Cambodia hopes to export 1,000 tonnes of rice to the Philippines
Cambodia has high hopes of forging a deal with the Philippines to export 1,000 tonnes of rice as a trial, the head of Cambodian Rice Federation (CRF) said on Monday after a visit to explore the market. ...
Prak Chan Thul
https://kiripost.com/stories/cambodia-hopes-to-export-1000-tonnes-of-rice-to-the-philippines
Cambodia to directly ship goods to US, EU by 2030
By 2030, Sihanoukville Autonomous Port (PAS) will be able to ship goods directly without any transit to the US and European Union (EU) markets, said Sun Chanthol, Minister of Public Works and Transports (MPWT) yesterday. ...
Kang Sothear
https://www.khmertimeskh.com/501254285/cambodia-to-directly-ship-goods-to-us-eu-by-2030/
Prey Veng, the biggest rice producer in Cambodia
Prey Veng is the leading province in Cambodia in terms of rice production for local consumption and export to foreign markets, affirmed Chea Somethy, Governor of Prey Veng province, at a press conference in Phnom Penh yesterday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501261721/prey-veng-the-biggest-rice-producer-in-cambodia/
Vocational training a key component to Cambodia’s development
Cambodia’s economic success depends on having skilled technicians to meet investors’ demands and labor market needs – and a shortage of human resources could impede the country’s ability to attract the investment it needs. ...
Seng Mengheng
https://kiripost.com/stories/vocational-training-a-key-component-to-cambodias-development
Cambodia may invest in Cuban rice production
Cambodia is considering investing in rice production in Cuba to help strengthen the Caribbean island nation’s capacity to ensure food security, as well as to increase the presence of the Kingdom’s varieties of the stable crop in international markets. ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-may-invest-cuban-rice-production
Cart Tire revving up to raise capital investment to $700M
A Chinese car tyre manufacturer is planning to increase its investment in Cambodia by raising its capital to approximately $700 million, in a move aimed at enhancing production capacity and expanding exports to additional international markets. ...
Hin Pisei
https://www.phnompenhpost.com/business/cart-tire-revving-up-to-raise-capital-investment-to-700m
Gov’t seeks more Japan investment
The Kingdom anticipates increased direct investment from the Japanese, as the Cambodian government and private sector highlight the country’s potential in geography, investment law, labour force and ability to export to international markets with trade preferences. ...
Hin Pisei
https://www.phnompenhpost.com/post-in-depth/gov-t-seeks-more-japan-investment
Small enterprises to receive financial support from ADB, FTB
Realising that 99 percent of Cambodian businesses are micro, small, and medium-sized enterprises (MSMEs), the Foreign Trade Bank of Cambodia (FTB) and the Asian Development Bank’s (ADB) have stepped into to fill the market gaps across the whole country. ...
Nhean Chamrong
https://www.khmertimeskh.com/501437116/small-enterprises-to-receive-financial-support-from-adb-ftb/
Jewellery exports hit $851M in ‘23; exhibition upcoming
Cambodia garnered over $851 million from the export of jewellery and precious stones to the international market in 2023, represents a surge of 261% increase compared to 2022, as per the Ministry of Commerce. ...
Hin Pisei
https://www.phnompenhpost.com/business/jewellery-exports-hit-851m-in-23-exhibition-upcoming
Businesses encouraged to register for IP rights
The Ministry of Commerce (MoC) and the Ministry of Industry, Science, Technology, and Innovation jointly celebrated World Intellectual Property (IP) Day 2024, encouraging business owners to register their products to add value and strengthen competitiveness in domestic and foreign markets. ...
Chea Vanyuth
https://www.khmertimeskh.com/501480749/businesses-encouraged-to-register-for-ip-rights/
Digital content key to growth for Kingdom's telecom firms
CAMBODIAN telecoms must produce digital content to remain competitive in the country’s crowded sector, experts said yesterday. However, others claimed the consumer market for that content was still too small. A lack of domestically produced TV programs, websites and other digital offerings has Cambodia’s estimated 755,000 internet ...
Demand for office space making a comeback
After a slow year in 2010, demand for office space in Phnom Penh is beginning to rebound as occupancy levels in new and existing units increase, real estate experts said yesterday. However, it is still unclear whether or not there is enough demand to fill ...
Two more banks setting up shop
The National Bank of Cambodia has issued a commercial banking licence to a Taiwanese bank, while another banking licence is pending approval for a Chinese-Cambodian joint venture, central bank Director General and Spokeswoman Ngoun Sokha said yesterday. The central bank had licensed Taiwan’s Mega International ...
http://www.phnompenhpost.com/index.php/2011083051333/Business/two-more-banks-setting-up-shop.html
Property prices remain flat in Phnom Penh
Despite signs that demand is starting to come back to the real estate sector, an oversupply in the market has kept prices for commercial and residential properties in Phnom Penh flat over the past 12 months, according to data from Bonna Realty Group. Prices for commercial ...
UAE considering Kingdom's rice
Cambodia plans to expand its exports of milled rice and other agricultural products to the United Arab Emirates, Minister of Commerce Cham Prasidh said yesterday. The UAE seeks a replacement for the milled rice it would otherwise import from Thailand, where the worst flooding in decades ...
Land on capital’s riverfront is opened up for investment
The government has signed off on a proposal to designate more than 9 hectares of land along Phnom Penh’s riverfront as state-private land, opening it up for private investment or long-term leasing. The 9.25-hectare stretch of riverfront from the capital’s Night Market to the Chroy ...
Hor Kimsay
https://www.phnompenhpost.com/business/land-capitals-riverfront-opened-investment
Kingdom’s rice exports down 1.5%
The Kingdom’s rice exports saw a 1.5 per cent drop last year compared to 2017 due to the industry’s lingering challenges – the cost of production and competition with the international market. Ministry of Agriculture, Forestry and Fisheries figures show that the country exported 626,225 ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/kingdoms-rice-exports-down-15
Germany to provide Cambodia $66M in loans, grants for infrastructure, poverty reduction
The German government announced on Tuesday that following negotiations with Cambodian officials it has decided to approve a package of $34 million in loans and $32 million in grants to develop rural infrastructure and reduce poverty. A press release by the German Embassy urged Cambodia, ...
Kann Vicheika
https://www.voacambodia.com/a/germany-to-provide-cambodia-66m-in-loans-grants-for-infrastructure-poverty-reduction/4920662.html
Cambodian exports to Japan up 8.4 per cent year-on-year
Cambodia exported more than $1.2 billion of products to the Japanese market in the first nine months of this year, up 8.4 per cent on the same period last year, data from the Japan External Trade Organisation (Jetro) shows. ...
Thou Vireak
https://www.phnompenhpost.com/business/cambodian-exports-japan-84-cent-year-year
TPP puts Cambodia’s trade, investment in the spotlight
The conclusion of the Trans-Pacific Partnership agreement has industry insiders in Cambodia split over whether or not the new pact will limit the Kingdom’s trade growth potential in the US market and see future investments diverted to Vietnam.Ending a long-drawn negotiation process that lasted five ...
Ananth Baliga
http://www.phnompenhpost.com/business/tpp-puts-cambodias-trade-investment-spotlight