Economy and commerce
Trade
Kingdom’s exports to Japan top $1B
Cambodia exported $1.09 billion worth of goods to Japan in the first seven months of this year, a year-on-year increase of 4.3 percent, the Japan External Trade Organization (JETRO) report showed recently. ...
Chea Vanyuth
https://www.khmertimeskh.com/501355347/kingdoms-exports-to-japan-top-1b/
Indonesia planning increased rice order
Indonesia plans to increase import of rice to 250,000 tonnes a year from Cambodia to preserve its food security, and in turn support the Kingdom’s food security infrastructure by supplying fertiliser and providing training to agriculture workers. ...
May Kunmakara
https://www.postkhmer.com/business/2023-09-06-1010-254229.html
Cambodia-Canada trade falls 25% Jan-July due to global slowdown: GDCE
The effects of the ongoing global political and economic crisis has likely affected bilateral trade between Cambodia and Canada, as reflected by a 24.7 per cent year-on-year fall in trade value at $535 million in the first seven months of 2023, versus $711.1 million last ...
Hin Pisei
https://phnompenhpost.com/business/cambodia-canada-trade-falls-25-jan-july-due-global-slowdown-gdce
Indonesia to import 250,000 tons of rice from Cambodia
Indonesia has received a nod from the Cambodian government for the supply of 250,000 tons of rice a year, President Joko Widodo said on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501354908/indonesia-to-import-250000-tons-of-rice-from-cambodia/
Japan policy dialogue set for November
Following a hiatus due to the Covid-19 pandemic, Cambodia and Japan are expected to hold their 14th policy consultation meeting in November, according to the Council for the Development of Cambodia (CDC). ...
Hin Pisei
https://www.phnompenhpost.com/business/japan-policy-dialogue-set-november
Three women entrepreneurs from Mysuru. India participate in Cambodia meet
A high-profile women entrepreneur delegation from India completed a fruitful visit to Cambodia recently. The group comprised 55 women entrepreneurs (25 from Karnataka) from organisations such as Ubuntu Consortium, Federation of Karnataka Chambers of Commerce & Industry (FKCCI), WISE (Women’s Wing of Mysore Chamber of ...
Khmer Times Staff
https://www.khmertimeskh.com/501354124/three-women-entrepreneurs-from-mysuru-india-participate-in-cambodia-meet/
Cambodia rubber exports revenue at $228.5 M
Cambodia earned revenue of $228.5 million in rubber exports in the first seven months of this year, according to a report from the General Directorate of Rubber. ...
Adur Pradeep
https://www.khmertimeskh.com/501352545/cambodia-rubber-exports-revenue-at-228-5-m/
Indian export limits open doors for Kingdom’s farmers
The Cambodia Rice Federation (CRF) has noted that restrictions on exports of various types of rice, including broken and white rice, as well as wheat and sugar from India, a leading global rice exporter, offer a potential opportunity for Cambodia. ...
Van Socheata
https://www.phnompenhpost.com/business/indian-export-limits-open-doors-kingdoms-farmers
Timor-Leste push rice MoU
Timor-Leste vows to expedite the Memorandum of Understanding which was signed with Cambodia on milled rice trade last year with the aim of boosting economic and trade relations between the two countries. ...
May Kunmakara
https://www.phnompenhpost.com/business/timor-leste-push-rice-mou
UK Exports decline 15% Jan-July as orders drop
Bilateral trade between Cambodia and the UK in the first seven months of 2023 fell 14.6 per cent year-on-year to $496.3 million from $581.4 million, with nearly 90 per cent of the value consisting of exports from Cambodia, according to the General Department of Customs ...
Hin Pisei
https://www.phnompenhpost.com/business/uk-exports-decline-15-jan-july-orders-drop
Cambodia-United States trade reaches $5.3 billion in H1
The bilateral trade between Cambodia and the US amounted to $5.3 billion in the first half of this year, a decrease of 14 percent from $6.2 billion for the same period last year, according to a report from the US Census Bureau yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501350472/cambodia-united-states-trade-reaches-5-3-billion-in-h1/
Korean premium beef, Hanwoo, finds a new market in Cambodia
South Korea has successfully exported its premium beef, Hanwoo, to Cambodia for the first time, marking a significant milestone in eight years of quarantine negotiations. ...
Adur Pradeep
https://www.khmertimeskh.com/501351063/korean-premium-beef-hanwoo-finds-a-new-market-in-cambodia/
Cambodia-China trade likely to touch $15 billion by 2025
The bilateral trade between Cambodia and China is expected to reach $15 billion by 2025, a top official said. The trade figure between both nations touched $11 billion in 2022. ...
Adur Pradeep
https://www.khmertimeskh.com/501351943/cambodia-china-trade-likely-to-touch-15-billion-by-2025/
Cambodia’s exports to India rise by 43%
Cambodia’s exports to India reached $140.93 million in the first seven months of this year, registering an increase of 42.8 percent compared to the same period last year. ...
Manoj Mathew
https://www.khmertimeskh.com/501348223/cambodias-exports-to-india-rise-by-43/
Demand for organic rice in Preah Vihear continues
Two companies, Amru Rice (Cambodia) and Golden Rice Cambodia, renewed their contracts on Aug. 24 to buy organic rice from the farming community in Preah Vihear province. ...
Khmer Times Staff
https://www.khmertimeskh.com/501349302/demand-for-organic-rice-in-preah-vihear-continues/
Land sales spur revenue increase for PPSP in Q2
Public-listed Royal Group Phnom Penh Special Economic Zone (PPSP) reported a significant growth in business performance in the second quarter of 2023 amid regional and global economic uncertainties. ...
May Kunmakara
https://www.phnompenhpost.com/business/land-sales-spur-revenue-increase-ppsp-q2
Cambodia-HK expo tipped to increase trade
Bilateral trade between Cambodia and China is expected to grow with the interest shown by traders and investors during the Cambodia-Hong Kong exhibition in Phnom Penh, which featured over 40 companies. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-hk-expo-tipped-increase-trade
South Korean exports jump 20%
Cambodia netted $164.7 million from exports to South Korea in the first seven months of 2023, an increase of 21.6 per cent compared to $135.5 million in the same period in 2022, according to the General Department of Customs and Excise of Cambodia (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/south-korean-exports-jump-20
Double taxation agreement with UAE ‘nearly complete’
Cambodia and the United Arab Emirates (UAE) are expected to sign a Double Taxation Agreement (DTA) soon seeing that negotiations on the content are 96 per cent complete, the General Department of Taxation (GDT) stated. ...
Hin Pisei
https://www.phnompenhpost.com/business/double-taxation-agreement-uae-nearly-complete
US Department of Commerce issues final determination on Circumvention of Solar Cells and Modules from Cambodia
On August 18, 2023, the Department of Commerce (“Commerce”) announced its final determination that certain solar cells and modules exported from Cambodia, Malaysia, Thailand, and Vietnam are circumventing the antidumping (“AD”) and countervailing (“CVD”) orders on imports from China after conducting its investigation for over ...
Khmer Times Staff
https://www.khmertimeskh.com/501348478/us-department-of-commerce-issues-final-determination-on-circumvention-of-solar-cells-and-modules-from-cambodia/
Credai women entrepreneurs to visit Cambodia for fostering collaborations
Eight women entrepreneurs from Confederation of Real Estate Developers Association of India (Credai), Chennai, will be part of a women’s delegation to Cambodia to foster collaborations with various business bodies. ...
Khmer Times Staff
https://www.khmertimeskh.com/501347769/credai-women-entrepreneurs-to-visit-cambodia-for-fostering-collaborations/
Cambodia’s exports $4.6B to RCEP markets in first 7 months
Cambodia has exported goods worth $4.59 billion to member countries of the Regional Comprehensive Economic Partnership (RCEP) in the first seven months of 2023, a 21 percent increase compared to the same period of the previous year, said a statement by the Ministry of Commerce ...
Kang Sothear
https://www.khmertimeskh.com/501346750/cambodias-exports-4-6b-to-rcep-markets-in-first-7-months/
Cambodia auto tire exports at $125 million in H1
Cambodia earned around $125 million from automotive tire exports in the first half of this year, according to a report from the Council for Development of Cambodia (CDC) report. ...
Chea Vanyuth
https://www.khmertimeskh.com/501346714/cambodia-auto-tire-exports-at-125-million-in-h1/
ASEAN-India trade up 23.4% at $113 billion in 2022
The two-way trade between ASEAN and India reached $113 billion in 2022, a year-on-year increase of 23.4 per cent, according to the preliminary ASEAN statistics. ...
Khmer Times Staff
https://www.khmertimeskh.com/501346715/asean-india-trade-up-23-4-at-113-billion-in-2022/