Singaporean real-estate company PropNex has announced its regional expansion into Cambodia. This marks the companies fourth overseas venture into the ASEAN market following Malaysia, Indonesia and Vietnam. The expansion will see an increase in regional salespeople employed by the company to more than 12,000. PropNex Cambodia will be led by Alan Neo as chief executive […]
Read MoreA 2017 decision to limit interest rates to protect borrowers from high interest rates has resulted in microfinance institutions (MFIs) increasing their fees and turning away from smaller clients, according to an International Monetary Fund working paper. In March 2017, the National Bank of Cambodia (NBC) imposed an 18 percent limit on annual interest rates […]
Read MoreCambodia on May 20 launched the Cambodia Business Council (CBC) in Bangkok to serve as a one-stop centre for business trade and investment, as well as cultural and tourism exchanges between Cambodia and Thailand. Initiated by the Cambodian embassy in Bangkok as the first of its kind, the CBC serves as a platform to enhance […]
Read MoreAdvertisements will return to YouTube videos produced in Cambodia soon and the Kingdom will be added to YouTube’s partner programme, according to an announcement by the Ministry of Post and Telecommunications. The notice said that YouTube had temporarily suspended ads on the platform in about 90 countries to carry out a review on its partner […]
Read MoreThe office of Prime-Minister Hun Sen has tweeted a report from the Ministry of Foreign Affairs and International Cooperation detailing tourism capacity levels by region for 2020. The areas with the highest level of infrastructure for tourism were in order: Phnom Penh, Siem Reap, Sihanoukville, Kampot and Battambang. Nationally there were 1,028 hotels catering to […]
Read MoreCambodia is committed to join hands with other ASEAN member states and improve its transportation system to offset the cumulative impact of Covid-19 containment measures and boost regional trade, according to the Ministry of Public Works and Transport. Various Intra-ASEAN discussions are underway on tactics to better facilitate transportation and reduce the increased shipping times […]
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