Logo of Phnom Penh Post newspaper Phnom Penh Post - Business

YCH signed on for major logistics hub

Publication date 04 March 2021 | 22:10 | ICT

The Ministry of Public Works and Transport and Singapore-based YCH Group on March 4 signed a Framework of Agreement (FA) to develop the highly-anticipated Phnom Penh Logistics Complex (PPLC) in a move to integrate Cambodia’s logistics

Latest

[name_1]

  • Agri-exports surge 55% in Jan-Feb

    Cambodia exported a total of 1,599,922.37 tonnes of major non-milled-rice agricultural products in the first two months of this year, an increase of 569,493.88 tonnes or 55.27 per cent compared to the same period in 2020, according to Minister of Agriculture, Forestry and Fisheries Veng Sakhon.

  • US to impose anti-dumping duties on 18 countries

    The US Department of Commerce is preparing to tax aluminium sheet exporters from 18 countries after determining on March 2 that they had benefited from subsidies and dumping.

  • Covid jab campaigns fuelling petrol price hike

    Retail petrol prices in Cambodia have soared since the beginning of this year, with observers suggesting that momentum in the world’s ongoing Covid-19 vaccination schemes has driven up international crude oil prices.

  • Rift as gov’t guts fish import ban

    Nearly a month on after the government lifted a ban on a slew of fisheries products, Cambodia remains divided over the ramifications of the move, with fish farmers lamenting a plunge in commodity prices as economic pundits argue tha

  • Ministry invites exporters to expo in east China

    The Ministry of Commerce has invited businesses that wish to export to China to join a three-day virtual and in-person expo set to be held in eastern China’s Shandong province from April 27-29.

  • Vietnam racks up $1.3B trade surplus

    Vietnam's trade balance posted positive $1.29 billion in the first two months of this year, the General Department of Customs has said.

  • Oil prices, OPEC tensions rise

    As members of the oil cartel OPEC and its allies meet this week to discuss adjusting output, analysts expect old tensions between oil producer giants to flare up again.

  • Japan green energy drive set to cost people $46B in 2030

    The promotion of renewable energy will cost people in Japan 4.9 trillion yen ($45.8 billion) in fiscal 2030 through the feed-in tariff system, up from 3.1 trillion yen in fiscal 2019, according to government estimates, The Yomiuri Shimbun has learned.

  • Long An international port set to be expanded

    Vietnam's Dong Tam Group (DTG) has announced it is completing the remaining legal procedures to expand the Long An international port, enabling its berths No 8 and No9 to receive 100,000 deadweight-tonnage (DWT) ships.

  • PWSA enjoys banner 2020

    Stock-listed utility Phnom Penh Water Supply Authority (PWSA) reported strong growth and solid overall business performance last year despite economic disruptions caused by the Covid-19 pandemic.