Economy and industry
Port unveils $200m expansion
Sihanoukville Autonomous Port is to build a $200 million container terminal as part of an expansion project due to be completed by 2022. The expansion is intended to address a surge in the volume of containers passing through the country’s only deep-sea port. The existing container ...
Start-up for refinery construction
Construction of phase one of a landmark $3 billion oil refining plant kicks off today in Sihanoukville province, after many delays since the company announced plans in December 2012. Cambodian Petrochemical Company (CPC) formed a joint venture with China Perfect Machinery Industry Corp (Sinomach) for ...
Chinese buses to hit the roads
Phnom Penh is to get five new bus routes when China donates 100 buses within two months, according to City Hall. Phnom Penh Governor Pa Socheatvong said the new routes would help reduce traffic congestion in the capital and should be operational in June or ...
WEF on Asean to kick off
High profile CEOs, prominent businessmen, ministers and leaders of ASEAN, India and Timor-Leste will gather in Phnom Penh next week for the launch of the three-day World Economic Forum on ASEAN, which kicks off on May 10. “There will be many high profile businessmen and companies ...
Weather index-based insurance project to cover crop damage
A weather index-based crop insurance is going to be introduced as pilot projects in Pyay township, Bago Region and Shwebo township, Sagaing Region, starting from May 8. According to the Ministry of Agriculture, Livestock and Irrigation deputy permanent secretary U Myo Tint Tun, the insurance ...
New rules could stymie education FDI
Experts have objected to several provisions of a draft decree on foreign investment in education saying they need further clarification and revision. They expressed their opinions at a consultative workshop held last week on a draft decree prepared by the Ministry of Education and Training. ...
Vietnamese scientist uses nano particles to make heat-reflective paint
The solar heat reflectivity of a new paint invented by a local scientist is up to 90 percent, while the concrete surface temperature reduction could be up to 8-9oC. High durability is also a typical feature of the paint product using nano particles invented by Dr. ...
VN lacks tools to net pyramid sharks
Viet Nam lacks the legal wherewithal to deal comprehensively with dubious multilevel marketing companies operating in the country, officials say. While a crackdown on pyramid schemes by the Vietnam Competition Authority has made some headway, authorities are unable to exercise due control over the multilevel ...
Beaches, eco-tourism spots packed with holiday revellers
Tourist spots, hotels and amusement venues, and buses and ferries across the country were packed with holiday makers during the four-day holiday that ended on May 2. The sunshine and hot weather in the south made it suitable for sea-related tourism and eco-tourism. Hotels in Vũng ...
Plans ignored, urban areas hurt
Failure to follow planning in many urban areas has negative consequences for urban development, Deputy Prime Minister Trịnh Đình Dũng said at a recent conference of the construction sector. As regulated, an Urban Development and Management Board will be set up to help local authorities ...