MoC conducts workshop on Law on Consumer Protection

The Ministry of Commerce’s Directorate General of Consumer Protection, Competition and Fraud (CCF) has conducted a “National Dissemination and Planning Workshop on the Law on Consumer Protection” for relevant stakeholders and representatives of local and international organizations.​ ...

Sok Chan
https://www.khmertimeskh.com/50786648/moc-conducts-workshop-on-law-on-consumer-protection/

E-Commerce Strategy launched

Cambodia officially launched the E-Commerce Strategy on November 25 in a bid to achieve and drive forward competitive growth in trade and economic terms and aid in its pursuit of becoming an upper middle-income country by 2030 and a high-income country by 2050. ...

Hin Pisei
https://www.phnompenhpost.com/business/e-commerce-strategy-launched

Trade fair scrapped over Covid-19 fears

The Ministry of Commerce on November 19 cancelled the 15th edition of the Cambodia Import-Export Goods Exhibition due to Covid-19 concerns. Originally scheduled to be held from December 15-18 at the Koh Pich Convention and Exhibition Centre on Phnom Penh’s Koh Pich island, the Kingdom’s ...

May Kunmakara
https://www.phnompenhpost.com/business/trade-fair-scrapped-over-covid-19-fears

Long-awaited RCEP signing ‘bodes well for economic upturn’

The long-awaited Asia-Pacific Regional Comprehensive Economic Partnership (RCEP) agreement was officially signed yesterday.  The signing brings renewed hopes for comprehensive change in the flow of regional trade and investment and the promotion of intra-bloc supply chains capable of bolstering trust among members of the region’s ...

Sok Chan
https://www.khmertimeskh.com/50783043/long-awaited-rcep-signing-bodes-well-for-economic-upturn/

Directive on work conditions issued

The Ministry of Commerce together with the Ministry of Labour and Vocational Training has issued a joint directive on the implementation of the Better Factory Cambodia (BFC) project in export-oriented factories in the textile, garment and travel goods and bags sector. ...

Sok Chan
https://www.khmertimeskh.com/50782279/directive-on-work-conditions-issued/

Vietnam border markets on the cards for 2021

Prime Minister Hun Sen has ordered the Ministry of Commerce to work with Svay Rieng and Kampot officials to build two additional border markets in a bid to shore up border trade and enhance cooperation with Cambodia’s neighbour Vietnam. ...

Hin Pisei
https://www.phnompenhpost.com/business/vietnam-border-markets-cards-2021

Nutrilatt, parents will head to court over formula effects

The Ministry of Commerce’s General Department of Consumer Protection, Competition and Fraud Repression will send a case involving the parents of 24 infants who were allegedly affected by consuming the milk powder products of Nutrilatt Master LM Co, Ltd to court on November 14. ...

Voun Dara
https://www.phnompenhpost.com/national/nutrilatt-parents-will-head-court-over-formula-effects

Cambodia exports more than 1.5 million bicycles in first nine months

Over 1.5 million units of Cambodian bicycles have been exported to foreign markets as of the third quarter of this year, generating nearly $400 million, according to figures from the Ministry of Commerce. ...

Chea Vannak/AKP
https://www.khmertimeskh.com/50779897/cambodia-exports-more-than-1-5-million-bicycles-in-first-nine-months/

New draft law on investment mulled

The government is sending a new draft law on investment to the private sector to discuss ways to make it more comprehensive and help Cambodia become an attractive destination for new investment and to improve the investment environment in the country. ...

Sok Chan
https://www.khmertimeskh.com/50773944/new-draft-law-on-investment-mulled/

Government to draft policy to boost pepper value

The government is now drafting a policy on pepper with the intention of scaling up a competitive advantage, attract investors and boost added-value to Cambodian pepper production, according to a senior official at the Ministry of Commerce. ...

Sok Chan
https://www.khmertimeskh.com/50768753/government-to-draft-policy-to-boost-pepper-value/

Boost for special economic zones

Cambodia exports via Svay Rieng province-based special economic zones (SEZs) alone reached more than $124.87 million in August, an increase of more than $57 million in July, according to figures from the Ministry of Commerce. ...

Sorn Sarath
https://www.khmertimeskh.com/50765345/boost-for-special-economic-zones/

UK FTA could be on horizon

Cambodia and the UK have vowed to boost their bilateral trade as the Kingdom looks to establish a bilateral free trade agreement with the country. The understanding was made during a meeting between secretary of state of the Ministry of Commerce Sok Sopheak and deputy ...

Thou Vireak
https://www.phnompenhpost.com/business/uk-fta-could-be-horizon

Cambodia-Japan trade reaches $1.1 billion in first seven months

Bilateral trade between Cambodia and Japan was recorded at $1,175 million in the first seven months of this year, inching down 5.7 percent compared to the same period last year. ...

Chea Vannak /AKP
https://www.khmertimeskh.com/50764528/cambodia-japan-trade-reaches-1-1-billion-in-first-seven-months/

Cambodia’s exports continue to face challenges amidst global headwinds

The Kingdom’s export to the international market is under threat although the country has secured regional and global free trade agreements, according to the Ministry of Commerce (MOC). ...

Sorn Sarath
https://www.khmertimeskh.com/50764362/cambodias-exports-continue-to-face-challenges-amidst-global-headwinds/

Going nuts for cashews

The Cambodian government together with nongovernmental organisations (NGOs), the private sector and farmers are joining hands to develop the cashew industry by establishing a Cambodia Cashew Federation (CCF) to commercialise the sector internationally. ...

Sorn Sarath
https://www.khmertimeskh.com/50763659/going-nuts-for-cashews/

Weekend market to be extended to other targeted provinces

The Weekend Market, one of the major activities of Accelerating Inclusive Markets for Smallholders (AIMS) project, will be extended to other targeted provinces and Phnom Penh capital in the near future, to promote local agro-commercial products. ...

Nika/AKP
https://www.khmertimeskh.com/50761683/weekend-market-to-be-extended-to-other-targeted-provinces/

Local businesses and entrepreneurs urged to join China-Asean Expo 2020

The Ministry of Commerce is calling on businesses, entrepreneurs, investors and producers to participate in the World Expo and International Trade Exhibitions. ...

Sok Chan
https://www.khmertimeskh.com/50758084/local-businesses-and-entrepreneurs-urged-to-join-china-asean-expo-2020/

Cambodia-China FTA to boost bilateral trade, investment ties

The free trade agreement (FTA) between Cambodia and China will undoubtedly promote stronger trade and investment ties between the two countries, Cambodia’s Commerce Minister Pan Sorasak said in a recent interview with Chinese media. ...

Xinhua
https://www.khmertimeskh.com/50752996/cambodia-china-fta-to-boost-bilateral-trade-investment-ties/

Free trade agreement talks with Korea set to kick off on Thursday

Cambodia and South Korea will begin first-round negotiations on a bilateral free trade agreement (FTA) on Thursday, another step toward diversifying the Kingdom’s exports following the recent completion of FTA talks with China. ...

Thou Vireak
https://www.phnompenhpost.com/business/free-trade-agreement-talks-korea-set-kick-thursday

E-Commerce Strategy finally incorporated

The Ministry of Commerce and relevant ministries have officially and collectively signed off the E-Commerce Strategy to bring the sector to a new level. According to Mr Sorasak, the strategy fits well with the on-going context of the Industrial Revolution 4.0 and will further boost ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50748715/e-commerce-strategy-finally-incorporated/

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