Croc farmers urged to look toward Chinese market
Minister of Agriculture highlighted the potential to increase exports of live crocodiles to China while stressing the need to create processing facilities in the Kingdom.
Category: Business
UK announces $43 million in programmes for Asean region
UK Minister of State for Asia to support low carbon transitions and economic reform in the Asean region.
Shipping agency terminated
The Kampuchea Shipping Agency and Brokers has been dissolved.
With aquaculture on the rise, fish production up 6 pct in 2018
Fish production in the Kingdom rose to 910,153 tonnes in 2018, a 6.2 percent increase year-on-year made possible by a rapidly growing aquaculture sector.
Acleda JCB debit card launched
The Acleda JCB debit card was launched in Phnom Penh, the result of a partnership between Acleda Bank and JCB International.
Paddy rice production reaches 7.4 million in 2018
Cambodia produced 7.4 million tonnes of paddy rice in 2018, a 3.5 percent increase, according to the Ministry of Agriculture’s annual report.
Upgrade infrastructure to attract global manufacturing, GMS told
There is a significant need for Mekong countries to upgrade their infrastructure to take on a larger share of global manufacturing.
Salt farmers back in the field
Favourable weather conditions have made it possible for salt production to resume in Kampot and Kep provinces, with producers hoping to harvest at least 100,000 tonnes this year.
Contest yields three winners for best local paddy
The third Best Paddy Competition came to an end Friday, crowning agricultural communities in three provinces for their jasmine, fragrant or IR rice varieties.
Exports to Japan up 27 percent in 2018
Trade with Japan increased significantly in 2018, with exports soaring 27.3 percent and imports growing by 17.8 percent, according to the latest figures from the Japan External Trade Organization (JETRO).
Cambodia, Myanmar direct flight on the table
Cambodia and Myanmar discuss direct flights between Bagan and Siem Reap.
ADB invests $20 mln in climate bond
The Asian Development Bank has invested $20 million in AC Energy’s maiden climate bond issuance, the bank . on Monday.
Australia vows to clean up financial sector after misconduct inquiry
A government-appointed inquiry excoriated Australia’s financial for misconduct.
Cross-border e-commerce pilot zone opens bonded import business to cut price, logistic time
A Chinese pilot zone starts business.
From cars to quakes: Italy’s banks take on insurance
An ageing population and struggling state finances could turn into an unlikely boon.
Fish help fuel bumper cannabis crops for Canadian producer
Green Relief Inc plots a stock market listing and global expansion.
SomJot wins SmartStart Cycle 2
After impressing a panel of judges at the grand final on Thursday evening, SomJot, an app that helps drivers find parking space, was selected as the winner of the SmartStart Young Innovator Programme Cycle 2 and was awarded a trip to Singapore.
RHB names new CEO for Cambodia business
RHB Banking Group, Malaysia’s fifth-largest bank, appointed a new Chief Executive Officer to lead its business in Cambodia’s crowded financial sector.
Flag carrier says China is a priority
Cambodia Angkor Air, the national flag carrier, has made the Chinese market a priority, a company representative says.
Camcontrol removed from borders
The Ministry of Commerce issues a sub-decree that puts an end to the presence of Camcontrol in border checkpoints.
Nissan scraps plan to build new X-Trail model in Britain
Nissan scraps plans to build its new X-Trail SUV in Britain.
Vegetable production up substantially: Minister
Cambodians consumed an average of 540 tonnes of vegetables a day last year: report.
‘Good vibe’ US-China trade talks followed by soybean purchases
The US-China trade talks had a “good vibe”, says a White House economic adviser.
UK would regret no-deal Brexit ‘for ever’: business minister
Britain would permanently regret leaving the EU without a deal, says business minister.
Cambodian, Thai central banks sign deal on QR code scheme
A MoU with the Bank of Thailand to cooperate in a QR code payment system.
Don’t echo fake news, Chea Serey tells business publishers
Business publishers should refrain from joining other media reports to echo news that could potentially harm business confidence or create panic among fund suppliers, credit suppliers and borrowers, said Chea Serey, Director-General of Central Banking at the National Bank of Cambodia.
Local firms express high hopes for India logistics expo
A delegation of Cambodian firms is en route to New Delhi to attend Logix India, a trade fair where they hope to expand their networks in the world’s fastest-growing major economy.
Air deal inked with Finland
Cambodia and Finland reach an Air Service Agreement, paving the way for companies to start commercial flights.
MACA to help Emerald develop Mondulkiri gold project
Renaissance Minerals (Cambodia) Ltd, a wholly owned subsidiary of Emerald Resources Ltd, an Australia-listed mining firm, reached a memorandum of understanding with MACA Limited, to work on a gold project in Okvau in Mondulkiri province.
CIMB launches banking presence in Philippines
CIMB Bank officially launches its presence in the Philippines.
