News
New cranes to raise Sihanoukville port’s capacity
State-owned Sihanoukville Autonomous Port received its first shipment of four new rubber-tyred gantry cranes from Japan this week under a $22 million investment plan that aims to expand the seaport’s container throughput capacity by 80 percent, a port official said on December 20. “We received ...
Local firm proposes $100 million aquarium
Local investment company Khmer Holding Group floated a proposal for $100 million aquarium during a meeting with the Ministry of Agriculture, a ministry official said on December 13. Eng Chea San, director-general of the fishery administration at the ministry, said the group discussed the project ...
KrisEnergy ups stake to unclog offshore Block A oil
Singapore-listed KrisEnergy Ltd has upped its stake in the Block A offshore oil field to 95 percent, acquiring the shares of two minority stakeholders who had opposed the Cambodian government’s attempts to renegotiate a revenue-sharing model, the company revealed in its third-quarter filings. The document, ...
China to help modernize military, defense minister says
Chinese aid and expertise—and perhaps some fighter jets—will help modernize Cambodia’s military, Defense Minister Tea Banh said on October 17 as navy vessels from China and the U.S. paid courtesy calls to Cambodia’s ports. Speaking after his return from the 7th Xiangshan Forum, a regional security summit ...
Domestic energy boost reduces reliance on imports
Cambodia’s domestic electricity production grew significantly in 2015, helping to reduce the Kingdom’s reliance on imported energy, the national electricity regulator said in its newly released annual report. According to the Electricity Authority of Cambodia, the Kingdom’s energy generation increased by 46.79 percent in 2015 compared ...
Abuses prevalent for Cambodia's transgender women: study
An overwhelming majority of transgender women on Cambodia’s city streets are subject to “shocking” harassment and abuse, according to a new report from the Cambodian Centre for Human Rights. The report, released on September 21, also shines a light on a disturbing new practice that has allegedly ...
Bank of China to expand operations in Cambodia
Bank of China, one of the five biggest state-owned commercial banks in China, will expand its operations in Cambodia by opening new branches in Siem Reap and Sihanoukville, a local bank executive said on September 6. Chen Chang Jiang, CEO of Bank of China Phnom Penh ...
Ready for a tourism takeoff
Cambodia’s impressive tourism growth has seen new records set year after year at the Kingdom’s three international airports. Cambodia Airports, the French majority-owned company that operates these airports, recently completed major expansions at Phnom Penh and Siem Reap to accommodate the anticipated growth in tourist ...
