Exports

A plan to create a free trade area covering roughly half the world’s population by 2015 was initiated yesterday by regional and world leaders meeting in Phnom Penh. During the Asean and related meetings at his office, Prime Minister Hun Sen announced that the group of ...

Asean leaders Tuesday discussed the importance of expanding economic opportunity for the region, vowing to increase efforts for better trade and investment amid members states and with the US. Surin Pitsuwan, secretary-general of Asean, said “more and more” was expected of Asean today. “So it is ...

Prime Minister John Key has joined a launch of Asian free trade talks – but made it clear he favours a US-backed deal. The East Asian Summit wrapped up in Phnom Penh yesterday with Asian leaders formally announcing a start to negotiations towards a Regional Comprehensive ...

The secretary-general of the Council for the Development of Cambodia (CDC) called on Asean member states to work collectively towards achieving the Asean Economic Community by 2015. Sok Chenda Sophea, who chaired the 2nd Asean Investment Forum (AIF) held in Phnom Penh, said Asean members must ...

With political and cultural ties between India and Southeast Asia already strong, economic issues were the focus of the 10th Asean-India Summit at the Peace Palace yesterday in Phnom Penh, the India ambassador to Cambodia said. ...

Premier Wen Jiabao said on Monday China supports pushing forward an Asian free-trade area, which will cover 28 percent of world’s total export volume. Previous reports said China is expected to make announcements on Tuesday in Phnom Penh that it will join the talks for the ...

The bilateral C volume between Cambodia and the United States reached 2.2 billion U.S. dollars in the first nine months of this year, a 2 percent rise compared with 2.15 billion U.S. dollars at the same period last year, according to the statistics of the ...

Chinese Premier Wen Jiabao pledged RMB 329 million ($53 million) in assistance to Cambodia on Sunday during a meeting with Prime Minister Hun Sen, a Cambodian official said. Ieng Sophalet, an assistant to Hun Sen, told reporters that the grant would be used for water resource ...

The rice-processing industry is bringing South China’s Guangxi Zhuang autonomous region and Cambodia even closer, as it becomes a new growth point for bilateral cooperation with the Southeast Asian nation aiming to increase its rice exports. A rice milling plant in Kampong Chhnang Province of central ...

The 21st ASEAN Summit opened in Phnom Penh yesterday under the theme One Community, One Destiny, with meetings during the three-day event expected to tackle such issues as measures to build the ASEAN Community, regional peace and security, and strengthening co-operation between the bloc’s member ...

The ASEAN+3 (China, Japan and South Korea) Summit was held here on Monday to discuss measures and actions to further enhance cooperation in the future. The Summit was made between the leaders of the ten-country ASEAN led by Cambodian Prime Minister Hun Sen and the leaders ...

PRIME Minister Julia Gillard is aiming for an ambitious trade agreement that not only covers ASEAN and its neighbours but leaves the door open for other entrants. Ms Gillard arrived in the Cambodian capital Phnom Penh on Monday for the East Asia Summit, which is set ...

Businesses hailed the government’s planned rice trade partnership with Cambodia, Laos, Myanmar and Vietnam, but warned any effort to jointly fix prices would not be easy. Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association, said it would be great if Thailand could share information ...

Total trade in Cambodia reached $11.17 billion from January through October, an 18.1 percent increase compared to the same period last year, according to data released yesterday by the Ministry of Commerce. Khon Savuth, chief of statistics at the ministry’s Camcontrol department said that the ...

The Asian Development Bank (ADB) and the OPEC Fund for International Development have signed an agreement to support trade in emerging Asian countries under the ADB’s Trade Finance Program, according to a news release. The risk distribution agreement will support a projected incremental trade flow between ...

Kratie province – Cambodia’s transformation from war-torn basket-case to one of Asia’s most promising emerging economies is being overshadowed by a backwards lurch in human rights and land policies that critics say are entrenching poverty. Next week’s visit by Barack Obama, the fist by a U.S. ...

More than 50 businesses from Vietnamese and Cambodian districts met in the Mekong Delta province of An Giang to discuss how to improve investment cooperation, expand the market and increase exports into Cambodia . According to Deputy Director of the Dong Nai provincial Department of Industry ...

The cabinet yesterday approved the Commerce Ministry’s plan to develop a rice trade partnership with Cambodia, Laos, Myanmar and Vietnam to stabilise international rice prices According to a source at the Commerce Ministry, the rice trade zone project will begin with Cambodia and will involve rice ...

Cambodia’s transformation from war-torn basket-case to one of Asia’s most promising emerging economies is being overshadowed by a backwards lurch in human rights and land policies that critics say are entrenching poverty. ...

Delegates attending a forum on investment and cooperation for the Mekong sub region, held in the central highland province of Dak Lak on November 9, all agreed that Vietnam, Laos and Cambodia need to work on common preferential policies to attract lucrative investments for the ...

The scarcity of sand in the city has forced construction companies to import sand mined from the Mekong River in Cambodia. A consignment of sand from Cambodia has already reached the city. More consignments are likely. The importers are likely to use the sand for ...

Cambodia’s garment exports rose 9.9% to $3.44bn in the first nine months of this year, up from $ 3.13bn a year ago, according to the latest figures from the Cambodian Ministry of Commerce. ...

Prime Minister Hun Sen will hold bilateral talks with U.S. President Barack Obama when the newly re-elected American leader visits Phnom Penh during this month’s East Asia and Asean Summits. Mr. Hun Sen announced the bilateral meeting in a letter to Mr. Obama on Wednesday congratulating ...

Cambodia collected $633 million in taxes over the first 10 months of this year, a 31 per cent rise from $483 million over the same period last year, according to the General Department of Taxation. However, an opposition watchdog claimed the amount is still far ...