Trade

Exports

Cambodian rice to be DNA tested

Thailand may not export certain varieties of Cambodian-grown, but Thai-milled, rice internationally due to fears of intellectual property violations. Cambodian Malis rice is very similar to jasmine rice, and Thailand has expressed concerns that it may infringe on the Thai-owned jasmine rice variety. The Ministry of Agriculture has been ...

http://www.phnompenhpost.com/index.php/2012071157331/Business/rice-dna-tested.html

ANZ report shows a vulnerable Cambodia

Cambodia and Thailand’s financial exposure to Europe would make the two counties the most vulnerable regionally, an ANZ Bank report showed. The Kingdom’s exports and tourism sectors were on increasingly unstable ground as Europe’s debt crisis advanced. ... ...

http://www.phnompenhpost.com/index.php/2012070957290/Business/anz-report-vulnerable-cambodia.html

Rice exports facing challenges

Pou Puy, president of the Cambodian Rice Millers Association, said that the export of Cambodia’s white rice faces challenges in terms of both quantity and competitive pricing, as exports of milled rice dropped about 35 per cent for the first half of 2012 compared to ...

http://www.phnompenhpost.com/index.php/2012070557221/Business/rice-exports-facing-challenges-quality-and-competition.html

Cambodia Beer to Ship First Export Batch to Japan

Less than two months after opening a $60 million brewery on the outskirts of Phnom Penh, Cambodia Beer will be exported for the first time today when vessels carrying the beer set out for Japan from Sihanoukville Autonomous Port, according to a statement issued yesterday ...

Sihanoukville port sees steady growth

Revenue at Sihanoukville Autonomous Port increased 13.6 per cent year on year between January and June, port officials confirmed yesterday. As the state-owned enterprise gears up for listing on the Cambodia Securities Exchange, the neighbouring Sihanoukville Special Economic Zone will play an increasingly important role in ...

http://www.phnompenhpost.com/index.php/2012070357157/Business/sihanoukville-port-growth.html

Cambodia ripe for more exports

Cambodia offers plenty of opportunities for Vietnamese exporters although there is intense competition from countries such as Thailand and China, delegates said at a conference in HCM City last Thursday. Le Quoc Phong, general director of the Binh Dien Fertiliser Group, said the Cambodian market had ...

http://vietnamnews.vnagency.com.vn/Economy/226853/cambodia-ripe-for-more-exports.html

Experts Question New Trade Goal with Vietnam

Officials and experts yesterday questioned the likelihood of Cambodia and Vietnam’s proposal to hike bilateral trade by more than US$2.5 billion by 2015. The pledge of $5 billion in total trade, made by Cambodian Prime Minister Hun Sen and his Vietnamese counterpart, Nguyen Tan Dung, last ...

http://www.phnompenhpost.com/index.php/2012062757037/Business/experts-question-new-trade-goal-with-vietnam.html

Halal food exports could boost trade

Cambodia could attract an increasing number of Malaysian investors interested in food production and global export if moves to create a halal food recognition body were implemented, Malaysian ambassador Mond Tahir Nasruddin said yesterday. Officials were working together to establish the halal food product recognition ...

Illicit Crocodile Farms Causing Price Collapse

An abundance of illegal crocodile smugglers operating without a license and exporting animals to Vietnam has led to the price of crocodiles dropping by more than half compared to the same period last year, breeders said yesterday. Loun Nam, president of the Crocodile Feeder Association, ...

Factories still skimping: ILO

Cambodia's garment exports exceeded US$1 billion during the first quarter of 2012, yet many factories are failing to pay workers proper maternity leave benefits or address issues of fainting, a labour report says. The International Labour Or­ganization-Better Factories Cam­bodia’s Twenty Eighth Syn­­­thesis Report on Working Conditions ...

Garment Workers Strike, Demand Higher Wages

About 4,000 workers at the M&V Textile factory in Kompong Chhnang province, which supplies well-known brands such as H&M and Gap, went on strike yesterday morning to demand a pay raise, a union representative said. Meas Sokhen, a representative of the Free Trade Union, said ...

Women slow to climb Cambodia's market

Women's economic roles in Cambodia have made slower progress than in many other countries in the Asia-Pacific region, World Bank economists said yesterday. The region as a whole has seen tremendous gains in the way of gender equality during the past 20 years, but increasing wages ...

http://www.phnompenhpost.com/index.php/2012061956865/Business/women-not-on-top-in-market.html

Cambodia Plans To Be Gem And Jewelry Market Supply In Southeast Asia

Cambodia plans to be gem and jewelry market supply in Southeast Asia region, commerce minister said at the fourth Cambodia gems and jewelry fair 2012 at Koh Pich (Diamond Island Center) on June 14. He adds: Ministry of Commerce is continuing its efforts to monitor and ...

http://thesoutheastasiaweekly.com/

Cambodia reports trade deficit of $1.1 b in first 5 months

Cambodia recorded a trade deficit in equivalent to 1.1 billion US dollars in the first five months of this year, according to a report of the Commerce Ministry on Saturday. During January-May period this year, the report showed that the country's total import and export value ...

http://www.globaltimes.cn/content/715292.shtml

Rubber Prices Plummet Despite Increase in Exports

Revenues generated from rubber exports dropped 25 percent to $41 million in the first four months of the year compared to the same period in 2011, as rubber prices on the international market plummeted, according to data released yesterday by the Ministry of Commerce. While rubber ...

Cheap Thai Green Beans Send Local Prices Downward

Large quantities of cheap green bean exports from Thailand are driving down prices of the product in Kompong Cham province by as much as 40 percent compared to the same period last year and forcing farmers to grow other crops, officials and farmers said yesterday. The ...

Cambodia, Japan Trade Volume Reaches $513 Million In 2011

"Two-way trade volume between Cambodia and Japan reached over $513 million in 2011 and it will be expected to increase further for 2012, a senior official from JETRO (Japan External Trade Organization) here said on Friday. Kiyotaka Doho said: Japan's exporting to Cambodia was worth about $205,430,000 and it was increased about 129.8% for year-on-year. And ...

http://thesoutheastasiaweekly.com/

Rice industry calls for help

Milled-rice exporters have called on the government to continue its efforts in reducing electricity and transportation costs, two of the main obstacles facing the government’s goal of exporting 1 million tonnes of milled rice by 2015. At a working group on rice exports on Friday, 40 ...

http://www.phnompenhpost.com/index.php/2012061156715/Business/rice-industry-calls-for-help.html

Cambodian port’s cargo rises 10 percent

The cargo of merchandises including clothes, agriculture products, construction, electronics and other products through the Phnom Penh Autonomous Port (PPAP) has increased 10 percent in the first five months of this year in comparison to the same period last year, according to PPAP’s statistics. ... ...

http://www.etmcambodia.com/news.php?id=118

Stevia Nutra Corporation Set to Launch Stevia Propagation Centre in Cambodia

Stevia Nutra Corporation -- (The Company), an Agro-Management company focused on stevia agronomics is pleased to announce that it has successfully acquired 50 acres of prime agricultural land in Cambodia for its new innovative Stevia Propagation Centre (SPC). The property is located just outside the town ...

http://www.marketwatch.com/story/stevia-nutra-corporation-set-to-launch-stevia-propagation-centre-in-cambodia-2012-06-08

SL factory strikes to slow Cambodian garment industry

A sharp increase in garment factory strikes this year has raised eyebrows among industry insiders, who say the disputes could lead to a decrease in year-on-year export growth. The Arbitration Council, which hears work-related disputes such as factory strikes, saw claims nearly double during the first ...

http://www.phnompenhpost.com/index.php/2012060756642/Business/strikes-hit-garment-boom.html

Second rice trial to China

Local rice miller Mega Green said it planned to export about 240 tons of milled rice to the Chinese market by the end of June – a second round of test exports to Cambodia’s northern neighbour. Renne Outh, owner of Mega Green Imex Cambodia, told the ...

http://www.phnompenhpost.com/index.php/2012060156526/Business/second-rice-trial-to-china.html

Cambodia Plans to Send Second Test Consignment of Rice to China

Cambodia is planning to send a second consignment of 40 tons of milled rice to China as a part of the approval process for rice exports to China. In April, China had rejected a sample consignment of about 48 tons... ...

http://oryza.com/Rice-News/15283.html#

Southeast Asia's solid economic growth rides over global woes

Southeast Asia is showing stronger signs of resilience to global turbulence than the rest of Asia as buoyant domestic spending offsets struggling exports, while low debt levels give governments more room than their cash-strapped counterparts in the West to deliver stimulus. On Thursday, the Philippines became ...

http://uk.reuters.com/article/2012/06/01/uk-seasia-economy-idUKBRE85009U20120601

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