Ministry of Commerce

Cambodia’s retail petrol price has increased more than 20 per cent during the first four months of this year due to rising costs on the international market, the monthly oil prices set by the Ministry of Commerce reveal. According to the price lists, which have ...

The Ministry of Commerce is planning a meeting with public and private actors to discuss the revocation of the European Union’s Everything-but-arms (EBA) deal and to find ways to diminish its impact on the economy, the ministry said in a press release. The ministry’s statement, ...

Cambodia has unveiled several measures to support local manufacturers and exporters in case the European Union (EU) decides to temporarily strip trade preferences from the country, according to China’s Xinhua News Agency. The Cambodian Ministry of Commerce issued a statement on February 12, saying that it ...

Air conditioner imports from Thailand were valued at about $16 million last year – a fraction of the total $5 billion Thailand earned from its air conditioner exports to international markets, the country’s Department of International Trade Promotion at the Ministry of Commerce said. ...

Cambodia’s Prime Minister Hun Sen has unveiled a new campaign to boost economic independence and reduce the reliance on preferential trade statuses offered by advanced countries, saying the government will provide better trade facilitation and eliminate unnecessary procedures. ...

The Ministry of Commerce approved 269 business trademarks this year, bringing the total number of such registrations at the ministry to 4,186 – an increase from 3,917 last year, its annual report said. ...

The Ministry of Commerce generated more than $82 million this year in customs and public services, according to the ministry’s annual report. ...

The European Union yesterday failed to come to a consensus on taxing Cambodia fragrant and white rice, giving leaders of the local rice sector more time to plan the next step in their fight to stop the EU from imposing tariffs. ...

Cambodian experts on Tuesday urged entrepreneurs, traders, producers and suppliers to pay more attention to food safety standards to ensure the welfare of consumers. The appeal was made at the Food Safety Forum held at the Mekong Institute under cooperation with Institute of Standards of ...

Cambodia imported about $15 billion worth of gold during five years from Singapore, according to government statistics compiled by nongovernmental organization Mother Nature Cambodia — a figure so large, corruption monitor groups say it raises alarms about potential financial crimes, particularly smuggling. ...

Cambodia exported more than 1,000 tonnes of dry tobacco leaves to Vietnam last year, valued at more than $2 million. The figure marks a 24 per cent increase from 2016, the Ministry of Commerce said. Ministry of Commerce spokesman Long Kemvichet said data showed the ...

Hong Kong-based Green Leader Holding Group and the United Nations Development Progamme (UNDP) signed a cost-sharing agreement on Thursday to implement an $800,000 project on accelerating the cassava market. ...

The Minister of Commerce Pan Sorasak urged a Hunan-based company to take advantage of the vast, untapped potential in the agricultural sector and to invest in an export processing plant in Battambang. ...

The process of obtaining geographical indication (GI) status for Kampong Speu palm sugar in the European Union suffered a setback this week after a company asked for revisions to the wording of the product’s guidebook, according to a producers association. ...

Exports of garment and footwear products achieved solid growth during the first half of the year, expanding by 9.3 percent. According to the Ministry of Commerce, exports from the country’s garment industry were valued at $3.7 billion during the first six months of the year. ...

The Ministry of Commerce is taking action to stop a drop in the price of white rice. Following reports of a fast decline in the price of the commodity, the Ministry of Commerce started working with local authorities to gather information in major rice-producing areas, ...

Two Shanghai-based companies have revealed plans to invest in coal fired power plants and satellite technology in the Kingdom. Liang Shan, vice president of Shanghai Electronic Communication Technology, and Yongtao Jiao, president of Beidou Star Data Technology, expressed their intention to invest in the country ...

The government has officially launched its new strategy for the cassava industry, which aims to position Cambodia as a reliable supplier of cassava-based products to the global market, according to a high-ranking government official. ...

Starting yesterday, the price of regular gasoline in the Kingdom is 3,950 riel ($0.97) per litre, amounting to a reduction of 200 riel per litre following a series of tax cuts announced last month by Prime Minister Hun Sen as well as price reductions implemented ...

Producers, traders and exporters in Ratanakkiri and Tbong Khmum can now apply online for certificates of origin for their exports, submitting applications through the website of their respective provincial commerce department. ...

The pomelo grown in Kratie’s Koh Trong commune is now the third Cambodian product to obtain Geographical Indication (GI) status, following in the footsteps of Kampot pepper and Kampong Speu’s palm sugar. ...

With the price of oil in the international market on the rise, Prime Minister Hun Sen yesterday announced he will unveil a new policy to deal with the impact of more expensive crude on the 28th of this month. ...

Cambodian officials pleaded last week with representatives of the Eurasian Economic Union (EAEU) to include more Cambodian products into the bloc’s joint tariff scheme during a high level diplomatic meeting in Moscow. ...

Cambodian exports to the United States, the world’s largest economy, rose sharply during the first three months of the year following a marked increase in the shipments of travel goods after the US renewed its Generalized System of Preferences in March. ...