Economy and commerce
Trade
Cambodia to start exporting corn to China
China has given the greenlight for Cambodia to export corn, with HN Outsources Trading and Technology Co.Ltd named as the first company to be registered to ship the crop to China. ...
Mao Sreypich
https://kiripost.com/stories/cambodia-to-start-exporting-corn-to-china
Sihanoukville port records $18.9m profits in six months
Sihanoukville port saw its profits more than double to $18.9 million in the first six months of the year, thanks to an increase in the number of containers passing through the port. ...
Prak Chan Thul
https://kiripost.com/stories/sihanoukville-port-records-189m-profits-in-six-months
UK’s DCTS could benefit Cambodia’s travel goods export, GMAC counters
The United Kingdom recently came out with a few more details of the proposed revamp of its Generalised Scheme of Preferences (GSP)—to be rolled out in early 2023—which reportedly suggests the revision could benefit more Cambodian garment and textile commodities, especially travel goods. ...
Khmer Times Staff
https://www.khmertimeskh.com/501138634/uks-dcts-could-benefit-cambodias-travel-goods-export-gmac-counters/
Cambodia temporarily bans imports of asbestos-contained talc baby powder
Cambodia has temporarily halted the imports and distribution of several brands of talc baby powder after asbestos has been detected in those products, the directorate-general of Consumer Protection, Competition and Fraud Repression (CCF) said on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501137845/cambodia-temporarily-bans-imports-of-asbestos-contained-talc-baby-powder/
Downturn for Kingdom’s banana exports: Cambodia’s banana exports drop by seven percent in first seven months
Banana exports from Cambodia have seen a decrease in the first seven months of this year and the Ministry of Agriculture has reported a decrease of 7.28 percent. ...
Khmer Times Staff
https://www.khmertimeskh.com/501137881/downturn-for-kingdoms-banana-exports-cambodias-banana-exports-drop-by-seven-percent-in-first-seven-months/
Cambodia-China bilateral trade reaches almost $7 billion in first seven months
Bilateral trade between Cambodia and China was amounted to $6,971 million in the first seven months of 2022, up 15.6 percent compared to the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501135128/cambodia-china-bilateral-trade-reaches-almost-7-billion-in-first-seven-months/
Almost $6 billion Cambodia-US trade registered in first seven months
Bilateral trade between Cambodia and the US was amounted to $5.892 billion in the first seven months of 2022, up 45 percent compared to the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501134336/almost-6-billion-cambodia-us-trade-registered-in-first-seven-months/
Cambodia exports rubber worth almost $255 million in first 7 months of 2022
Cambodia exported 161,562 tons of dry rubber in the first seven months of 2022, a slight drop of 0.3 percent year-on-year, said a General Directorate of Rubber report on Friday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501131275/cambodia-exports-rubber-worth-almost-255-million-in-first-7-months-of-2022/
21% rise in Cambodia’s trade, US the biggest export market
Cambodia’s international trade rose to $32.82 billion in the first seven months of this year, a year-on-year increase of 21.3 percent, and the United States is the biggest market for the country accounting for 43 percent of the Kingdom’s total exports. ...
Manoj Mathew
https://www.khmertimeskh.com/501130562/21-rise-in-cambodias-trade-us-the-biggest-export-market/
Cambodian banana exports may reach 500,000 tons in 2022
The Cambodian Banana Association Alliance held a symposium for member companies in Phnom Penh on August 6. More than 50 representatives from alliance member companies and guests from all sectors attended the event. ...
Khmer Times Staff
https://www.khmertimeskh.com/501130239/cambodian-banana-exports-may-reach-500000-tons-in-2022/
Cambodia’s international trade up 21 percent in January-July
Cambodia’s international trade was amounted to $32.82 billion in the first seven months of this year, a year-on-year increase by 21.3 percent. ...
Khmer Times Staff
https://www.khmertimeskh.com/501130188/cambodias-international-trade-up-21-percent-in-january-july/
Cambodia-China trade up 15.6 pct in first 7 months
Trade volume between Cambodia and China was valued at $6.97 billion in the first seven months of 2022, up 15.6 percent year-on-year, according to the General Department of Customs and Excise’s report released on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501130174/cambodia-china-trade-up-15-6-pct-in-first-7-months/
Cambodia’s garment manufacturers group worries over drop in purchase orders from West
The Garment Manufacturers Association in Cambodia (GMAC) on Wednesday expressed concern over a decline in purchase orders from Western countries for the second half of 2022. ...
Khmer Times Staff
https://www.khmertimeskh.com/501130181/cambodias-garment-manufacturers-group-worries-over-drop-in-purchase-orders-from-west/
Cambodia, EU vow to strengthen bilateral ties
Cambodia and the European Union have vowed to enhance bilateral ties for mutual benefits, a spokesman said on Friday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501126740/cambodia-eu-vow-to-strengthen-bilateral-ties/
Cambodia-China bilateral trade hits $11b
Cambodia and China’s bilateral trade hit more than $11 billion last year, Prime Minister Hun Sen said on Wednesday as he asked visiting Chinese Foreign Minister Wang Yi to increase economic exchange to reach $15 billion. ...
Seng Mengheng and Prak Chan Thul
https://kiripost.com/stories/cambodia-china-bilateral-trade-hits-11b
Japan cashew sales may resume September
Cambodia’s sole exporter of cashew nuts to Japan is set to resume shipments in mid-September, after it sent its last consignment in March, before Tokyo began requesting an additional certificate, a requirement it had waived in light of Covid-19, according to the enterprise’s owner. ...
Hin Pisei
https://www.phnompenhpost.com/business/japan-cashew-sales-may-resume-september
Cambodia’s garment, footwear, travel goods exports up 40 pct in H1 of 2022
Cambodia’s garment, footwear and travel goods industry has seen a 40-percent rise in exports in the first half of this year, according to a report from the General Department of Customs and Excise. ...
Khmer Times Staff
https://www.khmertimeskh.com/501123902/cambodias-garment-footwear-travel-goods-exports-up-40-pct-in-h1-of-2022/
Sihanoukville SEZ exports $1.3b in six months
Sihanoukville Special Economic Zone’s (SSEZ) exports were worth $1.3 billion during the first half of 2022, marking a year-on-year increase of almost 40 percent, according to the Ministry of Labor and Vocational Training. ...
Penh Chamroeun
https://kiripost.com/stories/sihanoukville-sez-exports-13b-in-six-months
Cambodia exports to South Korea up 22% H1
Cambodia exported $111.35 million worth of merchandise to the Republic of Korea in the first half of this year, a 22 percent increase year-on-year, according to a report by the General Department of Customs and Excise. ...
Chea Vanyuth
https://www.khmertimeskh.com/501119197/cambodia-exports-to-south-korea-up-22-h1/
Growth of fruit exports to China highlights effectiveness of Cambodia-China FTA
The export of agricultural products, especially fresh fruits, has become an important part of the improving of the living standards of farmers and promote national economic growth. Cambodia has seen an increase in fruit exports to China under the Cambodia-China Free Trade Agreement. ...
Khmer Times Staff
https://www.khmertimeskh.com/501118917/growth-of-fruit-exports-to-china-highlights-effectiveness-of-cambodia-china-fta/
Cambodia’s milled rice export up 16% in H1
Cambodia exported 327,000 tonnes of milled rice in the first semester this year, an increase of 16 percent compared to the same period last year, earning the country $279 million, according to a report by the Cambodia Rice Federation (CRF). ...
Chea Vanyuth
https://www.khmertimeskh.com/501115793/cambodias-milled-rice-export-up-16-in-h1/
Sihanoukville SEZ H1 trade surges 38%
The value of imports and exports passing through the Sihanoukville Special Economic Zone (SSEZ) in the country registered a 38 percent year-on-year increase, according to reports. ...
Adur Pradeep
https://www.khmertimeskh.com/501115794/sihanoukville-sez-h1-trade-surges-38/
Cambodia sees cassava exports increase by 40 percent in H1
In the first half of 2022, Cambodia exported 2.3 million tons of cassava products, an increase of about 40 percent compared to the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501116199/cambodia-sees-cassava-exports-increase-by-40-percent-in-h1/
Cambodia’s rice export to China up over 17 pct in H1
Cambodia exported 168,280 tons of milled rice to China in the first half of 2022, up 17.4 percent over the same period last year, said an official report on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501115402/cambodias-rice-export-to-china-up-over-17-pct-in-h1/