Economy and commerce
Trade
Chinese-invested car tire factory in Cambodia set to export close to 6 million tires per year
A Chinese-invested tire factory in Cambodia’s Sihanoukville Special Economic Zone (SSEZ) officially launched its operation on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501295184/chinese-invested-car-tire-factory-in-cambodia-set-to-export-close-to-6-million-tires-per-year/
Cambodia’s rubber exports earn more than $200 million, up nearly 40%
Cambodia earned more than $200 million from the export of rubber and rubber products, an increase of more than 38 percent compared to the same period in 2022, reaching just over $149 million. This is according to the four-months report of 2023 of the General ...
Khmer Times Staff
https://www.khmertimeskh.com/501293951/cambodias-rubber-exports-earn-more-than-200-million-up-nearly-40/
Cambodian durian sector exploring export opportunities to China
Recently, the Samlot Durian Cluster, a durian association based in Cambodia’s Battambang province, held a meeting with several investors to discuss export opportunities to China, even though Cambodian durians have not yet secured access to this lucrative market. ...
Khmer Times Staff
https://www.khmertimeskh.com/501293262/cambodian-durian-sector-exploring-export-opportunities-to-china/
New AEO trade initiative set to draw more players to Cambodia
Cambodia’s new AEO (authorised economic operator) programme – and implementation thereof by Customs (GDCE) – will make life more convenient for investors and support initiatives to attract additional players to the Cambodian market, observers have claimed. ...
Hin Pisei
https://www.phnompenhpost.com/business/new-aeo-trade-initiative-set-draw-more-players-cambodia
CSX-listed state firms post dull results for start of 2023
Two local public-listed state-owned enterprises (SOE) have posted financial results for either the first three or four months of the year, which fell somewhat short of expectations, as local, regional and global economies continue to feel the shockwaves of the Russo-Ukrainian conflict. ...
May Kunmakara
https://www.phnompenhpost.com/business/csx-listed-state-firms-post-dull-results-start-2023
RCEP, FTAs to put region, Cambodia in better position to recover from pandemic impacts
The Regional Comprehensive Economic Partnership (RCEP) trade pact and bilateral free trade agreements will put the region and Cambodia in a better position to recover from the impacts of the COVID-19 pandemic, a Cambodian scholar said on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501292617/rcep-ftas-to-put-region-cambodia-in-better-position-to-recover-from-pandemic-impacts/
175 tenants employ ‘30,000’ at S’ville SEZ
The Sihanoukville Special Economic Zone (SSEZ), the Kingdom’s largest industrial park in terms of size and occupancy, now houses 175 tenants, which employ about 30,000 people, according to local reports. Notable nationalities of enterprise owners include China and the US, as well as those from ...
ហ៊ិន ពិសី
https://www.postkhmer.com/business/2023-05-15-0647-250046.html
Int’l trade slips but deficit dips 72%
Cambodia’s international trade volume reached $15.611 billion in the first four months of 2023, down 14.10 per cent year-on-year from $17.650 billion, while the trade deficit for the period narrowed by nearly three-quarters on an annual basis, according to provisional figures from the General Department ...
Hin Pisei
https://www.phnompenhpost.com/business/intl-trade-slips-deficit-dips-72
Cambodia’s international trade declines 14.1%
Cambodia’s international trade stood at $15.16 billion for January to April this year, a decline of 14.1 percent, compared to the same period last year, according to the trade data released by the General Department of Customs and Excise (GDCE) yesterday. ...
Manoj Mathew
https://www.khmertimeskh.com/501288366/cambodias-international-trade-declines-14-1/
Q1 Canada trade dips 22% despite March rebound
The merchandise trade volume between Cambodia and Canada reached $192.720 million in the first quarter of 2023, making the world’s ninth largest economy the Kingdom’s 10th biggest trading partner for the three-month period, according to Customs (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/q1-canada-trade-dips-22-despite-march-rebound
Bilateral trade between Cambodia and Japan worth $1.948 billion in 2022
The figure was revealed by Prime Minister Hun Sen when presiding over the groundbreaking ceremony for the construction of container terminal of Sihanoukville Autonomous Port (PAS), and the celebrations of the 70th Anniversary of Cambodia. -Japan Diplomatic Relations (1953-2023), and the 137th anniversary of International ...
Khmer Times Staff
https://www.khmertimeskh.com/501282910/bilateral-trade-between-cambodia-and-japan-worth-1-948-billion-in-2022/
Cambodia, UAE conclude comprehensive economic partnership agreement
The UAE and the Kingdom of Cambodia have finalised the terms of a comprehensive economic partnership agreement (CEPA), paving the way for a new era of trade and investment cooperation between the two nations. ...
Khmer Times Staff
https://www.khmertimeskh.com/501280969/cambodia-uae-conclude-comprehensive-economic-partnership-agreement/
Cambodia’s milled rice export up 3.5 pct in Q1
Cambodia exported 176,581 tons of milled rice in the first quarter (Q1) of 2023, up 3.5 percent from 170,539 tons in the same period last year, the Cambodia Rice Federation (CRF) said in a report released on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501279579/cambodias-milled-rice-export-up-3-5-pct-in-q1/
RCEP, FTAs create more favorable trade, investment opportunities for investors in Cambodia
The Regional Comprehensive Economic Partnership (RCEP) free trade pact and bilateral free trade agreements (FTAs) have provided more favorable trade and investment opportunities for investors in Cambodia, a senior commerce ministry official said on Saturday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501277686/rcep-ftas-create-more-favorable-trade-investment-opportunities-for-investors-in-cambodia/
Cambodia’s apparel exports to South Korea up 14% to $191 million in 2022
Cambodia’s trade balance with South Korea has improved in the first quarter of 2023, with decreased imports and higher apparel exports. ...
Khmer Times Staff
https://www.khmertimeskh.com/501277051/cambodias-apparel-exports-to-south-korea-up-14-to-191-million-in-2022/
Cambodia’s rubber export up 6.8 percent in Q1
Cambodia exported 65,921 tons of dry rubber in the first quarter of 2023, an increase of 6.8 percent from 61,739 tons in the same period last year, said a General Directorate of Rubber report on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501277044/cambodias-rubber-export-up-6-8-percent-in-q1/
Q1 milled rice exports soar to $126M on Europe sales uptick
Cambodia exported milled rice worth $126 million overseas in the first three months of 2023 – an increase of $20.9 million, or about 19.9 per cent, over the same period last year, according to data from the General Department of Customs and Excise of Cambodia ...
Van Socheata
https://www.phnompenhpost.com/national/q1-milled-rice-exports-soar-126m-europe-sales-uptick
Cambodia’s exports to India record Q1’s fastest growth of 67%
Cambodia’s exports to India went up by 67 percent during the first quarter (Q1) of the year, the fastest growth among the top 20 countries that export from the Kingdom. ...
Manoj Mathew
https://www.khmertimeskh.com/501275494/cambodias-exports-to-india-record-q1s-fastest-growth-of-67/
Cambodia’s export to South Korea surges in Q1
Cambodia’s export to South Korea significantly increased in the first quarter of this year, thanks to the bilateral free trade agreement, which was put into force last December. ...
Chea Vanyuth
https://www.khmertimeskh.com/501275292/cambodias-export-to-south-korea-surges-in-q1/
Türkiye wants to strengthen ties with Cambodia: Turkish ambassador
Türkiye wants to boost ties with Cambodia, which is becoming an attractive destination for trade and investment, the Turkish ambassador to Cambodia said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501274835/turkiye-wants-to-strengthen-ties-with-cambodia-turkish-ambassador/