Infrastructure

Investors start to see potential returns in Cambodian Startups

Lack of trust from investors has so far limited the growth potential of the growing number of Cambodian technology startups. Five-year old Khmerload, a Cambodian entertainment news website modeled after the American media giant Buzzfeed, has become one of the country’s first local tech startups ...

Sophat Soeung and Neou Vannarin
http://www.voacambodia.com/a/investors-start-to-see-potential-returns-in-cambodian-startups/3804195.html

Ministry, Cambodian journalists strengthen links to China

Information Ministry officials and state-affiliated Cambodian journalists will receive training from and pay visits to their Chinese counterparts under a new agreement signed by the two countries on Monday.  The announcement follows a forum hosted in October by a senior propaganda officer for the Communist ...

Aun Pheap
https://www.cambodiadaily.com/news/ministry-cambodian-journalists-strengthen-links-to-china-127863/

Pestech awarded $100M transmission line contract

Malaysian-owned power infrastructure provider Pestech (Cambodia) Ltd has been awarded a contract to build a 230-kilovolt transmission line valued at $100 million to connect Koh Kong province’s Stung Tatai hydropower dam to Phnom Penh, according to a filing on the Malaysian stock exchange. ...

Hor Kimsay
http://www.phnompenhpost.com/business/pestech-awarded-100m-transmission-line-contract

Uber gears up to enter market

Representatives from global ride-hailing behemoth Uber confirmed the company’s interest in starting operations in Cambodia during a meeting this week with Transportation Minister Sun Chanthol, according to one of the minister’s aides. ...

Matthieu de Gaudemar and Hor Kimsay
http://www.phnompenhpost.com/business/uber-gears-enter-market

Cheap water deal

Prime Minister Hun Sen on Wednesday urged the state-owned Phnom Penh Water Supply Authority to buyout infrastructure owned by private companies providing water to the outskirts of the capital. ...

May Kunmakara
http://www.khmertimeskh.com/news/37320/cheap-water-deal/

Water utility widens revenue stream

The capital’s listed water utility inaugurated a new treatment facility yesterday that will increase its production capacity of clean water by 30 percent, and add to its revenue stream – a move likely to impress its shareholders. ...

Hor Kimsay
http://www.phnompenhpost.com/business/water-utility-widens-revenue-stream

Electricity access is growing, but divide persists

Cambodia has been quickly turning on the lights for more households, but access to electricity remains significantly lower in rural areas than in cities, according to a new report from the World Bank. ...

Matt Surrusco
https://www.cambodiadaily.com/news/electricity-access-is-growing-but-divide-persists-127606/

Revenue rises at the Autonomous Port

Total revenue for the listed state-owned enterprise Phnom Penh Autonomous Port (PPAP) increased 7.49 percent by the end of December last year, giving it a net value of $16.5 million compared with $15.35 million a year earlier.   ...

May Kunmakara
http://www.khmertimeskh.com/news/37268/revenue-rises-at-the-autonomous-port/

Utility bills slashed for many

The government is to standardize water and electricity rates for factory workers and students in a bid to stop them being ripped off by unscrupulous landlords.   ...

Mom Kunthear
http://www.khmertimeskh.com/news/37293/utility-bills-slashed-for-many/

Startups turn heads in Silicon Valley

Cambodia’s startups have clamoured to attract foreign venture capital, and now even Silicon Valley is paying attention. Last month, local media and entertainment site Khmerload – described by some as Cambodia’s version of Buzzfeed – secured $200,000 in investment from the regional arm of California-based ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/startups-turn-heads-silicon-valley

Japan outlines plan to increase river cargo

A Japanese expert has urged Cambodia to invest in improving transport on the Mekong River to boost the movement of cargo around the country. Kume Hidetoshi from the Japanese International Cooperation Center made the call during a presentation at the Japanese embassy yesterday.   ...

Pav Suy
http://www.khmertimeskh.com/news/37233/japan-outlines-plan--to-increase-river-cargo/

Qatar Airways launches regular cargo service

Qatar Airways Cargo launched regular scheduled air freighter service between Phnom Penh and Doha this week, according to a company press release. ...

The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/qatar-airways-launches-regular-cargo-service

PM: new road could be a runway

Prime Minister Hun Sen has asked Defense Minister General Tea Banh to study whether Phnom Penh’s biggest boulevard could be used for emergency plane landings.   ...

Ven Rathavong
http://www.khmertimeskh.com/news/37189/pm--new-road-could-be-a-runway/

Rural access to water, sanitation improves

According to the report, the number of people living in rural areas who had access to clean water increased from half in 2015 to 53 percent in 2016, while access to sanitation, such as proper toilets, increased nearly 10 percent to 56 percent. ...

Sen David
https://web.archive.org/web/20180227051455/http:/www.phnompenhpost.com/national/rural-access-water-sanitation-improves

City Hall, Wing deal for bus tickets

Passengers using the Phnom Penh city bus service will now have a choice of buying electronic tickets through Wing (Cambodia) Limited Specialized Bank – the kingdom’s leading mobile banking services provider. ...

Chea Vannak
http://www.khmertimeskh.com/news/37033/city-hall--wing-deal-for-bus-tickets/

$5 mil Smart fund launched for start-ups

Smart Axiata, Cambodia’s leading telecommunications company, yesterday launched a $5 million venture capital fund for digital service companies and start-ups in the country. The Smart Axiata Digital Innovation Fund aims to meet demands for cash and expertise as the number of Cambodian digital entrepreneurs increases rapidly. ...

Chea Vannak
http://www.khmertimeskh.com/news/37001/-5-mil--smart-fund-launched-for-start-ups/

Fund to fuel digital startups

Cambodian mobile operator Smart Axiata launched a $5 million venture capital fund yesterday that will seek to identify, fund and nurture local digital services companies and startups. ...

Hor Kimsay
http://www.phnompenhpost.com/business/fund-fuel-digital-startups

South Korea-Funded Civil Aviation Training Center Inaugurated

A civil aviation training center was launched in Phnom Penh on Wednesday, three years after an agreement was signed with South Korea to fund the construction of the new facility.   ...

Hang Sokunthea
https://www.cambodiadaily.com/business/s-korea-funded-civil-aviation-training-center-inaugurated-126918/

Air cargo volume soars again

For the second straight year Cambodia has proven to be one of the world’s most dynamic markets for air freight shipments, with growth in cargo volume exceeding both global and regional averages. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/air-cargo-volume-soars-again

TRC curbs phone service offers

A new deadline has been set for mobile operators Cellcard, Smart and Metfone to stop their promotional money exchange program by March 30, according to the Ministry of Posts and Telecommunication. ...

Sok Chan
http://www.khmertimeskh.com/news/36631/trc-curbs-phone-service-offers/

Beer tops advertising budgets

Beer advertising is one of the fastest growing advertising segments in the Kingdom, though just as people often struggle to keep track of how many beers they have put away, the amount that local breweries and distributors actually spend on media placements is subject to ...

Lay Samean
http://www.phnompenhpost.com/business/beer-tops-advertising-budgets

Kampot pepper prices plunge

Pepper prices in the Kingdom’s largest pepper producing region have fallen over 30 percent in the last year due to growing international supply that is leading to higher competition in the market, an industry expert said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/kampot-pepper-prices-plunge

Thais ‘offer trains’ for new rail link

The Thai government has made a verbal commitment to supply four trains to Cambodia for a railway set to connect the neighbouring countries by early July, said Ly Borin, undersecretary of state at the Public Works and Transport Ministry and director of the Cambodia Railroad ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/thais-offer-trains-new-rail-link

City sewage plan mooted

The Japan International Cooperation Agency (JICA) has finalised a sewage management master plan for Phnom Penh, which is in dire need of a wastewater treatment plant, officials said yesterday.   ...

Yesenia Amaro
http://www.phnompenhpost.com/national/city-sewage-plan-mooted

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