Economy and commerce
Trade
Kingdom exports to Japan regain double-digit growth
The Kingdom’s exports to Japan rebounded in the first half of the year, jumping from single-digit growth last year to 19 per cent, new figures from the Japanese External Trade Organization (Jetro) showed. During the first half of last year, Cambodian exports to Japan grew ...
Hor Kimsay
https://www.phnompenhpost.com/business/kingdom-exports-japan-regain-double-digit-growth
Palm sugar GI status in EU hits a glitch
The process of obtaining geographical indication (GI) status for Kampong Speu palm sugar in the European Union suffered a setback this week after a company asked for revisions to the wording of the product’s guidebook, according to a producers association. ...
Chea Vannak
https://www.khmertimeskh.com/50518153/palm-sugar-gi-status-in-eu-hits-a-glitch/
Despite election uncertainty, exports achieve solid growth
Exports of garment and footwear products achieved solid growth during the first half of the year, expanding by 9.3 percent. According to the Ministry of Commerce, exports from the country’s garment industry were valued at $3.7 billion during the first six months of the year. ...
May Kunmakara
https://www.khmertimeskh.com/50517748/despite-election-uncertainty-exports-achieve-solid-growth/
Chinese Ambassador: EU Should Not Mix Politics,Trade in Cambodia
China’s Ambassador in Phnom Penh says the European Union should not mix politics with trade as it mulls withdrawing Cambodia’s vital preferential single market access in response to the country’s autocratic backslide. ...
David Boyle
https://www.voanews.com/a/chinese-ambassador-eu-should-not-mix-politics-trade-in-cambodia/4489291.html
Salt body to import 30k tonnes from Thailand, China
The Kingdom will import 30,000 tonnes of salt to meet domestic demand as stockpiles are expected to empty by November, a leader from the Salt Producers Community of Kampot-Kep said. Citing the impact heavy rains have had on the industry, co-executive director of the body, ...
Hin Pisei
https://www.phnompenhpost.com/business/salt-body-import-30k-tonnes-thailand-china
Kingdom’s rubber exports bounce high in first half
Cambodian rubber exports surged 21 percent during the first half of the year, compared to the same period last year, the Ministry of Agriculture said on Sunday. Local producers exported 84,419 tonnes of rubber during the first six months of this year, an increase of ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/kingdoms-rubber-exports-bounce-high-first-half
Private sector to EU: Don’t punish Cambodia
Representatives of the Kingdom’s private sector this week urged the European Union not to cancel the Everything-but-arms (EBA) scheme in response to a perceived deterioration of human rights and democracy in the country. ...
May Kunmakara
https://www.khmertimeskh.com/50510723/private-sector-to-eu-dont-punish-cambodia/
Kingdom's trade deal with EU questioned before poll
A European Union (EU) mission met with senior government officials at the Ministry of Interior on Tuesday as the 28-member bloc monitors an agreement under which Cambodian goods reach the crucial European market tariff-free. ...
Niem Chheng
https://www.phnompenhpost.com/national/kingdoms-trade-deal-eu-questioned-poll
Salt body to name quota for imports
Salt producers in the Kingdom will meet next week to finalise import quotas in line with domestic demand, the chief technical officer of the Kep-Kampot Salt Producers community (KKSPC) said on Sunday. Last month, the KKSPC said Cambodia needed to import approximately 30,000 tonnes of ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/salt-body-name-quota-imports
Kingdom becomes top bicycle supplier to EU
Cambodia became the largest bicycle supplier to the European Union (EU) last year, overtaking Taiwan, which had held the number one spot for two decades, a recent report from the website Bike-EU.com said on Monday. The report from the leading industry newsletter associated with the ...
Hor Kimsay
https://www.phnompenhpost.com/business/kingdom-becomes-top-bicycle-supplier-eu
Two more provinces to be able to issue certificates of origin
Producers, traders and exporters in Ratanakkiri and Tbong Khmum can now apply online for certificates of origin for their exports, submitting applications through the website of their respective provincial commerce department. ...
May Kunmakara
https://www.khmertimeskh.com/50505079/two-more-provinces-to-be-able-to-issue-certificates-of-origin/
Customs unit to get choppers to fight smuggling: PM
Prime Minister Hun Sen yesterday said that the Cambodian customs unit will have helicopters equipped with weapons to stamp out smuggling. ...
Khuon Narim
https://www.khmertimeskh.com/50504920/customs-unit-to-get-choppers-to-fight-smuggling-pm/
Koh Trong pomelo gets GI recognition
The pomelo grown in Kratie’s Koh Trong commune is now the third Cambodian product to obtain Geographical Indication (GI) status, following in the footsteps of Kampot pepper and Kampong Speu’s palm sugar. ...
Sok Chan
https://www.khmertimeskh.com/50504798/koh-trong-pomelo-gets-gi-recognition/
China says low sanitary standards in Cambodia a barrier to more trade
With the countries aiming to achieve $6 billion in bilateral trade by 2020, China on Tuesday said Cambodia’s low sanitary and phytosanitary standards stand in the way of achieving their mutual trade goals, particularly when it comes to agricultural goods. ...
Fasmec brings in website for SMEs
Cambodian entrepreneurs who are members of the Federation of Association for Small and Medium Enterprises of Cambodia (Fasmec), can soon display and sell their products on a new shopping website, thanks to a partnership with London-based Sram & Mram Resources Ltd. ...
Hor Kimsay
https://www.phnompenhpost.com/business/fasmec-brings-website-smes
Amru bags rice deals worth almost $10M
Amru Rice Group, one of Cambodia’s largest rice exporters, on Thursday signed a contract purchase agreement with 4,000 organic rice farmers in Preah Vihear province. The agreement effectively means that the company will reserve nearly $10 million to purchase around 30,000 tonnes of organic paddy ...
Hor Kimsay
https://www.phnompenhpost.com/business/amru-bags-rice-deals-worth-almost-10m
Officials seize 400kg of wildlife in Kratie
Phnom Penh Forestry Administration (FA) on Tuesday morning stopped a passenger bus that was carrying snakes, water monitor lizards, turtles and tortoises, weighing a total of 400kg, said Kom Seyha, office chief at the Phnom Penh FA, who led the operation. ...
Niem Chheng
https://www.phnompenhpost.com/national/officials-seize-400kg-wildlife-kratie
Agriculture ministry halts imports of pesticides
The Ministry of Agriculture, Forestry and Fisheries has temporarily halted the import, supply and distribution of all pesticides. The ban comes after at least 14 people died and around 300 were warded after poisonings in Sre Norn and Alorch villages in Chet Borey district’s Kantuot ...
Post Staff
https://www.phnompenhpost.com/national/agriculture-ministry-halts-imports-pesticides
Low salt yields leave industry scrambling to keep up reserves
Cambodia may need to import 30,000 tonnes of salt this year to meet local demand as producers face a shortage due to climate change, an industry group says. Bun Baraing, co-director of the Kep-Kampot Salt Producers Community (KKSPC), told The Post on Wednesday that this ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/low-salt-yields-leave-industry-scrambling-keep-reserves
Rice deal with Papua New Guinea on the table
Cambodian could soon be exporting its world-renowned rice to the Oceanian nation of Papua New Guinea after trade representatives from both countries held negotiations last week. ...
Sok Chan
https://www.khmertimeskh.com/50491622/rice-deal-with-papua-new-guinea-on-the-table/
Exports to US up 25 pct in Q1
Cambodian exports to the United States, the world’s largest economy, rose sharply during the first three months of the year following a marked increase in the shipments of travel goods after the US renewed its Generalized System of Preferences in March. ...
May Kunmakara
https://www.khmertimeskh.com/50490954/exports-to-us-up-25-pct-in-q1/
Trilateral discussions in agricultural trade begin
Representatives of Cambodia, Thailand and Vietnam gathered yesterday in Phnom Penh to discuss ways of improving trading procedures in Asean, particularly in agricultural goods, as part of a workshop organised by German development agency GIZ. ...
Chea Vannak
https://www.khmertimeskh.com/50484131/trilateral-discussions-in-agricultural-trade-begin/
Kampong Speu authorities confiscate nearly 20 kilograms of wildlife
Kampong Speu Military Police, along with Wild-life Alliance experts, on Wednesday cracked down on a home in Chech village where they confiscated nearly 20 kilograms of live wild animals, officials said on Thursday. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/kampong-speu-authorities-confiscate-nearly-20-kilograms-wildlife
New cassava factory to operate at full capacity next month
Ratanakkiri’s first cassava-processing plant will operate at full capacity starting next month, producing 300 tonnes of cassava products per day. The factory is now on a test run and is only producing 10 tonnes of cassava products a day, said Soy Sona, director of Ratanakkiri’s ...
Chea Vannak
https://www.khmertimeskh.com/50483716/new-cassava-factory-to-operate-at-full-capacity-next-month/