Exchange Square has its official opening

Publication date 25 May 2018 | 10:23 | ICT

After nearly a year of operations, Exchange Square – the $100 million, 39,700-square-metre development by Hongkong Land – had its official launch on Thursday.

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  • Asian countries urged to liberalise

    Publication date 22 May 2018 | 08:57 | ICT

    Cambodia’s commerce minister on Monday encouraged counterparts in India and the three other Asean countries included in the CLMV group (Cambodia, Laos, Myanmar and Vietnam) to strengthen their relationships, in hopes that collaboration will further boost economies and reinforce trade.

  • Rice storage facilities nearly ready for next harvest season

    Publication date 21 May 2018 | 09:57 | ICT

    Three new rice storage and drying facilities will be ready in July for the upcoming harvest season and will boost the sector’s capacity and export potential, even as the Ministry of Agriculture claimed the sector still needs more st

     
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  • MFI group warns about shady Facebook adverts

    Publication date 21 May 2018 | 10:17 | ICT

    A representative of the Cambodia Microfinance Association (CMA) yesterday warned the public on the dangers of taking cash loans from unfamiliar institutions, noting that shady lenders were boosting their advertisements.

     

  • Spirits up despite revenue fall at SEZ

    Publication date 21 May 2018 | 10:19 | ICT

    The capital’s exchange-listed special economic zone (SEZ) announced a more than 18 percent decline in revenue for the first quarter of 2018, citing decreasing land sales as a contributing factor.

  • ANZ sells stake in Royal venture

    Publication date 18 May 2018 | 09:26 | ICT

    Australia and New Zealand Banking Group (ANZ) announced yesterday that it had reached an agreement to sell its 55 percent stake in Cambodian joint venture ANZ Royal Bank to J Trust, a Japanese holding company listed on the Tokyo Sto

  • China-Cambodia tourism forum held

    Publication date 18 May 2018 | 09:28 | ICT

    The Cambodian tourism sector must be prepared to welcome a growing number of Chinese tourists, as they lead the globe in the number of outbound travellers and were responsible for the most visitors to the Kingdom last year, the coun

  • Growth steady for Kindgom’s MFI loans

    Publication date 18 May 2018 | 09:28 | ICT

    The loan portfolio and deposit amount in Cambodia’s microfinance sector has seen noticeable growth this year, while the number of borrowers has stayed constant and bad loan ratio has been declining slightly, according to data from t

  • Over 16k take advantage of PP-Takhmao ferry

    Publication date 18 May 2018 | 09:32 | ICT

    The Ministry of Public Works and Transportation announced on Thursday that 16,287 passengers have so far travelled to and from Phnom Penh and Takhmao town on the new public ferry service, launched in April.

  • Japan bank buys major stake in ANZ Royal Bank

    Publication date 17 May 2018 | 18:14 | ICT

    Japan's largest bank acquired more than half of ANZ’s shares in Cambodia on Thursday, according to a statement from Kith Meng’s Royal Group.

  • Union group fears for future of EU trade deal

    Publication date 17 May 2018 | 11:19 | ICT

    The Cambodian Confederation of Unions (CCU) on Wednesday issued a statement expressing its concern that the upcoming election will impact garment workers, and that if the political climate isn’t improved they could face dire consequ