After FTA with China, S. Korea next in line to negotiate free trade agreement

A free trade agreement negotiation between Cambodia and the Republic of Korea has been scheduled to kick-start shortly. This was said by Pan Sorasak, Minister of Commerce when meeting Park Heung-Kyeong, Ambassador of S. Korea to Cambodia, at the ministry office. ...

Khmer Times Staff
https://www.khmertimeskh.com/50743512/after-fta-with-china-s-korea-next-in-line-to-negotiate-free-trade-agreement/

More Japanese investments on industry and agro-processing sought

Cambodian Minister of Commerce Pan Sorasak has encouraged Japanese investors to invest in the fields of industry and agricultural product processing in Cambodia. The call was made when he received a delegation of Japanese Business Association of Cambodia (JBAC) at the ministry Thursday. In the ...

Chea Vannak/AKP
https://www.khmertimeskh.com/50741042/more-japanese-investments-on-industry-and-agro-processing-sought/

SME chief complains of excessive red tape

The representative of the Cambodia Food Manufacture Association (CFMA) has requested a reduction in government red tape especially for the small and medium enterprises. ...

Sok Chan
https://www.khmertimeskh.com/50732781/sme-chief-complains-of-excessive-red-tape/

Cambodia ‘easy’ on EU-Vietnam trade deal

Cambodia will not show concern over the impact of the ratification of the European Union (EU)-Vietnam Free-Trade Agreement (EVFTA) which is expected to enter into force on Aug 1, according to senior government officials. ...

Sok Chan
https://www.khmertimeskh.com/50732206/cambodia-easy-on-eu-vietnam-trade-deal/

Cambodia pushes hard on free-trade agreements

Cambodia’s government is pushing for free-trade agreement (FTA) talks with potential partners while seeking Russian’s help for a Eurasian Economic Union (EAEU) free trade agreement. ...

Sorn Sarath
https://www.khmertimeskh.com/50723292/cambodia-pushes-hard-on-free-trade-agreements/

Australian firm keen to invest in Cambodia’s rice production chain

An Australian firm is eying investment in Cambodia’s paddy rice and milled rice production chain for export to Australia. This was made known by Pablo Kang, Ambassador of Australia during a meeting with Pan Sorasak, Minister of Commerce. ...

Khmer Times Staff
https://www.khmertimeskh.com/50723439/australian-firm-keen-to-invest-in-cambodias-rice-production-chain/

Cambodian rice exports burdened by power and transport costs

The Ministry of Commerce and Cambodia Rice Federation (CRF) are continuing working to solve the long-running challenges of the Kingdom’s high cost of electricity and transportation in order to boost the country’s rice industry. ...

Sorn Sarath
https://www.khmertimeskh.com/50722616/cambodian-rice-exports-burdened-by-power-and-transport-costs/

Free-trade talks continue despite the pandemic

Cambodia is closer to inking trade deals with developed economies despite the ongoing COVID-19 pandemic. Seang Thay, a spokesperson at the Ministry of Commerce, told Khmer Times yesterday that the free-trade agreement (FTA) negotiations between Cambodia, South Korea, China and ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50717809/free-trade-talks-continue-despite-the-pandemic/

Gasoline prices down by over a third

According to a data graphic from the Ministry of Commerce released on Thursday, regular petrol went from 3,550 riel ($0.88) to 2,250 riel ($0.56) per litre, representing a 36.6 percent decrease.​ ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50714010/gasoline-prices-down-by-over-a-third/

Gov’t set to finalise antitrust, competition draft law

The government will soon finalise a draft law on antitrust and competition, and submit it to the National Assembly for approval, Ministry of Commerce senior official told The Post on Wednesday. ...

Thou Vireak
https://www.phnompenhpost.com/business/govt-set-finalise-antitrust-competition-draft-law

Second round of China FTA talks close

The second round of negotiations for a Cambodia-China Free Trade Agreement highlighted the potential for expanding trade, investment, services, and strengthening cooperation between the two countries in the upcoming years, Ministry of Commerce secretary of state Sok Sopheak said in a press release on Friday. ...

Thou Vireak
https://www.phnompenhpost.com/business/second-round-china-fta-talks-close

Pandemic causes rise in Consumer Price Index

The COVID-19 pandemic has increased the Consumer Price Index (CPI) , according to a monthly report from the  Ministry of Commerce. ...

Khmer Times Staff
https://www.khmertimeskh.com/50710643/pandemic-causes-rise-in-consumer-price-index/

Big fall in petrol prices

Cambodia’s retail gasoline price has strongly declined for the first time because of the fall on the international market, according to the monthly oil prices set by the Ministry of Commerce revealed yesterday. ...

Khmer Times Staff
https://www.khmertimeskh.com/50708398/big-fall-in-petrol-prices/

Cambodia-Indonesia trade rise to record high in 2019

Bilateral trade between Cambodia and Indonesia jumped 46 per cent to a record high of more than $792 million last year, from $543 million in 2018, the Ministry of Commerce said. ...

Thou Vireak
https://www.phnompenhpost.com/business/cambodia-indonesia-trade-rise-record-high-2019

Ministry: EBA decision ‘politically driven’

The Ministry of Foreign Affairs and International Cooperation has reacted to the European Commission’s (EC) decision to partially suspend the Everything But Arms (EBA) scheme, saying it did not reflect the reality in Cambodia. An analyst also said the suspension would not make the Cambodian ...

Niem Chheng
https://www.phnompenhpost.com/national-politics/ministry-eba-decision-politically-driven

Kingdom’s fuel prices fixed despite US-Iran row

Increase tensions between the US and Iran, one of the world’s largest oil producers, could cause prices to fluctuate, the Ministry of Commerce warned on Thursday. However, the ministry said fuel prices in the Kingdom will stick to those announced every 15 days, which are ...

Hin Pisei
https://www.phnompenhpost.com/business/kingdoms-fuel-prices-fixed-despite-us-iran-row

‘Reforms sink commerce ministry’s revenue by 50%’

A reduction in red tape saw Ministry of Commerce revenue decline 50 per cent last year compared to 2018, its annual report revealed. However, it said the bureaucratic reforms would boost the Kingdom’s competitiveness. The report showed that the government had eliminated some export procedures ...

Thou Vireak
https://www.phnompenhpost.com/business/reforms-sink-commerce-ministrys-revenue-50

Trademark registrations slightly increase in 2019

Registrations for trademarks rose slightly in the first 11 months of last year compared to the same period in 2018, the Ministry of Commerce’s Results Review and Implementation Plan for 2020 report stated. The report showed that trademark registrations rose by 2.13 per cent to ...

Thou Vireak
https://www.phnompenhpost.com/business/trademark-registrations-slightly-increase-2019

Local business registration up, sound macro-economic performance cited

Crediting sound macro-economic performance, the Ministry of Commerce reported a more than 24 per cent increase in the number of firms registering with it in the first 11 months of this year on the same period last year. According to the ministry, business registration increased ...

Thou Vireak
https://www.phnompenhpost.com/business/local-business-registration-sound-macro-economic-performance-cited

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