Trade

Trade policy and regulation

Hun Sen says investment in Cambodia increases sharply

Prime Minister Hun Sen on Monday said that the flow of investment in Cambodia increased sharply from USD2.9 billion in 2012 to USD4.9 billion in 2013. During the 4th Cambodia-Vietnam Conference on Investment Cooperation at Peace Palace, he said the Vietnamese investments also increased, from ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ODA4OGVlYjcxNmM

Cambodia says outlawed strikes adversely affect investment climate

Cambodian Ministry of Labor said Friday that outlawed strikes have frightened employers and worsened investment climate in the country. “The ministry calls for the (opposition) Cambodia National Rescue Party and six trade unions to immediately stop inciting workers to commit violence, road blockade, and destruction of ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/03/c_133017093.htm

Rice Exports Rise by More Than 170,000 Tons

Rice exports increased from 205,717 tons in 2012 to 378,856 tons in 2013 as a result of high demand from the European Union as well as countries in Asia, according to figures released Thursday by the Ministry of Agriculture. France imported the most Cambodian milled rice, ...

Hul Reaksmey
http://www.cambodiadaily.com/business/rice-exports-rise-by-more-than-170000-tons-49976/

Cambodian deputy PM leads delegation to China for bilateral meeting

Cambodian Deputy Prime Minister and Foreign Minister Hor Namhong will lead a group of senior officials representing relevant ministries to attend the first meeting of Cambodia-China Intergovernmental Coordination Committee to be held from Jan. 1 to 3 in Beijing. The Cambodian Ministry of Foreign Affairs said ...

People's Daily Online News Staff
http://english.peopledaily.com.cn/90883/8499809.html

Royal Group makes deal during PM’s official visit

A Royal Group subsidiary has signed a deal with two Vietnamese firms to import fertiliser, a senior official with the company said yesterday. Among several deals agreed to during Prime Minister Hun Sen’s trip to Vietnam this weekend, Nitrogen Chemicals and Fertilizer Cambodia Ltd, the subsidiary ...

Chan Muy Hong
http://www.phnompenhpost.com/business/royal-group-makes-deal-during-pm%E2%80%99s-official-visit

Factories Closed Until Safety Guaranteed

The Garment Manufacturers Association of Cambodia (GMAC) on Sunday said all of the country’s 400-plus garment factories will remain closed until the government and striking trade unions can guarantee the safety of the factories and all employees who want to work. The decision, outlined in an ...

Aun Pheap
http://www.cambodiadaily.com/news/factories-closed-until-safety-guaranteed-49749/

Cambodian PM encourages local businesses to invest in his country

PM Hun Sen made the statement at a meeting with Vietnamese investors in Ha Noi yesterday, which also included Viet Nam’s Deputy PM Nguyen Xuan Phuc and Cambodian Deputy PM cum Minister of Foreign Affairs and International Cooperation Hor Nam Hong. Hun Sen praised Vietnamese businesses, ...

Saigon GP Daily
http://www.saigon-gpdaily.com.vn/National/2013/12/107495/

EU clarifies rice comments

While the European Union Trade Commissioner Karel De Gucht never told the Ministry of Commerce that Cambodian rice was “30 per cent” mixed with the same product from Vietnam, he did say Cambodia had to better ensure that its harvest was homegrown and not from ...

Eddie Morton and May Kunmakara
http://www.phnompenhpost.com/business/eu-clarifies-rice-comments

Cambodia Rejects Rice Contamination Claims by EU

The Cambodian government and rice exporters have dismissed allegations that rice exports to the European Union (EU) countries are contaminated with rice from Vietnam. Commerce Ministry representative told local sources that while it is true that some Cambodia rice is processed in Vietnam to match ...

Oryza News Staff
http://oryza.com/news/cambodia-rejects-rice-contamination-claims-eu

Cambodia sees 22 pct rise in garment export in 11 months

Garment industry, Cambodia’s largest foreign currency earner, reported a 22 percent surge in exports in the first 11 months of 2013, according to figures from the Ministry of Commerce on Thursday. The Southeast Asian nation exported apparel products in equivalent to 5.07 billion U.S. dollars during ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-12/19/c_132981486.htm

Cambodian, Chinese firms ink deals to jointly invest in agriculture

Two Cambodian companies on Monday signed Memorandums of Understanding (MoU) with Chinese companies to invest in the agricultural sector. One deal was inked between Chan Sothea, general director of Cambodia’s Century Rice Group, and Ivan, managing director of Shengen Yonglongxin Industrial Company. Under the agreement, the two ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-12/16/c_132972733.htm

Cambodia's Rice Exports Up 94 Per Cent In 11 Months

Cambodia exported 332,000 tonnes of rice in the first 11 months of the year, up 94 per cent year-on-year. The country exported rice to 63 countries and territories with Poland, France, Malaysia, Thailand, the Netherlands and China as its main importers, Vietnam News Agency (VNA) reports ...

Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=1000563

Illicit Trade Linked to $130M In Losses

A report released by a U.S. financial research firm today says that Cambodia lost an average of $133 million per year between 2002 and 2011 through crimes such as import and export tax evasion, illegal movements of money and smuggling. The report, released by Global Financial ...

Alex Willemyns
http://www.cambodiadaily.com/business/illicit-trade-linked-to-130m-in-losses-49163/

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