Coporate News

Chinese firm to build tyre factory in Cambodia

China's General Science Technology is to build a $200mn plant in Cambodia the capacity to produce 6 million passenger car tyres annually, according to the firm announcement. To be located in Sihanoukville Special Economic Zone, the plant is expected to take 15 months to complete and is set for operation in Sep 2022. Once fully operational, the plant will create...

09th June 2021

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Haystack Asia acquires 25% stake in Camboticket

Haystack Asia Capital Limited has acquired 25% stake in Camboticket, the foremost online booking platform for buses, ferries and taxis in Cambodia, Laos, Thailand and Vietnam. Camboticket was founded in 2014 with a singular mission to revolutionize Cambodia's inefficient counter booking system and bring its booming travel into the new age of online booking...

07th June 2021

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Foodpanda to expand to K. Speu province

Food delivery giant Foodpanda has announced its plan to expand into Kampong Speu province, which will mark the 11th Cambodian province in which the company has a presence. Foodpanda is one of the most successful and popular food delivery companies...

01st June 2021

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Khmer Fresh Milk to begin full production at its diary farm in Takeo

Khmer Fresh Milk Co, Ltd will begin full production at its new diary farm in Takeo province in late 2020, aiming to contribute to supplying domestic market and reducing dependence on import of milk from abroad. ...

01st September 2020

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KrisEnergy getting closer to extract first drop of oil in Cambodia

KrisEnergy Ltd, an independent oil and gas company, announced that construction of the minimum facilities wellhead platform for the Apsara oil development offshore Cambodia Block A is completed and the topsides and jacket are being transported to Cambodian waters in the Gulf of Thailand for installation. ...

27th August 2020

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PPWSA's revenue increases 31% in 2Q20

CSX-listed Phnom Penh Water Supply Authority (PPWSA) collected a total of $18.35mn in revenue in the second quarter of the year, an increase of 31.4% compared to the same period last year, according to a report filed on the CSX...

24th August 2020

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GTI's revenue falls 15% in 1Q20 due to COVID-19

Listed garment manufacturer Grand Twins International (Cambodia) Plc (GTI) reported a sharp decline in revenue in 1Q20, citing COVID-19-induced disruptions to their exports and supply chain....

14th August 2020

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PESTECH lists its shares on CSX

Power Transmission provider PESTECH (Cambodia) Plc successfuly listed its on the CSX on Wednesday, becoming the seventh company to do so. For its initial public offering (IPO), the company issued 3.9 miilion new shares or 5.26% of its enlarged total shares at the price of $0.76 per share....

13th August 2020

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Click Payment raises $3.7mn seed funding

Phnom Penh-based fintech start-up Click Payment (Cambodia) Plc announced on Wednesday that it raised $3.7mn in round-one seed funding from global partners and investors. The fund was led by Openway and Poems Pte Ltd, the investment holding company of Singapore financial house Phillip Capital Pte Ltd, which has more than $35bn under management....

06th August 2020

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Cambodia Post resumes delivery service

State-owned mail service provider Cambodia Post on Monday resumed limited express delivery after a nearly five-month long COVID-19 hiatus. On March 12, Cambodia Post suspended all international shipments during the intensifying crisis....

05th August 2020