Cambodia’s economy is a bright spot, says IMF

0 vote(s)Comment

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

Cambodia's economy is expected to remain strong despite sluggish global economic growth, with the country’s GDP growth projected at 7 per cent this year and 6.7 per cent in 2021, according to the International Monetary Fund’s (IMF) recently released 2016 World Economic Outlook survey.

Keywords: 

Vinamilk keeps stake in Angkor dairy plant

0 vote(s)Comment

VietStock FI English 3 week(s) ago

Vietnamese dairy giant Vinamilk has appointed Angkor Dairy Products Co Ltd as the official distributor of Vinamilk products in Cambodia following the closure of its local representative office last month.

Keywords: 

Logistics firm takes shape

0 vote(s)Comment

VietStock FI English 3 week(s) ago

Logistics firm takes shape

Fresh off the announcement of his company’s latest acquisition, Rithy Sear, chairman of the WorldBridge International Group, said he was looking to close the net on competition as he works to cement his company’s position as the Kingdom’s supply chain leader.

Keywords: 

Next passenger train set to run on April 30

0 vote(s)Comment

VietStock FI English 1 week(s) ago

Passenger rail services between the capital and the coast will resume on April 30, though neither the schedule nor ticket prices have been finalised, Tith Sam Oeun, commercial manager of Royal Railway, said yesterday.

Keywords: 

Siem Reap readies for Khmer New Year tourist flood

0 vote(s)Comment

VietStock FI English 2 week(s) ago

Tourism authorities in Siem Reap are anticipating that more than a million tourists will descend on the temple town for the Angkor Sangkran festival, the country’s biggest cultural attraction over the Khmer New Year holiday.

Keywords: 

Thu, 7 April 2016

0 vote(s)Comment

VietStock FI English 3 week(s) ago

Oil and gas exploration companies operating in Cambodia must follow the schedule of their concession contracts or face fines and risk having their contracts revoked, a state official warned yesterday.

Keywords: 

Tax reform showing results

0 vote(s)Comment

VietStock FI English 1 week(s) ago

Tax reform showing results

A fair and transparent taxation system will play a vital role in Cambodia’s economic growth as the country weans itself off donor dependence and moves toward an economy driven by trade and investment. The Post’s Kali Kotoski sat down with Clint O’Connell, head of Cambodia Tax Practice for foreign investment advisory and tax firm DFDL Cambodia, to discuss recent tax reforms and their impact on business and investment.

Keywords: 

Massive sugar mill poised to expand

0 vote(s)Comment

VietStock FI English 1 week(s) ago

Massive sugar mill poised to expand

A Chinese-owned agricultural company inaugurated its $360 million sugar mill in northern Cambodia yesterday, after spending six years preparing land for the plantation and nearly two years building the sugar mill, which is billed as Asia’s largest.

Keywords: 

NagaCorp still on a roll, but at slower pace: Citi

0 vote(s)Comment

VietStock FI English 2 week(s) ago

Nagacorp Ltd, operator of the NagaWorld casino and hotel complex in Phnom Penh, exhibited strong revenue growth in the first quarter of the year and is expected to maintain this course through the end of the year, though at a slower pace, Citi Research said in its latest investor note on the Hong Kong-listed firm.

Keywords: 

Heineken reports strong beer sales as it taps growing regional demand

0 vote(s)Comment

VietStock FI English 6 day(s) ago

Heineken reports strong beer sales as it taps growing regional demand

Dutch brewing giant Heineken NV experienced strong growth in beer sales throughout the Asia-Pacific region, including Cambodia, during the first quarter of 2016, a company representative said yesterday.

Keywords: 

HLH plans 400-hectare food-processing park

0 vote(s)Comment

VietStock FI English 1 week(s) ago

Singaporean listed firm HLH Group will invest $10 million to set up a 400 hectare agricultural food-processing park in Cambodia, the Strait Times reported yesterday.

Keywords: 

Royal Group in talks with China, Indonesia on proposed oil pipeline

0 vote(s)Comment

VietStock FI English 2 week(s) ago

Cambodian conglomerate the Royal Group is in talks with two foreign state-owned petroleum companies to conduct feasibility studies for an oil pipeline that would run from Sihanoukville to Phnom Penh, a government official has confirmed.

Keywords: 

Casino operator’s winning streak continues

0 vote(s)Comment

VietStock FI English 3 week(s) ago

Nagacorp Ltd, the Cayman Islands-registered operator of Cambodia’s NagaWorld casino and hotel complex, recorded $153.8 million in gross gaming revenue during the first quarter of 2016, a 35 per cent increase over the same period last year.

Keywords: 

Thai membership card seeks Cambodian elites

0 vote(s)Comment

VietStock FI English 1 month(s) ago

A Thai privilege card program that costs nearly $15,000 to join is banking on Cambodia’s robust yet deeply polarised economy to provide up to 60 new card members a year.

Keywords: 

Bringing Japan FDI into focus

0 vote(s)Comment

VietStock FI English 1 month(s) ago

Bringing Japan FDI into focus

Launched last week, the Cambodia-Japanese Business Investment (CJBI) group aims to facilitate a dialogue between the two countries to bolster investment, and to help guide Japanese businesspeople through Cambodia’s often murky investment climate. The Post’s Cheng Sokhorng sat down with Koem Oeurn, CJBI president, to discuss what the business association aims to accomplish against a backdrop of rising Japanese trade and investment.

Keywords: 

Top page