SET-listed Home Product Center Plc (HMPRO) is considering expanding to neighbouring countries with a total investment budget of 6-7 billion baht, says Rakpong Aroonwatdhana, HomePro’s head of investor relations. The new investment will come from two sources, 2-3 billion baht from its own cash flow of and the rest will come from loans. HomePro operates […]
Read MoreMicro-Credit Ratings International Ltd (M-CRIL), an Indian provider of rating and advisory services to the microfinance industry, has secured a $1.5 million equity investment agreement from the Asian Development Bank (ADB) to push into emerging markets including Cambodia, the ADB said in an announcement last Friday. The investment will be used to strengthen existing M-CRIL […]
Read MoreThe government needs to urgently amend its industrial development policy to spur the inclusive growth of small- and medium-size enterprises (SMEs) and develop a national logistics platform to cut onerous shipping costs if Cambodia is to find a place in global value chains, panellists at a macroeconomic conference said yesterday. Speaking at yesterday’s 2017 Outlook […]
Read MoreBusiness confidence among companies operating in Cambodia has dropped to its lowest level in years on the perceived decline in political stability and anxiety over next year’s general elections, and will likely cool investor appetite for the foreseeable future, according to a new survey by ANZ Royal Bank. The ANZ Royal Business Confidence Index, a […]
Read MoreCambodian exports to Thailand surged by 46 percent last year compared with 2015 while imports from the neighbouring country decreased slightly, according to statistics provided yesterday by the Ministry of Commerce. The value of Cambodian exports to Thailand reached $936 million by the end of December, from $639 million a year earlier. However, imports fell […]
Read MoreCambodia-based Kerry Worldbridge Logistics (KWB) and InSITE Bavaria signed an agreement to develop the first German-Cambodian industry and technology cluster at Kerry Worldbridge Special Economic Zone. Khmer Times’ Sok Chan recently spoke to Charles Esterhoy, KWB’s chief operations officer, on the concept of Industry 4.0 and how it will be incorporated into KWB’s special economic […]
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