$100 million SME bank to commence in second half 2020
The fully state-owned SME Bank, first announced by Prime Minister Hun Sen at the 18th Government-Private Sector Forum last year is reportedly
Investment
US-Cambodia Trade Rises by Nearly 40% in 2019
Trade between the countries hit $5.446 billion – up from $3.935 billion from the same period in 2018, a report from the US Census Bureau said.
Cambodian food delivery startup secures strategic investment from Ooctane
Muuve, a food delivery service provider in Cambodia, has secured a strategic investment from local venture capital firm Ooctane.
Sihanoukville runway to be completed by midyear
By midyear, Sihanoukville International Airport will be able to handle the land-in and take-off of long-haul aircrafts when the standard runway is extended to 3,300 metres.
Circulation of Riel Rises 33%
The share of riel in circulation in the Kingdom grew by about 33 percent year-on-year by last year’s end as deposits in riel increased by 37 percent, said the
Jetro: Cambodia-Japan trade up 13%
Trade between Cambodia and Japan increased by nearly 13 percent last year compared with 2018, the Japan External Trade Organisation (Jetro) said. It said trade totaled $2.1 billion from January to November last year, a 12.95 percent increase compared with the same period in 2018 when trade hit $1.86 billion. Goods exported from Cambodia to […]
Central bank closely monitoring real estate and construction
The National Bank of Cambodia (NBC) says it is closely monitoring the development of the real estate and construction sectors because of their close relationship with banking in terms of credit growth.
Cambodia’s young stock exchange looking good
For almost a decade, the Cambodia Securities Exchange (CSX) has gradually evolved in its role as a source for local companies to find funds to grow businesses and operations.
Japan’s Aeon To Change Leadership After Huge Loss in Revenue Revealed
Aeon Co., Japan’s leading retailer and operator of two Aeon Malls in Phnom Penh has announced a change in leadership after the company released a report showing a massive dip in revenue in 2019.
Best Countries to Invest in Asia for 2020
We’re finally beginning a new decade! At the same time, we’re also continuing the longest bull market in modern history. The global economy hasn’t had a recession since the previous crisis in 2008. For a comparison, the world’s second longest bull market happened in the 1990s which lasted nine years. Most expansionary phases barely […]
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