International News

Global GDP growth projected to slow down to 3.1 pct in 2025, 3 pct in 2026

AKP Phnom Penh, March 18, 2025 Global GDP growth is projected to moderate from 3.2 percent in 2024 to 3.1 percent in 2025 and 3.0 percent in 2026, the Organization for Economic Cooperation and Development (OECD) said on Monday in its latest Economic Outlook. According to the OECD, the downward a...

U.S. stocks advance as market continues to recover from recent slump

AKP Phnom Penh, March 18, 2025— U.S. stocks ended higher on Monday, following a retail sales report for February and a downward revision to January's data. The Dow Jones Industrial Average gained 353.45 points, or 0.85 percent, to finish at 41,841.63. The S&P 500 advanced 36.19 points, or 0....

China unveils plan on special initiatives to boost consumption

AKP Phnom Penh, March 17, 2025— China on Sunday made public a plan on special initiatives to boost consumption, as the world's second-largest economy moves to make domestic demand the main engine and anchor of economic growth. The plan, issued by the General Office of the Communist Party of Chin...

New Zealand, India to start comprehensive FTA negotiations in April

AKP Phnom Penh, March 17, 2025-- New Zealand and India have agreed to start negotiations on a Comprehensive Free Trade Agreement (FTA) in April after a meeting between trade ministers of the two countries on Sunday. "This announcement is a major breakthrough in the economic relationship between...

GEF approves nearly 10 mln USD to combat climate change in Afghanistan

AKP Phnom Penh, March 17, 2025-- The Global Environment Facility approved 9.98 million U.S. dollars to combat climate change and protect natural resources in Afghanistan, the country's National Environmental Protection Agency (NEPA) said in a statement on Sunday. The fund aims to support the imp...

Iraqi PM urges de-escalation, dialogue after U.S. strikes Yemen's Houthis

AKP Phnom Penh, March 17, 2025-- Iraqi Prime Minister Mohammed Shia' al-Sudani emphasized on Sunday that de-escalation and dialogue are the most effective paths to resolving crises in a region as sensitive and vital as the Middle East. He made the remarks amid rising tensions following U.S. milita...

Vice President Assures Venezuela Will Advance in Energy Leadership

AKP Phnom Penh, March 13, 2025 — Executive Vice President Delcy Rodríguez declared today that with the activation of the Hydrocarbons Engine, Venezuela will advance toward consolidating its international energy leadership. On her Telegram account, the vice president noted that with this, the S...

China unveils plan to boost green equipment manufacturing

AKP Phnom Penh, March 13, 2025 — China has issued comprehensive guidelines to accelerate the high-quality development of its environmental protection equipment manufacturing sector, targeting global competitiveness in the green technology market. The document was released on Wednesday by the M...

PM Unveils “Ignite Thailand” Vision to Boost Investment

AKP Phnom Penh, March 13, 2025 — Prime Minister Paetongtarn Shinawatra has outlined Thailand’s economic vision under the theme Ignite Thailand: Invest in Endless Opportunity, reaffirming the country’s commitment to attracting investment despite global economic uncertainty. The premier highlighted...

Vietnam attaches great importance to relations with Russia

AKP Phnom Penh, March 13, 2025 — Deputy Foreign Minister Le Thi Thu Hang on March 12 affirmed that Vietnam always attaches great importance to the friendship, traditional relations, as well as the comprehensive strategic partnership with Russia. Hosting Deputy Governor of Russia's Kaluga regio...

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