Ministry of Commerce

About half of the country’s rice millers and exporters went out of business last year and those clinging on are likely to follow suit within two years unless the government injects capital into the sector and takes measures to curb the flood of imported rice ...

Cambodian exports grew by 17 per cent last year, driven by increases in shipments of rice and footwear, with garment export growth easing to a little under 7 per cent, according to a new Ministry of Commerce report. ...

At the close of the three-day annual Cambodia Rice Forum, Commerce Minister Sun Chanthol on Tuesday suggested that the first-rate rice brand set to be launched on the international market this year be marketed as “Extra Premium” jasmine rice. ...

The number of ships coming through the port rose 17 percent year to year, and cruise ships rose from 25 to 36. ...

The Ministry of Commerce announced last week a $400 million proposal by three Chinese firms to build state-run rice warehousing facilities to increase the Kingdom’s storage capacity. ...

The $540 million Tatay River hydropower plant was inaugurated yesterday in Koh Kong, making it the second hydropower plant in the province after the Russei Chrum Krom River plant opened earlier this year. ...

Muang Thai Life Assurance (MTL) is planning to expand to the Cambodian market early next year, according to a report in the Bangkok Post. ...

Local manufacturers are calling for government support to help them make their products meet quality standards set by other members of ASEAN – standards they say will be the major barrier to access the regional market as the ASEAN Economic Community (AEC) kicks off at ...

Cambodian manufacturers have to improve the quality of the packaging of their goods if they want to attract investment and compete internationally, Commerce Minister Sun Chanthol said at the opening of trade show yesterday. ...

Revenue from business registration fees rose 13 percent to about $2.4 million in the first 11 months of the year over the same period last year, with 4,076 businesses registering at the Commerce Ministry compared to 3,618 in the year-ago period, the ministry said yesterday. ...

Prime Minister Hun Sen has ordered authorities around the country to “crack down” on groups involved in armed robberies following a recent crime wave that has left a number of people killed and injured. ...

Chinese Investors from Sichuan Province in Western China are seeking out investment opportunities in Cambodia, a senior official from the China Council for the Promotion of International Trade (CCPIT) Sichuan Council said yesterday at a meeting in the capital. Investment would be focused on infrastructure ...

Technological innovation is playing a critical role in the development of the country’s economy by making business operate faster, a senior official at the Ministry of Commerce told a seminar last week. ...

A new law protecting investment from Russia and Belarus will help Cambodia diversify its export markets as well as encourage more investments from Russia and Eastern Europe, Senate spokesman Mam Bun Neang said yesterday. ...

Cambodia continues to struggle to adopt a balanced approach to its energy needs, according to a report released by the World Energy Council (WEC) today. ...

Cambodia’s garment industry continued to perform “solidly” through the first half of the year, allaying fears that recent minimum wage increases would cripple one of the country’s main economic engines, according to the latest figures released by the International Labor Organization (ILO). ...

Commerce Minister Sun Chanthol told parliament Monday of plans to overhaul the current system of registering a business in Cambodia, an often slow and corrupt process, by moving the entire system online, where registration will open on December 7. ...

The planned meeting of representatives from eight leading gas-station chains and government officials to discuss a formula for setting a range for retail gasoline prices was postponed yesterday until tomorrow, officials at the Commerce Ministry said. ...

The Cambodia’s Ministry of Commerce on Thursday convened a meeting with eight major oil companies to urge them to slash oil prices as global prices have declined. ...

The Cambodian government will hold a meeting with gasoline companies on October 1st aiming to ask those companies to reduce the price of gasoline.​ ...

As global oil prices have plummeted over the past year, the price of gas at the pump in Cambodia has seen a much slower fall. ...

The Seventh Cambodia – Lao PDR – Myanmar – Viet Nam (CLMV) Economic Ministers’ Meeting (EMM) was held on 25 August 2015 in Kuala Lumpur, Malaysia, according to ASEAN secretariat’s press release.The Meeting was chaired by H.E. Mr. Pan Sorasak, Secretary of State for Commerce, ...

The value of Cambodia’s international trade increased by about 9 percent in the first six months of this year compared with the same period last year, according to the latest data from the Commerce Ministry. ...

Cambodia’s trade volume with foreign countries was valued at $ 9.75 billion in the first six months of 2015, an increase of 9.5 percent from $ 8.9 billion over the same period last year, according to Chinese News Agency-Xinhua quoted the ministry of commerce’s statistics. ...