Business and Market
NagaWorld Records Impressive Q2-2023 US$ 83M Profit, Surge of 57%
Hong Kong-based NagaCorp proudly reports NagaWorld’s soaring success in Cambodia, as the net profit for the second quarter of 2023 surged by an impressive 57.4%, reaching a remarkable US$83 million. The significant increase in profit can be attributed to the resurgence of tourism in Cambodia from ASEAN countries and the gradual return of business travelers […]
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Bentley Systems Announces Allen Li has Joined as General Manager, China
EXTON, Pa. – June 6, 2023 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that Allen Li has been appointed to the new role of General Manager, China, reporting to Chief Revenue Officer Brock Ballard. Allen Li has had a long executive career at enterprise software leader SAP, including as […]
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Realestate.com.kh Home & Lifestyle: Cambodia’s Biggest Property EXPO
Realestate.com.kh is bringing back its massively popular Home & Lifestyle EXPO 2023. The event which is just one month away will be happening on the weekend of August 12 & 13, at Koh Pich Exhibition Center. The Home & Lifestyle EXPO is part of Realestate.com.kh’s annual events, offering attendees the opportunity to secure the best […]
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Mid-2023 Update: Cambodia’s Retail Sector Saw A Slight Decline, But New Strategy Emerged
Amidst a changing retail landscape, the first half of 2023 showcased a slowdown in new retail completions, following a wave of launches and developments in 2022. As of mid-year, over 39,000 sqm of new retail space was added, representing a 6% increase in total supply over the span of 6 months. However, the retail sector […]
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Cambodia’s Iron and Steel Imports Surge to $192 Million in H1 2023, Jump 3.4 %
Cambodia’s imports of iron and steel reached an impressive $192 million in the first half of 2023, marking a significant 3.4% increase compared to the same period last year. These two essential commodities have secured their place among the top 20 imported goods, as stated in the General Department of Customs and Excise report released […]
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Cambodia Securities Exchange Sees Growing Investor Interest: 20 Companies Invest $330 Million
The Cambodia Securities Exchange (CSX) continues to gain momentum as the number of listed companies on the IPO reaches an impressive milestone of 20, with a cumulative capital investment of US$330 million. HE Hong So Hour, the Government delegate overseeing the Cambodia Securities Exchange Company, made this announcement during the official registration ceremony of Meng […]
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7-Eleven Sets Ambitious Plan to Expand with 40 New Branches in Cambodia by the End of 2023
Leading convenience store chain, 7-Eleven, operated by CP All, has unveiled an ambitious plan to open 40 new branches in Cambodia by the close of 2023, aiming to reach a milestone of 100 branches in the country. As reported by Thailand’s The Nation on 17th June, this expansion demonstrates 7-Eleven’s commitment to cater to Cambodia’s […]
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Elevating Economic Ties: Cambodia and UAE Forge Comprehensive Economic Partnership Agreement
In a momentous stride towards enhancing economic cooperation and fostering greater investment opportunities, Cambodia and the United Arab Emirates (UAE) have officially signed a Comprehensive Economic Partnership Agreement (CEPA). The signing ceremony, presided over by Samdech Hun Sen, Minister of Cambodia, witnessed the presence of HE Pan Sorasak, Minister of Commerce, and HE Thani Bin […]
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The Gov’t announces the sale of Cambodia’s First Sports Village to Hit the Real Estate Market Post-Paralympic Games
PM Hun Sen has made an exciting announcement regarding the upcoming sale of Cambodia’s inaugural sports village following the conclusion of the highly anticipated SEA Games and Para Games. This revelation was shared during the momentous groundbreaking ceremonies for the Phnom Penh-Bavet Expressway and the bridge spanning the majestic Mekong River on June 7, 2023. […]
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Cambodia Securities Exchange Flourishes with Nine Companies Accumulating US$1.8 Billion in Capital
As of the conclusion of the first quarter of 2023, the Cambodia Securities Exchange (CSX) proudly showcases a robust lineup of nine companies, collectively boasting an impressive capitalization of 7.61 trillion riels (equivalent to US$1.88 billion). These figures are derived from the recently published securities trading data bulletin for the first quarter of 2023, highlighting […]
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