News

Giant coal plant taking shape in Sihanoukville

Nearly half of a massive 700-megawatt coal-fired power plant with the $383 million joint venture project that will fuel the country’s biggest industrial park and feed the national grid is set to be completed by the end of the year, according to officials at the Ministry ...

Hongsa-Chiangman road to be a boon for Nan

Opportunities in the tourism business in Nan, in the eastern part of the Northern region, will be highlighted once the 114-kilometre Hongsa-Chiangman Road is completed in 2018, making it a short cut to Luang Prabang in Laos. “There will be an opportunity to do business in ...

Cause of high anemia rate among women still a mystery

The astonishingly high rate of anemia among adult women in Cambodia has for years been a major health concern, but the main cause of the problem—long believed to be iron deficiency—is still a mystery, according to a study released last week. Frank Wieringa, the study’s author, ...

B Grimm sets Bt24 bn to replace power plants in 2 industrial estates

B GRIMM, one of Thailand’s oldest business conglomerates, on 13 June announced its plan to spend Bt24 billion to replace its power plants in two industrial estates, Amata Nakorn Industrial Estate and Laem Chabang Industrial Estate in Chon Buri. The investment plan was set up after ...

Slow pace of China’s transition adds to Asian export woes

China’s economic rebalancing is likely to take longer than previously expected, leaving Asian exports. Speaking on 14 June at a KBank seminar for customers on the outlook for the economy, interest rates and foreign-exchange rates, Pareena Phuangsiri, senior specialist at the division, said that while Beijing’s attempt ...

JOGMEC to explore for gold in Ratanakkiri

Canadian mining firm Angkor Gold has entered into a joint exploration agreement with Japan Oil, Gas and Metals National Corp to explore Angkor’s Oyadao South licence in Ratanakkiri province, the company said in a press release on 14 June.Keep reading ...

Heavy downpours continue to batter Arakan State

Heavy rain and severe flooding continue to devastate parts of Arakan State, a spokesperson for the Arakan State Government, told The Irrawaddy on 13 June. Arakan State’s Ministry of Social Welfare and Ministry of Electric Power, Industry, and Roads and Communications reportedly intend to visit flood-affected ...

Central regions seek drought-resistant animals

The Tây Nguyên (Central Highlands) and central regions are expanding areas to breed livestock as well as other animals like sheep, ostriches, goats, honeybees and silkworms. During a seminar held in central Khánh Hoà Province about the effects of drought and saltwater intrusion on animal husbandry ...

Wing, GmoneyTrans ink partnership deal

A South Korean phone-based money transfer company has partnered with Wing Specialized Bank to tap into remittance services for Cambodians living and working abroad. GmoneyTrans signed a cooperative agreement yesterday with Wing and hopes to launch the remittance service by the middle of next month, according ...

Over-extraction, Chinese slowdown blamed for jade price slump

Industry insiders have blamed an economic slowdown in China, over-extraction in jade mines, and market uncertainty linked to the transition of power to a democratically elected government in Burma. More than 850 licenses have been issued to firms at over 8,000 sites since private companies ...

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