News
Rice exporters rail against storage minimum
Delegates attending a seminar in HCM City on February 22 urged the Government to amend or revoke a decree on rice exports which they said impedes exports of the grain. After the 2008/9 food crisis, Decree 109 was adopted requiring rice exporters to have at least ...
Officials told to submit airport plan
Deputy Prime Minister Trịnh Đình Dũng has urged the ministries of Transport and Defence to finalise a plan to expand Tân Sơn Nhất International Airport in HCM City and report to the Government next week. The Airport Design and Construction Consultancy One Member Ltd Company ...
Eyeing flying fish on the Ô Loan Lagoon
Ô Loan Lagoon has much more to offer tourists than its well-known delicious seafood and wonderful scenes at sunrise and sunset. It has another “specialty”: the generosity of its people. By Bạch Liên, the hotel receptionist in Tuy Hòa City of Phú Yên Province told me ...
Govt blames increased wealth for traffic
Thais earning more money is one of the key factors resulting in Bangkok being rated among the world’s worst cities for traffic, says Deputy Prime Minister Prawit Wongsuwon. He said people who are more wealthy can afford to buy more cars. Gen Prawit, who chairs ...
BOT embraces big data, analytics for micro-financial activities
The Bank of Thailand is investing in big data and data analytics in an effort to deal with complicated transactions arising from consumers’ micro-financial activities in the digital age. In the digital age, technology has rapidly changed and it is affecting how businesses are run, posing ...
Local home loans survive a slowdown
Commercial banks saw strong growth in housing loans last year despite a slowdown in the real estate sector, which could have a knock-on effect and threaten the growth of the country’s services. According to a Ministry of Economy and Finance report released late last month, ...
Old mines destroyed in Pursat
More than 100 landmines and unexploded ordnance were destroyed on February 21 by deminers in Pursat province’s Veal Veng district. District police officer Solie Mesa told Khmer Times on February 23 that a large variety of dangerous material had been found and destroyed. “All those found were remnants of ...
KrisEnergy to consider selling stake in Block A
Singapore-listed KrisEnergy Ltd is considering selling or farming out a stake in its Cambodia Block A offshore oilfield to ease its debt burden, according to the company’s 2016 year-end report. The oil and gas company posted $237.1 million in net losses for the 2016 fiscal ...
Meat imports rack up $100M tab
Cambodians spent over $100 million on imported meat last year, further widening the gap of domestic supply as local producers failed to capture the lucrative protein market, a government official said on February 23. Lor Reaksmey, spokesman for the Ministry of Agriculture, said Cambodia’s heavy ...
Ministries discuss major work roles and responsibilities
Representatives from three relevant ministries met on February 23 in Vientiane to discuss roles and duties in preventing and addressing the impacts of disasters and emergency incidents, addressing poverty, price adjustment of goods and other issues. The meeting was hosted by Ministry of Finance, with participation ...
