Economy and commerce
Trade
Business councils talk Thai trade
Two Bangkok-based business councils have demonstrated their commitment to join forces and ensure frictionless cross-border trade between Cambodia and Thailand amid tightened border controls imposed in the harsh times of the Covid-19 pandemic. ...
May Kunmakara
https://www.phnompenhpost.com/business/business-councils-talk-thai-trade
Agri-exports surge 55% in Jan-Feb
Cambodia exported a total of 1,599,922.37 tonnes of major non-milled-rice agricultural products in the first two months of this year, an increase of 569,493.88 tonnes or 55.27 per cent compared to the same period in 2020, according to Minister of Agriculture, Forestry and Fisheries Veng ...
Thou Vireak
https://www.phnompenhpost.com/business/agri-exports-surge-55-jan-feb
2020 bilateral trade with China reaches $8.2 billion
Data from the Ministry of Commerce showed Cambodia exported $1.086 billion of goods to China, a year-on-year increase of 8.1 percent. Cambodia’s 2020 imports from China were valued at $7.031 billion, a contraction of 6.9 percent compared with 2019 figures. ...
Chea Vanyuth
https://www.khmertimeskh.com/50820988/2020-bilateral-trade-with-china-reaches-8-2-billion/
Trade with EU valued at $3.8 billion in 2020
Data from the Ministry of Commerce showed that in 2020 Cambodia exported $3.203 billion of goods to the EU and imported $659 million from the trade bloc. ...
Chea Vanyuth
https://www.khmertimeskh.com/50819696/trade-with-eu-valued-at-3-8-billion-in-2020/
Cambodia, Timor-Leste to boost economic cooperation
Because trade between Cambodia and Timor-Leste remains low, the governments of both nations have decided to work towards boosting bilateral economic and business activities, according to a statement from the Ministry of Foreign Affairs and International Cooperation. ...
Sok Chan
https://www.khmertimeskh.com/50819248/cambodia-timor-leste-to-boost-economic-cooperation/
Mango farms set for China checks
The General Directorate of Agriculture said it had submitted a list of 25 mango farms and three treatment facilities to the Chinese General Administration of Customs for sanitary and phytosanitary inspections. ...
Thou Vireak
https://www.phnompenhpost.com/business/mango-farms-set-china-checks
India trade tumbles 26% in 2020
The trade value between Cambodia and India saw a dramatic 25.81 percent reduction last year to $190.13 million from 2019’s $256.26 million as the Kingdom embarked on a feasibility study for a free trade agreement (FTA). ...
Hin Pisei
https://www.phnompenhpost.com/business/india-trade-tumbles-26-2020
Ministry urges for registration of mango farms for exports
The Ministry of Agriculture, Forestry and Fisheries has urged farmers to register their mango farms for certification to exports. This was reminded in the ministry’s press release issued recently, adding that the registration of mango farms is also intended to stabilise the price of the ...
Lim Nary/AKP
https://www.khmertimeskh.com/50818315/ministry-urges-for-registration-of-mango-farms-for-exports/
Exports to China gain modest 8% in 2020
Cambodia’s total export value to China extended its winning streak last year, weathering supply chain disruptions due to the Covid-19 outbreak. ...
May Kunmakara
https://www.phnompenhpost.com/business/exports-china-gain-modest-8-2020
PM seeks Philippine boost to Cambodia’s rice sector
Prime Minister Hun Sen has asked the Philippines to consider buying more Cambodian rice or investing in the rice sector here. ...
Khmer Times Staff
https://www.khmertimeskh.com/50815554/pm-seeks-philippine-boost-to-cambodias-rice-sector/
Cambodia’s rubber export reach $85 million in January
Cambodia exported some 52,711 tonnes of rubber in January, generating around $85 million for the national income. ...
Khmer Times Staff
https://www.khmertimeskh.com/50814911/cambodias-rubber-export-reach-85-million-in-january/
Cambodia requests for export of more Cambodian agricultural products to EU market
Cambodia has urged the European Chamber of Commerce in Cambodia (EuroCham) to help boost the export of Cambodian agricultural products to the EU market. ...
Khmer Times Staff
https://www.khmertimeskh.com/50815349/cambodia-requests-for-export-of-more-cambodian-agricultural-products-to-eu-market/
Cambodia-South Korean bilateral trade recovering
Bilateral trade between Cambodia and South Korea has started to recover following a decline in 2020 from the COVID-19 pandemic. ...
Chea Vanyuth
https://www.khmertimeskh.com/50814996/cambodia-south-korean-bilateral-trade-recovering/
Kingdom-Japan trade slips 8% in 2020
Bilateral trade between Cambodia and Japan was worth $2.09957 billion last year, down 8.45 per cent from 2019, data from Japan External Trade Organisation (JETRO) show. ...
Thou Vireak
https://www.phnompenhpost.com/business/kingdom-japan-trade-slips-8-2020
Cash-crop exports 200K tonnes in January
Cambodia exported 203,485 tonnes of seven major cash crops last month, according to a report by the Ministry of Agriculture, Forestry and Fisheries. The ministry lists these as milled rice, natural rubber, corn, cashew nuts, peppercorn, as well as fresh bananas, chillies and mangoes. ...
Thou Vireak
https://www.phnompenhpost.com/business/cash-crop-exports-200k-tonnes-january
Cambodia, U.S. reaffirm commitment to continue close cooperation
Cambodia and the United States of America have confirmed their commitment to continue strengthening their bilateral cooperation, especially in the field of trade. ...
Khmer Times Staff
https://www.khmertimeskh.com/50815354/cambodia-u-s-reaffirm-commitment-to-continue-close-cooperation/
Cambodia, UK discuss sustainable investment opportunity in Cambodia
Cambodia and the United Kingdom (UK) have convened a meeting to discuss a sustainable investment opportunity in Cambodia. The meeting took place through a video conference under the presidency of Sok Chenda Sophea, Minister Attached to Prime Minister and Secretary General of the Council for ...
Lim Nary /AKP
https://www.khmertimeskh.com/50813485/cambodia-uk-discuss-sustainable-investment-opportunity-in-cambodia/
Trade with ASEAN up 22% in 2020, hits $11.3B
The value of trade exchange between Cambodia and other ASEAN member states dramatically skyrocketed last year, hitting $11.330 billion even with flight and border restrictions in full force amid the Covid-19 pandemic. ...
May Kunmakara
https://www.phnompenhpost.com/business/trade-asean-22-2020-hits-113b
Amru celebrates 10th anniversary
Over the last decade since the government established a rice promotion policy in 2010, locally-owned rice miller and exporter Amru Rice (Cambodia) Co Ltd has become one of the game changers in driving milled-rice exports and transforming the Kingdom into a key rice exporter in ...
May Kunmakara
https://www.phnompenhpost.com/business/amru-celebrates-10th-anniversary
Trade with EAEU surges 18%
Bilateral trade between Cambodia and the Eurasian Economic Union (EAEU) was worth $67.37 million last year, marking an increase of 18.22 per cent compared to 2019’s $56.98 million, according to data from the Ministry of Commerce. ...
Hin Pisei
https://www.phnompenhpost.com/business/trade-eaeu-surges-18
Skyrocketing shipping costs threaten exports
The Kingdom’s exporters have expressed deepening concerns about spiraling shipping costs, which could diminish this year’s trade figures if prolonged. ...
Hin Pisei
https://www.phnompenhpost.com/business/skyrocketing-shipping-costs-threaten-exports
Over 10,000 Cambodian products can be exported to China under CCFTA
Under the Cambodia-China Free Trade Agreement (CCFTA), Cambodia can export more than 10,000 items to China, which in turn could export over 8,000 items to Cambodia ...
Khmer Times Staff
https://www.khmertimeskh.com/50812421/over-10000-cambodian-products-can-be-exported-to-china-under-ccfta/
Cambodian exports to US show strength in 2020
Cambodia’s 2020 exports to the US remained strong despite the COVID-19 pandemic crisis as the Kingdom’s exports to its other primary trading partners declined. Figures from the US Census Bureau showed that Cambodia exported $6.577 billion of goods to the world’s largest economy, a year-on-year ...
Chea Vanyuth
https://www.khmertimeskh.com/50811365/cambodian-exports-to-us-show-strength-in-2020/
Three mango farms qualify for Chinese SPS checks
The Ministry of Agriculture, Forestry and Fisheries plans to submit a list of three mango farms to experts at China’s General Administration of Customs for a check of their meeting sanitary and phytosanitary standards (SPS). ...
Chea Vanyuth
https://www.khmertimeskh.com/50810884/three-mango-farms-qualify-for-chinese-sps-checks/