Ministry of Commerce

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. ...

Two government agencies got together to sign an agreement to boost and develop the silk sector in Cambodia. A memorandum of understanding (MoU) signed this month by the Ministry of Commerce and the Ministry of Labour and Vocational Training (MLVT) seeks to boost local raw ...

The Commerce Ministry officially launched a program yesterday giving the authority to issue certificate of origin licences to four provinces along the Thai border, potentially expediting the export process for agricultural businesses in the region. ...

Seeking to find new markets for Cambodia’s world-renowned Kampot pepper, the Ministry of Commerce held talks last week with Swiss dairy La Maison du Gruyere.   ...

The Commerce Ministry announced a standardised certification process for halal food in Cambodia yesterday, a move that was praised by Muslim religious leaders and food producers. ...

Cambodia exported about $3 billion worth of goods to the EU in the first nine months of last year, according to Ouch Borith, a secretary of state at the Foreign Affairs Ministry. Borith’s remarks came at the ministry’s annual meeting and were in response to a ...

A task force established a month ago to address problems stemming from an influx of Chinese investment to Sihanoukville has not received a single report of illegal businesses or taken any enforcement action, with one official maintaining it was impossible to take “serious” action for ...

When government-aligned Fresh News reported on Sunday that bilateral trade between the US and Cambodia had increased to $3.46 billion last year, up more than 8 percent from the year before, they weren’t using Cambodian government data. Nor was the state-run Agence Kampuchea Presse using government ...