Samsung smartphones recalled on battery flaw

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VietStock FI English 3 month(s) ago

The local subsidiary of Thai Samsung Electronics announced yesterday that it has temporarily halted sales of the Galaxy Note 7 in Cambodia and will replace the models it already sold following the discovery of defective battery cells in some of the phones.

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Credit growth starts to cool off

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VietStock FI English 3 month(s) ago

Credit growth starts to cool off

New data released by Cambodia’s independent credit reporting agency indicate a significant slowdown in the rate of lending during the second quarter of the year, a sign that banking industry experts claim is due to a tightening of lending criteria and less demand from the struggling agricultural sector.

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Turkish health care firms take local market’s pulse

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VietStock FI English 3 month(s) ago

Turkish companies looking to expand operations in the Kingdom’s health care industry were among the most visible participants of a trade exposition held in Phnom Penh over the weekend.

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A makeover model for business

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VietStock FI English 3 month(s) ago

Local cosmetics firm Megabelle Clinic is looking to expand and capitalise on the rapid growth of beauty product sales in the Kingdom. The Post’s Cheng Sokhorng sat down with Kea Vong Siek, the company’s founder and the 2016 recipient of the Outstanding CEO award, to discuss how she created a company with no business training and her take on the Kingdom’s fast-growing cosmetics industry.

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Oil, gas production not expected before 2018

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VietStock FI English 3 month(s) ago

Cambodia's oil and gas reserves will not see any production until at least 2018, according to a report by London-based BMI.

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Government increases cap for all types of fuel

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VietStock FI English 3 month(s) ago

The government raised the ceiling on petrol prices for all fuel types on Friday, with prices in effect until September 11.

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Vehicle owners warned to meet tax obligations

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VietStock FI English 3 month(s) ago

Vehicle owners who have not paid customs tax on imported vehicles have until the end of the month to meet their obligation or will face penalties, the General Department of Customs and Excise (GDCE) said on Friday.

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Junket investor’s profit falls but sticking to its Cambodia bets

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VietStock FI English 3 month(s) ago

Jimei International Entertainment Group, a Hong Kong-listed casino junket investor that promotes at least seven gaming tables in NagaWorld casino in Phnom Penh, reported a steep decline in profit during the first half of 2016 despite increased turnover.

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Real estate market gearing towards middle-income group

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VietStock FI English 3 month(s) ago

Real estate market gearing towards middle-income group

While residential supply shows no sign of abating, many developers are changing course to cater to the middle and lower-income classes.

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Property doubts resurface following The Bay’s suspension

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VietStock FI English 3 month(s) ago

Property doubts resurface following The Bay’s suspension

Cracks are beginning to appear in Phnom Penh’s property market following news this week that Singapore developer TEHO International has placed its troubled, $500 million upscale real estate project on hold.

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Influencing consumer behaviour through interior design

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VietStock FI English 3 month(s) ago

Influencing consumer behaviour through interior design

Spacelogic, an interior design firm headquartered in Singapore, has been in the Cambodian market for the past five years.

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Time to rethink earthquake management for high buildings in Cambodia

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VietStock FI English 3 month(s) ago

If asked if high-rise buildings in the Kingdom should incorporate earthquake-proof systems, perhaps no one would say yes, but it could be be timely now for skyscraper developers to consider putting forth natural disaster safety measures in their projects.

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Banks covering their assets

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VietStock FI English 3 month(s) ago

Banks covering their assets

Cambodian financial institutions surveyed yesterday said they were in compliance with the central bank’s revised liquidity coverage ratio (LCR) requirements as the deadline passed to increase their cash and highly liquid assets to weather any internal or external shocks.

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Hotels can apply for star ratings online now

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VietStock FI English 3 month(s) ago

Hotels can apply for star ratings online now

An online system launched this week will allow hotels in Cambodia to apply for a star rating, which classifies hotels according to their quality, amenities and creature comforts.

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Key to cracking Thai consumer market: unique products

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VietStock FI English 3 month(s) ago

Cambodia should seek to enlarge its market share of the Thai consumer market by focusing on the export of unique items, a visiting Thai trade promoter said during a workshop in Phnom Penh yesterday.

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