Economy and commerce
Trade
Heads meet to save regional rubber industry
Cambodian rubber industry representatives met with Asia’s major exporters of the commodity last week to set a floor price for natural rubber in an effort to salvage an industry suffering from plummeting values. ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/heads-meet-to-save-regional-rubber-industry-70004/
Vegetables get more attention
Cambodian authorities are stepping up inspection efforts of vegetable imports along the border after Vietnamese produce shipped to the European Union was found to contain harmful bacteria, an official from the Kingdoms import inspection unit said yesterday. Vietnamese media reported last week said that the European ...
Chan Muyhong
http://phnompenhpost.com/business/vegetables-get-more-attention
Cambodia's rice export sees slight increase in 9 months
Cambodia exported 269,370 tons of milled rice in the first nine months of 2014, up 1.2 percent from 266,123 tons over the same period last year, according to official data released Thursday. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-10/10/c_133703282.htm
Cambodia needs more investments and global integration – Moody's
Cambodia needs increased investments, and for that, deeper regional as well as global integration is crucial, Moody’s Investors Service has said. The B2 sovereign bond rating is constrained by the small size of the economy, low per capita income and high level of dollarization while robust ...
Boby Michael
http://www.ibtimes.co.uk/cambodia-needs-more-investments-global-integration-moodys-1467675
US-bound cargo from Cambodia to face enhanced scrutiny
Cargo headed to the U.S. from Cambodia will face added scrutiny due to what the U.S. Homeland Security calls inadequate security measures. According to the Cambodia Daily, U.S. authorities asked Cambodia ports to put additional security measures in place for several Cambodia ports in 2008, but ...
Corianne Egan
http://www.joc.com/port-news/asian-ports/us-bound-cargo-cambodia-face-enhanced-scrutiny_20140926.html
Cambodia's garment, footwear exports up 12.6 pct in 7 months
Garment and footwear industry, Cambodia’s largest income earner, reported a 12.6 percent rise in exports in the first seven months of 2014, according to the data of the Ministry of Commerce on Thursday. The country exported apparel and footwear products worth 3.47 billion U.S. dollars during ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-09/25/c_133672486.htm
Cambodia can gain a decent share in Chinese rice import market, say experts
A U.S. based agriculture consultancy firm has urged Cambodia rice exporters to focus on promoting their exports to the Chinese market as it has a huge untapped potential for more imports in the future, according to local sources. ...
Oryza News Staff
http://www.oryza.com/news/rice-news/cambodia-can-gain-decent-share-chinese-rice-import-market-say-experts
Cambodia holds construction, property expo as construction sector booms
An international construction and property exhibition kicked off here, in the capital city of Cambodia, on Wednesday as the country’s construction continued enjoying strong growth, officials said. Andrew Siow, chief executive officer of AMB Event-Cambodia, which organized the expo at the capital’s Diamond Island Exhibition Center, ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-09/10/c_133632913.htm
Cambodia imports construction materials worth 229 mln USD in first 6 months
Cambodia had spent about 229 million U.S. dollars buying construction materials from foreign countries in the first six months of 2014, up 3 percent from 223 million U.S. dollars over the same period last year, a report of the Ministry of Commerce said Tuesday. ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/140909/cambodia-imports-construction-materials-worth-229-mln-usd-fi
Cambodian deputy PM says strategic partnership with China creates more opportunities for businesses
The Comprehensive Strategic Partnership of Cooperation between Cambodia and China has been providing “more favourable conditions” for economic, trade and investment ties between the two countries, Cambodian Deputy Prime Minister and Cabinet Minister Sok An said on Sunday. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-09/07/c_126962873.htm
Cambodia exports 233,859 tons of rice in january-august 2014; down about 1% from last year
Cambodia exported about 233,859 tons of rice in January-August 2014, down about 1.2% from about 236,728 tons rice exported in the same period last year, according to data from the Secretariat of One Window Service for Rice Export Formality (SOWS-REF). Cambodia exported about 379,856 tons rice in all ...
Oryza News Staff
http://www.oryza.com/news/rice-news/cambodia-exports-233859-tons-rice-january-august-2014-down-about-1-last-year
Cambodia set to take second go at rice bid
Despite failing in its latest attempt to win the Philippine government’s bid to import rice, Cambodia will once again throw its hat into the ring when the offer is reissued, industry representatives said yesterday. ...
Chan Muyhong
http://phnompenhpost.com/business/cambodia-set-take-second-go-rice-bid
Russia pledges duty-free trade
Russia is set to approve duty- and quota-free imports for up to 3,000 Cambodian agricultural products, according to local government officials. A statement issued by Cambodia’s Ministry of Commerce on Friday states that Russia’s Minister for Economic Development, Alexey Ulyukaev, agreed in principal to increase the ...
Chan Muyhong and Charles Rollet
http://phnompenhpost.com/business/russia-pledges-duty-free-trade
Call to cap CP’s export of swine
A livestock industry representative has called on the government to cap Cambodia’s only live pig export company’s trade with Laos, citing shortages in the local market. CP Cambodia, a subsidiary of the Thai conglomerate CP Global, exported some 25,000 head of live swine – boars, sows ...
Chan Muyhong
http://www.phnompenhpost.com/business/call-cap-cp%E2%80%99s-export-swine
Cambodian rat meat: A growing export market
A unique harvest is under way in the rice fields of Cambodia where tens of thousands of wild rats are being trapped alive each day to feed a growing export market for the meat of rural rodents. Popularly considered a disease-carrying nuisance in many societies, the ...
Kevin Doyle
http://www.bbc.com/news/world-asia-28863315
Aus live cattle bound for Cambodia
AUSTRALIAN live cattle exporters today warmly welcomed news that Cambodia is the latest market to open for Australian live cattle exports. Australian and Cambodian government veterinary authorities have reached agreement on animal health certification requirements, paving the way for the start of trade in feeder and ...
Penelope Arthur
http://www.queenslandcountrylife.com.au/news/agriculture/cattle/beef/aus-live-cattle-bound-for-cambodia/2709179.aspx
Quality control to lift exports
China will work with Cambodian officials to broaden the range of agricultural products that the Asian economic giant allows to be imported from the Kingdom, government officials said yesterday. Ken Ratha, spokesman for the Ministry of Commerce, confirmed that China’s General Administration, Quality Supervision, Inspection and ...
Chan Muyhong
http://www.phnompenhpost.com/business/quality-control-lift-exports
Thai military arrests Poipet border traders
Sixteen Cambodian border traders were imprisoned by the Thai military over the weekend after they were caught smuggling shoes and clothing illicitly bearing registered trademarks across the Poipet City border crossing on Saturday. The traders, who supply the Rong Kluea border market in Thailand’s Sa Kaeo ...
Saing Soenthrith
http://www.cambodiadaily.com/news/thai-military-arrests-poipet-border-traders-66689/
Cambodia's rice export down 1.6 pct in 7 months
Cambodia exported 204,000 tons of milled rice in the first seven months of 2014, down 1.6 percent from 207,370 tons over the same period of last year, according to official data released on Tuesday. Sixty-four companies have brokered Cambodian rice for 54 countries and regions around ...
ASEAN-China Center News Staff
http://www.asean-china-center.org/english/2014-08/14/c_133556101.htm
Cambodia, US trade up in first half of year
Trade data from the US shows Cambodian exports to the world’s largest economy increased 6 per cent during the first six months of the year. As of June 30, Cambodian exports to the US totalled $1.4 billion, up from $1.32 billion recorded during the same six-month ...
Hor Kimsay
http://www.phnompenhpost.com/business/cambodia-us-trade-first-half-year
Chinese firm to open 1st duty free store in Cambodia
China Duty Free Group (CDFG) announced Monday that it has invested in a downtown duty free store in Cambodia’s cultural Siem Reap City and the store will be launched in December. “CDFG’s Cambodian subsidiary will firstly start its downtown duty free store of 4,500 square meters ...
Ecns.cn News Staff
http://www.ecns.cn/business/2014/08-12/129128.shtml
China signs 100,000-tonne rice import agreement
The Chinese government-run China National Cereals, Oils and Foodstuffs Corporation (COFCO) will today formally agree to import 100,000 tonnes of rice from Cambodia, local officials say. Representatives from COFCO and Green Trade Co, a Cambodian government-owned agriculture firm, today met in Beijing to sign the agreement, ...
Chan Muyhong
http://www.phnompenhpost.com/business/china-signs-100000-tonne-rice-import-agreement
ASEAN FMs reiterate continued commitment to realizing ASEAN Community
Foreign ministers of the Association of Southeast Asian Nations (ASEAN) on Sunday reiterated their continued commitment to the realization of ASEAN Community by 2015 and beyond. They pledged their commitment in the joint communique issued on the final day of their 47th annual meeting in Nay ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-08/10/c_133546154.htm
Brunei imports more than 3,000 tonnes of Cambodian rice
Brunei has imported 3,003 metric tonnes of Jasmine rice from Baitang, Cambodia, said the Supply and State Stores Department, Ministry of Finance. ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZDNiNTVkYjU4ODA