Economy and commerce
Trade
Cambodia warned, again, on intellecual property regulation
Cambodian manufacturers are at risk of being blocked from exporting to the United States for using pirated software, IT industry bodies warned yesterday. Speaking at a seminar that was held at the Intercontinental Hotel in Phnom Penh, Michael Mudd, the secretary general of the Asia-Pacific Open ...
Daniel de Carteret
http://www.phnompenhpost.com/business/cambodia-warned-again-intellecual-property-regulation
Vietnam, Cambodia trade volume grows, but slightly
Bilateral trade between Cambodia and Vietnam increased only about 3.4 per cent last year compared to 2012, data from the Vietnamese embassy in Phnom Penh showed yesterday. An embassy official said the sluggish growth could be attributed to the political deadlock between the Cambodian People’s Party ...
May Kunmakara
http://www.phnompenhpost.com/business/vietnam-cambodia-trade-volume-grows-slightly
Cambodia’s trade with Malaysia up to USD 400 millions in 2013
Malaysia and Cambodia pledged to promote diplomatic relations, trade and investment in Cambodia. Trade between the both countries increased up to USD 168.72 (154%) in 2009 to USD 428.83 in 2013. Cambodia and Malaysia have cherished good relations on trade and investment. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=15&token=NGQ3Y2UxMTNmNTR
Cambodia's trade with China's Hong Kong up 19 pct last year
Trade between Cambodia and China’s Hong Kong increased by 19 percent in 2013, thanks to good ties between China and Cambodia, Raymond Yip, assistant executive director of the Hong Kong Trade Development Council, said here Friday. The total trade value between Cambodia and Hong Kong amounted ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-02/21/c_133134205.htm
Japan diversifies Cambodia investments
While more Japanese companies are flocking to Cambodia for investments in recent years, they are more diversified, ranging from restaurants to manufacturing industries and electronics. Yoshihito Katsuo, first secretary in charge of trade at the Japanese embassy in Phnom Penh, told Kyodo News on Friday that ...
Bangkok Post News Staff
http://www.bangkokpost.com/breakingnews/396322/japanese-firms-diversify-investments-in-cambodia
Cambodia’s pepper takes off
Through a canopy of palm leaves, sunlight falls onto 1,000 four-month-old pepper plants, each one climbing about two feet up a wooden pole in the ground. “We will be ready to harvest pepper from here in about 18 to 20 months,” says one of Kep ...
Daniel de Carteret and Chan Muy Hong
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-pepper-takes
Thai rice failure hitting Cambodia
While last year was full of good news for Cambodian rice exports, which hit a record-breaking 378,800 tons, 2014 is getting off to a much slower start. Thai Prime Minister Yingluck Shinawatra’s controversial pledge to pay farmers above market rates for their rice is coming ...
Chan Muy Hong and Daniel de Carteret
http://www.phnompenhpost.com/business/thai-rice-failure-hitting-cambodia
Hun Sen unveils new roadmap for foreign trade policy
Prime Minister Hun Sen presided over a ceremony at his Peace Palace in Phnom Penh on Tuesday to unveil a new report that assesses the government’s foreign trade policies over the past seven years and lays out a policy roadmap for the next five. The report, ...
Khy Sovuthy and Alex Willemyns
http://www.cambodiadaily.com/news/hun-sen-unveils-new-roadmap-for-foreign-trade-policy-52600/
Cambodia’s rice export in January down
Cambodia exported 21,536 tons of milled rice in January of 2014, down 4,190 tons (16%) compared to 25,726 tons exported in the same period of last year, according to a report on agriculture, forestry and fishery. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=15&token=Y2JjZWMwNzAwNDd
US turns to Cambodia rice market
Cambodia’s rice exporters are eager to sell more of their goods in the United States and tap into the world’s largest economy. Speaking at the International Export Market Research for Cambodian Rice seminar in Phnom Penh yesterday, Song Saran, CEO of Amru Rice Cambodia, one of ...
Hor Kimsay
http://www.phnompenhpost.com/business/us-turns-cambodia-rice-market
Exporters of rice now subject to origin test
Stringent rules to prove that rice exported from Cambodia is actually from Cambodia will be detailed today, according to a copy of a joint agreement between the Ministry of Commerce and industry associations. The Code of Conduct seeks to reassure the European Union that rice is ...
Daniel de Carteret and Chan Muy Hong
http://www.phnompenhpost.com/business/exporters-rice-now-subject-origin-test
Cambodia’s export to EU skyrockets
Despite the depressed market conditions throughout Europe in 2013 Cambodia’s export to the EU skyrocketed. The country is well under way to take over Taiwan’s leading position in bike export to Europe. Between January and October 2013 Cambodia’s bike export showed a huge increase of no ...
Jack Oortwijn
http://www.bike-eu.com/Sales-Trends/Market-trends/2014/2/Cambodias-Export-to-EU-Skyrockets-1463329W/
Exports to the US see slight rise
Cambodia’s exports to the United States, the country’s biggest market, were valued at about $2.8 billion last year, a three per cent rise from $2.7 billion in 2012, according to fresh statistics from the US Department of Commerce. Ken Ratha, a spokesman for Cambodia’s Ministry of ...
Hor Kimsay
http://www.phnompenhpost.com/business/exports-us-see-slight-rise
For poor, eating dead poultry is a calculated risk
In late January, five of the 10 chickens owned by Leng Lal, a subsistence rice farmer in Kratie province, suddenly died. Although Mr. Lal, 40, said he knew the dead birds might be dangerous and he should burn and bury the carcasses, he instructed his 8-year-old ...
Sek Odom and Simon Henderson
http://www.cambodiadaily.com/news/for-poor-eating-dead-poultry-is-a-calculated-risk-52076/
Cambodian govt making efforts at minimum wage reform
The Government of Cambodia is making efforts at minimum wage reform, and it has set up a committee to study the minimum wage at garment manufacturing units as a way of continually working to increase it, Labour Minister Ith Sam Heng while unveiling the Ministry’s ...
Fibre2fashion News Desk - India
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=159685
Ministries to Help Farmers Hurt by Sugar Plantations
The government on Monday agreed to a comprehensive solution for rural families who have lost their land to well-connected agricultural plantations exporting sugar to the European Union (E.U.) duty free and will meet again early next month to discuss details. The decision was made at a ...
Hul Reaksmey and Zsombor Peter
http://www.cambodiadaily.com/news/ministries-to-help-farmers-hurt-by-sugar-plantations-51971/
Cambodia, Vietnam pledge to further enhance ties, cooperation
Cambodia and Vietnam vowed on Tuesday to further strengthen and expand friendship and cooperation for the benefits of the two countries and peoples. Koy Kuong, spokesman for the Cambodian Ministry of Foreign Affairs, said the two ministers agreed to increase cooperation in economics, trade, investment, ...
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=199661
Cambodia, Vietnam trade bound to hit 5 bln USD in 2015: PM
Cambodian Prime Minister Hun Sen on Tuesday was optimistic about the country’s steadily growing trade with Vietnam and foresaw that the bilateral trade volume would definitely reach $5 billion by 2015. The two-way trade volume was valued at $3.5 billion last year, up 25 percent year-on-year. Speaking ...
Global Times News Staff
http://www.globaltimes.cn/content/841879.shtml#.UvslvPmSxqU
Cambodian traders urged to attend upcoming Macau Exhibition
Ministry of Commerce appealed to the Cambodian traders to join the upcoming Macau International Exhibition to promote their products and find business partners. The appeal was made following the Macau Trade and Investment Promotion Institute (IPIM), which announced that it would hold 2014 Macau International Environmental ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=Mjc0YjA2Nzk3NjU
Construction of Belarus tractor assembly plant in Cambodia nearing completion
The progress in the project to build the Belarus tractor assembly plant in Cambodia was discussed in a meeting between Belarusian Ambassador to Russia Igor Petrishenko and Ambassador of the Kingdom of Cambodia to Russia Thay Vanna, BelTA learnt from the press service of the ...
BelTA News Staff
http://news.belta.by/en/news/econom?id=739642
Cambodia's trade with Thailand hits 4.5 bln USD last year: minister
Trade between Cambodia and neighboring Thailand reached 4.5 billion U.S. dollars in 2013, up 12 percent from 4 billion U.S. dollars a year earlier, Cambodian Minister of Commerce Sun Chanthol said Thursday. Of the amount, Cambodia’s export to Thailand was equivalent to 351 million U.S. dollars, ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-02/06/c_133095545.htm
Sugar Firm Offers Defense After Call for Probe of EU Trade Links
The director of a CPP senator’s sugar plantation accused of stealing land from hundreds of families said Wednesday that most locals were happy with the new jobs the plantation has generated, a week after a visiting European Union parliamentarian renewed calls for an investigation of ...
Zsombor Peter
http://www.cambodiadaily.com/news/sugar-firm-offers-defense-after-call-for-probe-of-eu-trade-links-51545/
IMF says Cambodia's strong outlook subject to 'considerable' risks
Cambodia’s strong economic growth and foreign investment are subject to “considerable” downside risks, the International Monetary Fund has warned. A staff report released in Washington late Tuesday said “economic activity remains strong driven by robust exports, with garment exports helped by preferential access to European Union.” At ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=M2FjYzE4NzRmYzQ
Rip-offs strike wrong chord
Slapping Khmer song lyrics over international hits or ripping off the creative content of foreign-produced music videos is a practice in the Kingdom that must end within one year, Ministry of Culture and Fine Arts officials said at a conference in the capital yesterday. A crackdown ...
Mom Kunthear
http://www.phnompenhpost.com/national/rip-offs-strike-wrong-chord