Economy and commerce
Trade
First firm issued RCEP CO exporting shoes to China
A shoe exporter has become the first company in Cambodia to receive a Certificate of Origin (CO) to export goods to China under the Regional Comprehensive Economic Partnership (RCEP) ratified in October last year. ...
Hom Phanet
https://www.phnompenhpost.com/business/first-firm-issued-rcep-co-exporting-shoes-china
DPM Men Sam An: Australia, Cambodia maintain strong political and trade ties
Deputy Prime Minister Men Sam An reaffirmed that the political and trade ties between Australia and the Kingdom of Cambodia remain strong. ...
Khmer Times Staff
https://www.khmertimeskh.com/501033694/dpm-men-sam-an-australia-cambodia-maintain-strong-political-and-trade-ties/
400K tonnes of cassava for SW China
Cambodia will export 400,000 tonnes of dried cassava to the Guangxi Zhuang Autonomous Region “from March 2022 to March 2023”, under a new agreement between the Ministry of Commerce and the southwestern Chinese region, according to the ministry. ...
Hin Pisei
https://www.phnompenhpost.com/business/400k-tonnes-cassava-sw-china
Cambodia third in RCEP income gains, growth in exports, WB says
Cambodia ranked third in both real income gains and export growth among Regional Comprehensive Economic Partnership (RCEP) members, according to the World Bank (WB). ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-third-rcep-income-gains-growth-exports-wb-says
Cambodia-China trade volume reaches $11.2 billion in 2021
According to Cambodia’s Commerce Minister Pan Sorasak, the trade volume between Cambodia and China reached nearly $11.2 billion in 2021. ...
Khmer Times Staff
https://www.khmertimeskh.com/501032773/cambodia-china-trade-volume-reaches-11-2-billion-in-2021-2/
Rice exports to China accounted for 50 percent of total rice exports in January
Rice exports to China accounted for 50 percent of total rice exports in January, an increase due to the high commitments from China through the signing of the Sixth Memorandum of Understanding (MoU) for 400,000 tons per year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501031695/rice-exports-to-china-accounted-for-50-percent-of-total-rice-exports-in-january/
Sihanoukville Autonomous Port Q4 net surges to $5.9 million
Sihanoukville Autonomous Port (PAS) recorded a net profit of $5.9 million for the fourth quarter in 2021 due to an increase in container throughput and foreign exchange gains. ...
Sok Sithika
https://www.khmertimeskh.com/501030709/sihanoukville-autonomous-port-q4-net-surges-to-5-9-million/
Cambodia, Malaysia to enhance trade and economic ties
Cambodia and Malaysia are looking forward to enhancing the cooperation in trade and economic ties. Prime Minister of Malaysia Datuk Seri Ismail Sabri Yaakob, who is in capital on a two-day official visit, is scheduled to have a royal audience with Cambodian King Norodom Sihamoni ...
Chea Vanyuth
https://www.khmertimeskh.com/501030560/cambodia-malaysia-to-enhance-trade-and-economic-ties/
Trade pacts will draw investment to Cambodia
The Regional Comprehensive Economic Partnership free trade pact and bilateral free trade agreements are among the key factors attracting foreign direct investment to Cambodia, a senior official says. ...
Khmer Times Staff
https://www.khmertimeskh.com/501028665/trade-pacts-will-draw-investment-to-cambodia/
Cambodia’s non-garment manufacturing product export amounts $4.5 billion last year
Cambodia’s non-garment manufacturing product export was valued at $4,541 million last year, 44.2 percent compared to the same period in a year before, according to figures from the General Department of Customs and Excises. ...
Chea Vanyuth
https://www.khmertimeskh.com/501025911/cambodias-non-garment-manufacturing-product-export-amounts-4-5-billion-last-year/
Cambodia’s garment export nets $11.3 billion in 2021
Despite facing challenges over raw material supplies, strict crossing border measures imposed by the deadly Covid-19, Cambodia’s garment sector saw the robust growth of export last year. ...
Chea Vanyuth
https://www.khmertimeskh.com/501025229/cambodias-garment-export-nets-11-3-billion-in-2021/
Cambodia’s export to Canada under free tariffs and free quotas reaches $954.82 million
Pan Sorasak, Minister of Commerce, met with Dr. Sarah Taylor, Ambassador of Canada to the Kingdom of Cambodia to enhance cooperation between the two countries and promote some priority areas. ...
Khmer Times Staff
https://www.khmertimeskh.com/501025343/cambodias-export-to-canada-under-free-tariffs-and-free-quotas-reaches-954-82-million/
Cambodia’s garment, footwear, travel goods exports up 15.2 pct in 2021
Cambodia’s garment, footwear and travel goods industry has seen a 15.2 percent rise in exports in 2021, according to a report from the General Department of Customs and Excise on Saturday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501024109/cambodias-garment-footwear-travel-goods-exports-up-15-2-pct-in-2021/
Capital’s airport records 28% cargo rise
Phnom Penh International Airport handled 55,000 tonnes of air freight in 2021, surging by about 28 per cent from a year earlier, according to a State Secretariat of Civil Aviation (SSCA) report. ...
Hom Phanet
https://www.phnompenhpost.com/business/capitals-airport-records-28-cargo-rise
Kingdom-United States trade tops $9.1 billion last year
The bilateral trade between Cambodia and the US amounted to $9,159 million in value in 2021, a 15.8 percent increase compared to the same period last year, according to a report the US Census Bureau issued on Wednesday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501022173/kingdom-united-states-trade-tops-9-1-billion-last-year/
Cambodia, Morocco plan business forum, keen to deepen ties: envoy
Cambodia and Morocco are planning a business forum geared towards expanding bilateral trade and investment cooperation, bridging investors of both countries, according to Cambodian ambassador to Thailand Ouk Sorphorn. ...
Hom Phanet
https://www.phnompenhpost.com/business/cambodia-morocco-plan-business-forum-keen-deepen-ties-envoy
Cross-border trade with Cambodia jumps 16.63 percent to 144.9 billion baht in 2021
Cross-border trade in 2021 between Thailand and Cambodia expanded by 16.63 percent to 144.9 billion bhat last year, am amazing achievement despite the borders being closed significantly last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501020980/cross-border-trade-with-cambodia-jumps-16-63-percent-to-144-9-billion-baht-in-2021/
King signs South Korea FTA ratification into law
The bill sailed through the National Assembly on December 29, the 9th Committee of the Senate on December 30, and the Senate on January 6. All votes were unanimous. The document was enacted into law by a Royal Code signed by the King on January ...
Hom Phanet
https://www.phnompenhpost.com/business/king-signs-south-korea-fta-ratification-law
Rice exports close January with a bang
Cambodia exported more than $96.3 million worth of milled and paddy rice in the first month of this year, providing positive signs for the industry on the whole, according to the Cambodia Rice Federation (CRF). ...
Post Staff
https://www.phnompenhpost.com/business/rice-exports-close-january-bang
Minister eyes durian exports to China, pushes for research
The Ministry of Agriculture is set to conduct a study on the phytosanitary requirements to export durian to China in the near future. ...
Hom Phanet
https://www.phnompenhpost.com/business/minister-eyes-durian-exports-china-pushes-research
‘Pra’ fish exports to China at hand
Chinese customs has given Cambodia three weeks to ensure that a list of shortcomings will be taken care of, as required by Beijing, before signing a formal protocol allowing the direct export of Cambodian “pra” fish to China. ...
Hom Phanet
https://www.phnompenhpost.com/business/pra-fish-exports-china-hand
RCEP trade pact takes effect in South Korea
The mega free trade pact of the Regional Comprehensive Economic Partnership took effect in South Korea on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501018289/rcep-trade-pact-takes-effect-in-south-korea/
Cambodia-Korea Free Trade Agreement Law promulgated
His Majesty King Norodom Sihamoni, King of the Kingdom of Cambodia, has signed into law the ratification of the Free Trade Agreement between Cambodia and South Korea on January 29, 2022, after it was cleared by the National Assembly and Senate. ...
Khmer Times Staff
https://www.khmertimeskh.com/501018386/cambodia-korea-free-trade-agreement-law-promulgated/
China trade increases by 37% to pass $11B in 2021
The trade volume between Cambodia and China reached more than $11.1 billion last year, representing a 37.28 per cent year-on-year surge, the Chinese embassy in Phnom Penh reported, quoting figures from the Ministry of Commerce. ...
Hom Phanet
https://www.phnompenhpost.com/business/china-trade-increases-37-pass-11b-2021