Trade

Cambodian Prime Minister Hun Sen on Monday urged Chinese companies to focus their investments in processing plants for agricultural products in order to help increase the country’s productivity for exports. The premier made the suggestion during a meeting with a visiting Chinese delegation led by Wang ...

The volume of cargo shipments going through the Sihanoukville Autonomous Port (PAS), the biggest deep-water port in Cambodia, saw a 16 per cent year-on-year increase in the first nine months of this year, data released by the port on Friday show. About 2.27 million tonnes of ...

Despite the disputed territory near Phra Viharn Temple, Thai-Cambodian border trade is still normal as 150,000 billion baht cash flow is expected by the end of 2013. According to the Thai Chamber of Commerce (TCC), border trade along the disputed area around Phra Viharn Temple ...

Cambodia has seen a trade deficit of 1.48 billion U.S. dollars in the first nine months of 2013, according to the Commerce Ministry’s data on Friday. The total import and export volume was valued at 11.82 billion U.S. dollars during the January-September period this year, up ...

Danish beer giant Carlsberg, a partner in Cambodia’s largest brewery, Cambrew, said it is not concerned by a call to boycott its popular Angkor Beer brand over a partner company’s investment in a Laos dam. Ben Morton, vice president of Carlsberg’s international media relations and issues ...

Despite concerns that political uncertainty would be a drag on the economy, Cambodia’s garment exports continued on an upward trend in the first nine months of the year, the latest data show. Though volume increased, factory profit margins were squeezed due to labour disputes and demands ...

Carabao Tawandang, the manufacturer of Carabao Dang energy drinks, plans to open factories in Myanmar and Cambodia within the next three to five years. Managing director Sathien Setthasit yesterday said the company would also increase the production capacity of its Thai factory by 40 per cent, ...

More than 55,000 people have joined an online petition set up by a pair of French nongovernment groups urging the European Union (E.U.) to immediately launch an investigation into local sugar plantations accused of illegally evicting hundreds of Cambodian families. At the center of the dispute ...

Mong Reththy Group is co-investing $2 million to build a factory in Preah Sihanouk province for the packaging and export of Cambodian mangoes, the first company to formally ship the fruit overseas. Located in Koe Phos commune, the factory will cover 12 hectares of land and ...

Environmental groups and a local community leader in Stung Treng province have called for a nationwide boycott of the popular Angkor Beer brand to protest the beverage company’s links to a controversial hydro­power dam to be built in Laos. Laos announced earlier this month that it ...

Garment industry, Cambodia’s largest income earner, reported a 22-percent increase in exports in the first nine months of 2013, showed the data of the Ministry of Commerce released on Tuesday. During the January-September period this year, the country had exported garment products in equivalent to $4.2 ...

The 2013 Vietnam-Cambodia trade fair will commence on Nov 14 in Cambodia’s capital city Phnom Penh, said a representative from the Defence Ministry at a press briefing on Friday According to the organising board, some 200 Vietnamese enterprises have registered with more than 300 booths ...

Cargo shipment entering and leaving Cambodia through the Phnom Penh Autonomous Port increased by 20 percent in the first nine months of 2013 thanks to growing business activities, according to port’s data released on Saturday. During the January-September period this year, the kingdom’s second largest port ...

Philippine Airlines continues to pursue talks to form a new Cambodian flag carrier with local telecommunications, banking and property tycoon Kith Meng despite missing a deadline to close the deal for a second time this week, its top executive said. PAL president Ramon S. Ang said ...

Hung Hiep (Cambodia) Co., the only company in Cambodia licensed to import Mercedes-Benz luxury vehicles, said Monday it would no longer make repairs to new lines of Mercedes vehicles that are smuggled into the country. Company officials said the move is to reduce scams and repair ...

Cambodia held an inter- ministerial meeting on Monday to discuss and prepare documents for a talk with China in November in order to further enhance bilateral ties and cooperation, officials said. Koy Kuong, spokesman for the Ministry of Foreign Affairs, said that the Monday’s meeting ...

Cambodia’s Special Economic Zones (SEZs) have received a total investment of 1.65 billion US dollars since their inception in 2006, according to a government report released on Friday. Since 2006 to now, the zones have attracted 172 investment projects, mostly from China, South Korea and Japan, ...

Cambodia’s factories are moving away from producing the most basic clothing items and diversifying to manufacture more intricate products for international buyers. As the garment sector has grown over the past decade, most garment factories have stuck to producing items such as T-shirts and jeans due ...

A local company has begun working in cooperation with ABA bank to streamline payments for services such as electricity bills and mobile phone top-ups by allowing people to pay through its website, mobile applications and electronic kiosks. PayGo SEA (Cambodia) Co. Ltd., which operates under the ...

Cambodia’s rice exports roughly doubled in the first nine months of this year compared with the same period in 2012, according to government data released yesterday. But the figures aren’t big enough to meet official goals for 2013. The numbers show that exports of fragrant rice ...

Prime Minister Hun Sen left Monday to attend the 23rd ASEAN summit as well as other related meetings in Brunei, said Srey Thamrong, a minister attached to Hun Sen. The summits held from October 9-10 will include the 23rd ASEAN Summit, 16th ASEAN-Japan Summit, 16th ...

ASX-listed Indochine Mining has completed the first part of a A$26.3-million capital raising, and has signed a deal with fellow-listed Capital Mining to dispose of an 85% shareholding in its wholly owned subsidiary, which owns gold assets in Cambodia. Earlier this month, the precious metals developer ...

The two-way trade between Cambodia and Japan has hit $503 million in the first eight months this year, up 24 percent over the same period last year, the figures from the Japan External Trade Organization said Tuesday. Cambodian exports to Japan rose 39 percent to $358 ...

Cambodia’s GDP growth was projected to reach 7 percent in equivalent to 15.65 billion U.S. dollars in 2013 despite a challenging global economic environment, the World Bank said Monday. Overall macroeconomic outlook remains positive, having sustained agricultural growth, continued strong performance of the tourism sector, a ...