CDC approves $600m in investments
The Council for the Development of Cambodia (CDC) last week approved 11 projects worth nearly $600 million.
Category: Business
Japan Q1 growth revised up to 0.6%
Japan’s economy grew slightly faster than initially thought in the first quarter, due partly to better-than-expected corporate investment.
China exports grow despite US tariffs, but imports slump
China’s exports unexpectedly returned to growth in May despite higher US tariffs.
Big tech firms cut staff’s access to Huawei
A policy of no talks about technical standards with Huawei following US blacklisting.
SmartStart Cycle 3 chooses best 5
SmartStart seeks to help young Cambodian university students launch their own tech startups
G20 admits worsening trade wars pose risk to world economy
Trade tensions pose a risk for the global economy: financial policymakers.
Aviation under pressure over climate change
The airline industry says it is “hellbent” on reducing emissions, with no technology.
PPCBank and IFC team up to help SMEs
An agreement to foster the growth of small businesses in Cambodia.
CRF awaits response from EU
The European Court of Justice has yet to make a pronouncement regarding tariffs imposed on Cambodian Indica rice.
Q&A with venture capital firm Ooctane
Transforming Cambodia into a digital powerhouse: Ooctane.
Barnes & Noble sells to hedge fund Elliott for $475.8 mln
Barnes & Noble says it would be bought by Elliott Management Corp for $475.8 m.
EU states adopt ‘panda bonds’ in Chinese outreach
Hungary, Poland, Portugal and soon Austria are strengthening ties with China.
Nike reaffirms commitment to Cambodia
Nike praises the country’s progress in improving labour conditions.
Hun Sen urges rice farmers to quit chemicals
Prime Minister Hun Sen urges rice farmers to abstain from using chemical fertilizers.
Trump threatens China with more tariffs
A threat with tariffs on “at least” another $300 billion worth of Chinese goods.
Cashless payments booming – Visa report
Visa says Cambodia will see a dramatic increase in cashless transactions.
Cambodia underinvesting in agriculture research, ADB says
The ADB says that Cambodia is underinvesting in agricultural research.
SME cluster law in the works
Industry Ministry is drafting a law to regulate the construction of industrial parks dedicated to small businesses.
China grants 5G licenses for commercial use
China’s Ministry of Information grants 5G licenses for commercial use.
Apple to build first accelerator in China to support developers
Apple plans to establish the first design and development accelerator in China.
Fiat Chrysler slams brakes on Renault merger offer
Fiat Chrysler withdraws its blockbuster proposal to merge with Renault.
Should Big Tech companies fear US antitrust enforcers?
The US gov’t is gearing up to investigate whether big companies compete fairly.
Pioneering silk centre opens
The Khmer Silk Centre, an institution dedicated to research in the silk industry, is launched at the Royal University of Phnom Penh.
Wing, Banhji team up
Wing (Cambodia) Limited Specialised Bank signs an agreement to allow users access to accounting platform Banhji.
Fed’s slipstream boosts stocks
Global stocks gained for a third straight day, bolstered by hopes that the Federal Reserve might cut interest rates this year.
Phnom Penh Railway station set for renovation
A group of European and US investors to spend $5 million to renovate Phnom Penh’s Royal Railway Station.
Local, Chinese travel agencies network at tourism expo
+50 Chinese travel agencies are represented at the Cambodia-China Tourism Expo.
OPPO launches new smartphones in Cambodia
Chinese smartphone giant OPPO launches its Reno series in Cambodia.
Eurocham to hold tax forum in Siem Reap
Eurocham to hold its second annual “Siem Reap Tax Forum” at Sokha Angkor Hotel.
China paper cites drawn-out Korean War talks as reason not to bow to US
Study Times says China’s spirit during talks to end the Korean War are relevant today.
