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Cambodia: Phnom Penh Autonomous Port postpones shareholder meeting

The Cambodia Securities Exchange-listed Phnom Penh Autonomous Port (PPAP) has decided to postpone its fifth general shareholders meeting today to next month, according to a company announcement on the CSX. The state-owned enterprise, said the postpone is because of the pandemic spread and the need to comply with social-distancing guidelines. The fifth general shareholders meeting […]

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Cambodia: Government to allow export of white rice

Ministry of Economy and Finance is now allowing the export of white rice to the international market, according to an announcement released by the Ministry of Economy and Finance. The announcement number 3915 signed by Deputy Prime Minister and Minister of Economy and Finance Aun Pornmonirath today said that based on the request by the […]

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Cambodia: Co-working space discount fees by up to half

Local co-working space, The Desk, reduced its leasing fees last month by up to 50 percent, as the company attempts to retain clients during the COVID-19 pandemic. Kim Norith, Managing Partner at The Desk, told Khmer Times that although the business has been able to remain open, the pandemic has hurt client numbers because many […]

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Cambodia: Loans in Kingdom soaring

Credit Bureau Cambodia (CBC) has reported that the total outstanding loans in the first quarter of the year reached about $28.4 billion, up to 26 percent compared with the same period last year. The figures were released by CBC’s Chief Executive Officer Oeur Sothearoath. “This includes a 30 percent increase in new disbursements. There was […]

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Cambodia: Regular air travel not lifting off

The Kingdom’s airline operator said that local travelling by air will take at least one year to recover after the pandemic ends, according to the chairman of Cambodia Angkor Air. Tek Reth Samrach, chairman of Cambodia Angkor Air, told Khmer Times that it was affected by the COVID-19 pandemic. Angkor Air provided just one flight within two […]

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