Trade

Cambodia’s milled rice exports only grew by a dismal 0.7 percent last year compared with 2015 and this was the lowest since 2014, according to government figures released yesterday. “Last year Cambodia only exported 542,144 tons of milled rice and the lowest exports were in the ...

Environmental NGO Mother Nature has hired a Singaporean law firm to investigate alleged irregularities in the country’s importation of Cambodian sand, the organization’s founder said on Wednesday. ...

The Ministry of Commerce is calling for producers and exporters who have been dealing in dried tobacco leaves and milled rice to apply for licenses to export to Vietnam. Vietnam agreed to waive all duties on 300,000 tons of rice and 3,000 tons of dried tobacco ...

Cambodia exported more than 108,000 tonnes of sand to India in 36 separate shipments between 2013 and 2015, according to Indian customs data obtained yesterday, contradicting Cambodian customs data that show no sand being sent there at all. ...

Eighteen local rice export companies are now eligible to carry out milled rice exports to China starting from next month, according to an announcement released on Monday by the Cambodia Rice Federation (CRF). The announcement added that the CRF and the Green Trade Company – under ...

Cambodia and Thailand will sign a memorandum of understanding on Friday to increase the quota of buses and trucks permitted to cross the border between the two countries, a transport official said yesterday. ...

Cambodian milled rice has passed quality and food hygiene tests for export to China. A delegation of Chinese experts inspected the quality and safety at 27 rice mills during a week-long visit, said Hean Vanhan, director-general of the agriculture department at the Agriculture Ministry. The result of ...

Cambodian goods benefit from the lowest export tariff rates in the world but the Kingdom’s trade is still held back by lengthy bureaucratic procedures and corruption, according to a new study by the World Economic Forum (WEF). The Global Enabling Trade Report 2016, a study published ...

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. ...