Economy and commerce
Trade
Cambodia-China trade enjoys robust growth in first eight months of 2024
Cambodia’s trade with China enjoyed robust growth of 24.5% in the first eight months of this year, said an official report released on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501556881/cambodia-china-trade-enjoys-robust-growth-in-first-eight-months-of-2024/
Cambodian rice exports find new markets in 9 countries
The President of the Cambodia Rice Federation (CRF) Chan Sokheang, stated that this year, Cambodia’s rice exports will expand into new markets, including several islands and nine additional countries, with most buyers purchasing fragrant rice. ...
Khmer Times Staff
https://www.khmertimeskh.com/501553650/cambodian-rice-exports-find-new-markets-in-9-countries/
Cambodia makes $305 mil from milled rice export in 8 months
Cambodia exported 412,023 tonnes of milled rice in the first eight months of this year, with a revenue of $305 million, the Cambodia Rice Federation said in a news release on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501554308/cambodia-makes-305-mil-from-milled-rice-export-in-8-months/
Trade between Cambodia, Thailand expected to hit $15 billion by 2025
Bilateral trade between Cambodia and Thailand is expected to reach $15 billion by 2025, said a release on Wednesday. ...
Mom Kunthea
https://www.khmertimeskh.com/501554126/trade-between-cambodia-thailand-expected-to-hit-15-billion-by-2025/
Philippines pledges to boost investment in Kingdom’s rice, pepper sector
The Philippines is committed to boosting investment in Cambodia’s rice and pepper sector for export to the Philippine market. ...
Chea Vanyuth
https://www.khmertimeskh.com/501554143/philippines-pledges-to-boost-investment-in-kingdoms-rice-pepper-sector/
PPSP suffers net loss in Q2’24 amid robust share buyback
The special economic zone owner-operator has recorded zero land sales in the second fiscal quarter with revenue down 82 percent. A share buyback is underway to raise the stock price, which has fallen nearly 20 percent since its IPO price. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/ppsp-suffers-net-loss-in-q224-amid-robust-share-buyback
Trade volume between Cambodia, Thailand is growing, Hun Sen says
Acting Head of State Hun Sen Tuesday expressed satisfaction with the growing trade volume between Cambodia and Thailand. ...
Mom Kunthear
https://www.khmertimeskh.com/501552502/trade-volume-between-cambodia-thailand-is-growing-hun-sen-says/
Cambodian economy stabilizing in 2024 with increased liquidity, exports
The Cambodian economy is demonstrating signs of an overall rebound in 2024, spurred by improving liquidity and improving export demand, says a recently released report, titled ‘Economic Snapshot and Outlook 2024’ by investment advisory firm, Mekong Strategic Capital (MSC). ...
James Whitehead
https://www.khmertimeskh.com/501549598/cambodian-economy-stabilizing-in-2024-with-increased-liquidity-exports/
Cambodia’s 1 million tonne rice export target within reach
One of the cardinal reasons behind the Royal Government of Cambodia’s (RGC) confidence to transform the Kingdom into a high-middle-income country by 2030 and a high-income country by 2050 stems essentially from the government’s ambition to boost rice exports to 1 million tonne by 2025. ...
Mom Kunthear
https://www.khmertimeskh.com/501547260/cambodias-1-million-tonne-rice-export-target-within-reach/
Cambodia, Indonesia to expedite MoU on rice trading soon
With the trade volume between Cambodia and Indonesia exceeding $1 billion in 2023, the two countries on Thursday agreed to expedite the Memorandum of Understanding (MoU) on rice trade. ...
Mom Kunthear
https://www.khmertimeskh.com/501546079/cambodia-indonesia-to-expedite-mou-on-rice-trading-soon/
Cambodia exports nearly $97 mil worth of bananas in the first seven months
Cambodia has exported some 143,481 tonnes of bananas in the first seven months of this year, a decline of 20.59% over the same period in 2023, a report from the Ministry of Agriculture, Forestry, and Fisheries (MAFF) showed. ...
Khmer Times Staff
https://www.khmertimeskh.com/501545755/cambodia-exports-nearly-97-mil-worth-of-bananas-in-the-first-seven-months
Cambodia becomes world’s second largest producer of raw cashew nuts, CAC says
Cambodia has become the world’s second-largest producer of raw cashew nuts, with a total production of 830,000 tonnes in the last seven months of 2024, according to the report of the Cashew Nut Association of Cambodia (CAC). ...
Mom Kunthear
https://www.khmertimeskh.com/501543473/cambodia-becomes-worlds-second-largest-producer-of-raw-cashew-nuts-cac-says/
PPAP revenue increases 11.7%, profit dips 7.18%
Public-listed Phnom Penh Autonomous Port (PPAP) netted a revenue of $18.32 million in the first half of 2024, a rise of 11.7 percent, compared to the same period last year, according to the latest report it filed with the Cambodia Securities Exchange (CSX). ...
Manoj Mathew
https://www.khmertimeskh.com/501544119/ppap-revenue-increases-11-7-profit-dips-7-18/
Cambodia-Vietnam trade reaches $4.6 billion in the first seven months of 2024
Cambodia’s trade relations with Vietnam have seen significant growth in the first seven months of this year, with the total trade volume between the two neighbouring countries reaching over $4.6 billion. ...
Khmer Times Staff
https://www.khmertimeskh.com/501542137/cambodia-vietnam-trade-reaches-4-6-billion-in-the-first-seven-months-of-2024/
Justice ministry warns citizens against “colour revolution plotting"
The Ministry of Justice issued a stern warning that efforts to incite opposition to the Cambodia-Laos-Vietnam Development Triangle Area (CLV-DTA) cooperation are part of a broader scheme to instigate a colour revolution aimed at overthrowing the government. ...
Niem Chheng
https://www.phnompenhpost.com/politics/justice-ministry-warns-citizens-against-colour-revolution-plotting-
Cambodia’s int’l trade reaches over $31bn, up 15% in first 7 months
Cambodia’s foreign trade volume hit $31.18 billion in the first seven months of 2024, up 15% from $27.1 billion over the same period last year, according to an official report released on Saturday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501539306/cambodias-intl-trade-reaches-over-31bn-up-15-in-first-7-months/
Kampong Thom, Gyeongsangbuk-do ink MoU to bolster trade, tourism
Kampong Thom province and Gyeongsangbuk-do province of the Republic of Korea Saturday signed a Memorandum of Understanding (MoU) to further strengthen the partnership between the two countries including trade and investment, education, tourism and agriculture. ...
Mom Kunthea
https://www.khmertimeskh.com/501532239/kampong-thom-gyeongsangbuk-do-ink-mou-to-bolster-trade-tourism/
Vietnam increasing Cambodia’s electricity supply by 400MW
Vietnam will increase its electricity supply to Cambodia to 400 megawatts or more to boost the Kingdom’s economy and to help prevent blackouts or power shortages from occurring. ...
Khmer Times Staff
https://www.khmertimeskh.com/501530165/vietnam-increasing-cambodias-electricity-supply-by-400mw/
Cambodia’s bicycle exports decline 38%
Cambodia’s bicycle exports plummeted 38 percent year-on-year in the first half of 2024 with the export value going down to $205 million, according to a report released by the Ministry of Commerce. ...
Chea Vanyuth
https://www.khmertimeskh.com/501525297/cambodias-bicycle-exports-decline-38/
Cambodia’s trade with RCEP countries rose 14% H1 2024
Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) countries reached $16.9 billion in the first half of this year, up 14% from $14.8 billion over the same period last year, said a Ministry of Commerce’s report on Saturday. ...
Xinhua
https://www.khmertimeskh.com/501526316/cambodias-trade-with-rcep-countries-rose-14-h1-2024/
Challenges, progress in exporting Cambodia's fishery products to the EU
Cambodia’s fisheries sector, a source of income and employment for approximately 33,000 individuals – predominantly women – faces substantial challenges in exporting its products to the EU. ...
Hong Raksmey
https://www.phnompenhpost.com/business/challenges-progress-in-exporting-cambodia-s-fishery-products-to-the-eu
Cambodia, Thailand strengthen bilateral ties in key sectors
In a significant step towards enhancing bilateral relations, Cambodia and Thailand have committed to deepening their cooperation across various fields, emphasising practical results and a strategic partnership that prioritises the interests of their people. ...
Hang Punreay
https://www.khmertimeskh.com/501522645/cambodia-thailand-strengthen-bilateral-ties-in-key-sectors/
Cambodia-China trade sees robust growth in the first half of 2024
Cambodia and China have witnessed a substantial increase in bilateral trade during the first half of 2024, according to an official report released on Wednesday by the General Department of Customs and Excise. ...
Khmer Times Staff
https://www.khmertimeskh.com/501522267/cambodia-china-trade-sees-robust-growth-in-the-first-half-of-2024/
Even stronger ties: Cambodia and Vietnam pledge to enhance cooperation for mutual benefit
Vietnam’s President and the Cambodian Government have reaffirmed their commitment to strengthening bilateral relations and cooperation, driven by a shared cultural heritage and principles of good neighbourliness. Both sides aim to expand and deepen their partnership for the betterment of their peoples and nations. ...
Soth Koemsoeun
https://www.khmertimeskh.com/501522664/even-stronger-ties-cambodia-and-vietnam-pledge-to-enhance-cooperation-for-mutual-benefit/