Logo of Phnom Penh Post newspaper Phnom Penh Post - Business

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.



  • Listed firms GTI and PAS post higher Q3 revenue

    Publication date 18 November 2019 | 22:30 | ICT

    Two Cambodia Securities Exchange- (CSX-) listed firms – Grand Twins International (GTI) and Sihanoukville Autonomous Port (PAS) – reported a strong business performance with high revenue in the third quarter of this year.

  • Thma Da checkpoint will soon officially open

    Publication date 18 November 2019 | 22:30 | ICT

    The Cambodian-Thai Thma Da border checkpoint is scheduled to be officially launched in the next few months.

  • MFI loans, deposits grow in first nine months of this year

    Publication date 18 November 2019 | 22:29 | ICT

    Outstanding loans and deposits in Cambodia’s crowded microfinance institution (MFI) sector have seen a sharp rise in the first three quarters of this year.

  • Wood Mackenzie: Vietnam is SE Asia’s hottest solar PV market

    Publication date 18 November 2019 | 22:06 | ICT

    Vietnam is now the leader in Southeast Asia’s solar photovoltaic (PV) market with the largest installed capacity in the region, global research and consultancy group Wood Mackenzie said in a statement.

  • Listed Bangladesh textile, garment firms in tight spot

    Publication date 18 November 2019 | 21:17 | ICT

    Stock market data depicts a dismal picture of Bangladesh’s textile and garment companies, depriving thousands of investors of expected dividends from the sector that accounted for 84 per cent of the country’s exports last fiscal yea

  • Vietnam: Better control on COs needed to avoid trade frauds

    Publication date 18 November 2019 | 21:16 | ICT

    Vietnam's management efficiency in granting certificates of origin for enterprises needs to be improved to reduce trade frauds, Minister and Chairman of the Government Office Mai Tien Dung has said.

  • CP Foods vows to protect human rights of workers

    Publication date 18 November 2019 | 21:15 | ICT

    Thailand’s Charoen Pokphand Foods Pcl (CP Foods) has pledged to achieve sustainable development of labour rights across its entire group and supply chains.

  • Indonesia study: P2P lenders create thousands of jobs, reduce poverty

    Publication date 18 November 2019 | 21:13 | ICT

    Peer-to-peer (P2P) lending platforms have provided jobs for more than 362,000 Indonesians and reduced the poverty rate by 0.7 per cent – equal to 177,000 individuals – as they provide access to financing in cities and remote areas a

  • Phnom Penh International Airport wins award as passenger traffic soars

    Publication date 18 November 2019 | 17:42 | 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.

  • Cambodia imports 5,000 tonnes of Indian salt

    Publication date 17 November 2019 | 23:09 | ICT

    Cambodia imported about 5,000 tonnes of salt from India amid a shortage of stock, Salt Producers Community of Kampot-Kep (SPCKK) co-president Bun Baraing said on Sunday.