Economy and commerce
Trade
US remains the biggest market for exporters
The US remained the biggest market for Cambodia’s export products in 2021 despite the Covid-19 pandemic. Cambodia’s eight-month exports to the US increased sharply although some products were made without the Generalised System of Preference (GSP), which means tariffs would have been paid. ...
Chea Vanyuth
https://www.khmertimeskh.com/50952218/us-remains-the-biggest-market-for-exporters/
Study set to pinpoint trade flow bottlenecks at ports
The results of a crucial ongoing study will enable Cambodia to set out a framework of strategies to enhance the efficiency of the trade facilitation environment and the Kingdom’s competitiveness on the international stage, according to General Department of Customs and Excise (GDCE) director-general Kun ...
Hin Pisei
https://www.phnompenhpost.com/business/study-set-pinpoint-trade-flow-bottlenecks-ports
Bilateral trade with US soars 28.5% in first eight months
Bilateral trade between Cambodia and the US in the first eight months of 2021 totalled $5.4994 billion, surging by 28.47 per cent versus $4.2805 billion in the same period of last year, according to the US Census Bureau (USCB). ...
Hin Pisei
https://www.phnompenhpost.com/business/bilateral-trade-us-soars-285-first-eight-months
Non-gold trade up near 24%, tops $25B
Cambodia’s non-gold exports reached $11.010 billion in the first eight months of this year, surging by 20.4 per cent year-on-year, while the analogous imports amounted to $14.6 billion, marking a 26.7 per cent year-on-year jump, the Ministry of Economy and Finance reported. ...
Hin Pisei
https://www.phnompenhpost.com/business/non-gold-trade-near-24-tops-25b
Total trade volume in the first eight months of this year remains positive
Cambodia’s total trade volume in the first eight months this year remains positive despite the global economic fallout from the Covid-19 pandemic. ...
Chea Vanyuth
https://www.khmertimeskh.com/50949168/total-trade-volume-in-the-first-eight-months-of-this-year-remains-positive/
Milled-rice exports surge 43% in Jul-Sept
Cambodia exported 130,248 tonnes of milled rice in July-September valued at more than $81 million, representing a 42.95-per-cent rise in volume from the 91,115 tonnes posted in the same period last year, the Cambodia Rice Federation (CRF) reported earlier this week. ...
Hin Pisei
https://www.phnompenhpost.com/business/milled-rice-exports-surge-43-jul-sept
Cambodia-U.S. bilateral trade grew despite COVID-19 crisis, achieving $4billion in 1st seven months
Bilateral trade between Cambodia and the U.S. continue to grow even though the COVID-19 crisis has been affecting trade and lifestyle of countries around the world. ...
Khmer Times Staff
https://www.khmertimeskh.com/50946046/cambodia-u-s-bilateral-trade-grew-despite-covid-19-crisis-achieving-4billion-in-1st-seven-months/
Agricultural exports up 46 percent in first nine months
Some 3,894,485 tonnes of agricultural products, besides milled rice and paddy rice, have been exported to foreign markets during the first nine months of this year, despite the global COVID-19 crisis. ...
Khmer Times Staff
https://www.khmertimeskh.com/50945748/agricultural-exports-up-46-percent-in-first-nine-months/
Exports of rubber latex, wood rake in over $326M in Jan-Aug
Cambodia generated more than $326 million from the export of rubber latex and wood in the first eight months of this year, according to the Ministry of Agriculture, Forestry and Fisheries’ General Directorate of Rubber. ...
Thou Vireak
https://www.phnompenhpost.com/business/exports-rubber-latex-wood-rake-over-326m-jan-aug
Vietnam’s exports to Cambodia up 16.7 percent in eight months
Vietnam earned $3.15 billion from exporting goods to Cambodia in the first eight months of 2021, up 16.7 percent year-on-year. ...
Khmer Times Staff
https://www.khmertimeskh.com/50942886/vietnams-exports-to-cambodia-up-16-7-percent-in-eight-months/
Cambodia-Thailand eight month trade inches up
The bilateral trade between Cambodia and Thailand was valued at $5,238 million in the first eight months of this year, inching up 3.14 percent compared with the same period last year. ...
Chea Vanyuth
https://www.khmertimeskh.com/50943079/cambodia-thailand-eight-month-trade-inches-up/
Settling disputes in securities sector with the SERC mediation mechanism
The SERC – established under the Preah Reach Kram No. NS/RKM/1007/028 on October 19, 2007 that promulgates the Law on the Issuance and Trading of Non-Government Securities – is the sole authority that controls and supervises the securities sector. ...
Post Staff
https://www.phnompenhpost.com/business/settling-disputes-securities-sector-serc-mediation-mechanism
Makro stocks K Kong mussels
Koh Kong blue mussels are now available at Makro Supermarket in western Phnom Penh’s Sen Sok district, after a deal was struck with local communities in an effort to boost incomes and support the conservation of mangroves, according to a senior Ministry of Environment official. ...
Thou Vireak
https://www.phnompenhpost.com/business/makro-stocks-k-kong-mussels
Cambodia-South Korea trade reaches $635 million
The bilateral trade between Cambodia and South Korea surged 11.33 percent to $635.5 million during the first eight months of this year, as the two countries set to sign their free trade pact next month. ...
Chea Vanyuth
https://www.khmertimeskh.com/50942123/cambodia-south-korea-trade-reaches-635-million/
Ministry onboards Cambodia Post to e-marketplace
The Ministry of Commerce plans to integrate state-owned Cambodia Post’s transportation system into CambodiaTrade.com, looking to make the distribution and delivery process easier, faster and safer for small- and medium-sized enterprises (SME) and consumers that buy merchandise on the e-marketplace. ...
May Kunmakara
https://www.phnompenhpost.com/business/ministry-onboards-cambodia-post-e-marketplace
Spice community ready to enter into Mena region
The Cambodia Pepper and Spices Federation (CPSF), in collaboration with USAID-funded Feed the Future Cambodia Harvest II project (Harvest II), on September 20 virtually launched the “Export Mission to the Middle East and North Africa” programme. ...
Hin Pisei
https://www.phnompenhpost.com/business/spice-community-ready-enter-mena-region
Senate approves draft laws on RCEP, bilateral FTA with China
The senate on September 20 unanimously passed (38-0) two draft laws authorising the ratification of the Regional Comprehensive Economic Partnership (RCEP) agreement and the bilateral Cambodia-China Free Trade Agreement (CCFTA). ...
Thou Vireak
https://www.phnompenhpost.com/business/senate-approves-draft-laws-rcep-bilateral-fta-china
USAID-funded online export platform boosts Cambodian exports to MENA markets
The Cambodia Pepper and Spices Federation (CPSF) in collaboration with USAID-funded Feed the Future Cambodia Harvest II “Harvest II” launched on Monday the “Virtual Export Mission to the Middle East and North Africa”, a new digital export programme aiming to provide significant assistance and expertise ...
Khmer Times Staff
https://www.khmertimeskh.com/50939326/usaid-funded-online-export-platform-boosts-cambodian-exports-to-mena-markets/
Korea FTA planned to be signed in October
Minister of Commerce Pan Sorasak plans to lead a delegation to South Korea next month to sign the Cambodia-Korea Free Trade Agreement (CKFTA), if the Covid-19 situation permits, according to a senior official. ...
May Kunmakara
https://www.phnompenhpost.com/business/korea-fta-planned-be-signed-october
Garment exports net $5 billion in eight months
The value of exports of garment and accessories from Cambodia rose by 3.3 percent to $5.021 billion in the first eight months of this year, compared with 4.861 billion during the corresponding period last year, according to the statistics from the Ministry of Commerce. ...
Chea Vanyuth
https://www.khmertimeskh.com/50937900/garment-exports-net-5-billion-in-eight-months/
Garment, footwear, travel goods exports $7B
Cambodia sold more than $6.8186 billion worth of garments, footwear and travel products on international markets in the first eight months of 2021, according to the Ministry of Commerce. ...
Thou Vireak
https://www.phnompenhpost.com/business/garment-footwear-travel-goods-exports-7b
Kingdom, China make inroads on agriculture export controls
Negotiations on sanitary and phytosanitary (SPS) commitments for a number of potential Cambodian agricultural exports to China have made remarkable progress at a brisk pace, according to the Kingdom’s top agriculture official on September 13. ...
Thou Vireak
https://www.phnompenhpost.com/business/kingdom-china-make-inroads-agriculture-export-controls
Vietnam to impose zero percent tax on 31 commodities imported from Cambodia
Vietnam will impose a zero percent tax rate on 31 commodities imported from Cambodia such as live poultry, poultry meat and by-products, lemons and rice. ...
Khmer Times Staff
https://www.khmertimeskh.com/50935115/vietnam-to-impose-zero-percent-tax-on-31-commodities-imported-from-cambodia/
Cambodia boosting agricultural product exports to China
The sanitary and phytosanitary standard on potential agricultural products are being negotiated to boost more exports from Cambodia to China. ...
Khmer Times Staff
https://www.khmertimeskh.com/50934440/cambodia-boosting-agricultural-product-exports-to-china/