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Cambodia: Phnom Penh airport train to start on April 10

The new rail line between Phnom Penh International Airport and the railway station on Monivong Boulevard is scheduled to open on April 10, according to government and Royal Railways officials. Hoeurn Somnieng, deputy director of the cabinet at the Ministry of Public Works and Transport, said the infrastructure for the project was mostly completed, with […]

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Cambodia: PPAP to hike dividends by 20 percent

Phnom Penh Autonomous Port (PPAP), one of three state-owned enterprises listed in the local stock market, will increase dividend payouts by 20 percent for those who own company shares as of March 9. The increase in cash dividends follows a rise of more than 30 percent in the company’s net profit last year, according to […]

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Cambodia: Ministry changes SME data

Readers of the Ministry of Industry and Handicraft’s summarised annual report may have been shocked to find the number of small- and medium-size enterprises (SMEs) operating in Cambodia was nearly four times larger than it was reported to be last year. That’s because the ministry has changed the way it tracks SMEs, according to Laim […]

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Thailand: Inthanin Coffee to expand in Cambodia

CAMBODIA-BASED RCG Retail (Cambodia) Co Ltd has plans to open over 100 stores selling Thailand’s Inthanin brand of coffee in Cambodia from next month until the year 2022, after last week signing a memorandum of understanding with Thailand-based Bangchak Retail Co Ltd. The first, and flagship, branch will open in Phnom Penh in March this […]

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Cambodia: Grab signs agreement with UNDP on traffic

Singapore-based ride hailing app Grab signed a cooperation agreement with the United Nations Development Programme (UNDP) on Friday to reducing pollution and traffic congestion in Phnom Penh. Under the deal, both parties agreed to explore working together to reduce transport-related greenhouse gas emissions by promoting clean energy vehicles and bio-fuel, as well as supporting the […]

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