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 3 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 3 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 3 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 3 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 3 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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Cambodia's economic status raised to lower-middle income

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VietStock FI English 3 week(s) ago

Cambodia's economic status raised to lower-middle income

The World Bank has officially revised the status of Cambodia’s economy, moving it up a rung from the low-income bracket into lower-middle income territory – a reclassification that economists expect will lead to a scale-back of foreign aid and preferential trade access over the coming years.

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Wing to process business registry fees

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VietStock FI English 3 week(s) ago

The Ministry of Commerce has tapped Wing (Cambodia) Ltd Specialised Bank to be the fourth financial institution designated to handle payments for companies incorporated using the ministry’s online registration system.

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K Mile Air launches air freight service

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VietStock FI English 3 week(s) ago 1 related news

Thai airline K Mile Air launched cargo flights between Bangkok and Phnom Penh yesterday, adding to Cambodia’s growing network of air freight connections, an aviation official said.

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Rice industry body president gets wary vote of confidence

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VietStock FI English 3 week(s) ago

Cambodia's apex rice industry body held its annual general meeting on Saturday, with its members unanimously re-electing its well-connected incumbent president, Sok Puthyvuth, for a second term in what some are calling a dress rehearsal for his political ascendancy.

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SE Asian startups poised for growth

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VietStock FI English 3 week(s) ago

Golden Gate Ventures recently closed a new $60 million fund for Southeast Asia’s rapidly-growing startup ecosystem. The Singapore-based venture capital (VC) firm sees opportunities in the region, which has already attracted more than $1.7 billion in investment capital this year, and is projected to draw $40 billion over the next 10 years. The Post’s Cam McGrath spoke to Justin Hall, principal at Golden Gate Ventures, about the firm’s fund-raising efforts and take on the region’s investment climate.

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Another setback for online company registration goal

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VietStock FI English 3 week(s) ago

Another setback for online company registration goal

The Ministry of Commerce has extended the deadline for companies to register online after yet another poor response to its automated online business-registration system, a ministry official said yesterday.

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The White Building: The past, present, and future of its close-knit community

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VietStock FI English 3 week(s) ago

The White Building: The past, present, and future of its close-knit community

Many small shops dot the sidewalk leading up to the famed White Building’s stairway. Over half a century old, those who have never dwelled in this environment, or passers-by who so often turn up their noses at the stench emitting from huge dumpsters lined outside the building, may be hesitant to actually step foot into the building.

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