Investment

Preah Sihanouk province welcomed nearly 2.4 million tourists in 2016, generating $96 million in revenue, following a significant rise in domestic and international tourist arrivals, a tourism official said yesterday. Overall arrivals to the coastal province grew by 37 percent last year compared to 2015, ...

Cambodia will unveil another commercial center in China in May, to boost trade between the two countries and inform Chinese business people and tourists about opportunities in Cambodia. Commerce Minister Pan Sorasak on March 27 announced the plan for the center in Xi’an, Shaanxi province, at ...

Malaysian buyers are ramping up imports of Indonesian palm oil as local supply battles to recover from the lingering impact of last year’s crop-damaging El Nino weather pattern. Traders said world No.2 producer Malaysia was set to boost imports of palm oil and related products ...

The Council of Ministers on Friday adopted a draft law on trade remedies to protect local producers, businesses, enterprises and foreign businesses operating in Cambodia from imported products being sold below their cost base. Ministry of Commerce spokeswoman Soeng Sophary said the trade remedies law ...

The Koh Kong Special Economic Zone located just two kilometers from Thailand’s Trat province provides jobs to around 9,000 workers. Thitidej Tongpatana, a Thai national who is vice president of Koh Kong SEZ, recently spoke to Khmer Times’ Chea Vannak on the special economic zone’s ...

Lao authorities and Chinese developers are speeding works in an attempt to begin boring tunnels of the Laos-China railway project before the coming rainy season, a senior government official involved of the project has said. Tunneling is an important component of the 417 km railway ...

Bangladesh has called for the resumption of Joint Commission meetings with Thailand to forge cooperation and consult on issues left unresolved years after the previous meeting, as Dhaka expresses interest in closer ties and more action on issues of mutual interest with the Kingdom. The ...

Nearly a decade in the making, a project to pump oil 770 km across Myanmar to southwest China is set for imminent start-up, with a supertanker nearing the port of Kyauk Phyu, marking the opening of a new oil trading route. Dogged by sensitive relations ...

A British company has created a joint-venture with a Myanmar firm to enter the marine industry as well as oil and natural gas sector. Representatives from the UK firm, James Fisher and Sons, and the Myanmar firm Royal Marine Technology Co Ltd, signed a memorandum of ...

Exports in February decreased in value year on year for the first time in four months, a decline attributed to the high value of gold and aerospace exports in February 2016, according to the Commerce Ministry. The ministry reported that export value last month declined by ...