Ministries: Join BFC or lose export privileges

Two ministries on February 22 ordered factory owners and directors in the textile, garment, bag and travel-goods export sectors to register with Better Factories Cambodia (BFC) and obtain certification on working conditions. ...

Thou Vireak
https://www.phnompenhpost.com/business/ministries-join-bfc-or-lose-export-privileges

Trade with EAEU surges 18%

Bilateral trade between Cambodia and the Eurasian Economic Union (EAEU) was worth $67.37 million last year, marking an increase of 18.22 per cent compared to 2019’s $56.98 million, according to data from the Ministry of Commerce. ...

Hin Pisei
https://www.phnompenhpost.com/business/trade-eaeu-surges-18

Kampot pepper strategy in pipeline

The Ministry of Commerce will collaborate with the Kampot Pepper Promotion Association (KPPA) to develop new strategic plans that build confidence in Kampot pepper and explore additional markets for the crop, one of Cambodia’s Geographical Indication (GI) products. ...

Hin Pisei
https://www.phnompenhpost.com/business/kampot-pepper-strategy-pipeline

Food Safety Law to be enacted in 2021: Commerce official

The Food Safety Law is making headway and expected to be enacted later this year, with industry insiders confident the legislation will lure more international investors, spark growth in the reeling tourism sector and chip in to national economic growth. ...

Hin Pisei
https://www.phnompenhpost.com/business/food-safety-law-be-enacted-2021-commerce-official

Kingdom’s free trade pact talks with South Korea concluded

Cambodia and South Korea have concluded their free trade agreement (FTA) negotiations and are now closer to the signing of a final pact later this year. ...

Chea Vanyuth
https://www.khmertimeskh.com/50810013/kingdoms-free-trade-pact-talks-with-south-korea-concluded/

Regional produce given trademarks of local geography

The Ministry of Commerce is pressing on to register some of the Kingdom’s more renown products as collective trademarks and grant them domestic geographical indication (GI) to provide them with added exposure on the international market. ...

Thou Vireak
https://www.phnompenhpost.com/business/regional-produce-given-trademarks-local-geography

Ministry studies how best to boost exports under China deal

At its Friday meeting on the study and formulation on the good use of trade agreements in promoting exports, the Ministry of Commerce announced research is currently under way on products to be imported and exported under the Cambodia China Free Trade Agreement (CC-FTA). One ...

Jason Boken
https://www.khmertimeskh.com/50804912/ministry-studies-how-best-to-boost-exports-under-china-deal/

Kingdom’s bicycle exports top $500M

Cambodia exported bicycles worth approximately $527 million to international markets last year, up 27 percent from 2019. This establishes Cambodia as the No1 country in ASEAN and No5 globally for bicycle exports, according to data from the Ministry of Commerce. ...

Hin Pisei
https://www.phnompenhpost.com/business/kingdoms-bicycle-exports-top-500m

Ministry of Commerce signs two development MoUs

The Ministry of Commerce (MoC) signed two memorandums of understanding (MoUs) – with the Cambodian BRB retail and product promotion consulting company and another with the Cambodian Coca-Cola Co. ...

Jason Boken
https://www.khmertimeskh.com/50803679/ministry-of-commerce-signs-two-development-mous/

Ministry, Japan agri-firm ink MoU

The Ministry of Commerce on January 6 signed a memorandum of understanding (MoU) with Japan’s Yamato Green Co Ltd to develop value chains for agribusiness products. Having registered with the Ministry of Commerce on April 22, Yamato Green has had relative success in growing safe ...

Thou Vireak
https://www.phnompenhpost.com/business/ministry-japan-agri-firm-ink-mou

$500K investment for SMEs to improve e-commerce

A $500,000 investment will go towards 125 small and medium sized businesses set to gain grants and training in online commerce according to a joint press release by the Ministry of Commerce of the Kingdom of Cambodia, the Enhanced Integrated Framework (EIF) and the UN ...

Khmer Times Staff
https://www.khmertimeskh.com/50798664/500k-investment-for-smes-to-improve-e-commerce/

Cambodia reviews trading policy and strategy

The Ministry of Commerce has begun the review of the policy and strategy for Free Trade Agreement (FTA) to optimise its benefits both for Cambodia and concerned parties. ...

So Sophavy/AKP
https://www.khmertimeskh.com/50798268/cambodia-reviews-trading-policy-and-strategy/

Ministry works on plan to win in trade

Ministry of Commerce officials are combing over a list of nine products, commodities, services and incentives to develop a trade strategy that maximises the benefits of the newly-inked free trade agreement (FTA) with China. ...

Hin Pisei
https://www.phnompenhpost.com/business/ministry-works-plan-win-trade

Digital services tax levy under study

The Ministry of Economy and Finance, Ministry of Commerce and Ministry of Post and Telecommunications held a joint meeting last week to discuss the potential collection of a digital services tax. ...

Jason Boken
https://www.khmertimeskh.com/50797802/digital-services-tax-levy-under-study-2/

Cambodia Australia consumer care plan

The Cambodia-Australia Consumer Protection Partnership will launch in 2021 with Australia having agreed to station a consumer protection technical official in the Kingdom following a request by the Ministry of Commerce. This will allow the sharing of expertise and experience towards the enhancement of work ...

Harrison White
https://www.khmertimeskh.com/50797232/cambodia-australia-consumer-care-plan/

Banteay Meanchey trade fair postponed

The Ministry of Commerce on December 18 said it will indefinitely postpone another trade fair under the umbrella of the fifth season of its “Buy Cambodian Campaign” as a measure to prevent the spread of the Covid-19 disease. ...

Thou Vireak
https://www.phnompenhpost.com/business/banteay-meanchey-trade-fair-postponed

Bicycle boom sees Cambodia overtake rivals in exports to EU

According to the Ministry of Commerce, more than 1.5 million bicycles were exported as of the end of the third quarter this year, bringing in some $400 million in revenue. ...

Tom Starkey
https://www.khmertimeskh.com/50793025/bicycle-boom-sees-cambodia-overtake-rivals-in-exports-to-eu/

UK grants GSP status to Cambodia effective 2021

Cambodia’s exports see new light with the granted duty-free and quota-free access to the markets in the United Kingdom, commencing 2021. Sok Sopheak, Secretary of State at the Ministry of Commerce shared that Cambodia will discuss with the UK counterpart on the import and export ...

Lim Nary/AKP
https://www.khmertimeskh.com/50791084/uk-grants-gsp-status-to-cambodia-effective-2021/

Cambodia’s Kampot pepper granted GI certification from 50 Countries

The Ministry of Commerce has secured geographical indication (GI) certification of Cambodia’s Kampot pepper from 50 countries. The update was provided by the Minister of Commerce Pan Sorasak when presiding over official Handover Ceremony of Czech Machine and Buying “Kampot Pepper” from Small Farmers by ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50788387/cambodias-kampot-pepper-granted-gi-certification-from-50-countries/

Increase in Russian investment sought by commerce ministry

Cambodia has called for an increase in investment from Russia, particularly in the light and medium machinery sector, according to a senior official at the Ministry of Commerce. ...

Sok Chan
https://www.khmertimeskh.com/50788919/increase-in-russian-investment-sought-by-commerce-ministry/

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