Economy and commerce
Trade
Cambodia, Malaysia trade rises 35%
Trade between Cambodia and Malaysia reached $715 million in the January to October period this year, a jump of 35.3 percent compared to the same period last year, according to the data of the General Department of Customs and Excise (GDCE) released recently. ...
Manoj Mathew
https://www.khmertimeskh.com/501594560/cambodia-malaysia-trade-rises-35/
Phnom Penh Autonomous Port nets $34 million in 10 months
Public-listed Phnom Penh Autonomous Port (PPAP) netted a revenue of $34.47 million in the January to October period in 2024, a rise of 18 percent compared to the same period last year, according to a recent report it filed with the Cambodia Securities Exchange (CSX). ...
Manoj Mathew
https://www.khmertimeskh.com/501593980/phnom-penh-autonomous-port-nets-34-million-in-10-months/
US remains Cambodia’s number one export market in 10 months
In the first ten months, the United States remained Cambodia’s number one export market, while Vietnam at number two, according to a data released by the General Department of Customs and Excise (GDCE). ...
Sum Manet
https://www.khmertimeskh.com/501593580/us-remains-cambodias-number-one-export-market-in-10-months/
Jan-Oct garment exports exceed 2023 totals
The value of Cambodia’s garment exports reached over $9.33 billion in the first 10 months of 2024, surpassing the total export value of garments in 2023. ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-oct-garment-exports-exceed-2023-totals-
MoC launches Export Service Centre
The Ministry of Commerce (MoC) officially inaugurated the ‘Export Service Centre (ESC)’ at the ministry to promote Cambodia’s exports, assist traders in preparing for exports and boost their confidence in competing in the global market. ...
Mom Kunthea
https://www.khmertimeskh.com/501586370/moc-launches-export-service-centre/
Cambodia earns $1.5 billion from rice exports
Cambodia has earned over $1.5 billion from paddy and milled rice exports in the first ten months of this year, a report from the Cambodia Rice Federation (CRF) showed yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501587936/cambodia-earns-1-5-billion-from-rice-exports/
Cambodia’s agri exports rise 53% in nine months
Cambodia exported approximately 8.5 million tonnes of agricultural products in the first nine months of 2024, marking a 53 percent increase compared to the same period in 2023, said a senior official from the Ministry of Agriculture, Forestry and Fisheries (MAFF). ...
Mom Kunthea
https://www.khmertimeskh.com/501586374/cambodias-agri-exports-rise-53-in-nine-months/
Cambodia exports 507,029 tonnes of milled rice
Cambodia has raked in $376.53 million from exporting more than 507,029 tonnes of milled rice to 66 destinations worldwide in the first 10 months of the year. ...
Khim Sokunthy
https://kiripost.com/stories/cambodia-exports-507029-tonnes-of-milled-rice
USAID grants $29M to boost Cambodia’s growth, aims for trade over aid
Cambodia’s path to economic transformation has taken a significant step forward with USAID administrator Samantha Power’s announcement of $50 million in new US government aid. ...
Hong Raksmey
https://www.phnompenhpost.com/business/usaid-grants-29m-to-boost-cambodia-s-growth-aims-for-trade-over-aid
Exports to Japan exceed $1 billion in first 9 months of 2024
Bilateral trade between Cambodia and Japan in the first nine months of 2024 amounted to nearly $1.6 billion, marking an increase of almost 20% compared to the same period in 2023, with Cambodia’s exports to Japan surpassing $1 billion. ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-to-japan-exceed-1-billion-in-first-9-months-of-2024
Cambodia exports over 2 million tonnes of fresh cassava in Q3
Cambodia’s fresh cassava market appears robust, which has seen significant growth in exports – up over 160 percent in the first three quarters of 2024. ...
Mom Kunthear
https://www.khmertimeskh.com/501579701/cambodia-exports-over-2-million-tonnes-of-fresh-cassava-in-q3/
Kingdom’s exports to EU touches $3.3B in Q3
Cambodia’s export to the European Union (EU) surged to $3.29 billion in the first three quarters of 2024, up nearly 20 percent from $2.79 billion compared to the same period last year. ...
Chea Vanyuth
https://www.khmertimeskh.com/501579698/kingdoms-exports-to-eu-touches-3-3b-in-q3/
Cambodia’s trade with RCEP countries rises to over $25 bln in first 9 months
Cambodia’s trade with Regional Comprehensive Economic Partnership (RCEP) countries hit $25.54 billion in the first nine months of 2024, up 17.1 percent over the same period last year, a report said on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501578603/cambodias-trade-with-rcep-countries-rises-to-over-25-bln-in-first-9-months/
Cambodia’s trade with ASEAN up 13 pct in Jan.-Sept.
Cambodia’s trade volume with its fellow ASEAN member states was valued at $11.72 billion in the first nine months of 2024, up 13 percent from $10.37 billion over the same period last year, said an official report released on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501578605/cambodias-trade-with-asean-up-13-pct-in-jan-sept/
Gold sees price surge amid global uncertainty, becomes “safe asset”
Over the past two to three years, the price of gold on the international market has steadily risen, driving up prices in Cambodia, even as the country exports refined gold to global markets. ...
Cambodia’s trade soars by 9.4%, worth $52 billion
Cambodia’s international trade with 170 countries exceeded $52 billion from August 2023 to July this year, an increase of 9.4 percent compared to the same period last year, said Neth Pheaktra, Minister of Information (MoI). ...
Nhean Chamrong
https://www.khmertimeskh.com/501577100/cambodias-trade-soars-by-9-4-worth-52-billion/
Cambodia earns over $397M from rubber exports in Q3
The Kingdom exported 248,535 tonnes of rubber products earning more than $397 million in the first three quarters of 2024, according to a report released by the General Directorate of Rubber on Friday. ...
Mom Kunthea
https://www.khmertimeskh.com/501577095/cambodia-earns-over-397m-from-rubber-exports-in-q3/
Cambodia makes $394 mln from rubber exports in January-September
Official data showed on Friday that Cambodia earned $394 million in revenue from exports of natural rubber latex in the first nine months of 2024, up 18 percent from $332.6 million in the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501576470/cambodia-makes-394-mln-from-rubber-exports-in-january-september/
Cambodia eyes boost in Australian investment
Australian ambassador to Cambodia Derek Yip expressed interest in Cambodia’s infrastructure development plans, as trade between the two countries exceeded $220 million in the first three quarters of 2024. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-eyes-boost-in-australian-investment
How Cambodia can achieve export diversification
Over the past decade, Cambodia has progressed in integrating into the global trade network and diversifying its exports beyond traditional products such as garments and textiles. Amid the changing global trade landscape, the country faces challenges such as trade disruptions and intensified competition. It is now ...
Khmer Times Staff
https://www.khmertimeskh.com/501575865/how-cambodia-can-achieve-export-diversification-2/
Cambodia-Vietnam trade crosses $5.8B in 9 months
Cambodia-Vietnam trade volume reached $5.81 billion, up 21.9 percent from $4.77 billion in the same period in 2023, according to a report of the General Department of Customs and Excise of Cambodia (GDCE). ...
Chea Vanyuth
https://www.khmertimeskh.com/501575872/cambodia-vietnam-trade-crosses-5-8b-in-9-months/
Cambodia-Vietnam trade reaches nearly $6 billion
The exchange of goods between Cambodia and Vietnam in the first three quarters of 2024 reached over $5.8 billion, a 20% increase compared to the same period in 2023, with Cambodia’s trade deficit amounting to over $360 million. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-vietnam-trade-reaches-nearly-6-billion
Cambodia-ASEAN mull revising tariff to monitor trade flow
Cambodia along with the Association of Southeast Asian Nations (ASEAN) are considering revising the customs tariff regulations aimed at updating the product code to strengthen the efficiency of monitoring trade activities globally. ...
Nhean Chamrong
https://www.khmertimeskh.com/501575234/cambodia-asean-mull-revising-tariff-to-monitor-trade-flow/
Cambodia, Laos to upgrade trade, investment ties
After the recent withdrawal from the development pact known as the Cambodia-Laos-Vietnam Development Triangle Area (CLV-DTA), the Royal Government of Cambodia (RGC) shifted its stance to promote bilateral cooperation with the Lao People’s Democratic Republic (PDR) including the removal of double taxation, trade, tourism and ...
Nhean Chamrong
https://www.khmertimeskh.com/501571530/cambodia-laos-to-upgrade-trade-investment-ties/