Indian-owned Mesco Gold (Cambodia) has shown a potential for gold refinery investment in a licensed area in Ratanakiri province’s Oyadav district, according to the Ministry of Mines and Energy, citing that the firm is building some significant infrastructure. The move came after the company halted works on its processing plant installation at its Phum Syarung […]
Read MoreChina’s plan to stop building coal-fired power plants in other countries is an opportunity for Cambodia to switch to a mix of sustainable options, according to speakers at an online climate conference.Cambodia Climate Change Summit 2021 was organised by Mekong Future Initiative and supported by the Ministry of Environment. One hot topic was Chinese President […]
Read MoreThe World Bank has revised its economic forecast for Cambodia down to 2.2 per cent this year, from a higher expectation of four per cent in April amid a rapid rise in new daily coronavirus infections and deaths, spurred by the more transmissible Delta variant. The prediction and revision are nearly parallel to the Cambodian […]
Read MoreThe bilateral trade between Cambodia and Thailand was valued at $5,238 million in the first eight months of this year, inching up 3.14 percent compared with the same period last year. Figures from Thailand’s Ministry of Commerce showed that from January to August Cambodia exported $623 million worth of products to Thailand, a year-on-year decrease […]
Read MoreThe tripartite meetings to decide the 2022 garment factory minimum wage will resume today amid stalemated negotiations. Unions have warned of demonstrations if the talks do not result in a resolution. Labour Ministry Committee for the Resolution of Strikes secretary general Tes Rukhaphal told Khmer Times yesterday that staging street protests during the Covid-19 pandemic will not […]
Read MoreVietnam earned $3.15 billion from exporting goods to Cambodia in the first eight months of 2021, up 16.7 percent year-on-year. However, Vietnam reported a trade deficit of $354.4 million with Cambodia in the reviewed period. One of the reasons behind the trade deficit was increases in import turnover of six main products from Cambodia compared […]
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