News

Ministry: 5G essential for Cambodia’s digitalisation

Minister of Post and Telecommunications Tram Iv Tek on Thursday lauded leading mobile operator CamGSM Co Ltd for its progress in rolling out a 5G network in Cambodia. Speaking at an event organised by CamGSM to showcase its 5G capabilities, he said the technology is essential ...

May Kunmakara
https://www.phnompenhpost.com/business/ministry-5g-essential-cambodias-digitalisation

Royal Group and Fusionex Group sign MOA to power up Smart Trade Facilitation in Cambodia

The Royal group, Cambodia’s leading conglomerate and Fusionex Group, one of the largest multi award-winning and the leading data technology group in the region, signed a memorandum of agreement where both groups will cooperate in the area of Smart Trade Facilitation in Cambodia. This cooperation ...

The Phnom Penh Post staff
https://www.phnompenhpost.com/national/royal-group-and-fusionex-group-sign-moa-power-smart-trade-facilitation-cambodia

Royal Railway takes extra measures for a smooth ride

In 2009 the Royal Government of Cambodia signed a Concession agreement with Toll from Australia the biggest Logistics company in Australia at the time to be the Operator and Maintainer of the North and South Line. Soon after Toll signed it joined with Neat Oknha ...

John Guiry
https://www.khmertimeskh.com/50605169/royal-railway-takes-extra-measures-for-a-smooth-ride/

Lower Sesan II dam opens

Situated in Stung Treng province’s Sesan district, the hydropower dam is Asia’s longest at 6.5km. It is a joint venture by Chinese company Hydrolancang International, Cambodian company Royal Group, and Vietnamese company Vietnam Electricity. The project is a 45-year Build-Operate-Transfer contract, in which five years was ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/lower-sesan-ii-dam-opens

Rail cars en route to Kingdom

The Royal Group subsidiary, which in 2010 won a 30-year concession to operate and upgrade the Kingdom’s rail network, began running a new service in mid-April from the capital’s city centre to Phnom Penh International Airport. ...

Hor Kimsay
https://www.phnompenhpost.com/business/rail-cars-en-route-kingdom

Sesan firm promises to build schools, roads

The Hydro Power Lower Sesan II Company Ltd has agreed to build infrastructure for 70 ethnic Lao families in Srekor village who refused to relocate after the controversial Sesan II Dam project went online in Stung Treng province last September. The company said construction will ...

Oung Dane
https://www.phnompenhpost.com/national/sesan-firm-promises-build-schools-roads

Families no longer displaced by dam

Indigenous families in Kbal Romeas village who were displaced last year by flooding from the reservoir of the Lower Sesan II Dam in Stung Treng province have been given new homes and hope for a better life in a new village along National Road 78. ...

G. Danapal
https://www.khmertimeskh.com/50487015/families-no-longer-displaced-by-dam/

Government defers logging permits

The Council of Ministers has ordered a temporary suspension to permits for clearing and transporting timber from the reservoir area of the Lower Sesan II Dam until after the upcoming elections in July, with a government official yesterday saying illegal logging was “out of control”, ...

Phak Seangly
http://www.phnompenhpost.com/national/government-defers-logging-permits

Royal Group plan for Sihanoukville beach cleared of businesses remains a mystery

More than a month after businesses on a prime stretch of Occheuteal Beach were told to pack up and leave, officials in Preah Sihanouk province are still unaware of local conglomerate Royal Group’s plans for the space. Evictions on the beach began around Christmas time, ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/royal-group-plan-sihanoukville-beach-cleared-businesses-remains-mystery

Massive skyscraper floated again

Prime Minister Hun Sen said yesterday that a 600-metre building would be constructed in Cambodia, though he did not mention specifics and similar projects proposed in the past have stalled before construction. ...

Robin Spiess and Hor Kimsay
http://www.phnompenhpost.com/business/massive-skyscraper-floated-again

China deals swiftly signed

Cambodian and Chinese officials and business leaders yesterday signed 19 agreements during a visit to Phnom Penh by Chinese Premier Li Keqiang, boosting Chinese investment at a time when the regional power has upped its economic and political support for Hun Sen’s government.​ ...

Hor Kimsay and Cheng Sokhorng
http://www.phnompenhpost.com/business/china-deals-swiftly-signed

Sesan dam gets land concession

The government has reclassified 32,305 hectares of public land in Stung Treng province’s Sesan district to provide an economic land concession for the Lower Sesan II dam. According to a sub-decree signed by Prime Minister Hun Sen on November 17, the land covers part of ...

May Titthara
http://www.khmertimeskh.com/5097362/sesan-dam-gets-land-concession/

Sesan Dam villagers tell officials to leave

Villagers embroiled in a battle against the government and builders of the Lower Sesan II Dam in Stung Treng province yesterday demanded that provincial officials vacate a local pagoda they have occupied as an office. ...

May Titthara
http://www.khmertimeskh.com/5078289/sesan-dam-villagers-tell-officials-leave/

Koh Rong land hard titles released to fasttrack Island Development Plan

After the government confirmed legal land titles to residents of Koh Rong and ends conflict and uncertainty between land of residents and land of companies on 14 July 2017, it is highly likely that land prices will skyrocket and Koh Rong will change its new ...

Ky Kosal
https://www.realestate.com.kh/news/Koh-Rong-Land-Hard-Titles-Released-Today-to-Fasttrack-Island-Development-Plan/

Report fingering tycoon in timber crime taken down

A national police spokesman yesterday said a report alleging that tycoon Kith Meng’s Royal Group was colluding with loggers to launder timber was mistakenly posted on the body’s official site by a “tired” employee who meant to share the information with local reporters but not ...

Phak Seangly
http://www.phnompenhpost.com/national/report-fingering-tycoon-timber-crime-taken-down

Lottery hopes to soar on Wing network

Mohaleap Lotto, a subsidiary of Cambodia’s Royal Group, officially entered the Kingdom’s lottery gaming market this month, hoping to disrupt a business sector currently dominated by black market outlets, a company executive said yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/lottery-hopes-soar-wing-network

Royal representative denies claims

A representative of business mogul Kith Meng’s Royal Group yesterday hit back at a report published by the National Police accusing the company of laundering illegal timber through the Lower Sesan II hydro power project. ...

Phak Seangly
http://www.phnompenhpost.com/national/royal-representative-denies-claims

Kith Meng company secures timber release

Customs officers have released a pair of trucks that local officials said were seized late last month while being used to smuggle timber belonging to business mogul Kith Meng into Vietnam in breach of a government ban, according to police. ...

Aun Pheap
https://www.cambodiadaily.com/news/kith-meng-company-secures-timber-release-128163/

Kith Meng firm’s wood seized near border

Authorities in Tbong Khmum province seized two trucks that were about to break the government’s ban on timber exports to Vietnam by carting wood across the border for a company owned by business mogul Kith Meng. ...

Aun Pheap
https://www.cambodiadaily.com/news/kith-meng-firms-wood-seized-near-border-127418/

Villagers complain about dam deal

Several families affected by the construction of the Lower Sesan II dam yesterday renewed their calls for the government to demarcate boundaries so they can stay on their “ancestral land,” while others who chose to relocate painted a grim picture of squalid conditions in their ...

Pech Sotheary
http://www.khmertimeskh.com/news/36329/villagers-complain-about-dam-deal/

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