Myanmar, Cambodia expedite talks on two trade cooperation deals

Citing low bilateral trade volume, Myanmar and Cambodia are expediting talks on two draft agreements to raise trade cooperation. Cambodian commerce minister Pan Sorasak recently called on the two sides for more discussions on economic and trade progress “within the regional and bilateral frameworks aimed ...

Khmer Times Staff
https://www.khmertimeskh.com/501081773/myanmar-cambodia-expedite-talks-on-two-trade-cooperation-deals/

PPSP revenue grows 153%, net loss narrows 26% in Q1

Public-listed special economic zone (SEZ) developer Phnom Penh SEZ Plc (PPSP) has reported a sharp increase in total revenue and lower net loss in the first quarter of 2022, a filing with Cambodia Securities Exchange (CSX) showed. ...

May Kunmakara
https://www.phnompenhpost.com/business/ppsp-revenue-grows-153-net-loss-narrows-26-q1

ACLEDA, ABA to facilitate Port EDI payment service

The Ministry of Public Works and Transport will sign a memorandum of understanding (MoU) with ACLEDA Bank and ABA Bank to facilitate the payment of public service fees via Port EDI, an electronic data exchange system. ...

Hom Phanet
https://www.phnompenhpost.com/business/acleda-aba-facilitate-port-edi-payment-service

Cambodia to focus more on growth in exports

Prime Minister Hun Sen said that Cambodia has been boosting exports of manufacturing products – both garment and non-garment – and domestic tourism to support strong economic growth. ...

Chea Vanyuth
https://www.khmertimeskh.com/501080718/cambodia-to-focus-more-on-growth-in-exports/

PM: Cambodia encourages openness and strengthening of economic integration

Prime Minister Hun Sen has stated that with the subsequent easing of administrative and health measures, Cambodia encourages openness and strengthening of economic integration by promoting investment, trade, by fully implementing free trade agreements. ...

Khmer Times Staff
https://www.khmertimeskh.com/501081202/pm-cambodia-encourages-openness-and-strengthening-of-economic-integration/

Cambodia, Singapore vow to ramp up cooperation

Cambodia and Singapore have pledged to step up cooperation to bolster bilateral trade, after registering more than $5.2 billion last year, marking a nearly 50 per cent jump over 2020. ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-singapore-vow-ramp-cooperation

Malaysia trade surges by over one-third in Jan-Apr

Bilateral trade between Cambodia and Malaysia was worth $205.2 million in the first four months of 2022, surging by over one-third from nearly $152.9 million from the corresponding period last year, according to Customs. ...

Hin Pisei
https://www.phnompenhpost.com/business/malaysia-trade-surges-over-one-third-jan-apr

Hun Sen holds virtual meet with Indian Counterpart, talks about development partnership, quick impact projects

Prime Minister Narendra Modi held a virtual meeting with his Cambodian counterpart Hun Sen on Wednesday where they discussed a wide range of bilateral issues, including capacity building programmes and quick impact projects under the framework of Mekong-Ganga Cooperation. ...

Khmer Times Staff
https://www.khmertimeskh.com/501078164/hun-sen-holds-virtual-meet-with-indian-counterpart-talks-about-development-partnership-quick-impact-projects/

Cambodia’s exports jump 32 percent in first four months

Cambodia exported goods for a total of $7,606 million in the first four months this year, a 32 percent increase over the same period last year, data from the General Department of Customs and Excises showed. ...

Chea Vanyuth
https://www.khmertimeskh.com/501076534/cambodias-exports-jump-32-percent-in-first-four-months/

Jan-Apr trade volume tops $17B

The Kingdom’s trade volume reached $17.65 billion in the first four months of this year, up 15.47 per cent versus the $15.28 billion to the same period last year, according to the General Department of Customs and Excise (GDCE).   ...

Hin Pisei
https://www.phnompenhpost.com/business/jan-apr-trade-volume-tops-17b

Value chain upkeep for EVFTA

Cambodia and Vietnam have agreed to ensure the sustainability of the value chain to meet trade demands in accordance with the EU-Vietnam Free Trade Agreement (EVFTA), which came into force in July 2020. ...

Nov Sivutha
https://www.phnompenhpost.com/business/value-chain-upkeep-evfta

Green Sea readies mangoes for export to China

Green Sea Agriculture Co Ltd spent nearly $70 million in the course of over three years to grow six varieties of mango in Stung Treng province for export to China. ...

Hom Phanet
https://www.phnompenhpost.com/business/green-sea-readies-mangoes-export-china

Cambodians report scams in online shopping experiences

In Cambodia, online shopping – typically on smartphones and tablets – is becoming increasingly popular due to its convenience. However, this presents significant issues for less technologically savvy buyers, who may be more vulnerable to scams, especially when shopping on social media. ...

Try Thaney
https://cambojanews.com/cambodians-report-scams-in-online-shopping-experiences/

Jan-Mar Canada exports rise 8% as CCC eyes office launch

Cambodia netted $241.41 million from exports to Canada in the first quarter of 2022, marking an 8.1 per cent rise year-on-year from $223.23 million, and accounting for 98.2 per cent of bilateral trade over the period, according to Customs. ...

Hin Pisei
https://www.phnompenhpost.com/business/jan-mar-canada-exports-rise-8-ccc-eyes-office-launch

Jan-Apr rice exports exceed half a billion dollars

Cambodia netted more than $516 million from the export of paddy and milled rice in the first four months of 2022, despite uncertainty brought upon by Covid-19 outbreaks in key markets. ...

Hom Phanet
https://www.phnompenhpost.com/business/jan-apr-rice-exports-exceed-half-billion-dollars

Cambodia rice exports rise to $516 million in four months

Cambodia exported 221,138 tonnes of milled rice and 1,648,474 tonnes of un-milled rice, with a total value of $516.21 million in the first four months of 2022, according to a release from the Cambodia Rice Federation (CRF). ...

Sok Sithika
https://www.khmertimeskh.com/501071306/cambodia-rice-exports-rise-to-516-million-in-four-months/

Cambodia’s export to RCEP member countries increases by 11 percent in first quarter

Cambodia’s exports to the member countries of the Regional Comprehensive Economic Partnership (RCEP) totaled $1.956 billion in the first three months of this year, up 11 percent over the same period last year, according to data from the Ministry of Commerce. ...

Khmer Times Staff
https://www.khmertimeskh.com/501069684/cambodias-export-to-rcep-member-countries-increases-by-11-percent-in-first-quarter/

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