Plans appear to be in the works to develop a central stretch of prime riverfront real estate currently owned by a state-run enterprise into a sprawling commercial development, according to sources involved with the landowner, though key government officials professed to be in the dark as to the nature of the deal. The 9.25 hectares […]
Read MoreTechnology startups gathered in Phnom Penh on Wednesday to pitch their business models and vie for a singular spot in a prestigious regional competition. The Echelon Top 100 Cambodia Qualifiers, hosted by local telecommunications company Smart Axiata and tech media platform e27, was held to shine a spotlight on Cambodia’s tech scene and the competition’s […]
Read MoreCambodia and Bangladesh committed yesterday to a host of initiatives to enhance trade ties, including updating the terms of their 2006 trade agreement. The commerce ministers of both countries met yesterday in Phnom Penh and discussed the apparently failed agreement to send one million tonnes of Cambodian rice to Bangladesh and the creation of a […]
Read MoreThe government has signed off on a proposal to designate more than 9 hectares of land along Phnom Penh’s riverfront as state-private land, opening it up for private investment or long-term leasing. The 9.25-hectare stretch of riverfront from the capital’s Night Market to the Chroy Changvar bridge was reclassified from state-public land to state-private land […]
Read MoreWith the first drop of crude oil from the Apsara oilfield expected by next year, officials gathered on Thursday to discuss the much-awaited law on petroleum. Representatives of the Ministry of Mines and Energy, the Ministry of the Environment and the Ministry of Justice were in attendance during the meeting to discuss a piece of […]
Read MorePhnom Penh SEZ Plc, the kingdom’s leading economic zone, announced last week plans to diversify its revenue after revealing less-than-satisfactory financial results for 2017. Total revenue in 2017 equalled $9.1 million, a decrease from the previous year’s $9.4 million, according to Fong Nee Wai, PPSEZ’s chief financial officer, who spoke during the company’s annual general […]
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