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NBC’s directive to restructure credit targeting four sectors

Publication date 30 March 2020 | 01:04 | ICT

The National Bank of Cambodia (NBC) on Friday issued a directive to all banks and financial institutions to restructure credit for loans in four priority sectors, a move lauded by the private sector.

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  • Malaysian firm to build substation

    Publication date 30 March 2020 | 01:03 | ICT

    Malaysian-based electrical power technology company Pestech International Bhd inked a contract to construct the $7.34 million 230/11kV Okvau Transmission Substation, leading Malaysian business publisher The Edge Media Group Pte Ltd

  • Google offers $800M to aid crisis-hit health agencies, businesses

    Publication date 30 March 2020 | 01:02 | ICT

    Google on Friday pledged $800 million worth of support in response to the coronavirus pandemic for health organisations, researchers and businesses impacted by the crisis.

  • Approval in principle for three companies to explore gold, copper

    Publication date 30 March 2020 | 01:02 | ICT

    The Ministry of Mines and Energy on Friday announced that three companies have been granted initial approval to carry out copper and gold exploration in the Kingdom.

  • ADB pledges $1.6B more in aid to Philippines

    Publication date 30 March 2020 | 00:14 | ICT

    The Asian Development Bank (ADB) on Friday said a bigger financial assistance worth at least $1.6 billion would be provided to the Philippines in the coming weeks to help its host-country in fighting the coronavirus disease (Covid-1

  • Indonesia remains SE Asia’s No2 venture capital market

    Publication date 30 March 2020 | 00:11 | ICT

    Indonesia retained its position as the second-largest venture capital market in Southeast Asia as Malaysia remained in third position and Singapore continued to lead the rankings.

  • Mekong Delta rice farmers earn big from selling straw

    Publication date 30 March 2020 | 00:10 | ICT

    Rice farmers in the Mekong Delta are earning higher incomes from selling rice straw left over from the harvested 2019-2020 winter-spring rice crop. The rice straw, which can be used to grow mushrooms, is in high demand.

  • Huawei to invest $200M this year in computing ecosystem

    Publication date 29 March 2020 | 21:55 | ICT

    Huawei Technologies Co on Friday said it will invest $200 million this year to support third-party developers that use its computing solutions, as the Chinese tech giant underlined once again its long-term commitment to computing.

  • South Korea’s Hyundai Mobis set to invest in core future car technologies

    Publication date 29 March 2020 | 21:54 | ICT

    Hyundai Mobis Co Ltd on Sunday said it would target the global market with future mobility technologies including vision-autonomous driving, connectivity and electrification technology.

  • World’s airlines seek emergency assistance from governments

    Publication date 29 March 2020 | 21:53 | ICT

    The trade group of the world’s airlines is calling on governments in the Asia-Pacific region to extend emergency support to the industry devastated by the new coronavirus disease (Covid-19).

  • Indonesian manufacturers step up as G20 nations coordinate global medical supply

    Publication date 29 March 2020 | 21:52 | ICT

    Indonesia is set to support manufacturers with the capacity to produce the desperately needed protective gear, test kits and ventilators that are crucial in the worldwide global fight against Covid-19 as Group of 20 (G20) nations pl