Business

Industrial park operator Phnom Penh SEZ posted nearly a $2 million decrease in revenue for the first half of this year compared to the same period last year, with only 1.1 hectares of land sold across the group’s properties, accordi

Singapore-listed KrisEnergy Ltd, the company that holds a 95 percent stake in the Block A offshore oil field, is set to sign a petroleum agreement with the Cambodian government next week that could see it finally tapping into the Ki

The capital’s listed port operator, Phnom Penh Autonomous Port (PPAP), reported net profits of $1.6 million for the first half of 2017, a 2.5 percent increase compared to the same period last year.

Taiwanese-owned garment manufacturer Grand Twins International (GTI) posted a 0.88 percent drop in revenue for the second quarter this year that led to net profits plummeting by 54 percent compared to the same period last year, acco

An aerial view of the Sihanoukville Autonomous Port in Preah Sihanouk province.
Thu, 17 August 2017

Sihanoukville port shows solid growth for quarter two

Newly listed Sihanoukville Autonomous Port reported that total revenue for the second quarter of this year reached $13.3 million, a 5 percent increase compared to the same period last year, according to a filing yesterday on the Cam

Traffic passes in front of the National Bank of Cambodia’s head office yesterday in Phnom Penh.
Thu, 17 August 2017

NBC unveils online trading platform

In order to promote interbank transactions and lending, the National Bank of Cambodia (NBC) has officially launched a new online platform which allows financial operators to apply for and trade the central bank’s financial instruments like negotiable certificates of deposits (NCDs), liquidity-providing collateralised operations (LPCOs) and currency. Central Bank Director-General Chea Serey confirmed yesterday that the online platform, called the National Bank of Cambodia Platform (NBCP), was officially launched on Friday and would help cut down transaction costs. She added that the NBC was currently registering financial institutions that wanted to participate in the new system.

Green pepper at a plantation in Kampot province.
Thu, 17 August 2017

Pepper sector shaken by boom

The traditional supply chain dynamics for the renowned Kampot pepper are breaking down due to a market boom that has brought large-scale investment into pepper cultivation, while sidelining the small shareholders that rely on the be

Consumer credit in Cambodia continued to grow during the second quarter of this year, although at a more moderate pace with loan applications decreasing, according to the latest report from the Credit Bureau Cambodia (CBC).

JC International Airlines received its fourth Airbus A320 yesterday, with one more Airbus set to arrive this year before the company more than doubles its aircraft lineup in 2018, the brand manager for the airline said yesterday.

Yunnan Investment Holdings Ltd (YIHL), the Chinese state-run company that plans to build Siem Reap’s new international airport, will begin construction next year and over the course of three phases, Sinn Chanserey Vutha, spokesman o