Economic and trade ties with Hungary enhanced

Cambodia and Hungary are moving swiftly to finalise the content of the draft for the Cambodian-Hungarian Joint Committee on Economic Cooperation (JCEC), a significant step towards boosting bilateral trade and investment between the two countries. ...

Hin Pisei
https://www.phnompenhpost.com/business/economic-and-trade-ties-with-hungary-enhanced

Vietnam, Cambodia promote cooperation in industry and trade

Minister of Industry and Trade Nguyen Hong Dien on December 12 held a working session in Hanoi with Cambodian Minister of Commerce Cham Nimul and Minister of Industry, Science, Technology and Innovation Hem Vanndy, on the occasion of an official visit to Vietnam by Cambodian ...

Khmer Times Staff
https://www.khmertimeskh.com/501406114/vietnam-cambodia-promote-cooperation-in-industry-and-trade/

Cambodia ready to showcase potential products at 6th CIIE in Shanghai

Cambodia is ready to exhibit its potential products and promote its investment potential and tourism during the sixth China International Import Expo (CIIE), scheduled for Nov. 5-10 in Shanghai, said a Ministry of Commerce’s news release on Saturday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501387015/cambodia-ready-to-showcase-potential-products-at-6th-ciie-in-shanghai/

MoC committed to boosting trade ties with Thailand

The Ministry of Commerce is committed to improving bilateral trade and investment cooperation with Thailand by attracting new investment to Cambodia and also by increasing the trade between the two countries. ...

Chea Vanyuth
https://www.khmertimeskh.com/501383488/moc-committed-to-boosting-trade-ties-with-thailand/

IMF lowers growth forecast for Cambodia due to weak external demand

On Wednesday, the International Monetary Fund (IMF) lowered its 2023 economic growth forecast for Cambodia to 5.6 percent from its April prediction of 5.8 percent, mainly due to weak external demand. ...

Khmer Times Staff
https://www.khmertimeskh.com/501378855/imf-lowers-growth-forecast-for-cambodia-due-to-weak-external-demand/

PM: Cambodian entrepreneurs to use Alibaba e-commerce platform to take full advantage of international market

Prime Minister of Cambodia, Dr. Hun Manet, received Ms. Wen Jia, President of the Public Affairs Department of Alibaba Group, on the side-lines of the 3rd Road and Belt Forum for International Coordination in Beijing, China yesterday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501378260/pm-cambodian-entrepreneurs-to-use-alibaba-e-commerce-platform-to-take-full-advantage-of-international-market/

New task-force to form cassava federation

The General Department of Domestic Trade of the Ministry of Commerce (MoC) is in the process of forming a new multilateral task-force to expedite the establishment of a cassava federation in Cambodia after a delay in implementing the national cassava strategy for a few years ...

Kang Sothear
https://www.khmertimeskh.com/501375672/new-task-force-to-form-cassava-federation/

Nearly 43% decline in bicycle exports

Cambodia exported bicycles worth $424 million to foreign markets in the first nine months of 2023, a drop of 42.8 percent compared to the same period last year which recorded $742 million, said a Ministry of Commerce’s report yesterday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501375670/nearly-43-decline-in-bicycle-exports/

Cambodia exports down 0.8 pct in first 9 months

Cambodia exported $16.94 billion worth of goods in the first nine months of 2023, a slight drop of 0.8 percent from $17.07 billion in the same period last year, said a General Department of Customs and Excise’s report released on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501374605/cambodia-exports-down-0-8-pct-in-first-9-months/

Cambodia’s export to fellow RCEP members reaches $5.26 billion

Cambodia exported $5.26 billion worth of goods to fellow member countries of the Regional Comprehensive Economic Partnership (RCEP) in the first eight months of 2023, up 22 percent from $4.3 billion the same period last year, according to the latest report by the Ministry of ...

Khmer Times Staff
https://www.khmertimeskh.com/501372630/cambodias-export-to-fellow-rcep-members-reaches-5-26-billion/

Gold export booms in first semester

Cambodia saw a jump increase in gold exports in the first semester of this year, as more domestic gold refinery plants started commercial products. ...

Chea Vanyuth
https://www.khmertimeskh.com/501368438/gold-export-booms-in-first-semester/

Cambodian Rice Federation reports record rice exports, on track to reach 1 million tonnes by 2025

Cambodia is poised to achieve its goal of exporting 1 million tonnes of rice annually by 2025, as indicated by the country’s rice exports reaching over 400,000 tonnes in the first eight months of the year. ...

Khmer Times Staff
https://www.khmertimeskh.com/501361211/cambodian-rice-federation-reports-record-rice-exports-on-track-to-reach-1-million-tonnes-by-2025/

Cambodia’s trade with China crosses $8 billion

China remained the biggest trading partner of Cambodia in the January to August period this year and the trade between the two countries reached $8.09 billion by the end of last month showing an increase of 1.1 percent compared to the same period in 2022. ...

Manoj Mathew
https://www.khmertimeskh.com/501359586/cambodias-trade-with-china-crosses-8-billion/

Cambodia, China to set up e-commerce training centre

Cambodia and China are discussing plans to establish e-commerce technical training centres or institutes in Cambodia amid the global boom of e-commerce. ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-china-set-e-commerce-training-centre

Chinese-invested expressway in Cambodia saves time, money for travelers

Connecting Phnom Penh, capital of Cambodia, with the international deep-water seaport province of Preah Sihanouk, the first Chinese-invested Phnom Penh-Sihanoukville Expressway has not only facilitated transportation, but also saved both time and money for travellers. ...

Khmer Times Staff
https://www.khmertimeskh.com/501356499/chinese-invested-expressway-in-cambodia-saves-time-money-for-travelers/

Cambodia to ship rice to Indonesia next year

Cambodia will start exporting an agreed annual quota of 250,000 tonnes of milled rice to Indonesia from next year after the two nations reached a rice deal earlier in August, the Ministry of Commerce said. ...

Chea Vanyuth
https://www.khmertimeskh.com/501355331/cambodia-to-ship-rice-to-indonesia-next-year/

Cambodia-United States trade reaches $5.3 billion in H1

The bilateral trade between Cambodia and the US amounted to $5.3 billion in the first half of this year, a decrease of 14 percent from $6.2 billion for the same period last year, according to a report from the US Census Bureau yesterday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501350472/cambodia-united-states-trade-reaches-5-3-billion-in-h1/

New book delves into dynamics of geo-politics, int’l trade, legal affairs

In a recent book launch at CamTech University in Phnom Penh, former commerce minister Pan Sorasak hailed the release of RCEP: Part 1: Geo-Political, Geo-Economic and Legal Analysis. ...

Van Socheata 
https://www.phnompenhpost.com/national/new-book-delves-dynamics-geo-politics-intl-trade-legal-affairs

Cambodia’s exports $4.6B to RCEP markets in first 7 months

Cambodia has exported goods worth $4.59 billion to member countries of the Regional Comprehensive Economic Partnership (RCEP) in the first seven months of 2023, a 21 percent increase compared to the same period of the previous year, said a statement by the Ministry of Commerce ...

Kang Sothear
https://www.khmertimeskh.com/501346750/cambodias-exports-4-6b-to-rcep-markets-in-first-7-months/

RCEP: Connecting ASEAN to the world economy and promoting inclusive growth

The Regional Comprehensive Economic Partnership (RCEP) is playing a crucial role in boosting the ASEAN economic integration into the world economy, Cambodia’s outgoing Minister of Commerce Pan Sorasak has said. ...

Khmer Times Staff
https://www.khmertimeskh.com/501346985/rcep-connecting-asean-to-the-world-economy-and-promoting-inclusive-growth/

Cambodia still faces challenges in domestic production for export

Cambodia continues to face unique challenges for diversifying goods and boosting domestic production for export. ...

Khmer Times Staff
https://www.khmertimeskh.com/501345279/cambodia-still-faces-challenges-in-domestic-production-for-export/

Cambodia’s exports earn $13 billion in January-July period

Cambodia exported $13.525 billion worth of goods to international markets in the January-July period of 2023, a year-on-year decrease of 2 percent, a report of the General Department of Customs and Excise showed on Friday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501341450/cambodias-exports-earn-13-billion-in-january-july-period/

Cambodian traders, importers to take part in Delhi Fair

The Ministry of Commerce invited traders, importers and the public to the 56th Indian Handicrafts & Gifts Fair (IHGF) Delhi Fair (Autumn) 2023 in October. ...

Adur Pradeep
https://www.khmertimeskh.com/501340231/cambodian-traders-importers-to-take-part-in-delhi-fair/

Cambodia promotes the establishment of an association to develop the silk sector

Cambodia promotes the establishment of local silk associations such as the Samrong District Silk Association in Takeo Province, the Khmer Handicraft Centre Association in Kampong Thom Province, the Viseth Tevy Silk Sector Development Association, the Women Weaver Silk Support and Development Association, as well as ...

Khmer Times Staff
https://www.khmertimeskh.com/501339021/cambodia-promotes-the-establishment-of-an-association-to-develop-the-silk-sector/

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