ព័ត៌មាន
Chugging along- The rehabilitation of the Kingdom’s railways is essential to boosting regional economic ties, but the mammoth project needs to pick up speed
A glance around Battambang’s dilapidated train station reveals the monumental task it will be to complete the Cambodian segment of the ‘iron silk road’, which will connect Southeast Asia to Europe by rail for the first time. Cows graze between missing rails in front of ...
Russian-Cambodian satellite venture launched
A new Russian-Cambodian digital satellite television service plans to have 400,000 subscribers in the next two years with 60 channels in Khmer, English, Russian, Chinese, Vietnamese and other languages. The venture between Russia’s General Satellite and Cambodia’s Royal Group was soft-launched last night at Sofitel, with ...
http://www.phnompenhpost.com/index.php/2012072557590/Business/onetv-satellite-venture-launched.html
Cambodia launches first 24-hour news station
The Cambodian Broadcasting Service launched the Kingdom’s first 24-hour news channel, Cambodian News Channel, to great fanfare last night at its new studios. During the launch, Kith Meng, chairman of both Royal Group and the new channel, said this news channel would further the development of ...
Toll Royal to Restart Rail Services Next Month
Less than four months after suspending work on Cambodia’s dilapidated railway network, Toll Royal Railways (TRR), the network’s operator, has informed the government that it will recommence transporting construction materials needed to build the southern line on Aug. 1, company officials said yesterday. The decision to ...
Toll Yet to Issue Statement On Railway Project Status
Several days after a report that Australian transportation company Toll Holdings would abandon its stake in a joint venture to operate Cambodia’s railway system, the company remained silent Friday on its future plans here. “Let’s wait for the truth rather than make assumptions,” he added. ...
Royal Group Denies Toll’s Exit From Local Railway Project
Royal Group chairman Kith Meng yesterday denied reports that Australian company Toll Holdings would be pulling out of a $140 million joint venture project to rehabilitate Cambodia’s railway system. Toll Holdings, in a joint venture with Royal Group, signed a 30-year contract with the government in ...
Rare win for villagers in battle with tycoon
In a rare siding with villagers, government officials earlier this week rejected a proposal by tycoon Kith Meng to develop the area surrounding Boeung Prek Tub lake in Preah Sihanouk town and instead vowed to issue proper land titles to residents. ...
$6bn in projects approved in 2011
Investment approved between January and October surpassed those last year by US$160 million, according to a report from the Council for the Development of Cambodia. The 126 local and foreign investment projects through October, worth about $6 billion, overshadowed the $5.8 billion in the whole of ...
http://www.phnompenhpost.com/index.php/2011121353317/Business/6bn-in-projects-approved-in-2011.html
Royal Group linked to new $2.2bn firm
A fertiliser company that has been approved to do billions of dollars’ worth of business in Cambodia, and is presumed to be based in the United Kingdom, is in fact affiliated with domestic conglomerate Royal Group, an insider has confirmed. Nitrogen Chemicals and Fertiliser (Cambodia) Ltd ...
U.S. and Cambodia Chamber of Commerce Ink Deal on Trade Loan Guarantees
PHNOM PENH — The U.S. Export-Import Bank ( Exim Bank) and the Cambodia Chamber of Commerce (CCC) inked the Memorandum of Understanding on trade loan guarantees to boost trade between the U.S. and ASEAN member countries, according to a statement released by the U.S. embassy ...
http://news.xinhuanet.com/english2010/business/2011-08/25/c_131072977.htm
Deals With China Inked
Cambodia agreed to acquire Chinese-made Z-9 helicopters for US$195 million in one of 26 memorandums of understanding agreed by the two countries on Saturday. Cooperation was pledged in sectors such as energy, mining, agriculture and road construction, as well as defense spending and aid. The ...
http://www.phnompenhpost.com/index.php/2011082251177/Business/deals-with-china-inked.html
Cambodia and China Ink Aid, Trade Deals
Prime Minister Hun Sen and a visiting top Chinese official on Saturday presided over the signing of 29 letters and memoranda covering a broad range of business and military deals, including a $195.5 million loan for Cambodia to purchase Chinese-made military helicopters. A summary of ...
Kith Meng re-elected
PROMINENT businessman Kith Meng was re-elected unopposed yesterday as president of the Cambodian Chamber of Commerce. Kith Meng, the only contender who declared his candidacy for the three-year mandate, received support from all 11 candidates eligible to stand. Kith Meng, who is also chairman and chief ...
http://www.phnompenhpost.com/index.php/2011080950932/Business/kith-meng-re-elected.html
President of Chamber of Commerce Is Re-Elected
The Cambodia Chamber of Commerce re-elected Royal Group chairman Kith Meng for his second three-year term as president yesterday. The presidents of 11 provincial chambers of commerce voted for Mr Meng, who is also president of the Phnom Penh Chamber of Commerce. ...