Three companies granted rights to collect and transport garbage in Phnom Penh commence their duties today, according to Phnom Penh City Hall. The announcement cited that some inconvenience in service level is expected initially. The official start of the new garbage collection system comes nearly two years after the government revoked the licence of Cintri, […]
Read MoreCambodia’s only bourse-listed garment manufacturer, Grand Twins International (Cambodia) Plc (GTI), released a first quarter disclosure after market close on Monday, after a lengthy delay blamed on April’s lockdowns. Pre-tax profit for the firm fell by 49.77 percent over the same period last year to $97,646. Revenue increased by 6.73 percent to $32.731 million, which […]
Read MoreThe government is drawing up a national policy to strengthen Cambodia’s capacity to grow, process and export cashew products. The Ministry of Commerce (MoC) held an internal meeting to review and collect input on the draft. It was chaired by the ministry’s Secretary of State Reach Ra, who is also deputy chairman of the Cambodian […]
Read MoreEconomic recovery across the Asia-Pacific region is likely to be patchy, with some countries seeing higher growth than their neighbours, thanks to a faster roll out of Coronavirus vaccines, according to Moody’s Analytics. It says well-managed Covid-containment policies will also help some Asian economies rebound, even as governments ease stimulus spending, while countries that have […]
Read MoreData out this week may add to evidence that the region’s manufacturers are getting more confident as domestic demand and exports recover from the impact of the Coronavirus. China’s Purchasing Managers Index is forecast to rise to 51.4 this month, from 51.0 in May, according to Moody’s Analytics. The figures are released tomorrow. The PMI […]
Read MoreAn Asia-wide trade agreement likely to come into force by next year may cut Cambodia’s exports and lead to a surge in imports, according to some economists. Others are more upbeat about the trading outlook for the Kingdom. The Regional Comprehensive Economic Partnership (RCEP) will be the world’s largest free-trade bloc. After eight years of […]
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