Economy and commerce

Malaysian palm oil futures recovered late on February 28, tracking stronger prices after hitting their lowest level in nearly four months earlier in the day. Benchmark palm oil futures for May on the Bursa Malaysia Derivatives Exchange ended the session 0.6 percent higher at 2,770 ...

Cambodian exports to Thailand surged by 46 percent last year compared with 2015 while imports from the neighbouring country decreased slightly, according to statistics provided on February 28 by the Ministry of Commerce. The value of Cambodian exports to Thailand reached $936 million by the end ...

In an effort to promote financial literacy to students in primary and secondary schools, the National Bank of Cambodia and the Ministry of Education, Youth and Sport on February 28 officially launched the “Let’s Talk Money” comic book. The comic book will be additional reading for ...

Ngwe Saung beach has seen an addition in its tourism industry. Having visited the beach resort area and been impressed by the scenery on offer, iGreen Construction Co decided to launch a villa-development project along the beach, targeting families visiting the area.​ The La Villa housing ...

This week’s smooth, relatively uneventful retreat by ASEAN’s foreign ministers appears to have put the grouping’s agenda on track for its 50th year, choosing to focus beyond the South China Sea disputes and set the stage for an April leaders’ summit that will put the ...

A conference on investment, trade and tourism promotion held for the first time by the mountainous province of Tuyên Quang yesterday has concluded with investors’ pledging a total of over US$801 million into six large-scale projects in this province. The provincial authorities also took the ...

Banpu Power Plc has reported its 2016 business performance, with its net profit of Bt4.13 billion, a significant increase on the Bt2.07 billion it posted in the previous year. With its strong financial status, Banpu Power has affirmed its strategic plan in operating conventional and renewable ...

Export value in January grew by 8.8 per cent to US$17.09 billion, after higher oil prices resulted in more revenue from oil by-products, according to the Commerce Ministry. The ministry on February 27 reported that the value of January imports rose by 5.17 per cent to ...

Companies from Hong Kong with expertise in infrastructure development, real estate-related services and professional services are keen to form partnerships with local investors, said a trade delegation visiting Cambodia. Eric Ma Siu-cheung, secretary for development for the Hong Kong Special Administrative Region, said Cambodia was a ...

The Cambodian government has awarded Japanese-owned Toshiba Plant Systems & Services Corporation the concession to construct a coal-fired power generation project in Preah Sihanouk province. Prime Minister Hun Sen, who signed the agreement on February 17, said the new power plant would address the energy deficiency ...