Trade

Cambodia’s economy is expected to maintain the robust growth of over 7 percent this year even though the country is still trapped in political dispute and recovering from the aftermath of recent floods, senior officials and bankers said. But some analysts predicted that political trouble, coupled ...

An estimated 30,000 garment factory workers will resume work this morning after three days of strike action ended Wednesday when Svay Rieng provincial officials promised to help the strikers achieve their demands from factory owners. The mass strike led the owner of the Tai Seng Special ...

Cambodia’s Angkor Wat Temple, one of the world heritage sites, had received some 1.98 million international visitors in the first 11 months of 2013, up 8 percent from 1.83 million tourists over the same period last year, a tourism report said Wednesday. During the January-November ...

Local law and consulting firm HML, whose chairperson and founding partner is Hun Kimleng, a niece of Prime Minister Hun Sen and wife of National Police chief Neth Savoeun, has teamed up with Tokyo-based XAT Tax Corp. to form a consulting agency focused solely on ...

Prime Minister Hun Sen was scheduled to meet with Japanese counterpart Shinzo Abe in Tokyo on Sunday, a day after Japan and the member states of Asean agreed to ensure “freedom of overflight” in the region. The agreement will likely be taken as an affront by ...

Two Cambodian companies on Monday signed Memorandums of Understanding (MoU) with Chinese companies to invest in the agricultural sector. One deal was inked between Chan Sothea, general director of Cambodia’s Century Rice Group, and Ivan, managing director of Shengen Yonglongxin Industrial Company. Under the agreement, the two ...

The value of Cambodia’s overall trade volume for 2013 is expected to reach $16 billion, according to the former Minister of Economy and Finance, Keat Chhon. The figure comes to a 14.4 per cent rise from last year. ...

Cambodia exported 332,000 tonnes of rice in the first 11 months of the year, up 94 per cent year-on-year. The country exported rice to 63 countries and territories with Poland, France, Malaysia, Thailand, the Netherlands and China as its main importers, Vietnam News Agency (VNA) reports ...

A report released by a U.S. financial research firm today says that Cambodia lost an average of $133 million per year between 2002 and 2011 through crimes such as import and export tax evasion, illegal movements of money and smuggling. The report, released by Global Financial ...

Taxi drivers staged a large protest Wednesday at a customs checkpoint in Poipet City over customs officials’ demands for what the protesters said was an exorbitant tax on a small load of goods. At the checkpoint Wednesday, more than 50 taxi drivers blocked the road for ...

Eighty-four Chinese companies would have their products displayed for the first time in Cambodia’s annual Imports and Exports Exhibition to be held in Phnom Penh on Dec. 15-18, officials said Tuesday. Ouprum Vorak, deputy chief of the Trade Promotions Department at Cambodian Ministry of Commerce, said ...

The Sihanoukville Autonomous Port, Cambodia’s largest shipping facility, on Tuesday reported a 12 percent rise in cargo shipments in the first eleven months of 2013. The state-owned sea port had received 2.73 million tonnes of goods during the January-November period this year, up from 2.43 million ...

The offices of Herbalife, a so-called multilevel marketing company that has moved into the protein powder market in Cambodia, stand like a beacon of promise in Phnom Penh’s Prampi Makara district: Six stories of glass and white paneling, crisp lime-green signage and a four-story-high banner ...

International car rental operator Avis is bringing its brand to Cambodia and Laos, according to a statement released last week from local licensee RMA Group. If the deal is seen through, Avis would be the first global car rental company to compete in the Kingdom. The company ...

Trade between Cambodia and the United States was valued at 2.55 billion U.S. dollars in the first ten months of 2013, up 2 percent from 2.49 billion U.S. dollars over the same period last year, the figures of the U.S. Department of Commerce showed Friday. Cambodia’s ...

The largest fish harvest of the year is approaching, and Phnom Penh’s fish markets are about to get busy. In short, it’s December and so prahok season is upon us. A traditional Cambodian fish paste, prahok is made from fermented Siamese mud carp called trey riel in ...

Thirty-four delegates from the Rice Merchants’ Association of Hong Kong made their first visit to Cambodia on Wednesday to explore more opportunities in the local milled rice sector. David Van, deputy secretary general of the Alliance of Rice Producers and Exporters of Cambodia, said the point ...

An official at the Telecommunication Regulator of Cambodia (TRC) said Wednesday that the body plans to review and possibly lower the current minimum price per call after it recently ordered the country’s seven mobile phone operators to abide by a law that sets minimum call ...

Japan-based UD Trucks Corporation is planning on selling its new heavy duty transport vehicle, the 2013 UD Quester, in Cambodia. Volvo Group-owned UD Trucks also launched the latest versions of the UD Quon, UD Fuel Demonstrator, UD Quester and Volvo FH at the Tokyo Motor Show ...

Prime Minister Hun Sen and the visiting president of the China-Cambodia Friendship Association (CCFA) each planted a tree inside the Peace Palace compound in Phnom Penh on Wednesday to celebrate the 55th anniversary of diplomatic relations between the two countries. Gu Xiulian, president of the CCFA, ...

Well-known timber magnate Try Pheap is preparing to expand cross-country with a scheme that already gives him exclusive rights to buy all the wood felled on economic land concessions (ELCs) in Ratanakkiri province, a spokesman for the businessman said. The Agriculture Ministry’s Forestry Administration in February ...

The website of the International Ship Registry of Cambodia (ISROC), a private company based in South Korea that bought the rights from the government to register foreign vessels under the Cambodian national flag for $6 million, is no longer operating. The shutdown means that foreign vessels ...

Customs officers along Cambodia’s border have been instructed to increase their efforts to properly inspect and tax products coming into the country, which has increased the cost of imports and led to a rise in retail prices for a host of goods, government officials, businessmen ...

Cambodia’s cultural Siem Reap province and China’s eastern Jiangxi province have signed a memorandum of understanding (MoU) to strengthen cooperation in a number of fields, according to a copy of the MoU on Saturday. The deal was inked on Friday afternoon between Khim Bunsong, governor of ...