Infrastructure

Booming middle class fueling mall construction

The rising incomes of Cambodians and the growing middle class as the Kingdom enters lower-middle income status is leading to a new trend in consumer spending, which in turn is fuelling a boom in the construction of malls to cater to changing lifestyles and the ...

Chea Vannak
http://www.khmertimeskh.com/news/23337/booming-middle-class-fueling-mall-construction/

Russian firm exploring potential rail deal

A visiting representative of JSC Russian Railways, the state-run firm that manages rail infrastructure and operates passenger and freight services in Russia, met executives of Cambodia’s railway operator yesterday to discuss possible cooperation between the two companies. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/russian-firm-exploring-potential-rail-deal

Companies making gains in trademark protection

The Commerce Ministry has received more than 5,000 applications from companies to register their trademark in the first three months of this year – the same as for all of last year – a senior ministry official said yesterday. ...

Sok Chan
http://www.khmertimeskh.com/news/23231/companies-making-gains-in-trademark-protection/

Royal buys out one TV to focus on distribution

Cambodian conglomerate Royal Group has acquired the remaining shareholding of One TV from Russian-owned General Satellite Group in a move to boost the distribution of Cambodia’s niche pay for digital terrestrial television (DTT) market. ...

Kali Kotoski
http://www.phnompenhpost.com/business/royal-buys-out-one-tv-focus-distribution

Amateur motorsport cup promotes road safety

Phnom Penh’s hell-raising street racers will enjoy a structured outlet for their love of motorbikes at a new amateur racing cup on Koh Pich island this weekend, a competition also meant to promote compliance with the new traffic law. ...

Ben Paviour
https://www.cambodiadaily.com/news/amateur-motorsport-cup-promotes-road-safety-110452/

Gold, Riel not affected by dollar fluctuations

With global oil prices down and a devalued United States dollar, the price of gold has remained stable and has risen slightly while trade at gold shops has been steady, a gold shop owner said yesterday. ...

Chea Vannak
http://www.khmertimeskh.com/news/23066/gold--riel-not-affected-by-dollar-fluctuations/

Vehicle sales increasing, both new and old

The market for new cars in steadily increasing in the Kingdom, with more dealers and representatives setting up outlets, while the sale of used vehicles is also on the rise. ...

Sok Chan
http://www.khmertimeskh.com/news/23065/vehicle-sales-increasing--both-new-and-old/

Towers to improve Angkor Wat's cell coverage, discreetly

Visitors to Cambodia’s premiere tourist destination, Angkor Wat, can expect better mobile network coverage come June, after Apsara Authority signed an agreement with local telecom services firm Camtowerlink Communications to install six camouflaged mobile towers across the vast temple site. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/towers-improve-angkor-wats-cell-coverage-discreetly

Evictions signal coastal development dilemma

With the threat of eviction hanging over businesses on Sihanoukville’s O’Chheuteal and O’Tres beaches, land rights advocates congregated in Phnom Penh this week to give voice to thousands of families locked in land disputes with powerful firms turning swaths of coastline into tourism destinations. ...

Sek Odom and George Wright
https://www.cambodiadaily.com/news/evictions-signal-coastal-development-dilemma-110279/

Japan gives $181 million in loan and aid

Japan agreed to provide Cambodia with a $181 million loan yesterday to help the renovation of National Road 5 linking Phnom Penh to Poipet, to help expand the Japanese Bridge and to assist in demining operations throughout the Kingdom. ...

Ros Chanveasna
http://www.khmertimeskh.com/news/23025/japan-gives--181-million-in-loan-and-aid/

Henan in lead for airport expressway

In a letter to Prime Minister Hun Sen, government ministers have recommended a Chinese-owned company take the reins of the multi-million dollar Phnom Penh airport expressway, amid ongoing frustrations from residents who may be impacted by the development.   ...

Pech Sotheary
http://www.phnompenhpost.com/national/henan-lead-airport-expressway

Beachfront evictions to begin in Sihanoukville next week

The eviction of businesses along Sihanoukville’s popular O’Chheuteal Beach will begin as early as Monday, after the provincial governor returns from a trip abroad, an official said on Thursday. ...

Sek Odom
https://www.cambodiadaily.com/news/beachfront_evictions_to_begin-110076/

As rail plan delayed, homeless take shelter in Battambang station warehouse

Many Battambang residents see the squatter camp at the train depot’s abandoned warehouse as a den of criminals and drug addicts. Fourty-four-year-old Srey Oun sees it as her home. “Many of the people who live here are unemployed,” she said, “but I am always scavenging ...

Ven Rathavong and Jonathan Cox
http://www.khmertimeskh.com/news/22935/as-rail-plan-delayed--homeless-take-shelter-in-battambang-station-warehouse/

Mobile operators given new deadline to register SIM cards

Telecom companies have been given another extension to register all the SIM cards belonging to their subscribers after the three main mobile operators requested more time. ...

May Kunmakara
http://www.khmertimeskh.com/news/22861/mobile-operators-given-new-deadline-to-register-sim-cards/

Cargo giants call on Sihanoukville port

As Cambodia’s sole deep-sea port in Sihanoukville looks to increase its presence on global shipping routes, the decision by two major Chinese shipping companies six months ago to call at the port has seen mixed results, with one firm already dropping out due to low ...

Sor Chandara
http://www.phnompenhpost.com/business/cargo-giants-call-sihanoukville-port

‘Cyber PM’ calls for swifter wi-fi at airports

Prime Minister Hun Sen, who has recently found an outlet for his charming side in cyber space, called for swifter wi-fi at Phnom Penh International Airport yesterday while inaugurating the expansion of its terminal. ...

Sok Chan
http://www.khmertimeskh.com/news/22878/---cyber-pm----calls-for-swifter-wi-fi-at-airports/

Preah Sihanouk officials meet over beach compensation plan

Preah Sihanouk provincial officials met on Monday to discuss an order from the national government to provide compensation for a number of families living and running businesses on O’Chheuteal Beach in Sihanoukville who are facing the threat of eviction. ...

Sek Odom
https://www.cambodiadaily.com/news/preah-sihanouk-officials-meet-over-beach-compensation-plan-109907/

Passenger train to resume operations on April 9

After a 14-year wait, scheduled passenger train services between Phnom Penh and Sihanoukville will resume on April 9, according to a statement issued by Royal Railways on Monday. ...

Ben Paviour
https://www.cambodiadaily.com/news/passenger-train-to-resume-operations-on-april-9-109912/

ASEAN FTA with Hong Kong, China on track

Trade between Cambodia and Hong Kong is rising fast, expanding from about $1 billion in 2014 to $1.3 billion last year year, Veng Sothy, an Undersecretary of State at the Commerce Ministry, told a meeting in Siem Reap Friday. ...

Sok Chan
http://www.khmertimeskh.com/news/22681/asean-fta-with-hong-kong--china-on-track/

As deadline passes, O’tres beach businesses fight on

Although an eviction deadline passed on Sunday for guesthouses, restaurants and bars along Sihanoukville’s popular O’Tres Beach, less than half of the businesses had left as of the evening, with others seeking to negotiate a deal with authorities that would allow them to stay. ...

Kang Sothear and Hannah Hawkins
https://www.cambodiadaily.com/news/as-deadline-passes-beach-businesses-fight-on-109828/

Village-based internet pilot project launched in Kampong Cham

A community-based Internet provider called NerveNet has been launched in Kampong Cham province’s Chheng Prey district, about 100 kilometers east of Phnom Penh. ...

Chea Vannak
http://www.khmertimeskh.com/news/22616/village-based-internet-pilot-project-launched-in-kampong-cham/

Strikes, increased wages and electricity costs worry Japanese investors

Illegal strikes, the minimum wage and high electricity costs were the subjects discussed during the 13th annual meeting between Cambodia and Japan last week, according to the Council for Development of Cambodia (CDC). ...

Sok Chan
http://www.khmertimeskh.com/news/22618/strikes--increased-wages-and-electricity-costs-worry-japanese-investors/

Knock-offs find a new home

The province of Banteay Meanchey will build a new market for vendors displaced from the Long Keur market on the Thai side of the Poipet border, a provincial official said yesterday, adding that vendors will be allowed to continue selling their counterfeit goods at the ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/knock-offs-find-new-home

Germany gives $45m grant for development

Germany has given a grant to Cambodia worth $45.7 million to promote economic and social development in three ways. Three agreements were signed yesterday by Keat Chhon, first vice-chairman of the Council for the Development of Cambodia, and Joachim Baron von Marschall, the ambassador of the ...

Sum Manet
http://www.khmertimeskh.com/news/22537/germany-gives--45m-grant-for-development/

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