The Cambodian National Petroleum Authority (CNPA) has announced that Cambodia will begin oil production in 2011 through newly found oil reserves according to AFP.
While the announcement is good news for the Cambodia economy in the longer term, it does not provide instant prosperity for those whole likely hoped for change sooner.
Nonetheless, oil production from domestic […]
Entries from May 2008
Cambodia to Begin Oil Production in 2011
March 28th, 2008 · No Comments
Tags: Cambodia Economy
Cambodia Trade of Rice to Thailand Halted
March 27th, 2008 · No Comments
The Cambodia government has halted all Cambodia exports of rice to Thailand according to the International Herald Tribune.
The move comes as higher food prices continue to put pressure on the Cambodia economy and has been welcomed by the Cambodian population.
Although the ban is only to last two months and will only slightly impact the Thailand […]
Tags: Cambodia Trade
MTV to Invest in Cambodia Mobile
March 14th, 2008 · No Comments
MTV Networks Asia and Cambodia’s Advance Communications (CADCOMMS) have entered into a mobile licensing deal to provide 3G platform content according to The Hollywood Reporter.
The Cambodia investment will allow MTV to deliver MTV and Nickelodeon content directly to Cambodia mobile subscribers.
While the MTV deal to invest in Cambodia is
advance communications CADCOMMS Cambodia Foreign […]
Tags: Cambodia Foreign Direct Investment
KFC to Open in Cambodia
March 4th, 2008 · No Comments
Through a joint venture Cambodia investment agreement, Cambodia will operate the Kentucky Fried Chicken Restaurant according to The Star.
QSR Brands, Royal Group of Companies and Rightlink Corp Ltd Hong Kong comprise the joint venture makeup to from Kampuchea Food Corp Ltd (KFCL) and the company responsible for KFC operations in Cambodia.
The KFC Cambodia investment is
Cambodia […]