Trade

Hundreds of leading Chinese companies will come together with hundreds more local companies today at the first Cambodia-China Business Forum and Financial Development Forum in Phnom Penh, aimed at expanding trade and investment between the two countries. ...

Rubber prices on the global commodities market are expected to rise to $2,500 per ton due to the improved state of the world economy and efforts by four major rubber producing countries – Vietnam, Thailand, Indonesia and Malaysia – to cut back supply, according to ...

The Kingdom’s total exports to Japan, one of the world’s largest economies, sharply increased in the first nine months of the year, a result of Cambodia’s effort to diversify export markets and preferential trade treatment from Japan. ...

The United Kingdom’s bilateral trade dealing with Cambodia will remain unchanged in light of ongoing negotiations on the UK’s position within the European Union, a senior British trade official said yesterday. ...

Reduced fees for the loading of containers of milled rice for export, fixed for the next two years, came into effect on Tuesday as part of government efforts to boost the rice sector’s global competitiveness. According to a letter signed by Economy Minister Aun Pornmoniroth, dated ...

Illegal sand dredging has been eradicated from Cambodia, but reforms are still needed, the Ministry of Mines and Energy said on Wednesday, facing mounting blowback over sand export records that differ by tens of millions of cubic meters from those kept by the U.N. ...

Agriculture officials and struggling smallholder tobacco farmers are cautiously hopeful that tariff exemptions granted under a new trade agreement with Vietnam will lift sagging demand for their crops. ...

Cambodia is overcoming “ineffective practices” and should not be held to the standards of developed countries, a Commerce Ministry spokeswoman said on Tuesday amid renewed calls for the government to investigate over $400 million in unrecorded sand exports to Singapore. ...

Over 3 tonnes of contaminated prahok – made of fish illegally imported from Vietnam – were confiscated on Friday by Takeo authorities from some of the same sites that in September had already been warned to stop using smuggled fish.​ ...

Vietnam agreed yesterday to waive all duties on a total of 300,000 tons of rice and 3,000 tons of dried tobacco exported annually from Cambodia to the country, according to a bilateral agreement signed at two back-to-back summits to promote economic cooperation in the Greater ...

Cambodia is close to signing an ambitious agreement with the Indonesian government that would pave the way for the Kingdom’s rice producers to export 1 million tonnes of rice under a new quota scheme, a state official said yesterday. ...

Rubber exports have continued to rise in the first nine months of the year, despite the fall and current stagnation of prices as global demand continues to stall, according to the Ministry of Agriculture, Forestry and Fisheries (MAFF). ...

Ente Nazionale Risi (ENR), Italy’s national rice agency, has raised concern over increased European rice imports from countries such as Cambodia, according to rice industry publication Oryza. ...

Cambodia ranked third-worst for illicit trade out of 17 countries in the Asia-Pacific region in a recently released index by the Economist Intelligence Unit (EIU) that analysed governments’ abilities to combat illegal trade operations.​ ...

Singaporean customs data on sand imports from Cambodia show near identical figures to those recorded by the UN, which last month were dismissed by a top official amid a reporting discrepancy in the hundreds of millions of dollars. ...

Cambodia will establish commercial centres in three major Chinese cities to provide information and support to Chinese traders and investors looking to do business in the Cambodian market, a Commerce Ministry official said yesterday. ...

Kampot pepper sales both locally and internationally have continued to be strong since gaining coveted geographical indication (GI) status from the European Union in February, while domestic pepper competitors have complained of falling prices, industry figures said yesterday. Kampot Pepper Promotion Association president, Nguon Lay, told ...

The minister of commerce, Pan Sorasak, met with officials from the Chinese-based Jilin Provincial Investment Group Co Ltd yesterday to discuss strengthening rice-processing infrastructure in the Kingdom. ...

As part of ongoing efforts to boost exports of Cambodian mangoes, the Mong Rithy Group, an agro-industrial conglomerate that is heavily invested in the mango sector, announced yesterday that it was in negotiations to import drying machinery, which would greatly increase production of dried mango ...

A five-day trade fair for Vietnamese products kicked off on Koh Pich in Phnom Penh yesterday, coming on the heels of recent government figures that show declines in bilateral trade and investment between Cambodia and Vietnam. ...

Chinese President Xi Jinping’s visit to Cambodia next week will likely lead to an increase in agriculture exports to China, Prime Minister Hun Sen said yesterday.​ Speaking at a graduation ceremony for law and economics students in Phnom Penh yesterday morning, Mr. Hun Sen said that ...

The Institute of Standards of Cambodia (ISC) and the United Nations Industrial Development Organization (UNIDO) will team up to boost the export of four seafood products that adhere to international standards. Speaking at a workshop at the Ministry of Industry and Handicraft yesterday, ISC director-general Chan ...

Indonesia would consider buying more rice from Cambodia if the price was more competitive, the Indonesian ambassador to Cambodia told reporters after the Indonesian Trade and Tourism Promotion 2016 expo in Phnom Penh on Friday. Ambassador Pitono Purnomo said that Cambodia and Indonesia signed a ...

A roadshow to Hong Kong this week to pitch Cambodia’s newly received duty-free access on travel goods to the US market was successful, but manufacturers have yet to sign concrete deals to establish new production lines here, a delegate of the returning business mission said. ...