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With competition rife in Cambodia’s telecommunication market, two of the country’s largest mobile phone operators have engaged in a battle over prices and are at odds over the tactics being used to gain market share.

On Friday, the Telecommunication Regulator of Cambodia (TRC) ordered all mobile phone companies to abide by a 2009 law that sets minimum prices for the cost of a call.

Smart, which the Malaysia-based firm Axiata Group Bhd owns, says the government decision is unfair to consumers and goes against the notion of a free market. But MobiTel, which is owned by the Cambodian conglomerate Royal Group, says Smart has offered deals so cheap it has engaged in unfair business practices.

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U.S. fast-food chain Burger King, which opened its first restaurant in Cambodia at Phnom Penh’s airport last month, plans to open another in the city before the end of the year, a representative of the company holding the franchise for the chain said Friday.

 

Source: accordance The Cambodia daily

 

A worker stands beside an advertisement for Burger King at the Phnom Penh International Airport on Thursday. (Siv Channa)

Burger King to Open at Phnom Penh Airport

Advertisements have gone up at the Phnom Penh International Air­port bearing the famous Burger King logo, with a message saying that the chain is “Coming soon.” The outlet is going up on the perimeter of the airport terminal build­ing, next to the existing Pizza Company and Dairy Queen outlets.

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CityLife is Cambodia’s premier FREE guide magazine, bringing good reading to all those in Phnom Penh and around town who like to keep their finger on their city’s pulse. Every two months, a glossy new volume of CityLife delivers fresh information on the best restaurants, bars, cafés, places, attraction, shop and many more in your neighborhoods and right across town. With its engagingfeature stories, lively reviews and sparkling photography, CityLife has become the essential reference for countless Cambodia residents, business people and visitors.

CityLife is Cambodia’s premier FREE guide magazine, bringing good reading to all those in Phnom Penh and around town who like to keep their finger on their city’s pulse. Every two months, a glossy new volume of CityLife delivers fresh information on the best restaurants, bars, cafés, places, attraction, shop and many more in your neighborhoods and right across town. With its engagingfeature stories, lively reviews and sparkling photography, CityLife has become the essential reference for countless Cambodia residents, business people and visitors.

Cambodia CityLife issue 13

CityLife is Cambodia’s premier FREE guide magazine, bringing good reading to all those in Phnom Penh and around town who like to keep their finger on their city’s pulse. Every two months, a glossy new volume of CityLife delivers fresh information on the best restaurants, bars, cafés, places, attraction, shop and many more in your neighborhoods and right across town. With its engagingfeature stories, lively reviews and sparkling photography, CityLife has become the essential reference for countless Cambodia residents, business people and visitors.

The International Monetary Fund (IMF) projected that Cambodia will have a very low inflationary rate to 3.5 per cent this year, which is 0.1 per cent below the goverment’s new revision but 0.5 per cent higher than the Asian Development Bank (ADB).
Olaf Unteroberdoerster, senior economist for the IMF’s Asia Pacific Department, conducted a mission trip to Cambodia between September 25 to October 5 to meet with government officials and other relevant stakeholders to evaluate  the development of the Cambodian economy.

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