Trade

Trade policy and regulation

Trade fair to cement India-Cambodia ties

In order to further promote trade between India and Cambodia, Phnom Penh will host an Indian trade fair next month, the Commerce Ministry announced. Organized in collaboration between the Indian and Cambodian chambers of commerce, the event is intended to further develop ties between businesses in ...

Chea Vannak
http://www.khmertimeskh.com/news/28743/trade-fair-to-cement-india-cambodia-ties/

Bitter market for local coffee

The Kingdom’s once-promising home-grown coffee industry has been laid low by adverse weather and fierce global competition, with the total area under coffee cultivation cut in half over the last three years as desperate farmers switch to other crops, a senior official at the Ministry ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/bitter-market-local-coffee

Travel-goods makers told act now or risk missing the boat

Just weeks since the United States announced it would grant new trade privileges that allow Cambodian-manufactured travel goods such as luggage and backpacks to enter the US market duty-free under its Generalised System of Preferences (GSP) scheme, a visiting American trade official hinted yesterday that ...

Kali Kotoski
http://www.phnompenhpost.com/business/travel-goods-makers-told-act-now-or-risk-missing-boat

Cambodia, Vietnam to build market on border

The Vietnamese government yesterday agreed in principle to provide a grant of $2 million to Cambodia to build a model market aimed at boosting cross-border trade between the two countries, officials at Cambodia’s Ministry of Commerce said. ...

Hor Kimsay
http://www.phnompenhpost.com/business/cambodia-vietnam-build-market-border

Cambodia eyes more trade with Hong Kong

The Ministry of Commerce received a visiting business delegation led by Bruno Luk, director of the Hong Kong Economic and Trade office in Singapore, Pao Hengdara, the ministry’s chief of cabinet, said yesterday.   ...

Post Staff
http://www.phnompenhpost.com/business/cambodia-eyes-more-trade-hong-kong

Govt approves rice loans

The government has come to the rescue of rice millers and exporters, currently in the throes of a serious financial crisis, with loans of between $20 and $30 million to the Cambodia Rice Federation (CRF). This is to help the sector purchase rice from farmers ...

Sok Chan
http://www.khmertimeskh.com/news/26615/govt-approves-rice-loans/

US ambassador urges investment treaty

Cambodia has been asked to accelerate the final negotiations for a bilateral investment treaty with the United States to pave the way for more American investment in the Kingdom. ...

Sok Chan
http://www.khmertimeskh.com/news/26569/us-ambassador-urges-investment-treaty/

Cambodia-Laos trade

Laos has asked Cambodia to increase trade and investment in its northern neighbor as bilateral trade between the two countries is small and has plenty of room to expand. ...

Chea Vannak
http://www.khmertimeskh.com/news/26568/cambodia-laos-trade/

US supports TPP bid

The United States yesterday threw its support behind Cambodia becoming a member of the US-led Trans-Pacific Partnership (TPP) to promote economic growth, trade and investment in the Asia-Pacific region and the Pacific Rim countries. ...

Chea Vannak
http://www.khmertimeskh.com/news/25980/us-supports-tpp-bid/

One-stop commodity distribution center

Cambodia is seeking a loan from China to set up a common commodity distribution hub for exporters and importers to reduce production and logistics costs and raise the competitiveness of manufactured and agricultural products in the region. ...

Sok Chan
http://www.khmertimeskh.com/news/25666/one-stop-commodity-distribution-center/

PM raises doubts on ASEAN Economic Community

Prime Minister Hun Sen questioned yesterday the extent of the ASEAN Economic Community’s (AEC) commitment towards forming an inclusive economic region as countries continue to compete with each other for agricultural exports and inflows of foreign direct investment. ...

Kali Kotoski
http://www.phnompenhpost.com/business/pm-raises-doubts-asean-economic-community

Timber exports to VN way up

Legal timber exports to Vietnam – the bulk of them rosewood – soared between 2013 and 2015, with the volume of logs exported increasing by a factor of 142 and seven times as much sawn wood passing across the border, according to a report by ...

Jack Davies
http://www.phnompenhpost.com/national/timber-exports-vn-way

Ministry finishes valuing rice exporters

The Ministry of Agriculture, Forestry and Fisheries has finished its evaluation of rice producers and processors that have registered to export milled rice to China, checking to see if they comply with the hygiene laws in China. ...

Chea Vannak
http://www.khmertimeskh.com/news/25397/ministry-finishes-valuing-rice-exporters/

Rice sector predicts a worrying trend

Although data for first four months of this year have shown a slight rise in rice exports, millers and exporters continue to raise concerns on the back of April’s rapid decline. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/rice-sector-predicts-worrying-trend

Ministry sees export market growing

Cambodia’s total agricultural production was down slightly last year while a larger share of this production went to exports, the Ministry of Agriculture said in its annual report, released yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/ministry-sees-export-market-growing

Kingdom to clean up to ASEAN standards

The Kingdom’s first automated measures to apply for sanitary and phytosanitary (SPS) certification of imports and exports will be launched by the end of June in an effort to boost and facilitate communication between Ministry of Agriculture officials and importers and exporters applying for SPS ...

Sok Chan
http://www.khmertimeskh.com/news/24860/kingdom-to-clean-up-to-asean-standards/

Cambodia urged to join TPP

The Cambodian government needs to take stock of its economic place within ASEAN, and globally, to continue its growth trajectory given the anticipated ratification of a major international trade pact expected to erode the competitiveness of the Kingdom’s biggest industrial sector, US Ambassador to Cambodia ...

Kali Kotoski
http://www.phnompenhpost.com/business/cambodia-urged-join-tpp

Cambodia and EU committee talks trade

The 9th session of the Cambodia-EU Joint Committee for bilateral cooperation to ensure the smooth operation and effective implement of trade and economic relations as well as the political development between the Kingdom and the EU is underway, and set to run until tomorrow. ...

Ros Chanveasna
http://www.khmertimeskh.com/news/24492/cambodia-and-eu-committee-talks-trade/

SEZs starting to see the light of solar energy

Despite a precipitous drop in the start-up costs of solar energy, Cambodia’s biggest industrial parks are sticking to high-cost grid and fuel-generated electricity, claiming that when it comes to attracting foreign manufacturers, a stable power supply trumps a cheaper electricity bill. ...

Kali Kotoski
http://www.phnompenhpost.com/business/sezs-starting-see-light-solar-energy

CAIF hopes to put a dent in used auto market

The independent industry body representing Cambodia’s authorised automobile distributors launched a consumer awareness campaign yesterday aimed at informing the public of the risks of purchasing second-hand cars on the local grey market, which it said reduces government tax revenue while flooding the streets with predominately ...

Kali Kotoski
http://www.phnompenhpost.com/business/caif-hopes-put-dent-used-auto-market

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