News
Goods traffic through Phnom Penh port up 29 pct
Cargo shipments moving in and out of the Phnom Penh Autonomous Port (PPAP) increased 29 per cent in the first six months of this year when compared to the same period in 2012, according to official data. The figures show that imported and exported goods amounted ...
Kingdom to reach rice target
Following a considerable increase in Cambodia’s milled rice exports in the first four months of the year, Minister of Commerce Cham Prasidh said he was optimistic the Kingdom’s rice exports would reach the 2015 target of one million tonnes. With this year’s export figures notably higher ...
http://www.phnompenhpost.com/2013051065539/Business/kingdom-to-reach-rice-target.html
Cambodian Garment Exports likely to Grow in 2013: GMAC
Cambodian garment exports are expected to grow in 2013 with the increasing foreign investments along with focus on new market including Japan and China, according to the Garment Manufactures Association of Cambodia (GMAC). In 2012, apparel exports of Cambodia grew nine percent to US$ 4.61 ...
Cambodia's cheap labour attracts interest
TK Garment Co Ltd, a leading Thai original equipment manufacturer for fashion lines in Thailand, is relocating its largest production site to Cambodia to escape high wage costs, the Bangkok Post reported yesterday. According to Ken Loo, secretary general of the Garment Manufacturers Association in ...
Tate and Lyle faces boycott over Cambodian sugar land grabbing claims
Following our investigation which highlighted allegations of human rights abuses in Cambodia’s sugar industry, activists are stepping up their campaign against sugar companies buying from the region. The call to boycott sugar company Tate and Lyle over allegations of illegal land seizures and human rights ...
Officials worry over tiny rise in rice exports
Cambodian milled rice exports grew by only 0.52 per cent in the first 10 months of the year, compared to the same period last year, according to new figures from the government. Officials have expressed concern over Cambodia’s ability to reach its export target of ...
European body sends a message
The European Parliament, representing one of the country’s largest donors, on Friday called for a moratorium on forced evictions, an overhaul of elections and even went so far as to suggest to the European Union that it suspend tariff-free imports of agricultural goods linked to ...
Cambodia's Economic Growth
The growth prospects of the Cambodian economy in 2012 remain moderate, as has been expected. Cambodia’s real Gross Domestic Product (GOP) is estimated to grow at a rate of 6.2 percent year-on-year, which is unchanged from our estimation at the beginning of this year. Persistently weaker demand in the European and US markets remain the ...
Silk producers look to sew up EU market ties
Cambodia’s silk producers say they must cut costs in order to continue reaching troubled European markets, the primary target for the Kingdom’s sericulture products. Insiders said Cambodian companies must start producing their own silk for the industry to survive. Silk craftspeople import some 400 tonnes of silk ...