Tiger® Beer has become the Official Beer Partner of Manchester United, one of the most popular and successful sports teams in the world. The iconic Asian brewer aims to enhance experiences and deepen engagement with United fans globally. The partnership launches at an exciting moment in Tiger® Beer’s bold brand evolution, heralding a new era for the company and its football-loving consumers. In its initial stage, the partnership will focus on connecting with the large Manchester United supporter base in Asia, where Tiger is one of the premium beers in Asia among consumers, providing an unparalleled platform to activate the…
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LOLC Cambodia, one of the Kingdom’s leading microfinance institutions, is proud to announce the results of its financial literacy training and community outreach initiatives for 2024. As part of the company’s continued mission to support sustainable economic growth and financial empowerment, LOLC has made impressive progress this year. From January to September 2024 alone, the institution conducted 261 training sessions, benefitting 5,151 participants, 3,763 of them women. These efforts reflect LOLC’s dedication to financial inclusion and community development as it moves forward into the next phase of its social responsibility initiatives. Beyond face-to-face training, LOLC also leverages its social media…
Recently, a new land deal in Cambodia’s Dara Sakor region has attracted a lot of attention from the market and investors. It has been reported that 200 hectares of land will be sold within the coming year. Behind the high interest from investors is a new upgrade programme for the Dara Sakor-Stardream Lake area, an important project for economic investment between China and Cambodia. According to the Cambodian Development Council (CDC), in August 2024, Cambodia has approved 53 investment projects with an agreed investment of $1.2 billion. Among them, Chinese investment ranked first, accounting for 84.7% of the investment value.…
ABA Bank, Cambodia’s largest commercial bank, has received regulatory approval for an additional capital injection of US$ 220 million from its shareholder, National Bank of Canada. This new infusion brings the Bank’s total shareholder’s equity to US$2.2 billion, solidifying its position as the leading player in the Cambodia’s dynamic banking sector. The shareholders’ decision to inject this capital is a powerful endorsement to ABA Bank’s growth trajectory and unwavering commitment to Cambodia’s economic development. Notably, the shareholders have never repatriated any profit generated by ABA. Instead, they have continuously invested it back to the ABA ecosystem, focusing on technological advancements…