ROSS DUNKLEY was thinking of quitting journalism when he met Rupert Murdoch, a fellow Australian, on a friend’s yacht off the coast of Rhode Island during the America’s Cup boat race in 1983. He had grown tired of working for other people in a newsroom; he wanted to return to his family roots and become […]
Don’t Sleep on Them: Here are food Tech Startups from Cambodia, Myanmar That you Should know About
November 1, 2019 by
Hailing from the frontier markets of Cambodia and Myanmar, these startups just began to help maximise their countries’ untapped potentials in tech-based food industry When you think of Southeast Asia, would you think of food? Even if you’re not a foodie, these days technology has made food to be more than a necessity; it’s a […]
JC International adds Yangon route
August 15, 2019 by
PHNOM PENH, 7 August 2019: JC International Airlines, a Chinese owned airline operating out of Phnom Penh, Cambodia, will launch a new service to Yangon 15 August. It will mark the first direct flight between Yangon the commercial capital of Myanmar and Phnom Penh capital of Cambodia. The airline also identified on its network chart […]
EU trade threat could make cambodian factories worse for workers: Unions
February 19, 2019 by
The European Union’s move to revoke Cambodia’s duty-free access could force major clothing brands out of the manufacturing hub and worsen conditions for workers, industry experts said. Cambodia has six months to convince its biggest export market that it has arrested a backslide on human rights and democracy. If it fails, the EU will strike […]
Local startup competition won by Myanmar company
April 30, 2018 by
Technology startups gathered in Phnom Penh on Wednesday to pitch their business models and vie for a singular spot in a prestigious regional competition. The Echelon Top 100 Cambodia Qualifiers, hosted by local telecommunications company Smart Axiata and tech media platform e27, was held to shine a spotlight on Cambodia’s tech scene and the competition’s […]
Private equity firm casts net on Mekong region
April 5, 2018 by
A new private equity firm based in Phnom Penh is scouring the Mekong region for opportunities after making its first investment in the parent company of a leading Cambodian online real estate portal. Established in late 2017, Belt Road Capital Management (BRCM) has secured $50 million in committed capital from predominantly Asia-Pacific (APAC) investors and […]
Myanmar inches slightly ahead of Laos in latest graft index
March 5, 2018 by
Myanmar has inched up a few positions to rank 130th in the latest annual index of countries deemed the least corrupt, from 136th in 2016. The country attained a score of 28 in graft watchdog Transparency International’s Corruption Perceptions Index for 2017. This was an incremental improvement compared to its score in 2016 (28) and […]
Private Equity Investors Eye Myanmar’s Digital Economy as Interest Rises
January 24, 2018 by
Investor interest in Southeast Asia’s digital and technology start-ups has been on the rise of late, with private equity firm Belt Road Capital Management (BRCM) injecting A$2.25 million in Digital Classifieds Group (DCG), an online classifieds business, on Thursday. Although based in Australia, DCG has launched online portals in countries such as Cambodia, where it […]
Damco Increases its Footprint to Keep Pace With Growth in Myanmar
December 1, 2017 by
Damco has increased its warehousing capacity in Myanmar with a new 10,000sq metre facility in Yangon. And in Cambodia, the 3PL has moved to a larger head office, in Phnom Penh, having enjoyed double-digit growth there this year. Officially opened last week, the Damco Myanmar Logistics Center will primarily support the sourcing operations of fashion and […]
Cambodian PM asks workers not to demand higher wage hike
October 11, 2017 by
Cambodian Prime Minister Hun Sen has asked garment workers not to demand a higher rise in the minimum wage. As garment workers in many Asian nations get paid lesser, workers should not demand a salary hike that employers may not afford, he told garment workers in Phnom Penh recently. Else factories could move to Myanmar, […]
