Trade

Imports

Minister calls for old car ban

Imports of older cars and vans should be banned to help reduce pollution, Minister of Industry and Handicrafts Cham Prasidh said on Monday. Speaking to Cambodia’s business community at a Green Industry workshop in Phnom Penh on Monday, Prasidh said all countries had a role to ...

Chan Muyhong
http://www.phnompenhpost.com/business/minister-calls-old-car-ban

Cambodian largest port sees rise in cargo shipment in first quarter

The Sihanoukville Autonomous Port, Cambodia’s largest shipping facility, reported a 13 percent rise in cargo shipments in the first three months of this year, a port’s data showed Thursday. Some 862,380 tons of goods had been transported through the port during the January-March period this year, ...

Global Times News Staff
http://www.globaltimes.cn/content/855162.shtml#.U1CEvPmSxqU

In effeminate tones, Hun Sen lampoons opposition politicians

Prime Minister Hun Sen used the opening ceremony of a dam in Pursat province Thursday to act out a scene of biting political satire by pouring scorn on promises from the opposition CNRP to simultaneously reduce food prices in markets, while increasing prices paid to ...

Khuon Narim
http://www.cambodiadaily.com/news/in-effeminate-tones-hun-sen-lampoons-opposition-politicians-55131/

Porsche dealership to open

The newly appointed local distributor of German carmaker Porsche broke ground yesterday on a $2 million dealership that is set to open within eight months across from the Phnom Penh International Airport on Russian Boulevard. Equipped with four service bays, the planned Porsche Centre Phnom Penh ...

Eddie Morton
http://www.phnompenhpost.com/business/porsche-dealership-open

New local distributor for Jaguar, Land Rover

RMA Cambodia confirmed yesterday it had taken over from rival firm Envotech as the Kingdom’s only authorised dealer of Land Rover and Jaguar vehicles. Envotech will have held the authorised dealer rights for two years when it closes its Phnom Penh dealership on March 26. RMA, whic ...

Hor Kimsay
http://www.phnompenhpost.com/business/new-local-distributor-jaguar-land-rover

Cambodia's trade with ASEAN hit US$4.16 Billion last year

Cambodia’s trade volume with Asean member states reached US$4.16 billion last year, up 12 percent from US$3.71 billion in 2012, Xinhua news agency reported. In the Commerce Ministry’s report released Wednesday, Cambodia exported products equivalent to US$482 million to the Association of Southeast Asian Nations (Asean) ...

Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=1019495

Vietnam, Cambodia trade volume grows, but slightly

Bilateral trade between Cambodia and Vietnam increased only about 3.4 per cent last year compared to 2012, data from the Vietnamese embassy in Phnom Penh showed yesterday. An embassy official said the sluggish growth could be attributed to the political deadlock between the Cambodian People’s Party ...

May Kunmakara
http://www.phnompenhpost.com/business/vietnam-cambodia-trade-volume-grows-slightly

Cambodia's trade with Thailand hits 4.5 bln USD last year: minister

Trade between Cambodia and neighboring Thailand reached 4.5 billion U.S. dollars in 2013, up 12 percent from 4 billion U.S. dollars a year earlier, Cambodian Minister of Commerce Sun Chanthol said Thursday. Of the amount, Cambodia’s export to Thailand was equivalent to 351 million U.S. dollars, ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-02/06/c_133095545.htm

Moc Bai Border Gate Economic Zone

Moc Bai Border Gate Economic Zone is located on the Trans-Asia Road that starts from Myanmar, goes to Thailand, Cambodia, Laos and Vietnam and ends at Quangxi, China. It was built with three border gates on an area of 21,283ha, covering the communes of Long Thuan, ...

Vietnamnet News Staff
http://english.vietnamnet.vn/fms/business/92035/moc-bai-border-gate-economic-zone.html

Commerce Minister calls on checkpoint officials to crackdown on expired goods

Commerce Minister asked officials at all border checkpoints to prevent and crackdown on expired products. Son Chanthol, the Commerce Minister, made such comments during a meeting Tuesday with officials from Department of Commerce, Chamber of Commerce, and checkpoints in Banteat Meanchey province. He also asked his officials ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=OWFjOTZkZjI0OTh

Food Vendors Feel the Bite of Soaring Inflation

Two months ago, Sok Sathya spent less than a dollar for a kilogram of oranges to sell from his sidewalk stall across from a row of garment factories in Phnom Penh’s Meanchey district. Now the same oranges cost Mr. Sathya, 39, more than 6,000 riel, or ...

Hul Reaksmey and Colin Meyn
http://www.cambodiadaily.com/news/food-vendors-feel-the-bite-of-soaring-inflation-50773/

Cambodia's trade with foreign countries reaches nearly 16 bln USD last year

Cambodia’s trade volume with foreign countries amounted to 15.9 billion U.S. dollars last year, up 18 percent compared with 13.4 billion U.S. dollars in a year earlier, according to the report of the Commerce Ministry on Wednesday. The country had exported products in equivalent to 6.9 ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-01/15/c_133046741.htm

Mixed results for local dealerships

The new year has brought with it a mixed outlook for the vehicle market, as dealers post both positive and negative sales figures for 2013. Pily Wong, chief executive of Mercedes-Benz and Volkswagen distributor Hung Hiep (Cambodia), said sales had been seriously affected by the Kingdom’s ...

Chan Muy Hong
http://www.phnompenhpost.com/business/mixed-results-local-dealerships

Vietnamese Shops Worry Over Possible Violence

Vietnamese business owners and managers in Phnom Penh on Tuesday said they were concerned their shops could become potential targets of ethnically motivated violence as anti-Vietnamese sentiment among protesters increases, but added they would continue to operate as normal—for now. In recent weeks, there has ...

Ben Sokhean and Joshua Wilwohl
http://www.cambodiadaily.com/business/vietnamese-shops-worry-over-possible-violence-50301/

Cambodia's oil import down 2 pct in 2013

Cambodia imported 1.4 million tonnes of petroleum in the first eleven months of 2013, down 2 percent from the 1.43 million tonnes a year earlier, the data of the Commerce Ministry showed Sunday. During the January-November period, the country spent about 1. 34 billion U.S. dollars ...

Asean - China Centre News Staff
http://www.asean-china-center.org/english/2014-01/06/c_133021769.htm

Royal Group makes deal during PM’s official visit

A Royal Group subsidiary has signed a deal with two Vietnamese firms to import fertiliser, a senior official with the company said yesterday. Among several deals agreed to during Prime Minister Hun Sen’s trip to Vietnam this weekend, Nitrogen Chemicals and Fertilizer Cambodia Ltd, the subsidiary ...

Chan Muy Hong
http://www.phnompenhpost.com/business/royal-group-makes-deal-during-pm%E2%80%99s-official-visit

Cambodian, Chinese firms ink deals to jointly invest in agriculture

Two Cambodian companies on Monday signed Memorandums of Understanding (MoU) with Chinese companies to invest in the agricultural sector. One deal was inked between Chan Sothea, general director of Cambodia’s Century Rice Group, and Ivan, managing director of Shengen Yonglongxin Industrial Company. Under the agreement, the two ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-12/16/c_132972733.htm

For 2013, trade value to reach $16 billion

The value of Cambodia’s overall trade volume for 2013 is expected to reach $16 billion, according to the former Minister of Economy and Finance, Keat Chhon. The figure comes to a 14.4 per cent rise from last year. ...

Chan Muy Hong
http://www.phnompenhpost.com/business/2013-trade-value-reach-16-billion

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