While food delivery companies have cashed in on strictly enforced delivery or takeaway only protocols for restaurants during lockdown, many dining outlets are hanging on by a thread. Last month, Megan Coull, the owner of casual-dining restaurant Penh 278, had no choice but to reduce staff shifts and wages. The restaurant has been slightly buoyed […]
Read MoreThe Ministry of Public Works and Transport on May 15 said it is preparing to expand Sihanoukville Autonomous Port and set up an Electronic Data Interchange (EDI) system at the Kingdom’s ports to ramp up inventory and logistics control and boost exports. This comes as the government sets its sights on industrial development near the […]
Read MoreCambodia was one of the largest recipients of worker remittances among emerging economies in the East Asia and Pacific region in 2020, according to a World Bank report. It ranked eighth in the region behind China ($59.5 billion), the Philippines ($34.9 billion), Vietnam ($17.2 billion), Indonesia ($9.7 billion), Thailand ($8.3 billion), Myanmar ($2.2 billion) and […]
Read MoreCambodia received 70,901 international visitors in the January-March quarter (Q1) of 2021, down 94 percent from 1.15 million in the same period of last year, the Tourism Ministry said in a report released on Thursday. Thailand, China and Vietnam were the major three source countries of foreign travelers to the Southeast Asian country during Q1, […]
Read MoreWith up to 20 percent of all Cambodian loans having been restructured in the wake of the pandemic, insiders emphasise that the fallout from leaving them untouched would have been substantially worse. The Credit Bureau of Cambodia (CBC) this week announced that debt past its due date by more than 30 days (DPD+30) had grown […]
Read MoreA duty-free store operated by China Duty Free Group (CDFG) will become the first outlet at Phnom Penh integrated resort NagaWorld to reopen as Cambodia’s capital city starts easing some COVID-19 restrictions. NagaWorld operator NagaCorp announced it had been informed by CDFG of its intention to reopen the store, located at NagaCity Walk, under the […]
Read More
Thailand
