Ministry of Commerce

The Minister of Commerce (MoC) Pan Sorasak on Wednesday discussed strategies to strengthen the bilateral collaboration between Cambodia and the US as well as renew the Generalized System of Preferences (GSP) for some of Cambodia’s products with a delegation led by Jason Smith, Chairman of ...

The Ministry of Commerce (MoC) has made an announcement on the implementation of the Law on Consumer Protection and prakas on Unfair Contract Clauses to protect consumers in the real estate and housing sectors. ...

Cambodia’s total export to other Regional Comprehensive Economic Partnership (RCEP) countries amounted to $4.07 billion in the first half of 2023, up 24 percent from $3.28 billion over the same period last year, said the Ministry of Commerce’s latest report released on Tuesday. ...

Cambodia has pinned hopes on the Regional Comprehensive Economic Partnership (RCEP) agreement and bilateral Free Trade Agreements (FTAs) to boost its exports of garment, footwear and travel (GFT) goods. ...

Cambodia exported bicycles worth $331 million to foreign markets in the first half of 2023, a year-on-year drop of 30.5 percent, said a Ministry of Commerce’s report on Thursday. ...

Cambodia attracted 113 fixed-asset investment projects worth $1.1 billion in the first half of 2023, creating some 122,000 new jobs, said a Council for the Development of Cambodia’s report on Tuesday.   ...

The Kingdom’s competition law framework has grown steadily to become more robust during the last two years, according to a leading law firm in the region pioneering intellectual property rights. ...

Vietnam became Cambodia’s largest trading partner among members of the Association of Southeast Asian Nations (ASEAN) in the first five months of 2023 as bilateral trade made up nearly 50% of the total between Cambodia and ASEAN members during the period. ...

Cambodia raked in $88.9 million from exporting 138,364 tonnes of milled rice to China in the first half of 2023, according to the Cambodia Rice Federation (CRF). ...

The Regional Comprehensive Economic Partnership (RCEP) free trade pact and the bilateral free trade agreements (FTAs) will play a crucial role in attracting more foreign direct investments to Cambodia, Cambodia’s central bank said in a report released on Thursday. ...

The National Bank of Cambodia (NBC) yesterday released two proclamations that set new requirements for depositing-taking banks and financial institutions to strengthen the quality of their capital to increase the effectiveness of preventing main banking risks and assess credit risks at lower rates to boost ...

Cambodia’s Minister of Commerce Pan Sorasak said here on Monday that China’s official development assistance and investment have greatly contributed to the socioeconomic development in the Southeast Asian country. ...

Minister of Commerce Pan Sorasak urged all relevant parties to work together on the possibility of establishing a free trade agreement between Cambodia and Japan following a remarkable surge in exports of Cambodian products to Japan this year. ...

Cambodia’s total export to the Regional Comprehensive Economic Partnership (RCEP) member countries amounted to $ 2.89 billion in the first four months of 2023, up 16 percent from $ 2.49 over the same period last year, the Ministry of Commerce’s latest report showed on Sunday. ...

The Ministry of Commerce warns that it will fine business owners who fail to affix or post clear prices for their products and services as instructed by relevant authorities. ...

A week after Prime Minister Hun Sen asked the Ministry of Commerce (MoC) and Ministry of Tourism (MoT) to cooperate with each other to work on price labelling, the MoC has set strict rules to initiate legal actions against those businesses that fail to label ...

Cambodia and the United Arab Emirates (UAE) have thrashed out a deal after three rounds of negotiations over the Comprehensive Economic Partnership (CEPA) trade agreement. ...

VISA has committed to the enhancement of e-commerce and digital economy of Cambodia, affirmed Chris Clark, VISA’s Regional President for Asia Pacific, while paying a courtesy call on Pan Sorasak, Minister of Commerce, at the ministry office yesterday afternoon. ...

The General Department of Trade Promotion at the Ministry of Commerce has cooperated with PTT Cambodia Ltd on a project to boost Khmer product sales at PTT gas stations in the capital and 15 provinces after the project was successfully implemented in 2022. ...

A total of 22,713 companies, with cumulative “registered share capital” of $6.40 billion, were approved by the six first-phase agencies and successfully registered on the Online Business Registration Platform – also known as the “Single Portal” – as of March 6 at 2pm, the Online ...

Cambodia’s Ministry of Commerce and Lanton Cloud Service Technology Co., Ltd. have signed a memorandum of understanding (MoU) on strategic cooperation to promote the kingdom’s e-commerce, said a ministry’s news release on Wednesday. ...

The government is exploring the idea of entering into a memorandum of understanding (MoU) with Chinese e-commerce giant Alibaba Group to shore up international online sales of Cambodian products.​Minister of Commerce Pan Sorasak on February 14 chaired a first key meeting of an ad-hoc working ...

Cambodia’s Ministry of Commerce and Lanton Cloud Service Technology Co., Ltd. have signed a memorandum of understanding (MoU) on strategic cooperation to promote the kingdom’s e-commerce, said a ministry’s news release on Wednesday. ...

The Ministry of Commerce registered 10,701 new companies and enterprises in 2022, up 40 percent from 2021, reflecting Cambodia’s post pandemic economic recovery, said a report of the Ministry of Commerce released earlier this week. ...