Trade

Products from neighboring Thailand are still considered the best for many Cambodian consumers, and this is an incentive for Thai companies to set up branches in the country – taking advantage of the positive investment climate prevailing in the kingdom. ...

The Agriculture, Forestry and Fisheries Ministry will reinstate sanitary and phytosanitary (SPS) inspections on imported goods close to 10 years after having made the commitment to the World Trade Organization (WTO). ...

Cambodians spent over $100 million on imported meat last year, further widening the gap of domestic supply as local producers failed to capture the lucrative protein market, a government official said yesterday. ...

US investments in Cambodia increased 15-fold last year, due mainly to the construction of a new Coca-Cola plant in the Phnom Penh Special Economic Zone, according to a statement from the Council for the Development of Cambodia (CDC). ...

The Kingdom’s two main ports reported markedly slower growth in container traffic last year due to a fall in import traffic, although exports of garments and agricultural products continued to rise, according to newly released port data. ...

Vietnam is seeking to reverse their decline in trade with Cambodia and Laos, jump-starting plans yesterday to build 116 warehouses near border gates they share with their neighbors.According to a Vietnamese online news outlet, Vietnam’s Industry and Trade Ministry agreed to the plan to build ...

Cambodia is aiming to diversify its exports after signing an agreement with the Eurasian Economic Commission (EEC) yesterday following the first session of a joint working group seeking to expand trade cooperation between the two sides. “Moreover, Cambodia wants to increase the trade volume and ...

The Ministry of Agriculture, Forestry and Fisheries is pushing mango farmers to increase their knowledge of growing the fruit before exporting to South Korea in an effort to boost production.Hean Vanhorn, deputy director general at the ministry, said at a workshop in Kampong Speu province ...

Bangladesh is rushing to push forward a draft proposal to form a joint trade commission with Cambodia that is expected to be signed this year, an official from Cambodia’s Commerce Ministry said yesterday. Trade between the two developing nations has been minimal, amounting to just ...

Cambodia’s total exports to the United States declined last year compared with 2015, due to uncertainties in the US presidential race and rising exports from Vietnam and new market player Myanmar. ...

The price per kilogram of cassava exports from Cambodia has fallen this year due to plunging market prices and a lack of processing centers in the country. The price of dried cassava in northeastern Rattanakiri province is down to 410 riel (about $0.10) per kilogram and ...

The Ministry of Agriculture is calling on rice millers to apply for a second round of quality checks for exports to China after only 28 local rice mills, out of 60 which applied for inspection in the first round, passed last year. ...

Cambodia is set to host a meeting in Siem Reap to help coordinate the trade interests of 48 least-developed countries (LDCs), said the Minister of Commerce Pan Sorasak on Thursday.“The members of the World Trade Organization (WTO) were confident in us and chose Cambodia, at ...

Sand exports will remain suspended amid questions about a 56 million-ton discrepancy in deliveries to Singapore. Dith Tina, a secretary of state and spokesman for the Ministry of Mines and Energy, said yesterday that no date had been set for the exports to resume. ...

The controversial exporting of Cambodian sand to Singapore has finally—if temporarily—been stopped, according to officials from the two countries, amid long-running criticism over discrepancies in shipment records and environmental damage. ...

Cambodia is looking to implement cross-border paperless trade once the country’s e-commerce law is fully adopted and implemented, the Commerce Ministry said. ...

Cambodia is seeking to expand its market for milled rice to Sweden and is looking for ways to cooperate further in trade and investment. ...

While international rubber prices rebounded late last year, Cambodia’s exports in 2016, however, remained relatively unchanged compared with 2015, according to the Ministry of Agriculture, Forestry and Fisheries. ...

Breaking months of silence over accusations that it imported tens of millions of tons of smuggled sand, Singapore’s government on Monday distanced itself from any wrongdoing, a response an environmental NGO leader deemed “full of lies” and “devoid of any meaning.” ...

The Vietnamese government has urged local authorities to combat trade fraud, smuggling and counterfeit goods in provinces bordering Cambodia to boost trade with its neighbor. ...

Trade liberalisation under the ASEAN Free Trade Agreement (AFTA) cost Cambodia $150 million in lost tariff revenue last year, with the losses projected to climb further in the coming years as the Kingdom phases out tariffs on goods originating within the 10-member economic bloc, a ...

The government has removed the fee for inspection services on milled rice slated for export, aiming to reduce the cost of Cambodia’s rice and increase its competitiveness in international markets. ...

Two rice millers, which had passed initial inspections, were deemed ineligible to export rice to China after failing quality and food hygiene tests applied by Chinese experts. ...

An Agriculture Ministry official said on Sunday that slowing growth in Cambodian milled rice exports—increasing just 0.7 percent last year—was the result of outdated policies and was a concerning trend. ...