Market-based approach to development Phav Daroath recently became the first Cambodian to be selected for the Forbes 30 Under 30 Asia list for social entrepreneurship. — The Phnom Penh Post Tech Firms Warn of Weak […]
Ground broken for oil refinery After years of delays and setbacks, the Cambodian firm set to operate the Kingdom’s landmark oil refinery finally broke ground yesterday on a $1.62 billion project with an updated completion […]
ADB guides Vietnam, Cambodia to greater growth The Asian Development Bank funds physical infrastructure across the region, but unlocking a country’s growth potential takes more than roads and railways. – Nikkei Asian Review World Economic […]
Illicit trade costs millions Illicit financial flows in and out of Cambodia starved the Kingdom of at least $360 million in lost taxes annually between 2005 and 2014, according to a new report. — The […]
Emerald’s gold prospects improve The Australian-listed mining firm behind Cambodia’s Okvau gold project in Mondulkiri province released its definitive feasibility study (DFS) yesterday, confirming its predictions of 1.14 million ounces in gold reserves while reducing […]
CNRP Asks Government to Investigate Angkor Bribe Claims Culture and Fine Arts Minister Phoeung Sakona said on Thursday that she would investigate allegations by a senior opposition lawmaker that the authority managing the world famous […]
E-commerce slowed by government: report 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 […]
Port launches initial public offering roadshow Sihanoukville Autonomous Port (SAP) kicked off a road show and bookbuild process for its initial public offering (IPO) yesterday to prospective investors, following the announcement last month that it […]
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 […]
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 […]
Kingdom’s debt grows to nearly $6 billion 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 […]
Directive Opens Door For Surrogacy Babies to Leave Cambodia A new directive by Cambodia’s Council of Ministers clarifies the future of dozens of unborn babies following the crackdown last year on illegal commercial surrogacy undertaken in […]