Clothes exports kick into high gear
Cambodia’s garment and footwear exports recorded double-digit growth to some $4 billion in the first half of this year compared to the same period last year, a National Bank of Cambodia (NBC) report has said. Industry insiders have speculated that the growth could be due ...
Hor Kimsay
https://www.phnompenhpost.com/business/clothes-exports-kick-high-gear
Cambodian farmers prosper by going organic
Depending on the season, organic vegetable farmer Sem Chantha could be growing spinach, cauliflower, lettuce or collard greens on her six-hectare plot of land in Cambodia’s Kampong Speu province. The Cambodian Center for Study and Development in Agriculture (CEDAC) supports Cambodian farmers with training and ...
Daniel De Carteret, Chan Muyhong
http://www.voanews.com/content/cambodian-farmes-prosper-by-going-organic/2988764.html
When Is Credit Growth Too Fast and How To Deal With It?
Cambodia’s financial system appears to be shifting to excessive credit growth. The credit-to-GDP ratio has reached 37 percent, well above the low-income economies (LTCs). If credit growth were to continue at the current pace, by mid-2013 the ratio would exceed even the median for more ...
Unions warn against ‘race to the bottom’
As the ASEAN Economic Community agreement nears its implementation on December 31, a network of trade unions has warned that the regional labour market’s liberalisation could spark a “race to the bottom” and harm poor Cambodian workers due to rampant cost-cutting. ...
Sen David
http://www.phnompenhpost.com/national/unions-warn-against-race-bottom
Press release on the falling price of mango
On 23 February 2021, the Ministry of Agriculture, Forestry, and Fisheries issued a press release regarding the price of agriculture products, including mangoes which are fluctuated seasonally and depended on the size of supply and demand. To expand the market, the Ministry of Agriculture has ...
Ministry of Agriculture, Forestry, and Fisheries
Firm to boost live shrimp exports to China in ’24
A Local firm is planning to increase its export of live mantis shrimp to the Chinese market this year, after several shipments proved to be a commercial success in the Chinese market in 2023. ...
Van Socheata
https://www.phnompenhpost.com/business/firm-to-boost-live-shrimp-exports-to-china-in-24
Kingdom will export one million tonnes of rice by 2022, says CRF
The Cambodia Rice Federation (CRF) has committed to raising the Kingdom’s rice exports to one million tonnes by 2022, its president Song Saran said on Wednesday. The comment was made at the Strategic Plan 2020-2023 Consultation Workshop, which was attended by CRF members, ministry representatives, ...
Thou Vireak
https://www.phnompenhpost.com/business/kingdom-will-export-one-million-tonnes-rice-2022-says-crf
VimpelCom may sell units in Africa and Asia
Russian giant pulling back to core markets to achieve more rational structure and raise funds for investment Russia’s VimpelCom is considering selling many of its subsidiaries in Africa and Asia to focus on more “mature” markets, according to reports. The Financial Times newspaper says that the operator ...
http://www.rethink-wireless.com/2012/10/30/vimpelcom-sell-units-africa-asia.htm
U.K.’s Prudential Set to Gain Cambodia License in First Quarter
Prudential Plc, the U.K.’s biggest insurer by market value, plans to begin selling insurance in Cambodia in the first quarter of next year to extend its presence in Asia across 13 markets. The firm is hiring sales agents and expects to gain a license to operate ...
Australia to help develop FTA portal to promote trade, investment
Australia’s Ambassador to Cambodia Pablo Kang and Minister of Commerce Pan Sorasak jointly launched two publications: “Cambodian Crops with Prospects for the EU and RCEP Markets” and, “Cambodia and Unlocking Global Markets by Leveraging Free Trade Agreements”. ...
Sok Sithika
https://www.khmertimeskh.com/501216671/australia-to-help-develop-fta-portal-to-promote-trade-investment/
Authorities suspend Pochentong Market in Por Sen Chey district due to Covid-19 outbreak
The administration of Por Senchey district last night issued a notice on the temporary suspension of the Pochentong market in Sangkat Kakap I, Khan Por Senchey due to its involvement with COVID-19 patients. ...
Khmer Times Staff
https://www.khmertimeskh.com/50841518/authorities-suspend-pochentong-market-in-por-sen-chey-district-due-to-covid-19-outbreak/
Implementation of the new Carrying Capacity Management System for shops and markets
On 21 February 2022, the National Committee for Clean Cities Assessment issued a press release on the implementation of the new Carrying Capacity Management System for shops and markets.The system was developed in collaboration with the Ministry of Tourism, the National Committee for Clean Cities ...
National Committee for Clean Cities Assessment
Cambodia telco growth in 3G
Despite the hype surrounding the advent of fourth-generation mobile services, the bulk of growth and profits in Cambodian telecom remains in 3G networks, experts say. A recent study by London-based research firm Ovum notes that emerging markets such as Cambodia will see rapid growth in 3G ...
http://www.phnompenhpost.com/index.php/2012022954766/Business/kingdom-telco-growth-in-3g.html
Cambodian farmers squeezed out
Cambodians like pork. The average Cambodian consumes 9.29 kilogrammes of the meat a year and local farmers have long supplemented their incomes by selling an average of two pigs a year. In 2008, Cambodian farmers supplied around 2 million pigs, more than 90% of domestic demand. ...
http://www.bangkokpost.com/business/economics/314912/cambodian-farmers-squeezed-out
Australian airline will launch direct flights to Kingdom
An Australian national airline would launch daily direct flights between Cambodia and Australia early next year, the Secretariat of State of Civil Aviation said yesterday. The airline had conducted a feasibility study and a market survey in co-operation with a Cambodian technical team, Long Chheng, deputy ...
Thailand’s gem industry may move to Cambodia
Cambodia could overtake Thailand’s gem export market to the United States within five years, officials said yesterday. Thailand’s growing economic status could soon disqualify it for tax exemption when exporting gems to the US market, but Cambodia’s standing as a Least Developed Country would allow it ...
Parallel imports in Cambodia
Parallel imports—that is, genuine, noncounterfeit products imported into a country without permission of the intellectual property owner—are a systemic problem in Cambodia. Imported from neighboring countries without the authorization of legitimate manufacturers, parallel imports are sold on the “grey market” at prices which can be ...
Tilleke & Gibbins
http://www.lexology.com/library/detail.aspx?g=817150f3-c0b7-4053-a49b-dbb1ec51354c
SMEs: don’t look down on local goods
The Ministry of Commerce and representatives of small and medium enterprises (SMEs) came together on Friday to discuss ways to boost the promotion of made-in-Cambodia goods, both in local and international markets, against a background of local supermarkets discriminating against these local products. Minister of Commerce ...
Sum Manet
http://www.khmertimeskh.com/news/29022/smes--don---t-look-down-on-local-goods/
MRF looks at captive rubber plantation to cut raw material cost
Tyre manufacturer MRF Ltd was looking at acquiring rubber estates to meet the company’s long-term raw material requirements and to bring down costs, a top official said. “We are scouting for acquisitions of estates abroad to meet long-term rubber needs,” said Koshy Varghese, executive vice-president, marketing, ...
Vietnam visitors drive tourist stats
International tourist arrivals to Cambodia increased nearly 28 per cent during the first quarter of the year compared with the corresponding period of 2011, Ministry of Tourism data shows. The country drew more than 995,000 tourists from abroad during the three-month period, up from 778,467 a year earlier, ...