Infrastructure

Makro Cambodia, the local arm of international cash-and-carry wholesaler Makro, held a groundbreaking ceremony yesterday for construction of its first outlet in the Kingdom, which is expected to launch operations in December. ...

Having carved its niche in offering residential and commercial elements within its industrial park, Le Urban Eco Park (LUEP) entered into a joint venture with two Singaporean companies last month to further develop its commercial aspect. ...

Cambodian telecom Smart Axiata retained healthy growth in the first quarter, with revenue rising 17 percent year-on-year to 318,000,000 ringgit ($74.5 million), fuelled by data monetisation and effective cost management despite aggressive price competition by other telecommunication players, according to financials released by Malaysian parent ...

Vertiv, formerly known as Emerson Network Power, officially announced its new branding on Wednesday in Cambodia to tap more markets in the country’s fast developing economy.Vertiv is a global provider of infrastructure technologies for vital applications in data centres, communication networks, and commercial and industrial ...

A bridge being constructed over the Mekong River will connect the provinces of Kampong Cham and Tboung Khmum once completed.Nou Vannak, director of the Ministry of Public Works and Transport’s technical department, told Post Property that construction works had recently started, however no official announcement ...

It takes three hours by car to get to the quiet province of Pursat from Phnom Penh, winding westwards along approximately 200 kilometres on National Road 5. Recently, though, the sleepy town has been stirring under some ongoing developments in the form of a combined ...

A bridge being constructed over the Mekong River will connect the provinces of Kampong Cham and Tboung Khmum once completed. ...

Phnom Penh City Hall has said it will hold a public forum within two weeks on plans to develop a road on a disused stretch of railway in Russey Keo district. Locals from six communities have been protesting the development plans for the past few months ...

Cambodia and Thailand are keen to be better connected by cross-border highways to boost bilateral economic growth, said an official in the Thai Embassy yesterday. ...

The Kingdom’s telecom regulator has threatened to strip the operating licence of a local internet service provider (ISP) whose owners appear to have shut down operations and skipped town. ...

Cambodia could add an additional $320 million to the economy over the next 10 years while increasing tax revenue by $24 million if it dropped its tariffs on information and communication technology (ICT), according to new research published yesterday. ...

The slowdown of regional and global economies, especially in China, US dollar appreciation, unfavourable weather and global stock market speculation have plunged rubber prices, the Association for Rubber Development in Cambodia said.   ...

Axiata Group sold a 10 percent stake of its Cambodian subsidiary Smart Axiata to Japanese group Mitsui Co Ltd to form a strategic partnership and further the firm’s activity in the Kingdom, according to a company release on Friday. ...

Villagers in Mondulkiri province have pleaded with local authorities to intervene after a company behind a nearby rubber plantation began charging them 20,000 riel ($5) to use a local road. Security guards at the Tong Min Group property told villagers from Pech Chreada district’s Pou ...

Earlier this month, Makro, a well-known wholesale supermart based in Bangkok, Thailand, began putting up signs on the zinc walls surrounding its sales office in Phnom Penh’s Sen Sok district, advertising its imminent opening at the end of the year. ...

The demand for shopping precincts has risen three percent in this year’s first quarter when compared to the same time last year, a study by Bonna Realty Group has shown. ...

Cambodia-based JC International Airlines plans to expand direct flights to Bangkok’s Don Mueang Airport to tap into the growth of tourists between the neighboring nations after the airline’s launch just two months ago. ...

Royal Group, led by prominent businessmen Kith Meng, signed the agreement with China-based Railway 17th Bureau Group and​​ Sino Great Wall International Engineering​​ at the Belt and Road Forum in Beijing. ...

At the Peace Palace in Phnom Penh on May 5, during an official visit between Cambodian Minister Hor Namhong and Japanese Minister Keiichi Ishii, the Minister of Land, Infrastructure, Transport and the Tourism Minister in charge of the Water Cycle Policy of Japan, an agreement ...

Cambodia is expecting to gain more capital for its infrastructure development projects through its membership in the Sustainable Development Investment Partnership (SDIP), which can sustain long-term economic growth, according to a senior official. ...

Asia’s largest budget airline AirAsia, headquartered in Kuala Lumpur, plans to open a subsidiary company in Cambodia to handle an anticipated increase in the number of passengers travelling to Phnom Penh, Siem Reap and Sihanoukville from Malaysia. ...

Cambodia hopes to leverage its membership in the Sustainable Development Investment Partnership (SDIP) to access much-needed funding for large-scale infrastructure development, state officials have said. ...

Cambodia sits at a crossroads in the Asean region, potentially making it a key part of regional economic development and trade flows, though improved infrastructure and more innovative financing approaches are still needed, infrastructure experts meeting in Phnom Penh said yesterday. ...

Local logistics firm Kerry Worldbridge officially launched its customs bonded warehouse yesterday, allowing firms to import and store materials in the facility without paying duties and taxes provided the final product is re-exported. ...