Business

Business

Staff greet customers at a Vision Fund Microfinance branch in Phnom Penh.

MFIs seek regulator’s support

The apex body for the nation’s microfinance industry announced yesterday that the central bank had tentatively agreed to a number of measures it had requested to ease the burden on microfinance lenders following last week’s unilater

Fri, 24 March 2017 Kali Kotoski, Hor Kimsay

Hyatt breaks ground on Phnom Penh hotel

International hotel brand Hyatt announced yesterday that it broke ground on construction of its 250-room five-star Hyatt Regency hotel in central Phnom Penh.

Thu, 23 March 2017 Post Staff
A Nham 24 delivery driver rests on his scooter before making a food delivery on Tuesday in Phnom Penh.

Keying into a hungry market

Cambodians and expats in the Kingdom’s biggest cities are increasingly finding convenience in using their computers or smartphones to order food and drinks to their homes and workplaces, fuelling demand for online meal delivery plat

Thu, 23 March 2017 Matthieu de Gaudemar

Derivatives licensing capped by regulator

Cambodia's capital market regulator announced yesterday that it would suspend the issuance of new central counterparty licences to derivatives trading firms, claiming that capping the market at four was sufficient to serve current demand. The Securities Exchange Commission of Cambodia (SECC) said in an announcement signed on March 20 and published yesterday that it would no longer accept applications for companies that act as clearing houses for derivative brokerage firms.

Thu, 23 March 2017 Hor Kimsay

ACLEDA President In Channy on the key to the bank’s success

Post Khmer Editor-in-Chief Kay Kimsong sat down with Dr In Channy, President and Group Managing Director of ACLEDA Bank Plc, to explore the main principle guiding Cambodia’s biggest bank.

Wed, 22 March 2017 Post Staff
A Mekong Bank ATM in Phnom Penh.

Call for tighter ATM security

A municipal spokesman responded yesterday to local media claims that Phnom Penh’s governor was considering issuing an order to remove stand-alone ATMs from public areas across the capital, clarifying that the governor had only calle

Wed, 22 March 2017 Hor Kimsay

No bidders for central bank’s repo auction

The National Bank of Cambodia (NBC) announced yesterday that no financial institutions expressed interest in its sixth liquidity-providing collateralised operation (LPCO), marking the first time the repo auction was held without att

Wed, 22 March 2017 Post Staff
A worker loads freight onto an airplane. JACK GUEZ/AFP

Air cargo volume soars again

For the second straight year Cambodia has proven to be one of the world’s most dynamic markets for air freight shipments, with growth in cargo volume exceeding both global and regional averages.

Wed, 22 March 2017 Cheng Sokhorng

Alternative to TPP shows no sign of activity: analysts

While Prime Minister Hun Sen has publicly expressed his distaste for the Trans-Pacific Partnership (TPP), which was dealt a critical blow by US President Donald Trump’s decision to withdraw the United States from the agreement, economists say there has been little visible progress in cementing a rival multilateral free trade agreement that puts China and ASEAN in leading roles.

Wed, 22 March 2017 Kali Kotoski