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Cambodia, Oz to bolster trade, investment

Cambodia and Australia have reaffirmed their commitment to further boosting trade, investment and cooperation, especially on post-Covid recovery initiatives in all areas, according to the Ministry of Commerce on March 11. The commerce ministry noted in a statement that the pledge was made during a meeting held at the ministry on March 10 between Minister […]

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Laopec: The first modern petroleum refinery in Laos

Lao Petroleum and Chemical Co Ltd (Laopec), located in the Saysettha Development Zone in Lao capital Vientiane, has invested more than $200 million in a petroleum refinery. Laopec launched the first phase of production of its three million tonnes a year refinery in December 2020, which has created job opportunities for local people and generated […]

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Malaysia: Industrial output growth projected

PETALING JAYA: MIDF Research expects industrial output to grow at 4.3% this year on the back of sustained expansion in external demand and growing domestic spending. “We assume the diminishing low base effect will bring the pace of Industrial Production Index growth to a more normal level. “Looking at the increase in the manufacturing Purchasing […]

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