The Agriculture Ministry yesterday said Cambodia is still waiting for Vietnamese companies to invest in Cambodia’s cashew, after a Memorandum of Understanding was signed almost a year ago. In January, the ministry signed the MoU with the Vietnam Cashew Association to bolster Cambodia’s cashew production to one million tonnes per year. “They wanted to come […]
Read MoreThe Cambodia Security Exchange (CSX) held a workshop on Tuesday seeking to attract more financial institutions into the country’s burgeoning stock market. To attract the interest of financial institutions, the CSX held a workshop named Business Expansion Through the Security Market to raise their awareness of opportunities for growth on Cambodia’s stock exchange. The event […]
Read MoreThe Ministry of Agriculture is now discussing the Rubber Law with industry players and plans to send a draft to the Council of Ministers for approval next year, according to a high-ranking official. Pol Sopha, director-general of the General Department of Rubber, said the law is now being discussed at the inter-ministry level, including talks […]
Read MoreSizable private sector debt, concentrated economic activities, relaxed underwriting standards and a very weak payment culture could result in the credit risk in the economy to remain extremely high, S&P Global Ratings said in a report yesterday. It found the economic risk in Cambodia’s banking system is to stay high by global standards with an […]
Read MoreThe launch of the 2nd phase of the Phnom Penh Autonomous Port’s (PPAP) container terminal will boost the Kingdom’s waterway shipping through more trade capacity and reduced costs, according to industry insiders. The claims came after the PPAP, listed on the Cambodia Securities Exchange (CSX), officially launched the second step of its container terminal, announcing […]
Read MorePHNOM PENH, Cambodia (AP) – Cambodia’s largest hydropower project officially began producing electricity yesterday as the country tries to increase its energy capacity to reduce energy imports and help jump-start industrial expansion. Cambodian Prime Minister Hun Sen inaugurated the 400-megawatt Lower Sesan II hydropower dam in the northeastern province of Stung Treng. The project, constructed […]
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