Ministries and other national bodies
Ministry of Commerce
Ministry, Japan agri-firm ink MoU
The Ministry of Commerce on January 6 signed a memorandum of understanding (MoU) with Japan’s Yamato Green Co Ltd to develop value chains for agribusiness products. Having registered with the Ministry of Commerce on April 22, Yamato Green has had relative success in growing safe ...
Thou Vireak
https://www.phnompenhpost.com/business/ministry-japan-agri-firm-ink-mou
$500K investment for SMEs to improve e-commerce
A $500,000 investment will go towards 125 small and medium sized businesses set to gain grants and training in online commerce according to a joint press release by the Ministry of Commerce of the Kingdom of Cambodia, the Enhanced Integrated Framework (EIF) and the UN ...
Khmer Times Staff
https://www.khmertimeskh.com/50798664/500k-investment-for-smes-to-improve-e-commerce/
Cambodia reviews trading policy and strategy
The Ministry of Commerce has begun the review of the policy and strategy for Free Trade Agreement (FTA) to optimise its benefits both for Cambodia and concerned parties. ...
So Sophavy/AKP
https://www.khmertimeskh.com/50798268/cambodia-reviews-trading-policy-and-strategy/
Ministry works on plan to win in trade
Ministry of Commerce officials are combing over a list of nine products, commodities, services and incentives to develop a trade strategy that maximises the benefits of the newly-inked free trade agreement (FTA) with China. ...
Hin Pisei
https://www.phnompenhpost.com/business/ministry-works-plan-win-trade
Digital services tax levy under study
The Ministry of Economy and Finance, Ministry of Commerce and Ministry of Post and Telecommunications held a joint meeting last week to discuss the potential collection of a digital services tax. ...
Jason Boken
https://www.khmertimeskh.com/50797802/digital-services-tax-levy-under-study-2/
Cambodia Australia consumer care plan
The Cambodia-Australia Consumer Protection Partnership will launch in 2021 with Australia having agreed to station a consumer protection technical official in the Kingdom following a request by the Ministry of Commerce. This will allow the sharing of expertise and experience towards the enhancement of work ...
Harrison White
https://www.khmertimeskh.com/50797232/cambodia-australia-consumer-care-plan/
Banteay Meanchey trade fair postponed
The Ministry of Commerce on December 18 said it will indefinitely postpone another trade fair under the umbrella of the fifth season of its “Buy Cambodian Campaign” as a measure to prevent the spread of the Covid-19 disease. ...
Thou Vireak
https://www.phnompenhpost.com/business/banteay-meanchey-trade-fair-postponed
Bicycle boom sees Cambodia overtake rivals in exports to EU
According to the Ministry of Commerce, more than 1.5 million bicycles were exported as of the end of the third quarter this year, bringing in some $400 million in revenue. ...
Tom Starkey
https://www.khmertimeskh.com/50793025/bicycle-boom-sees-cambodia-overtake-rivals-in-exports-to-eu/
UK grants GSP status to Cambodia effective 2021
Cambodia’s exports see new light with the granted duty-free and quota-free access to the markets in the United Kingdom, commencing 2021. Sok Sopheak, Secretary of State at the Ministry of Commerce shared that Cambodia will discuss with the UK counterpart on the import and export ...
Lim Nary/AKP
https://www.khmertimeskh.com/50791084/uk-grants-gsp-status-to-cambodia-effective-2021/
Cambodia’s Kampot pepper granted GI certification from 50 Countries
The Ministry of Commerce has secured geographical indication (GI) certification of Cambodia’s Kampot pepper from 50 countries. The update was provided by the Minister of Commerce Pan Sorasak when presiding over official Handover Ceremony of Czech Machine and Buying “Kampot Pepper” from Small Farmers by ...
Phal Sophanith/AKP
https://www.khmertimeskh.com/50788387/cambodias-kampot-pepper-granted-gi-certification-from-50-countries/
Increase in Russian investment sought by commerce ministry
Cambodia has called for an increase in investment from Russia, particularly in the light and medium machinery sector, according to a senior official at the Ministry of Commerce. ...
Sok Chan
https://www.khmertimeskh.com/50788919/increase-in-russian-investment-sought-by-commerce-ministry/
MoC conducts workshop on Law on Consumer Protection
The Ministry of Commerce’s Directorate General of Consumer Protection, Competition and Fraud (CCF) has conducted a “National Dissemination and Planning Workshop on the Law on Consumer Protection” for relevant stakeholders and representatives of local and international organizations. ...
Sok Chan
https://www.khmertimeskh.com/50786648/moc-conducts-workshop-on-law-on-consumer-protection/
E-Commerce Strategy launched
Cambodia officially launched the E-Commerce Strategy on November 25 in a bid to achieve and drive forward competitive growth in trade and economic terms and aid in its pursuit of becoming an upper middle-income country by 2030 and a high-income country by 2050. ...
Hin Pisei
https://www.phnompenhpost.com/business/e-commerce-strategy-launched
Trade fair scrapped over Covid-19 fears
The Ministry of Commerce on November 19 cancelled the 15th edition of the Cambodia Import-Export Goods Exhibition due to Covid-19 concerns. Originally scheduled to be held from December 15-18 at the Koh Pich Convention and Exhibition Centre on Phnom Penh’s Koh Pich island, the Kingdom’s ...
May Kunmakara
https://www.phnompenhpost.com/business/trade-fair-scrapped-over-covid-19-fears
Long-awaited RCEP signing ‘bodes well for economic upturn’
The long-awaited Asia-Pacific Regional Comprehensive Economic Partnership (RCEP) agreement was officially signed yesterday. The signing brings renewed hopes for comprehensive change in the flow of regional trade and investment and the promotion of intra-bloc supply chains capable of bolstering trust among members of the region’s ...
Sok Chan
https://www.khmertimeskh.com/50783043/long-awaited-rcep-signing-bodes-well-for-economic-upturn/
Directive on work conditions issued
The Ministry of Commerce together with the Ministry of Labour and Vocational Training has issued a joint directive on the implementation of the Better Factory Cambodia (BFC) project in export-oriented factories in the textile, garment and travel goods and bags sector. ...
Sok Chan
https://www.khmertimeskh.com/50782279/directive-on-work-conditions-issued/
Vietnam border markets on the cards for 2021
Prime Minister Hun Sen has ordered the Ministry of Commerce to work with Svay Rieng and Kampot officials to build two additional border markets in a bid to shore up border trade and enhance cooperation with Cambodia’s neighbour Vietnam. ...
Hin Pisei
https://www.phnompenhpost.com/business/vietnam-border-markets-cards-2021
Nutrilatt, parents will head to court over formula effects
The Ministry of Commerce’s General Department of Consumer Protection, Competition and Fraud Repression will send a case involving the parents of 24 infants who were allegedly affected by consuming the milk powder products of Nutrilatt Master LM Co, Ltd to court on November 14. ...
Voun Dara
https://www.phnompenhpost.com/national/nutrilatt-parents-will-head-court-over-formula-effects
Cambodia exports more than 1.5 million bicycles in first nine months
Over 1.5 million units of Cambodian bicycles have been exported to foreign markets as of the third quarter of this year, generating nearly $400 million, according to figures from the Ministry of Commerce. ...
Chea Vannak/AKP
https://www.khmertimeskh.com/50779897/cambodia-exports-more-than-1-5-million-bicycles-in-first-nine-months/
New draft law on investment mulled
The government is sending a new draft law on investment to the private sector to discuss ways to make it more comprehensive and help Cambodia become an attractive destination for new investment and to improve the investment environment in the country. ...
Sok Chan
https://www.khmertimeskh.com/50773944/new-draft-law-on-investment-mulled/
Government to draft policy to boost pepper value
The government is now drafting a policy on pepper with the intention of scaling up a competitive advantage, attract investors and boost added-value to Cambodian pepper production, according to a senior official at the Ministry of Commerce. ...
Sok Chan
https://www.khmertimeskh.com/50768753/government-to-draft-policy-to-boost-pepper-value/
Boost for special economic zones
Cambodia exports via Svay Rieng province-based special economic zones (SEZs) alone reached more than $124.87 million in August, an increase of more than $57 million in July, according to figures from the Ministry of Commerce. ...
Sorn Sarath
https://www.khmertimeskh.com/50765345/boost-for-special-economic-zones/
UK FTA could be on horizon
Cambodia and the UK have vowed to boost their bilateral trade as the Kingdom looks to establish a bilateral free trade agreement with the country. The understanding was made during a meeting between secretary of state of the Ministry of Commerce Sok Sopheak and deputy ...
Thou Vireak
https://www.phnompenhpost.com/business/uk-fta-could-be-horizon
Cambodia-Japan trade reaches $1.1 billion in first seven months
Bilateral trade between Cambodia and Japan was recorded at $1,175 million in the first seven months of this year, inching down 5.7 percent compared to the same period last year. ...
Chea Vannak /AKP
https://www.khmertimeskh.com/50764528/cambodia-japan-trade-reaches-1-1-billion-in-first-seven-months/