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Papa John’s set to open 15 stores in Kingdom over next three years

US-based pizza chain Papa John’s International Inc on April 7 unveiled plans to open 15 new outlets in the Kingdom over the next three years. Papa John’s opened its flagship store in Phnom Penh late last month, the company said in a press release. ...

Thou Vireak
https://www.phnompenhpost.com/business/papa-johns-set-open-15-stores-kingdom-over-next-three-years

Tesla ‘yet to request’ business licence

South African-born US entrepreneur Elon Musk’s Tesla Inc has not yet requested a business licence with the Ministry of Commerce as of April 6, ministry spokesman Pen Sovicheat told The Post. ...

May Kunmakara
https://www.phnompenhpost.com/business/tesla-yet-request-business-licence

Mondulkiri airport project still on track

An $80 million domestic airport project in Mondulkiri province is shaping up to be a main driver for ecotourism development in the Kingdom’s northeast corridor. ...

Thou Vireak
https://www.phnompenhpost.com/business/mondulkiri-airport-project-still-track

Cambodia ‘among lowest in the world for tech startups’

Cambodia ranked number 176 in the world in an index measuring the best places in the world to launch a tech startup, according to the first Draper Innovation Index (DII). ...

Husain Haider
https://www.khmertimeskh.com/50832303/cambodia-among-lowest-in-the-world-for-tech-startups/

Haystack Asia Acquires KhmerDev

Investment capital firm Haystack Asia has acquired KhmerDev, an information technology company which was the first French-speaking IT service provider in Cambodia when it launched in 2001. ...

Brian Badzmierowski
https://www.khmertimeskh.com/50832226/haystack-asia-acquires-khmerdev/

SINET, Philippine firm team up for telecoms solutions

The Philippines’ PLDT Global Corp (PGC) unveiled a new partnership with Cambodia’s SINET, a registered trademark of SI Group Co Ltd, to broaden its regional footprint and supply technology solutions that help the local telecoms service provider’s customers stream more seamlessly. ...

Thou Vireak
https://www.phnompenhpost.com/business/sinet-philippine-firm-team-telecoms-solutions

Locally-made electric auto-rickshaw on sale by end of 2021, maker says

Onion Mobility Co Ltd has unveiled a bunch of prototypes of its upcoming Onion T1 electric auto-rickshaw, to be produced domestically and put on sale within the year. The prototypes were flown in last week from South Korea and showcased publicly on March 28. ...

Hin Pisei
https://www.phnompenhpost.com/business/locally-made-electric-auto-rickshaw-sale-end-2021-maker-says

CDC greenlights five projects worth $1.3B

The government on March 26 approved five new investment projects worth about $1.3 billion and expected to absorb 2,250 workers, even amid a dramatic escalation in the ASEAN member’s fight against the spread of the Covid-19 disease. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-greenlights-five-projects-worth-13b

CDC approves another solar power plant project in Svay Rieng province

The Council for the Development of Cambodia (CDC) has recently approved a 20-megawatt solar power plant project in Monorom commune, Svay Teap district, Svay Rieng province. ...

Nika/AKP
https://www.khmertimeskh.com/50828698/cdc-approves-another-solar-power-plant-project-in-svay-rieng-province/

60MW solar station in Battambang hooked to grid

A 60MW solar power station in northern Battambang province was commissioned and connected to the national grid last week. The solar farm is located in southwestern Thma Koul district’s Anlong Run commune and is invested by Shenzhen-listed Risen Energy Co Ltd. ...

Thou Vireak
https://www.phnompenhpost.com/business/60mw-solar-station-battambang-hooked-grid

Worldbridge, Singapore’s Union Gas set to form joint venture, supply LPG in Kingdom

Singapore-listed Union Gas Holdings Ltd has signed a non-binding letter of intent (LoI) with Worldbridge Industrial Developments Co Ltd (WBID) to form a joint venture company (JVCo) to supply and distribute liquefied petroleum gas (LPG) in the Kingdom. ...

Thou Vireak
https://www.phnompenhpost.com/business/worldbridge-singapores-union-gas-set-form-joint-venture-supply-lpg-kingdom

CDC approves eight projects so far in March

Cambodia approved eight investment projects worth over $69 million in the first three weeks of this month that are expected to deliver 5,249 jobs, according to a report from the Council for the Development of Cambodia (CDC). ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-approves-eight-projects-so-far-march

Kampong Speu could get cement plant

Conch KT Cement (Phnom Penh) Co Ltd plans to build a $263 million cement factory in Kampong Speu province with a two-million-tonne-a-year capacity, according to provincial governor Vei Samnang on March 18. ...

Hin Pisei
https://www.phnompenhpost.com/business/kampong-speu-could-get-cement-plant

KiwiPay plan merger with Meal Temple

Hong-Kong-based fintech firm Kiwi Pay Group Co Ltd (KiwiPay) announced a strategic merger with Cambodian food and grocery delivery start-up Meal Temple Group Pty Ltd to enter more developing markets with a new app called KiwiGo. ...

Thou Vireak
https://www.phnompenhpost.com/business/kiwipay-plan-merger-meal-temple

CLV PMs talk trade, investment

Cambodia, Laos and Vietnam (CLV) on March 10 reaffirmed their commitment to boost border trade and investment with a specific focus on the construction of border markets and to improve customs clearance procedures. ...

Thou Vireak
https://www.phnompenhpost.com/business/clv-pms-talk-trade-investment

Firm eyes Svay Rieng to set up tyre factory

According to a feasibility study revealed in a report published by Tyrepress Media, the tire-maker is interested in building a facility within Svay Rieng province’s QiLu (Cambodia) Special Economic Zone that is capable of making five million semi-steel radials a year. ...

Thou Vireak
https://www.phnompenhpost.com/business/firm-eyes-svay-rieng-set-tyre-factory

Pilot project to produce plastic-free bowls and plates

A group of environment lovers are launching a pilot project to use the leaves from areca trees in the production of bowls and plates. The use of the leaves to this purpose has advantages in bio-degradability and the potential reduction of the use of plastics ...

Chea Vanyuth
https://www.khmertimeskh.com/50821939/pilot-project-to-produce-plastic-free-bowls-and-plates/

FTAs, FDIs and tourism essential for Cambodia’s economic bounce back

Although vaccines have begun to be administered in the Kingdom, a resurgence in cases and talk of new virus variants continues to fuel economic uncertainty. Tourist numbers dropped by over 70 percent between January and September of 2020 year-on-year.  ...

Tom Starkey
https://www.khmertimeskh.com/50822760/ftas-fdis-and-tourism-essential-for-cambodias-economic-bounce-back/

Czech firm ramps up pepper orders

Czech-Cambodian firm EU Land and Pepper Investment Co Ltd has vowed to buy 50 per cent of all produce cultivated by its contracted smallholder growers this year to ramp up exports, with the European market in its sights. ...

May Kunmakara
https://www.phnompenhpost.com/business/czech-firm-ramps-pepper-orders

Dara Sakor International Airport ‘to open mid-2021’

A senior official at the State Secretariat of Civil Aviation (SSCA) said the construction of Dara Sakor International Airport in Koh Kong province is on schedule and plans are for flight operations to begin in mid-2021. ...

Sok Chan
https://www.khmertimeskh.com/50820010/dara-sakor-international-airport-to-open-mid-2021/

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