Wing (Cambodia) Ltd Specialised Bank and Canadia Bank Plc inked a partnership to drive financial inclusion and provide every Cambodian easy access to cash. Both banks are working together to fill in the Kingdom’s gap in financial services and to explore new opportunities to ensure that every Cambodian enjoys convenience and security when it comes […]
Read MoreA senior official from the Telecommunication Regulator of Cambodia (TRC), says the Ministry of Posts and Telecommunication has removed the business licence and spectrum of Cambodia Advance Communications Ltd, known as CADCOMMS and branded as qb. Cambodia Advance Communications Ltd or “CADCOMMS” has been in operation in Cambodia since 2008 when it launched a 3G […]
Read MoreKent International, a large US-based bicycle manufacturer, yesterday said its bicycle factory in Cambodia is on hold now, after spending roughly $10 million on a land purchase in Phnom Penh. The company’s factory occupies about 37,000 square metres and is a joint investment with Shanghai General Sports. It is located about 16 kilometres from downtown […]
Read MoreHospitality groups continue to call on the government to provide an exit strategy from the lockdown of the Kingdom’s bars, clubs and KTV’s – so struggling owners can implement business plans, but some are deciding to quit. The renewed call came after Thailand announced yesterday it will be allowing its bars, karaoke parlours and other […]
Read MorePrime Minister Hun Sen confirmed yesterday that the current Phnom Penh International Airport will be used only for the head of state, heads of local governments and Cambodian senior leaders, as a military airbase, for domestic flights, private jets and for diplomatic officials and foreign leaders. The new international airport will employ 20,000 workers a […]
Read MoreOne of the Kingdom’s major economic pillars, the construction sector, is set to experience negative growth rate this year, which it has never seen since the global financial crisis between 2007 and 2009. The sector has enjoyed an impressive growth curve in recent years. According to official figures from the Ministry of Land Management, Urban […]
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