Singapore-based KrisEnergy, which operates Cambodia’s offshore Block A, has awarded a $21.7 million contract to Keppel Shipyard Ltd for the Kingdom’s oil development, its press release issued on Friday said. KrisEnergy announced that its wholly-owned subsidiary, SJ Production Barge Ltd, has contracted Keppel Shipyard Ltd for the modification and upgrading of its production barge for […]
Read MoreMoody’s Investors Service Inc said Cambodia is among East Asian countries that could benefit from the relocation and investment by firms looking to reduce their exposure to US trade policy uncertainty in the face of a worsening US-China trade war in 2019. In fact, it is less affected by the trade restrictions because its exports […]
Read MoreEyeing to develop and commercialise the largely unexplored bamboo market, Malaysia-based Global Innovation & Entrepreneurship Foundation (GIEF) yesterday signed a memorandum of understanding on cooperation with the Cambodian Ministry of Agriculture. Agriculture Minister Veng Sakhon said the agreement represents an achievement by the ministry in attracting foreign investment in the agriculture sector. “Bamboo has the […]
Read MoreFour licensed cement factories in the Kingdom produced 3.6 million tonnes of the product in the first nine months of the year. Another two will activate their production lines before December, says the Ministry of Industry and Handicraft. The ministry said total production from the four factories was 3,671,416 tonnes. They were Kampot Cement with […]
Read MoreIn a bid to boost trade with Asean countries, the Ministry of Commerce has started work on a plan that would allow special economic zones located near the border to issue certificate of origins to traders. Technical assistance will be provided in order to build up the capacity of local commercial officials and staff at […]
Read MoreHopes of a direct flight between Cambodia and India were re-kindled this week, with the Indian Ambassador announcing that the flight is expected “soon”. In a meeting on Monday in Phnom Penh, Ambassador Manika Jain told Mao Havannal, Secretary of State for Civil Aviation, that India “has plans to operate a direct flight to Cambodia” […]
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