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Cambodians are paying as much as double the retail value of Apple’s newest iPhone in order to get ahold of the coveted device ahead of their official launch in the country.
The European Chamber of Commerce in Cambodia on Tuesday launched a $3.8 million, European Union-funded program to promote Cambodia as an investment destination.
The Phnom Penh Municipal Court Sunday questioned three men who were arrested last week in connection with the seizure of a stockpile of fake government documents and rubber stamps at a house in Daun Penh district.
A senior official at local conglomerate Royal Group said Wednesday the reported $1 billion buyback of Philippine Airlines (PAL) by the Philippines’ second-richest man this week would have “no effect” on Cambodia Airlines, a joint venture between the companies.
Century 21, the U.S. real estate giant, will today officially launch its operations in Cambodia, with local property firm VTRUST having purchased the first local franchise, its CEO said Wednesday.
By the year 2020, more than 1.5 million Cambodians will open new credit accounts, causing the amount of unpaid loans to surpass $14 billion, according to a report released Tuesday by Credit Bureau Cambodia.
Cambodia Bayon Airlines, China’s first airline established overseas, marked its official opening in Phnom Penh on Thursday, with officials touting the venture’s potential to advance relations between the two countries.
Google on Thursday launched its Street View image-collecting project for Phnom Penh, Siem Reap and more than 10 other provinces in Cambodia, allowing users to navigate 360-degree images of streets, markets and landmarks in the cities and provinces.
The Phnom Penh Municipal Court found two former Canadia Bank managers and three accomplices guilty Monday for their roles in one of the banking sector’s largest-ever fraud cases, with the stiffest penalty given to the confessed ringleader of the scheme, who was sentenced to five years in prison.
The Chinese government on Tuesday donated $3 million to Cambodia to set up a closed-circuit television surveillance system across Phnom Penh to help cut down on crime and traffic accidents, according to the national police.
NagaCorp Ltd., the owner of NagaWorld Hotel and Casino in Phnom Penh, increased its revenue for the January to June period by 26 percent compared to the same period last year, according to a filing on the Hong Kong stock exchange.
Apple Inc. on Friday will officially launch the iPhone in Cambodia through its authorized reseller, iOne, giving customers—long used to gray market iPhones— access to Apple’s warranty.
The U.S. Embassy on Tuesday issued a security message warning its citizens of an increase in violent attacks against Americans on Ochheuteal Beach in Sihanoukville and advising them to avoid certain establishments at night.
The $100 million Sokha Hotel and Residence on Phnom Penh’s Chroy Changva peninsula will be ready to receive its first guest by September, and recruitment is under way for more than 1,000 employees, the hotel’s owner said Monday.
A controversial sugar plantation owned by Senator Ly Yong Phat has paid off the last of its debt to ANZ Royal Bank amid pressure from the bank to help hundreds of families in Kompong Speu province who accuse the plantation of stealing their land.
The country’s largest shopping mall officially opened Monday in a ceremony presided over by Prime Minister Hun Sen, with the Japanese investors behind the $200-million Aeon Mall saying that another three malls in Cambodia were in the pipeline.
Phnom Penh City Hall plans to expand a section of Sothearos Boulevard outside a main entrance to the new Aeon Mall to help ease traffic congestion when the four-floor shopping center officially opens on Monday, officials said Wednesday.
The share price of Grand Twins International, a manufacturer for U.S. athletic apparel brands, on Tuesday sank for the fourth straight day since it was listed on the bourse last week, signaling that its initial listing price was too high, industry analysts said.
Executives from mobile operators qb and Smart on Monday met with officials from the Telecommunication Regulator of Cambodia in an effort to solve the firms’ ongoing dispute, but no agreement was reached, according to sources with direct knowledge of the meeting.
Aeon Mall opened its doors on Friday for an invite-only preview to its four-story shopping center in Phnom Penh, which cost an estimated $205 million.