First drop of oil by mid-2020, says Hun Sen

Publication date 18 November 2019 | 22:52 | ICT

Prime Minister Hun Sen on Monday confirmed that Cambodia will extract the first drop of oil from the Apsara oilfield in Cambodia’s offshore Block A by mid-2020.

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  • Thailand boosting rubber exports a concern

    Publication date 17 November 2019 | 23:09 | ICT

    Rubber growers and exporters have expressed concern that prices will continue to fall as Thailand seeks to boost its natural rubber exports, industry insider Men Sopheak said.

  • Phnom Penh International Airport wins award as passenger traffic soars

    Publication date 17 November 2019 | 23:08 | ICT

    The Phnom Penh International Airport has been awarded Best Asia Pacific Regional Airport 2019 for its sustained high growth in passenger traffic in recent years.

     
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  • Laos gov’t planning to spur economy

    Publication date 17 November 2019 | 23:06 | ICT

    Laos needs about 27 per cent of gross domestic product (GDP) for development next year to ensure the country’s steady economic growth.

  • Aramco: $1.71T valuation in blockbuster IPO

    Publication date 17 November 2019 | 23:06 | ICT

    Saudi Arabia on Sunday put a value of up to $1.71 trillion on energy giant Aramco in what could be the world’s biggest initial public offering (IPO), but missed Crown Prince Mohammed bin Salman’s initial target of $2 trillion.

     
  • Yahoo operator, Line eye merger agreement

    Publication date 17 November 2019 | 23:05 | ICT

    The Operator of Yahoo Japan, Z Holdings Corp (ZHD), is set to reach a merger agreement with free messaging app provider Line Corp as early as on Monday, the Yomiuri Shimbun has learned.

  • Exports of footwear and travel goods buoyed by tariff privileges

    Publication date 17 November 2019 | 23:04 | ICT

    Cambodia's footwear and travel goods exports increased in the first nine months of this year, thanks to tariff privileges they received from the US under its Generalised System of Preferences (GSP).

  • Google set to enter battle for cloud gaming market

    Publication date 17 November 2019 | 20:55 | ICT

    Ever-expanding Google becomes a gaming company on Tuesday with the launch of its Stadia cloud service that lets people play console-quality video games on a web browser or smartphone.

  • Philippine firm makes $237.5M gamble investing in Myanmar

    Publication date 17 November 2019 | 20:53 | ICT

    Ayala Corp, the Philippines’ oldest conglomerate, is making a $237.5 million bet on Myanmar as it takes a stake in the Pun family’s Yoma Group, a company with businesses and values it says align with its own.

  • VN ministry says rice quality key to exports

    Publication date 17 November 2019 | 20:52 | ICT

    Vietnamese rice producers and exporters needed to focus on quality and supplying products that were in demand, rather than simply looking at quantity, according to the Agricultural Products Processing and Development Department unde

  • Hanoi struggling to rein in fake ‘Made in Vietnam’ goods

    Publication date 17 November 2019 | 20:33 | ICT

    Vietnam is struggling to curb fraud in exports destined for the US, custom officials said on Thursday, as manufacturers seek to dodge punishing tariffs due to the Sino-US trade spat by illegally using “Made in Vietnam” labels.