E-commerce market value rises 19% to $970 million

The market value of e-commerce in Cambodia surged 19 percent to $970 million in 2021 compared to a year earlier, according to the iTrade Bulletin of the Ministry of Commerce. ...

Chea Vanyuth

Cambodia, Vietnam eye $10 billion bilateral trade in 2022

Cambodia’s Ministry of Commerce and Vietnam’s Ministry of Industry and Trade talked about boosting trade activities, pledging to push the bilateral trade volume to $10 billion by this year. ...

Chea Vanyuth

Cambodia launches 1st B2B2C e-commerce platform

Cambodia on Thursday launched the country’s first business-to-business-to-customer (B2B2C) e-commerce platform, aiming to help small and medium-sized enterprises (SMEs) sell their products to potential clients, said Commerce Minister Pan Sorasak. ...

Khmer Times Staff

Sorasak sees Cambodia-Czech bilateral trade boost in 2022

The trade volume between Cambodia and Czech Republic reached around $126 million in 2019. However, due to the adverse impact of Covid-19, trade between both countries shrank to about $80 million by 2020 and 2021. But Cambodia’s Minister of Commerce Pan Sorasak expects an improvement ...

Sok Sithika

Cambodia’s export to Canada under free tariffs and free quotas reaches $954.82 million

Pan Sorasak, Minister of Commerce, met with Dr. Sarah Taylor, Ambassador of Canada to the Kingdom of Cambodia to enhance cooperation between the two countries and promote some priority areas. ...

Khmer Times Staff

Cambodia’s Ministry of Commerce advises exporters to find alternatives as Vietnam-China border crossings congested

The Ministry of Commerce yesterday informed traders,  Association of Freight Forwarders, Importers and the public that at present, exporting goods to China via the Vietnam China border may become an issue due to the severe bottleneck. ...

Khmer Times Staff

China-Cambodia FTA to take effect on Jan 1, 2022

The free trade agreement (FTA) signed between China and Cambodia will take effect on Jan. 1, 2022, according to the Ministry of Commerce (MOC). ...

Khmer Times Staff

Cambodia sets up working group to develop strategy to take advantage of free trade agreement with China, Korea

The Ministry of Commerce has set up a working group to study and collect input from stakeholders and the private sector to develop strategies to maximize the implementation of the Free Trade Agreement, of which Cambodia is a signatory. This was said by Pan Sorasak, ...

Khmer Times Staff

Commerce Minister signs free trade deal with S. Korea

Cambodia and South Korea have signed a free trade agreement (FTA), cutting import tariffs by more than 90 percent. Commerce Minister Pan Sorasak inked the deal with South Korean Trade Minister Yeo Han-koo in a virtual ceremony yesterday. ...

Michael Firn

Cambodian commerce minister attends virtual ministerial meeting of LDCs

Pan Sorasak, Minister of Commerce of Cambodia, attended the virtual Ministerial Meeting of Least Developed Countries (LDCs) to examine and approve the Statement of LDCs for the 12th WTO Ministerial Conference to be held from Nov. 30 to Dec. 03, 2021 in Geneva, Switzerland. ...

Khmer Times Staff

Multilateralism, a key tool for current global issues

Multilateralism is a very important tool to solve challenges being faced by the world, mainly the least developed countries (LDCs). ...

Khmer Times Staff

Garment exports net $5 billion in eight months

The value of exports of garment and accessories from Cambodia rose by 3.3 percent to $5.021 billion in the first eight months of this year, compared with 4.861 billion during the corresponding period last year, according to the statistics from the Ministry of Commerce. ...

Chea Vanyuth

Tax changes are part of efforts to maintain govt revenue, experts say

The government is putting more pressure on Cambodia’s small and medium-sized enterprises (SMEs) to register with the Commerce Ministry and the Tax Department. It wants them to go legitimate in order to protect consumers and make sure it doesn’t miss out on revenue. ...

Michael Firn

Eight month exports valued at 11.08 bn

Cambodia’s exports in the first eight months this year saw a decrease, official figures showed. Its exports were worth  $11.086 billion, inching down 5.3 percent compared with the same period last year, according to a study by the Ministry of Commerce. ...

Chea Vanyuth

Bicycle exports jump nearly 25% so far this year

Cambodian bicycle manufacturers earned more than $400 million from exports in the year to Aug 31, according to the Commerce Ministry. Shipments were 24.5 percent higher than the first eight months of 2020. If overseas demand remains strong, 12-month exports are likely to exceed last ...

Michael Firn

Cambodia Trade to launch in weeks

Cambodia Trade, an online marketplace for small and medium enterprises (SMEs), is scheduled to operate officially in weeks after 16 firms were approved by the Ministry of Commerce to display their products. ...

Chea Vanyuth

Cambodia to host Asia-Europe business forum in November

The Ministry of Commerce will host its first Asia-Europe Business and Economic Forum in November via virtual video conference, said Minister Pan Sorasak. ...

Sar Socheath

Bicycle exports close to$250 million in first semester

Cambodia exported $247.5 million worth of bicycles to foreign markets in the first half of this year, inching down 4.2 percent compared to the same period last year. ...

Khmer Times Staff

CPFR seizes 97 tonnes of illegally imported spoiled or altered goods

The Ministry of Commerce’s Consumer Protection and Fraud Repression Department (CPFR) seized and destroyed 97 tonnes of counterfeit, damaged or altered goods, containing banned or expired ingredients in the first six months of 2021. ...

Son Minea

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