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Business

Cambodia has appealed to Germany – a country renowned for its skilled technicians and engineers – to provide vocational training to support the Kingdom’s growing industrial sector, a Commerce Ministry official said yesterday.

People look at a new Land Rover at the official opening of a dealership showroom in Phnom Penh in 2014.
Fri, 24 June 2016

RMA says all divisions reporting strong sales

RMA Cambodia, which runs businesses in the automotive, heavy equipment and food and beverage sectors, experienced strong growth in the first half of the year, a company executive said yesterday.

A Royal Railway train sits at the station in Phnom Penh in April.
Fri, 24 June 2016

Interest shown in Siem Reap rail connection

Private sector companies have expressed interest in building a high-speed railway to connect Phnom Penh to Siem Reap and the Thai border town of Poipet, Transportation Minister Sun Chanthol announced yesterday.

Vehicles travel along National Road 1 on the outskirts of Phnom Penh last year.
Thu, 23 June 2016

Tax authority sets window for road tax compliance

The General Department of Taxation (GDT) announced yesterday that the government will collect annual road tax payments from July 1 until November 30.

Thu, 23 June 2016

Arbitration body gets its second commercial case

The National Commercial Arbitration Centre (NCAC) has received its second case since becoming fully operational in early 2014 – and has a lot riding on resolving the commercial dispute, its president said yesterday.

Tourists walk through the grounds of the Angkor Wat archaeological complex in Siem Reap.
Thu, 23 June 2016

More tourism awards a boon for the sector

Cambodia has been successful in transforming its image in the eyes of the world from a country of war and tragedy to one of spectacular cultural treasures and natural beauty, which has helped it create a thriving tourism industry, P

A tug boat moves into position with a Hyundai container ship in the Port of Los Angeles in 2013. Bloomberg
Thu, 23 June 2016

South Korean cargo line aims to double shipments

The volume of goods shipped has grown steadily in the three months since South Korean sea shipping line Hyundai Merchant Marine began calling at Sihanoukville port, and cargo sizes are expected to double in the coming month, a local company representative said yesterday.

Wed, 22 June 2016

Battambang gold mine to remain shut after inspection

The Ministry of Mines and Energy ordered a Cambodian-Vietnamese gold mining operation to remain shut yesterday after a site visit revealed that the company had failed to comply with mining regulations, a ministry official said yeste

Wed, 22 June 2016

PPAP net profit up 26% in Q1

Listed port operator Phnom Penh Autonomous Port (PPAP) reported increases in both revenue and net profit during the first quarter of the year, it said in a filing to the Cambodian Securities Exchange (CSX) yesterday.

An excavator works on the construction of a Royal Group port on Koh Rong island off the coast of Preah Sihanouk province in May. RFA
Wed, 22 June 2016

Koh Rong development plan tied up in red tape

The Royal Group’s $30-million luxury resort on Koh Rong island will not be completed on schedule as the company has faced numerous port development issues and, according to company management, a snarl of red tape.