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Cambodia’s openness helps it connect with Asean

KT: How good is connectivity within Asean and the world? Dato’ Sri Mustapha: Southeast Asia’s ambitious plans to boost region-wide economic integration – and consolidate its position as a key transport, communication and tourism hub – hinge largely on forging stronger transport, regulatory and people-to-people links among the ten members of Asean. Connectivity here focuses […]

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Cambodia: PM to attend Belt and Road Forum

Prime Minister Hun Sen and several of his senior colleagues will attend a regional conference in Beijing hosted by Chinese leader Xi Jinping next weekend, joining leaders from 27 countries. Leaders from 28 countries will attend the Belt and Road Forum in Beijing on Sunday and Monday, an event orchestrated to promote President Xi’s vision […]

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UN-ESCAP: Cambodia will grow at 7%

Cambodia’s economic growth is forecast to continue at a healthy seven percent for 2017-2018, according to a United Nations report released yesterday.  Strong exports by the garment and agriculture industries were at the heart of the rosy outlook in the report published by UN’s Economic and Social Commission for Asia and the Pacific (UN-ESCAP), which […]

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Cambodia: Local coffee sector gets a jolt

Several international and local coffee industry representatives gathered yesterday for the start of a three-day event promoting partnerships and franchising opportunities to satisfy Cambodia’s growing coffee cravings. The exhibition, which will last until May 6, aims to provide a business to business platform to explore growth opportunities in Cambodia’s rapidly growing retail coffee industry. Overall, […]

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Cambodia: Ground broken for oil refinery

After years of delays and setbacks, the Cambodian firm set to operate the Kingdom’s landmark oil refinery finally broke ground yesterday on a $1.62 billion project with an updated completion date set for the middle of 2019. The oil refinery, which will be built on 365 hectares across Kampot and Sihanoukville provinces, was first expected […]

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Cambodian farmers cash in on high cashew prices

International commodity prices for cashew nuts are rapidly increasing due to lower supply from Cambodia and Vietnam which is driving up profits for the Kingdom’s farmers, according to industry stakeholders. The shortfalls of cashew supply into the global market have decreased by around 40 percent this quarter due to lower production in Cambodia and Vietnam, […]

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