Economy and commerce
Trade
ASEAN Plus Three countries boost trade, investment ties
Ten member states of Southeast Asian Nations (ASEAN), Japan, China, and Korea have boosted cooperation in trade and investment by taking advantage of the existing free trade agreements. ...
Chea Vanyuth
https://www.khmertimeskh.com/501184060/asean-plus-three-countries-boost-trade-investment-ties/
China’s slow economy puts a strain on Cambodian exports
Cambodia’s export volume to China has been slipping since May, but economists feel it might not waylay Cambodia’s economic growth much ...
Sangeetha Amarthalingam
https://kiripost.com/stories/chinas-slow-economy-puts-a-strain-on-cambodian-exports
Cambodia’s export to RCEP member countries up 6%
Cambodia exported a total of $4,703 million worth of goods to the Regional Comprehensive Economic Partnership (RCEP) member countries in the first nine months of this year, an increase of six percent when compared with the same period last year. ...
Chea Vanyuth
https://www.khmertimeskh.com/501179416/cambodias-export-to-rcep-member-countries-up-6/
RCEP to boost trade by $40B
Regional Comprehensive Economic Partnership (RCEP) will boost trade volume by around $40 billion and increase real income by up to 2.5 percent, according to Prime Minister Hun Sen. ...
Mao Sreypich
https://kiripost.com/stories/cambodia-hun-sen-rcep-to-boost-trade
Cambodia, South Korea trade up 14 percent
The bilateral trade between Cambodia and South Korea reached $818 million in the first nine months of this year, up 13.8 percent compared with the same period last year, according to a report of the Korea International Trade Association (KITA) issued this week. ...
Chea Vanyuth
http://khmertimeskh.com/501175675/cambodia-south-korea-trade-up-14-percent/
Cambodia-UAE bilateral trade rises by 40 percent in first eight months
The two-way trade between Cambodia and the United Arab Emirates (UAE) reached almost $280 million in the first eight months of this year, up over 40 percent compared to same period in 2021. ...
Khmer Times Staff
https://www.khmertimeskh.com/501175854/cambodia-uae-bilateral-trade-rises-by-40-percent-in-first-eight-months/
Cambodia starts exporting longans to China
Cambodia has officially started exporting longan to China, after waiting for approval since August. ...
Meas Molika
https://kiripost.com/stories/cambodia-starts-exporting-longans-to-china
Fleets of sand barges cross border as exports quietly restarted
Just a few years after U.N. trade data showed evidence of a massive discrepancy in sand exports to Singapore, the Cambodian government has quietly resumed selling the commodity overseas. ...
Andrew Haffner
https://vodenglish.news/fleets-of-sand-barges-cross-border-as-exports-quietly-restarted/
GDI helps Cambodian infrastructure, promotes trade links among countries
The China-proposed Global Development Initiative will create a platform for joint growth and see more benefits go to Cambodia due to its cooperation with China to build a community with a shared future, officials and business leaders said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501175134/gdi-helps-cambodian-infrastructure-promotes-trade-links-among-countries/
Salt imports hit 15K tonnes as stocks dwindle after low yields
About 15,000 tonnes of natural salt imported from India are now in stock to meet local demand, after adverse weather conditions dragged down domestic salt production this year to under 40,000 tonnes, roughly 30,000-60,000 tonnes fewer than estimates for annual nationwide consumption, according to industry ...
Hin Pisei
https://www.phnompenhpost.com/business/salt-imports-hit-15k-tonnes-stocks-dwindle-after-low-yields
Deal signed to stimulate rice exports to Mongolia
A rice mill has signed a Memorandum of Understanding (MoU) with a Mongolian business council that aims to see Cambodia export rice to the landlocked country in the near future. ...
Prak Chan Thul
https://kiripost.com/stories/deal-signed-to-stimulate-rice-exports-to-mongolia
FTA benefits debated at nat’l forum
More than 50 government, civil society organizations (CSOs), unions and private sector officials met at an October 20 forum to discuss the benefits and challenges in the agricultural sector related to free trade agreements (FTA). ...
Long Kimmarita
https://www.phnompenhpost.com/national/fta-benefits-debated-natl-forum
SSEZ imports, exports pass $1.9B in Jan-Sep amid investment rise
Growth momentum in foreign inbound investment and orders have driven up the value of imports and exports handled at the Sihanoukville Special Economic Zone (SSEZ) in the first three quarters of this year, reported at $1.904 billion, up 21.27 per cent from the $1.57 billion ...
Hin Pisei
https://www.phnompenhpost.com/business/ssez-imports-exports-pass-19b-jan-sep-amid-investment-rise
Cambodia sees nearly $700 million in profits from bicycle exports in nine months
From January to September 2022, Cambodia earned nearly $700 million from bicycle exports, as the sector continues to grow. ...
Khmer Times Staff
https://www.khmertimeskh.com/501168715/cambodia-sees-nearly-700-million-in-profits-from-bicycle-exports-in-nine-months/
Cambodia earns $7 billion from goods export to US
Cambodia exported $7 billion worth of goods to the US market in the first nine months of this year, a year-on-year increase of 29.4 percent, according to a report of the General Department of Customs and Excise (GDCE) report this week. ...
Chea Vanyuth
https://www.khmertimeskh.com/1168743/cambodia-earns-7-billion-from-goods-export-to-us/
Cambodia garment exports rise 24% to $10.25 billion
Cambodia earned $10.25 billion from exports of garment products – clothes, footwear, and travel goods – during the January-September period of this year, a year-on-year increase of 24 percent, according to a report from the General Department of Customs and Excise yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501168112/cambodia-garment-exports-rise-24-to-10-25-billion/
Inflation nears 8 percent, riel depreciates, trade deficit narrows in June
Cambodia’s inflation has risen to 7.85 percent in June 2022 compared on a year-on-year basis to 7.17 percent the previous month, which was the highest in the last decade, while the value of Riel has fallen 0.07 percent to 4,091 riel per US dollar and ...
Kang Sothear
https://www.khmertimeskh.com/501166675/inflation-nears-8-percent-riel-depreciates-trade-deficit-narrows-in-june/
2027 extension for ‘Better Factories’ inspection regime
The government and the US-based International Labour Organisation (ILO) have agreed to continue their cooperation and renew their MOU that will extend the “Better Factories Cambodia” (BFC) 2023-2027 programme. ...
Lay Samean
https://www.phnompenhpost.com/national/2027-extension-better-factories-inspection-regime
Cambodia imports oil, gas products worth $2.84 billion in first 9 months
Cambodia imported oil and gas products worth $2.84 billion in the first nine months of 2022, up 66 percent from $1.71 billion in the same period last year, according to a report from the General Department of Customs and Excise on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501166331/cambodia-imports-oil-gas-products-worth-2-84-billion-in-first-9-months/
Cambodia’s trade reach $41 billion, increase of 18 percent in first 9 months
Cambodia’s foreign trade volume reached $41 billion in the first nine months of 2022, up 18 percent from $34.76 billion in the same period last year, an official report showed on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501166339/cambodias-trade-reach-41-billion-increase-of-18-percent-in-first-9-months/
Cambodia, Cuba ink agreements on culture, sports as PMs explore prospects for co-op
Cambodia and Cuba on October 4 signed two memoranda of understanding (MoU): one on a cultural exchange programme and the other on cooperation in physical education, culture and sports. ...
Jan-Aug iron, steel imports up 20% on-year
Cambodia imported $244.754 million worth of “iron and steel” in the first eight months of 2022, up 19.97 per cent from the $204.018 million recorded over the same time in 2021, according to Customs. ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-aug-iron-steel-imports-20-year
Kingdom, Vietnam hail rise in bilateral trade despite Covid-19 pandemic
Cambodia and Vietnam have welcomed the rise in bilateral trade despite the Covid-19 pandemic and stressed their commitment to increase trade cooperation further. ...
Chea Vanyuth
https://www.khmertimeskh.com/501161999/kingdom-vietnam-hail-rise-in-bilateral-trade-despite-covid-19-pandemic/
Cambodia, UK to strengthen bilateral trade ties
Good diplomatic cooperation had led to a significant increase in trade between the two countries. Cambodian exports to the UK increased 42 percent to over $627 million. ...
Sok Sithika
https://www.khmertimeskh.com/501159802/cambodia-uk-to-strengthen-bilateral-trade-ties/