Economy and commerce

International business group urges respect for labour rights

A group of international business associations representing garment, footwear and travel goods buyers have called on the government to improve labour and human rights conditions in the Kingdom in the face of possible preferential trade agreement changes by the United States and European Union. In February, ...

Ben Sokhea
https://www.khmertimeskh.com/50594400/international-business-group-urges-respect-for-labour-rights/

Despite loss of duty-free status, Kingdom’s rice exports see 6% increase

Despite losing its duty-free export status in the EU, the Kingdom’s rice exports saw a six per cent increase in the first quarter of this year compared to the same period last year, according to figures released by the Secretariat of One Window Service for ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/despite-loss-duty-free-status-kingdoms-rice-exports-see-6-increase

Kingdom’s economy set to slow despite robust growth

The Cambodian economy is projected to slow slightly this year compared to last year, despite robust growth of around seven per cent, an Asian Development Bank (ADB) report released on Wednesday said. ADB said economic expansion last year hit 7.3 per cent on the back ...

Hor Kimsay
https://www.phnompenhpost.com/business/kingdoms-economy-set-slow-despite-robust-growth

Government to drop VAT on agricultural exports

Local firms will no longer be charged value-added tax (VAT) on exports of agricultural goods, Prime Minister Hun Sen announced Friday. The premier said dropping VAT charges on exports of agricultural products – including milled rice, corn, cassava, and pepper – will enhance the competitiveness ...

Chea Vannak
https://www.khmertimeskh.com/50591970/government-to-drop-vat-on-agricultural-exports/

Ministry rejects salt society’s dissolution

The Ministry of Industry and Handicraft on Tuesday rejected the Salt Producers Community of Kampot-Kep’s (SPCKK’s) proposal to dissolve, saying it needed more time to figure out the issues facing the industry, its spokesman Oum Sotha said. The decision was made during a meeting on ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/ministry-rejects-salt-societys-dissolution

PM Hun Sen: Cambodia will not die without preferential EBA agreement

Prime Minister Hun Sen on Wednesday reiterated that he would not be overly concerned if Cambodia had its access to the EU’s preferential “Everything But Arms” (EBA) agreement withdrawn because the Kingdom would not die without it. Hun Sen was speaking to factory workers in ...

Niem Chheng
https://www.phnompenhpost.com/national-politics/pm-hun-sen-cambodia-will-not-die-without-preferential-eba-agreement

EU warned as delegation lands

Civil society groups and associations released a public statement on Tuesday expressing concern over the EU starting the process to withdraw Cambodia’s access to its preferential “Everything But Arms” (EBA) agreement, as a delegation from the bloc landed in Phnom Penh the same day. ...

Niem Chheng
https://www.phnompenhpost.com/national/eu-warned-delegation-lands

Cassava production tumbles nearly 1% throughout 2018

Cambodia produced more that 13 million tonnes of cassava last year, a drop on 2017 despite a six per cent increase in cultivation to 650,510ha nationwide, according to the Ministry of Agriculture, Forestry and Fisheries. The data shows Cambodia produced 13,750,076 tonnes of cassava last ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/cassava-production-tumbles-nearly-1-throughout-2018

Cambodia, South Korea commit to stronger trade relations

Prime Minister Hun Sen and his South Korean counterpart, President Moon Jae-in, on Friday agreed to work together to boost trade and investment between the two nations.​ On Saturday, Mr Moon left Cambodia after a three-day state visit during which he also led a delegation ...

May Kunmakara
https://www.khmertimeskh.com/50587660/cambodia-south-korea-commit-to-stronger-trade-relations/

Government set to slash holidays

The private sector has welcomed the government’s move to reduce the number of public holidays in the in the Kingdom – known for having the most public holidays in the world – by seven days. However, the government had just added the “Day of Remembrance” ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/government-set-slash-holidays

EU team to arrive for EBA talks

An Eu delegation is set to arrive in Phnom Penh next week for a two-day official visit to discuss the process for withdrawing Cambodia’s access to its preferential ‘Everything But Arms’ (EBA) agreement, officials said on Tuesday. Meanwhile, analysts have called on the EU to ...

Niem Chheng
https://www.phnompenhpost.com/national/eu-team-arrive-eba-talks

Digital economy needs 10 years

Cambodia’s digital economy remains at a nascent stage and will need at least 10 years to grow and aim for a technology-driven economy, said Minister of Economy and Finance Aun Pornmoniroth. Speaking at the national consultation workshop on Policy and Direction of Cambodia’s Digital Economy ...

Hor Kimsay
https://www.phnompenhpost.com/business/digital-economy-needs-10-years

Leading Chinese textile maker starts to build huge factory in Cambodia

Shenzhou International Group Holdings, a leading Chinese clothing manufacturer, on Wednesday broke ground for the construction of a new 150-million-U.S.-dollar garment factory here after operating in the country for 14 years. Lt. Gen. Hun Manet, deputy commander-in-chief of the Royal Cambodian Armed Forces, and Chinese ...

Xinhua
http://www.xinhuanet.com/english/2019-03/06/c_137873415.htm

EBA fact-finding team to arrive in upcoming weeks: EU Ambassador

A fact-finding mission sent by the European Union will arrive in Cambodia late this month or early April, European Union Ambassador George Edgar announced this week. During a meeting Tuesday, the EU Ambassador told Minister of Commerce Pan Sorasak that an EU delegation is scheduled ...

May Kunmakara
https://www.khmertimeskh.com/50584565/eba-fact-finding-team-to-arrive-in-upcoming-weeks-eu-ambassador/

Two US Congressmen seek review of Cambodia’s duty-free exports status

Two US congressmen on Tuesday introduced the Cambodia Trade Act bill to ask US President Donald Trump’s administration to review the preferential trade treatment under the General System of Preferences that Cambodia receives from the United States. The CTA bill will require the administration to ...

Taing Vida
https://www.khmertimeskh.com/50582341/two-us-congressmen-seek-review-of-cambodias-duty-free-exports-status/

Cambodian-Americans plan lobbying campaign to support sanctions

US-based supporters of Cambodia’s former opposition party have launched a campaign to lobby US lawmakers to support legislation aimed at placing sanctions on the Cambodian government. The activists are planning to call and petition lawmakers to urge them to support the Cambodia Trade Act and ...

Men Kimseng
https://www.voacambodia.com/a/cambodian-americans-plan-lobbying-campaign-to-support-sanctions/4794594.html

Ministry to meet with companies over EBA saga

The Ministry of Commerce is planning a meeting with public and private actors to discuss the revocation of the European Union’s Everything-but-arms (EBA) deal and to find ways to diminish its impact on the economy, the ministry said in a press release. The ministry’s statement, ...

May Kunmakara
https://www.khmertimeskh.com/50577785/ministry-to-meet-with-companies-over-eba-saga/

Cambodia unveils new measures to support local firms

Cambodia has unveiled several measures to support local manufacturers and exporters in case the European Union (EU) decides to temporarily strip trade preferences from the country, according to China’s Xinhua News Agency. The Cambodian Ministry of Commerce issued a statement on February 12, saying that it ...

VNA
https://en.vietnamplus.vn/cambodia-unveils-new-measures-to-support-local-firms/146528.vnp

Rice exports down 5%

Rice exports last month were five per cent lower than in January last year, after a full year of decline in 2018. However, a sector insider said it is not a major concern because it is only the beginning of 2019. A report from the ...

Hin Pisei
https://www.phnompenhpost.com/business/rice-exports-down-5

EU starts EBA withdrawal

The EU on Monday announced that it has begun the 18-month process of withdrawing the Kingdom’s access to its preferential Everything But Arms (EBA) agreement over “a deterioration of democracy [and] respect for human rights”. ...

Joseph Curtin
https://www.phnompenhpost.com/national/eu-starts-eba-withdrawal-0

Biggest solar project yet gets half billion in funding

The Gideon Group, a US-based global finance firm, yesterday announced its intention to invest $488 million in a 135-megawatt solar plant in Kandal province. In a statement issued yesterday, Gideon Group president and CEO Salman Khan said the Kandal solar project is being developed by ...

Sok Chan
https://www.khmertimeskh.com/50573860/biggest-solar-project-yet-gets-half-billion-in-funding/

Trade deficit grows once more

Cambodia’s trade deficit with the rest of the world continued to widen last year to $5.2 billion, as the Kingdom’s imports outstripped its exports once again, a National Bank of Cambodia (NBC) report released on Saturday said. The NBC figures revealed that the Kingdom imported $18.8 ...

Hor Kimsay
https://www.phnompenhpost.com/business/trade-deficit-grows-once-more

Final day for EU to get EBA withdrawal views

Today (Tuesday) marks the final day for the EU Commission for Trade to receive the opinions of the EU bloc’s 28 member-states before deciding whether to suspend the Everything But Arms (EBA) tariff preferences for Cambodia. However a unanimous decision will be required to withdraw ...

Niem Chheng
https://www.phnompenhpost.com/national-politics/final-day-eu-get-eba-withdrawal-views

Kamsab removed from ports as Kingdom braces for loss of preferential trade access

The Cambodian government has begun a series of reforms intended to strengthen economic independence and promote business in the Kingdom, as they prepare for the possible loss of preferential trade access to the EU and US in the coming months. Prime Minister Hun Sen on ...

Hin Pisei
https://www.phnompenhpost.com/business/kamsab-removed-ports-kingdom-braces-loss-preferential-trade-access

Contact us

Contact us

Do you have questions on the content published by Open Development Cambodia (ODC)? We will gladly help you.

Have you found a technical problem or issue on the Open Development Cambodia (ODC) website?

Tell us how we're doing.

Do you have resources that could help expand the Open Development Cambodia (ODC) website? We will review any map data, laws, articles, and documents that we do not yet have and see if we can implement them into our site. Please make sure the resources are in the public domain or fall under a Creative Commons license.

File was deleted
ERROR!

Disclaimer: Open Development Cambodia (ODC) will thoroughly review all submitted resources for integrity and relevancy before the resources are hosted. All hosted resources will be in the public domain, or licensed under Creative Commons. We thank you for your support.

FAYWP
* The idea box couldn't be blank! Something's gone wrong, Please Resubmit the form! Please add the code correctly​ first.

Thank you for taking the time to get in contact!