Record trade surplus for Australia

Australia boasted its biggest trade surplus on record in December as surging commodity prices showered the resource-rich nation in cash, a windfall that could lessen the risk of a downgrade to its triple A credit ratings. Yesterday’s data from the Australian Bureau of Statistics showed ...

Officials investigating two avian flu outbreaks

The Ministry of Health is testing a suspected human avian flu case following an outbreak in poultry in Svay Rieng province, with experts also investigating a different avian virus – H7N3 – new to Cambodia and discovered in ducks last month in Kampong Thom province, ...

Demand for meat rises

Cambodia’s expanding population, urbanization, economic growth and the changing consumption patterns of the population have created opportunities for the growth of the livestock sector in the country, according to the annual report of the Ministry of Agriculture, Forestry and Fisheries. “With an estimated annual human population ...

South Korea offers loan to Cambodia

South Korea has agreed to provide more than $400 million in loans to Cambodia for infrastructure and health development. Foreign Affairs Minister Prak Sokhonn and South Korean ambassador Kim Weon-jin signed two agreements at a ceremony on January 31 outlining loans that will be dispersed to ...

Economy expected to average 7.1 percent growth over next three years

Myanmar’s economy is expected to grow by an average of 7.1 percent per year in the next three years, amid easing inflation and a rise in investments in infrastructure and sectors such as light manufacturing and hospitality, the World Bank said in a report on ...

Deforestation-free commodities represent a major investment opportunity: report

It’s estimated that about 10 percent of global emissions comes from deforestation — meaning we could make considerable progress toward halting climate change simply by keeping what remains of the world’s forests standing. Agricultural commodities — especially beef, palm oil, soy, and pulp and paper ...

Coastal erosion threatens Bình Thuận Province

Extreme weather conditions resulting in a complex tide phenomenon, landslides and sea erosion are threatening coastal areas in central Bình Thuận Province, authority officials and local people have said. Mai Kiều, director of the provincial Department of Agriculture and Rural Development, said this week that ...

Proposed hydropower plant in Laos to affect lower Mekong River in Vietnam

Laos is making hectic preparations for the building of one more hydropower dam – Pak Beng – on the Mekong river section which runs through Oudomxay province, despite strong warnings about the influence on the lower course, especially in Vietnam’s Mekong River Delta. The Mekong ...

A ripe market for avocados

Avocados have never been a big part of the Khmer diet, making infrequent appearances in dessert dishes or drenched in condensed milk as a smoothie. But a small local market for the green pear-shaped fruit is forming, and experts say it could be a profitable ...

Pak Beng Hydropower project looks set to move forward

The construction of the Pak Beng Hydropower Project is expected to begin at the end of this year after reaching agreement among Lower Mekong countries. A group of technical officials from the Ministry of Energy and Mines, Lao National Mekong Committee Secretariat and media organisations ...

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