Ministry of Commerce

Nearly four months after the Ministry of Commerce implemented a fuel-pricing mechanism that lowered prices at the pump to reflect the fall in the global commodity last March, petrol prices have inched back up to pre-intervention levels. ...

Elections are due in the Cambodia Rice Federation (CRF) for the second term of its president and council of board members. The elections come at a crucial time as the government considers an emergency loan request from the CRF to help protect the rice sector ...

Integrating Asian economies through a proposed regional partnership and other trade deals is vital for achieving sustainable growth, Cambodia’s public works minister said on Monday. ...

Despite an initial rebound in global rubber prices, Cambodian rubber farmers predict a bleak year as production and exports have increased while profits continue to suffer. ...

Vietnam will host its seventh annual trade fair in Cambodia during the second week of October of this year, the Department of Economics in the Vietnam Ministry of National Defense (MOD) announced in Ho Chi Minh City last week.   ...

Bilateral trade between Thailand and Cambodia decreased by 13 per cent in the first three months of this year compared to the same period in 2015, according to statistics provided by the Royal Thai Embassy. ...

Cambodia and Russia have officially inked agreements to promote bilateral trade and investment until 2020, although concrete details about how that will be accomplished have yet to be released. ...

Newly appointed Minister of Commerce Pan Sorasak issued a shot across the bow yesterday at individuals and companies that infringe on the intellectual property of other firms, warning his ministry was ready to take action against violators. ...

The UN’s International Fund for Agricultural Development (IFAD) will provide $36 million to the Commerce Ministry to help improve market access for poor farmers and small entrepreneurs. ...

When the National Assembly meets today to approve the prime minister’s second cabinet reshuffle since the last election, it will be a case of back to the future for outgoing Commerce Minister Sun Chanthol.   ...

The Commerce Ministry announced in a letter yesterday that it would push the deadline for companies to register themselves on its new online portal system back to June 30, after the majority of companies operating in the Kingdom failed to register by the original deadline ...

The newly established special industry committee to deal with the crisis confronting the rice sector will meet Deputy Prime Minister Keat Chhon today to discuss urgent solutions to the problems they face. ...

The Commerce Ministry has received more than 5,000 applications from companies to register their trademark in the first three months of this year – the same as for all of last year – a senior ministry official said yesterday. ...

With global oil prices down and a devalued United States dollar, the price of gold has remained stable and has risen slightly while trade at gold shops has been steady, a gold shop owner said yesterday. ...

The government issued its first scheduled recalculation of the fuel-pricing mechanism it rolled out on March 15, increasing the price cap on gasoline by 100 riel. ...

Thirteen provinces across the country have finished harvesting their dry season rice and yields have increased on last year’s crop, but local millers and exporters are concerned about the bulk of the crop making its way to a neighboring country.   ...

Reforming public financial management will not be effective unless there are enough qualified human resources at ministries and institutions, the prime minister said yesterday. ...

The Commerce Ministry has created a special taskforce to study challenges threatening the sustainability of the nation’s rice industry and will report its findings within two weeks, a ministry official said yesterday. ...

The drop in the price of gasoline and diesel, following new pricing regulations introduced last week, has been especially cheered by people whose incomes are low. ...

The government announced a set of price caps on retail petroleum products yesterday based on the application of its new fuel-pricing mechanism. Sor Chandara ...

Gas stations around the country will be required to sell their products at a standardized price and any that overcharge will be fined, the government said yesterday. ...

The government has reached an agreement with two foreign oil companies operating in Cambodia on a proposed fuel-price mechanism, ending a two-month deadlock that has prevented it from implementing a price ceiling on gasoline sold at petrol stations across the Kingdom. ...

An additional 70 gas stations will be set up across the country by 2020 by PTT (Cambodia) Limited, a subsidiary of Thailand’s PTT oil and gas conglomerate, while retail prices will soon be regulated to reflect the fluctuations in global oil prices. ...

Cambodia imported 2.55 million tons of petroleum in 2015, up 64 percent from 1.55 million tons in the year before, according to the data of the Ministry of Commerce. ...