The cityscape of Phnom Penh resembles a work in progress. On a strip of land marking the cross-section of the Mekong and Tonle Sap rivers, a new hotel under construction and empty plots face the centuries-old Royal Palace. Nowadays, restaurants and nightclubs come packed with tourists in the capital city. Around them, signs of construction […]
Read MoreAfter Cambodian rice exports declined dramatically in March, caused by what millers claimed was a stricter enforcement of sanitary and phytosanitary (SPS) measures by the Chinese government, the Ministry of Agriculture announced yesterday that it would lobby on the sector’s behalf to allow more millers to be eligible for export. According to a Facebook post […]
Read MoreThe Cambodian government collected more than $760 million dollars in tax revenue during the first quarter of this year, an increase of more than 90 percent compared to the same period last year, according to a report released yesterday by General Department of Taxation (GDT). The reported noted that in March alone, the GDT collected […]
Read MoreThe state-owned enterprise that operates Cambodia’s only deep-sea port officially announced that it will launch its six-day bookbuild and public roadshow starting next Tuesday with an expected initial public offering (IPO) on the Kingdom’s stock market set for May 31, the company’s sole underwriter said yesterday. Sihanoukville Autonomous Port (SAP) will float a total of […]
Read MoreThe government signed concessional loan agreements with development partners – both bilateral and multilateral – amounting to about $8.3 billion from 1993 to the end of 2016, official figures show. Of this sum, 86.6 percent was for infrastructure. Other priority sectors accounted for the rest, according to the Cambodia Public Debt Statistical Bulletin released last […]
Read MoreCambodia’s financial sector saw healthy growth last year with increased deposits and profits amid slower credit growth, reflecting sustainable development and increased public confidence in the sector, according to a recently released central bank report. According to the National Bank of Cambodia’s (NBC) annual supervisory report, deposits in the country’s banks rose by 21.8 percent […]
Read More
Thailand
