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Cambodia: Road to be upgraded with loan from Thailand

Thailand plans to lend Cambodia 1.2 billion baht ($39.7 million) next year to build a 131-kilometre road linking both countries. In a report in The Bangkok Post, Perames Vudthitornetiraks, president of the Neighbouring Countries Economic Development Cooperation Agency, said Thailand is planning to disburse 8.5 billion baht in loans next year to Cambodia, Myanmar and Laos. […]

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Cambodia: SIM card and internet users rise

More than 2.54 million SIM cards were registered during the first 10 months of the year while the number of mobile internet users grew by 3.3 million, according to the latest report from the Telecommunications Regulator of Cambodia (TRC). The number of total registered SIM cards reached 22 million as of October, 135 percent of […]

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Thai hotel operator eyes Cambodia investment

Cambodia is among several countries in Southeast Asia where Lebua Hotels and Resorts is planning to expand its operations. Travel industry news site Skift reported this week that the Thailand-headquartered luxury hotel and restaurant operator is planning for a public listing either in Bangkok or Singapore in preparation for its eventual expansion into other parts […]

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Cambodia: More border markets announced

Prime Minister Hun Sen yesterday announced plans to build two more markets along the border with Vietnam to boost trade. The announcement was made during the launch of the first market in the shared border with Vietnam. Da Market, a project funded with $2 million from Vietnam, is located in Tboung Khmum province’s Da commune. […]

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Cambodia: Car rental giant enters local market

The US car rental giant Hertz has entered the Cambodian market via a partnership with City Link Transportation (Cambodia). A report in TTG Asia this week said Hertz Asia has named City Link Transportation (Cambodia) as its franchise partner. City Link Transportation (Cambodia) is among the leading transportation and car rental companies in the Kingdom. […]

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Cambodia: Online crackdown continues

Prime Minister Hun Sen has vowed to clamp down on all online and arcade gambling operations in a move to safeguard national security and curb money laundering in the Kingdom. Speaking at an opening of the Sea Festival in Kampot province on Saturday, Mr Hun Sen said that the Kingdom will face issues of national […]

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