Luang Prabang: The foreign ministers of the six Mekong countries met here yesterday to deepen cooperation and discuss the latest developments and implementation of previous meeting outcomes at the 4th Mekong-Lancang Cooperation (MLC) Foreign Ministers’ Meeting. The meeting was co-chaired by the Lao and Chinese foreign ministers. Participants exchanged views on future activities under Mekong-Lancang Cooperation, […]
Read MoreCheap Sour, the director-general of the General Department of Petroleum at the Ministry of Mines and Energy, said Cambodia will be ready to commercially produce oil in early 2020, while exportation may also be in the pipeline in the future. “Once crude oil is pumped into the refinery, the next step will be the sale […]
Read MoreWing (Cambodia) Limited Specialized Bank and the Cambodian Commercial Bank, a subsidiary of Thailand’s Siam Commercial Bank (SCB), yesterday signed a partnership deal that paves the way for the creation of money-transfer services with Thailand. An inward money-transfer service between Wing and CCB will be introduced in the next three months, while transfers to Thailand […]
Read MoreThe Consumer Protection Law is expected to be approved by the Council of Ministers early next year, according to the Ministry of Commerce. Two other key pieces of legislation – the Competition Law and the E-commerce Law – are also expected to be passed next year. Mao Thora, Secretary of State at the Minister of […]
Read MoreCambodia continues to wait on Thai officials to be ready to sign the agreement on cross-border rail transportation, with the upcoming elections in Thailand likely to delay the process even further, according to a Cambodian public official. Both countries already concluded negotiations on the issue of the cross-border transport of goods and people, however the […]
Read MoreCambodia is now one step closer to finalising its next productivity strategy, with a study on the first stage of its development published yesterday. The overarching goal of the national productivity strategy for the years 2020-2030 will be to achieve upper-middle income economic status by the year 2030. To develop the policy, the government is […]
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