Trade

Exports

Cambodian Garment Exports likely to Grow in 2013: GMAC

Cambodian garment exports are expected to grow in 2013 with the increasing foreign investments along with focus on new market including Japan and China, according to the Garment Manufactures Association of Cambodia (GMAC). In 2012, apparel exports of Cambodia grew nine percent to US$ 4.61 ...

http://www.thesoutheastasiaweekly.com

Tate & Lyle Defends Sugar Plantation Deal In Koh Kong

A U.K. firm being sued by 200 Cambodian farmers over the loss of their land to two sugar plantations has defended its business dealings, claiming that the affected families were dealt with legally and were properly compensated for the loss of their properties. Local farmers ...

http://www.cambodiadaily.com/news/18834-18834/

Cambodia's trade with U.S. down 2 pct in first 2 months

The bilateral trade volume between Cambodia and the United States was worth about 499 million U.S. dollars in the first two months of this year, down 2 percent compared with 510 million U.S. dollars at the same period last year, the statistics of the U.S. ...

http://news.xinhuanet.com/english/business/2013-04/16/c_132313606.htm

Cambodia’s city port reports 34 pct rise in cargo shipment in Q1

Cargos entering and leaving through Phnom Penh Autonomous Port, the kingdom’s 2nd largest port, increased by 34 percent in the first three months of this year due to rising trade activities, a senior port official said Thursday. During the January-March period this year, the state-owned port ...

http://www.nzweek.com/business/cambodias-city-port-reports-34-pct-rise-in-cargo-shipment-in-q1-59160/

U.S. imports large volume of organic rice

An unusual report shows that organic rice buyers in the U.S. are getting a large percentage of their rice from Cambodia. The Cambodian Center for Study and Development in Agriculture (CEDAC) exported 114 tonnes of organic jasmine rice to the U.S. in the first quarter of ...

http://www.agprofessional.com/news/US-imports-large-volume-of-organic-rice-201976661.html

Local palm oil exporter targets EU

Mong Reththy Group (MRG), Cambodia’s largest exporter of palm oil, hopes to expand its exports to European markets this year. Mong Reththy, president of the firm, said the quota-free and duty-free trade frameworks provided by European governments factored heavily into the decision. “About 50 per cent of ...

http://www.phnompenhpost.com/2013040964951/Business/local-palm-oil-exporter-targets-eu.html

Cambodia's rice export up 148 pct in Q1

Cambodia recorded a sharp rise in milled rice export in the first three months of 2012 thanks to increasing international market demand and more investment in post- harvest technologies, Prime Minister Hun Sen said Friday. A commerce report showed that the country exported 95,230 tons ...

http://www.asean-china-center.org/english/2013-04/07/c_132290214.htm

FAO Raises Paddy Production Outlook

The Food and Agriculture Organization of the United Nations (FAO) has raised its forecast of global paddy production in 2012 by about 1.5 million tonnes to 730 million tonnes (487 million tonnes, milled). The scaling up of production mainly concerned Asian countries, in particular Cambodia, ...

http://www.cambizreview.com

Local beer to be sold in France

Khmer Brewery, the maker of Cambodia Beer, plans to begin sales to France, the company’s third export market, this month, having tasted success in Japan and Malaysia. It is one of six breweries in the Kingdom, but the only one whose investor base is local. With ...

http://www.phnompenhpost.com/2013040164803/Business/local-beer-to-be-sold-in-france.html

Kampot pepper in demand

Demand for Kampot pepper, the first Cambodian product to receive Geographical Indication (GI) status, is outpacing current supply even as areas of cultivation are expanding. Industry experts say the fast-growing demand is a result of the pepper’s newly earned GI label, which attests to its quality ...

http://www.phnompenhpost.com/2013040164802/Business/kampot-pepper-in-demand.html

Thai-Cambodian trade in Surin reaches new record high

The border trade in Surin province has reportedly reached 1 billion baht for the first time. The figure is said to be the new record high as the situation on the border of Thailand and Cambodia remains calm. Surin’s trade official Sitthiporn Bangkeaw said these ...

http://www.pattayamail.com/business/thai-cambodian-trade-in-surin-reaches-new-record-high-24190

Illegal rosewood seized at border

Police have cracked down on illegal large-scale rosewood smuggling at the Cambodia-Thai border in the district of Malai. In the sting operation Tuesday night, led by Banteay Meanchey prosecutor, Phan Pirom, the authorities have seized around three tons of rosewood, hidden in the truck bed used ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=M2M4YzlhNzA2NmY

Thai Co-Op Seeks To Boost Cambodia’s Market Access

A delegation from a Thai agricultural co-operative yesterday discussed means of improving agricultural products and market access with representatives of the Ministry of Commerce in Phnom Penh. Kamit Likhitvidhayavuth of the Thai co-operative said his team aimed to strengthen market access for Cambodian goods. No agreement ...

http://www.phnompenhpost.com/2013032764713/Business/thai-co-op-seeks-to-boost-cambodia-s-market-access.html

Harta Packaging bets on Cambodian growth

Malaysia-based Harta Packaging Industries Sdn Bhd opened a new Cambodian factory to meet the demands of a growing exports sector and benefit from Sihanoukville port’s ambitious expansion plans, officials said. Harta Packaging, a wholly owned subsidiary of HPI Resources Berhad and part of the Oji Paper ...

http://www.phnompenhpost.com/2013032664690/Business/harta-packaging-bets-on-cambodian-growth.html

Export plans on hold

Local instant noodle company Men Sarun failed in its plan to export canned noodles to US markets this year, and an official confirmed that failures stemmed from both the unstable market price and increasing costs of transportation. Choun Kol, deputy general director of Men Sarun Investment, ...

http://www.phnompenhpost.com/2013032264621/Business/export-plans-on-hold.html

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