Exports

The tax imposed on the export of acacia chips is to be abolished to help boost exports of the locally grown raw product, Prime Minister Hun Sen announced on Monday. Speaking at the grand opening of Aeon Mall, Hun Sen said that acacia chips exported to ...

Cambodia recorded a trade deficit of 1.14 billion U.S. dollars in the first five months of 2014, a latest report by the Ministry of Commerce showed Wednesday. Total trade value jumped to 7.32 billion U.S. dollars during the January-May period this year, an increase of 17 ...

Cambodia rice exporters are fearing that the Indian government’s decision to release 5 million tons of rice in the open market to control price hikes may have a spill over effect on global rice exports, according to local sources. ...

With the Indian government set to inject five million tonnes of rice in to its domestic market, Cambodia’s rice producers fear that any spillover into the global rice trade may impact local exports. David Van, acting secretary-general of a newly established Cambodia Rice Federation, said ...

Border trade between Surin province in Thailand and Oddar Meanchey province in Cambodia is rising following military measures, the National News Bureau of Thailand said Sunday. ...

The Surin Chamber of Commerce has revealed that border trade between Thailand and Cambodia has risen since the National Council for Peace and Order (NCPO) launched a number of measures on politics, the economy, society, and security. ...

Cambodia’s Soma Group and Thailand’s C.P. Intertrade on Thursday signed a joint-venture agreement to build a sophisticated rice milling and refining factory in the western Kampong Speu province of Cambodia. The deal was inked between Sok Puthyvuth, chief executive officer of Soma Group, and Prasit Damrongchietanon, ...

Pailin province’s $5 million animal-feed processing plant and warehouse is to finish construction in the next three months and it is a welcomed development for the local farming community. The plant’s owner, Chea Kea, who also owns Diamond Crown casino on the border with Thailand in ...

Lagging demand from foreign buyers has led to Cambodian rice being stockpiled at the country’s mills, according to the head of the country’s peak rice body. Sok Puthyvuth, president of the Cambodia Rice Federation (CRF), said that with exporters receiving fewer orders, the country’s larger rice ...

Despite lapses in factory safety and ongoing labour unrest, Cambodian exports of garments and textiles grew 9% in the first three months of the year. According to data from the Garment Manufacturers Association in Cambodia (GMAC), Cambodia exported US$1.17bn worth of garments and textiles between January ...

The Ministry of Commerce has vowed to uncover more markets for Cambodian products to help buffer against price fluctuations caused by the Kingdom’s dependency on neighboring countries. In a response to concerns raised on social media, Commerce Minister Sun Chanthol wrote on the ministry’s official Facebook ...

Italy plans to lobby the European Union to halt duty-free imports of rice from Cambodia to protect local rice growers and millers, an industry source says. In a report Thursday, oryza.com said Italy was preparing to submit a report to Brussels saying that Cambodian rice was ...

Bilateral trade between Cambodia and Malaysia increased during the first quarter this year by 17.6 percent compared to the same period last year, a Malaysian official said Tuesday. Trade increased from $89.63 million to $105.4 million, Rasazlan Abdul Rashid, the Malaysian ambassador to Cambodia, told a ...

When Cambodia’s most prominent forest activist, Chut Wutty, was gunned down in April 2012, the community network he created to sabotage the rampant deforestation of this vast forest fragmented. The forest patrols that he organised nearly ground to a halt. Without money to fund large-scale expeditions, ...

At Chraing Chamreh wholesale fish market in Phnom Penh’s Russei Keo district, men frantically scoop dark, snake-like Trey Phtok fish out of a huge steel tank and into a wicker basket. The flickering pile of tails and gaping mouths is placed on a scale and weighs ...

The total value of goods imported from Thailand increased more than 14 percent in the first four months of this year compared to the same period last year, according to data released Friday by the Thai Embassy in Phnom Penh. The figures show that the total ...

In December 2011, the managing director of Megagreen Imex Cambodia, Renne Outh, proudly announced that his firm had inked a $21 million deal to be the first to ship Cambodian rice to the Philippines. Nearly two and a half years on, not a single Cambodian grain ...

The UN’s Food and Agriculture Organization (FAO) has estimated Cambodia’s 2014 rice exports to increase slightly to 1.2 million tons over that in 2013 due to increased production. The FAO reports that its exports estimate includes unofficial exports of milled as well as paddy rice ...

The rice industry’s quest for greater quality at lower cost reached a dead end yesterday at a conference in Phnom Penh, with exporters and farmers polarised on how to achieve greater returns for the industry. The workshop, titled “Improving Rice Value Chain and Enhancing Farmers’ Livelihoods”, ...

Rice exports to Thailand plummeted in the first four months of the year as a result of that country’s surplus, which reached record levels at the end of 2013. Between January and April, Cambodia exported just 1,550 tonnes of rice to Thailand, down 89 per cent ...

The price of durian from Thailand has risen sharply this year, leading to shrinking profits for fruit vendors in Phnom Penh as demand from China for the spiky, pungent fruit grows more robust. On Sihanouk Boulevard, fruit vendor Heng Sovanna said that since March, the price ...

Cambodia and Vietnam have urged Thailand to export more mangosteen and durian in response to the high demand in both neighbouring countries.   Sombat Juengtrakoon, deputy chairman of the Thai-Cambodian Border Trade and Tourism Association in Chanthaburi Province, told journalists Monday that Thailand export a lower volume ...

This season’s Kampot pepper production is expected to reach 27 tonnes, up from 21 tonnes last year thanks to a larger area of harvested land. But Nguon Lay, president of the Kampot Pepper Association, said on Sunday that despite the increase, adverse weather conditions meant the ...

Cambodia had exported 213,530 tons of fresh and dry cassava in the first three months of 2014, down 13 percent compared with 245,440 tons over the same period last year, according to the figures provided by the Commerce Ministry on Sunday. However, the country saw a ...