Fertiliser deal eyes growing market

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VietStock FI English 2 week(s) ago

A new partnership between Thai-based MSK Fertilizer and Cambodian import agency Brightway Group will increase the distribution of certified quality fertilisers to combat the Kingdom’s endemic supply of fake crop stimulants, a Ministry of Agriculture official said.

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Border control a concern as harvest looms

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VietStock FI English 2 week(s) ago

Border control a concern as harvest looms

Tighter border controls by Thai authorities could result in thousands of tonnes of Cambodian agricultural goods getting stranded at the border next month when local farmers begin harvesting their crops, sources warned yesterday.

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Gaming firm to push into mobile apps

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VietStock FI English 2 week(s) ago

Pan-Asian gaming company Entertainment Gaming Asia Inc (EGA) will actively pursue new business ventures, including developing an online social casino platform, to help offset short-term revenue losses, the company said in a filing yesterday.

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Prices fall at the pump as new fuel caps set

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VietStock FI English 2 week(s) ago

The government lowered the price ceiling on retail fuel products across the board in its latest scheduled revision, setting new price caps effective August 12 to 21, the Ministry of Commerce announced yesterday.

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Regulators keeping a close eye on derivatives market

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VietStock FI English 3 week(s) ago

Cambodia's capital market regulator held a forum yesterday on regulations and safeguards for the derivatives market, laying out the inherent risk and reward of the poorly understood financial instrument that has until recently operated with no oversight.

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Review finds economy resilient to challenges

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VietStock FI English 3 week(s) ago

The National Bank of Cambodia released its annual report yesterday, citing strong growth in 2015 despite challenging economic circumstances caused by a Chinese economic slowdown, increased regional competitiveness and the appreciation of the US dollar.

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Domestic tourists push up Siem Reap visitor count

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VietStock FI English 3 week(s) ago

Domestic tourists push up Siem Reap visitor count

Tourist visits to Siem Reap province increased slightly during the first half of the year as foreign tourists lined up to see the country’s pre-eminent tourism attraction, Angkor Wat, and Cambodians from across the country flocked to the province for a major national festival in April.

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Malaysian trade agreement inked at Phnom Penh business forum

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VietStock FI English 3 week(s) ago

Malaysian trade agreement inked at Phnom Penh business forum

Cambodia and Malaysia took strides yesterday to enhance bilateral trade and investment, holding a business forum in Phnom Penh and inking a cooperation agreement aimed cementing existing ties – and forging new ones.

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NagaCorp profits up as casino packs in punters

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VietStock FI English 3 week(s) ago

Nagacorp Ltd, the operator of NagaWorld casino in Phnom Penh, saw its net profit climb 24 per cent during the first half of 2016 on “an increase in business volume across all segments of the gaming business,” the Hong Kong-listed company said in a filing yesterday.

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Life policies leading insurance growth

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VietStock FI English 3 week(s) ago

Life insurance was the fastest-growing segment of Cambodia’s rapidly expanding insurance market during the first half of 2016, clocking an impressive 113.2 per cent year-on-year growth in premiums, according to an industry report released yesterday.

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Siemens urges gov’t to boost power grid

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VietStock FI English 3 week(s) ago

Cambodia needs to focus on solidifying its national grid and shoring up its energy efficiency and transmission lines before expanding into more costly renewable technology, a visiting executive of German engineering giant Siemens said yesterday.

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EPIC incubator to help start-ups in Cambodia

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VietStock FI English 3 week(s) ago

Impact Hub Phnom Penh, a local platform for entrepreneurs and start-ups, has announced the launch of Cambodia’s first one-year incubation program aimed at providing resources and training for aspiring start-up developers.

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Microsoft translation project to tackle business jargon

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VietStock FI English 3 week(s) ago

American software giant Microsoft announced yesterday that it would jointly implement a project with Cambodia’s Ministry of Commerce to create a translation program to simplify complex English and Khmer business terminology in order to help businesses better understand commonly used jargon.

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Cambodia stuck on money laundering blacklist

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VietStock FI English 3 week(s) ago

Cambodia stuck on money laundering blacklist

Cambodia has been listed as the highest-risk nation in ASEAN, and ranks sixth globally, for its susceptibility to money laundering and terrorism financing in a recently released global index that charts the vulnerability of 149 nations.

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Swiss logistics giant settles in

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VietStock FI English 3 week(s) ago

After more than a decade operating through a local agent, Swiss logistics and freight forwarding giant Panalpina opened a branch in Cambodia yesterday, offering its full line of ocean and air freight services to a growing market.

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