Trade

Imports

Industry Handicraft Fair to feature Cambodian-made goods

Organisers expect the Industry Handicraft Fair 2013, with the theme “Excellence of Cambodia Goods and Services”, to attract about 200,000 people. The fair, to be held at the Koh Pich Exhibition Center over three days at the end of March, will have 460 booths exhibiting 100 per ...

http://www.phnompenhpost.com/2013012460961/Business/industry-handicraft-fair-to-feature-cambodian-made-goods.html

Cambodia's rubber exports up 17 pct, revenues down 21 pct in 2012

Cambodia recorded a 17 percent rise in rubber latex exports in 2012; however, the revenues from the exports went down by 21 percent due to declining rubber prices in the international market, the government’s statistics showed Friday. The country had exported 54,530 tons of rubber latex ...

http://www.globaltimes.cn/content/756747.shtml

Cambodia's exports to U.S. down 1 pct in 11 months last year

Cambodia exported products in equivalent to 2.49 billion U.S. dollars to the United States in the first eleven months of 2012, down 1 percent from 2.52 billion U.S. dollars it exported at the same period a year earlier, the report of the U.S. Department of ...

http://english.peopledaily.com.cn/90778/8090542.html

Anti-corruption bonus yet to be seen

Customs and Excise Department officials are complaining that a promised salary bonus meant to serve as an incentive to avoid corruption has yet to be doled out, even though the program began last June. The initiative, managed by the Ministry of Economics and Finance, was supposed ...

http://www.phnompenhpost.com/2013011160738/National/anti-corruption-bonus-yet-to-be-seen.html

Cargos via Cambodia's city port up 17% in 2012

Cargos entering and leaving through Phnom Penh Autonomous Port, Cambodia’s second largest port, increased by 17 percent in 2012 thanks to increasing import and export activities, a senior port official said Thursday. The state-owned port had received 95,333 twenty-foot-equivalent units, or standard-sized containers (TEUs) last year, ...

http://news.xinhuanet.com/english/business/2013-01/03/c_132077675.htm

Vietnam investment in Cambodia hits US$2.5 bil

Vietnamese enterprises so far have invested in 124 projects in Cambodia with total registered capital of some US$2.5 billion, four times higher than the figure in 2009. As such, Vietnam is now among the top five investors in Cambodia, said the Association of Vietnamese Investors in ...

http://english.vietnamnet.vn/fms/business/55818/vietnam-investment-in-cambodia-hits-us-2-5-bil.html

Cambodia defies global crisis

Cambodia’s economic performance this year has been heartening despite the global economic slowdown, especially the chaos caused in Europe by the sovereign-debt crisis and the sluggish recovery of the US economy. In October, the International Monetary Fund revised its world growth projections to 3.3 per cent ...

http://www.phnompenhpost.com

ITC defends its use of funds, claiming silk weavers profiting

The International Trade Centre (ITC) yesterday rejected criticisms over the misuse of expenses and funds for a sector-wide Cambodian silk project, saying its approach was appropriate and well managed. Mao Thora, secretary of state for the Ministry of Commerce, publicly criticised the ITC during a seminar ...

http://www.phnompenhpost.com/2012122060382/Business/itc-defends-its-use-of-funds-claiming-silk-weavers-profiting.html

Royal Group to Import BMWs Into Cambodia

Cambodian conglomerate Royal Group will be the first authorized importer and dealer of BMW automobiles in the country, and has begun construction on a showroom and service center in Phnom Penh. Premium Auto Import Co. Ltd., a subsidiary of Royal Group, aims to import roughly 200 ...

http://www.cambodiadaily.com

Cambodia's Trade With South Korea Increasing

Trade between Cambodia and South Korea has risen by almost 40 percent in 2012, a South Korean trade official said. Ki Bong-moon manager of the trade and investment unit at the intergovernmental body the Asean-Korea Centre, said in an email on Sunday that trade between ...

http://www.cambodiadaily.com

Cambodia Boosting Efforts To Attract US Investors

Cambodia is ramping up efforts to attract US investment, especially because it benefits from trade preferences due to its status as a least-developed country, Cambodian Commerce Minister Cham Prasidh says. Cambodian products can be imported duty free to a number of markets, including Europe and ...

http://www.voacambodia.com/content/cambodia-boosting-efforts-to-attract-us-investors/1563626.html

Construction Revival Behind Import Growth

A 22.8 percent increase in the value of imports to Cambodia this year is partly due to a high demand for construction materials, a Commerce Ministry official said yesterday. In the first 11 months of 2012, total trade in and out of Cambodia reached $12.31 billion, ...

http://www.cambodiadaily.com

Cambodia's tax revenue totals $683 million

The Cambodian government collected $683 million in taxes over the first 11 months of this year, according to data from the General Department of Taxation released last week. An economist said the increase in domestic tax revenue emphasised that Cambodia still has room for improvement in ...

http://www.phnompenhpost.com/index.php/2012121160203/Business/tax-revenue-totals-683-million.html

MoU to strengthen co-operation between Cambodia and India

The Federation of Associations of Small and Medium Enterprises of Cambodia (FASMEC) is expected to sign a Memorandum of Understanding with the Confederation of Indian Industries (CII) today to strengthen the co-operation on human resource training and quality control, an insider said. The Sokha, deputy director ...

http://www.phnompenhpost.com/index.php/2012120760146/Business/mou-to-strengthen-co-operation-between-cambodia-and-india.html

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