Business

Business

MFIs seek ministry support

The Ministry of Economy and Finance (MEF) is planning to form a joint committee chaired by government officials and microfinance institutions (MFIs) to promote small loan disbursements as the new 18 percent loan interest rate cap ta

Mon, 24 April 2017 Hor Kimsay

Bringing startups to Cambodia

Confluences Asia, a Cambodia-based consulting and advisory firm, recently helped launch its second startup in Cambodia with Portuguese e-ticketing firm Last2Ticket. The Post’s Matthieu de Gaudemar sat down with Soreasmey Ke Bin, managing director of Confluences, to discuss the Kingdom’s appeal to foreign firms and startups. We work a lot with foreign companies that want to integrate into the Cambodian market by providing consulting and advisory services. We help them with their first steps," said Soreasmey Ke Bin.

Mon, 24 April 2017

NBC signs blockchain agreement

The National Bank of Cambodia (NBC) has signed an agreement with a Japanese firm to develop a blockchain-based payment system that could potentially allow for the regulated usage of a cryptocurrency, which would eliminate the use of

Mon, 24 April 2017 Kali Kotoski

HKL gets $15 million to grow MFI operations

Cambodian microlender Hattha Kaksekar Ltd (HKL) has secured a $15 million cash injection to expand its business operations from its parent company, Thailand’s Bank of Ayudhya, Hout Ieng Tong, president and CEO of HKL, confirmed yest

Mon, 24 April 2017 Post Staff

Tax Department collects $760M in first quarter

The Cambodian government collected more than $760 million dollars in tax revenue during the first quarter of this year, an increase of more than 90 percent compared to the same period last year, according to a report released yester

Fri, 21 April 2017 Post Staff

Ministry pledges rice support

After Cambodian rice exports declined dramatically in March, caused by what millers claimed was a stricter enforcement of sanitary and phytosanitary (SPS) measures by the Chinese government, the Ministry of Agriculture announced yes

Fri, 21 April 2017 Hor Kimsay

Japanese Education Programme Kumon opens in Cambodia

Kumon, the Japanese leader in after school education, has opened its doors in the Kingdom of Cambodia.

Fri, 21 April 2017 Sponsored

Harley throttles into Cambodia

Harley-davidson, the iconic and globally recognised US motorcycle manufacturer, will soon be roaring into Cambodia with the country’s first dealership set to open in the next few months.

Fri, 21 April 2017 Matthieu de Gaudemar

Sihanoukville port announces bookbuild and IPO date

The state-owned enterprise that operates Cambodia’s only deep-sea port officially announced that it will launch its six-day bookbuild and public roadshow starting next Tuesday with an expected initial public offering (IPO) on the Kingdom’s stock market set for May 31. Sihanoukville Autonomous Port (SAP) will float a total of 21.44 million shares, in hopes to raise $27 million to expand and improve on existing facilities. It will be the fifth company to list on the Cambodia Securities Exchange (CSX) in the last five years and would be the largest IPO to date.

Fri, 21 April 2017 Hor Kimsay

Vietnamese firm to invest in massive casino

A little-known Vietnamese investment firm plans to build a massive $200 million mixed-use development that includes a hotel, casino and water park in the dusty Cambodian border town of Bavet through its fully-owned Malaysian subsidi

Thu, 20 April 2017 Kali Kotoski