News
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 ...
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/
PM wants fast data satellite
Cambodia should have its own satellite to make high-speed broadband available to all, Prime Minister Hun Sen said yesterday. The prime minister also proposed that the Royal Group, a local conglomerate, partner with other companies to make the Kingdom’s satellite dream a reality. Addressing about 600 ...
Sok Chan
http://www.khmertimeskh.com/news/33238/pm-wants-fast-data-satellite/
Forests being cleared: report
Ten trucks fully loaded with timber have been spotted entering a heavily guarded sawmill near the Lower Sesan II dam on an hourly basis, claimed a report by the Cambodian Human Rights Task Force (CHRTF), which was released yesterday. According to the report, photos taken from ...
May Titthara
http://www.khmertimeskh.com/news/31962/forests-being-cleared--report/
Royal Group submits plan for coal-fired plant
New details have emerged on Royal Group’s ambitions to expand its energy portfolio after a government official clarified that Cambodia’s biggest conglomerate is seeking to develop its own coal-fired power plant, rather than finance an existing one. ...
Kali Kotoski
http://www.phnompenhpost.com/business/royal-group-submits-plan-coal-fired-plant
Sihanoukville power plant draws Royal Group's interest
The Royal Group, Cambodia’s biggest conglomerate, will be involved in funding future phases of a massive coal-fired power plant under construction in Preah Sihanouk province, a government official said yesterday, although details of the size of the investment or its timeline remain hazy. ...
Kali Kotoski
http://www.phnompenhpost.com/business/sihanoukville-power-plant-draws-royal-groups-interest
Indian mining firm prepares to dig deep in Ratanakiri
The Ministry of Mines and Energy is set to issue the country’s first commercial underground mining license to Indian company Mesco Gold in two weeks, despite opposition by residents of two villages concerned about compensation and environmental damage. The company plans to break ground on its ...
Aisha Down and Kang Sothear
https://www.cambodiadaily.com/news/indian-mining-firm-prepares-dig-deep-ratanakkiri-117474/
PM ready to maroon island investors
Prime Minister Hun Sen ordered his officials to revoke the licenses of any investment and construction firms found doing little or nothing with the islands or land they said they would develop. ...
Ven Rathavong
http://www.khmertimeskh.com/news/28106/pm-ready-to-maroon-island-investors/
Gov’t halts building of Koh Rong island port
A Sihanoukville provincial coastal working group has ordered tycoon Kith Meng’s Royal Group to stop building a port on Koh Rong, saying the development was illegal. ...
Mech Dara
http://www.phnompenhpost.com/national/govt-halts-building-koh-rong-island-port
Royal group in talks with China, Indonesia on proposed oil pipeline
Cambodian conglomerate the Royal Group is in talks with two foreign state-owned petroleum companies to conduct feasibility studies for an oil pipeline that would run from Sihanoukville to Phnom Penh, a government official has confirmed. ...
Kali Kotoski and Sor Chandara
http://www.phnompenhpost.com/business/royal-group-talks-china-indonesia-proposed-oil-pipeline
Russian firm exploring potential rail deal
A visiting representative of JSC Russian Railways, the state-run firm that manages rail infrastructure and operates passenger and freight services in Russia, met executives of Cambodia’s railway operator yesterday to discuss possible cooperation between the two companies. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/russian-firm-exploring-potential-rail-deal
Holdouts reject new offer to leave dam site
More than 90 villagers in Stung Treng province on Tuesday rejected compensation packages for the land they will lose to the under-construction Lower Sesan 2 hydropower dam, a local official said. ...
Ben Sokhean
https://www.cambodiadaily.com/news/holdouts-reject-new-offer-to-leave-dam-site-110297/
On Koh Rong, gov’t working group deciding who owns what
After getting the rights to develop Koh Rong island in 2008, the Royal Group started clearing land last year in preparation for the construction of its luxury Royal Sands resort. ...
Jonathan Cox and Ven Rathavong
http://www.khmertimeskh.com/news/23027/on-koh-rong--gov---t-working-group-deciding-who-owns-what/
Royal group ordered to dismantle jetty on O’tres beach
Six months after it started construction, Kith Meng’s Royal Group has been ordered to demolish a nearly finished jetty on O’Tres Beach near Sihanoukville, with local officials saying the tycoon’s company was never granted permission to build it in the first place. ...
Khuon Narim
https://www.cambodiadaily.com/news/royal-group-ordered-to-dismantle-jetty-on-otres-beach-106093/