News

Czech-Cambodian firm EU Land and Pepper Investment Co Ltd has vowed to buy 50 per cent of all produce cultivated by its contracted smallholder growers this year to ramp up exports, with the European market in its sights. ...

Prospects of a formal initiation of free trade agreement (FTA) talks with the Eurasian Economic Union (EAEU) have improved as early talks witness an increasingly positive sentiment, according to Ministry of Commerce spokesman Seang Thay. ...

The prolongation of the Covid-19 outbreak has led to a delay in a feasibility study of building a waste-to-energy (WtE) plant with at least 50MW of total electricity generating capacity near Phnom Penh, according to Ministry of Mines and Energy spokesman Victor Jona. ...

Toronto-listed Asia Green Biotechnology Corp (AGB) has inked a memorandum of understanding (MoU) with the Prek Leap National Institute of Agriculture in Phnom Penh (Prek Leap) to advance production techniques of medicinal and commercial crops. ...

Cassava prices in the provinces bordering Thailand and Vietnam increased during the 2020-2021 harvest season as a result of lower crop yields, according to two top provincial commerce officials. ...

Kampot, Cambodia’s leading salt producing province, is expected to yield less of the commodity than reported last year on adverse weather conditions, provincial Department of Industry, Science, Technology and Innovation director Sok Kim Choeun told The Post on March 8. ...

The private sector welcomed the Ministry of Posts and Telecommunications newest warning to unlicensed or otherwise non-legally-compliant telecoms operators as a necessary building block for sustainable growth in the industry. ...

A global shortage of containers and rising shipping rates during the Covid-19 outbreak has driven up production costs for the Kingdom’s mangoes and eroded their competitiveness on the international market, according to two leading producers-cum-exporters. ...

Singapore-based oil and gas firm KrisEnergy Ltd began extracting crude oil from four additional wells late last month, according to Cheap Sour, a senior official at the Ministry of Mines and Energy. ...

Trade between the Kingdom and Vietnam was worth $3.020 billion in 2020, inching down 1.1 per cent from $3.054 the previous year, according to Ministry of Commerce statistics. ...

The government of Japan has agreed to provide a total of $116,174 in assistance to Cambodia for the development of an eight-lane running track at the National Institute of Physical Education and Sport (NIPES) and for the construction of hand washing stations for six schools ...

Prime Minister Hun Sen has called on the Senate to conduct an online meeting to review and approve the draft law on measures to prevent the spread of COVID-19 and other deadly infectious diseases so that it can come into force as soon as possible. ...

Prime Minister Hun Sen has appealed to relevant ministries to promote social morality, values of women and prevent violence against them. ...

The Ministry of Post and Telecommunications said that 99,224 locations have registered for QR Code “Stop COVID”, calling for other establishments, restaurants, and hotels to do so. ...

Coronavirus cases are continuing to soar and the number has surpassed the 1,000 mark with more than half of them linked to the February 20 Community Incident. ...

Prime Minister Hun Sen has advised all government institutions as well as the legislative body to adopt the work-from-home practices and to have only 10 percent of their personnel stand by at their workplace for a week-long period. ...

Financial institutions that are members of the Cambodia Microfinance Association (CMA) restructured some $1.397 billion in loans for 289,422 borrowers as of February 28 since the National Bank of Cambodia (NBC) on March 27 issued a circular on loan restructuring during Covid-19, according to CMA. ...

Two Bangkok-based business councils have demonstrated their commitment to join forces and ensure frictionless cross-border trade between Cambodia and Thailand amid tightened border controls imposed in the harsh times of the Covid-19 pandemic. ...

Cambodia exported a total of 1,599,922.37 tonnes of major non-milled-rice agricultural products in the first two months of this year, an increase of 569,493.88 tonnes or 55.27 per cent compared to the same period in 2020, according to Minister of Agriculture, Forestry and Fisheries Veng ...

The battle for the hearts (and ears) of Cambodian audiophiles is heating up. During its inaugural week in the Cambodian market, music streaming app Spotify has already rocketed to the top of the nation’s download charts. ...

Data from the Ministry of Commerce showed Cambodia exported $1.086 billion of goods to China, a year-on-year increase of 8.1 percent.  Cambodia’s 2020 imports from China were valued at $7.031 billion, a contraction of 6.9 percent compared with 2019 figures. ...

The Ministry of Commerce has invited businesses that wish to export to China to join a three-day virtual and in-person expo set to be held in eastern China’s Shandong province from April 27-29. ...

Stock-listed utility Phnom Penh Water Supply Authority (PWSA) reported strong growth and solid overall business performance last year despite economic disruptions caused by the Covid-19 pandemic. ...

The Apsara National Authority (ANA) has urged farmers living in the Angkor area to grow dry-season rice crops once per year only to reduce risks of water overuse that could drain too much water from the crucial West Baray. ...