Cambodian mobile payment app Pi Pay has shown progress since its service was unveiled in mid-2017, with total transaction value amounting to $170 million and total transactions reaching 7.5 million, the firm’s CEO said on Monday. Pi Pay CEO Tomas Pokorny said in an e-mail on Monday that Pi Pay’s app has seen close to […]
Read MoreThe growth in the Kingdom’s construction sector – particularly the building of condominiums, commercial centres and residential zones – has pushed the demand for high-end construction materials and furniture, especially products imported from Europe and the Americas. Cambodia also imports lower-cost products from China, Vietnam and Thailand. Hong Limtong, general manager of CBMS Trading Co […]
Read MoreThe government has made preparing for a digital economy and responding to the Fourth Industrial Revolution a priority as the country must speed up its economic transformation for long-term growth, the Ministry of Economy and Finance has said. Speaking at the three-day Digital Cambodia 2019 event, that addressed the theme “Towards Industry 4.0” and ended […]
Read MoreThe prime minister said he will seek other overseas markets for the Kingdom’s agricultural products, especially rice exports, claiming that Cambodia cannot rely on only one market. Speaking at the closing ceremony of 2018-2019 Agriculture, Forestry and Fisheries Annual Result Review Meeting, Prime Minister Hun Sen said Cambodia’s agricultural sector is showing progress, with it […]
Read MoreThe American Chamber of Commerce in Cambodia (AmCham) has said an end to the Kingdom’s access to a US preferential tariffs agreement after the introduction of the “Cambodia Trade Act of 2019” by Washington would be “counterproductive”. Such a move would harm not only thousands of factory workers and their families’ livelihoods, but would affect […]
Read MoreThe private sector has welcomed the government’s move to reduce the number of public holidays in the in the Kingdom – known for having the most public holidays in the world – by seven days. However, the government had just added the “Day of Remembrance” on May 20, last year, which brings the country’s total […]
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