Economy and industry
Sugar giant has sweet dreams
A colossal sugar mill in Preah Vihear province will roar to life again next week, promising to devour 1 million tonnes of sugarcane in a two-month production run that is expected to yield 100,000 tonnes of refined white sugar, as well as a sizeable chunk ...
NRSA calls for review of media regulatory bill following strong opposition from journalists
Following strong objections from many media groups, National Reform Steering Assembly whips on February 2 advised its media reform committee to revise the contentious media regulatory bill. Kamnoon Sidhisamarn, secretary and spokesman of the NRSA coordination committee, said at a press conference that the whips decided ...
Airlines plan promotions after new jet fuel tax drives up fares
Airlines are preparing more marketing campaigns and promotions to maintain ticket volumes after the implementation of a new jet-fuel tax is set to drive up air fares. Major carriers doubt that the higher tax on jet fuel will affect their business in the long term, ...
Wattay international airport expansion 11 percent complete
The Vientiane International Airport Expansion Project has now achieved 11 percent of its contractual goals and should be complete by the beginning of 2018, according to a press release from the Embassy of Japan to Laos and the Japan International Cooperation Agency. The project is ...
Aquaculture plan gets the nod
Cambodia has agreed for a China-based firm to invest $100 million in freshwater and seawater aquaculture projects to supply fish for local demand and export. The Ministry of Agriculture, Forestry and Fisheries on February 2 signed an agreement with China Ocean Fishing Holding Limited for a ...
Boeung Kak: a disastrous decade
Ten years ago this week, Phnom Penh City Hall and the development firm Shukaku Inc announced an agreement to transform the Boeung Kak lake area into a sprawling mixed-use development. In the years following, thousands were evicted and a protest movement grew among the disgruntled ...
Road No. 17B to Laos-Myanmar bridge deteriorating
A 70-kilometre section of Road No. 17B linking the Laos-Myanmar Friendship Bridge to Sing district town in Luang Namtha province remains unpaved after almost two years and is deteriorating. An official of the provincial Public Works and Transport Department Mr Chansamone Outamavong, told Vientiane Times ...
Record trade surplus for Australia
Australia boasted its biggest trade surplus on record in December as surging commodity prices showered the resource-rich nation in cash, a windfall that could lessen the risk of a downgrade to its triple A credit ratings. Yesterday’s data from the Australian Bureau of Statistics showed ...
Banking top hiring sector, says Everjobs
For the second consecutive year the banking sector has been the top hiring industry in Cambodia spurred by increased demand for employees by a wave of new banks and microfinance institutions, according to an annual report released on February 2 by online career portal Everjobs Cambodia. ...
Siem Reap airport’s future up in the air
The government is ready to move forward with negotiations on compensation for stripping a French company of its concession to operate Siem Reap’s international airport, while plans for the construction of a new Chinese-operated airport to serve the provincial capital are close to being finalised, ...