Quality control to lift exports

China will work with Cambodian officials to broaden the range of agricultural products that the Asian economic giant allows to be imported from the Kingdom, government officials said yesterday. Ken Ratha, spokesman for the Ministry of Commerce, confirmed that China’s General Administration, Quality Supervision, Inspection and ...

Chan Muyhong
http://www.phnompenhpost.com/business/quality-control-lift-exports

Cambodia, US trade up in first half of year

Trade data from the US shows Cambodian exports to the world’s largest economy increased 6 per cent during the first six months of the year. As of June 30, Cambodian exports to the US totalled $1.4 billion, up from $1.32 billion recorded during the same six-month ...

Hor Kimsay
http://www.phnompenhpost.com/business/cambodia-us-trade-first-half-year

China signs 100,000-tonne rice import agreement

The Chinese government-run China National Cereals, Oils and Foodstuffs Corporation (COFCO) will today formally agree to import 100,000 tonnes of rice from Cambodia, local officials say. Representatives from COFCO and Green Trade Co, a Cambodian government-owned agriculture firm, today met in Beijing to sign the agreement, ...

Chan Muyhong
http://www.phnompenhpost.com/business/china-signs-100000-tonne-rice-import-agreement

Cassava farmers plead for gov’t help

Cassava farmers are calling on the government to standardise prices and help stabilise demand as the market for the root crop continues to prove risky for growers. Cassava exports totalled 226,000 tonnes in the first six months of the year, down 21 per cent from a ...

Chan Muyhong
http://www.phnompenhpost.com/business/cassava-farmers-plead-gov%E2%80%99t-help

Cashew nut export numbers aren’t adding up: producers

Cambodian cashew nut exports are on the rise, yet export figures are still well below production numbers, with thousands of tonnes unaccounted for. Unshelled cashew nut exports totalled close to $2.5 million in the first six months of the year, with 2,800 tonnes exported, a rise ...

Chan Muyhong
http://www.phnompenhpost.com/business/cashew-nut-export-numbers-aren%E2%80%99t-adding-producers

China pledges to buy 100,000 tons of rice from Cambodia

A Chinese company is preparing a memorandum of understanding with Ministry of Commerce (MOC) pledging to buy 100,000 tons of rice from Cambodia, according to Sun Chanthol, Minister of Commerce. The intention was made clear during a meeting between the Minister of Commerce and Song Xiaoguo, ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YTA3MzBlMTE0MTY

Italy demands ‘fairer’ rice deal

Italy has demanded that the European Union restrict Cambodia’s duty-free import status, as concerns over the survival of that country’s rice sector appear to be reaching a fever pitch. According to rice industry website Oryza, the Italian government has officially submitted a request to the EU ...

Eddie Morton
http://www.phnompenhpost.com/business/italy-demands-%E2%80%98fairer%E2%80%99-rice-deal

TAITRA reiterates Phnom Penh trade center approved

The Taiwan External Trade Development Council (TAITRA) yesterday insisted it has received the green light from the Cambodian government to open a Taiwan trade center in Phnom Penh. TAITRA, a non-profit trade promotion organization affiliated with the Ministry of Economic Affairs, made the remarks in response ...

Shih Hsiu-chuan
http://www.taipeitimes.com/News/taiwan/archives/2014/07/20/2003595537

Cambodia sees 1.41 bln USD trade deficit in 1st half of 2014

Cambodia has seen a trade deficit of 1.41 billion U.S. dollars in the first six months of this year, the latest report of the Ministry of Commerce showed Monday. Total trade volume reached 8.95 billion dollars during the January-June period this year, an increase of 17 ...

Asean-China-Center News Staff
http://www.asean-china-center.org/english/2014-07/15/c_133484829.htm

New Association seeks to improve rice market

Cambodian farmers are looking toward a new organization to help them get the best prices for their rice, but many are skeptical disparities between farmers and traders can be overcome. The Cambodian Rice Federation was started in May, bringing together disparate companies, associations and farmers in ...

Suy Heimkhemra
http://www.voacambodia.com/content/new-association-seeks-to-improve-rice-market/1957023.html

Local IT firm eyes off-shore expansion

Information technology firm First Cambodia on Friday joined forces with little-known Singaporean investment company GlobalVision, in a move that aims to expand the local company’s international footprint. As part of the joint partnership, GlobalVision has purchased a 50 per cent stake in First Cambodia for an ...

Chan Muyhong
http://www.phnompenhpost.com/business/local-it-firm-eyes-shore-expansion

US firm to build border market in Takeo

Realco Cambodia Ltd., a U.S.-owned company, plans to invest $7 million to build a market at the Phnom Din checkpoint on the border with Vietnam in Takeo province’s Kirivong district, a senior official at the Takeo, Kampot and Kep Provincial Chamber of Commerce said Friday. Realco ...

Kang Sothear
http://www.cambodiadaily.com/business/us-firm-to-build-border-market-in-takeo-62693/

Commerce minister vows ‘meaningful’ reforms to US investors

Cambodian Commerce Minister Sun Chanthol concluded a trade mission in the United States this week, emphasizing his government’s willingness to make “deep” reforms to improve its investment climate. Cambodia meanwhile needs more foreign investment to create jobs for the 300,000 young Cambodians who enter the ...

Sophat Soeung
http://www.voacambodia.com/content/commerce-minister-vows-meaningful-reforms-to-us-investors/1944607.html

Cambodia reports 1.14 bln USD trade deficit in 1st five months

Cambodia recorded a trade deficit of 1.14 billion U.S. dollars in the first five months of 2014, a latest report by the Ministry of Commerce showed Wednesday. Total trade value jumped to 7.32 billion U.S. dollars during the January-May period this year, an increase of 17 ...

Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=226339

New registered businesses increase by 33 percent

The number of newly registered businesses in Cambodia increased 33 percent between January and June this year compared to the same time period last year, according to the latest figures from the Ministry of Commerce released Tuesday. The total number of new businesses increased from 1,401 ...

Kang Sothear
http://www.cambodiadaily.com/business/new-registered-businesses-increase-by-33-percent-62376/

Half-year protest shutters factory

A six-month protest over unpaid bonuses has seen production at a Por Sen Chey district box factory grind to a halt over the past four days, with more than 200 former employees blocking gates and preventing shipments. Former employees at Harta Packaging Industries began barricading gates ...

Mom Kunthear
http://www.phnompenhpost.com/national/half-year-protest-shutters-factory

New business registrations in Cambodia rise 55 pct in 5 months

Cambodia’s Ministry of Commerce said Friday that it has granted operating licenses to 1,676 new firms in the first five months of 2014, up 55 percent as compared with the 1,084 companies for the same period last year. ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-06/20/c_133424091.htm

Gov’t continues to seek new markets

The Ministry of Commerce has vowed to uncover more markets for Cambodian products to help buffer against price fluctuations caused by the Kingdom’s dependency on neighboring countries. In a response to concerns raised on social media, Commerce Minister Sun Chanthol wrote on the ministry’s official Facebook ...

Chan Muyhong
http://www.phnompenhpost.com/business/gov%E2%80%99t-continues-seek-new-markets

Gov’t calls on jewellers to improve

Cambodian government officials yesterday appealed to gem and jewellery industry representatives to improve design quality at the opening of the 6th Gem and Jewellery Fair on Koh Pich. Seun Sotha, director of the trade promotion department at the Ministry of Commerce, said while Cambodia’s gemstones are ...

Chan Muyhong
http://www.phnompenhpost.com/business/gov%E2%80%99t-calls-jewellers-improve

Cambodia tells university students to prepare for ASEAN community

Cambodia organized a seminar on Thursday to promote ASEAN awareness to approximately 3,300 students from 26 universities and told them to prepare themselves for an ASEAN community. “There will be both opportunities and challenges for Cambodia when ASEAN becomes a community at the end of ...

The Philippine Star News Staff
http://www.philstar.com/world/2014/06/12/1334111/cambodia-tells-university-students-prepare-asean-community

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