Parkson Mall gathers pace after eight years

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VietStock FI English 2 week(s) ago

About 500 metres from the entrance point to Boeung Kak, along Russian Boulevard, a freshly developed 11-storey centre, Parkson Mall, can be seen towering over the surrounding shop houses.

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Chroy Chongvar Satellite City’s main road almost fully constructed

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VietStock FI English 2 week(s) ago

The completion of Chroy Chongvar Satellite City’s main road is on the cards, while its developer, Overseas Cambodia Investment Corporation (OCIC), is also beginning construction on another new road along National Road 6.

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Green building certification system could mark new era of construction

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VietStock FI English 2 week(s) ago

When it comes to construction companies and the dizzying number of buildings under construction, there is no disputing how large the industry is in the capital.

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Brexit fallout unlikely to flow to Cambodia’s property market

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VietStock FI English 2 week(s) ago

Brexit fallout unlikely to flow to Cambodia’s property market

As the British pound is reduced to a 31-year low after Britain voted to exit EU, Asian investors are looking to scoop some UK property bargains, but the capital isn’t expected to directly land in Cambodia.

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Rice sector continues its struggle in first half

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VietStock FI English 2 week(s) ago

Rice sector continues its struggle in first half

Cambodian rice exports decreased nearly 6 per cent year-on-year during the first semester, reinforcing concerns about the future of the rice industry, the Kingdom’s most important agricultural sector.

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Gaming firm cashes out of NagaWorld deal

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VietStock FI English 2 week(s) ago

Gaming firm cashes out of NagaWorld deal

Pan-Asian gaming company Entertainment Gaming Asia Inc (EGA) will sell 670 of its electronic gaming machine (EGM) seats placed at NagaWorld casino in Phnom Penh to an unnamed Cambodian firm for $2.5 million, the Nasdaq-listed company announced on Wednesday.

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Travel goods exports could soar as US drops tariffs

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VietStock FI English 2 week(s) ago

New trade privileges that allow Cambodian-manufactured travel goods duty-free access to the United States for the first time could see exports of these items increase by over 400 per cent in the coming years, industry experts said yesterday.

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Sihanoukville sees its tourist star rising

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VietStock FI English 2 week(s) ago

Sihanoukville sees its tourist star rising

The latest provincial tourism figures show efforts to establish Sihanoukville as a premiere beach destination may be paying off, with more tourists flocking to the coastal city than ever before.

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Local businesswoman up for the challenge

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VietStock FI English 2 week(s) ago

Local businesswoman Elida Kimsrun was the sole Cambodian selected to join over 700 entrepreneurs from around the world at the prestigious Global Entrepreneurship Summit in the United States last month.

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A $50M copper mine at Kou Sa site envisaged

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VietStock FI English 2 week(s) ago

Australian-listed mining firm GeoPacific announced its first resource estimate on its copper-gold project in northern Cambodia, estimating 51,000 tonnes of copper equivalent at two adjacent prospects on its Kou Sa project site.

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Palm oil yields up as crop matures

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VietStock FI English 2 week(s) ago

Palm oil yields up as crop matures

Export of crude palm oil from Mong Reththy Group, the Kingdom’s only active producer, doubled during the first half of the year despite prices showing no indication of improving, a company executive said yesterday.

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Payment card gains traction

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VietStock FI English 2 week(s) ago

MasterCard, the plastic payment-card brand of global financial services firm MasterCard Worldwide, has been present in the Kingdom since 2001, but until recently it was relatively unknown to most Cambodians. However, there are signs its signature debit and credit cards are poised for robust growth and widespread acceptance.

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Russian cargo airline to add Cambodia flight

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VietStock FI English 2 week(s) ago 1 related news

Russia's largest cargo airline, AirBridge Cargo Airlines, will launch a weekly flight to Cambodia this month as part of its expansion of services in Southeast Asia, according to international media reports.

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Thais to build biomass plant for Phnom Penh

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VietStock FI English 2 week(s) ago

Thailand's Sahacogen (Chonburi) Pcl, an independent producer and distributor of electricity and steam, will form a joint venture with Saha Patthana Inter Holding Pcl, the investment arm of Thailand’s Saha Group, to invest in biomass power plants in Cambodia and Myanmar, according to online business intelligence platform DealStreetAsia.

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Angkor Wat continues to lure foreign tourists

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VietStock FI English 2 week(s) ago

Revenue from ticket sales at the Angkor Archaeological Park complex in Siem Reap province, the site of Angkor Wat, increased slightly during the first half of the year, compared to the same period in 2015, new figures from the state-run Angkor Institution show.

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