EdC: No power shortage this year
The Electricity Authority of Cambodia (EAC) said the Kingdom will not face a power shortage during this year’s dry season, as demand for electricity had declined due to the Covid-19 pandemic.
Investment
Cambodia set to ink Memorandum of Understanding with Japan firm on ‘safe vegetables’
The Cambodian government is set to sign an MoU with a Japanese company on the cooperation, investment, and development of the Kingdom’s ‘safe vegetable’ sub-sector.
Ripple meets Central Bank of Cambodia, SBI Asia to implement ODL
Ripple offers various payment solutions for large and small companies to process cross-border payments quickly and cost-effectively. Recently, the XRP dominance in the Japanese market has declined as investors have been disappointed with the performance of XRP. The financial conglomerate SBI Ripple Asia, on the other hand, is currently piloting ODL and intends to complete […]
Cambodia, China to sign agreement on the Mekong-Lancang Fund
Foreign Minister Prak Sokhonn and Wang Wentian, Chinese Ambassador to Cambodia are scheduled to sign the Agreement on the Cooperation Projects of the Mekong-Lancang
PM Hun Sen: New Phnom Penh Int’l Airport will be ready by 2023
Prime Minister Hun Sen said this morning that the new Phnom Penh International Airport is 30 percent completed and will be finished by 2023.
Industry demands renewable energy to fill quotas
A rapid shift away from traditional energy sources and towards renewables is required to increase Cambodia’s appeal for manufacturing investment, as large multinationals seek
Market demands for salt flower attract producers
Cambodian farmers have begun to collect salt flowers and now becoming a new product gaining popularity in the market both domestically and internationally with a considerable price.
Nearly 300 small and medium firms seeking emergency loans
The Agriculture and Rural Development Bank (ARDB) said that it has received more than 288 loan applications so far amounting to $31 million from small and medium enterprises (SMEs).
CDC approves about $90 million worth of new investments
The Council for the Development of Cambodia has approved a total capital of $89.4 million for two more investment projects covering bags and beer production.
Germany $14.6M aid agreement endorsed
The Council for the Development of Cambodia (CDC) and the German embassy in Phnom Penh co-signed the Cambodia-Germany Technical Cooperation Agreement 2019
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