Economy and commerce
Trade
Cambodia earns $170 million from rice exports
In the first four months this year, Cambodia exported 248,491 tonnes of rice worth $170.2 million, a report by the Cambodia Rice Federation (CRF) showed yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501485203/cambodia-earns-170-million-from-rice-exports/
Cambodia’s exports grow by 13% in past seven years
Cambodia’s exports grew by an average of 13.3 percent between 2017 and 2023 and reached $23.47 billion, or 54.7 percent of the country’s gross domestic product in 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501484828/cambodias-exports-grow-by-13-in-past-seven-years/
Cambodia seals DTA deal with Philippines
Following a series of negotiations spanning nearly five years, the Cambodian and Philippines governments have concluded the final draft of a double taxation agreement (DTA) between the two nations, in a bid to improve trade and ease investment mechanisms. ...
James Whitehead
https://www.khmertimeskh.com/501483860/cambodia-seals-dta-deal-with-philippines/
Business forum to scale up Cambodia-Mexico trade, investment ties
Trade and investment cooperation between Cambodia and Mexico are expected to increase after a business forum which is planned to be organized in Phnom Penh soon. ...
Chea Vanyuth
https://www.khmertimeskh.com/501481587/business-forum-to-scale-up-cambodia-mexico-trade-investment-ties/
Cambodia’s exports to Japan rise 18.4%
Cambodia’s exports to Japan reached $365 million in the first quarter (Q1) of this year, an increase of 18.4 percent compared to the same period last year. ...
Manoj Mathew
https://www.khmertimeskh.com/501479402/cambodias-exports-to-japan-rise-18-4/
Cambodia mulls DTA talks with seven countries
Cambodia is mulling Double Taxation Avoidance (DTA) deals with seven countries, naming the Philippines, Laos, Myanmar, France, Japan, Morocco, and the United Arab Emirates, the General Department of Taxation (GDT) said in a press release last week. ...
Chea Vanyuth
https://www.khmertimeskh.com/501475836/cambodia-mulls-dta-talks-with-seven-countries/
Cambodia gears up for LDC graduation challenges
While exiting the Least Developed Country (LDC) status is considered a development milestone for Cambodia, it also means loss of trade benefits enjoyed by LDCs, including duty-free status under the Generalized System of Preferences by various countries especially the European Union. ...
Manoj Mathew
https://www.khmertimeskh.com/501475821/cambodia-gears-up-for-ldc-graduation-challenges/
Cambodia’s trade with Vietnam rises nearly 25%
Neighbouring Vietnam has consolidated its position as the second biggest trade partner of Cambodia after China with trade volume between the two rising by 24.5 percent to reach $2.32 billion in the first three months of this year (Q1, 2024), compared to the same period ...
Manoj Mathew
https://www.khmertimeskh.com/501474739/cambodias-trade-with-vietnam-rises-nearly-25/
Garment, footwear exports up 20% to $2.9B in Q1
Cambodia exported garment, footwear and travel goods worth 20 percent more than $2.9 billion in the first quarter, as per a report from the General Department of Customs and Excise. ...
Rachel David
https://www.khmertimeskh.com/501474747/garment-footwear-exports-up-20-to-2-9b-in-q1/
Kingdom’s export to EU up 11.9 percent in Q1
Cambodia exported $903 million worth of goods to the European Union (EU) up 11.9 percent from the $807 million in the same period last year, a report of the General Department of Customs and Excise revealed. ...
Chea Vanyuth
https://www.khmertimeskh.com/501474745/kingdoms-export-to-eu-up-11-9-percent-in-q1/
Cambodia hosts the fourth senior officials’ talks with Australia with fruitful outcomes
Senior officials from the Ministry of Foreign Affairs and International Cooperation of Cambodia and Foreign Affairs and Trade of Australia have co-chaired the fourth Senior Officials Talks (SOTS) between the two countries. ...
Khmer Times Staff
https://www.khmertimeskh.com/501474353/cambodia-hosts-the-fourth-senior-officials-talks-with-australia-with-fruitful-outcomes/
PPAP revenue rise to $8m, all round growth in Q1’24
Phnom Penh Autonomous Port (PPAP) posted a 7.1 percent year-on-year revenue hike at $8.1 million for the first quarter ended March 31, 2024 from $7.5 million, with container throughput climbing 20.4 percent to 93,153 TEUs (twenty-foot equivalent units). ...
Sangeetha Amarthalingam
https://kiripost.com/stories/ppap-revenue-rise-to-8m-all-round-growth-in-q124
MoC partners with Thailand for Thaifex-Anuga Asia 2024
The Cambodian Ministry of Commerce (MoC) said that the Department of International Trade Promotion of the Ministry of Commerce of Thailand is going to organise ‘THAIFEX-Anuga Asia 2024’. ...
Rachel David
https://www.khmertimeskh.com/501471597/moc-partners-with-thailand-for-thaifex-anuga-asia-2024/
Cambodia’s bicycle export down 43 pct in Q1
Cambodia’s bicycle export fell 43 percent year on year in the first quarter of 2024, said a General Department of Customs and Excise’s report on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501473617/cambodias-bicycle-export-down-43-pct-in-q1/
Cambodia’s trade with RCEP countries up 14.6 pct in Q1
Cambodia’s trade with Regional Comprehensive Economic Partnership (RCEP) countries reached $8.36 billion in the first quarter (Q1) of 2024, up 14.6 percent from $7.29 billion over the same period last year, said the Ministry of Commerce’s report released on Friday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501472193/cambodias-trade-with-rcep-countries-up-14-6-pct-in-q1/
Cambodia’s garment, footwear, travel goods export up 20 pct in Q1
Cambodia exported $2,941 million worth of garment, footwear and travel products (GFTs) to international markets in the first quarter of 2024, up 20 percent from 2,449 million dollars over the same period last year, said a report released by the Ministry of Commerce on April ...
Khmer Times Staff
https://www.khmertimeskh.com/501472270/cambodias-garment-footwear-travel-goods-export-up-20-pct-in-q1/
Cambodia’s trade with ASEAN up 19% in Q1
Cambodia’s trade with other ASEAN countries rose by 18.64 percent to $4.32 billion in the first quarter of this year, a report from the Ministry of Commerce showed. ...
Chea Vanyuth
https://www.khmertimeskh.com/501473546/cambodias-trade-with-asean-up-19-in-q1/
Cambodia’s plastic bag imports down 74.6 pct in Q1
Cambodia has reported a significant decline in the imports of plastic bags in the first quarter of 2024, thanks to an ongoing plastics-free campaign, said the Environment Ministry’s news release on April 10, 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501471189/cambodias-plastic-bag-imports-down-74-6-pct-in-q1/
PM highlights important roles of trade policy advisory board
Prime Minister Hun Manet has underlined the key roles and responsibilities of the Trade Policy Advisory Board (TPAB) while presiding over the inaugural launch and first plenary session of the TPAB, held here at the Peace Palace on April 8, 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501471214/pm-highlights-important-roles-of-trade-policy-advisory-board/
Stringent rules for meat importers soon, says GDCE
The General Department of Customs and Excise (GDCE) of Cambodia said that after a meeting with meat importers, it will be setting more stringent guidelines and conditions for those operating in this sector. ...
Rachel David
https://www.khmertimeskh.com/501470201/stringent-rules-for-meat-importers-soon-says-gdce/
OVOP movement gathering strength in Cambodia
The Seventh National Day for the promotion of Khmer products will be celebrated today (April 9), under the theme ‘Sustainable Production and Supply to the Market – One Village, One Product Movement.’ ...
Manoj Mathew
https://www.khmertimeskh.com/501469672/ovop-movement-gathering-strength-in-cambodia/
Rice exports earn $123 million in Q1
Cambodia exported 166,451 tons of milled rice in the first quarter (Q1) of 2024, down 5.7 percent from 176,581 tons in the same period last year, a report from the Cambodia Rice Federation (CRF) showed. ...
Chea Vanyuth
https://www.khmertimeskh.com/501469151/rice-exports-earn-123-million-in-q1/
CABS provides opportunity for regional connectivity, says MoC
Cambodia’s commitment and efforts in unleashing the broader ASEAN market and beyond cropped up for discussion on Monday evening during the cocktail networking event of the Cambodia-ASEAN Business Summit (CABS) at Sofitel Phnom Penh Phokeethra in the capital. ...
Nhean Chamrong
https://www.khmertimeskh.com/501466686/cabs-provides-opportunity-for-regional-connectivity-says-moc/
Promotion of Cambodia-Hong Kong trade and investment relations discussed
Cambodia and the Hong Kong Special Administrative Region (SAR) will promote their relationship, particularly in terms of trade and investment. ...
Khmer Times Staff
https://www.khmertimeskh.com/501459806/promotion-of-cambodia-hong-kong-trade-and-investment-relations-discussed/