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Thailand plans to buy Cambodian water

Thailand’s listed Eastern Water Resources Development and Management Plc’s subsidiary Universal Utilities Plc. a tap water provider, plans to spend some 200 million baht ($6 million) a year to buy water from the still to be built Stung Nam hydroelectric dam in Koh Kong province to supply the Thai provinces of Chon Buri, Rayong and […]

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Cambodia: Seaport operator cruises toward IPO

The state-owned enterprise that operates Cambodia’s only deep-sea port is aiming to raise $27 million by floating a 25 percent stake on the Kingdom’s stock market, a company executive said yesterday. The initial public offering (IPO), to be held following a six-day bookbuild in late April, could end up being the largest public offering on […]

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Cambodia takes bite out of app market

People can now order food and drinks with their smartphone after a Cambodian-developed e-commerce application called Tesjor came into operation.  Logan Sean, chief operating officer of Pathmazing, that developed the Tesjor app, said the application allows customers a choice of either dining in or getting takeaways, along with the option of delivery at a specified […]

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Cambodia: Airports raise a smile

Cambodia’s three airports today join France’s Vinci airport network in organizing ‘Smiling Day’, the company’s flagship event for customer care, loyalty-building and passenger services.  Vinci Airports, which has a 70 percent share in Cambodia Airports, is organizing ‘Smiling Day’ at all airports in its network.  Cambodia, Chile, the Dominican Republic, France, Japan and Portugal are […]

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US, Cambodia trade reaches $3 billion

The trade volume between Cambodia and the United States in 2016 reached about $3 billion, while nearly 240,000 American tourists visited the kingdom. Foreign Ministry spokesman Chum Sounry told reporters yesterday after a meeting between Foreign Minister Prak Sokhonn and Mom Rady, a Democratic member of the Massachusetts House of Representatives, that Cambodia saw an […]

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Swedish aid agency offers funds for SMEs

Sweden’s development agency will provide $7 million to foster the development of small- and medium-size enterprises (SMEs) in Cambodia, according to state-run news agency AKP. The funding by the Swedish International Development Cooperation Agency (SIDA) will cover various areas of interest, including agriculture, information technology, access to water, improved hygiene and job opportunities for women, […]

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