Wang Wentian, Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to Cambodia, said that if the process goes smoothly as planned, the Phnom Penh-Sihanoukville Expressway project could be completed in June 2022. He made the remarks at a handover ceremony of 231 cases of Covid-19 traditional Chinese medicine weighing 1,125 kilograms to Deputy…
During the ASEAN Tourism Forum 2022 in Sihanoukville, Thong Khon, Minister of Tourism of Cambodia and Sandiaga Salahudin Uno, Minister of Tourism and Innovation of Indonesia inked a memorandum of understanding to boost tourism cooperation, especially to promote direct flight connections between the two countries. The signing ceremony was also witnessed by the head of…
PHNOM PENH, Jan 20 (Xinhua): Cambodia has inaugurated a US$1.2 million new tourist port in the seaside city of Kep, aiming at attracting more foreign tourists to the southwestern Kep province in the post-Covid-19 era, said a transport ministry’s news release. Speaking at the event, Cambodian Transport Minister Sun Chanthol said the port, built on…
The Vietnam Ministry of Industry and Trade will not add any more wind and solar power into this year’s 2022 plan, due to a lack of input facilities to transfer them to the national grid. At the 2021 review meeting of the National Load Dispatch Centre on January 10, its deputy director Nguyen Quoc Trung…
Thinking globally about your investments is a good idea this year. The best countries to invest in 2022 probably aren’t where you happen to live. In fact, the top performing stocks and real estate investments this year even be on the other side of the world from your home country. Global travel will remain difficult…
After adding 3,420 megawatts of power capacity last year, Vietnam now leads Southeast Asia in power production with 76,620 MW. The increase in power production represented a 9.8 percent increase in capacity, CEO of national utility Vietnam Electricity (EVN), Tran Dinh Nhan, said at a forum Friday. He however expressed concern that 27 percent of…
Aeon, a Japanese retailer, plans to build a 30,000-square-meter logistics center in Sihanoukville, Cambodia in 2023 to provide import storage, customs clearance, and cross-border online retail support. Cambodia plans to develop a part of the special economic zone as a free trade port with the support of the Government of Japan and the Japan International…
Bill Bien, CEO of Forever Oceans, met this week with Jorge Seif Junior, secretary of aquaculture and fisheries at Brazil’s Ministry of Agriculture, Livestock and Supply to sign a 20-year plan concession agreement that authorises Forever Oceans to ocean-raise fish within automated enclosures in two zones, located 7-15km (4.3-9.3 miles) offshore the Brazil coast of…
Jin Yu Tang (Cambodia) Fishery Co Ltd plans to splash out an unspecified amount on “marine fish aquaculture in submerged cages”, on Cambodia’s Sihanoukville province islands of Koh Dek Koul and Koh Thas, according to Minister of Agriculture, Forestry and Fisheries Veng Sakhon on January 11. The minister wrote in a Facebook post that he…
AEON Mall (Cambodia) Co Ltd’s first “multifunctional logistics business hub” is set to break ground early next month and start operations next year, in a special economic zone (SEZ) near Sihanoukville Autonomous Port (PAS), according to a port source with knowledge of the matter. The shopping mall developer and operator has leased a plot of…
Construction on Kampot International Tourism Port – a 4ha quay in Teuk Chhou district about 6km west of Kampot town – has fallen off track, reaching 90 per cent completion, according to a senior Ministry of Tourism official last week. The project is now planned to be finished by March 31, more than four months…
