News

Cambodia to have five more vehicle assembly factories

According to the Ministry of Commerce, five automobile manufacturers are reportedly building production facilities in Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501481029/cambodia-to-have-five-more-vehicle-assembly-factories/

Royal Railway buys DMUs from Japan

Royal Railway Cambodia (RRC), a subsidiary of local conglomerate Royal Group, is bringing used Diesel Multiple Units (DMU) from Japan for the railway service in Cambodia. ...

Chea Vanyuth
https://www.khmertimeskh.com/501474759/royal-railway-buys-dmus-from-japan/

RGPPSEZ reports strong growth in revenues for 2023

The Royal Group Phnom Penh Special Economic Zone (RGPPSEZ) recorded a total revenue of almost $64 million throughout the 2023 year, marking an increase of 137 percent compared to 2022 annual revenues, says the Cambodia Securities Exchange (CSX). ...

James Whitehead
https://www.khmertimeskh.com/501474093/rgppsez-reports-strong-growth-in-revenues-for-2023/

Royal Group developing new SEZ in Kandal

Local conglomerate Royal Group is developing a new special economic zone (SEZ) in Kandal province to fulfill the increased demand for quality manufacturing facilities around Phnom Penh. ...

Chea Vanyuth
https://www.khmertimeskh.com/501466083/royal-group-developing-new-sez-in-kandal/

Royal Group PPSP sees four-fold increase in annual net profits in 2023

Royal Group Phnom Penh SEZ Plc. (RGPPSP) has recorded an almost four-fold increase in annual net profits for 2023 compared to 2022, according to a Cambodia Stock Exchange (CSX) bourse filing by the special economic zone (SEZ) developer last week. ...

James Whitehead
https://www.khmertimeskh.com/501438729/royal-group-ppsp-sees-four-fold-increase-in-annual-net-profits-in-2023/

Royal Railway reports slight revenue uptick in Q1

Royal Railway Plc (RRC), a Royal Group of Companies Ltd (RGC) member with a corporate bond listed on the Cambodia Securities Exchange (CSX), reported only a slight on-year increase in revenue in the first quarter of 2023 – ended March 31 – which has been ...

May Kunmakara
https://www.phnompenhpost.com/business/royal-railway-reports-slight-revenue-uptick-q1

Number of factories in Cambodia grows from 64 in 1997 to 1,326 in 2023, says Prime Minister Hun Sen

During a meeting with nearly 20,000 workers and employees in the Royal Group Phnom Penh Special Economic Zone, on May 26, Prime Minister Hun Sen, said that Cambodia currently has 1,326 factories with more than 840,000 labor force across the country. ...

Khmer Times Staff
https://www.khmertimeskh.com/501297669/number-of-factories-in-cambodia-grows-from-64-in-1997-to-1326-in-2023-says-prime-minister-hun-sen/

PM lauds Royal Group’s renewable power export deal with Singapore

Prime Minister Hun Sen lauded the Royal Group’s energy purchase agreement on exporting renewable energy to Singapore via submarine high-voltage transmission, terming it a milestone in the country’s energy development. ...

Chea Vanyuth
https://www.khmertimeskh.com/501260356/pm-lauds-royal-groups-renewable-power-export-deal-with-singapore/

Cambodia’s Royal Group signs agreement on renewable energy export to Singapore

Cambodia’s Royal Group Power Company Ltd. (RGP) and Singapore’s Keppel Energy Pte Ltd. (KE) have reached an energy purchase agreement on exporting renewable energy to Singapore via submarine high-voltage transmission. ...

Khmer Times Staff
https://www.khmertimeskh.com/501257335/cambodias-royal-group-signs-agreement-on-renewable-energy-export-to-singapore/

PPSP’s profits decline in Q4 last year, but rise on annual basis

The consolidated net profits after tax of the Royal Group Phnom Penh Special Economic Zone (PPSP) of the conglomerate Royal Group of Companies have decreased 95.21 percent to about $0.18 million in the last quarter of 2022 compared to over $3.82 million in the same ...

Kang Sothear
https://www.khmertimeskh.com/501240205/ppsps-profits-decline-in-q4-last-year-but-rise-on-annual-basis/

Royal Group signs agreement to build Koh Rong airport

An agreement has been signed for the construction of a $300 million airport on Koh Rong island, taking five years to complete. ...

Seng Mengheng
https://kiripost.com/stories/cambodia-royal-group-sign-agreement-to-build-koh-rong-airport

Royal Group SEZ increases exports by $492.7m

Despite the pandemic, Royal Group Phnom Penh SEZ Plc. has reported an increase in exports of $492.7 million for the first seven months of the year, marking 26 percent year-on-year (YOY) growth. ...

Mao Sreypich
https://kiripost.com/stories/royal-group-sez-increases-exports-by-4927m

Ministry of Commerce and Wing Bank sign MoU to strengthen CambodiaTrade marketplace with digital payments

The Ministry of Commerce on Monday signed a memorandum of understanding (MoU) with Wing Bank (Cambodia) Plc on easing payments for consumers trading on the ministry’s CambodiaTrade marketplace.   ...

May Kunmakara
https://www.phnompenhpost.com/national/ministry-commerce-and-wing-bank-sign-mou-strengthen-cambodiatrade-marketplace-digital

CDC approves Royal Group’s 700MW coal-fired power plant

The Council for the Development of Cambodia (CDC) on December 8 approved Botum Sakor Energy Co Ltd’s (BSE’s) more-than-$1 billion 700MW coal-fired power station in Koh Kong province’s southwestern Botum Sakor district. ...

Thou Vireak
https://www.phnompenhpost.com/business/cdc-approves-royal-groups-700mw-coal-fired-power-plant

Royal Group planning 100sq km SEZ in Botum Sakor National Park

The Royal Group of Companies Ltd, a leading local conglomerate, will invest in the construction of a 100sq km special economic zone (SEZ) in Koh Kong province’s Botum Sakor National Park. This is an apparent bid to capitalise on the ongoing inflow of investment to ...

May Kunmakara
https://www.phnompenhpost.com/business/royal-group-planning-100sq-km-sez-botum-sakor-national-park

Royal Group a step closer to new coal-fired power plant

Sinosteel Equipment Co Ltd and Royal Group wholly-owned Cambodia Bodong Shaguo Energy Co Ltd signed an Engineering, procurement, and construction (EPC) contract for the new 700 mW coal-fired power plant project. ...

Jason Boken
https://www.khmertimeskh.com/50784902/royal-group-a-step-closer-to-new-coal-fired-power-plant/

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

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