Local and foreign investment in the Kingdom declined by nearly $1 billion last year, with the bulk of losses coming from fewer infrastructure and agriculture projects, while the manufacturing and tourism sectors continued to post massive gains, according to the Council for the Development of Cambodia’s (CDC) annual report published yesterday. According to the report, […]
Read MoreThe bridge connecting Chrey Thom district in Kandal province to Long Binh in Vietnam’s An Giang province was officially launched yesterday by Prime Minister Hun Sen and his Vietnamese counterpart Nguyen Xuan Phuc. “The Chrey Thom-Long Binh Bridge is an important cross-border gate for people in Cambodia and Vietnam,” said Mr. Hun Sen at the […]
Read MoreThe palm sugar business in Cambodia is still in its infancy, with small- and medium-sized enterprises (SMEs) fighting an uphill battle to stay afloat in the midst of dwindling raw sugar supplies and competition from producers of adulterated sugar. Keo Chet, CEO of Natural Gold Palm Sugar, recently spoke to Khmer Times’ Sok Chan and […]
Read MoreConfluences Asia, a Cambodia-based consulting and advisory firm, recently helped launch its second startup in Cambodia with Portuguese e-ticketing firm Last2Ticket. The Post’sMatthieu de Gaudemar sat down with Soreasmey Ke Bin, managing director of Confluences, to discuss the Kingdom’s appeal to foreign firms and startups. Can you describe the current work of Confluences Asia in […]
Read MoreThe Ministry of Economy and Finance (MEF) is planning to form a joint committee chaired by government officials and microfinance institutions (MFIs) to promote small loan disbursements as the new 18 percent loan interest rate cap takes effect, according to an announcement released by the government on Friday. The initiative was announced after representatives from […]
Read MorePHNOM PENH – Cambodia and Vietnam on Monday opened a jointly built bridge across a river in the Mekong delta to improve trade and commerce between the two nations. The 427-metre-long bridge cost US$36 million, with the expense split almost evenly between the two countries. The bridge commemorates the 50th anniversary this year of the […]
Read More
Thailand
