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Rice exports to Thailand dive

Rice exports to Thailand plummeted in the first four months of the year as a result of that country’s surplus, which reached record levels at the end of 2013. Between January and April, Cambodia exported just 1,550 tonnes of rice to Thailand, down 89 per cent ...

Chan Muyhong
http://www.phnompenhpost.com/business/rice-exports-thailand-dive

Italy millers slam ‘unfair’ EBA

Cambodia duty-free rice exports to the European Union have this week come under fresh attack from producers in Italy, who say the beneficial treatment is restricting the potential of Italian rice exports. An Italian agriculture collective of farmers, which includes representatives from the Italian Association of ...

Daniel de Carteret
http://www.phnompenhpost.com/business/italy-millers-slam-%E2%80%98unfair%E2%80%99-eba

Gambling on change

The Cambodian government is drafting a series of changes to the Kingdom’s gaming laws in a bid to draw major players from Macau and the US to the market and potentially create a new tax base from the growing, if currently illegal, online betting industry, ...

Eddie Morton
http://www.phnompenhpost.com/business/gambling-change

Maids forced into debt bondage in Singapore

In August last year, the government launched a pilot project that sent 220 women to work as maids in Singapore, the first major effort to open up a new market for Cambodia’s domestic workers after the government halted sending maids to Malaysia due to persistent ...

Matt Blomberg and Hul Reaksmey
http://www.cambodiadaily.com/news/maids-forced-into-debt-bondage-in-singapore-63194/

Cambodia’s external debt risks contained, says Moody’s

Moody’s Investors Service said Tuesday that Cambodia’s risk of external debt vulnerability was still contained. In its latest assessment of the impact of Covid-19 on Asian and the Pacific, the U.S. rating agency said “liquidity pressures will continue to haunt some frontier market sovereigns. ...

Khmer Times Staff
https://www.khmertimeskh.com/50803148/cambodias-external-debt-risks-contained-says-moodys/

Bilateral trade with Japan up 12% to nearly $2B in Jan-Oct

Standing as one of the largest economies in Asia, Japan is quickly becoming a prime market for Cambodian goods. Even with both economies embroiled in the Covid-19 crisis, bilateral trade managed to reach $1.96424 billion in the first 10 months of 2020, climbing by 12.2 ...

May Kunmakara
https://www.phnompenhpost.com/business/bilateral-trade-japan-12-nearly-2b-jan-oct

Cambodian PM says RCEP will help regional economic integration

Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet attended the third RCEP Economic and Trade Cooperation Business Summit under theme of “Integrating into RCEP’s More Open Market and Promoting Win-Win Asia-Pacific Cooperation” in Nanning, China’s Guangxi Zhuang Autonomous Region yesterday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501362044/cambodian-pm-says-rcep-will-help-regional-economic-integration/

Cambodia urged to develop green finance ecosystem

Cambodia needs to cultivate a conducive ecosystem for the development of its green finance market and make it sustainable and attractive for potential investors, experts said at a forum yesterday while calling upon both the government and the private sector to take the initiatives in ...

Manoj Mathew
https://www.khmertimeskh.com/501189599/cambodia-urged-to-develop-green-finance-ecosystem/

Cambodia’s exports to RCEP countries rise 23% to $5.8B

Cambodia’s exports to the Regional Comprehensive Economic Partnership (RCEP) countries continued to increase, indicating the emergence of a growing market for the country’s products. ...

Chea Vanyuth
https://www.khmertimeskh.com/501382492/cambodias-exports-to-rcep-countries-rise-23-to-5-8b/

Minister of Commerce recommends five points to promote the export of Cambodian products

Cham Nimul, Minister of Commerce, on May 27, presided over the opening ceremony of the seminar on “Beyond Borders: Bringing Cambodian Products to Global Markets through Alibaba.com, ”which was attended by leaders of the Ministry of Commerce, representatives of the Ministry of Posts and Telecommunications, ...

Khmer Times Staff
https://www.khmertimeskh.com/501495567/minister-of-commerce-recommends-five-points-to-promote-the-export-of-cambodian-products/

Macau-Backed Casino Firm to Expand Operations in Cambodia

A Macau-backed firm plans to grow its involvement in Cambodia’s casino sector as it targets the local gambling market with gaming machines and two new casinos, the company said in a financial statement filed in the US. Entertainment Gaming Asia Inc, which currently provides gaming machines ...

Comprehensive Land Policy Is Under Construction

In response to the vision of land policy in Cambodia, which is to administer, manage, use and distribute land in an equitable, transparent, efficient, and sustainable manner in order to contribute to achieving national goals of poverty alleviation, ensuring food security, national resources and environmental ...

http://thesoutheastasiaweekly.com/

Cashew Prices Down 40% as Demand sinks

New limitations on Vietnamese exports of processed cashews and slowing demand on the international markets is expected to decrease the price of raw cashews by roughly 40 percent this year, sparking concerns among Cambodian farmers, who are now midway through the harvest season, traders and ...

Investment treaty with US discussed

The United States and Cambodia have agreed to begin discussions on a bilateral investment treaty (BIT) in a bid to spur trade and investment between the two countries, officials said on Friday following the end of the ASEAN-US Business Summit in Siem Reap. “A bilateral investment ...

http://www.phnompenhpost.com/index.php/2012090358437/Business/investment-treaty-with-us-discussed.html

UTCC: Rubber prices won't bounce back

Domestic rubber prices are likely to stay below 120 baht a kilogramme over the next five years due to the sluggish world economic outlook that has sapped demand. The lingering euro-zone debt crisis, weak growth in rubber-using countries and rising production in Asean will continue to ...

http://www.bangkokpost.com/business/economics/308754/utcc-rubber-prices-won-t-bounce-back

Local MFIs’ high-tech investment

The first time Leang Horng, a resident of Kandal province’s Saang district, made use of a micro-finance institution, a loan was the only service he needed. At that time, Horng had no idea about deposits or money transfers. But things have changed in the past few ...

http://www.phnompenhpost.com/2013022661599/Business/local-mfis-high-tech-investment.html

Local production still lagging

As the cost of imports rise, local producers could see an opportunity to increase their market share, but for most a lack of output and quality means potential is limited, industry observers said yesterday. Customs officers who had often undercut the official rate are now ...

Hor Kimsay
http://www.phnompenhpost.com/business/local-production-still-lagging

Education Lagging in Science, Technology, Experts Say

Experts say the government has not yet done enough to promote the studies of science at the university level, leaving Cambodia behind on technology and other science subjects. Louise Ahrens, a project coordinator at Maryknoll, a US-based organization that provides education counseling at the Royal University ...

Khoun Theara
http://www.voacambodia.com/content/education-lagging-in-science-technology-experts-say/1798183.html

Cambodia-made car causes shocks to Vietnam’s auto industry

Heng, a Cambodian development company, has made a big surprise when introducing its self-modified electric car. The car, named Angkor EV 2014, is created by a local designer, manufactured by Heng Company which has set up a $20 million factory in Kandal province. The car, operated by ...

Vietnamnet News Staff
http://english.vietnamnet.vn/fms/business/96716/cambodia-made-car-causes-shocks-to-vietnam-s-auto-industry.html

Stolen Buddha urn reclaimed

Authorities say they have recovered a priceless gold urn believed to contain the ashes of the Buddha from a house in Takeo province’s Traing district. Kandal provincial police chief Eav Chamroeun said officers arrested two suspects yesterday, in the process seizing back the urn, along with ...

Chhay Channyda, Shane Worrell and Sen David
http://www.phnompenhpost.com/national/buddha-urn-found-police

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