During the Regional Comprehensive Economic Partnership (RCEP) Intersessional Ministerial Meeting, held during the weekend in Siem Reap, Cambodia held bilateral talks with delegates from Singapore, China, and Australia. During a meeting with Chan Chun Sing, Singapore’s Trade Minister, Cambodian Prime Minister Hun Sen said the ministries of commerce of both countries have been cooperating to […]
Read MoreCambodia is becoming an attractive destination for Macanese junket casino operators to set up shop, as the market is currently rapidly growing while the junket market in Macau is shrinking, according to Morgan Stanley Asia Ltd analysts. Praveen Choudhary and Jeremy An of Morgan Stanley Asia visited Macau last month and issued a memo that […]
Read MoreSales of electronic products in the Kingdom rose sharply last year, a reflection of the increasing purchasing power of Cambodia’s growing middle-class. According to the Singapore office of global research firm GfK, the value of sales of electronic products increased by 27.8 percent in 2018, reaching $413 million. Mobile phones accounted for $282 million of […]
Read MoreConsumer spending on mobile phones, consumer electronics and home appliances surged last year, with total spending accounting for at least $413 million, revealed G-Gear CEO Sok Piseth. Piseth, who is also the LG Electronics partner in the Kingdom, was quoting figures from market research firm GfK during a meeting with dealers late on Wednesday. He […]
Read MorePhnom Penh, Battambang, and Siem Reap have been included in the Asean Smart Cities Network, and will benefit from the assistance of the Japanese government in creating technologically advanced urban spaces. The Asean Smart Cities Network (ASCN) is a collaborative platform where cities from Asean member states work towards the common goal of smart and […]
Read MoreMalaysian-based WA Hospitality has been awarded a contract to manage Won Majestic Casino Hotel & Resort Cambodia, an upscale property in Sihanoukville now under construction. This is the first overseas management contract won by WA Hospitality, which was established in 2015 as a subsidiary company of UK’s World Avenues, according to TTG Asia. Won Majestic […]
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