment and footwear sector has grown by over 10 per cent in the first quarter this year, although experts suggest a wait-and-see approach to determine its full impact.

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Direct China cargo on course

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VietStock FI English 1 week(s) ago

Two Chinese shipping giants will soon sign agreements with Sihanoukville Autonomous Port (SAP), paving the way for exporters to move cargo directly from Cambodia to China, according to a senior port official.

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Banks vie for tech-savvy youth

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VietStock FI English 1 week(s) ago

Cambodian banks are increasingly starting to incorporate online banking services into their product offerings, as they look to stay relevant with the Kingdom’s young, tech-savvy demographic, according to industry insiders.

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IFC loans $10 million to HKL for rural SMEs

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VietStock FI English 1 week(s) ago

The International Finance Corporation (IFC) has given Cambodian microfinance institute Hattha Kaksekar Ltd (HKL) a loan of up $10 million, aiming to boost access to finance to small- and medium-d enterprises in Cambodia’s rural areas.

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Russians, locals top Sihanoukville tourists

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VietStock FI English 1 week(s) ago

Around 900,000 people, led by Russian tourists, flocked to the coastal tourist city of Sihanoukville during the April to June period this year, according to the provincial Tourism Department.

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Seafood, tourism, rice top Russia’s trading wish list

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VietStock FI English 1 week(s) ago

Russia is looking to up its investment in agricultural products, mainly rice and seafood, and the tourism sector in the Kingdom, after Russian Minister for Communications and Mass Media Nikolay Nikiforov met with Commerce Minister Sun Chanthol last week.

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Construction boom raises risk of break-ins, says expert

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VietStock FI English 2 week(s) ago

The strong growth in the economy has largely coincided with the construction boom in Phnom Penh and all over Cambodia. However, a recent trend that is symptomatic of the burgeoning amount of construction across Cambodia is the increase in house and business break-ins proximate to construction sites, said John Muller, Managing Director of Global Security Solutions (GSS) Cambodia.

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Rent control law unknown to those most affected

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VietStock FI English 2 week(s) ago

Although the National Assembly has recently passed a rent control law aimed at protecting low-income earners and students, some of those who could be impacted the most are not aware of what this legislation could mean for them if it is implemented.

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Salt stockpiles keep on rising

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VietStock FI English 2 week(s) ago

Salt stockpiles keep on rising

Cambodian salt is piling up, and the huge surplus is proving difficult to sell, as local consumers look to cheaper salt from Thailand, government and industry officials said yesterday.

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New day for old finance market

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VietStock FI English 2 week(s) ago

The formalisation of Cambodia’s derivatives sector will provide budding investors with more choices for their portfolio– although at a risk, insiders say.

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Law on food safety edges closer to approval

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VietStock FI English 2 week(s) ago

The UN’s Food and Agriculture Organization and the Ministry of Commerce held a workshop yesterday to garner feedback from NGOs and businesses on the draft National Food Law.

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Rice fed' dispels fake rice claims

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VietStock FI English 2 week(s) ago

The Cambodian Rice Federation held a press conference yesterday to allay fears drummed up by local media that fake rice is being distributed in the Kingdom.

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