Brazil’s Odebrecht banned for 2-1/2 years
Mexico has banned state governments from doing business with Brazilian Odebrecht.
Category: Business
Commodity stocks lift FTSE to 10-week high; pricing worries hit Unilever
The UK’s top share index rose.
Buy a pencil, educate a child: British firms boost spending on businesses doing good
About 10 big companies participated.
Canned drinks maker to expand production
Crown Holdings will construct a third beverage can line in its Phnom Penh.
Korean bank plans to open doors
South Korea’s Industrial Bank of Korea (IBK) has announced it will open a representative office in Phnom Penh this year.
New airlines drive passenger growth
Cambodia’s three main international airports welcomed about three million passengers in the first quarter of the year.
Farming to be transformed by 2030
Cambodia has set a target of modernising the agricultural sector to make it more competitive with high productivity.
Chinese airline adds Siem Reap route
Chinese carrier Guangxi Beibu Gulf Airlines plans to add flights from Nanning city in southern China to Siem Reap.
Khmer New Year sparks tourist exodus
About 5.2 million Cambodians took domestic tours during three-day Khmer New Year.
Ministries team up to boost silk industry
Two government agencies sign an agreement to boost and develop the silk sector.
Second strike for gold prospector
Geopacific Resources announces it had made a second gold discovery in the Prospect 181 area of the Kou Sa project.
NBC prepares for 19th LPCO
The National Bank will release about 120 billion riel to bid in the 19th liquidity-provided collateralised operation.
CDC to issue factory certificates
The Development Council grants permission for three more companies this month to build new garment factories.
Starbucks to close 8,000 US stores for tolerance training
Starbucks Corp will close 8,000 company-owned US cafes for the afternoon on May 29.
Warner Bros’ $1 bln theme park in Abu Dhabi to open
Abu Dhabi to open a $1 billion Warner Bros theme park in July.
Sour Whiskey? China whiskey importers fret over US trade battle
China’s overall market was worth $611.5 million in 2016, according to IWSR,
President Mnangagwa says new investment law to open economy
A new investment law in Zimbabwe to open up the economy to foreign investors.
Preparing Cambodia’s most beloved sweetner in Siem Reap
Pai Ri stirs boiling sap hunched over a large metallic pan that sits on a fire.
Chinese firm plans aquaculture investment
Chinese-owned Jin Yu Tang Aquaculture plans to invest $100 million in freshwater.
WB puts GDP growth at 6.9 percent
The economy will grow at a rate of 6.9 percent in 2018, according to the latest report from the World Bank.