News

Three GI products identified for export to China

The Ministry of Commerce has identified three geographical indications (GI) products for exporting to the Chinese market, seeking support for promoting products in China. ...

Chea Vanyuth
https://www.khmertimeskh.com/501456271/three-gi-products-identified-for-export-to-china/

China and Cambodia sign ‘$1billion rubber & tire projects’ agreement

Cambodian and Chinese officials have signed an MoU concerning plans to invest $1 billion (€910 million) in joint rubber & tire projects, Cambodia Development Council (CDC) has announced. ...

Khmer Times Staff
https://www.khmertimeskh.com/501423710/china-and-cambodia-sign-1billion-rubber-tire-projects-agreement/

Cambodia-China trade continues to grow despite global demand slowdown

Cambodia-China trade continued to rise in 2023 despite a slowdown in global demand, thanks to the Regional Comprehensive Economic Partnership (RCEP) agreement and the Cambodia-China Free Trade Agreement (CCFTA), a commerce official and experts said on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501422036/cambodia-china-trade-continues-to-grow-despite-global-demand-slowdown/

BOC Phnom Penh Branch authorized as RMB clearing bank

China’s central bank announced on Monday that it has authorized the Bank of China (BOC) Phnom Penh Branch to be the clearing bank for renminbi (RMB) business in Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501406842/boc-phnom-penh-branch-authorized-as-rmb-clearing-bank/

Shanxi Fruit Trade Fair sees Cambodia’s participation

A total of 870 companies exhibited 2,590 products at the event. As an important platform for the export of agricultural products, the fair improves awareness of Shanxi fruit, increases the province’s influence, and brings opportunities overseas, organizers said. ...

Khmer Times Staff
https://www.khmertimeskh.com/501382140/shanxi-fruit-trade-fairsees-cambodias-participation/

PM: Cambodian entrepreneurs to use Alibaba e-commerce platform to take full advantage of international market

Prime Minister of Cambodia, Dr. Hun Manet, received Ms. Wen Jia, President of the Public Affairs Department of Alibaba Group, on the side-lines of the 3rd Road and Belt Forum for International Coordination in Beijing, China yesterday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501378260/pm-cambodian-entrepreneurs-to-use-alibaba-e-commerce-platform-to-take-full-advantage-of-international-market/

Vongsey Visoth meets with Ms. Zhong Jie, Economic and Trade Adviser at the Embassy of the People’s Republic of China in Cambodia

Vongsey Visoth, Deputy Prime Minister and Ministers in charge of the Office of the Council of Ministers met with Ms. Zhong Jie, Economic and Trade Adviser of the Embassy of the People’s Republic of China in Cambodia, and her colleagues at the Office of the ...

Khmer Times Staff
https://www.khmertimeskh.com/501375255/vongsey-visoth-meets-with-ms-zhong-jie-economic-and-trade-adviser-at-the-embassy-of-the-peoples-republic-of-china-in-cambodia/

China’s BRI contributes tremendously to Cambodia’s economic, social development

China’s Belt and Road Initiative (BRI) has contributed tremendously and timely to Cambodia’s economic and social development, with achievements enjoyed by the government and people of the Southeast Asian country, Cambodian Deputy Prime Minister Aun Pornmoniroth has said. ...

Khmer Times Staff
https://www.khmertimeskh.com/501372819/chinas-bri-contributes-tremendously-to-cambodias-economic-social-development/

Fresh Cambodian coconuts, Venezuelan avocados approved to enter China

Chinese customs authorized imports of fresh coconuts from Cambodia and fresh avocados from Venezuela starting on Monday, according to a notice by China’s General Administration of Customs (GAC). ...

Khmer Times Staff
https://www.khmertimeskh.com/501363495/fresh-cambodian-coconuts-venezuelan-avocados-approved-to-enter-china/

Cambodia plans to increase export of milled rice to China by 20%

Cambodia is planning to increase its milled rice exports to China by 20 percent, Prime Minister Hun Manet said yesterday dismissing critics who are sceptical about the increasing bilateral trade ties between both nations. ...

Nhean Chamrong
https://www.khmertimeskh.com/501363031/cambodia-plans-to-increase-export-of-milled-rice-to-china-by-20/

Prime Minister Manet discusses economic collaboration at CAEXPO

Prime Minister Hun Manet would have become one of the four heads of government of the Association of Southeast Asian Nations (ASEAN) member states to attend the 20th China-ASEAN Expo (CAEXPO) on Sunday in the southern city of Nanning, Guangxi region of China. ...

Khmer Times Staff
https://www.khmertimeskh.com/501361218/prime-minister-manet-discusses-economic-collaboration-at-caexpo/

Cambodia’s trade with China crosses $8 billion

China remained the biggest trading partner of Cambodia in the January to August period this year and the trade between the two countries reached $8.09 billion by the end of last month showing an increase of 1.1 percent compared to the same period in 2022. ...

Manoj Mathew
https://www.khmertimeskh.com/501359586/cambodias-trade-with-china-crosses-8-billion/

CDC urges Xiamen investors to tap vast opportunities in Kingdom

The Council for the Development of Cambodia (CDC) has sought investments from potential investors from China’s Xiamen city of the Fujian province amid the Kingdom setting records in terms of Foreign Direct Investments (FDIs) during the current year. ...

Nheng Chamrong
https://www.khmertimeskh.com/501359497/cdc-urges-xiamen-investors-to-tap-vast-opportunities-in-kingdom/

Chinese investment in agricultural sector gives fillip to economy

Chinese investment in the Kingdom’s agricultural sector has boosted the national economy and created jobs for local people, said an expert from the Chinese Cambodian Evolution Researcher Association. ...

Nheng Chamrong
https://www.khmertimeskh.com/501359851/chinese-investment-in-agricultural-sector-gives-fillip-to-economy/

Cambodia, China to set up e-commerce training centre

Cambodia and China are discussing plans to establish e-commerce technical training centres or institutes in Cambodia amid the global boom of e-commerce. ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-china-set-e-commerce-training-centre

Cambodia, China to sign 6 more MoUs to enhance investment cooperation

The Council for the Development of Cambodia (CDC) and China’s ministry of commerce are expected to sign six more memoranda of understanding (MoUs) to enhance comprehensive investment cooperation that covers the promotion of investment in the digital sector, new types of industrialisation, green development and ...

Khmer Times Staff
https://www.khmertimeskh.com/501358251/cambodia-china-to-sign-6-more-mous-to-enhance-investment-cooperation/

Chinese official pledges more investment

A Chinese official with the Chinese embassy in Phnom Penh has pledged to increase bilateral trade between Cambodia and China by encouraging Chinese investors to invest in all sectors in the Kingdom. ...

Hin Pisei
https://www.phnompenhpost.com/business/chinese-official-pledges-more-investment

More investment anticipated following Fujian investors’ visit

Cambodia is optimistic of an increase in direct investment or joint ventures with Chinese investors following a successful visit by a delegation of entrepreneurs from Fujian province who specialise in sectors such as mining, energy, manufacturing, tourism, accommodation, and heating and air conditioning. ...

Hin Pisei
https://www.phnompenhpost.com/business/more-investment-anticipated-following-fujian-investors-visit

New Government formation to bring more new investments

The formation of the new Royal Government of Cambodia will bring new investments to the country, generating more jobs and contributing to the economic growth. ...

Khmer Times Staff
https://www.khmertimeskh.com/501347755/new-government-formation-to-bring-more-new-investments/

Cambodia, China target $12B trade this year

Trade between Cambodia and mainland China will reach over $12 billion by the end of this year and both sides are working hard to achieve this annual target, said Reach Ra, Secretary of State at the Ministry of Commerce, recently. ...

Manoj Mathew
https://www.khmertimeskh.com/501346727/cambodia-china-target-12b-trade-this-year/

Cambodia posts some $89 million in rice exports to China in H1

Cambodia raked in $88.9 million from exporting 138,364 tonnes of milled rice to China in the first half of 2023, according to the Cambodia Rice Federation (CRF). ...

Khmer Times Staff
https://www.khmertimeskh.com/501321641/cambodia-posts-some-89-million-in-rice-exports-to-china-in-h1/

China emerges as biggest importer of Cambodia’s agri products

China has emerged as the world’s biggest importer of Cambodian milled rice, now accounting for more than half the market share – versus just 3% a decade ago – and is expected to further strengthen its dominance going forward. Insiders point out that traders who ...

Khmer Times Staff
https://www.khmertimeskh.com/501307093/china-emerges-as-biggest-importer-of-cambodias-agri-products/

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