News

Trucking Companies Plagued by High Costs, Informal Payments

Despite growing exports, freight companies say profits are being hit because most firms still use old, inefficient trucks and are often forced to pay custom officials informal fees at border checkpoints and ports. Transportation costs in Cambodia are already some of the highest in the region, ...

http://www.cambodiadaily.com/business/trucking-companies-plagued-by-high-costs-informal-payments-3716/

Thailand, Cambodia launch direct bus services linking Bangkok, Phnom Penh

Poipet – Thailand and Cambodia on Thursday launched direct bus services linking Bangkok and Phnom Penh via the Aranyaprathet-Poipet border crossing, aiming to cut transportation costs, MOCT reported on June 15. Transport Minister Jarupong Ruangsuwan and Cambodian Public Works and Transport Minister Tram Iv Tek and representatives of the Asian Development Bank (ADB) co-presided at the ...

http://thesoutheastasiaweekly.com/

Study says country unlikely to meet rice goal

Cambodia is unlikely to meet even half of its 2015 goal to export 1 million tons of milled rice unless export and production costs are greatly reduced and more private investment goes toward the agriculture sector, according to a new World Bank study obtained Monday. The ...

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