International Limited has announced all casino operations in the Banteay Meanchey province have been temporarily suspended from 27 April 2021 to comply with the order from Cambodia local authorities to for closure of all casinos in the area. The company’s casino, Star Vegas (pictured), halted its operations until further notice to prevent the outbreak of…
The nighttime lockdown curfew in Cambodia’s capital city, Phnom Penh (pictured), host of the NagaWorld casino resort, has been again extended by the local authorities for another week, to May 5. Such curfew was first introduced on April 1 as a countermeasure against the further spread of Covid-19, and was due to last until April…
Southeast Asia Clean Energy Facility (SEACEF) is a collaboration between leading international foundations, including Microsoft, that seeks to accelerate the low carbon transition in Southeast Asia. The goal of SEACEF is to catalyze the move away from traditional fossil and thermal energy projects. The floating solar and storage peaking plant has a target capacity of…
Hong Lai Huat Group’s subsidiary HLH Agriculture (Cambodia) Co. has entered into a non-binding memorandum of understanding (MOU) with China Machinery Engineering Corporation (CMEC) for a solar farm project in Cambodia. Pursuant to the MOU, Hong Lai Huat and Hong Kong-listed CMEC will form a special purpose vehicle (SPV) to develop and operate a 200…
China has allowed Cambodia exports of fresh mangoes directly to its market after Chinese Customs on April 26 certified 37 mango plantations and five packaging factories as compliant with phytosanitary and packaging standards. The approval came after experts from the General Administration of Customs of the People’s Republic of China (GACC) in Guangxi province on…
Malaysian-based WA Hospitality will be making its foray into Sihanoukville with the opening of the 300-key Won Majestic Casino Hotel & Resort Cambodia come 1Q2022. Located steps from the picturesque Sokha beach, the property will feature luxury suites and studio rooms, a swimming pool, gym, three restaurants, guest lounge and a casino. WA Hospitality had…
MEKONG DELTA — Việt Nam wants to expand mango farming and increase exports of the fruit to US$650 million by 2030 amid growing global demand for it. Exports of the fruit have been rising over the years, reaching US$180 million last year. According to exporters, there is a lot of potential since global exports of mango…
NINH THUẬN — Trung Nam Group inaugurated the last phase of its wind farm yesterday in the central province of Ninh Thuận’s Thuận Bắc district, making the 152 MW farm the largest in Việt Nam. The finished wind farm worth VNĐ4 trillion (US$172.4 million) would produce 423 million kWh of electricity per year. Combined with…
Once considered a luxury, avocados have become part of Americans’ everyday diet. Now, Mission Produce (AVO), one of the world’s largest avocado distributors, wants to do the same for another fruit — mangos. The Oxnard, Calif.-based company’s founder and CEO Steve Barnard tells Yahoo Finance Live that the mango industry is ripe for a leader…
Once again Vietnam has set another local record in its solar sector. This time it is for rooftop solar installation. At the end of 2020, the country’s rooftop solar installations added 9.3 gigawatts (GW) to its national grid. Vietnam outdid itself with a new record by creating an eight-fold increase in rooftop solar by the…
The third-richest man on the planet, Bill Gates, is also one of the largest private owners of farmland in the US. He is known for supporting environmental innovation, but his farming plans have been secretive until now. In January, US magazine The Land Report — which tracks land transactions and produces an annual list of the…
A national portal on tracing the origin of products and goods is expected to be put into operation in Vietnam in the fourth quarter of this year, according to the Directorate for Standards, Metrology and Quality (DSMQ) under the Ministry of Science and Technology. Bui Ba Chinh, deputy director of the DSMQ’s National Centre for…
Prolonged stress from the Covid-19 epidemic crushed Phnom Penh’s retail market over the first quarter of this year in terms of rental prices, occupancy rates and consumer spending, a new report obtained by The Post on April 7 revealed. CBRE Cambodia, the local affiliate of US commercial real estate services and investment firm CBRE Group…
International Monetary Fund (IMF) managing director Kristalina Georgieva on April 7 said the Cambodian economy is expected to grow 4.2 per cent this year, following a 3.5 per cent contraction in 2020, but cautioned that local governments around the world should proceed with prudential policies and proactive management. Kristalina made the comment at the opening…
Vietnam is set to cut up to 1.74 billion kilowatt-hours of renewable energy in the second half this year to deal with national grid overload. A plan proposed by the National Load Dispatch Center (NLDC), under the national utility Vietnam Electricity (EVN) intends to cut 180 million kilowatt-hours per month in the third quarter and…
LOUISVILLE, Ky.–(BUSINESS WIRE)–Papa John’s International, Inc. (NASDAQ: PZZA) continues to expand its global presence with 15 new restaurants set to open in Cambodia over the next three years. The flagship store in Phnom Penh opened in late March. “We are very excited to bring Papa John’s global brand to Cambodia. Papa John’s Cambodia’s team is…
The freshwater and marine fish catch in the first quarter of the year was 960,000 tonnes, indicating a drop for all types of fish compared to the same period last year. The Ministry of Agriculture, Forestry and Fisheries’ report released on April 5 stated that freshwater fisheries along the Tonle Sap river yielded 1,310 tonnes,…
