Economy and commerce
Trade
Ministry onboards Cambodia Post to e-marketplace
The Ministry of Commerce plans to integrate state-owned Cambodia Post’s transportation system into CambodiaTrade.com, looking to make the distribution and delivery process easier, faster and safer for small- and medium-sized enterprises (SME) and consumers that buy merchandise on the e-marketplace. ...
May Kunmakara
https://www.phnompenhpost.com/business/ministry-onboards-cambodia-post-e-marketplace
Spice community ready to enter into Mena region
The Cambodia Pepper and Spices Federation (CPSF), in collaboration with USAID-funded Feed the Future Cambodia Harvest II project (Harvest II), on September 20 virtually launched the “Export Mission to the Middle East and North Africa” programme. ...
Hin Pisei
https://www.phnompenhpost.com/business/spice-community-ready-enter-mena-region
Senate approves draft laws on RCEP, bilateral FTA with China
The senate on September 20 unanimously passed (38-0) two draft laws authorising the ratification of the Regional Comprehensive Economic Partnership (RCEP) agreement and the bilateral Cambodia-China Free Trade Agreement (CCFTA). ...
Thou Vireak
https://www.phnompenhpost.com/business/senate-approves-draft-laws-rcep-bilateral-fta-china
USAID-funded online export platform boosts Cambodian exports to MENA markets
The Cambodia Pepper and Spices Federation (CPSF) in collaboration with USAID-funded Feed the Future Cambodia Harvest II “Harvest II” launched on Monday the “Virtual Export Mission to the Middle East and North Africa”, a new digital export programme aiming to provide significant assistance and expertise ...
Khmer Times Staff
https://www.khmertimeskh.com/50939326/usaid-funded-online-export-platform-boosts-cambodian-exports-to-mena-markets/
Korea FTA planned to be signed in October
Minister of Commerce Pan Sorasak plans to lead a delegation to South Korea next month to sign the Cambodia-Korea Free Trade Agreement (CKFTA), if the Covid-19 situation permits, according to a senior official. ...
May Kunmakara
https://www.phnompenhpost.com/business/korea-fta-planned-be-signed-october
Garment exports net $5 billion in eight months
The value of exports of garment and accessories from Cambodia rose by 3.3 percent to $5.021 billion in the first eight months of this year, compared with 4.861 billion during the corresponding period last year, according to the statistics from the Ministry of Commerce. ...
Chea Vanyuth
https://www.khmertimeskh.com/50937900/garment-exports-net-5-billion-in-eight-months/
Garment, footwear, travel goods exports $7B
Cambodia sold more than $6.8186 billion worth of garments, footwear and travel products on international markets in the first eight months of 2021, according to the Ministry of Commerce. ...
Thou Vireak
https://www.phnompenhpost.com/business/garment-footwear-travel-goods-exports-7b
Kingdom, China make inroads on agriculture export controls
Negotiations on sanitary and phytosanitary (SPS) commitments for a number of potential Cambodian agricultural exports to China have made remarkable progress at a brisk pace, according to the Kingdom’s top agriculture official on September 13. ...
Thou Vireak
https://www.phnompenhpost.com/business/kingdom-china-make-inroads-agriculture-export-controls
Vietnam to impose zero percent tax on 31 commodities imported from Cambodia
Vietnam will impose a zero percent tax rate on 31 commodities imported from Cambodia such as live poultry, poultry meat and by-products, lemons and rice. ...
Khmer Times Staff
https://www.khmertimeskh.com/50935115/vietnam-to-impose-zero-percent-tax-on-31-commodities-imported-from-cambodia/
Cambodia boosting agricultural product exports to China
The sanitary and phytosanitary standard on potential agricultural products are being negotiated to boost more exports from Cambodia to China. ...
Khmer Times Staff
https://www.khmertimeskh.com/50934440/cambodia-boosting-agricultural-product-exports-to-china/
Eight month exports valued at 11.08 bn
Cambodia’s exports in the first eight months this year saw a decrease, official figures showed. Its exports were worth $11.086 billion, inching down 5.3 percent compared with the same period last year, according to a study by the Ministry of Commerce. ...
Chea Vanyuth
https://www.khmertimeskh.com/50934036/eight-month-exports-valued-at-11-08-bn/
Vietnam becomes leading market of Cambodia’s cashew nuts
Vietnam was the largest market of Cambodia’s cashew nuts in the first eight months of 2021. ...
Khmer Times Staff
https://www.khmertimeskh.com/50933602/vietnam-becomes-leading-market-of-cambodias-cashew-nuts/
The commerce minister reaffirms trade cooperation with Singapore
Cambodia and Singapore have reaffirmed their commitment to continue strengthening cooperation on trade and investment. Commerce Minister Pan Sorasak held a videoconference with Singapore’s Trade and Industry Minister Gan Kim Yong on Tuesday. ...
Michael Firn
https://www.khmertimeskh.com/50931917/the-commerce-minister-reaffirms-trade-cooperation-with-singapore/
Fresh mango exports up 251 percent in first eight months
The export of Cambodian fresh mangoes to international markets saw a remarkable increase of 251 percent to 163,828 tonnes during the first eight months of this year. ...
Khmer Times Staff
https://www.khmertimeskh.com/50931274/fresh-mango-exports-up-251-percent-in-first-eight-months/
Export of Cambodian longans to China imminent
Cambodian Minister of Agriculture, Forestry and Fisheries, Veng Sakhon, has said that China’s General Administration of Customs had recently released its list of quarantine pests in regard to the export of Cambodian longans to China. ...
Khmer Times Staff
https://www.khmertimeskh.com/50931204/export-of-cambodian-longans-to-china-imminent/
Bicycle exports jump nearly 25% so far this year
Cambodian bicycle manufacturers earned more than $400 million from exports in the year to Aug 31, according to the Commerce Ministry. Shipments were 24.5 percent higher than the first eight months of 2020. If overseas demand remains strong, 12-month exports are likely to exceed last ...
Michael Firn
https://www.khmertimeskh.com/50931087/bicycle-exports-jump-nearly-25-so-far-this-year/
Business bodies to up Cambodia-Thai trade, investment
Cambodia Business Council in Thailand (CBC) and Thai Business Council in Cambodia (TBCC) entered into an official partnership to promote trade and investment between the two neighboring Southeast Asian nations. ...
May Kunmakara
https://www.phnompenhpost.com/business/business-bodies-cambodia-thai-trade-investment
More Cambodian farm produce enters Vietnam
Cambodia exported much bigger volumes of agricultural products to Vietnam in the first eight months of this year, said the Vietnam Trade Office in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/50930456/more-cambodian-farm-produce-enters-vietnam/
Cambodia’s seven-month exports to US surge 27 percent
Cambodia’s exports were valued at $4,298 million in the first seven months of this year, a year-on-year increase of 26.8 percent, according to data from the US Census Bureau. ...
Chea Vanyuth
https://www.khmertimeskh.com/50929929/cambodias-seven-month-exports-to-us-surge-27-percent/
Vietnam trade passes $6B in Jan-Jul
The bilateral trade volume between Cambodia and Vietnam topped $6 billion in the first seven months of 2021, more than doubling over the same period last year even, as both countries amp up their battles against the novel coronavirus and its more virulent variants. ...
Thou Vireak
https://www.phnompenhpost.com/business/vietnam-trade-passes-6b-jan-jul
Cambodia’s pepper exports soar over 500 percent in first eight months
Cambodia has exported 24,847 tonnes of pepper to foreign markets in the first eight months of this year, according to Veng Sakhon, Minister of Agriculture, Forestry, and Fisheries. ...
Khmer Times Staff
https://www.khmertimeskh.com/50928495/cambodias-pepper-exports-soar-over-500-percent-in-first-eight-months/
Cashew exports grows by 340 percent
Figures from the Ministry of Agriculture, Forestry and Fisheries show that from January to August 2021, Cambodia exported about 876,521 tonnes of cashew products to foreign markets, a significant increase of 340 percent compared to the same period the previous year. ...
Khmer Times Staff
https://www.khmertimeskh.com/50928483/cashew-exports-grows-by-340-percent/
Kingdom’s largest rice exporter leads farmers in diversifying crops
Amru Rice, Cambodia’s largest producer and exporter of the grain, is working with its farmers to diversify beyond the country’s largest agriculture product and grow other foodstuffs, including black pepper, cassava and cashews. ...
Husain Haider
https://www.khmertimeskh.com/50926884/kingdoms-largest-rice-exporter-leads-farmers-in-diversifying-crops/
Cambodia Trade to launch in weeks
Cambodia Trade, an online marketplace for small and medium enterprises (SMEs), is scheduled to operate officially in weeks after 16 firms were approved by the Ministry of Commerce to display their products. ...
Chea Vanyuth
https://www.khmertimeskh.com/50926885/cambodia-trade-to-launch-in-weeks/