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Cambodia: Discussion on petroleum law resumes

With the first drop of crude oil from the Apsara oilfield expected by next year, officials gathered on Thursday to discuss the much-awaited law on petroleum. Representatives of the Ministry of Mines and Energy, the Ministry of the Environment and the Ministry of Justice were in attendance during the meeting to discuss a piece of […]

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Cambodia: PPSEZ lays out diversification plans

Phnom Penh SEZ Plc, the kingdom’s leading economic zone, announced last week plans to diversify its revenue after revealing less-than-satisfactory financial results for 2017. Total revenue in 2017 equalled $9.1 million, a decrease from the previous year’s $9.4 million, according to Fong Nee Wai, PPSEZ’s chief financial officer, who spoke during the company’s annual general […]

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Cambodia: Farming to be transformed by 2030

Cambodia has set a target of modernising the agricultural sector to make it more competitive with high productivity in the next twelve years, Agriculture Minister Veng Sakhon says. The government’s vision in 2030 sees agriculture transformed to make it more competitive in the market, and to be sustainable to ensure food security, safety, and nutrition […]

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Cambodia: NBC prepares for 19th LPCO

The National Bank of Cambodia said it will release about 120 billion riel (about $30 million) for commercial banks and microfinance institutions to bid in the 19th liquidity-provided collateralised operation (LPCO). Bidding will be on April 24. Of the total, 40 billion riel or $10 million will be for LPCO maturities for three months. The […]

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