Trade

Trade policy and regulation

Corners cut in crowded ISP war

A Google search for Cambodian Internet service providers (ISPs) turns up a dizzying number of results, some advertising monthly rates as low as $18 for 4 Mb/s. ...

Jonathan Cox and Igor Kossov
http://www.khmertimeskh.com/news/14734/corners-cut-in-crowded-isp-war/

Strong dollar not helpful for cambodia

The strong dollar might cause pain to Cambodia’s economy by reducing margins and purchasing power for both importers and exporters. ...

Igor Kossov
http://www.khmertimeskh.com/news/14511/strong-dollar-not-helpful-for-cambodia/

Cambodia’s int’l trade value up 9 percent

The value of Cambodia’s international trade increased by about 9 percent in the first six months of this year compared with the same period last year, according to the latest data from the Commerce Ministry. ...

Kang Sothear
https://www.cambodiadaily.com/business/cambodias-intl-trade-value-up-9-percent-91908/

China rice deal gets more urgent

Cambodia’s need to secure China as a rice export destination is becoming increasingly urgent, with China’s multiple pending agreements with other countries in Southeast and South Asia, said industry insider David Van. ...

Igor Kossov
http://www.khmertimeskh.com/news/14389/china-rice-deal-gets-more-urgent/

Solar tuk-tuks rolling out soon

Star 8 Asia will launch its electric-powered tuk-tuk showroom on August 28, hoping for robust demand from the city’s drivers. ...

Igor Kossov and Va Sonyka
http://www.khmertimeskh.com/news/14288/solar-tuk-tuks-rolling-out-soon/

Commerce minister calls for review of regional trade deal

Commerce Minister Sun Chanthol on Monday asked the World Bank and the European Union to review a trio of new trade agreements with Cambodia’s neighbors to determine what impact the deals would have on the country’s exports. ...

Kang Sothear
https://www.cambodiadaily.com/business/commerce-minister-calls-for-review-of-regional-trade-deal-91378/

Union Law worries garment sector investors from Hong Kong

A visiting delegation from the American Chamber of Commerce in Hong Kong, which handles tens of billions of dollars in regional investment, says it raised concerns about the low threshold for forming unions in a pending new law during meetings with government officials Monday. ...

Zsombor Peter
https://www.cambodiadaily.com/business/union-law-worries-garment-sector-investors-from-hong-kong-91376/

Along the border, trade trumps nationalism

Less than a kilometer from the border with Vietnam in Tbong Khmum Province, Sok Sokha shades herself from the midday sun next to her small store. ...

James Reddick and Ros Chanveasna
http://www.khmertimeskh.com/news/14215/along-the-border--trade-trumps-nationalism/

Businesses foresee challenge from EU-VN trade deal

Industry insiders say that the looming Vietnam-EU free trade agreement, which gives Cambodia’s neighbour duty-free exports to the European market, may not have and immediate impact, but will potentially eat into similar advantages the Kingdom enjoys in the longer-term.​ ...

Ananth Baliga and Ayanna Runcie
http://www.phnompenhpost.com/business/businesses-foresee-challenge-eu-vn-trade-deal

E-commerce surges in Cambodia

As Internet use spreads across Cambodia, e-commerce outlets are mushrooming. Some are online shopping centers like MAIO Mall, which offers a plethora of functions, including lending and booking services. Others, like Shop168, link brick-and-mortar stores with customers via web portal and delivery services. Others, like Mall ...

Un Raksmey and Igor Kossov
http://www.khmertimeskh.com/news/13987/e-commerce-surges-in-cambodia/

US companies eager to reap benefits of ASEAN integration

The rollout of the Asean Economic Community (AEC), beginning on December 31st this year, could propel significant growth for American companies in the Asia-Pacific region, according to experts. ...

Emma Cramer
http://www.voacambodia.com/content/us-companies-eager-to-reap-benefits-of-asean-integration/2887036.html

Credit bureau brings rural lenders into the fold

Five rural credit operators signed an agreement to join the Credit Bureau Cambodia on Thursday as the watchdog and the National Bank of Cambodia ramp up efforts to better monitor the country’s expansive, but largely informal, rural lending industry. ...

Kang Sothear and Tsz-kwan Ho
https://www.cambodiadaily.com/business/credit-bureau-brings-rural-lenders-into-the-fold-90227/

Shipping deals turn the tide for Cambodian economy

New shipping agreements will soon be signed between companies in Cambodia and China that will see the Kingdom’s largest port continue its transformation into a regional hub, port officials say. ...

Jack Laurenson
http://www.khmertimeskh.com/news/13852/shipping-deals-turn-the-tide-for-cambodian-economy/

Kingdom’s Agro exports on slow boat to China

China is the Kingdom’s top rice importer, and is also bringing in Cambodian cassava, rubber, cashews, peppers and a small amount of corn. But experts say efforts to increase export shipments and open Asia’s biggest market to new products will fall short unless Cambodia addresses ...

Igor Kossov
http://www.khmertimeskh.com/news-list/2/business/

Prayut makes his pitch for border investment

Thailand wants more Japanese businesses to expand their investment in Thailand, especially in government-promoted special economic zones (SEZs) that could be used as production bases once the Asean Economic. ​ The prime minister said Thai border trade of 900 billion baht a year could potentially grow ...

Lamonphet Apisitniran
http://www.bangkokpost.com/business/news/615412/

$65 mln loan to expand microfinance

Three Thai banks have joined IFC’s $65 million syndication loan to a Cambodian microfinance institution to boost the access to funding of micro, small, and medium rural and agricultural enterprises, most of which are owned by women.  ...

Va Sonyka
http://www.khmertimeskh.com/news/12730/business-briefs/

ACMECS countries reiterate commitment to supporting ASEAN community building

Leaders of Ayeyawaddy-Chao Phraya Mekong Economic Cooperation Strategy (ACMECS) incorporating Cambodia, Laos, Myanmar, Thailand and Vietnam reiterated their commitment Tuesday to supporting the ASEAN Community building in 2015 and beyond.​​ ...

The Cambodia Herald​ News Staff
http://bit.ly/1BC5Ehy

Thailand pushes for more connectivity ahead of AEC

Thailand has made great strides to adjust its rules and regulations to work seamlessly with the ACMECS member nations and their plan of action, Prime Minister Prayut Chan-o-cha said Tuesday. The success of the Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) grouping was setting the pace for ...

The Cambodia Herald​ News Staff
http://thecambodiaherald.com/world/thailand-pushes-for-more-connectivity-ahead-of-aec-13182

Myanmar hosts summit with Cambodia, Laos and Vietnam

The 7th annual Cambodia-Laos-Vietnam-Myanmar (CLMV) summit took place in Naypyitaw on Monday at the Myanmar International Convention Centre 1. According to a joint statement released at the CLMV summit, the appointees from all participating countries reviewed the progress of projects agreed upon in the previous CLMV ...

The Cambodia Herald​ News Staff
http://thecambodiaherald.com/cambodia/myanmar-hosts-summit-with-cambodia-laos-and-vietnam-8709

Thai business seeks openings in Cambodia

In anticipation of increasingly adverse export conditions, entrepreneurs from six northeastern provinces of Thailand are trying to strengthen ties with their counterparts here. ...

Naomi-Collett Ritz
http://www.khmertimeskh.com/news/12544/thai-business-seeks-openings-in-cambodia/

Cambodia-China trade to top $5 billion by 2017

Bilateral trade between China and Cambodia will be worth more than $5 billion by 2017, up from $3.75 billion last year, according to estimates made public by the Ministry of Commerce on Monday. ...

Tsz-kwan Ho and Kang Sothear
https://www.cambodiadaily.com/business/cambodia-china-trade-to-top-5-billion-by-2017-86222/

Philippines re-invites bids for 100,000 tons of rice import

The National Food Authority (NFA) of the Philippines has re-invited bids for the remaining 100,000 tons from the June 5 tender, BusinessworldOnline quoted Reuters. The NFA has reportedly invited governments of Thailand, Vietnam and Cambodia, with which the Philippines has bilateral agreements, to send their bids ...

Oryza News Staff
http://oryza.com/22917/philippines-re-invites-bids-100000-tons-rice-import

Asia-Pacific negotiators end talks without free trade goal

Negotiators from 16 Asia-Pacific countries ended their eighth round of talks to promote a deal that would free up their trade early Sunday, falling short of setting any ambitious goal of eliminating tariffs. ...

The Mainichi Daily News Staff
http://mainichi.jp/english/english/newsselect/news/20150614p2g00m0bu014000c.html

New draft of trade Union Law adds guilt by association

An updated version of the draft Trade Union Law gives the Labor Ministry the power to suspend unions that “cooperate” or hold joint activities with groups the government deems to have caused economic sabotage or “damaged” the national interest, according to a copy of the ...

Zsombor Peter
https://www.cambodiadaily.com/news/new-draft-of-trade-union-law-ad

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