Aiming to disrupt the thriving local ride-hailing market with a new business model, Belarus-based Onde recently announced its intention to enter Cambodia. In an interview with Khmer Times, a representative of the startup said they provide the software entrepreneurs need to run their own taxi company. Onde’s software is already used by more than 200 […]
Read MoreCambodia has agreed to purchase 2,400MW of electricity from Laos by 2027, in a move to meet growing energy demand in the country. Cambodia will buy exclusive power from two coal-fired power plants in Laos: TSBP Sekong Power and Mineral Company that will produce 600MW of electricity and Xekong Thermal Power Plant Company, which will […]
Read MoreThe fledgling insurance industry in the Kingdom continues to undergo remarkable growth, with premiums growing by more than 14 percent in the first half of the year, according to insiders. Speaking at a workshop on the insurance industry yesterday, Huy Vatharo, chairman of the Insurance Association of Cambodia (IAC), said the market is growing rapidly […]
Read MoreCambodia is one of four Asean nations where the influx of foreign direct investment reached record levels last year, according to a study by the Asean Secretariat and the United Nations Conference on Trade and Development (Unctad). The Asean Investment Report 2019, released last week, finds that FDI to Asean rose by 5 percent to […]
Read MoreWe reiterated our intention to work towards the completion of the India-Myanmar-Thailand Trilateral Highway Project and its extension to Cambodia, Lao PDR and Viet Nam, said a source from the statement of the 16th ASEAN-India Summit in Bangkok, Thailand. The Trilateral Highway project includes three new major bridges, repair and strengthening of four existing major […]
Read MoreCambodia is planning talks with the Electricity Generating Authority of Thailand (Egat) to purchase 300MW of power, Ministry of Mines and Energy official Victor Jona said on Tuesday. Jona, the director-general of the ministry’s General Department of Energy, told The Post that the talks could be held late this month or in early December. Pending […]
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