Economy and commerce
Trade
Cambodia sees nearly $700 million in profits from bicycle exports in nine months
From January to September 2022, Cambodia earned nearly $700 million from bicycle exports, as the sector continues to grow. ...
Khmer Times Staff
https://www.khmertimeskh.com/501168715/cambodia-sees-nearly-700-million-in-profits-from-bicycle-exports-in-nine-months/
Cambodia earns $7 billion from goods export to US
Cambodia exported $7 billion worth of goods to the US market in the first nine months of this year, a year-on-year increase of 29.4 percent, according to a report of the General Department of Customs and Excise (GDCE) report this week. ...
Chea Vanyuth
https://www.khmertimeskh.com/1168743/cambodia-earns-7-billion-from-goods-export-to-us/
Cambodia garment exports rise 24% to $10.25 billion
Cambodia earned $10.25 billion from exports of garment products – clothes, footwear, and travel goods – during the January-September period of this year, a year-on-year increase of 24 percent, according to a report from the General Department of Customs and Excise yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501168112/cambodia-garment-exports-rise-24-to-10-25-billion/
Inflation nears 8 percent, riel depreciates, trade deficit narrows in June
Cambodia’s inflation has risen to 7.85 percent in June 2022 compared on a year-on-year basis to 7.17 percent the previous month, which was the highest in the last decade, while the value of Riel has fallen 0.07 percent to 4,091 riel per US dollar and ...
Kang Sothear
https://www.khmertimeskh.com/501166675/inflation-nears-8-percent-riel-depreciates-trade-deficit-narrows-in-june/
2027 extension for ‘Better Factories’ inspection regime
The government and the US-based International Labour Organisation (ILO) have agreed to continue their cooperation and renew their MOU that will extend the “Better Factories Cambodia” (BFC) 2023-2027 programme. ...
Lay Samean
https://www.phnompenhpost.com/national/2027-extension-better-factories-inspection-regime
Cambodia imports oil, gas products worth $2.84 billion in first 9 months
Cambodia imported oil and gas products worth $2.84 billion in the first nine months of 2022, up 66 percent from $1.71 billion in the same period last year, according to a report from the General Department of Customs and Excise on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501166331/cambodia-imports-oil-gas-products-worth-2-84-billion-in-first-9-months/
Cambodia’s trade reach $41 billion, increase of 18 percent in first 9 months
Cambodia’s foreign trade volume reached $41 billion in the first nine months of 2022, up 18 percent from $34.76 billion in the same period last year, an official report showed on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501166339/cambodias-trade-reach-41-billion-increase-of-18-percent-in-first-9-months/
Cambodia, Cuba ink agreements on culture, sports as PMs explore prospects for co-op
Cambodia and Cuba on October 4 signed two memoranda of understanding (MoU): one on a cultural exchange programme and the other on cooperation in physical education, culture and sports. ...
Jan-Aug iron, steel imports up 20% on-year
Cambodia imported $244.754 million worth of “iron and steel” in the first eight months of 2022, up 19.97 per cent from the $204.018 million recorded over the same time in 2021, according to Customs. ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-aug-iron-steel-imports-20-year
Kingdom, Vietnam hail rise in bilateral trade despite Covid-19 pandemic
Cambodia and Vietnam have welcomed the rise in bilateral trade despite the Covid-19 pandemic and stressed their commitment to increase trade cooperation further. ...
Chea Vanyuth
https://www.khmertimeskh.com/501161999/kingdom-vietnam-hail-rise-in-bilateral-trade-despite-covid-19-pandemic/
Cambodia, UK to strengthen bilateral trade ties
Good diplomatic cooperation had led to a significant increase in trade between the two countries. Cambodian exports to the UK increased 42 percent to over $627 million. ...
Sok Sithika
https://www.khmertimeskh.com/501159802/cambodia-uk-to-strengthen-bilateral-trade-ties/
Korea ratifies Free Trade Agreement
The Korean National Assembly has ratified a free trade agreement with Cambodia that will boost the Kingdom’s exports in a raft of areas. ...
Chhorn Raksmey
https://kiripost.com/stories/korea-ratifies-free-trade-agreement
Vietnam, Cambodia trade climbs to record level of $7.7 billion
Trade between Vietnam and Cambodia reached a record $7.7 billion in the first eight months of the year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501157761/vietnam-cambodia-trade-climbs-to-record-level-of-7-7-billion/
Cambodia discusses cooperation promotion with Gambia and Brazil
Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation of Cambodia Prak Sokhonn had separate bilateral meetings with his counterparts from Gambia and Brazil to exchange views on promoting bilateral relations, in New York City, USA on Sept. 22, on the sidelines of ...
Khmer Times Staff
https://www.khmertimeskh.com/501157032/cambodia-discusses-cooperation-promotion-with-gambia-and-brazil/
South Korean investor body explores local opportunities
Cambodia is looking to drum up interest among Korean investors in the production of goods in the Kingdom for export to their home market, and push bilateral trade beyond current levels – $549.930 million in the first eight months of 2022, up by 6.42 over ...
Hin Pisei
https://www.phnompenhpost.com/business/south-korean-investor-body-explores-local-opportunities
Cambodia earns over $544 million from exports of rubber, rice in first 8 months
Cambodia had made a total of $544.1 million from the exports of dry rubber and milled rice during the first eight months of 2022, according to official reports on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501154882/cambodia-earns-over-544-million-from-exports-of-rubber-rice-in-first-8-months/
Pakistan’s President underscores importance to realize investment, trade, business potential with Cambodia
President Dr Arif Alvi has underscored the need for fully realizing the immense potential for investment, trade and business between Pakistan and Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501154902/pakistans-president-underscores-importance-to-realize-investment-trade-business-potential-with-cambodia/
ASEAN seeks stronger economic partnerships with RoK, Russia
Economic ministers of ASEAN countries and the Republic of Korea (RoK) discussed the directions of negotiations for the upgrade of the ASEAN-Korea Free Trade Agreement (AKFTA) during their consultation meeting in Siam Reap, Cambodia, on September 16 within the framework of the 54th ASEAN Economic ...
Khmer Times Staff
https://www.khmertimeskh.com/501152439/asean-seeks-stronger-economic-partnerships-with-rok-russia/
SSEZ imports, exports surpass $1.7B in January-August
The volume of imports and exports handled at the Sihanoukville Special Economic Zone (SSEZ) clocked in at $1.749 billion in the first eight months of 2022, marking a 27.39 per cent rise year-on-year from $1.373 billion, according to the operator. ...
Hin Pisei
https://www.phnompenhpost.com/business/ssez-imports-exports-surpass-17b-january-august
Cambodian PM encourages trade expansion in AFTA and RCEP framework
Hun Sen, Prime Minister of the Kingdom of Cambodia, has encouraged ASEAN to expand trade within the framework of ASEAN Free Trade Area (AFTA) and Regional Comprehensive Economic Partnership (RCEP). ...
Khmer Times Staff
https://www.khmertimeskh.com/501151276/cambodian-pm-encourages-trade-expansion-in-afta-and-rcep-framework/
Jan-Aug Japan trade surges 17%
Bilateral trade between Cambodia and Japan in the first eight months of 2022 rose by more than one-sixth on-year, in a trend expected to carry into the foreseeable future, largely driven by agricultural exports from the Kingdom. Still, the business community is calling for greater ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-aug-japan-trade-surges-17
Guatemala and Cambodia to foster culture and trade cooperation
The Republic of Guatemala is committed to further promote the cooperation on culture and trade with Cambodia. The commitment was made by Carlos Humberto Jiménez Licona, newly-appointed Ambassador of the Republic of Guatemala to Cambodia, while paying a courtesy call on Cambodian Acting Head of ...
Khmer Times Staff
https://www.khmertimeskh.com/501150469/guatemala-and-cambodia-to-foster-culture-and-trade-cooperation/
Cambodian longan to be directly exported to China
The Kingdom of Cambodia is now able to directly export its longan to the Chinese market, Chinese Embassy in Cambodia said yesterday evening. ...
Khmer Times Staff
https://www.khmertimeskh.com/501148024/cambodian-longan-to-be-directly-exported-to-china/
China, EU remain potential markets for Cambodia’s agri products
China and the European markets remain the potential markets for Cambodia’s agricultural products, said key insiders, urging exporters and companies to focus on those two big markets for their processing of agricultural products. ...
Chea Vanyuth
https://www.khmertimeskh.com/501145311/china-eu-remain-potential-markets-for-cambodias-agri-products/