Ministry of Commerce

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. ...

Commerce Minister Sun Chanthol on Monday asked the World Bank and the European Union to review a trio of new trade agreements with Cambodia’s neighbors to determine what impact the deals would have on the country’s exports. ...

Cambodia and Thailand are planning to open four new border crossings in four provinces as part of a move to increase trade between the two countries, officials said yesterday. ...

The Ministry of Commerce will begin publishing a news magazine early next month to promote its activities and provide information on market developments, an official said Wednesday. ...

Cambodia’s Commerce Ministry has agreed to invest $450,000 as a one time seed capital in the country’s rice sector to help boost exports, local sources quoted an official from the Cambodian Rice Federation (CRF). ...

A group of Cambodia’s businessmen will attend the upcoming trade exhibition in Macau this year, said ministry of commerce. ...

The Cambodian Rice Federation signed a memorandum of understanding with the Ministry of Commerce on Thursday to receive $450,000 in financial support from the government to increase Cambodia’s rice exports, according to a federation official. ...

Commerce Minister Sun Chanthol warned students at the elite Royal School of Administration on Tuesday: “We cannot live on a rich island in the middle of a poor ocean.” ...

The Commerce Ministry on Wednesday released a draft of the country’s first food law, which establishes a Food Safety Authority charged with protecting domestic consumers and ensuring that exports meet international standards. ...

Just days after a human rights group criticized the Commerce Ministry for stripping its newly revamped website of detailed information on businesses operating in Cambodia, the ministry restored its searchable database. ...

As the only finalist in its category at Thursday’s Cambodia Information and Communications Technology awards, the Commerce Ministry looks likely to take home first prize for its newly overhauled website. ...

In anticipation of increasingly adverse export conditions, entrepreneurs from six northeastern provinces of Thailand are trying to strengthen ties with their counterparts here. ...

Bilateral trade between China and Cambodia will be worth more than $5 billion by 2017, up from $3.75 billion last year, according to estimates made public by the Ministry of Commerce on Monday. ...

Cambodia and Thailand are targeting to boost bilateral trade to more than US$5 billion in 2015, Vietnam News Agency (VNA) reported. In the first quarter of 2015, bilateral trade between both countries reached over US$1.6 billion. ...

The $1.6-billion Untac mission of the early 1990s injected a huge amount of money into Cambodia’s economy. Now, the U.N. wants to pump millions more into the country—this time by buying up the offerings of local businesses. ...

Cambodian Labor Minister Ith Samheng said on Sunday that the country’s garment and footwear industries, the kingdom’s largest foreign currency earner, are comprised of 1,087 factories with 700,000 direct jobs. ...

The government of Cambodia is planning to double rice exports to China in 2015-16 (May-April) to around 200,000 tons, local sources quoted the Ministry of Commerce spokesman as saying. ...

Cambodia exported 149,464 tons of rice in the first three months of 2015, up 77 percent over the same period last year, according to data of the Secretariat of One Window Service for Rice Export Formality. ...

Feasibility studies on achieving Geographical Indication status for Thma Koul rice, Kampot durian and Cambodian golden silk have been completed, officials said yesterday. Ouk Prachea, secretary of state at the Ministry of Commerce, said the ministry was waiting for the results of the studies done by ...

A businesswoman who was arrested in Thailand in December and extradited to Cambodia over charges of plotting to rape and murder the wife and daughter of the country’s commerce minister claimed after being denied bail by the Appeal Court on Tuesday that the minister was ...

Commerce Minister Sun Chanthol said yesterday that his ministry was initiating reforms that would see Cambodia’s ease of starting a business ranking leap from the current 184 to 21. He said the government would also need to make changes to the Company Registration Law, reduce ...

Commerce Minister Sun Chanthol called on business owners to clean up their activities in the Kingdom, in order to remain competitive, especially in light of the ASEAN Economic Community integration due to be realised at the end of the year. Private sector companies have traditionally raised ...