‘SAFE VEGETABLE’ MOU INKED WITH JAPAN FIRM FOR THE DOMESTIC MARKET AND EXPORT
The Ministry of Agriculture, Forestry and Fisheries on Wednesday signed a Memorandum of Understanding (MoU) with Japan’s Yamato Green Co Ltd on the cooperation, investment and development of the Kingdom’s ‘safe vegetable’ sub-sector for the domestic market and export. The…
Read more500-HECTARE INDUSTRIAL PARK IN KAMPONG SPEU PROVINCE (ALONG THE NATIONAL ROAD 51)
The chairman of Canadia Bank and Overseas Cambodia Investment Corp (OCIC) said his company is developing a 500-hectare industrial park in Kampong Speu province (along the National Road 51). Chairman Neak Oknha Pung Kheav Se said the company is now…
Read moreINDUSTRY INSIDERS ARE HOLDING OUT HOPE THAT MONEY WILL RETURN TO SIHANOUKVILLE ONCE COVID-19 IS CONTAINED
A ban on online gaming towards the end of last year followed by the emergence of Covid-19 as a pandemic has not boded well for the real estate market in Sihanoukville, which has gone from boom to bust. The market…
Read moreINVESTMENT CONTINUES TO POUR INTO CAMBODIA’S TOURISM SECTOR AND HOSPITALITY INDUSTRY
Investment continues to pour into Cambodia’s tourism sector and hospitality industry, setting an optimistic mood that the Kingdom will soon welcome back international visitors. The Council for the Development of Cambodia (CDC) has approved local company Sun and Moon Hotel…
Read moreCRF TO NEGOTIATE WITH HIS CHINESE COUNTERPART FOR CASH-SETTLEMENTS IN RIEL AND YUAN CURRENCIES FOR EXPORTS OF RICE
Cambodia Rice Federation (CRF) vice-president Chan Sokheang plans to negotiate with his Chinese counterpart for cash-settlements in riel and yuan currencies for exports of milled rice. The move is intended to facilitate payments and boost exports. Sokheang told The Post…
Read moreCAMBODIA EXPORTED ELECTRICAL EQUIPMENT, MACHINERY AND MECHANICAL APPLIANCES WORTH IN TOTAL US$264.89 MILLION
Cambodia exported electrical equipment, machinery and mechanical appliances worth in total US$264.89 million to foreign markets in the first four months of this year, according to a report from the Ministry of Commerce. The figure represented an increase of over…
Read moreCAMBODIA AND INTERNATIONAL RICE RESEARCH INSTITUTE (IRRI) PARTNER TO MODERNIZE, ACCELERATE RICE SECTOR
The Ministry of Agriculture, Forestry and Fisheries and the International Rice Research Institute (IRRI) have partnered to strengthen the cooperation in modernising and enhancing the rice sector. The agreement on a four-year Collaborative Work Plan for 2020-2023 was signed by…
Read moreAUSTRALIAN FIRM KEEN TO INVEST IN CAMBODIA’S PADDY RICE AND MILLED RICE PRODUCTION CHAIN FOR EXPORT TO AUSTRALIA
An Australian firm is eying investment in Cambodia’s paddy rice and milled rice production chain for export to Australia. This was made known by Pablo Kang, Ambassador of Australia during a meeting with Pan Sorasak, Minister of Commerce. Mr Sorasak…
Read moreTHE REAL ESTATE SECTOR IN CAMBODIA WILL BECOME “STRONGER THAN EVER” ONCE THE COVID-19 PANDEMIC IS OVER
The real estate sector will “suffer in the short term” but will become “stronger than ever” once the COVID-19 pandemic is over, according to industry insiders. Dr Alexander Evengroen, managing director of Asean Realtor Inc and Group CEO of UK…
Read moreA US SUBSIDIARY OF 7-ELEVEN JAPAN CO WILL EXPAND ITS CONVENIENCE STORE EMPIRE TO CAMBODIA IN 2021
A US subsidiary of 7-Eleven Japan Co will expand its convenience store empire to Cambodia next year and allow the Thai conglomerate Charoen Pokphand Group Co Ltd (CP Group) to oversee operations in the Kingdom. Japan’s Kyodo News reported on…
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