News

Up to 15 percent of logistics providers ‘heading for bankruptcy’

The Cambodia Freight Forwarders Association (CFFA) yesterday said the on-going COVID-19 pandemic is seriously damaging logistic providers, with about 10 to 15 percent heading for bankruptcy in the upcoming months. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50737975/up-to-15-percent-of-logistics-providers-heading-for-bankruptcy/

Road damage harming S’ville trade

The Minister of Public Works and Transport Sun Chanthol said on Tuesday that road damage in Preah Sihanouk province caused by recent rainfall and traffic congestion has been affecting the transport of goods between Phnom Penh and Sihanoukville Autonomous Port. ...

Thou Vireak
https://www.phnompenhpost.com/business/road-damage-harming-sville-trade

CDC: Improve infrastructure to draw investment to border

The Council for the Development of Cambodia (CDC) has urged relevant parties to increase efforts to attract more foreign investors to border areas. CDC secretary-general Sok Chenda Sophea said to achieve this, it is necessary to develop infrastructure there such as special economic zones (SEZ), ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-improve-infrastructure-draw-investment-border

Kamsab removed from ports as Kingdom braces for loss of preferential trade access

The Cambodian government has begun a series of reforms intended to strengthen economic independence and promote business in the Kingdom, as they prepare for the possible loss of preferential trade access to the EU and US in the coming months. Prime Minister Hun Sen on ...

Hin Pisei
https://www.phnompenhpost.com/business/kamsab-removed-ports-kingdom-braces-loss-preferential-trade-access

Sihanoukville expressway nears construction

A construction team composed of 200 workers from China has arrived in the Kingdom to begin work on an expressway that will connect Phnom Penh and Sihanoukville, with the groundbreaking ceremony expected before the end of March. ...

Chea Vannak
https://www.khmertimeskh.com/50568038/sihanoukville-expressway-nears-construction/

Trade logistics centre west of Phnom Penh is in planning

An assessement of plans to build a groundbreaking trade logistics centre west of Phnom Penh will begin soon, the Ministry of Public Works and Transportation said. An early stage feasibility analysis of the Phnom Penh Logistics Complex is set to begin early next year, supported ...

Hor Kimsay
https://www.phnompenhpost.com/business/trade-logistics-centre-west-phnom-penh-planning

Government gets $110M to restore National Road 4

Work on the $110 million National Road 4 upgrading project in the Kingdom’s main economic corridor could start as early as next year, a Ministry of Public Works official has said. The project, which will affect a more than 200km stretch of road, will take ...

Hin Pisei
https://www.phnompenhpost.com/business/government-gets-110m-restore-national-road-4

New terminal to allow Sihanoukville port to process bigger loads

The Kingdom’s only deep-sea port, operated by state-owned Sihanoukville Autonomous Port (PAS), will launch a new multipurpose terminal on June 25, to accommodate larger vessels with heavy loads, it said on Wednesday. PAS Chairman and CEO Lou Kim Chhun said the inauguration of the multipurpose ...

Hor Kimsay
https://www.phnompenhpost.com/business/new-terminal-allow-sihanoukville-port-process-bigger-loads

Prime Minister unveils plan for new road along Thai border

The government yesterday announced its intention to pitch a new project to China that would consist of a road along the border with Thailand connecting the provinces of Pailin and Koh Kong. ...

Chea Vannak
https://www.khmertimeskh.com/50499726/prime-minister-unveils-plan-for-new-road-along-thai-border/

Major garment industry hauler says crackdown ensnaring legal trucks

The government’s strict enforcement efforts against oversized trucks are starting to ensnare legal trucks at checkpoints, further hampering the time-sensitive garment industry, according to the head of the country’s largest trucking federation. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/major-garment-industry-hauler-says-crackdown-ensnaring-legal-trucks

GMAC asks for delay on truck ban

The Garment Manufacturers Association in Cambodia (GMAC) has appealed to Prime Minister Hun Sen to delay a crackdown on oversized trucks, which has already forced more than half of the vehicles serving the garment industry off of the roads since it was called for by ...

Hor Kimsay
http://www.phnompenhpost.com/business/gmac-asks-delay-truck-ban

Customs urged to move online

Customs authorities should work quickly to adopt an envisioned online registration system for cross-border cargo shipments that would expedite delivery and cut out pesky middlemen who tack on unofficial fees, Transport Minister Sun Chanthol said yesterday. ...

Kali Kotoski
http://www.phnompenhpost.com/business/customs-urged-move-online

Transport companies agree to drop fees

Cambodia’s two largest ports and the country’s biggest transport associations agreed yesterday to cut fees on container shipments in response to newly appointed Transportation Minister Sun Chanthol’s industry-wide call on Monday for solutions to reduce the high cost of logistics and transport. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/transport-companies-agree-drop-fees

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