Commerce Minister Pan Sorasak said yesterday the government will take action to boost the export of processed products and facilitate trade in the kingdom. He made the comments at a working group meeting with Van Sou Ieng, president of the Garment Manufacturers Association in Cambodia (GMAC). “The ministry will review and revise its procedures on […]
Read MoreSA KAEO – Border trade between Thailand and Cambodia through the eastern province rose by 12.71% month-on-month in January, with a 3.34% decline in Thai exports to the neighbouring country and an 89.48% increase in imports. The value of trade through the Aranyaprathet checkpoint amounted to 6.45 billion baht, increasing by 727 million baht or […]
Read MoreCambodian casino operator NagaCorp Ltd posted a net profit of $184.2 million last year, a 7 percent increase over the previous year, with growth largely tempered by a lacklustre surge in business volume across all gaming segments at its NagaWorld casino complex in Phnom Penh. While still posting sizeable profits for 2016, growth was far […]
Read MoreKasikornbank (KBank), Thailand’s fourth-largest lender by assets, aims to lend 1.5 billion baht this year to corporate customers who invest in Cambodia after officially launching a full-service branch in the country. Large Thai companies in need of financial support for expansion into Cambodia are the bank’s targets, said president Predee Daochai. KBank’s new Cambodian branch will […]
Read MoreCambodia’s total exports to the United States declined last year compared with 2015, due to uncertainties in the US presidential race and rising exports from Vietnam and new market player Myanmar. According to figures from the Office of the US Trade Representative, total exports from Cambodia to the United States were more than $2.8 billion […]
Read MoreCambodia’s insurance industry saw impressive growth last year as general insurance continued to make positive strides, while life insurance accounted for the largest upswing by percentage, according to an annual report by the Insurance Association of Cambodia (IAC). Overall gross premiums grew by 35.6 percent last year, swelling from $83.7 million to $113.6 million, according […]
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