Pawn shop rise proves a quick fix

Pawn shop rise proves a quick fix

Pawn shops have been on the rise considerably since the licensing started in 2009. Sear Rithy, chairman of Cash U Up, talks about the development of the pawn shop industry over the past five years.
Fri, 27 June 2014
Telecoms warned over ID lapse

Senior government officials yesterday issued a stern warning to the country’s largest mobile operators, claiming they handed out SIM cards to migrant workers returning from Thailand without getting their proper identification.
Thu, 26 June 2014
Strikes spur Target roll-back

American retail giant Target is another major brand scaling back its sourcing from Cambodia in response to garment industry turmoil here, Minister of Commerce Sun Chanthol revealed during a trade mission to the US.
Thu, 26 June 2014
Ten commandments: Gov’t lays out food standards

Makers of food- and beverage-related products are for the first time facing mandatory health regulations, with the unveiling of 10 national standards by the Ministry of Industry and Handicraft.
Wed, 25 June 2014
Wedding business a winning proposal

It’s no secret. Weddings in Cambodia are big, colourful and extravagant affairs. Guests drink and eat to their heart’s content, music draws revellers onto the dance floor and the party lasts for hours.
Wed, 25 June 2014
India’s rice dump may impact local exports

With the Indian government set to inject five million tonnes of rice in to its domestic market, Cambodia’s rice producers fear that any spillover into the global rice trade may impact local exports.
Wed, 25 June 2014
Japanese firm signs agreement with bank

Publicly listed Japanese conglomerate Resona Holdings signed an agreement yesterday with Cambodia Public Bank (Campu) aimed at increasing its customer base in the Kingdom’s banking sector.
Tue, 24 June 2014
Gambling on change

The Cambodian government is drafting a series of changes to the Kingdom’s gaming laws in a bid to draw major players from Macau and the US to the market and potentially create a new tax base from the growing, if currently illegal, o
Tue, 24 June 2014
Questions raised over land sale at lakeside

Developer Shukaku has sold off close to 1.3 hectares of land at the capital’s controversial Boeung Kak lake site to a Singapore-listed HLH Group company, according to a statement from HLH.
Mon, 23 June 2014
South Korean bank buys local MFI

South Korea-based Woori Bank has purchased Cambodian microfinance institution Malis Finance for $4.9 million.