Petroleum imports surge on economic growth

A resurgent economy and efforts to crack down on smuggling have led to a large increase in petroleum imports, according to experts. Cambodia has imported 756,139 tonnes worth US$692 million in the first half of the year, from 440,607 tonnes worth $296 million in the sixmonth period in 2010, Ministry of Commerce statistics obtained yesterday show. University of Cambodia Economics lecturer Chheng Kimlong said the increase augured well for the Kingdom’s economy.