Trade

Exports

Camcontrol may leave border

Prime Minister Hun Sen recently unveiled a new campaign to boost economic independence and reduce the reliance on preferential trade statuses offered by advanced countries, saying the government will provide better trade facilitation and eliminate unnecessary procedures. At a dinner with 5,000 Cambodian journalists on Friday, ...

Hor Kimsay
https://www.phnompenhpost.com/business/camcontrol-may-leave-border

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

CO not needed for exports to EU

Those wishing to export their goods to the EU under the tax-free preferential scheme, Everything but Arms (EBA), are no longer required to apply for a Certificate of Origin (CO), according to a joint announcement from the ministries of Commerce, and Economy and Finance on ...

Kun Kourchettana
https://www.phnompenhpost.com/business/co-not-needed-exports-eu

First banana shipment to China confirmed

Longmate Agriculture Co has announced that it will conduct a test shipment of bananas to the Chinese market next month, which will be followed by the company’s first official shipment to China in February. ...

Chea Vannak
https://www.khmertimeskh.com/50564243/first-banana-shipment-to-china-confirmed/

Export opportunities for chemicals and chemical products in Vietnam and Cambodia

Malaysian companies are set to explore export opportunities for chemicals and chemical products in Vietnam and Cambodia through Malaysia External Trade Development Corp signature export promotion programme, Export Acceleration Mission. ...

NST Business
https://www.nst.com.my/business/2018/11/434409/export-opportunities-chemicals-and-chemical-products-vietnam-and-cambodia

Sugarcane a ‘huge potential for farmers’

Cambodia’s three major sugar companies produced 120,126 tonnes of raw sugar in the first nine months of this year, said a Ministry of Industry and Handicraft report. It said Rui Feng (Cambodia) International Co Ltd produced 56,664 tonnes, Yellow Field (Cambodia) International Ltd (51,420 tonnes) ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/sugarcane-huge-potential-farmers

New pepper federation set to promote sector

The government has formed a new federation for the country’s pepper industry to enhance the market and solve challenges in the sector, as the cash crop is currently facing depressed prices. The Cambodia Pepper and Spice Federation was jointly formed last Friday by the Ministries ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/new-pepper-federation-set-promote-sector

Cambodia's H1 garment exports up 10.73 pct, projected strong this year

Cambodia’s garment exports grew by 10.73 percent in the first half of 2018 and are projected to remain strong despite a European Union threat to withdraw duty-free trading access, official data showed on Wednesday. ...

Prak Chan Thul
https://www.reuters.com/article/us-usa-stocks/nasdaq-confirms-correction-while-sp-500-and-dow-erase-2018-gains-idUSKCN1MY1LZ

Making palm sugar harvest attractive again

Kampong Speu Palm Sugar, which has a geographical indication (GI) status, is seeing lower production due to a labour shortage. Kampong Speu Palm Sugar Promotion Association (KSPSPA) president, Sam Saroeun, said on Tuesday that production fell from 300 tonnes last year to 250 tonnes this ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/making-palm-sugar-harvest-attractive-again

Rubber exports surge by 22%

Cambodian rubber exports surged 22 per cent during the first nine months of the year, compared to the same period last year, figures from the Ministry of Agriculture said. Local producers exported 140,303 tonnes of rubber during the period – an increase of 25,240 tonnes ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/rubber-exports-surge-22

Cambodia, Vietnam to boost border trade

Cambodia and Vietnam have agreed to boost their bilateral trade figures to $5 billion with the acceleration of a border trade agreement following an increase in trade volume between both countries. ...

Chea Vannak
https://www.khmertimeskh.com/50533723/cambodia-vietnam-to-boost-border-trade/

Tobacco worth over $2M exported to VN last year

Cambodia exported more than 1,000 tonnes of dry tobacco leaves to Vietnam last year, valued at more than $2 million. The figure marks a 24 per cent increase from 2016, the Ministry of Commerce said. Ministry of Commerce spokesman Long Kemvichet said data showed the ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/tobacco-worth-over-2m-exported-vn-last-year

Cashew sector pared down as farmers change crops

Cashew nut production in the Kingdom declined by more than 50 per cent in the three years leading up to last year, as farmers followed the market by switching to other crops, figures from the Ministry of Agriculture indicate. ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/cashew-sector-pared-down-farmers-change-crops

Trade war may boost Kingdom’s US exports

Exports of travel goods from the Kingdom are set to gain from the ongoing US-China trade war as US lobbyists for the Garment Manufacturers Association of Cambodia (GMAC) claim that President Donald Trump plans to raise duties on such China-made products from 10 to 25 ...

Hor Kimsay
https://www.phnompenhpost.com/business/trade-war-may-boost-kingdoms-us-exports

Local mango planters can still depend on EU market: Exporter

Despite the failure to export to China and South Korea local planters can expect a boost in the exportation of fresh mangoes to the European Union (EU) provided they have quality products, said an exporter yesterday. ...

Chea Vannak
https://www.khmertimeskh.com/50519681/local-mango-planters-can-still-depend-on-eu-market-exporter/

Exports to US see 26% growth

Exports to the US grew 26 per cent in the first half of this year, despite tensions over the Kingdom’s July 29 national elections. This stands in stark contrast to last year when export growth to the US was in single digits. ...

Hor Kimsay
https://www.phnompenhpost.com/business/exports-us-see-26-growth

China should invest in Battambang milling plant

The Minister of Commerce Pan Sorasak urged a Hunan-based company to take advantage of the vast, untapped potential in the agricultural sector and to invest in an export processing plant in Battambang. ...

May Kunmakara
https://www.khmertimeskh.com/50519249/china-should-invest-in-battambang-milling-plant/

Deal signed with China over banana exports

The Kingdom on Thursday signed a joint phytosanitary protocol for banana exports to China, with officials saying this was the first move in promoting the product on the world stage. The agreement was signed by the Chinese ambassador to Cambodia Xiong Bo and Agriculture Minster ...

Hin Pisei
https://www.phnompenhpost.com/business/deal-signed-china-over-banana-exports

Kingdom exports to Japan regain double-digit growth

The Kingdom’s exports to Japan rebounded in the first half of the year, jumping from single-digit growth last year to 19 per cent, new figures from the Japanese External Trade Organization (Jetro) showed. During the first half of last year, Cambodian exports to Japan grew ...

Hor Kimsay
https://www.phnompenhpost.com/business/kingdom-exports-japan-regain-double-digit-growth

Palm sugar GI status in EU hits a glitch

The process of obtaining geographical indication (GI) status for Kampong Speu palm sugar in the European Union suffered a setback this week after a company asked for revisions to the wording of the product’s guidebook, according to a producers association. ...

Chea Vannak
https://www.khmertimeskh.com/50518153/palm-sugar-gi-status-in-eu-hits-a-glitch/

Despite election uncertainty, exports achieve solid growth

Exports of garment and footwear products achieved solid growth during the first half of the year, expanding by 9.3 percent. According to the Ministry of Commerce, exports from the country’s garment industry were valued at $3.7 billion during the first six months of the year. ...

May Kunmakara
https://www.khmertimeskh.com/50517748/despite-election-uncertainty-exports-achieve-solid-growth/

Kingdom’s rubber exports bounce high in first half

Cambodian rubber exports surged 21 percent during the first half of the year, compared to the same period last year, the Ministry of Agriculture said on Sunday. Local producers exported 84,419 tonnes of rubber during the first six months of this year, an increase of ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/kingdoms-rubber-exports-bounce-high-first-half

Two more provinces to be able to issue certificates of origin

Producers, traders and exporters in Ratanakkiri and Tbong Khmum can now apply online for certificates of origin for their exports, submitting applications through the website of their respective provincial commerce department. ...

May Kunmakara
https://www.khmertimeskh.com/50505079/two-more-provinces-to-be-able-to-issue-certificates-of-origin/

Rice deal with Papua New Guinea on the table

Cambodian could soon be exporting its world-renowned rice to the Oceanian nation of Papua New Guinea after trade representatives from both countries held negotiations last week. ...

Sok Chan
https://www.khmertimeskh.com/50491622/rice-deal-with-papua-new-guinea-on-the-table/

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