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Cambodia: Two more Asean direct flights near

Cambodia is expected to have direct air links with all Asean member states this year, with the exception of only Brunei, as two new airlines connecting the Kingdom to the Philippines and Indonesia will launch this year. Philippine Airlines (PAL) announced it will launch a flight service to Phnom Penh from Manila in April. Last […]

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Woori, Grab Cambodia partner on driver loans

SOUTH KOREA’S Woori Bank has partnered with Southeast Asian ride-hailing giant Grab’s Cambodia office to offer low-interest loans and other specialised financial products to Grab drivers in the country, the bank said on Thursday. WB Finance, the Cambodian business unit of Woori Bank, signed a memorandum of understanding with Grab Cambodia, to launch a series […]

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Demand soars for Thai consumer goods in Cambodia

Taking advantage of the close proximity and strong taste for affordable Thai products, manufacturers from Thailand continue to double their efforts to maintain a strong foothold in Cambodia’s ever-growing consumer market. The domestic demand for consumer products is flourishing in the Kingdom, largely fuelled by rising income plus the existence of a young population, and […]

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Siam Cement sales jump in Cambodia

Thai construction materials producer Siam Cement Group Public Company Limited (SCG) reported strong business growth in Cambodia last year, as revenue from its subsidiaries’ sales in the Kingdom enjoyed double digit growth. According to an SCG press release on Wednesday, revenue from sales in its Cambodia operation rose to $396 million, a 15 per cent […]

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Thai, Cambodian central banks sign pact

Bank of Thailand announced on Monday it had signed an agreement with the National Bank of Cambodia on cooperation in payments and financial innovation. The central banks’ governors, Veerathai Santiprabhob of Thailand and Chea Chanto of Cambodia, signed the document on February 3 in Phnom Penh. The banks’ annual meetings are aimed at strengthening cooperation […]

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