Economy and commerce
Trade
Hun Sen proposes investments in rice sector to Bangladesh's foreign minister
Prime Minister Hun Sen urged Bangladeshi investors to invest in the rice sector in Cambodia by building rice mills and buying rice from Cambodian farmers to export to Bangladesh. ...
Cambodia’s first semester rubber exports amount to $215 million
Cambodia exported 135,137 tonnes of rubber in the first half of 2022, a 3 percent increase compared to the same period last year, earning $215 million as revenue, up 2.9 percent. ...
Khmer Times Staff
https://www.khmertimeskh.com/501113188/cambodias-first-semester-rubber-exports-amount-to-215-million/
Cambodia exports surge 40 percent in H1
Cambodia saw high growth in exports in the January-June period this year, driven by the resumption of socio-economic activities, trade preferences in the Regional Cooperation Economic Partnership and the bilateral free trade agreement with China. ...
Chea Vanyuth
http://khmertimeskh.com/501111390/cambodia-exports-surge-40-percent-in-h1/
Cambodia’s trade volume up 20 percent in first half of 2022
Cambodia’s total trade volume was valued at $27.2 billion in the first half of 2022, up 20 percent from 22.6 billion dollars over the same period last year, according to an official report released on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501111765/cambodias-trade-volume-up-20-percent-in-first-half-of-2022/
Cambodia and Myanmar race to become the next apparel manufacturing hub
Kingdom has become a popular destination for China’s processing trade businesses after Vietnam ...
Khmer Times Staff
https://www.khmertimeskh.com/501103915/cambodia-and-myanmar-race-to-become-the-next-apparel-manufacturing-hub-2/
Cambodia’s peppercorn output set to rise: insiders
Cambodia’s peppercorn output this year could rise by around one-tenth over 2021, industry insiders have reported, as the harvest season reaches more than 90 per cent completion. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodias-peppercorn-output-set-rise-insiders
Cambodia-China trade volume up 38 pct
Trade between Cambodia and China have increased by 38 percent compared to the same period last year. This trade increase took place against the backdrop of a compounded global crises. ...
Khmer Times Staff
https://www.khmertimeskh.com/501100887/cambodia-china-trade-volume-up-38-pct/
Consultation workshops aim to boost exports to Cambodia, Laos and Thailand
The Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade will host a consultation workshop in the southern province of Tay Ninh on June 21 for exporters interested in the markets of Laos and Thailand. ...
Khmer Times Staff
https://www.khmertimeskh.com/501098136/consultation-workshops-aim-to-boost-exports-to-cambodia-laos-and-thailand/
Petrol, diesel rates increased to 5,800, 6,100 riel: ministry
The retail prices of regular-grade petrol and diesel respectively increased by about 2.65 per cent and 10.91 per cent on June 13, according to a notice issued by the Ministry of Commerce. ...
Hom Phanet
https://www.phnompenhpost.com/business/petrol-diesel-rates-increased-5800-6100-riel-ministry
Jan-May footwear exports run past $700M
Cambodian exports of footwear and related items topped $700 million in the first five months of 2022, representing gains of more than a third from the same period last year, in an upswing expected to continue as international tourism flows return to pre-Covid-19 levels. ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-may-footwear-exports-run-past-700m
Kingdom’s exports increase by 34 percent in Jan-May
Cambodia’s exports increased during the first five months of this year, which reflected the revival of production chains in the garment and non-garment sectors after a successful vaccination campaign and easing of the pandemic. ...
Chea Vanyuth
https://www.khmertimeskh.com/501093434/kingdoms-exports-increase-by-34-percent-in-jan-may/
Cambodia’s international trade up almost 20 pct in 5 months
Cambodia’s total trade volume was valued at $22.4 billion in the first five months of 2022, up 19.7 percent from 18.7 billion dollars over the same period last year, an official report showed on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501093744/cambodias-international-trade-up-almost-20-pct-in-5-months/
Cambodia's rice exports to ASEAN increase by 9 per cent over last year
Cambodia has exported over 25,000 tonnes of milled rice to ASEAN countries in the first five months of this year, an increase of 9 per cent compared to the same period last year. ...
Hom Phanet
https://www.phnompenhpost.com/business/cambodias-rice-exports-asean-increase-9-cent-over-last-year
The Cambodia-South Korea Free Trade Agreement: Increasing potential for downstream sectors
The Cambodia-South Korea Free Trade Agreement can help boost Cambodian exports of garments, textiles, and footwear to South Korea. The agreement also presents opportunities for value-added investments in Cambodia’s downstream processing industries through a ‘plus one business model’, in which South Korean companies could expand ...
Khmer Times Staff
https://www.khmertimeskh.com/501090924/the-cambodia-south-korea-free-trade-agreement-increasing-potential-for-downstream-sectors/
China Cambodia’s largest milled-rice buyer in 5 months with 52.69% share
China has topped the list of buyers of Cambodian milled rice for the first five months of 2022, accounting for more than half of the Kingdom’s total exports of the commodity, which has seen a nearly 22 per cent year-on-year surge overall. ...
Hom Phanet
https://www.phnompenhpost.com/business/china-cambodias-largest-milled-rice-buyer-5-months-5269-share
Soybean, mung bean exports double on-year
Cambodia exported a total of 64,660 tonnes of soybeans and mung beans in the first four months of this year, roughly doubling from the same period in 2021, with more than 96.5 per cent bought by Vietnam, according to the agriculture ministry. ...
Hin Pisei
https://www.phnompenhpost.com/business/soybean-mung-bean-exports-double-year
Cambodia, Hungary to strengthen trade ties
Cambodia and Hungary agreed to enhance economic and trade cooperation at a meeting held recently at the Ministry of Commerce (MoC) after bilateral trade between the two countries re-bounced this year, according to a release. ...
Kang Sothear
https://www.khmertimeskh.com/501084798/cambodia-hungary-to-strengthen-trade-ties/
PM Hun Sen says RCEP best example of open, inclusive, rules-based trading system
The Regional Comprehensive Economic Partnership (RCEP) free trade pact is the best example of an open, inclusive and rules-based trading system, Cambodian Prime Minister Hun Sen said on Friday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501083969/pm-hun-sen-says-rcep-best-example-of-open-inclusive-rules-based-trading-system/
Cambodia-South Korea Free Trade Agreement: Increasing potential for downstream sectors
The Cambodia-South Korea Free Trade Agreement can help boost Cambodian exports of garments, textiles, and footwear to South Korea. ...
Khmer Times Staff
https://www.khmertimeskh.com/501082487/cambodia-south-korea-free-trade-agreement-increasing-potential-for-downstream-sectors/
Cambodia-South Korea Free Trade Agreement: Increasing potential for downstream sectors
The Cambodia-South Korea Free Trade Agreement can help boost Cambodian exports of garments, textiles, and footwear to South Korea. ...
Khmer Times Staff
https://www.khmertimeskh.com/501082487/cambodia-south-korea-free-trade-agreement-increasing-potential-for-downstream-sectors/
Myanmar, Cambodia expedite talks on two trade cooperation deals
Citing low bilateral trade volume, Myanmar and Cambodia are expediting talks on two draft agreements to raise trade cooperation. Cambodian commerce minister Pan Sorasak recently called on the two sides for more discussions on economic and trade progress “within the regional and bilateral frameworks aimed ...
Khmer Times Staff
https://www.khmertimeskh.com/501081773/myanmar-cambodia-expedite-talks-on-two-trade-cooperation-deals/
PPSP revenue grows 153%, net loss narrows 26% in Q1
Public-listed special economic zone (SEZ) developer Phnom Penh SEZ Plc (PPSP) has reported a sharp increase in total revenue and lower net loss in the first quarter of 2022, a filing with Cambodia Securities Exchange (CSX) showed. ...
May Kunmakara
https://www.phnompenhpost.com/business/ppsp-revenue-grows-153-net-loss-narrows-26-q1
ACLEDA, ABA to facilitate Port EDI payment service
The Ministry of Public Works and Transport will sign a memorandum of understanding (MoU) with ACLEDA Bank and ABA Bank to facilitate the payment of public service fees via Port EDI, an electronic data exchange system. ...
Hom Phanet
https://www.phnompenhpost.com/business/acleda-aba-facilitate-port-edi-payment-service
Cambodia to focus more on growth in exports
Prime Minister Hun Sen said that Cambodia has been boosting exports of manufacturing products – both garment and non-garment – and domestic tourism to support strong economic growth. ...
Chea Vanyuth
https://www.khmertimeskh.com/501080718/cambodia-to-focus-more-on-growth-in-exports/