Following robust growth in cargo shipments, total revenue for state-owned Phnom Penh Autonomous Port (PPAP), the second largest harbor in Cambodia, increased by 14 percent in 2017, according to the Ministry of Public Works and Transport. PPAP’s revenue reached $18.77 million last year, a marked increase compared to 2016, when it was just $16.5 million. […]
Read MoreBoth unionists and private sector representatives are unhappy with draft amendments to Cambodia’s Labour Law, which would overhaul the regulations surrounding worker contracts and guaranteed employee protections. Negotiations between the Ministry of Labour and representatives from employers and unions have been ongoing since the draft amendments were released on December 14. The amendments closely follow […]
Read MoreThe central banking authorities of Cambodia and Laos have recently restated their commitment to enhance cooperation to strengthen their banking sectors. Speaking during the annual meeting between representatives of the National Bank of Cambodia (NBC) and the Bank of the Lao PDR on Friday, NBC’ governor Chea Chanto said working with Laos’s central bank to […]
Read MoreAs technology use has proliferated among Cambodians, businesses have sometimes struggled to keep up.The Post’s Robin Spiess sat down with Sopheakmonkol Sok, CEO and co-founder of web and mobile development company Codingate, to discuss how the country’s businesses can better harness the power of technology. What does Codingate do? We assist businesses in streamlining their operations, […]
Read MoreTwo high-powered developers in Cambodia are partnering with a Bangkok-based health care consultancy to establish a high-quality medical centre in Phnom Penh in the hopes of establishing the capital as a medical tourism destination. Singapore Medical Center (SGMC), a Cambodia-based company owned by Sear Rithy and his business partner Tan Teck Kee, has partnered with […]
Read MoreRide-hailing giant Grab signed a Memorandum of Understanding (MoU) with the government’s Anti-Corruption Unit (ACU) on Monday, agreeing to immediately report any future incidents of corruption or bribery to the state body. The MoU between Singapore-based Grab and the ACU comes less than a month after the company entered the Cambodian market, and the agreement […]
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