Economy and commerce
Trade
Vietnam, Cambodia promote cooperation in industry and trade
Minister of Industry and Trade Nguyen Hong Dien on December 12 held a working session in Hanoi with Cambodian Minister of Commerce Cham Nimul and Minister of Industry, Science, Technology and Innovation Hem Vanndy, on the occasion of an official visit to Vietnam by Cambodian ...
Khmer Times Staff
https://www.khmertimeskh.com/501406114/vietnam-cambodia-promote-cooperation-in-industry-and-trade/
Agriculture seen as key driver of Cambodia’s economic growth
Agriculture sector remains one of the economic drivers of Cambodia’s economic growth despite its share of the country’s gross domestic product (GDP) has shrunk. ...
Chea Vanyuth
https://www.khmertimeskh.com/501405986/agriculture-seen-as-key-driver-of-cambodias-economic-growth/
BOC Phnom Penh Branch authorized as RMB clearing bank
China’s central bank announced on Monday that it has authorized the Bank of China (BOC) Phnom Penh Branch to be the clearing bank for renminbi (RMB) business in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501406842/boc-phnom-penh-branch-authorized-as-rmb-clearing-bank/
Cambodia’s garments and agricultural products continue to drive export growth
Cambodia’s export sector has demonstrated resilience, with a slight increase of 1.2 percent in exports during the first 11 months of 2023. According to a report released by the General Department of Customs and Excise, the country exported goods worth $20.5 billion, compared to $20.24 ...
Khmer Times Staff
https://www.khmertimeskh.com/501406845/cambodias-garments-and-agricultural-products-continue-to-drive-export-growth/
Cambodia to turn family farming to strategic production for export
Cambodian Prime Minister Hun Manet told a Vietnamese company yesterday that Cambodia is setting a goal to turn family farming into a strategic production for export. ...
Khmer Times Staff
https://www.khmertimeskh.com/501406135/cambodia-to-turn-family-farming-to-strategic-production-for-export/
Cambodian PM meets leaders of Vietnamese companies
Cambodian Prime Minister Hun Manet received yesterday in Hanoi Mr. PhanDucTu, Board Chairman of the Bank for Investment and Development of Vietnam (BIDV), during his stay in Vietnam for a two-day official visit. ...
Khmer Times Staff
https://www.khmertimeskh.com/501406158/cambodian-pm-meets-leaders-of-vietnamese-companies/
Viet Nam, Cambodia aim for $20billion in trade, boost cooperation in defence, transport
Prime Minister Phạm Minh Chính on Monday had talks in Hà Nội with Cambodian counterpart Samdech Hun Manet, who was on a two-day visit to Việt Nam, also his first to an ASEAN country. ...
Khmer Times Staff
https://www.khmertimeskh.com/501405428/viet-nam-cambodia-aim-for-20billion-in-trade-boost-cooperation-in-defence-transport/
Cambodia’s export to other RCEP members sharply up in 10 months
Cambodia exported $6.45 billion worth of products to the Regional Comprehensive Economic Partnership (RCEP) member countries in the first 10 months of 2023, up 26.5 percent from the same period last year, said a Ministry of Commerce’s report on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501402629/cambodias-export-to-other-rcep-members-sharply-up-in-10-months/
Cambodia makes $3.9 bln from export of agri-products in 11 months
Cambodia earned a gross revenue of $3.9 billion from the export of agricultural products in the first 11 months of 2023, said a Ministry of Agriculture, Forestry and Fisheries (MAFF) report on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501402630/cambodia-makes-3-9-bln-from-export-of-agri-products-in-11-months/
Cambodia makes $1.2 bln from exports of raw cashew nuts, rubber in 10 months
Cambodia earned a total of $1.2 billion from the exports of raw cashew nuts and dry rubber during the first 10 months of 2023, according to official reports on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501399578/cambodia-makes-1-2-bln-from-exports-of-raw-cashew-nuts-rubber-in-10-months/
Kingdom bags $830 million from cashew nut exports
Cambodia exported over 610,000 tonnes of cashew nut to foreign markets in the first 10 months of this year, earning $831 million, according to a Cashew Nut Association of Cambodia’s report released yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501399346/kingdom-bags-830-million-from-cashew-nut-exports/
China shares opportunities with Cambodia and world via Maritime Silk Road
The 187-km Phnom Penh-Sihanoukville Expressway, built under the BRI, shortens the travel time between the capital city and the international deep-water seaport city of Sihanoukville from six hours to just two, said Sar Kackada, mayor of Sihanoukville, Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501398744/china-shares-opportunities-with-cambodia-and-world-via-maritime-silk-road/
RCEP helps international market access to Cambodia
The Regional Comprehensive Economic Partnership (RCEP) has given a big impetus to Cambodia’s exports, contributing to the economic development, said Sok Siphana, Senior Minister in Charge of International and Multilateral Trade and Economic Relations. ...
Chea Vanyuth
https://www.khmertimeskh.com/501395909/rcep-helps-international-market-access-to-cambodia/
Record farming exports seen for 2023
Cambodia’s agricultural exports surpassed 6.2 million tonnes during the first ten months of the year, amounting to more than $3.5 billion across 74 countries, according to the Ministry of Agriculture, Forestry and Fisheries. ...
Van Socheata
https://www.phnompenhpost.com/business/record-farming-exports-seen-for-2023
Exports to India up over 57% in ‘23
Cambodia garnered over $233 million in the first ten months of 2023 from exports to India, marking an increase of nearly 60% compared to the corresponding period in 2022. ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-to-india-up-over-57-in-23
RCEP helps international market access to Cambodia
The Regional Comprehensive Economic Partnership (RCEP) has given a big impetus to Cambodia’s exports, contributing to the economic development, said Sok Siphana, Senior Minister in Charge of International and Multilateral Trade and Economic Relations. ...
Chea Vanyuth
https://www.khmertimeskh.com/501395909/rcep-helps-international-market-access-to-cambodia/
Timor-Leste buys 4,000 tons of Cambodia rice
Timor-Leste has signed an agreement to buy 4,000 tons of rice from Cambodia for the first time after the two countries signed a Memorandum of Understanding (MOU) on rice trade on October 20, according to the Ministry of Commerce (MoC). ...
Yatt Malai
https://kiripost.com/stories/timor-leste-buys-4000-tons-of-cambodia-rice
Cambodia makes $377.5 million from rice exports in first ten months
Cambodia had exported 529,924 tonnes of milled rice in the first 10 months of 2023, earning a total revenue of $377.5 million, the Cambodia Rice Federation said in a news release on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501389491/cambodia-makes-377-5-million-from-rice-exports-in-first-ten-months/
Electrical machinery sales close to double as tech exports surge
Cambodia’s exports of electrical machinery, equipment and related products surpassed $2.4 billion in the first nine months of 2023, marking an increase of nearly double compared to the same period last year, according to the General Department of Customs and Excise (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/electrical-machinery-sales-close-double-tech-exports-surge
Footwear export revenue sees decline
Cambodia’s export revenue from footwear and related products reached nearly $1 billion in the first nine months of 2023, marking a 25.1% decline from the $1.32 billion recorded during the same period last year. ...
Hin Pisei
https://www.phnompenhpost.com/business/footwear-export-revenue-sees-decline
Cambodia, Czech Republic agree to promote cooperation in trade and investment
The Kingdom of Cambodia and the Czech Republic have agreed to further boost their cooperation in trade and investment as well as to have more exchanges of high-level visits between the two countries. ...
Khmer Times Staff
https://www.khmertimeskh.com/501386509/cambodia-czech-republic-agree-to-promote-cooperation-in-trade-and-investment/
Cambodia ready to showcase potential products at 6th CIIE in Shanghai
Cambodia is ready to exhibit its potential products and promote its investment potential and tourism during the sixth China International Import Expo (CIIE), scheduled for Nov. 5-10 in Shanghai, said a Ministry of Commerce’s news release on Saturday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501387015/cambodia-ready-to-showcase-potential-products-at-6th-ciie-in-shanghai/
Measures sought to optimise Vietnam-Cambodia logistic route
The Ho Chi Minh City-based Saigon Newport Corporation held a workshop to seek measures to strengthen connectivity and develop Vietnam – Cambodia logistic service route on October 28 in Phnom Penh, Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501383705/measures-sought-to-optimise-vietnam-cambodia-logistic-route/
MoC committed to boosting trade ties with Thailand
The Ministry of Commerce is committed to improving bilateral trade and investment cooperation with Thailand by attracting new investment to Cambodia and also by increasing the trade between the two countries. ...
Chea Vanyuth
https://www.khmertimeskh.com/501383488/moc-committed-to-boosting-trade-ties-with-thailand/