Cambodia: More Cambodians struggling to repay MFI loans Tue, 12 July 2016 – Banking industry insiders expressed concern yesterday over a spike in the amount of delinquent debts reported by microfinance institutions (MFIs) across the Kingdom, which they attributed to farmers struggling to repay their loans after adverse weather conditions affected their crops. Speaking at […]
Read MoreCambodia: Keeping up with the economy Mon, 11 July 2016 – One of Cambodia?s biggest diversified companies, RMA, is active in three core industries: automotive, food and beverage, and infrastructure. The Post?s Ayanna Runcie sat down with the Ngorn Saing, CEO of RMA Cambodia, to discuss the country?s business landscape and potential for growth. What […]
Read MoreCambodia: Nearly 90% of garment factory jobs at risk of automation: ILO Mon, 11 July 2016 – Local industry experts responded yesterday to a new report that warns the majority of Cambodia?s garment sector workers could lose their jobs in the coming two decades as automation and innovative technologies replace low-skilled labour and allow multinational […]
Read MoreCambodia: Gaming firm cashes out of NagaWorld deal Fri, 8 July 2016 – Pan-Asian gaming company Entertainment Gaming Asia Inc (EGA) will sell 670 of its electronic gaming machine (EGM) seats placed at NagaWorld casino in Phnom Penh to an unnamed Cambodian firm for $2.5 million, the Nasdaq-listed company announced on Wednesday. The sale terminated […]
Read MoreCambodia: Rice sector continues its struggle in first half Fri, 8 July 2016 – Cambodian rice exports decreased nearly 6 per cent year-on-year during the first semester, reinforcing concerns about the future of the rice industry, the Kingdom’s most important agricultural sector. A report released yesterday by the Secretariat of One Window Service for Rice […]
Read MoreCambodia: Travel goods exports could soar as US drops tariffs Thu, 7 July 2016 – New trade privileges that allow Cambodian-manufactured travel goods duty-free access to the United States for the first time could see exports of these items increase by over 400 per cent in the coming years, industry experts said yesterday. An amendment […]
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