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Cambodia > Economy

E-commerce slowed by government: report

27/04/2017 07:36 | 0 comments

The key ingredients for e-commerce adoption are in place in Cambodia but many specific measures need to be addressed by both the private and public sector before the Kingdom can tap into the huge opportunities offered by a digital economy, according to a new report released by a UN agency yesterday.

Cambodia > Economy

Investment down by $1B

26/04/2017 08:09 | 0 comments

Local and foreign investment in the Kingdom declined by nearly $1 billion last year, with the bulk of losses coming from fewer infrastructure and agriculture projects, while the manufacturing and tourism sectors continued to post massive gains, according to the Council for the Development of Cambodia’s (CDC) annual report published yesterday.

Cambodia > Economy

Startups discuss local challenges

25/04/2017 07:55 | 0 comments

Cambodian startups currently face several regulatory challenges in pursuing growth and profitability, according to three of the Kingdom’s most successful startup founders who shared their experiences over the weekend with the hope to inspire increased innovation and entrepreneurship.

Cambodia > Economy

HKL gets $15 million to grow MFI operations

25/04/2017 07:51 | 0 comments

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 yesterday.

Cambodia > Economy

Bringing startups to Cambodia

24/04/2017 07:52 | 0 comments

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’sMatthieu de Gaudemar sat down with Soreasmey Ke Bin, managing director of Confluences, to discuss the Kingdom’s appeal to foreign firms and startups.

Cambodia > Economy

Harley throttles into Cambodia

21/04/2017 07:57 | 0 comments

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.

Cambodia > Economy

Kingdom’s debt grows to nearly $6 billion

21/04/2017 07:52 | 0 comments

Cambodia's national debt stood at $5.8 billion at the end of 2016, totalling nearly a third of GDP, according to the latest debt bulletin released by the Ministry and Economy and Finance earlier this month.

Cambodia > Economy

Vietnamese firm to invest in massive casino

21/04/2017 07:50 | 0 comments

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 subsidiary, a government official confirmed yesterday.

Cambodia > Economy

Khmer New Year festival brings in more income

19/04/2017 13:39 | 0 comments

Angkor Sangkranta, Siem Reap’s largest cultural festival held over Khmer New Year, raked in a total income of $95 million on the back of 1.6 million domestic and international visitors, a 23 percent year-on-year increase, state news agency AKP said yesterday.

Cambodia > Economy

Japanese firms sign power line agreement

19/04/2017 13:38 | 0 comments

T.T. Network Infrastructure Japan, a joint venture between global electronics manufacturer Toshiba and Tokyo Electric Power Co Holdings (TEPCO), will operate and maintain 130 kilometres of a 230-kilovolt power transmission line in Cambodia, according to Japanese media yesterday.

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