Friday, November 16, 2018
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Debra Boyce

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Anticipated Dining Boom Not Panning Out, Say Restaurateurs

Many Phnom Penh restaurateurs may be facing empty tables and declining revenues, but Yildiray Odemus thinks he has something to offer that will have...

Tycoon Plans Cement Plant

The Thai Boon Roong Group, owned by the controversial tycoon Teng Bunma, is to build a $60 million cement plant in Kam­pot province, the...

Economy Forecast to Languish Until 2000

An in-depth report by the Lon­don-based Economist magazine predicts Cambodia’s beleaguered economy will remain stagnant until 2000.  The Economist Intelligence Unit report on the first...

Too Many Peddlers, Not Enough Customers, Vendors Say

While the Water Festival historically has been a boom time for noodle seller Lok Bunny, this year he has had a rocky start. He...

Phone Firms Owe Millions To Ministry

Cambodia’s five mobile phone operators owe more than $10 million to the Ministry of Posts and Telecommunications for unpaid international call charges, senior ministry...

Thai Bank Third to Downsize

The Bangkok Bank is downsizing its Phnom Penh branch, the third foreign bank operating in Phnom Penh to fall victim to the regional economic...

Government Will Try to Stop International Callback Service

A top Posts and Telecom­mu­nications official said this week the government will take action against a new Japanese callback phone service because it is...

Japanese Oil Exploration Firm Relinquishes Off-Shore Rights

After sinking tens of millions of dollars into oil and gas exploration in Cambodian off-shore waters, Japan’s largest oil company is relinquishing the licenses...

RAC Plans New Daily Flights

Royal Air Cambodge on Sun­day will launch a daily Siem Reap-Bangkok flight, becoming the second carrier to operate daily flights on the route. The...

Japan Investments Years Away

Cambodia will have to wait at least another three years before it sees significant investment from Japan, a member of a Japanese trade delegation...

Svay Rieng Market in Limbo

bavit, Chantrea district, Svay Rieng provinces - A $2 million market project here has stalled as its owners wait for Cambodia’s economic climate to...

Pizza Order Strengthens Trademarks

Pizza Hot, one of Cambodia’s best known examples of alleged trademark infringement, will soon be a thing of the past. The Thai-owned restaurant, whose...

Health Tags to Go on Smokes

The Commerce Ministry has ordered tobacco companies operating in Cambodia to buy health warning stickers for cigarette packages. A ministry official said since the...

Politics Stymies Poverty Battle, UN Says

Cambodia’s fight against poverty is losing momentum because of the ongoing political crisis, the head of the UN Development Program warned Monday. “Today real...

Samart, Shinawatra Discuss Cooperating to Share Costs

Two of Cambodia’s mobile phone companies have entered ne­gotiations to share their infrastructure, the Thai daily Bangkok Post re­ported this week. Samart and Shinawatra...

Angel Seeks Siem Reap Flights

Thailand’s new national airline has its eyes on the coveted Bang­kok to Siem Reap route, the Bang­kok Post reported Tuesday. Angel Airlines, which started...

ADB Weighs Highway Loan

The Asian Development Bank next month will decide whether to grant Cambodia a $110 million loan package for work on the country’s highways, an...

Cash-Poor Bank Risks Closure

Thai shareholders in the Cam­bodia Farmers Bank have been ordered to give the bank a cash infusion or risk being closed down, National Bank...

First Floods, Now Drought in Stricken Province

sala rieng village, Svay Chrum district, Svay Rieng province - Mao Phally sits on a bamboo platform outside her wooden house, watching the sky...

Caltex, Mobitel Sponsor New Football League

The US petroleum giant Cal­tex, mobile phone company MobiTel and TV5 will sponsor a new football league slated to kick off on Saturday. The...