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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

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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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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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Chang Bunleang, operation manager and one of the founders of Brown, was nominated by the US Embassy in Phnom Penh to participate in the International Leadership Program, a business event initiated by US President Barak Obama three years ago. The program is aimed at linking young entrepreneurs in small and medium-size enterprises from countries around the world with US businesspeople. Before departuring this week, the 27-year-old took the time to talk to the Post’s Rann Reuy about his business and nomination opportunity.

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The co-founder of file-sharing website The Pirate bay, Swedish national Gottfrid Svartholm Warg, will be deported within the next two days police officials said yesterday.

Mr.Svartholm Warg, 27, who was arrested more than ten days ago at Sweden’s request, had been living in Cambodia in order to avoid a one year jail sentence back home for internet privacy, as his site allowed users to download movies, music and computer games free of charge.

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At the request of the Swedish government, Cambodia police on Thursday arrested Gottfrid Svartholm Warg a Swedish national and co-founder of the popular files-sharing website The Pirate Bay, who had been living in Phnom Penh to avoid serving a prison sentence back home  for online privacy.

While Cambodia and Sweden do not have an extradition treaty, police said yesterday that they were waiting for court documents from Sweden and would then consider what action to take regarding 27-year-old Mr. Svartholm Warg, who is being held at the Interior Ministry."

“We followed the request from the Swedish government. I think he committed a cyber-crime in verdict of the Swedish government,” said Kirth Chantharith, National Police spokesman.

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