Economy and commerce
Trade
RCEP will help Cambodia graduate from its least developed country (LDC) status by 2028
Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) member countries reached $28.4 billion in the first 11 months of 2022, a year-on-year increase of 7 percent, the Ministry of Commerce’s latest report showed on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501214449/rcep-will-help-cambodia-graduate-from-its-least-developed-country-ldc-status-by-2028/
Plans to boost agricultural exports and increase rice prices in 2023
The Ministry of Agriculture’s strategy to boost exports, particularly farmers’ rice costs, will be strengthened in 2023. ...
Mao Sreypich
https://kiripost.com/stories/cambodia-plans-to-boost-agricultural-exports-and-increase-rice-prices-in-2023
Cambodia’s export to RCEP countries up 5 percent at $5.6B
Cambodia exported $5,671 million worth of goods to the members of the Regional Comprehensive Economic Partnership (RCEP) countries in eleven months of last year, an increase of 5 percent compared to the same period last year, data from the Ministry of Commerce showed yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501213231/cambodias-export-to-rcep-countries-up-5-percent-at-5-6b/
Labour export from Cambodia on an upswing
With the expected revival of economic activities and China’s decision to ease Covid-19 curbs, many ASEAN and Indo-Pacific states are scrambling to import workers and they are looking at Cambodia. ...
Prakash Jha
https://www.khmertimeskh.com/501211892/labour-export-from-cambodia-on-an-upswing/
Cambodia’s goods exports to US rise nearly a quarter on-year to $8.2B
Cambodia and the US traded goods worth $8.510 billion in the first 11 months of 2022, marking gains of 21.79 per cent on-year, with Cambodian exports to the world’s largest economy accounting for a 96.56 per cent share, according to the General Department of Customs ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodias-goods-exports-us-rise-nearly-quarter-year-82b
Cambodia-China trade reaches $14.5b
Cambodia-China trade volume hit $14.5 billion, up 19 percent from the previous year, Prime Minister Hun Sen said. ...
Mao Sreypich
https://kiripost.com/stories/cambodia-china-trade-reaches-145b
2022 marks another fruitful year of Cambodia-China cooperation
The year of 2022 marked another fruitful year of pragmatic cooperation between Cambodia and China as the two countries have enjoyed bigger trade and investment volumes, officials and academics said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501212286/2022-marks-another-fruitful-year-of-cambodia-china-cooperation/
First export of ‘pra’ fish to China seen January at earliest
The inaugural export of Cambodian iridescent shark catfish to China has again been delayed, and is now expected to take place as soon as next month, as the only authorised exporter takes care of some final formalities, according to Ministry of Agriculture, Forestry and Fisheries ...
Bor Pich Zelin
https://www.phnompenhpost.com/business/first-export-pra-fish-china-seen-january-earliest
Shipping link with three nations all set
CMA CGM Group, the third largest container shipping company worldwide and number one in France, is slated to launch the Yangon Cambodia Express (YCX), creating a direct link between Myanmar, Cambodia, Singapore and Malaysia, and industry insiders are hailing the service as a promising new ...
May Kunmakara
https://www.phnompenhpost.com/business/shipping-link-three-nations-all-set
Cambodia-China bilateral trade volume surged 19%, says PM
Trade volume between Cambodia and China reached $14.5 billion this year, an increase of 19 percent compared to last year, said Prime Minister Hun Sen today. ...
Sok Sithika
https://www.khmertimeskh.com/501211511/cambodia-china-bilateral-trade-volume-surged-19-says-pm/
Cambodia’s TG sector rising fast with 80% of exports to US
Rising demand from the US has contributed to faster growth of the travel goods (TG) industry in Cambodia in comparison to the garment industry for some time, reveal recent estimates. ...
Manoj Mathew
https://www.khmertimeskh.com/501209162/cambodias-tg-sector-rising-fast-with-80-of-exports-to-us/
Cambodia-China FTA and RCEP injects new impetus into Cambodia’s agricultural development
Both RCEP and the CCFTA have been in effect since January 2022. “RCEP and the CCFTA are all free trade agreements that mutually open the market in all participating countries, thus giving farmers choices to export their agricultural products to various countries,” he told Xinhua ...
Khmer Times Staff
https://www.khmertimeskh.com/501209437/cambodia-china-fta-and-rcep-injects-new-impetus-into-cambodias-agricultural-development/
One year on, RCEP, CCFTA give momentum to Cambodia’s trade growth in post-pandemic era
One year on, the Regional Comprehensive Economic Partnership (RCEP) trade deal and the Cambodia-China Free Trade Agreement (CCFTA) have injected a vital impetus to Cambodia’s trade growth in the post COVID-19 pandemic era, an official and experts said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501208233/one-year-on-rcep-ccfta-give-momentum-to-cambodias-trade-growth-in-post-pandemic-era/
Cambodia exported more than $3 billion worth of agricultural products in 10 months
From January to October 2022, Cambodia saw a revenue of more than $3 billion from the exports of agricultural products, said the Ministry of Agricultural. ...
Khmer Times Staff
https://www.khmertimeskh.com/501205851/cambodia-exported-more-than-3-billion-worth-of-agricultural-products-in-10-months/
Japan trade up 13%, but surplus shrinks
The bilateral merchandise trade volume between Cambodia and Japan totalled $1.789 billion in the first 11 months of 2022, rising by 13.11 per cent on-year, with Cambodian exports accounting for a 59.76 per cent share, down by 1.74 percentage points on a yearly basis, according ...
Hin Pisei
https://www.phnompenhpost.com/business/japan-trade-13-surplus-shrinks
Cambodia-Korea bilateral trade worth $659 million in first 10 months of 2022
Cambodia-Republic of Korea (ROK) bilateral trade rose by 4 percent to $659 million in the first ten months of this year, compared to the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501206988/cambodia-korea-bilateral-trade-worth-659-million-in-first-10-months-of-2022/
Cambodia’s apparel exports up 16.56 pct to $8.366 bn in Jan-Nov 2022
Cambodia’s apparel exports increased by 16.56 per cent year-on-year to $8.366 billion during January-November 2022. This constituted 40.89 per cent of Cambodia’s total foreign income of $20.457 billion during the period under review, according to data from the general department of customs and excise under ...
Khmer Times Staff
https://www.khmertimeskh.com/501203010/cambodias-apparel-exports-up-16-56-pct-to-8-366-bn-in-jan-nov-2022/
PM Hun Sen says ASEAN optimistic about achieving single market goal
ASEAN is confident that the goal of establishing a single market would not be far, and the bloc will continue to aim for it for the common interest of its people and leaving no one behind. ...
Khmer Times Staff
https://www.khmertimeskh.com/501203706/pm-hun-sen-says-asean-optimistic-about-achieving-single-market-goal/
Cambodia and the Netherlands sign MoU to boost trade
Cambodia and the Netherlands have inked an MoU in a move that aims to bolster bilateral ties, increase agricultural export and promote trade knowledge. ...
Meas Molika
https://kiripost.com/stories/cambodia-and-the-netherlands-sign-mou-to-boost-trade
Cambodia’s exports to U.S. worth over $8 billion in 11 months
Cambodia exported $8,217 million worth of products to the U.S. market in the first eleven months of this year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501203068/cambodias-exports-to-u-s-worth-over-8-billion-in-11-months/
Cambodian exports to Japan increase by 10.7%
In the first 10 months of 2022, Cambodia exported $1,658 million products to Japan – mostly sewing supplies, leather goods, bags and footwear – representing a 10.7 percent YOY increase ...
Mao Sreypich
https://kiripost.com/stories/cambodian-exports-to-japan-increase-by-107
China-imports 90% of bilateral trade
The Cambodian-Chinese merchandise trade totalled $10.579 billion in the first 11 months of 2022, up 6.31 per cent year-on-year, with imports from China accounting for an 89.51 per cent share, up 3.29 percentage points from the same time in 2021, according to the General Department ...
Hin Pisei
https://www.phnompenhpost.com/business/china-imports-90-bilateral-trade
Robust growth in apparel exports to UK from Cambodia registered
Cambodia’s apparel exports of $758.532 million in the first three quarters of this year have already crossed the total exports of $613.344 million in 2021. At this rate, the exports are likely to touch the $1 billion mark by December 2022. The two countries are ...
Khmer Times Staff
https://www.khmertimeskh.com/501202268/robust-growth-in-apparel-exports-to-uk-from-cambodia-registered/
Cambodia’s exports to world up 18 pct in eleven months
Cambodia exported some $20,457 million worth of goods to the world market in the first eleven months of this year, an increase by 18 percent compared to the same period last year, according to a report of the General Department of Customs and Excise (GDCE) ...
Khmer Times Staff
https://www.khmertimeskh.com/501202310/cambodias-exports-to-world-up-18-pct-in-eleven-months/