On Tuesday afternoon, China company, COFCO, had a meeting with Cambodian officials at the Council for the Development of Cambodia (CDC) and expressed its interests in doing investment in two sectors, exports of rice and hotel industry, in Cambodia. COFCO is the largest leading firm in the businesses of biofuel and biochemical production, oilseed processing, [...]
A Vietnamese company, Z38 Company, which is a member of Vietnamese Business Association in Cambodia, invested its total capital of US$3 million in constructing the first Vietnamese supermarket in the Kingdom of Cambodia. The Vietnamese supermarket will open on December 29, located on 3,300 square meters, along Monivong Blvd in Phnom Penh. The supermarket will [...]
Presently, Cambodian farmers still keep utilizing a high amount of chemicals in crops and food supply. Seang Huy, executive director of the Cambodian Chemical Association, told VOA Khmer that the chemical exposure can be dangerous, so bother consumers and producers must pay more attention to the problem. She added that “some banned agricultural chemicals are [...]
The Ministry of Planning’s the National Institute of Statistics released the figure of consumer price index by showing that consumer price rose nearly 2 percent in September of this year, compared to the same period of last year. There is sample of 259 items observed mainly in five markets in Phnom Penh. The CPI’s figure [...]
In order to protect of the depreciation of value of Cambodia’s currency and stabilize the Cambodia’s macroeconomics, the National Bank of Cambodia has tried to raise the value of Riel by purchasing a further US$5 million. The total of amount of dollars the central bank purchased reached US$48 million for the year. Since mid-April, Cambodia’s [...]
In order to expand a loading capacity, second terminal of Phnom Penh Port will be expanded within next two years located about 25 kilometers east of Phnom Penh Capital. The second terminal will give a loading capacity of 300,000 TEU containers per year, a dramatic increase from the current limit of 60,000 to 80,000 TEUs [...]
MobilityOne, which is Malaysian-based e-commerce Company, is looking online business in Cambodia by linking between banks and telecommunications. It is hopeful to launch an online mobile-banking, top-up and bill-payment system, accessible on the internet, mobile phones and ATMs within 2 to 3 months. Prakash Rao, Cambodia business development manager, was quoted by the Post as [...]