News
Cambodia launches National Council on Green Growth
Cambodia on Tuesday officially inaugurated the National Council on Green Growth, aiming at developing a sustainable economic society with natural resource and environment sustainability. Cambodia has adopted several legal instruments for the green growth implementation. Those included the roadmap for green growth, the memorandum of ...
http://news.xinhuanet.com/english/world/2013-03/19/c_132246075.htm
Cambodia reports 60 pct rise in internet users last year
Cambodia recorded about 2.7 million internet users as of December last year, a 60 percent rise year-on-year, a senior official said Thursday. Meanwhile, he said the country has 6 mobile phone operators. As of last year, those operators had sold out 19.1 million SIM cards, ...
http://news.xinhuanet.com/english/sci/2013-03/14/c_132234173.htm
EZECOM and Thai partner interconnect
Thai telecommunications network provider United Information Highway (UIH) and Cambodian internet service provider EZECOM said they established an interconnect agreement last month to offer improved service to customers conducting business with neighbouring countries. “We have UIH as a partner for our connection to Thailand; the connection ...
http://www.phnompenhpost.com/2013021261303/Business/ezecom-and-thai-partner-interconnect.html
E-card holders concerned about SIM card exchange
Mfone e-card holders are concerned that the cards can no longer be used after the change from Mfone’s SIM card to Cellcard’s SIM and, along with officials, are unsure of a solution. Wholesalers and retailers have expressed concern that they will lose money when the scratch ...
Japanese firms seek business options in Cambodia
Representatives of a dozen large Japanese companies arrived in Phnom Penh on Tuesday looking for business opportunities in the kingdom. Hidetoshi Nishimura, executive director of the Economic Research Institute for ASEAN and East Asia, led the delegation, whose members represent firms in industries such as technology, ...
Firm to File Criminal Complaint Against Mfone
Norwegian energy firm Eltek Valere will file a criminal complaint today against mobile phone operator Mfone over an agreement that was signed last week to shift Mfone’s existing subscribers to MobiTel, according to a lawyer representing Eltek. The decision by the Thai-owned mobile operator Mfone to ...
Thaicom's Mfone files for insolvency
Cambodia-based telecommunication operator Mfone, part of the Thaicom group, on Wednesday petitioned for insolvency proceedings in Phnom Penh after facing difficulties in an intensely competitive market and after failing to complete the sale of its shares to INT Management Service Company. “Mfone has been through a ...
http://www.nationmultimedia.com/business/Thaicoms-Mfone-files-for-insolvency-30197687.html
Royal Group to Take Stake in Mining Project
A mining company listed on the Australian Securities Exchange has announced a plan to pay $14 million for a license to explore for copper in Preah Vihear province, in a deal involving local conglomerate Royal Group. In an announcement to the bourse last Thurday, Geopacific Resource ...
Cambodia-Vietnam trade, investment see marked rises in 2012
Bilateral trade volume between Cambodia and Vietnam jumped to 3.3 billion U.S. dollars in 2012, a 18 percent rise from 2.8 billion U.S. dollars in 2011, according to a report provided by the Association of Vietnam Investment in Cambodia on Saturday. The report also said ...
http://news.xinhuanet.com/english/world/2012-12/29/c_132070890.htm
Vietnam listed in top five investors in Cambodia
The figures were released at a recent conference reviewing three years of Vietnamese trade and investment promotion in Cambodia, held by the Association of Vietnamese Investors in Cambodia (AVIC) in Phnom Penh. In 2010, Vietnam had only 41 investment projects totaling US$566 million in Cambodia. AVIC has ...
http://talkvietnam.com/2012/12/vietnam-listed-in-top-five-investors-in-cambodia/#.UNvPbqzfmW4
Vietnam to invest in hotels in Cambodia
Vietnamese investors are planning to invest more in accommodation services and to build hotels in at least three provinces that Vietnamese visitors traveling to the world-knowned Angkor Wat will travel past. ...
http://www.phnompenhpost.com/2012122760497/Business/vietnam-to-invest-in-hotels-in-cambodia.html
Norwegian firm sues Mfone over $3.7m debt
A lawyer for Norwegian-owned power and electronics equipment firm Eltek Valere yesterday called on investors not to buy stakes in the Thai-owned mobile phone operator Mfone, and to await court’s ruling. The lawyer’s appeal came after the Phnom Penh Municipal Court issued a warrant for keeping ...
Court Issues Injunction Over Mfone Debt
The Norwegian energy firm Eltek Valere won an injunction from the Phnom Penh Municipal Court earlier this month against the Thai-owned mobile operator Mfone after it filed a complaint claiming that Mfone had failed to pay $3.73 million in service charges, court documents obtained Friday ...
http://www.cambodiadaily.com/business/court-issues-injunction-over-mfone-debt-4878/
Mobile Phone Firms Threaten to Sue Mfone
Mobile phone operators Hello Axiata Co. Ltd. and Latelz Co. Ltd. are threatening to take legal action against the Thai-owned firm Mfone for allegedly refusing to pay hundreds of thousands of dollars allegedly owed to them in interconnection fees. In a letter dated October 12 to ...
http://www.cambodiadaily.com/business/mobile-phone-firms-threaten-to-sue-mfone-4811/
Cambodia's highly competitive mobile phone industry poised for change
The nation is awash with SIM cards, and that is indicative of an industry that, as most observers see it, is simply overcrowded. But [mobile phone] operators, despite their special promotions and a young population in love with phones, are finding themselves squeezed as margins ...
Gov's to Lay More than 400 Km of Fiber-Optic Cable
With a loan from Japan, the government will begin laying more than 400 km of fiber-optic cable early next year to connect Phnom Penh with five provinces, the Ministry of Post and Telecommunications (MPTC) said yesterday. Telecommunication Minister So Khun said the cable-which will connect Phnom Penh with ...
Telecommunications Regulatory Body Launched
With a proposed telecommunications law yet to be approved, the Ministry of Post and Telecommunications yesterday launched the Telcom Regulator of Cambodia (TRC) to handle disputes between mobile phone companies and Internet providers, although officials admitted that the body will have limited powers. .. But unless ...
Ad Revenues Slow, Telecoms Scale Back
Revenues generated in the advertising sector through the first seven months of the year reached $68.7 million, an increase of 6.84 percent compared to the same period last year, according to data released yesterday by Indochina Research. Although the industry has continued to grow in terms ...
Cellcard's COO Kay Lot resigns
One of Cambodia’s primary telecommunications companies, Cellcard, announced yesterday that longtime Chief Operating Officer Kay Lot has resigned. The departure of Kay Lot follows the departure of CEO David Spriggs who resigned his position about two months ago. Telecommunications industry insiders say the otherwise healthy and profitable ...
http://www.phnompenhpost.com/index.php/2012090758552/Business/cellcards-coo-kay-lot-resigns.html
Not all app stores online
Smartphones and the accompanying online stores that sell applications for them may be gaining ground across emerging markets, according to a study conducted by a London-based telecommunications research and analysis firm, but Cambodia’s market is limited by a lack of places to legitimately purchase apps, ...
http://www.phnompenhpost.com/index.php/2012081357948/Business/slow-demand-for-paid-phones-apps.html
Bandwidth boost underway
Fuelled by downward pressure on internet pricing, state-owned Telecom Cambodia had dramatically increased its fibre-optic link with Vietnam, officials and experts said. The new 10-gigabyte connection would further lower prices and boost the speed of Cambodian internet connections in a market where demand for bandwidth was driven by ...
http://www.phnompenhpost.com/index.php/2012042655784/Business/bandwidth-boost-under-way.html
Beeline officials mum on sales buzz
Questions remained yesterday about the fate of mobile operator Beeline Cambodia following the sale of parent company Vimpelcom’s Vietnamese assets earlier in the week. Despite a report on Tuesday in the Russian newspaper Kommersant that sources close to Vimpelcom’s shareholders had said the sale of Cambodian operations was under consideration, company officials ...
Consolidation on Horizon as Mobile Operators Enter Talks
Cambodia Advance Communications Ltd, operating under the brand qb, is in talks to either merge with or acquire Thai majority-owned Mfone, a senior government official said yesterday. The talks come amid recent speculation that operators in Cambodia’s oversaturated telecommunications market would have to consolidate in order ...
Kingdom relieved after US internet law fails to pass
The postponement of two US internet piracy bills last week was met with relief by human rights and media experts in Cambodia, who say the overreaching grasp of the proposed legislation would hinder the internet’s progress and growth in the Kingdom. The US House of Representative’s ...