Economy and commerce
Trade
Cambodia’s 1 million tonne rice export target within reach
One of the cardinal reasons behind the Royal Government of Cambodia’s (RGC) confidence to transform the Kingdom into a high-middle-income country by 2030 and a high-income country by 2050 stems essentially from the government’s ambition to boost rice exports to 1 million tonne by 2025. ...
Mom Kunthear
https://www.khmertimeskh.com/501547260/cambodias-1-million-tonne-rice-export-target-within-reach/
Cambodia, Indonesia to expedite MoU on rice trading soon
With the trade volume between Cambodia and Indonesia exceeding $1 billion in 2023, the two countries on Thursday agreed to expedite the Memorandum of Understanding (MoU) on rice trade. ...
Mom Kunthear
https://www.khmertimeskh.com/501546079/cambodia-indonesia-to-expedite-mou-on-rice-trading-soon/
Cambodia exports nearly $97 mil worth of bananas in the first seven months
Cambodia has exported some 143,481 tonnes of bananas in the first seven months of this year, a decline of 20.59% over the same period in 2023, a report from the Ministry of Agriculture, Forestry, and Fisheries (MAFF) showed. ...
Khmer Times Staff
https://www.khmertimeskh.com/501545755/cambodia-exports-nearly-97-mil-worth-of-bananas-in-the-first-seven-months
Cambodia becomes world’s second largest producer of raw cashew nuts, CAC says
Cambodia has become the world’s second-largest producer of raw cashew nuts, with a total production of 830,000 tonnes in the last seven months of 2024, according to the report of the Cashew Nut Association of Cambodia (CAC). ...
Mom Kunthear
https://www.khmertimeskh.com/501543473/cambodia-becomes-worlds-second-largest-producer-of-raw-cashew-nuts-cac-says/
PPAP revenue increases 11.7%, profit dips 7.18%
Public-listed Phnom Penh Autonomous Port (PPAP) netted a revenue of $18.32 million in the first half of 2024, a rise of 11.7 percent, compared to the same period last year, according to the latest report it filed with the Cambodia Securities Exchange (CSX). ...
Manoj Mathew
https://www.khmertimeskh.com/501544119/ppap-revenue-increases-11-7-profit-dips-7-18/
Cambodia-Vietnam trade reaches $4.6 billion in the first seven months of 2024
Cambodia’s trade relations with Vietnam have seen significant growth in the first seven months of this year, with the total trade volume between the two neighbouring countries reaching over $4.6 billion. ...
Khmer Times Staff
https://www.khmertimeskh.com/501542137/cambodia-vietnam-trade-reaches-4-6-billion-in-the-first-seven-months-of-2024/
Justice ministry warns citizens against “colour revolution plotting"
The Ministry of Justice issued a stern warning that efforts to incite opposition to the Cambodia-Laos-Vietnam Development Triangle Area (CLV-DTA) cooperation are part of a broader scheme to instigate a colour revolution aimed at overthrowing the government. ...
Niem Chheng
https://www.phnompenhpost.com/politics/justice-ministry-warns-citizens-against-colour-revolution-plotting-
Cambodia’s int’l trade reaches over $31bn, up 15% in first 7 months
Cambodia’s foreign trade volume hit $31.18 billion in the first seven months of 2024, up 15% from $27.1 billion over the same period last year, according to an official report released on Saturday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501539306/cambodias-intl-trade-reaches-over-31bn-up-15-in-first-7-months/
Kampong Thom, Gyeongsangbuk-do ink MoU to bolster trade, tourism
Kampong Thom province and Gyeongsangbuk-do province of the Republic of Korea Saturday signed a Memorandum of Understanding (MoU) to further strengthen the partnership between the two countries including trade and investment, education, tourism and agriculture. ...
Mom Kunthea
https://www.khmertimeskh.com/501532239/kampong-thom-gyeongsangbuk-do-ink-mou-to-bolster-trade-tourism/
Vietnam increasing Cambodia’s electricity supply by 400MW
Vietnam will increase its electricity supply to Cambodia to 400 megawatts or more to boost the Kingdom’s economy and to help prevent blackouts or power shortages from occurring. ...
Khmer Times Staff
https://www.khmertimeskh.com/501530165/vietnam-increasing-cambodias-electricity-supply-by-400mw/
Cambodia’s bicycle exports decline 38%
Cambodia’s bicycle exports plummeted 38 percent year-on-year in the first half of 2024 with the export value going down to $205 million, according to a report released by the Ministry of Commerce. ...
Chea Vanyuth
https://www.khmertimeskh.com/501525297/cambodias-bicycle-exports-decline-38/
Cambodia’s trade with RCEP countries rose 14% H1 2024
Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) countries reached $16.9 billion in the first half of this year, up 14% from $14.8 billion over the same period last year, said a Ministry of Commerce’s report on Saturday. ...
Xinhua
https://www.khmertimeskh.com/501526316/cambodias-trade-with-rcep-countries-rose-14-h1-2024/
Challenges, progress in exporting Cambodia's fishery products to the EU
Cambodia’s fisheries sector, a source of income and employment for approximately 33,000 individuals – predominantly women – faces substantial challenges in exporting its products to the EU. ...
Hong Raksmey
https://www.phnompenhpost.com/business/challenges-progress-in-exporting-cambodia-s-fishery-products-to-the-eu
Cambodia, Thailand strengthen bilateral ties in key sectors
In a significant step towards enhancing bilateral relations, Cambodia and Thailand have committed to deepening their cooperation across various fields, emphasising practical results and a strategic partnership that prioritises the interests of their people. ...
Hang Punreay
https://www.khmertimeskh.com/501522645/cambodia-thailand-strengthen-bilateral-ties-in-key-sectors/
Cambodia-China trade sees robust growth in the first half of 2024
Cambodia and China have witnessed a substantial increase in bilateral trade during the first half of 2024, according to an official report released on Wednesday by the General Department of Customs and Excise. ...
Khmer Times Staff
https://www.khmertimeskh.com/501522267/cambodia-china-trade-sees-robust-growth-in-the-first-half-of-2024/
Even stronger ties: Cambodia and Vietnam pledge to enhance cooperation for mutual benefit
Vietnam’s President and the Cambodian Government have reaffirmed their commitment to strengthening bilateral relations and cooperation, driven by a shared cultural heritage and principles of good neighbourliness. Both sides aim to expand and deepen their partnership for the betterment of their peoples and nations. ...
Soth Koemsoeun
https://www.khmertimeskh.com/501522664/even-stronger-ties-cambodia-and-vietnam-pledge-to-enhance-cooperation-for-mutual-benefit/
GFT exports rise 17 percent in first half of 2024
Cambodia’s exports of garments, footwear and travel goods (GFT) increased by 16.89 percent in the first half of this year, compared to the same period last year, earning the country $6.15 billion, according to the trade data released by the General Department of Customs and ...
Manoj Mathew
https://www.khmertimeskh.com/501521386/gft-exports-rise-17-percent-in-first-half-of-2024/
Cambodia exports 50 percent more raw cashew nuts in first semester
Cambodia exported more than 545,000 tonnes of raw cashew nut in the first semester of 2024, an increase of 50 percent compared to the same period in 2023, said a report of the Ministry of Agriculture, Forestry and Fisheries (MAFF) on Wednesday. ...
Mom Kunthea
https://www.khmertimeskh.com/501521384/cambodia-exports-50-percent-more-raw-cashew-nuts-in-first-semester/
Rice exports surge in first half of 2024
Cambodia exported 338,654 tonnes of milled rice in the first six months of 2024, a year-on-year increase of 2.7 percent, the Cambodia Rice Federation (CRF) said on Tuesday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501520193/rice-exports-surge-in-first-half-of-2024/
Rice exports surge in first half of 2024
Cambodia exported 338,654 tonnes of milled rice in the first six months of 2024, a year-on-year increase of 2.7 percent, the Cambodia Rice Federation (CRF) said on Tuesday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501520193/rice-exports-surge-in-first-half-of-2024/
Cambodia and France exchange two MoUs on trade and education
Dr. Hun Manet, Prime Minister of Cambodia, presided over the opening ceremony of the three-day France-Cambodia Business Forum, held at the Sofitel Phokeethra Phnom Penh this morning. ...
Khmer Times Staff
https://www.khmertimeskh.com/501519296/cambodia-and-france-exchange-two-mous-on-trade-and-education/
Kingdom emerges biggest supplier of raw cashew nuts to Vietnam
Cambodia has knocked off Ivory Coast to become Vietnam’s biggest supplier of raw cashew nuts. Earlier it was the African nation that held the position. The General Department of Customs of Vietnam made the announcement on Saturday. ...
Jigme PaldenPazo
https://www.khmertimeskh.com/501519482/kingdom-emerges-biggest-supplier-of-raw-cashew-nuts-to-vietnam/
Cambodia and France exchange two MoUs on trade and education
Dr. Hun Manet, Prime Minister of Cambodia, presided over the opening ceremony of the three-day France-Cambodia Business Forum, held at the Sofitel Phokeethra Phnom Penh this morning. ...
Khmer Times Staff
https://www.khmertimeskh.com/501519296/cambodia-and-france-exchange-two-mous-on-trade-and-education/
Japan-Cambodia to build more cooperation in different sectors
Cambodian Deputy Prime Minister Sok Chenda Sophea, Minister of Foreign Affairs and International Cooperation, and visiting Minister for Foreign Affairs of Japan, Ms. Kamikawa Yoko, held a constructive bilateral talk on some keys to cooperation. ...
Khmer Times Staff
https://www.khmertimeskh.com/501519123/japan-cambodia-to-build-more-cooperation-in-different-sectors/