AFP – Maritime container freight shipping is steaming ahead through the COVID-19 pandemic, boosted by strong demand for Chinese exports and a shortage of vessels according to industry experts. The Freightos Baltic Global Container Index (FBX), which tracks the cost of container shipping, has almost quadrupled for the China-Europe route since early November to stand at […]
Read MoreThe Ministry of Public Works said on Saturday that the construction of a wastewater treatment plant in Sihanoukville is 93 percent complete. Minister of Public Works Sun Chanthol said during an inspection visit that the wastewater treatment plant will enhance the image of the coastal beach province for tourism and investment. Increasing the capacity of […]
Read MoreThe success of China’s Belt and Road Initiatives (BRIs) in Cambodia will depend on what the project is and how productive it will be, according to experts who have analysed China’s white paper on foreign aid and development. That document, released last month, was light on fundamental details for many projects, including the source of […]
Read MoreThe Food Safety Law is making headway and expected to be enacted later this year, with industry insiders confident the legislation will lure more international investors, spark growth in the reeling tourism sector and chip in to national economic growth. The draft Food Safety Law was prepared in 2015 with 11 chapters and 53 articles […]
Read MoreA desire for increased security and an acute awareness of current health guidelines has generated an uptick in the use of non-cash payments, according to US multinational financial services corp Visa, as measured in its latest Consumer Payments Attitudes survey. Visa Country Manager for Cambodia Chum Monika said: “While the use of cash still dominates […]
Read MoreCambodian imports from Malaysia fell in 2020 to their lowest figure since 2016, according to a news release issued by Malaysia’s Ministry of International Trade and Industry (MITI). Malaysia’s 2020 exports to Cambodia dropped 42 percent year-on-year to $368.5 million, said Mohamed Azmin, the MITI’s senior minister. The pandemic had “directly caused major disruptions to […]
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Thailand
