Sluggish industry growth affects Cambodia’s economic outlook as improved tourism recovery expected to boost Cambodian exports

The Asian Development Bank (ADB) has lowered its economic growth forecast for Cambodia to 5.3 percent, down from the earlier prediction of 5.5 percent. The main reason for this revision is the slower-than-expected growth in the industrial sector. This information was included in the ADB’s ...

Khmer Times Staff
https://www.khmertimeskh.com/501363717/sluggish-industry-growth-affects-cambodias-economic-outlook-as-improved-tourism-recovery-expected-to-boost-cambodian-exports/

Turkish delegation to arrive next week

A high-level delegation from Turkiye is set to visit Phnom Penh for an official visit, aimed at strengthening ties between the two countries, particularly in the area of trade. Their arrival is expected next week, although no exact date has been specified. ...

Van Socheata
https://www.phnompenhpost.com/national/turkish-delegation-arrive-next-week

Fresh Cambodian coconuts, Venezuelan avocados approved to enter China

Chinese customs authorized imports of fresh coconuts from Cambodia and fresh avocados from Venezuela starting on Monday, according to a notice by China’s General Administration of Customs (GAC). ...

Khmer Times Staff
https://www.khmertimeskh.com/501363495/fresh-cambodian-coconuts-venezuelan-avocados-approved-to-enter-china/

Cambodia plans to increase export of milled rice to China by 20%

Cambodia is planning to increase its milled rice exports to China by 20 percent, Prime Minister Hun Manet said yesterday dismissing critics who are sceptical about the increasing bilateral trade ties between both nations. ...

Nhean Chamrong
https://www.khmertimeskh.com/501363031/cambodia-plans-to-increase-export-of-milled-rice-to-china-by-20/

Cambodia imports oil, and gas products worth $2.28 billion in the first eight months of the year

Cambodia’s imports of oil and gas products totaled $2.28 billion during the January-August period this year, down 9.5 percent from last year, according to a report from the General Department of Customs and Excise on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501362703/cambodia-imports-oil-and-gas-products-worth-2-28-billion-in-the-first-eight-months-of-the-year/

Cambodia imports oil, and gas products worth $2.28 billion in the first eight months of the year

Cambodia’s imports of oil and gas products totaled $2.28 billion during the January-August period this year, down 9.5 percent from last year, according to a report from the General Department of Customs and Excise on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501362703/cambodia-imports-oil-and-gas-products-worth-2-28-billion-in-the-first-eight-months-of-the-year/

Cashew exports to Vietnam decline 16%, says CAC

Cambodia exported 607,000 tonnes of Raw Cashew Nuts (RCN) to Vietnam in the first eight months of 2023 earning $820 million, a decrease of 15.8 percent compared to the same period last year. ...

Nheng Chamrong
https://www.khmertimeskh.com/501361913/cashew-exports-to-vietnam-decline-16-says-cac/

Kingdom-Philippines trade to cross $100 million this year

Trade between Cambodia and the Philippines is poised to cross the $100 million mark this year too as the economic ties between the two ASEAN Member States are growing stronger. ...

Manoj Mathew
https://www.khmertimeskh.com/501361715/kingdom-philippines-trade-to-cross-100-million-this-year/

China ready to bolster Belt and Road cooperation, Cambodia benefits immensely

Premier Li Qiang stressed China’s readiness to bolster Belt and Road cooperation and uphold the centrality of the Association of Southeast Asian Nations in regional affairs during separate meetings with leaders of Laos, Vietnam, Indonesia and Malaysia over the weekend. ...

Khmer Times Staff
https://www.khmertimeskh.com/501362710/china-ready-to-bolster-belt-and-road-cooperation-cambodia-benefits-immensely/

China, ASEAN eye closer ties as expo, summit opens

Premier Li Qiang reaffirmed on Sunday Beijing’s commitment to a neighborhood policy of amity, sincerity, mutual benefit, and inclusiveness in bolstering ties with the Association of Southeast Asian Nations, calling for a closer bond of interests between China and the 10-nation regional group. ...

Khmer Times Staff
https://www.khmertimeskh.com/501362741/china-asean-eye-closer-ties-as-expo-summit-opens/

Cambodian Rice Federation reports record rice exports, on track to reach 1 million tonnes by 2025

Cambodia is poised to achieve its goal of exporting 1 million tonnes of rice annually by 2025, as indicated by the country’s rice exports reaching over 400,000 tonnes in the first eight months of the year. ...

Khmer Times Staff
https://www.khmertimeskh.com/501361211/cambodian-rice-federation-reports-record-rice-exports-on-track-to-reach-1-million-tonnes-by-2025/

Manet highlights importance of regional trade at China-ASEAN expo

Prime Minister Hun Manet addressed the opening ceremony of the 20th China-ASEAN Expo in Nanning, China, on September 16, expressing his belief that amid growing global uncertainties, the expo would provide an opportunity for the attendees to forge closer relations while helping to promote sustainable ...

Post Staff
https://www.phnompenhpost.com/business/manet-highlights-importance-regional-trade-china-asean-expo

Prime Minister Manet discusses economic collaboration at CAEXPO

Prime Minister Hun Manet would have become one of the four heads of government of the Association of Southeast Asian Nations (ASEAN) member states to attend the 20th China-ASEAN Expo (CAEXPO) on Sunday in the southern city of Nanning, Guangxi region of China. ...

Khmer Times Staff
https://www.khmertimeskh.com/501361218/prime-minister-manet-discusses-economic-collaboration-at-caexpo/

Cambodia’s trade with China crosses $8 billion

China remained the biggest trading partner of Cambodia in the January to August period this year and the trade between the two countries reached $8.09 billion by the end of last month showing an increase of 1.1 percent compared to the same period in 2022. ...

Manoj Mathew
https://www.khmertimeskh.com/501359586/cambodias-trade-with-china-crosses-8-billion/

CDC urges Xiamen investors to tap vast opportunities in Kingdom

The Council for the Development of Cambodia (CDC) has sought investments from potential investors from China’s Xiamen city of the Fujian province amid the Kingdom setting records in terms of Foreign Direct Investments (FDIs) during the current year. ...

Nheng Chamrong
https://www.khmertimeskh.com/501359497/cdc-urges-xiamen-investors-to-tap-vast-opportunities-in-kingdom/

India critical to Cambodia’s FTA expansion plans

The emerging superpower India stands as a high potential for the Kingdom’s Free Trade Agreement (FTA) expansion plans, a leading Cambodian academician and international development expert has opined. ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501359583/india-critical-to-cambodias-fta-expansion-plans/

Cambodia’s exports to S’pore rise by 555% in Jan-Aug

Cambodia’s exports to Singapore rose by an impressive 554.8 percent in the January to August period this year compared to the same period in 2022 – from $72.83 million to $476.90 million. ...

Manoj Mathew
https://www.khmertimeskh.com/501359846/cambodias-exports-to-spore-rise-by-555-in-jan-aug/

RCEP to help Cambodia achieve 2030 goal

The Regional Comprehensive Economic Partnership (RCEP) will help Cambodia to achieve its goal of becoming an upper middle-income country by 2030, said Sok Siphana, Senior Minister in Charge of International and Multilateral Trade and Economic Relations. ...

Chea Vanyuth
https://www.khmertimeskh.com/501359847/rcep-to-help-cambodia-achieve-2030-goal/

Cambodia’s exports to S’pore rise by 555% in Jan-Aug

Cambodia’s exports to Singapore rose by an impressive 554.8 percent in the January to August period this year compared to the same period in 2022 – from $72.83 million to $476.90 million. ...

Manoj Mathew
https://www.khmertimeskh.com/501359846/cambodias-exports-to-spore-rise-by-555-in-jan-aug/

Bangladesh, Pakistan, Cambodia, Vietnam face $65 billion apparel export hit from extreme weather

Extreme heat and flooding could erase $65 billion in apparel export earnings from four Asian countries by 2030, as workers struggle under high temperatures and factories close, research from Schroders and Cornell University showed on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501360053/bangladesh-pakistan-cambodia-vietnam-face-65-billion-apparel-export-hit-from-extreme-weather/

Cambodia-US 8-month trade slips 5%

Exports from Cambodia to the US in the first eight months of 2023 dipped 4.8 per cent to $6.1 billion, compared to the same period in 2022, according to the General Department of Customs and Excise of Cambodia (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-us-8-month-trade-slips-5

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