Trade
Exports
Ground broken for oil refinery
After years of delays and setbacks, the Cambodian firm set to operate the Kingdom’s landmark oil refinery finally broke ground on May 4 on a $1.62 billion project with an updated completion date set for the middle of 2019. The oil refinery, which will be built ...
No salmonella found in pigs
Kandal province’s department of animal health and production released four trucks carrying pigs from Vietnam after they were temporarily detained on suspicion of the swine being infected. The trucks, headed to Kandal province’s Kien Svay district and Takeo province’s Bati district, were stopped by authorities ...
Govt to encourage wider use of contraception
In a bid to lower maternal and child morbidity and mortality, Laos will aim to reduce the unmet need for contraception to 13 percent and increase the contraceptive prevalence rate using at least one method from 42 to 65 percent by 2020. The nation’s unmet ...
Regional meeting cements partnership in tourism
Cambodia, Laos, Myanmar and Vietnam plus Thailand (CLMV+T) have reaffirmed their commitment to strengthen their cooperation in promoting tourism. The countries’ leaders agreed on their tourism partnership during the two-day Regional Workshop on Methods and Strategies for Implementing Public Private Sector for Cambodia-Laos-Myanmar-Vietnam Plus Thailand, ...
Weather station upgrades brighten outlook for forecasters
The Japanese government has supported the improvement of weather recording equipment and facilities which were handed over last Saturday to the Meteorology and Hydrology Department. The project was handed over to the department under the Ministry of Natural Resources and Environment by the Japan International ...
Port unveils $200m expansion
Sihanoukville Autonomous Port is to build a $200 million container terminal as part of an expansion project due to be completed by 2022. The expansion is intended to address a surge in the volume of containers passing through the country’s only deep-sea port. The existing container ...
Start-up for refinery construction
Construction of phase one of a landmark $3 billion oil refining plant kicks off today in Sihanoukville province, after many delays since the company announced plans in December 2012. Cambodian Petrochemical Company (CPC) formed a joint venture with China Perfect Machinery Industry Corp (Sinomach) for ...
Weather index-based insurance project to cover crop damage
A weather index-based crop insurance is going to be introduced as pilot projects in Pyay township, Bago Region and Shwebo township, Sagaing Region, starting from May 8. According to the Ministry of Agriculture, Livestock and Irrigation deputy permanent secretary U Myo Tint Tun, the insurance ...
VN lacks tools to net pyramid sharks
Viet Nam lacks the legal wherewithal to deal comprehensively with dubious multilevel marketing companies operating in the country, officials say. While a crackdown on pyramid schemes by the Vietnam Competition Authority has made some headway, authorities are unable to exercise due control over the multilevel ...
Private sector sees export growth rising by up to 3.5 per cent
A peak grouping of private-sector financial organisations has raised its forecast for this year’s export growth to 2-3.5 per cent amid a pick-up in the global economy. But the Joint Standing Committee on Commerce, Industry and Banking warns that uncertainties over the trade policies of the ...