10-11-img_1810
Read More

Cambodia: The local ride-sharing market: Q&A with Uber

Uber officially launched its ride-sharing app in Cambodia last September, with the kingdom becoming the 78th market where the US-based ride-hailing behemoth is present. Pascal Ly, general manager of Uber in Cambodia, talks to Khmer Times’ business reporter Sum Manet about the company’s progression in the kingdom, its business strategy, and the local ride-sharing market. […]

Read More
anh91835750pm
Read More

Vietnam, Cambodia’s bilateral trade surged 30% in 2017

HANOI — Bilateral trade between Vietnam and Cambodia last year surged 29.7 per cent against the previous year to nearly US$3.8 billion, the General Department of Customs reported. Of the total, Vietnam’s export turnover to this market was $2.77 billion, rising 26.1 per cent against the previous year. Vietnamese key export goods to Cambodia last […]

Read More
14-circle-k-mai-3
Read More

Circle K opens first store in Cambodia

Amid rising competition in the food mart and supermarket sectors, US convenience store chain Circle K officially opened its first outlet in the kingdom yesterday. The store, which opened in Phnom Penh’s Tuol Kork district, will soon be followed by two more outlets from the US retail company. The stores will be operated by Circle […]

Read More
13-csx-chor
Read More

Cambodia: ADB issues guide to local bond market

Aiming to inject momentum into their nascent debt markets, the Asian Development Bank (ADB) released yesterday bond market guides for Cambodia and Myanmar. Titled ‘ASEAN+3 bond market guide’, the publications provide practical and detailed information on the investment climate, rules, laws, opportunities, and characteristics of the bond markets of the two Southeast Asian countries. Yasuyuki […]

Read More
12-factory-workers-vong-4
Read More

Cambodia: RAM maintains poor ratings

Malaysian credit rating agency RAM reaffirmed Cambodia’s poor ratings on the global and Asean scales, pointing to the country’s poor business environment and weak institutional capacity. The ratings – ‘gB1(pi)/stable/gNP(pi)’ on the global scale and ‘seaBB3(pi)/stable/seaNP(pi)’ on the Asean scale – mean the country is facing a lack of development, coupled with a poor business […]

Read More