Trade
Exports
Italy demands ‘fairer’ rice deal
Italy has demanded that the European Union restrict Cambodia’s duty-free import status, as concerns over the survival of that country’s rice sector appear to be reaching a fever pitch. According to rice industry website Oryza, the Italian government has officially submitted a request to the EU ...
Eddie Morton
http://www.phnompenhpost.com/business/italy-demands-%E2%80%98fairer%E2%80%99-rice-deal
Cambodia sees 16 pct rise in garment, footwear exports in 6 months
Garment and footwear industry, Cambodia’s largest income earner, saw a 16 percent increase in exports in the first six months of 2014, according to a commerce ministry’s report on Sunday. The country exported apparel and footwear products worth 2.92 billion U.S. dollars during the January-June period ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-07/20/c_133497592.htm
Cambodia sees 1.41 bln USD trade deficit in 1st half of 2014
Cambodia has seen a trade deficit of 1.41 billion U.S. dollars in the first six months of this year, the latest report of the Ministry of Commerce showed Monday. Total trade volume reached 8.95 billion dollars during the January-June period this year, an increase of 17 ...
Asean-China-Center News Staff
http://www.asean-china-center.org/english/2014-07/15/c_133484829.htm
New Association seeks to improve rice market
Cambodian farmers are looking toward a new organization to help them get the best prices for their rice, but many are skeptical disparities between farmers and traders can be overcome. The Cambodian Rice Federation was started in May, bringing together disparate companies, associations and farmers in ...
Suy Heimkhemra
http://www.voacambodia.com/content/new-association-seeks-to-improve-rice-market/1957023.html
Italy steps up fight against Cambodian rice
Rice farmers in Italy plan to block four major grain exchanges in the country this week over what they say is the European Union’s failure to keep Italian rice competitive against that of cheaper Asian rivals including Cambodia, which is given duty-free access to European ...
George Styllis
http://www.cambodiadaily.com/business/italy-steps-up-fight-against-cambodian-rice-63945/
Global brands linked to latest shamed garment factory
Italian sportswear brand Kappa and U.S.-based retail giant Walmart apparently source clothing from the latest addition to the International Labor Organization’s (ILO) list of low-compliance factories, according to a union leader at the factory who provided the branded tags from the clothing her members cut ...
Sun Heng and Holly Robertson
http://www.cambodiadaily.com/news/global-brands-linked-to-latest-shamed-garment-factory-63900/
Cambodia must to strengthen its agriculture
Cambodia has accelerated its agricultural growth dramatically over the last several years, but agricultural sector in this developing country still depends on its neighboring countries. What are the reasons behind this dependence? During these past years, many businessmen, both foreign and local, are investing a large ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NjBhMmRmZDM0Yjg
Italy millers slam ‘unfair’ EBA
Cambodia duty-free rice exports to the European Union have this week come under fresh attack from producers in Italy, who say the beneficial treatment is restricting the potential of Italian rice exports. An Italian agriculture collective of farmers, which includes representatives from the Italian Association of ...
Daniel de Carteret
http://www.phnompenhpost.com/business/italy-millers-slam-%E2%80%98unfair%E2%80%99-eba
Cambodia exports 177,928 tons of rice in January-June, 2014; up 1% from last year
Cambodia exported about 177,928 tons of rice in first half of calendar year 2014, up about 1% from about 175,959 tons rice exported in the same period last year, according to data from the Secretariat of One Window Service of Rice Export Formality (SOWS-REF). ...
Oryza News Staff
http://oryza.com/news/rice-news/cambodia-exports-177928-tons-rice-january-june-2014-1-last-year
EU ban on Cambodian fish remains in place
More than one year after its fish products were banned from Europe, the industry and government has done little to ensure it will be lifted. The ban, instituted in early 2013, has hurt potential fish exports to a potentially lucrative trade partner. But EU officials say Cambodia ...
Suy Heimkhemra
http://www.voacambodia.com/content/eu-ban-on-cambodian-fish-remains-in-place/1952962.html
Rice export target a big task
The pace of Cambodia’s rice exports are expected to slow this year. Unable to maintain the steady rate of previous years, the export volume for the first half of 2014 is much the same as it was this time last year. At the end of June, ...
Hor Kimsay
http://www.phnompenhpost.com/business/rice-export-target-big-task
Acacia chip exports to receive tax break: PM
The tax imposed on the export of acacia chips is to be abolished to help boost exports of the locally grown raw product, Prime Minister Hun Sen announced on Monday. Speaking at the grand opening of Aeon Mall, Hun Sen said that acacia chips exported to ...
Chan Muyhong
http://www.phnompenhpost.com/business/acacia-chip-exports-receive-tax-break-pm
Cambodia reports 1.14 bln USD trade deficit in 1st five months
Cambodia recorded a trade deficit of 1.14 billion U.S. dollars in the first five months of 2014, a latest report by the Ministry of Commerce showed Wednesday. Total trade value jumped to 7.32 billion U.S. dollars during the January-May period this year, an increase of 17 ...
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=226339
Cambodia fears tough competition for long-grain rice exports from India
Cambodia rice exporters are fearing that the Indian government’s decision to release 5 million tons of rice in the open market to control price hikes may have a spill over effect on global rice exports, according to local sources. ...
Oryza News Staff
http://oryza.com/news/rice-news/cambodia-fears-tough-competition-long-grain-rice-exports-india
India’s rice dump may impact local exports
With the Indian government set to inject five million tonnes of rice in to its domestic market, Cambodia’s rice producers fear that any spillover into the global rice trade may impact local exports. David Van, acting secretary-general of a newly established Cambodia Rice Federation, said ...
May Kunmakara
http://www.phnompenhpost.com/business/india%E2%80%99s-rice-dump-may-impact-local-exports
Thailand says border trade rising between Surin and Oddar Meanchey
Border trade between Surin province in Thailand and Oddar Meanchey province in Cambodia is rising following military measures, the National News Bureau of Thailand said Sunday. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=MDY1YTgxYjYzOTh
Surin Chamber of Commerce: Thai-Cambodia border trade surges
The Surin Chamber of Commerce has revealed that border trade between Thailand and Cambodia has risen since the National Council for Peace and Order (NCPO) launched a number of measures on politics, the economy, society, and security. ...
National News Bureau of Thailand
http://thainews.prd.go.th/centerweb/newsen/NewsDetail?NT01_NewsID=WNECO5706220010004
Cambodian, Thai companies ink deal to build 50 mln USD rice mill
Cambodia’s Soma Group and Thailand’s C.P. Intertrade on Thursday signed a joint-venture agreement to build a sophisticated rice milling and refining factory in the western Kampong Speu province of Cambodia. The deal was inked between Sok Puthyvuth, chief executive officer of Soma Group, and Prasit Damrongchietanon, ...
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=225245
Feed plant in Pailin to aid farmers’ stockpiles
Pailin province’s $5 million animal-feed processing plant and warehouse is to finish construction in the next three months and it is a welcomed development for the local farming community. The plant’s owner, Chea Kea, who also owns Diamond Crown casino on the border with Thailand in ...
Chan Muyhong
http://www.phnompenhpost.com/business/feed-plant-pailin-aid-farmers%E2%80%99-stockpiles
Rice piles up as exports slow
Lagging demand from foreign buyers has led to Cambodian rice being stockpiled at the country’s mills, according to the head of the country’s peak rice body. Sok Puthyvuth, president of the Cambodia Rice Federation (CRF), said that with exporters receiving fewer orders, the country’s larger rice ...
Hor Kimsay
http://www.phnompenhpost.com/business/rice-piles-exports-slow
Cambodia: Garment and textile exports grow in Q1
Despite lapses in factory safety and ongoing labour unrest, Cambodian exports of garments and textiles grew 9% in the first three months of the year. According to data from the Garment Manufacturers Association in Cambodia (GMAC), Cambodia exported US$1.17bn worth of garments and textiles between January ...
Katie Smith
http://www.just-style.com/news/garment-and-textile-exports-grow-in-q1_id122051.aspx
Gov’t continues to seek new markets
The Ministry of Commerce has vowed to uncover more markets for Cambodian products to help buffer against price fluctuations caused by the Kingdom’s dependency on neighboring countries. In a response to concerns raised on social media, Commerce Minister Sun Chanthol wrote on the ministry’s official Facebook ...
Chan Muyhong
http://www.phnompenhpost.com/business/gov%E2%80%99t-continues-seek-new-markets
Italy seeks to halt EU imports of duty-free Cambodian rice: report
Italy plans to lobby the European Union to halt duty-free imports of rice from Cambodia to protect local rice growers and millers, an industry source says. In a report Thursday, oryza.com said Italy was preparing to submit a report to Brussels saying that Cambodian rice was ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NjBkNGJjNWM0ZDR
Bilateral trade with Malaysia up 17.6 percent
Bilateral trade between Cambodia and Malaysia increased during the first quarter this year by 17.6 percent compared to the same period last year, a Malaysian official said Tuesday. Trade increased from $89.63 million to $105.4 million, Rasazlan Abdul Rashid, the Malaysian ambassador to Cambodia, told a ...
Kang Sothear
http://www.cambodiadaily.com/business/bilateral-trade-with-malaysia-up-17-6-percent-61078/