In Brief: New maybank branch
Thursday, 13 August 2009
Nguon Sovan
Malayan Banking Bhd, better known as Maybank, announced Monday the opening of a fifth branch in Cambodia, located in Chbar Ampov in Meanchey district, Phnom Penh. Jubely Pa, country head of Maybank Cambodia operations, said Tuesday that the new branch is part of the bank's long-term strategy to strengthen its presence in the region and support Cambodia's expanding economy. The Chbar Ampov branch is the third to open in Cambodia this year, following a branch opening on Mao Tse-tung Boulevard in January and another in Siem Reap in June.
In Brief: S'ville port funds
Thursday, 13 August 2009
Cheang Sokha
Thursday, 13 August 2009
Nguon Sovan
Malayan Banking Bhd, better known as Maybank, announced Monday the opening of a fifth branch in Cambodia, located in Chbar Ampov in Meanchey district, Phnom Penh. Jubely Pa, country head of Maybank Cambodia operations, said Tuesday that the new branch is part of the bank's long-term strategy to strengthen its presence in the region and support Cambodia's expanding economy. The Chbar Ampov branch is the third to open in Cambodia this year, following a branch opening on Mao Tse-tung Boulevard in January and another in Siem Reap in June.
In Brief: S'ville port funds
Thursday, 13 August 2009
Cheang Sokha
Japan is expected today to sign two agreements worth more than US$80 million in development funding, including a $72 million loan for two new docks at the Sihanoukville Autonomous Port, Cambodian and Japanese officials said. The docks are expected to enable Cambodia to expand shipping capabilities by allowing larger ships at the facility, they said. Construction on the port is expected to begin in 2011 and be completed by 2014, Lou Kim Chhun, director general of the port, said Tuesday. A separate $10 million aid package will be used to promote economic and social development, the Japanese Embassy said in a statement Monday.
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