Trade

Cambodia’s first dairy factory is being planned for Phnom Penh, as one of the owners, a Vietnam-based dairy company, hopes to tap strong local demand for its products. The 2.7-hectare factory, in the Phnom Penh Special Economic Zone (PPSEZ), would produce condensed milk, yoghurt and UHT ...

Rubber exports from Cambodia were up over 17 per cent in the first quarter of 2013, but the revenue from rubber stayed steady as prices decline worldwide, according to data from the Ministry of Commerce. The data showed that in the first quarter of this year, ...

Cambodian export values increased more than 21 per cent in the first quarter of this year compared with the same period last year, and officials said the rise was a positive sign for the Kingdom’s economic growth. According to the Ministry of Commerce’s export data ...

The volume of cargo passing through the Sihanoukville Autonomous Port (SAP) rose 15 per cent in the first quarter of this year compared with the corresponding period last year. Experts say milled-rice exports and fuel imports contributed to the boost in activity. From January to March, ...

In order to boost the Kingdom’s trade performance and improve the quality of lives of farmers along the Thai-Cambodia border, Thailand has agreed to remove import restrictions on Cambodian cassava and maize. Speaking to reporters after the forth meeting of the Joint Trade Committee between Cambodia ...

The commerce affairs office in northeastern Surin has reported robust trade along the Thai-Cambodian border despite unresolved Phra Viharn [Preah Vihear] temple dispute. Mr. Sitthiporn Bangkeaw from the Office of Commerce Affairs Surin revealed that even though the International Court of Justice (ICJ)’s public hearings in ...

The US embassy in Phnom Penh intends to hold a webinar on doing business in Cambodia, providing information on the benefits and challenges of working in the country for US firms. “This is the first webinar that will focus on investment opportunities and an overview of  ...

Officials in Ratanakkiri province are investigating the provincial coordinator for rights group Adhoc for incitement after he helped villagers organize a demonstration, ultimately canceled, against a Vietnamese rubber company in O’Yadaw district. Mr. [Chhay] Thy, [Adhoc’s Provincial Investigator] said yesterday that he met with about ...

Cambodian garment exports are expected to grow in 2013 with the increasing foreign investments along with focus on new market including Japan and China, according to the Garment Manufactures Association of Cambodia (GMAC). In 2012, apparel exports of Cambodia grew nine percent to US$ 4.61 ...

Thailand will forge closer ties with Cambodia and other neighbouring countries to increase competency in rice trading and boost the bargaining power of Asean countries by setting up a rice-trading zone soon. Also, Thailand will expand crop cooperation to cassava to raise farm incomes in the ...

The Bank of China is going to expand its business operations in Cambodia after it was launched here two years ago and seen rapid business growth, Zhu Shuming, visiting deputy governor of Bank of China, said Friday. Speaking at a meeting with Chea Chanto, governor of ...

Despite steady economic growth in recent years, Cambodia remains one of the least-developed countries in the Asia-Pacific region and faces the challenge of diversifying its economy and moving up the production value chain, the U.N. Economic and Social Commission for Asia and the Pacific (ESCAP) ...

The Kep-Kompot Salt Producers Community says salt production fell nearly 50 per cent below forecasts because of early rainfall, which is assumed to end salt harvesting for the year. Prime Minister Hun Sen, however, has stepped in to ensure that price remains stable. Hun Sen ...

The Cambodia Securities Exchange (CSX) has seen slow progress in its first year of operations because there has been only one listed firm and public knowledge about the stock market remains low, officials said Thursday. The CSX was officially launched trading on April 18 last year ...

Government action will be needed to ensure that nearly two decades of impressive economic growth continues in Cambodia, the International Monetary Fund (IMF) said in a report published Wednesday. In its 2013 World Economic Outlook, the IMF put Cambodia’s gross do­mestic product (GDP) growth for 2012 ...

As this year’s pepper harvest gets under way, farmers in Kompong Cham province are expecting lower yields due to severe hot weather in recent months. Yin Sopha, executive director of the Dar Memot Development Agriculture Pepper Cooperative, said the hot weather and lack of rain ...

A U.K. firm being sued by 200 Cambodian farmers over the loss of their land to two sugar plantations has defended its business dealings, claiming that the affected families were dealt with legally and were properly compensated for the loss of their properties. Local farmers ...

A U.S.-based energy company has announced that it is planning a biomass project using genetically modified rice in Cambodia, in a purportedly massive deal about which little information has been made public. In a statement posted online Thursday, Sino Bioenergy Corp. said it had signed a ...

The bilateral trade volume between Cambodia and the United States was worth about 499 million U.S. dollars in the first two months of this year, down 2 percent compared with 510 million U.S. dollars at the same period last year, the statistics of the U.S. ...

Cargos entering and leaving through Phnom Penh Autonomous Port, the kingdom’s 2nd largest port, increased by 34 percent in the first three months of this year due to rising trade activities, a senior port official said Thursday. During the January-March period this year, the state-owned port ...

Hundreds of Cambodian families are suing the British sugar firm Tate & Lyle in one of the U.K’s highest courts over a pair of plantations in Koh Kong province they accuse of violently forcing them off their land and out of their homes. The British law ...

New car sales noticeably increased in the first quarter of this year, a contrast to the year earlier period when sales dropped compared with the first quarter of 2011, officials said. Major car dealers in Cambodia said yesterday the jump is due to improvements in ...

France said it plans to boost its exports to Cambodia as French foreign direct investment in the country – worth $3.18 million in 2012 – continues to rise, officials said on Wednesday. Among this year’s investments, concessions and construction company group Vinci, the largest building ...

The Lahore Chamber of Commerce and Industry (LCCI) on Tuesday handed over country-specific roadmap to Pakistan ambassadors to Thailand, Uzbekistan and Cambodia that would help strengthen liaison, increase bilateral trade and promote economic cooperation. The Ambassador to Thailand Sohail Khan, Ambassador to Uzbekistan Riaz Hussain Bukhari ...