Two Bangkok-based business councils have demonstrated their commitment to join forces and ensure frictionless cross-border trade between Cambodia and Thailand amid tightened border controls imposed in the harsh times of the Covid-19 pandemic. On behalf of the Cambodia Business Council (CBC) which is slated to be launched by the Cambodian embassy in Bangkok in the […]
Read MoreIn its “Avoiding Atlantis” report, Hong Kong nonprofit initiative China Water Risk (CWR) is calling for “bankers to be heroes” as rising sea levels threaten trade in the Asia-Pacific (APAC) region. “Besides Beijing, Kuala Lumpur, Vientiane and Phnom Penh, all other APAC capitals are coastal, as are other economic hubs… The region is heavily reliant […]
Read MoreThe border market set for construction in Kampot province is close to breaking ground with preparation at the market’s site under way. Pan Sorasak, Minister of Commerce and Chev Tay, governor of Kampot have made a joint visit to the location in Thgov village, Russei Srok Khang Koeut commune, Kampong Trach district, Kampot province to […]
Read MoreRetail petrol prices in Cambodia have soared since the beginning of this year, with observers suggesting that momentum in the world’s ongoing Covid-19 vaccination schemes has driven up international crude oil prices. The retail selling price of petrol in the Kingdom from March 1-15 has been set at 3,700 riel ($0.91) per litre of regular […]
Read MoreLogistics industry insiders in the Kingdom have not seen evidence of imports and exports growing noticeably in early 2021 but are hoping to see that change as the availability of COVID-19 vaccine inoculations widens in the country and region. Sin Chanthy, president of the Cambodia Logistics Association (CLA), concurs, saying that activity in the sector […]
Read MoreThe government of Japan has announced the extension of its official development (ODA) assistance grant to Cambodia. The extension, in the amount of $10.8 million, is earmarked for the project developing a vessel traffic system for Sihanoukville Port. The signing of the ODA grant was made separately from an exchange of notes conducted virtually between […]
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