Trade

The Kingdom’s rice exports saw a 1.5 per cent drop last year compared to 2017 due to the industry’s lingering challenges – the cost of production and competition with the international market. Ministry of Agriculture, Forestry and Fisheries figures show that the country exported 626,225 ...

Those wishing to export their goods to the EU under the tax-free preferential scheme, Everything but Arms (EBA), are no longer required to apply for a Certificate of Origin (CO), according to a joint announcement from the ministries of Commerce, and Economy and Finance on ...

Longmate Agriculture Co has announced that it will conduct a test shipment of bananas to the Chinese market next month, which will be followed by the company’s first official shipment to China in February. ...

Salt imports from China are expected to sell at $100 per tonne in the Cambodian market, $25 more per tonne than local salt, according to the Salt Producers Community of Kampot-Kep (SPCKK). ...

The Ministry of Commerce generated more than $82 million this year in customs and public services, according to the ministry’s annual report. ...

The Kingdom’s total exports for this year increased more than 23 per cent from last year to $10.36 billion, led by garments and agro-products, according to the Ministry of Commerce’s annual report. ...

An assessement of plans to build a groundbreaking trade logistics centre west of Phnom Penh will begin soon, the Ministry of Public Works and Transportation said. An early stage feasibility analysis of the Phnom Penh Logistics Complex is set to begin early next year, supported ...

Cambodia’s parliament is reviewing a five-year ban on more than 100 members of the main opposition party, which could allow them to return to politics, following threats by the European Union to deny duty-free trading access to the Southeast Asian nation. ...

The first deliveries of salt from China arrived on Tuesday at Sihanoukville port after an agreement for a 30,000-tonne import was inked last month, said Bun Baraing, the co-president of the Salt Producers Community of Kampot-Kep (SPCKK). ...

Malaysian companies are set to explore export opportunities for chemicals and chemical products in Vietnam and Cambodia through Malaysia External Trade Development Corp signature export promotion programme, Export Acceleration Mission. ...

Both Cambodia and Myanmar heavily depend on the European Union’s duty and quota free trade agreement. But the European bloc believes it is time that these countries address human rights abuses. ...

Cambodia’s three major sugar companies produced 120,126 tonnes of raw sugar in the first nine months of this year, said a Ministry of Industry and Handicraft report. It said Rui Feng (Cambodia) International Co Ltd produced 56,664 tonnes, Yellow Field (Cambodia) International Ltd (51,420 tonnes) ...

The potential cancellation of the Everything-but-arms (EBA) scheme will not have an impact on development projects in Cambodia funded by the European Union, according to George Edgar, the EU Ambassador to Cambodia. ...

The government has formed a new federation for the country’s pepper industry to enhance the market and solve challenges in the sector, as the cash crop is currently facing depressed prices. The Cambodia Pepper and Spice Federation was jointly formed last Friday by the Ministries ...

Bilateral trade between Cambodia and Thailand reached $3.16 billion in the first nine months – an increase of 14.08 per cent year-on-year. Imports to Cambodia were worth $2.65 billion, representing a 19.26 per cent increase in contrast with exports to Thailand that was valued at ...

Cambodia’s garment exports grew by 10.73 percent in the first half of 2018 and are projected to remain strong despite a European Union threat to withdraw duty-free trading access, official data showed on Wednesday. ...

Kampong Speu Palm Sugar, which has a geographical indication (GI) status, is seeing lower production due to a labour shortage. Kampong Speu Palm Sugar Promotion Association (KSPSPA) president, Sam Saroeun, said on Tuesday that production fell from 300 tonnes last year to 250 tonnes this ...

Moody’s Investors Services has warned that Cambodia’s potential loss of its Everything But Arms (EBA) preferential trade access to the EU would weaken its economic growth and lead to a credit negative, a report released on Saturday says. It notes that while Cambodia maintained its ...

After meeting with the European Commission, Prime Minister Hun Sen said he had expected that Cambodia would one day lose its access to the bloc’s “Everything But Arms” (EBA) preferential trade agreement and had “already requested low interest” loans from China, Japan, South Korea and ...

Cambodian rubber exports surged 22 per cent during the first nine months of the year, compared to the same period last year, figures from the Ministry of Agriculture said. Local producers exported 140,303 tonnes of rubber during the period – an increase of 25,240 tonnes ...

A senior Labour Ministry official said a withdrawal of the preferential Everything But Arms (EBA) trade agreement with the EU would not hurt the Kingdom’s economy. Ministry spokesman Heng Suor said the government had prepared plans in the event of an EBA withdrawal. However, he ...

EU officials have confirmed that it will take a total of 18 months to complete the procedure if Cambodia’s preferential Everything But Arms (EBA) trade agreement is to be withdrawn. According to EU Agriculture and Rural Development spokesman Daniel Rosario, the formal process has not ...

Cambodia will ink an agreement with China next week to import 30,000 tonnes of salt by the end of November, said co-president of the Kep-Kampot Salt Producers Community (KKSPC) Ly Sang. Sang told The Post on Monday that the KKSPC will receive Ministry of Industry ...

Cambodia imported about $15 billion worth of gold during five years from Singapore, according to government statistics compiled by nongovernmental organization Mother Nature Cambodia — a figure so large, corruption monitor groups say it raises alarms about potential financial crimes, particularly smuggling. ...