Cambodia to benefit substantially from China’s BRI: Moody’s
Moody’s Investors Service Inc sees Cambodia, which has a B2 stable rating, as one of the countries that stand to benefit the most from China’s Belt and Road Initiative. In its latest report, Moody’s analyses the potential long-run economic gains and near-to-medium term macro-stability risks ...
Poovenraj Kanagaraj
https://www.khmertimeskh.com/50600312/cambodia-to-benefit-substantially-from-chinas-bri-moodys/
Property sector strong despite election: CBRE
Growth in the local property sector remained robust in the second quarter of 2018, with the condominium, office and industrial sectors all contributing significantly to its expansion, according to CBRE’s latest report. However, uncertainty regarding the upcoming general election has chipped away at investors’ confidence ...
Sum Manet
https://www.khmertimeskh.com/50514823/property-sector-strong-despite-election-cbre/
Contract farming schemes rising: Ministry
The Ministry of Agriculture said the number of contract farming schemes is increasing remarkably, helping enhance productivity and market access for farmers. From January to August, a total of 91 contract farming schemes were inked in various sectors, including rice, sugarcane and livestock production, the ministry ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50639917/contract-farming-schemes-rising-ministry/
Angkor Air spreads wings to Hanoi, Vientiane
National carrier Cambodia Angkor Air inaugurated a new daily flight from Phnom Penh to Vientiane and Hanoi yesterday as part of an expansion plan aimed at broadening its international services and revenue base.Tekreth Samrach, chairman of Cambodia Angkor Air (CAA) and secretary of state for ...
Sor Chandara
http://www.phnompenhpost.com/business/angkor-air-spreads-wings-hanoi-vientiane
An IPO with a value approach
Phnom Penh SEZ Plc, which operates a 357-hectare industrial park on the outskirts of the capital, held a bookbuild last month to determine the share price for its upcoming initial public offering on the Cambodian stock market. The private company aims to raise between $8.1 ...
Cam McGrath
http://www.phnompenhpost.com/business/ipo-value-approach
Turkish brands seek expansion in Cambodia
Turkish cosmetics brands looking to push further into the Southeast Asian market have met in the Cambodian capital, an embassy official said Wednesday. A joint economic commission was also set up that month by Cambodian Commerce Minister Sun Chanthol and Turkey’s Minister for Science, Industry ...
Lauren Crothers
http://aa.com.tr/en/turkey/turkish-brands-seek-expansion-in-cambodia/484526
Flagship airline gets new planes
National carrier Cambodia Angkor Air (CAA) recently bought a new Airbus 321 from Europe as part of its expansion into international routes to meet a rise in market demand. The CAA also plans to import one more plane early next year. CAA is a joint venture ...
http://www.phnompenhpost.com/2012121760309/Business/flagship-airline-gets-new-planes.html
Bayon says new flights due by the years end
Representatives from Cambodia Bayon Airlines (CBA), a newcomer to the domestic aviation market, yesterday promised domestic flights to be operational by the end of this year, pending approval from the country’s aviation authority. CBA’s vice president Taing Chun Leang yesterday told reporters that the firm is ...
Hor Kimsay
http://www.phnompenhpost.com/business/bayon-says-new-flights-due-years-end
Domestic production strengthens as F&B imports fall
Food and beverage imports to Cambodia have fallen over the past 12 months, marking a notable shift in domestic production and the public’s recognition of the “Made in Cambodia” brand, officials say. Cambodia spent around $223 million on food and beverage imports to supply the domestic ...
Chan Muyhong
http://www.phnompenhpost.com/domestic-production-strengthens-fb-imports-fall
Special tax on QIP rolled back
The Ministry of Economy and Finance last week did away with a special tax on imported products that were being used for re-export, after Japanese businesses said that it undermined their status as Qualified Investment Projects. Under the Qualified Investment Projects (QIP) scheme, firms can ...
Charles Rollet
http://www.phnompenhpost.com/business/special-tax-qip-rolled-back
Cambodia exported over 186,000 tonnes of cashew nuts in first 4 months of 2020
Cambodia exported 186,205 tonnes of cashew nut to foreign markets in the first four months of this year, according to a report from the Ministry of Agriculture, Forestry and Fisheries. ...
Khmer Times Staff
https://www.khmertimeskh.com/50720899/cambodia-exported-over-186000-tonnes-of-cashew-nuts-in-first-4-months-of-2020/
Cambodia’s rubber exports increase by 17 percent in first five months
Cambodia exported 97,175 tonnes of rubber to foreign markets in the first five months of this year, an increase by 17 percent compared to the same period last year. ...
Chea Vannak/AKP
https://www.khmertimeskh.com/50741048/cambodias-rubber-exports-increase-by-17-percent-in-first-five-months/
Kampot pepper sales losing their spice
Kampot pepper, a certified geographical indication (GI) product, and along with other organic and non-GI peppers are now struggling with market’ demand as sales fall drastically. ...
Sok Chan
https://www.khmertimeskh.com/50757895/kampot-pepper-sales-losing-their-spice/
Cambodia’s exports continue to face challenges amidst global headwinds
The Kingdom’s export to the international market is under threat although the country has secured regional and global free trade agreements, according to the Ministry of Commerce (MOC). ...
Sorn Sarath
https://www.khmertimeskh.com/50764362/cambodias-exports-continue-to-face-challenges-amidst-global-headwinds/
Cambodian agricultural exports exceed $2 billion in first quarter of 2021
Cambodia exported $2.09 billion worth of agricultural products to the international market during the first quarter 2021, according to Minister of Agriculture, Forestry and Fisheries Veng Sakhon. ...
Brian Badzmierowski
https://www.khmertimeskh.com/50849566/cambodian-agricultural-exports-exceed-2-billion-in-first-quarter-of-2021/
Pepper exports increase 200% in first five months
Some 7,461 tonnes of Cambodian pepper were exported to foreign markets from January to May 2021, according to Veng Sakhon, Minister of Agriculture, Forestry, and Fisheries. ...
Khmer Times Staff
https://www.khmertimeskh.com/50867270/pepper-exports-increase-200-in-first-five-months/
Cambodia eyes food product export to US
The United States has some strict procedures and rules for food export, and Cambodia has the potential to utilise the huge American market for its food export, said experts. ...
Adur Pradeep
https://www.khmertimeskh.com/501196186/cambodia-eyes-food-product-export-to-us/
Cambodia plans to establish Cambodian private business centre in China
The Ministry of Commerce has been preparing for the establishment of five Cambodian private business centres in main cities of China in order to promote the sale of Cambodian products in the Chinese market. ...
Khmer Times Staff
https://www.khmertimeskh.com/501232091/cambodia-plans-to-establish-cambodian-private-business-centre-in-china/
Number of factories in Kingdom rises in H1
New factories were established in Cambodia in the first half of this year despite a decrease in exports of manufacturing products due to slow demand from main markets. ...
Chea Vanyuth
https://www.khmertimeskh.com/501338601/number-of-factories-in-kingdom-rises-in-h1/
Cambodia’s e-com sector seeks clear, regionally uniform regulations
Cambodia’s rising e-commerce sector requires clear definition of laws and regulations by regulators addressing concerns of market uncertainties while maintaining regional uniformity, according to stakeholders who discussed e-commerce tax and licensing requirements at a panel discussion hosted by DFDL, a legal, tax and investment enterprise ...
Khmer Times Staff
https://www.khmertimeskh.com/501101838/cambodias-e-com-sector-seeks-clear-regionally-uniform-regulations/