FTA with EAEU bloc may diversify export market

As the government moves to a Free Trade Agreement (FTA) with the Eurasian Economic Union (EAEU), garment and rice industry insiders expect the new trade corridor to diversify the Kingdom’s export market. ...

Thou Vireak
https://www.phnompenhpost.com/national/fta-eaeu-bloc-may-diversify-export-market

Cambodian rice set for export to South Africa

Milled rice exporter Mekong Oryza Trading Co Ltd signed an export memorandum of understanding (MoU) with companies from Hong Kong and South Africa in Phnom Penh on Tuesday. The agreement was inked between Mekong Oryza Trading, Hong Kong-based Zhonghui Taifu International Co Ltd and South African-based ...

Thou Vireak
https://www.phnompenhpost.com/business/cambodian-rice-set-export-south-africa

Obtain quality certification, rubber industry owners told

The Ministry of Agriculture, Forestry and Fisheries has called on rubber industry owners to obtain quality certification for their product to boost rubber prices.​​ The ministry’s director of the Department of Administration and Legislation under the ministry’s General Directorate of Rubber Khuon Phalla spoke to ...

Thou Vireak
https://www.phnompenhpost.com/business/obtain-quality-certification-rubber-industry-owners-told

World Bank: Growth at 7% for this year

Cambodia’s economy remained robust, underpinned by solid export performance and strong domestic demand, even as real growth is expected to decelerate to 7.0 per cent this year from 7.5 per cent last year, the latest World Bank Cambodia Economic Update said on Wednesday. ...

Thou Vireak
https://www.phnompenhpost.com/business/world-bank-growth-7-year

Kingdom’s rice sector faces lack of capital

A lack of working capital has remained a challenge for the Kingdom’s rice industry and has impeded rice export growth for years, industry insiders said. The comments were made at a meeting between the state-owned Rural Development Bank (RDB) and the Cambodia Rice Federation (CRF) on ...

Hin Pisei
https://www.phnompenhpost.com/business/kingdoms-rice-sector-faces-lack-capital

Rice exports to China still under last year’s quota: CRF

China has not yet purchased milled rice from Cambodia for the period 2019-2020, with the country still trying to fulfill its quota for the year 2018. Kao Thach, CEO of Rural Development Bank (RDB), told Khmer Times that Cofco – China’s largest food processor, manufacturer and trader ...

Sok Chan
https://www.khmertimeskh.com/50664440/rice-exports-to-china-still-under-last-years-quota-crf/

FTA with South Korea would improve Cambodia’s competitiveness: exporters

Cambodian exporters are hopeful that a free trade agreement with South Korea will boost trade between the nations and attract more investment into the Kingdom.​ Chang Hoon Lee, managing director of Korean exporter Hyundai Agro, said the move is a positive development. A free-trade pact ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50664297/fta-with-south-korea-would-improve-cambodias-competitiveness-exporters/

Cambodia and S.Korea closer to signing FTA

The agreement to conduct the study was signed between South Korea’s Trade Minister Yoo Myung-hee and Cambodian Commerce Minister Pan Sorasak in the Korean city of Busan, where a two-day Asean summit is being held. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50663999/cambodia-and-s-korea-closer-to-signing-fta/

Garment, travel goods exports will stay strong, says minister

Minister of Commerce Pan Sorasak on Thursday expressed his optimism that garment, textile, footwear and travel goods exports will continue to enjoy strong growth over the next few years. He cited better working conditions and labour compliance as the main drivers of the Kingdom’s industrial ...

PM wants more trade, investment with Pakistan

Prime Minister Hun Sen on Wednesday urged Pakistan to boost trade and investment between the two countries. The appeal was made during a meeting with Deputy Speaker of the National Assembly of Pakistan Qasim Khan Suri at the Peace Palace in Prampi Makara district’s Mittapheap commune ...

May Kunmakara
https://www.phnompenhpost.com/business/pm-wants-more-trade-investment-pakistan

Garment, textile, footwear exports nearly $8B in Q1-Q3

Cambodia exported more than $7.97 billion worth of garment, textile and footwear (GTF) products in the first nine months of this year, up 13.18 per cent year-on-year from $7.044 billion, a report from the Ministry of Economy and Finance’s General Department of Customs and Excise ...

Thou Vireak
https://www.phnompenhpost.com/business/garment-textile-footwear-exports-nearly-8b-q1-q3

Minister wants better business relationship with Hunan province

Minister of Public Works and Transport Sun Chanthol on Tuesday called on China’s Hunan province to promote bilateral trade, cooperation and investment, and seize opportunities in many potential sectors. He was speaking at the Hunan Investment Promotion and Machinery Expo in Phnom Penh on Tuesday to ...

May Kunmakara
https://www.phnompenhpost.com/business/minister-wants-better-business-relationship-hunan-province

Everything But Arms: EU close to suspending Cambodia’s trade preferences

The EU slammed the government for the dire human rights situation in the Southeast Asian country, giving it a one-month deadline to respond to a preliminary report on suspending trade preferences before deciding whether to go ahead with the plan. Brussels has warned Phnom Penh ...

EU Bulletin
https://www.eubulletin.com/10398-everything-but-arms-eu-close-to-suspending-cambodias-trade-preferences.html

PM confident EBA outcome will not impact Kingdom

As the government reviews a European Commission preliminary report on whether Cambodia should retain its Everything-but-Arms preferential trade status, Prime Minister Hun Sen has said that the Kingdom has strong financial foundations to sustain itself with or without the EBA. “Someone said we will suffer ...

Ben Sokhean
https://www.khmertimeskh.com/50660990/pm-confident-eba-outcome-will-not-impact-kingdom/

Thailand boosting rubber exports a concern

Rubber growers and exporters have expressed concern that prices will continue to fall as Thailand seeks to boost its natural rubber exports, industry insider Men Sopheak said. In March, the International Tripartite Rubber Council (ITRC), which comprises Thailand, Indonesia and Malaysia, agreed to reduce rubber ...

Thou Vireak
https://www.phnompenhpost.com/business/thailand-boosting-rubber-exports-concern

Exports of footwear and travel goods buoyed by tariff privileges

Cambodia’s footwear and travel goods exports dramatically increased in the first nine months of this year, thanks to tariff privileges they received from the US under its Generalised System of Preferences (GSP). ...

May Kunmakara
https://www.phnompenhpost.com/business/exports-footwear-and-travel-goods-buoyed-tariff-privileges

Cambodia imports 5,000 tonnes of Indian salt

Cambodia imported about 5,000 tonnes of salt from India amid a shortage of stock, Salt Producers Community of Kampot-Kep (SPCKK) co-president Bun Baraing said on Sunday. ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-imports-5000-tonnes-indian-salt

China’s rice imports from Kingdom on the rise

China imported 40 percent more rice from Cambodia from January to October this year over the same period last year, according to government data. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50659992/chinas-rice-imports-from-kingdom-on-the-rise/

Experts from Asean gather to discuss upcoming Competition Law

The Competition Law, a piece of legislation deemed crucial in the digital economy, will be completed early next year, Commerce Minister Pan Sorasak said yesterday. ...

Sok Chan
https://www.khmertimeskh.com/50659995/experts-from-asean-gather-to-discuss-upcoming-competition-law/

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

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