Cambodia has seen the successful sale of carbon credits in the global voluntary carbon market, earning $11.6 million from 2016 to 2020, a senior official said on Saturday. Ministry of Environment’s secretary of state and spokesman Neth Pheaktra said the kingdom has sold three carbon credit projects at the Keo Seima Wildlife Sanctuary in Mondulkiri […]
Read MoreThailand exported over 1 million tonnes of fruit valued at 92 billion baht to China during the first half of this year, according to government spokesman Thanakorn Wangboonkongchana. He said Prime Minister Prayut Chan-o-cha aims to ramp up exports in various sectors and has laid down a policy to support fruit sales overseas. Between January […]
Read MoreFuel price rises are putting the airline industry under strain, hindering the business recovery of leading wings and heralding no profits. According to Dinh Viet Thang, head of the Civil Aviation Authority of Vietnam (CAAV), domestic air carriers are still losing around $4.3 million a month. “At the moment, Vietnamese airlines have recovered flights and […]
Read MoreMANILA, Philippines — The Philippines is facing downgrade pressure due to the scarring caused by the pandemic, the expected slower economic growth in China and the impact of the Russia-Ukraine war, according to Fitch Ratings. In a report, the debt watcher said further COVID outbreaks in China could affect other countries’ credit profiles in the […]
Read MoreCambodia’s banking industry enjoyed robust growth in both loans and deposits in the first half of 2022, according to the latest report of the National Bank of Cambodia (NBC) on Saturday. Outstanding loans rose by 23.4 percent year-on-year to $51.5 billion by June this year, while customers’ deposits increased by 16 percent to $42 billion, […]
Read MoreThe vehicle rental business recovered in the first half of this year as private companies and government units opted to hire vehicles, instead of making purchases or using hire purchase, to reduce their costs. According to Deputy Commerce Minister Sinit Lertkrai, flourishing delivery services have also stimulated the growth of the vehicle rental business, as […]
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