News
28 wood processing factories ordered to shut down
The Ministry of Industry and Commerce has ordered the closure of 28 wood processing factories located near and inside forest areas by next month. The ministry on November 28 issued a notification requiring the immediate removal or closure of 28 wood processing factories located close to ...
Trump bodes well for fossil fuel firms
Donald Trump’s victory in the presidential election is likely to provide room for Thai exploration, production and petrochemical firms to expand in the US and increase drilling activity, a new report says. Keep reading ...
Rojana keeps muted outlook for next year
SET-listed Rojana Industrial Park Plc (ROJNA) expects flat sales of land next year as the weak economic outlook persists and curbs investment, says independent director Amara Charoengitwattanagun. She said land sales in 2017 will remain at 400-500 rai, below the target of 500-600 rai announced ...
Bosch backs Thai 4.0 push
The government’s Thailand 4.0 initiative has provided a tremendous business opportunity for German Bosch Group to roll out its smart solutions to all key industries, the chief of the company said. “We welcome and are happy with Thailand’s direction to transform into a digital economy,” ...
Cross-ocean line lights up island commune
Lại Sơn Island Commune in the southwestern province of Kiên Giang was officially linked to the national grid on November 26 upon the completion of the cross-ocean 110kV line, the country’s longest above-sea power project so far. The project was built by Electricity of Việt Nam’s ...
Ministry moves to close vine factory
The Environment Ministry has asked Koh Kong provincial governor Bun Leut to stop construction of a factory which will process an indigenous vine and which plans to collect the yellow vine in a protected forest area. According to an official letter sent to Mr. Leut ...
Lenders mull moveable assets
Cambodian financial intuitions should allow customers to use moveable assets as part of their collateral requirements to secure lines of credit, providing the government and lenders strengthen the legal framework for monitoring these assets, an economic researcher has argued. Speaking at the third annual macroeconomic ...
Gov’t mulls Japan-led facility for aquatic research
A committee will be established to look into the construction of a 5-hectare Japan-funded aquatic centre to facilitate the study of more than 600 species of freshwater fish from the Tonle Sap and Mekong rivers, Prime Minister Hun Sen said on November 25. “I have ...
NEC to mull targeted extension of voter registration
A spokesman for the National Election Committee says the body will consider a request by the Cambodia National Rescue Party to extend the voter registration deadline in certain communes. During a meeting between opposition and election officials on Friday, the CNRP asked for three-day extensions ...
Cambodia supports Lao dam: PM
Cambodia will support the Don Sahong hydroelectric dam planned to be built in south Laos less than two kilometers from the Cambodian border, while civil society groups continue to appeal to regional authorities to halt construction on environmental grounds. According to a post on Prime ...
