New taxi firm launches

CAMBODIA’S second taxi company began operations in the capital Monday with a fleet of 20 vehicles. South Korean-owned Trans Choice Cambodia Co has earmarked US$3 million to set up the company and has already spent $500,000 to buy its starting fleet and employ and train 60 drivers, company spokesman Din Radeth said.

The company, which is operating under a 20-year licence from the government, will go head-to-head with Global Trade Development (Cambodia) of China, the Kingdom’s first metred taxi service – and the city's tuk-tuks and motodops – for passengers.