Trade
Exports
World Bank says Cambodian political uncertainty has 'Unclear' impact
The World Bank said Monday that the impact of Cambodia’s political uncertainty was “unclear” but left its growth forecasts unchanged for this year and next year. “The Cambodian economy remains robust amidst a challenging global economic environment,” the bank said in its East Asia and Pacific ...
The Cambodia Herald Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OTBjN2JiMjBlMzI
Cambodia's rice output forecast to be similar to last year
Cambodia’s production of paddy rice is forecast at about 9.3 million tonnes this year, unchanged from last year’s estimate but up from 8.8 million tonnes in 2011, the Food and Agriculture Organisation said Thursday. In its latest quarterly Crop Prospects and Food Situation report, the UN ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZmYxZmI5NTFjZWM
Cambodia sees 56 pct drop in cassava exports in 8 months
Cambodia had exported 288,300 tons of fresh and dry cassava in the first eight months of the year, down 56 percent compared with same period last year, the figures of the Commerce Ministry said Sunday. The country generated total revenue of 15.2 million U.S. dollars from ...
EastDay.com News Staff
http://english.eastday.com/e/130929/u1a7689224.html
Cambodia sees 45 percent rise in rubber exports in 8 months
Cambodia has reported a 45 percent increase in dry rubber exports in the first eight months of the year, the figures of the Ministry of Commerce showed Saturday. From January to August this year, the country had exported 45, 530 tons of dry rubber, up 45 ...
Global Times News Staff
http://www.globaltimes.cn/content/814624.shtml#.UkjU7dKBmN8
Cambodian Rice Exports Double in the First Seven Months
Cambodia exported 221,027 tons of milled rice in the first seven months of the year, an increase of 103 percent compared to the same period last year, according to figures from the Ministry of Commerce. Officials and rice experts said the increase in exports was thanks ...
Lindsey Peterson and Hul Reaksmey
http://www.cambodiadaily.com/business/cambodian-rice-exports-double-in-the-first-seven-months-43062/
Cambodia sees 21 pct rise in garment exports in first 8 months
Cambodia’s garment industry, the kingdom’s largest income maker, recorded 3.65 billion U.S. dollars in export value in the first eight months of the year, up 21 percent from 3.01 billion U.S. dollars over the same period last year, the Ministry of Commerce said Friday. Cambodian ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-09/20/c_132736137.htm
Cambodia, US Extend Artifacts Trade Agreement
Cambodia and the U.S. have signed an extension to a memorandum of understanding (MoU) that imposes strict import restrictions on artifacts dating from the Bronze Age to the end of the Angkor Empire. Hab Touch, director-general for tangible heritage at the Ministry of Culture and ...
Simon Henderson
https://cambodia.opendevelopmentmekong.net/wp-admin/post.php?post=34061&action=edit&message=1
EU Under Fire for Policy Linked to Land Grabbing in Cambodia
KAMPONG SPEU PROVINCE— Three years ago, Pao had a farm and a charcoal stove near a stream in a community called Omlaing in western Cambodia. The farm gave her rice, charcoal sales gave her extra income and the nearby forest provided edible and medicinal plants. Pao ...
The Irrawaddy News Magazine Staff
http://www.irrawaddy.org/archives/44202
Cambodia reports 1.41 bln USD trade deficit in first eight months
Cambodia has witnessed a trade deficit of 1.41 billion U.S. dollars in the first eight months of the year, according to figures from the Ministry of Commerce on Monday. The country’s total import and export volume was valued at 10.45 billion U.S. dollars during the January-August ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-09/16/c_132725537.htm
Deal sends milled rice to Chinese
State-owned Green Trade Company has signed an agreement with China’s Shandong Meijing Rice Co Ltd to export 100,000 tonnes of Cambodia’s milled rice. The deal was signed between Chinese and Cambodian officials on September 4 at the China-ASEAN summit in the southwest Chinese city of Nanning, ...
May Kunmakara
http://www.phnompenhpost.com/business/deal-sends-milled-rice-chinese
Newspaper threatened over child labour story
A Thai-owned sugar company has threatened legal action against a newspaper that ran a story and video depicting the use of child labour at its Koh Kong province plantation, but advocates on the ground there say the children are indeed used as employees. The Bangkok Post yesterday reported ...
Sean Teehan and Cheang Sokha
http://www.phnompenhpost.com/national/newspaper-threatened-over-child-labour-story
Organic rice exports rise in first half
Responding to growing demand in US and EU markets, organic rice exports have surged, reaching 200 tonnes in the first six months of this year, compared with 100 tonnes for all of last year. Exports of organic rice are meagre compared with other varieties, such ...
Rann Reuy
http://www.phnompenhpost.com/business/organic-rice-exports-rise-first-half
Cambodia-U.S. Bilateral Trade Increases
In the first seven months of this year, the bilateral trade between Cambodia and the U.S. has reached some US$1.7 billion, up by 3.5 percent if compared to the same period in the previous year, according to the U.S. Trade Department’s figures. ...
Thai policy hits Cambodian cassava exports
Thailand’s restriction on agricultural imports earlier this year caused dramatic declines for Cambodia’s cassava exports during the harvest season, provincial border officials said yesterday. Cambodia’s exports of cassava reached 288,109 tonnes in the first six months of this year, a decline of 55 per cent from ...
Hor Kimsay
http://www.phnompenhpost.com/business/thai-policy-hits-cambodian-cassava-exports
Vietnam Plans to Add Border Gates Along Border With Cambodia
Vietnam plans to build 13 new border gates along the boundary line with Cambodia to help boost trade that has already been growing between the two Southeast Asian nations. Vietnam and Cambodia will work out plans to add 13 new border gates over the next seven ...
Nguyen Pham Muoi
http://blogs.wsj.com/searealtime/2013/08/29/vietnam-plans-to-add-border-gates-along-border-with-cambodia/
Cambodia's inflation stands at 2.9 pct in first half of 2013: central bank
Cambodia’s inflation rate has accelerated to 2.9 percent in the first six months of the year, up from 1.8 percent over the same period last year, according to a report of the National Bank of Cambodia (NBC) on Wednesday. “The rate, below 3 percent, is low ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-08/28/c_132670860.htm
A rare delicacy hard to sell
Ou Seathong sells one of the most expensive foods in the world: edible bird spit. At her shop on Street 182 in Phnom Penh, she sorts edible bird nests on the shelves. Hundreds of years old, the Chinese delicacy is made of the congealed saliva ...
Rann Reuy
http://www.phnompenhpost.com/business/rare-delicacy-hard-sell
Cambodia expects double growth in rice exports this year: minister
Cambodia was expected to export as much as 400,000 tons of milled rice in 2013 thanks to rising demand on international markets and the country’s efforts in developing rice industry, Agriculture Minister Chan Sarun said Tuesday. “We project that Cambodia can export up to 400,000 tons ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-08/27/c_132667860.htm
New container terminal may not deliver for Cambodia
Shallow draft, lack of rail connectivity, uneasy relations with Vietnam, and the general slowdown may leave LM 17, Cambodia’s brand new $28-million container terminal near Phnom Penh, up the strait. Even if the terminal achieves the targeted throughput of 110,000 TEUs (it has moved 70,000 so ...
Hindu Business Line News Staff
http://www.thehindubusinessline.com/industry-and-economy/logistics/new-container-terminal-may-not-deliver-for-cambodia/article5061737.ece
Ratch pulls out of JV for Cambodia power plant
Ratchaburi Electricity Generating Holding will cancel its joint-venture agreement with KK Power to build a 1.8-gigawatt coal-fired power plant in Koh Kong province of southwestern Cambodia. Pongdith Potchana, chief executive of Ratch, said yesterday that the company had revised the plan after its analysis indicated that ...
CAMBA Business Expo Looks to Invigorate Cambodian Businesses Both Home and Abroad
The fourth annual Business and Culture Expo hosted by the Cambodian American Business Association, an event designed to bring together business owners, entrepreneurs and Cambodian community members, will be held Sunday August 25 in the parking lot of the Mark Twain Library. However, the event that ...
Kampot’s famous pepper goes global
When Him Anna started to plant pepper crops seven years ago, she would have never thought that one day it would turn into a profitable business. Today, Anna is the chief executive officer of Bright Starling Holdings Co, which owns Starling Farm Kampot Pepper. Established ...
http://www.phnompenhpost.com/business/kampot%E2%80%99s-famous-pepper-goes-global
Cambodia's rubber export up 32 pct in first half of 2013
Cambodia has seen a 32 percent rise in dry rubber exports in the first six months of the year, according to the figures of the Ministry of Commerce on Tuesday. Revenues from the exports valued at 76.5 million U.S. dollars during the first half of ...
http://news.xinhuanet.com/english/business/2013-08/20/c_132647504.htm
Fearing Unrest, Garment Workers Abandon Jobs
Phnom Penh’s garment factories are operating at a greatly reduced capacity as workers return home to the provinces in droves in response to the government’s decision to increase security after the opposition warned they plan to hold mass demonstrations against the election results. Ken Loo, secretary-general ...
http://www.cambodiadaily.com/elections/fearing-unrest-garment-workers-abandon-jobs-39842/