Economy and commerce
Trade
Palm oil exports up, while profits dip
Exports of crude palm oil from the Mong Reththy company – the Kingdom’s sole producer of the product – increased 16 per cent last year, although prices were down about $200 per tonne from 2013. ...
Hor Kimsay
http://www.phnompenhpost.com/business/palm-oil-exports-while-profits-dip
Prime minister admits 1 million tonne goal is unlikely for rice sector
Prime Minister Hun Sen yesterday admitted that the government target of reaching 1 million tonnes of rice exports by 2015 is likely to fail due to a lack of milling capacity and funding. The PM blamed the failure on a lack of investment in rice ...
Chan Muyhong
http://www.phnompenhpost.com/business/prime-minister-admits-1-million-tonne-goal-unlikely-rice-sector
Cambodia to begin rice exports to various countries
Cambodia’s minister of commerce has announced that the country will step up efforts to export rice to Africa, Middle East and the European Union. In his three-day visit to Kuwait in December 2014, Chanthol aimed at opening new avenues for Cambodian-made agricultural goods to enter ...
Far Eastern Agriculture News Staff
http://www.fareasternagriculture.com/index.php?option=com_content&view=article&id=4483:cambodia-to-start-rice-export-to-various-countries&catid=1083&Itemid=98
Cambodia's trade volume exceeds 16 bln USD in 11 months
Cambodia’s trade volume with foreign countries rose by 16 percent year on year in the first eleven months of 2014, according to data from the Ministry of Commerce on Tuesday. The country exported products in equivalent to 7.05 billion U.S. dollars, up 12 percent year-on-year ...
EastDay.com News Staff
http://english.eastday.com/auto/eastday/business/u1ai8467542.html
Cambodia's garment, footwear exports hit over US$6 Billion
Cambodia’s earned more than US$6 billion (about RM21 billion) from exports of garment and leather footwear this year, Vietnam News Agency (VNA) reported. ...
Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=1091760
Palm sugar exports see 138pct rise
Kampong Speu palm sugar exports with geographical indication (GI) status have increased in the past year, as international buyers begin to appreciate the Cambodia-specific product. Export volumes of the sugar reached 50 tonnes in 2014, according to Kampong Speu Palm Sugar Promotion Association’s (KSPSPA) president, Sam ...
Chan Muyhong
http://phnompenhpost.com/business/palm-sugar-exports-see-138pct-rise
Cambodia's rice exports reach over 335,000 tonnes in 11 months
Cambodia exported 335,925 tonnes of rice in the first 11 months of the year, up from 332,009 tonnes in the same period last year. ...
Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=1090939
Cambodia exports over 330,000 tons rice in 11 months
Cambodia exported 335,925 tons of rice in the first 11 months of 2014, up from 332,009 tons shipped in the same period last year, according to a report of Secretariat of One Window Service for Rice Export Formality on Tuesday. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/cambodia-exports-over-330000-tons-rice-in-11-months-7773
Cambodia: Online sales spur China calls for more fruit
Chinese officials have called on Cambodia to increase fruit exports amid an expected rise in domestic demand for fresh produce fuelled by online sales. Feng Bo, deputy major of Ping Xiang city of Guangxi province, last week said fruit imports from ASEAN nations must increase from ...
FreshPlaza News Staff
http://www.freshplaza.com/article/131529/Cambodia-Online-sales-spur-China-calls-for-more-fruit
Cambodia exports over 300,000 tons of rice in during January-October
Cambodia exported 304,788 tons of rice in first ten months of 2014, up from 294,154 tons exported in the same period last year, according to a report of Ministry Agriculture, Forestry and Fisheries. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/cambodia-exports-over-300000-tons-of-rice-in-during-january-october-7685
Global rice traders in Cambodia to explore business opportunities
Some 300 rice traders and millers from around 40 countries met here on Wednesday to seek opportunities to expand their rice businesses, officials said. Speaking at the opening ceremony of the World Rice Conference, Commerce Minister Sun Chanthol said the conference was an opportunity for Cambodia ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/141119/global-rice-traders-cambodia-explore-business-opportunities
Cambodia to host international motor show early next year
Cambodia will host an international motor show from Feb. 12 to 15, aiming to develop the country’s auto industry and attract more tourists, officials said Tuesday. Information Minister Khieu Kanharith said at a press conference that the demand for vehicles in Cambodia has remarkably increased in ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/141111/cambodia-host-international-motor-show-early-next-year
Cambodia, Japan trade up
Cambodia is quickly becoming a hub for Japanese exports, according to the latest figures from the Japan External Trade Agency, JETRO. The state-run agency’s latest trade figures show Cambodia exported more than $584 million worth of locally made products to Japan over the first nine months ...
Hor Kimsay
http://phnompenhpost.com/business/cambodia-japan-trade
Belarus ratifies set of agreements with Cambodia
The House of Representatives of Belarus ratified a number of Belarusian-Cambodian agreements on 4 November, BelTA has learned. ...
Belarusian News News Staff
http://eng.belta.by/all_news/politics/Belarus-ratifies-set-of-agreements-with-Cambodia_i_77051.html
Cambodia imports vehicles worth 554 mln USD in 9 months
Cambodia spent 554 million U.S. dollars to purchase automobiles and motorcycles from foreign countries in the first nine months of this year, up 85 percent from 299 million U.S. dollars a year earlier, according to the Commerce Ministry Friday. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-10/31/c_133756588.htm
Hun Sen to attend summit in China this weekend
Prime Minister Hun Sen will lead a delegation to attend the Dialogue on Strengthening Connectivity Partnership and the APEC CEO summit to be held from 7-9 November in Beijing, China, according to a press release issued by Ministry of Foreign Affairs Monday. ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/hun-sen-to-attend-summit-in-china-this-weekend-7599
Cabinet approves the Thai-Cambodia railway bridge
The cabinet has approved a plan for a Thai-Cambodia railway bridge to achieve Southern Economic Corridor connectivity. ...
National News Bureau of Thailand News Staff
http://thainews.prd.go.th/centerweb/newsen/NewsDetail?NT01_NewsID=WNPOL5710300010011
Cambodia, Thailand ink 3 deals to broaden bilateral ties
Cambodia and Thailand on Thursday signed three deals to pave the way for the two neighbors to broaden bilateral ties and cooperation, a Cambodian spokesman said. The deals aimed to enhance bilateral cooperation in tourism, fighting against human trafficking, and connecting a railway between the ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/cambodia-thailand-ink-3-deals-to-broaden-bilateral-ties-7577
Garment exports slow, but still up from 2013 - Cambodia Daily
Cambodia’s garment exports have continued to rise but at a slower pace than earlier in the year, according to government data. ...
REUTERS News Staff
http://www.reuters.com/article/2014/10/24/cambodia-press-exports-garment-idUSL3N0SJ1QS20141024
Phnom Penh port expansion seeks funding solution
With construction on the second phase of a new cargo terminal at the Phnom Penh Autonomous Port (PPAP) set to begin in 2016, officials are now looking for ways to finance the project. Hei Bavy, director general for PPAP, said the $20 million expansion will see ...
Chan Muyhong
http://phnompenhpost.com/business/phnom-penh-port-expansion-seeks-funding-solution
Value chain in decline: WTO
Cambodia is one of only two economies worldwide to have declined in global value chain (GVC) participation since 1995, according to the World Trade Organization’s latest study. The WTO’s World Trade Report 2014, released Monday, shows Cambodia’s overall percentage of GVC participation – one country’s contribution ...
Eddie Morton
http://phnompenhpost.com/business/value-chain-decline-wto
Bird’s nest producers eye China market
Edible bird’s nest producers have called on the Ministry of Commerce (MoC) to facilitate the industry’s access to the Chinese market. Nang Sothy, president of the Cambodia Bird’s Nest Federation, said yesterday that the association had requested the MoC to include the delicacy on the list ...
Chan Muyhong
http://phnompenhpost.com/business/bird%E2%80%99s-nest-producers-eye-china-market
Cambodia’s milled rice exports up 1.2 per cent in first nine months this year
Cambodia’s milled rice export hit 269,370 tonnes in the first nine months of 2014, up 1.2 per cent from 266,123 tonnes over the same period last year, according to latest official data. Seventy-seven companies have brokered Cambodian rice for 57 countries and regions around the world, ...
Far Eastern Agriculture News Staff
http://www.fareasternagriculture.com/crops/agriculture/cambodia-s-milled-rice-exports-up-1-2-per-cent-in-first-nine-months-this-year
Cambodian river sand turns up in India—again
Nearly 80,000 tons of Cambodian river sand has been sitting at a seaport in India for nearly two months, the second haul to turn up there in two years, despite a 2009 ban on the export of river sand handed down by Prime Minister Hun ...
Chris Mueller and Ouch Sony
http://www.cambodiadaily.com/business/cambodian-river-sand-turns-up-in-india-again-70164/