Trade

A Ministry of Commerce report released on Wednesday said Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) countries rose to $14.17 billion in the first five months of 2024, up 14.2 percent from $12.4 billion over the same period last year. ...

Cambodia and Turkey have agreed to increase bilateral trade with an annual target of $1 billion and also moved ahead with plans to operate direct flights between Phnom Penh and Istanbul. ...

Cambodia has invited Chinese investors to look into the opportunities unfolding in the electric vehicle (EV) sector in the country. ...

The Ministry of Commerce (MoC) yesterday inked an agreement with Pakistan to establish a joint committee aimed at elevating trade cooperation. ...

In an effort to ensure customs and excise officials are updated on the latest in payments, the National School of Customs, General Department of Customs and Excise of Cambodia (GDCE), on Monday organized a workshop. ...

Cham Nimul, Minister of Commerce, on May 27, presided over the opening ceremony of the seminar on “Beyond Borders: Bringing Cambodian Products to Global Markets through Alibaba.com, ”which was attended by leaders of the Ministry of Commerce, representatives of the Ministry of Posts and Telecommunications, ...

Cambodia has asked Vietnam to increase their bilateral trade volume to $20 billion shortly. ...

China is ready to encourage more companies to expand investment in the Kingdom, boosting the economic corridors, accelerating the industrialisation process and strengthening cooperation in railways, roads, energy and agriculture. ...

Cambodia and the United States have reaffirmed their commitment to bolster cooperation in trade and investment. ...

Cambodia and South Korea will have ‘Regular Consultation Sessions’ aimed at boosting trade and investment cooperation between the two countries. ...

Prime Minister Hun Manet and Yoon Suk Yeol, President of the Republic of Korea yesterday witnessed the signing of four Memoranda of Understanding (MoUs) and two other agreements aimed at expanding multifaceted cooperation in financial development, investment flow, intellectual property, drug management, vocational training and ...

Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) countries rose by 13.98 percent to $11.19 billion, a report from the Ministry of Commerce said. ...

The Cambodia Pepper and Spices Federation (CPSF) has sought ways to promote Cambodia’s peppercorn in the Malaysian market, stressing that this ASEAN nation has potential for organic pepper. ...

The Government of Cambodia and the Republic of Korea (ROK) signed a Memorandum of Understanding (MoU) on six documents on the morning of May 16, under the chairmanship of Cambodian Prime Minister Hun Manet and South Korean President Yoon Suk Yeol. ...

Cambodia exported garment, footwear, and travel products (GFT) worth $3,763 million in the first four months of 2024, up 17 percent from the $3,211 million reported a year earlier, according to a report released by the Ministry of Commerce on Wednesday. ...

Cambodia earned over $3.36 billion from exports to members of the Regional Comprehensive Economic Partnership (RCEP) in the first four months this year, up 16.2 percent from $2.89 billion recorded in the same period in 2023. ...

Prime Minister Hun Manet recently urged investors from the United Arab Emirates (UAE) to invest in Cambodia’s priority sectors such as tourism, agriculture, technology and clean energy infrastructures that can generate jobs in the country. ...

The Ministry of Commerce has been training youngsters so that they are aware of Cambodia’s trade regulations and guidelines, governing the country’s trade and export-oriented markets. ...

Cambodia generated revenue of $870 million from both rice and paddy exports of which 80 percent of the revenue was generated from paddy export while only 20 percent came from rice, a sum of 2.64 million tonnes in the first four months this year. ...

The state-owned Credit Guarantee Corporation of Cambodia (CGCC), Cambodia Rice Federation (CRF) and participating financial institutions (PFIs) signed an agreement on the $30 million Rice Export Guarantee Scheme (REGS) to help millers stockpile rice for milling, processing, exporting and making local value-added products. ...

“Cambodia International Trade Fair 2024” has gathered over 2,500 international business operators from 16 countries to explore investment opportunities in the Kingdom. ...

Cambodia exported $2.35 billion worth of agricultural products in the first four months of this year, said a report from the Ministry of Agriculture, Forestry and Fisheries. ...

Cambodia and Japan will strengthen economic ties in a bid to boost trade and investments. ...

Cambodia is staring at an acute skills shortage in the electric vehicle sector even as it is getting ready to release the ‘National Policy on the Development of Electric Vehicles (EVs) 2024-2030’ soon. ...