Ministry of Commerce

Mr S Iswaran Minister in the Prime Minister’s Office and Second Minister for Home Affairs and Trade and Industry will be making an official visit to Cambodia on 21 July 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 ...

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 ...

Nearly four years after it was established by the Commerce Ministry and one year on from its official launch, the National Commercial Arbitration Center (NCAC) held its first annual assembly Friday. The NCAC was set up in 2010 to provide businesses with an alternative to the ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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. ...

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 ...

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 ...

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 ...

Formation of the National Silk Board (NSB) has been delayed due to a lag in coordinating ministries to create the industry body, according to the spokesman of Ministry of Commerce. The former minister of commerce, Cham Prasidh, said in June last year that he was aiming ...

The fifth edition of a Malaysian trade exhibition kicked off here on Tuesday, aiming to further promote bilateral trade and investment ties, officials said. The three-day event, held at the Diamond Island Exhibition Center, features 62 Malaysian companies from diverse sectors including construction, business services, industrial ...

A draft law on e-commerce that would regulate electronic trade in Cambodia will arrive at the Council of Ministers in August, following revision by two other state institutions, officials at the Ministry of Commerce said Wednesday. Orm Dararith, director of the Ministry of Commerce’s legal department, ...

Inspired by Australian mining regulations, the Cambodian government is considering a raft of changes to the mineral resources mining law, including a rethink of the sector’s comparatively high tax rate. Citing discussions held with Western Australia state mining industry representatives last week, Meng Saktheara, secretary of ...

Driven by a slowly recovering American economy, Cambodian exports to the US increased 11 per cent in the first quarter of 2014 compared with the same period last year, according to the latest US government data. Cambodian exports from January to March totalled $771 million, up ...

Despite a large increase in exports during the first quarter, natural rubber producers continue to see declining revenues, as world prices fall further. The latest figures from the Ministry of Commerce show natural rubber exports grew 26 per cent during the first quarter of 2014, compared ...

Three of Cambodia’s most iconic natural products – Thma Koul rice, Kampot durian and Cambodian silk – have been earmarked by the government to obtain the World Trade Organization’s Geographical Indication (GI) status. Speaking to reporters after a press conference on GI registration at the Ministry ...

Cambodian Prime Minister Hun Sen will lead a high delegation to attend the 24th ASEAN Summit and Related Meetings to be held from May 10 to 11 in Nay Pyi Taw, Myanmar, according to a foreign ministry’s statement on Monday. The prime minister will be accompanied ...

Cambodia announces today a new Intellectual Property Rights laws drafted to protect the country’s artists and musicians and their works from counterfeiting in accordance with interntional IPR standards. An event held at Ministry of Commerce was attended by newly-appointed Sun Chanthol, Minister of Commerce, who has ...

Garment and footwear industry, Cambodia’s largest income earner, reported a 16 percent surge in exports in the first three months of 2014, the figures of the Ministry of Commerce showed Monday. The Southeast Asian nation exported apparel and footwear products in equivalent to 1.56 billion U.S. ...