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The Cambodian Government has revised its economic growth expectation for 2026, dropping it from an earlier prediction of 5% to a more conservative 4.2%. Prime Minister Hun Manet, in the recently published medium-term fiscal framework for 2027-2029, cited a…
In a bid to alleviate the repercussions of escalating global fuel costs resulting from the Middle East conflict, Cambodia has chosen to diminish import duties on electric vehicles (EVs), electric stoves, and solar-powered appliances. Curtailing Import Duties…
Cambodia has been increasing its fuel imports from Singapore and Malaysia in a bid to compensate for supply shortages caused by ongoing conflict in the Middle East, which continues to hamper global fuel supply chains. The Minister of Mines and Energy for…
The Ministry of Commerce in Cambodia has sent out a public appeal to all citizens and fuel station owners to desist from hoarding fuel in an attempt to maintain a stable supply chain throughout the country. The public notice, issued on the 6th of March,…
The Hong Kong Office of the Communications Authority (OFCA) and the Telecommunication Regulator of Cambodia (TRC) have agreed to a memorandum of understanding (MoU) aimed at bolstering their collaborative efforts in the fight against scam calls, scam…
Cambodia is preparing to introduce 5G mobile services as of January 1, 2026, as reported by the Ministry of Post and Telecommunications. The three major mobile operators in the region, Cellcard (CamGSM), Metfone (Viettel Cambodia), and Smart (Smart Axiata),…
Following allegations of operating a multinational scam and money laundering network, Prince Bank owner Chen Zhi has elicited panic among customers in Cambodia. There has been a significant surge in account holders rushing to withdraw their funds from the…
Amid escalating tensions at the Thai-Cambodian border, leading Thai telecom providers AIS and Thaicom are stepping up to bolster support for security forces by enhancing communication networks in critical areas. Aiming to improve border control measures, the…
Phnom Penh is rapidly emerging as a hotspot for the discerning investor, boasting impressive rental yields of 8% to 10%. In a telling shift, luxury homebuyers across Asia are increasingly looking closer to home, with a notable uptick in investments directed…
Cambodia’s banking sector faces a challenging landscape as non-performing loans (NPLs) are projected to surge to between 9.5% and 10% of outstanding loans by 2026. S&P Global Ratings highlights a sluggish recovery in tourism and ongoing pressures in the real…
PTT Oil and Retail Business (OR), the lifestyle and retail subsidiary of Thailand’s PTT Group, has announced a record-breaking financial performance for the first quarter of this year. This success is largely attributable to its leading brand Cafe Amazon,…
Luk Fook sales in the third quarter fell 10 per cent on a same-store basis. “Recent market sentiment has been adversely impacted by the US-China trade war, the depreciation of Renminbi, and downward pressure in the stock and property markets,” said chairman…
China’s General Administration of Customs has recently opened doors for fresh durian shipments from Cambodia that comply with food safety standards, a significant development following the signing of a phytosanitary protocol between Cambodia’s Ministry of…
US pizza chain Little Caesars will open its first Cambodian restaurant on Koh Pich this November 10, marking the 29th market the company has entered and part of a planned expansion into Southeast Asia. Located on Koh Pich, the new restaurant will create local…
AirAsia’s Cambodian unit will commence operations on 2 May, as the low-cost operator looks to drive tourism demand into the country. Launching with a network of three domestic points, AirAsia Cambodia will link its Phnom Penh hub with Siem Reap and…
A motorbike dealer has just imported a batch of the latest model of the Honda Dream, an iconic vehicle that was all the craze a few decades ago. Previously the bike used to sell for VND100 million (US$3,970), while the new one is marked at $2,500 in Cambodia,…
