NexG plans to raise investment in Cambodia
This was expressed during his meeting with Cambodian Prime Minister Hun Manet on the sidelines of the 46th Asean Summit and Related Meetings here last week.
According to Hanifah, NexG is offering its expertise in the provision of high-security digital identity documents, while the logistics sector is being offered through MMAG Holdingd Bhd, in which NexG holds a 19 per cent stake.
Hanifah stated that his group's core operations lie in information and communication technology, with a specific focus on digital security.
He noted that MMAG is already involved in logistics services at the Siem Reap-Angkor International Airport.
He added that the group plans to expand its operations and invest further in Cambodia's growing digital economy.
The prime minister praised NexG's vision and outlined the Cambodian government's strategic push to enhance the logistics sector through improvements to key infrastructure.
This includes the expansion of the Sihanoukville deep-sea port and the development of airports and road networks.
He also emphasised the government's priority on digital transformation during the 7th Legislature, describing it as a national priority aimed at modernising the economy and attracting foreign investment.
NexG said the prime minister encouraged all interested Malaysian firms to continue close cooperation with Cambodian institutions, emphasising his government's commitment to fostering a transparent and investor-friendly environment that supports long-term economic growth.
Lim Heng, vice president of the Cambodian Chamber of Commerce, told the Khmer Times that Cambodia's proactive investment promotion led by Hun Manet had been praised by business leaders following his recent engagement with potential investors during the Asean meetings in Malaysia.
"The prime minister consistently attracts investors. During the Asean meetings in Malaysia, many companies, especially representatives from various countries' chambers of commerce, brought potential investors to meet with the prime minister and received guidance on exploring investment opportunities in Cambodia," he said.
Heng added that such efforts reflect the leadership's commitment to nurturing a pro-investment climate.
"Meeting directly with companies that are still uncertain about Cambodia helps them gain a better understanding of the country and boosts their confidence to invest, especially with the pime minister's personal assurances," he said.
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The Star
2 hours ago
- The Star
MATTA: Rethink road crash rulings
Expert insight: Subramaniam (left) and Wong at the press conference in Kuala Lumpur. — LOW LAY PHON/The Star KUALA LUMPUR: A recent Transport Ministry directive over the suspension of vocational licences of commercial vehicle drivers involved in road accidents has raised the concern of Malaysian Association of Tour and Travel Agents (MATTA). Its president Nigel Wong said the ruling will affect tour bus drivers and lead to complications involving labour laws such as the employment of drivers and the continuation of their salaries. He also expressed concern over a circular issued by the Tourism, Arts and Culture Ministry (Motac) that travel agents will be required to submit a report within 24 hours of an accident. Their operating licences will be revoked if they fail to do so. Wong said the recent spate of accidents of both licensed and unlicensed buses and whether or not the vehicles carried tourists had left an impression that all the cases involved tour buses. 'Investigations should be conducted first before deciding where the burden of fault lies. 'There could be many factors that may cause an accident, including those unrelated to the vehicle or its driver, such as road conditions,' he said at a press conference here yesterday. 'We stand behind the government in ensuring a safe tourism and transportation ecosystem, and emphasis on the quality of drivers and road safety. 'However, when such accidents occur, there should not be any knee-jerk reactions. There is a rule of law and a process to be followed. A 24-hour time frame to submit a report is not reasonable. 'The industry needs support and understanding while we try to better ourselves rather than being imposed with additional regulations. 'There should be a holistic approach by improving processes as a whole for the tourism industry,' said Wong. He urged the relevant agencies to hold discussions and cooperate with industry players to iron out the grey areas and lack of clarity in the rulings, which has left tourism businesses in a quandary. Meanwhile, MATTA vice-president of land transportation Subramaniam Kandasamy said the government should reconsider the rulings on one-day submission of reports and the suspension of driving licences. 'Because of the fault of one driver, shutting down a whole company will affect the livelihood of other staff and their families. 'As for the suspension of licences, does the company continue paying a driver because a report can be lodged with the Labour Department if he does not get paid? These are the ripple effects that may arise from such rulings,' Subramaniam said. He urged the government to engage industry players for a solution that benefits all parties. Separately, Wong commended the Transport Ministry over new laws that forbid taxi touts from carrying out their activities at Malaysian airports, including KL International Airport. He said the move is timely and a stern message to illegal taxi operators. On July 6, Road Transport Department (JPJ) director-general Datuk Aedy Fadly Ramli said vocational licences of commercial vehicle drivers involved in crashes will be suspended until investigations are completed. They comprise the Public Service Vehicle licence for passenger vehicles and Goods Driving Licence for goods vehicles. In a circular issued by Motac last month, travel operating business and travel agency business permit holders are required to submit a report with the ministry on any road accident involving their tour vehicles within 24 hours of the incident. The ministry said failure to comply with the ruling may result in the revocation of the permit without notice.
The Star
2 hours ago
- The Star
Thai authorities move to clip the wings of Cambodia's casino kingpin
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While cross-border crime didn't start in 2025, Thais have endured its consequences for years. Now, with alliances broken and truths exposed, the question remains—will justice finally follow? - The Nation/ANN
Malay Mail
2 hours ago
- Malay Mail
Asean must deepen integration amid US tariffs and global uncertainty, Singapore foreign minister tells regional colleagues
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