Infrastructure

The price of cashew nuts has jumped about 15 percent this year prompting processers and exporters to call for the government to help funnel more investment into growing the crop. ...

Cambodia is a major player in ASEAN for realizing China’s Belt and Road Initiative, which Chinese President Xi Jinping proposed last year to connect China to neighboring countries and the world, Chinese officials said.   ...

Officially sanctioned reductions in port container fees will have little impact on the Kingdom’s trade competitiveness as deeply engrained problems in trucking and railways, as well as high custom fees, remain in place, stakeholders in the transport sector said yesterday. ...

Prime Minister Hun Sen announced that a new railway from the capital to Siem Reap province will be built within an undisclosed timeframe. ...

Prime Minister Hun Sen on Sunday announced across-the-board cuts to the fees being charged by three of the state’s main logistics firms and ordered a probe into transport sector corruption, which he blamed for nearly half the industry’s expenses. ...

A China-funded power transmission system in the length of 100 km was inaugurated here on Thursday after four years of construction, officials said. ...

Some 34 families in Kampong Chhnang’s Lorpeang village yesterday filed a new petition at the provincial hall urging authorities to intervene in a nine-year land dispute with KDC International, which villagers say has reached a bottleneck and is affecting their daily lives. ...

More than 100 vendors in Stung Treng yesterday expressed concern that the location of their stalls would change after the town’s fire-damaged market is rebuilt by provincial authorities.   ...

Cambodia’s young, tech-enthusiastic population is a gateway to accessing the global market digitally, according to the ICT Federation of Cambodia, with its president – Steven Path – estimating that the information and communication technology sector is already nearing about $1 billion in sales. ...

A hundred military trucks have been readied to transport water to drought-hit provinces, where hundreds of livestock deaths have been reported this month amid scorching heat. ...

Cambodia has asked China to begin direct flights from southwestern Guizhou province to promote trade and tourism. ...

Transport Minister Sun Chanthol said yesterday his ministry would work with the private sector to draw up a formula to rein in and cut transport costs. ...

Five groups of land evictees marched to the Council of Ministers yesterday to submit petitions. .  ...

Officials from China’s Export-Import Bank are expected to visit Cambodia this week to study granting a loan to a Chinese construction firm to build a $1.6 billion, 190-kilometer long expressway from Phnom Penh to Sihanoukville. ...

The construction by the Thai military of a miniature replica of the Preah Vihear temple complex has been met with consternation by the government. ...

Malaysia-listed Zhulian Corp Bhd plans to expand its diversified Multilevel Marketing  (MLM) business into Cambodia and Laos to tap the strong potential of both countries, media reports said yesterday.    ...

In an effort at promote the Kingdom’s railways, Prime Minister Hun Sen will travel from Phnom Penh to Sihanoukville by train on April 30, and has promised to post many pictures of his travels on Facebook. ...

Helmeted state security guards on Thursday blocked landowners from entering their plots in Phnom Penh’s Chroy Changva district as heavy machinery razed crude structures and leveled the earth to make way for a hotly disputed road construction project.   ...

Container traffic at Sihanoukville Autonomous Port (SAP), which operates the country’s only deep-sea port, increased by almost 10 per cent during the first quarter of the year, compared to a year earlier, while tonnage rose by 11.5 per cent, a company official said yesterday. ...

Malaysia-based retailer Giant, one of the largest players in Asia, has launched its first store in Cambodia, opening in Phnom Penh’s Grand City Mall as part of a major expansion into the Kingdom. ...

The UN’s International Fund for Agricultural Development (IFAD) will provide $36 million to the Commerce Ministry to help improve market access for poor farmers and small entrepreneurs. ...

Bell Helicopter, a Textron Inc. company, announced it has signed a letter of intent with VIP Jets Ltd. for the first Bell 505 Jet Ranger X in Cambodia. This is also the first Bell Helicopter aircraft signed for in Cambodia. ...

Freight rail shipments have gained traction since commercial rail traffic resumed on the Kingdom’s sole operational railway line in 2013, but Royal Railway, the private company with a 30-year concession to operate the Kingdom’s railway network, is pressing for more growth as it seeks to ...

More than 1,000 families in Siem Reap province are facing clean water shortages as the water level at Baray Teuk Thla reservoir has fallen for the first time in several years due to the especially harsh drought conditions confronting the Kingdom in recent months.   ...