PRASAC posts $49M Q1’22 net profit
Harrison WhiteCambodia’s largest microfinance institution has posted an after-tax-profit of $49.3 million in the first quarter of 2022 an increase…
Companies
LOLC Cambodia posts $14M Q1’22 net profit
Harrison WhiteMicrofinance provider LOLC Cambodia has posted an after-tax profit of $13.9 million an increase of almost 20% from $11.6…
UK-based property service firm Chestertons launch first office in Cambodia
Cambodia Investment ReviewChestertons, a global real estate agency based in the United Kingdom, has officially launched its office in Cambodia.…
Food delivery app Muuve to cease operations after acquirement
Harrison WhiteThe Phnom Penh-based online food-delivery application Muuve will cease operations after being acquired by a rival company.In an announcement…
Acleda Bank posts $35M in Q1’22 net profit
Harrison WhiteACLEDA Bank has posted an after-tax-profit of $35.36 million in the first quarter of 2022, a decrease of 19.81%…
Acleda Bank announces annual dividend of KHR 548 a share for 2021
Harrison WhiteCambodia’s only publicly traded commercial bank Acleda Bank (CSX:ABC) has announced it will distribute 35% of last years $166.67…
$14M claim against Phnom Penh Special Economic Zone withdrawn from Singapore arbitration
Harrison WhiteA two-year long arbitration case brought against the publicly listed Phnom Penh SEZ Co. Plc (CSX:PPSP) by energy provider…
JSLand earns $24K in after-tax profit for 2021
Harrison WhiteCSX-listed condominium developer JSLand (CSX:JLS) has announced an after tax profit of $24,816 down 39% from $49,844 in 2020…
First TRIBE Hotel set to open in Phnom Penh as part of Asian expansion
Gareth JohnsonTrendy hotel chain tribe is set to open its first branch in Cambodia, the TRIBE Hotel Phnom Penh Post…
Forte enters into investment partnership with BlueOrchard to develop Cambodia’s agri-insurance sector
Cambodia Investment ReviewThe InsuResilience Investment Fund (IIF) was set up on behalf of the German government by KfW to contribute…