Trade

It has now been some time since the special summit between the leaders of the Association of Southeast Asian Nations (ASEAN) and U.S. President Barack Obama at Sunnylands, California, on Feb. 15-16. The meeting was the first of its kind to be held on American ...

Mong Reththy, known as the king of agriculture in Cambodia for his role running the large Mong Reththy Group, aims to expand the Kingdom’s mango market to Europe. ...

A truck transporting corn from Battambang to Prey Vang province was seized by forestry officials on Monday evening after hundreds of turtles and pythons were found stashed inside, according to officials. ...

The government said yesterday it had no plans to ban the import of second-hand cars, despite concerns Cambodia lags behind other ASEAN countries on the issue and over safety and consumer protection. ...

The newly established special industry committee to deal with the crisis confronting the rice sector will meet Deputy Prime Minister Keat Chhon today to discuss urgent solutions to the problems they face. ...

Cambodia launched an economic cooperation forum here on Thursday, aimed to further promote bilateral trade, investment and tourism relations with China, officials said. ...

Prime Minister Hun Sen has asked China to import more agricultural products from Cambodia to boost bilateral trade and strengthen the relationship between the two countries. The prime minister wants to boost bilateral trade to $5 billion by 2017. ...

Despite a decline in the amount of exports, income from the fisheries sector rose almost 30 percent last year compared with 2014. ...

Cambodia’s exports of crude palm oil have increased, though the price has declined in line with falling global prices, according to an official and a producer. ...

The Kingdom exported 9,379.29 tons of sesame last year, according to a report from the Ministry of Agriculture, Forestry and Fisheries, with Vietnam buying the lion’s share. ...

Palm sugar from Kampong Speu, which has been registered for geographical indication (GI) status, is in the processing stage of being granted protected geographical indication (PGI) status in Thailand and Vietnam. This comes after Kampot pepper was recently certified as PGI in the European Union ...

New figures show that Cambodia’s sugar exports to the European Union fell by 94.8 per cent between 2013 and 2015, amid accusations of rights abuses and land grabbing in the Kingdom’s industry. ...

Trade between Cambodia and Hong Kong is rising fast, expanding from about $1 billion in 2014 to $1.3 billion last year year, Veng Sothy, an Undersecretary of State at the Commerce Ministry, told a meeting in Siem Reap Friday. ...

Tag Wealth International, a subsidiary of Australian financial services company Tag Group, will establish a permanent office in Phnom Penh to provide services for expatriates living in Cambodia, its director said yesterday. ...

Malaysian conglomerate Muhibbah Engineering Bhd reported that revenue declined 7.5 per cent last year, but gross profit increased in part due to its stake in the company that operates Cambodia’s three international airports. ...

Local rice millers and exporters have responded with alarm to the rice-export target set by the Lao government of 1 million tons this year, while Cambodian rice millers and traders have yet to overcome numerous barriers hindering their competitiveness at home and abroad. ...

The Cambodia Rice Federation (CRF) will work closely with the government to curb Vietnamese rice imports flooding the domestic market and channel more lending to domestic millers so that they can compete with rivals in neighboring countries, it said yesterday in a statement. ...

Recently, several local newspapers reported that Cambodia surpassed Viet Nam to become the fifth largest exporter of garment and textile products to the EU. ...

Rubber producers said yesterday the government’s decision to amend the export tax scheme on natural rubber fell short of expectations and would do little to stem the losses of farmers as rubber prices hover near a six-year low. ...

Cambodia imported 2.55 million tons of petroleum in 2015, up 64 percent from 1.55 million tons in the year before, according to the data of the Ministry of Commerce. ...

Cambodia’s Kampot pepper, a go-to spice for chefs around the world, has joined an elite group of gourmet food items whose names are protected by the European Union, joining products such as Gruyere cheese from France and Parma ham from Italy. ...

Japan may import cassava and rubber from Cambodia and investors from the country are considering building processing plants for the two commodities here, according to a senior official at the Agriculture Ministry. ...

Despite concern from the E.U. that Cambodia is being used by Chinese bicycle makers to avoid an anti-dumping duty, the bike industry has maintained strong export growth to Europe, according to the latest data from the European Commission (E.C.). ...

Cambodian rubber producers expect global prices will recover this year after the four leading-rubber producing countries agreed to cut their supply to the global market over the next six months to boost prices. ...