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Cambodia to increase visa fees

Starting October 1, visas for foreigners entering the Kingdom will be raised by 10, according to the Ministry of Foreign Affairs. Under the new system, those going on for a vacation will have to pay $30, while those on a business trip will have to pay $35. The increase was approved based on the cost […]

Singaporean firm acquires shares in offshore oil and gas

Singaporean company KrisEnergy Ltd will boost its shares in Chevron’s offshore block of oil and gas in a section of the Gulf of Thailand. Under a $65-million agreement, the company’s shares in Cambodia Block A will increase from around 25 percent to over 50 percent, giving it about 5.4 million barrels of oil once production […]

Asma opens hotel, café, design showroom

Asma has opened a café, hotel and design showroom in the previous ACE premises. Owned by Asma architects Ivan Tizianel and Lisa Ros, the brainchild behind Kantha Bopha’s conference centre, AHA restaurant and Bodia Spa, and engineer Bun Yalin, Pages offers Pages Rooms, Pages Design, Pages Café and office rental space Open Pages. The place’s […]

US energy companies plan $900m projects

US-based energy companies are eyeing to develop two large-scale power-generation projects amounting $900 million. Representatives from Sun Edison and Willowbrook Company recently met with Commerce Minister Sun Chanthol to present plans for a 200-megawatt solar power plant worth $400 million. Once approved, the 500-hectare solar power plant will likely begin next week and be completed […]

SMEs urged to boost efforts against corruption

Small- and medium-sized enterprises (SMEs) have to strengthen self-regulatory efforts against corruption to help promote a stronger business environment, said NGO Transparency International (TI) Cambodia. Companies can help abolish corrupt practices by developing and abiding by a rigorous set of internal rules, said Preap Kol, executive director of TI Cambodia. “With corporate integrity, the entrepreneurs […]