Economy and industry

Siam Cement Group, Thailand’s largest conglomerate, is tapping into Cambodia’s booming construction sector and opening its third cement plant in Battambang province next year. Governor of Battambang province Chan Sophal told Khmer Times that SCG, a majority shareholder in Kampot Cement, started construction on the ...

The Japan International Cooperation Agency will continue to support the development of Cambodia’s logistics sector in its partnership with the government to reduce transport costs and strengthen the country’s logistics infrastructure. This pledge was made by Kume Hidetoshi, the JICA representative in Cambodia, when he ...

The Ministry of Culture and Fine Arts has increased the pressure on PNN TV to suspend screening of the love drama series “Pheakdey Sne Tve Phup” (True Love Continues from Past to Future), saying it contradicted the classic love story “Tum Teav” – the Khmer ...

Many districts around the country don’t yet have access to municipal water supplies, an official has said, adding that it is only the smaller and more remote districts that have yet to receive water supplies. Director General of the Water Department, Mr Phomma Veolavanh, told ...

The government is seeking investors to bankroll construction of the planned Vientiane-Pakxe expressway to link the country’s capital with Pakxe the capital of the southernmost province of Champassak. The Ministry of Planning and Investment recently issued an announcement asking local and foreign companies and investors ...

In anticipation of 2018 being a Visit Laos Year, the Minister of Information, Culture and Tourism Prof. Dr Bosengkham Vongdara has called on all tourism agencies to urgently prepare activities for inclusion in the programme. Prof. Dr Bosengkham made the call at this week meeting on ...

Fukunari Kimura, a professor at Keio University and an expert in Asian trade, indicated in a Nikkei interview that the Regional Comprehensive Economic Partnership, a proposed free trade agreement, should be a stronghold of free trade, since the Trans-Pacific Partnership has suffered a setback with ...

Governments in Southeast Asia are ramping up spending just as central banks are putting away their policy-easing tools. From Thailand to Malaysia, states are boosting budgets for railways, roads and other infrastructure projects to help bolster growth in a region facing uncertain global markets and the ...

Digital financial services have the potential to significantly expand economic activity in Cambodia by bridging the gap between existing financial products and growing credit needs, according to a new study. Adopting digital financial services, or fintech, could increase the Kingdom’s GDP by about 6 percent, ...

PTT Plc., the national oil and gas conglomerate, forecasts Thailand’s fuel consumption will increase by two to three percent this year, in line with the country’s economic growth. The outlook was trimmed from the previous forecast because demand is expected to slip after subsidy cuts, ...