Direct flights to Indonesia to start

Publication date 21 January 2019 | 09:31 | ICT

Industry insiders believe direct flights could commence between Cambodia and Indonesia this year, as long running suggestions that the countries will boost their air connections look set to finally come to fruition.

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  • Ministry to lose $60M a year in revenue

    Publication date 21 January 2019 | 09:00 | ICT

    The Ministry of Commerce will lose $60 million in revenue annually after the government eliminated export procedures in a campaign to boost competitiveness, a senior official at the ministry has said.

  • Hitachi freezes UK nuclear project

    Publication date 18 January 2019 | 15:06 | ICT

    Hitachi on Thursday froze construction of a nuclear power station in Wales due to financing difficulties, dealing a major blow to Britain’s energy strategy and leaving the Japanese firm with a huge bill.

     
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  • Bid for Myanmar derivates

    Publication date 18 January 2019 | 14:46 | ICT

    THOUGH Myanmar’s stock market is yet to be very active due to a lag in investor interest, another move is now under way to set up a derivatives market in the nation, according to a workshop held at the Yangon Stock Exchange (YSX) on Tuesday.

     

  • Cambodian rice to lose EU duty-free status

    Publication date 17 January 2019 | 20:12 | ICT

    The Cambodian rice sector is set to lose its duty-free export status to the EU today – its major rice market – after the European bloc decided to impose tariffs on rice from Cambodia and Myanmar to curb a surge in such imports.

     
  • VW, Ford announce alliance to build vans

    Publication date 17 January 2019 | 19:01 | ICT

    VOLKSWAGEN (VW) and Ford announced a new alliance on Tuesday to jointly develop commercial vans and pickups starting in 2022, a bid to reduce costs in the increasingly competitive auto market.

  • VOLKSWAGEN’s electric dreams in China

    Publication date 17 January 2019 | 12:34 | ICT

    VOLKSWAGEN signalled that China will be an important market for its electric vehicle sales, amid plans to invest $34 billion in the segment over the next six years.

  • Kingdom imports $16M in Thai ACs

    Publication date 17 January 2019 | 11:06 | ICT

    Air conditioner imports from Thailand were valued at about $16 million last year – a fraction of the total $5 billion Thailand earned from its air conditioner exports to international markets, the country’s Department of Internation

  • VN exports to be sold via Amazon

    Publication date 17 January 2019 | 11:04 | ICT

    THE Vietnam Trade Promotion Agency under the Ministry of Industry and Trade will work with Amazon to help Vietnamese small- and medium-sized enterprises (SMEs) join the firm’s e-commerce system.

  • Japan sees VN as a top investment destination

    Publication date 17 January 2019 | 11:03 | ICT

    JAPANESE firms consider Vietnam the most attractive investment destination in Asia due to the country’s high economic growth, its position as a production hub and its large consumer market, according to an Asia News Network survey c

  • German chemical firm opens

    Publication date 17 January 2019 | 10:12 | ICT

    German-based chemical company BASF SE on Wednesday announced it had inaugurated its own company in Cambodia to offer a range of solutions for diverse industries, after working through distribution partners since 2014.