Australia and New Zealand Banking Group (ANZ) announced yesterday that it had reached an agreement to sell its 55 percent stake in Cambodian joint venture ANZ Royal Bank to J Trust, a Japanese holding company listed on the Tokyo Stock
The Cambodian tourism sector must be prepared to welcome a growing number of Chinese tourists, as they lead the globe in the number of outbound travellers and were responsible for the most visitors to the Kingdom last year, the coun
The loan portfolio and deposit amount in Cambodia’s microfinance sector has seen noticeable growth this year, while the number of borrowers has stayed constant and bad loan ratio has been declining slightly, according to data from t
The Ministry of Public Works and Transportation announced on Thursday that 16,287 passengers have so far travelled to and from Phnom Penh and Takhmao town on the new public ferry service, launched in April.
Japan's largest bank acquired more than half of ANZ’s shares in Cambodia on Thursday, according to a statement from Kith Meng’s Royal Group.
The Cambodian Confederation of Unions (CCU) on Wednesday issued a statement expressing its concern that the upcoming election will impact garment workers, and that if the political climate isn’t improved they could face dire consequ
Nagacorp, which operates the NagaWorld casino and hotel in Phnom Penh, has become the first Cambodian issuer of offshore bonds, raising $300 million to endorse further growth of its gaming business and to refurbish hotel rooms, acco
While geographic indication (GI) status Kampot pepper is commanding a good market price, the rest of the Kingdom’s pepper farmers are experiencing falling rates due to the lack of a robust market, according to the Memot Pepper assoc
Singapore-based pizza chain Pezzo Pizza will open its first store in Cambodia on May 30, becoming the Kingdom’s first restaurant to sell pizza by the slice, which the company’s executive expects to be popular with price-conscious co
The outlook of local farmer’s remained dismal even as the price of pigs doubled during the second quarter, with many of them pointing to a lack of government regulation as a factor that is sowing market unreliability.
The Ministry of Public Works and Transport (MPWT) expects to begin service on a 107-kilometre train route from Battambang to Pursat on May 29, saying on their Facebook page that officials are actively working on restoring the track.