Trade

On Wednesday, Prime Minister Hun Sen said Cambodia remains open to cross-border trade with neighbouring countries, but the borders will remain closed to citizens and travelers. ...

Bilateral trade between Cambodia and Indonesia jumped 46 per cent to a record high of more than $792 million last year, from $543 million in 2018, the Ministry of Commerce said. ...

The Asian Development Bank (ADB) said the Kingdom will see losses amount to more than $390 million due to the economic impact of the Covid-19 outbreak this year. ...

Thailand closes all road travels with Cambodia and tightens conditions for air travel as the measures to prevent the widespread of Covid-19. Thai authorities have begun to carry out the notification of a temporary travel suspension of all border entrances, with some of the ports ...

Cambodia​ and​ Vietnam​ have​ agreed​ to​ allow​ cargo​ trailers​ to​ enter​ the​ common​ Bavet-Moc​ Bai​ border,​ located​ in​ Cambodia’​ Svay​ Rieng​ province​ (Bavet)​ and​ Vietnam’s​ Tay​ Ninh​ province​ (Moc​ Bai)​ after​ movement​ restrictions​ were​ enforced​ to​ prevent​ a​ Covid-19​ outbreak.​ ...

Although controls have been tightened due to the new coronavirus, trade between Cambodia and Vietnam continues, with the countries aiming to achieve $5 billion in trade by the end of the year, a Vietnamese official has confirmed. ...

Some foreign garment buyers have notified garment factories in Cambodia for a suspension on the shipment of garment exports from Cambodia to European and US markets due to the effects of the COVID-19 outbreak. The statement comes after the recent arrival of raw materials from ...

Cambodia has asked for Vietnam’s coordination to ensure uninterrupted cross-border transport of goods amid the COVID-19 epidemic. ...

Small and medium enterprises (SMEs) have called for increased restrictions over allowing imported products from abroad access to their  domestic  markets. ...

The Garment Manufacturers Association in Cambodia (GMAC) said on Wednesday that 12 more Chinese ships transporting raw materials for garment industry will arrive in Cambodia this week. ...

The Royal Government of Cambodia has unveiled plans to improve facilities at border gates with Thailand and Vietnam in order to ease cross-border transport and boost trade activities.   ...

Cambodia’s trade deficit with its global trading partners has continued to widen in 2019, with $7.66 billion more  imports than exports, according to a government report, increasing from $4.83 billion in 2018 and representing a 31.6 percent rise in one year. ...

Cambodian rice exports to international markets grew sharply by more than 21 per cent in the first two months of this year despite fears of the Covid-19 pandemic causing global concern. ...

The government hit a 20-year record in fiscal revenues from tax and Customs and Excise last year, exceeding the target and rising nearly a third year-on-year. Together they were nearly equal to planned expenditure. ...

The General Department of Customs and Excise (GDCE) said its 2020 revenue will take a hit from the outbreak of the novel coronavirus in China. The department is unlikely to meet revenue goals for 2020 as import-export activity in the Kingdom slows down due to the ...

Prime Minister Hun Sen yesterday urged Chinese Ambassador Wang Wentian to look into the possibility of exporting raw materials by air and sea to the Kingdom in order to prevent job losses resulting from a suspension in the operation of garment factories. ...

Cambodia and Indonesia plan to host a Trade and Investment Forum early in June in an effort to attract more Indonesian investors to the Kingdom. The plans were revealed after a meeting between Indonesian Ambassador to Cambodia Sudirman Haseng and Minister of Industry, Science, Technology and ...

Prime Minister Hun Sen says he wants the nation to have many trade agreements with different partners to diversify its economic partners and attract more foreign direct investment. ...

The Cambodia-China Free Trade Agreement is expected to be finalised in November in a move to boost trade between the two countries.   ...

Southeast Asian suppliers from Cambodia, Myanmar and  Vietnam have become increasingly important to global fashion brands. Nearly 20% of Uniqlo owner Fast Retailing’s disclosed core sewing factories are in Vietnam, though China is still home to about half.​ However, these suppliers now face a supply ...

In the wake of concerns about the detrimental impact of the European Commission’s partial EBA withdrawal on Cambodia’s rice export industry, there is positive news. As the country’s most important crop, around 600,000 tonnes of jasmine and fragrant rice are exported every year, according to the ...

Cambodia exported 27,445 tonnes of rubber worth $40 million in the first month of the year, up 17 per cent compared to the same period last year, Ministry of Agriculture, Forestry and Fisheries official Khuon Phalla told The Post on Thursday.​ ...

Shipments of goods between the Kingdom and China are declining amid the Covid-19 outbreak, according to local logistics experts. SHA Transport Express CEO Khut Saroeun told The Post that there has been a 10 per cent drop in import-export activity between the two economies. ...

The Ministry of Agriculture, Forestry and Fisheries has announced that rice exporters and agro-product exporters can now attain sanitary and phytosanitary certificates at one window service centres to streamline the process. The ministry’s decision was made after a Cambodia Rice Federation proposal last week. ...