Trade policy and regulation

Tuk-tuk, motorbike and taxi drivers were among hundreds of workers from Cambodia’s “informal economy” who called on the government yesterday to cap fuel prices at 4,000 riel ($1) per litre, amid claims that the current 5,000 riel price leaves them unable to cover any more ...

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 ...

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 ...

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, ...

Prime Minister Hun Sen on Thursday signed off on nine wide-ranging deals with his Vietnamese counterpart Nguyen Tan Dung during a state visit that ends Saturday, including arrangements to tighten media, public security and trade cooperation, according to Cambodian and Vietnamese state media. Cambodian state news ...

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 ...

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 ...

The Alliance of Rice Producers and Exporters of Cambodia (ARPEC) has proposed a “Code of Conduct” for rice exporters of the country to prevent contamination of rice from other origins in rice exports to EU member countries. Under the Everything But Arms (EBA) trade ...

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 ...

Cambodia’s economy is expected to maintain the robust growth of over 7 percent this year even though the country is still trapped in political dispute and recovering from the aftermath of recent floods, senior officials and bankers said. But some analysts predicted that political trouble, coupled ...

An estimated 30,000 garment factory workers will resume work this morning after three days of strike action ended Wednesday when Svay Rieng provincial officials promised to help the strikers achieve their demands from factory owners. The mass strike led the owner of the Tai Seng Special ...

Prime Minister Hun Sen was scheduled to meet with Japanese counterpart Shinzo Abe in Tokyo on Sunday, a day after Japan and the member states of Asean agreed to ensure “freedom of overflight” in the region. The agreement will likely be taken as an affront by ...

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 ...

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 ...

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 ...

Taxi drivers staged a large protest Wednesday at a customs checkpoint in Poipet City over customs officials’ demands for what the protesters said was an exorbitant tax on a small load of goods. At the checkpoint Wednesday, more than 50 taxi drivers blocked the road for ...

Eighty-four Chinese companies would have their products displayed for the first time in Cambodia’s annual Imports and Exports Exhibition to be held in Phnom Penh on Dec. 15-18, officials said Tuesday. Ouprum Vorak, deputy chief of the Trade Promotions Department at Cambodian Ministry of Commerce, said ...

The Sihanoukville Autonomous Port, Cambodia’s largest shipping facility, on Tuesday reported a 12 percent rise in cargo shipments in the first eleven months of 2013. The state-owned sea port had received 2.73 million tonnes of goods during the January-November period this year, up from 2.43 million ...

Trade between Cambodia and the United States was valued at 2.55 billion U.S. dollars in the first ten months of 2013, up 2 percent from 2.49 billion U.S. dollars over the same period last year, the figures of the U.S. Department of Commerce showed Friday. Cambodia’s ...

An official at the Telecommunication Regulator of Cambodia (TRC) said Wednesday that the body plans to review and possibly lower the current minimum price per call after it recently ordered the country’s seven mobile phone operators to abide by a law that sets minimum call ...

Well-known timber magnate Try Pheap is preparing to expand cross-country with a scheme that already gives him exclusive rights to buy all the wood felled on economic land concessions (ELCs) in Ratanakkiri province, a spokesman for the businessman said. The Agriculture Ministry’s Forestry Administration in February ...

The website of the International Ship Registry of Cambodia (ISROC), a private company based in South Korea that bought the rights from the government to register foreign vessels under the Cambodian national flag for $6 million, is no longer operating. The shutdown means that foreign vessels ...

Customs officers along Cambodia’s border have been instructed to increase their efforts to properly inspect and tax products coming into the country, which has increased the cost of imports and led to a rise in retail prices for a host of goods, government officials, businessmen ...

Cambodia’s cultural Siem Reap province and China’s eastern Jiangxi province have signed a memorandum of understanding (MoU) to strengthen cooperation in a number of fields, according to a copy of the MoU on Saturday. The deal was inked on Friday afternoon between Khim Bunsong, governor of ...