Cambodia

February 5, 2014 - 9:00am

The operator of Cambodia’s three international airports recently received more than $100 million for upgrades in an effort to accommodate strong passenger growth driven by the country’s nascent tourism industry.

December 9, 2013 - 12:05pm

Talks between Cambodian telecommunications, banking and property tycoon Kith Meng and Philippine Airlines (PAL) over a new Cambodian flag carrier called Cambodia Air have intensified following their failure to realize plans to close on a deal on October 15.

On April 25, PAL’s board agreed to acquire a 49-percent stake in Cambodia Air, now solely owned by Meng’s company, Inter Logistics (ILC).

 
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