Trade

The 2013 Vietnam-Cambodia trade fair will commence on Nov 14 in Cambodia’s capital city Phnom Penh, said a representative from the Defence Ministry at a press briefing on Friday According to the organising board, some 200 Vietnamese enterprises have registered with more than 300 booths ...

Cargo shipment entering and leaving Cambodia through the Phnom Penh Autonomous Port increased by 20 percent in the first nine months of 2013 thanks to growing business activities, according to port’s data released on Saturday. During the January-September period this year, the kingdom’s second largest port ...

Philippine Airlines continues to pursue talks to form a new Cambodian flag carrier with local telecommunications, banking and property tycoon Kith Meng despite missing a deadline to close the deal for a second time this week, its top executive said. PAL president Ramon S. Ang said ...

Hung Hiep (Cambodia) Co., the only company in Cambodia licensed to import Mercedes-Benz luxury vehicles, said Monday it would no longer make repairs to new lines of Mercedes vehicles that are smuggled into the country. Company officials said the move is to reduce scams and repair ...

Cambodia held an inter- ministerial meeting on Monday to discuss and prepare documents for a talk with China in November in order to further enhance bilateral ties and cooperation, officials said. Koy Kuong, spokesman for the Ministry of Foreign Affairs, said that the Monday’s meeting ...

Cambodia’s Special Economic Zones (SEZs) have received a total investment of 1.65 billion US dollars since their inception in 2006, according to a government report released on Friday. Since 2006 to now, the zones have attracted 172 investment projects, mostly from China, South Korea and Japan, ...

Cambodia’s factories are moving away from producing the most basic clothing items and diversifying to manufacture more intricate products for international buyers. As the garment sector has grown over the past decade, most garment factories have stuck to producing items such as T-shirts and jeans due ...

A local company has begun working in cooperation with ABA bank to streamline payments for services such as electricity bills and mobile phone top-ups by allowing people to pay through its website, mobile applications and electronic kiosks. PayGo SEA (Cambodia) Co. Ltd., which operates under the ...

Cambodia’s rice exports roughly doubled in the first nine months of this year compared with the same period in 2012, according to government data released yesterday. But the figures aren’t big enough to meet official goals for 2013. The numbers show that exports of fragrant rice ...

Prime Minister Hun Sen left Monday to attend the 23rd ASEAN summit as well as other related meetings in Brunei, said Srey Thamrong, a minister attached to Hun Sen. The summits held from October 9-10 will include the 23rd ASEAN Summit, 16th ASEAN-Japan Summit, 16th ...

ASX-listed Indochine Mining has completed the first part of a A$26.3-million capital raising, and has signed a deal with fellow-listed Capital Mining to dispose of an 85% shareholding in its wholly owned subsidiary, which owns gold assets in Cambodia. Earlier this month, the precious metals developer ...

The two-way trade between Cambodia and Japan has hit $503 million in the first eight months this year, up 24 percent over the same period last year, the figures from the Japan External Trade Organization said Tuesday. Cambodian exports to Japan rose 39 percent to $358 ...

Cambodia’s GDP growth was projected to reach 7 percent in equivalent to 15.65 billion U.S. dollars in 2013 despite a challenging global economic environment, the World Bank said Monday. Overall macroeconomic outlook remains positive, having sustained agricultural growth, continued strong performance of the tourism sector, a ...

The World Bank said Monday that the impact of Cambodia’s political uncertainty was “unclear” but left its growth forecasts unchanged for this year and next year.  “The Cambodian economy remains robust amidst a challenging global economic environment,” the bank said in its East Asia and Pacific ...

A move by the International Labour Organization to name and shame garment producers in Cambodia that flout workers’ rights and safety standards could damage the industry’s reputation and result in a drastic reduction in orders from buyers abroad, according to a senior manufacturing official. Last week, ...

Cambodia’s production of paddy rice is forecast at about 9.3 million tonnes this year, unchanged from last year’s estimate but up from 8.8 million tonnes in 2011, the Food and Agriculture Organisation said Thursday. In its latest quarterly Crop Prospects and Food Situation report, the UN ...

Energy demand in Southeast Asia is expected to increase by more than 80 per cent by 2035, fuelling some $240 billion in oil spending, a new report from the International Atomic Energy Association (IAEA) shows. In its “Southeast Asia Energy Outlook” published yesterday, the Paris-based IAEA ...

Land covering an area the size of Italy has been taken from indigenous communities around the world by suppliers to the biggest names in the food and drinks industry, according to a major new report. Coca-Cola and PepsiCo are among the companies criticised by Oxfam for ...

Group Lease plans to raise Bt3.4 billion from shareholders to expand its main motorcycle-leasing business aggressively and enter other types of “small credit” businesses here and in neighbouring countries, especially Cambodia, over the next two years. The company is reportedly negotiating to take over a ...

During the first half of 2013 the import of bicycles in the 27 European Union member states dropped with a big 11%. Almost all EU bike supplying countries saw their export drop; except for one. Cambodia stands out as their export of bicycles to the ...

A Singaporean-owned garment factory whose workers have been on strike since early August is no longer producing clothes for American denim giant Levi Strauss, a brand representative and a factory worker said Monday. The workers of SL Garment Factory in Meanchey district—which still makes clothes for ...

Cambodia had exported 288,300 tons of fresh and dry cassava in the first eight months of the year, down 56 percent compared with same period last year, the figures of the Commerce Ministry said Sunday. The country generated total revenue of 15.2 million U.S. dollars from ...

Cambodia has reported a 45 percent increase in dry rubber exports in the first eight months of the year, the figures of the Ministry of Commerce showed Saturday. From January to August this year, the country had exported 45, 530 tons of dry rubber, up 45 ...

Chongqing and Phnom Penh will become sister cities, after which it will be more convenient for those Chongqing enterprises to invest in Cambodia. Cambodia is an important trading partner for Chongqing and it has become one of the major countries for the development strategy of “going ...