Trade
Exports
Cambodia’s rice under fire
Amid falling local production in Italy, officials there are calling on the European Union to scrap a preferential trade agreement that gives Cambodia’s rice exports duty-free advantages in the global market. According to a January 31 report from rice industry publication Oryza, members of the Italian ...
Hor Kimsay
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-rice-under-fire
EU Parliamentarian Finds Abuses Fueled by Trade Scheme
Sugar plantations that benefit from the European Union’s Everything But Arms (EBA) scheme, which allows preferential access to the E.U.’s market, have further impoverished Cambodia’s poor, and an investigation needs to be launched, a member of the European Parliament (MEP) said on Friday. Patrice Tirolien, MEP ...
Denise Hruby
http://www.cambodiadaily.com/news/eu-parliamentarian-finds-abuses-fueled-by-trade-scheme-51188/
India urges more trade action
The Indian ambassador to Cambodia is calling on the government to reduce exorbitant shipping costs and take better advantage of a tariff scheme that India offers, two obstacles that the diplomat says are discouraging bilateral trade. Ambassador Dinesh Patnaik said on Tuesday that Indian businesses exporting ...
Eddie Morton
http://www.phnompenhpost.com/business/india-urges-more-trade-action
Cambodian garment export earns 5.53 bln USD in 2013
Garment industry, Cambodia’s largest foreign currency earner, reported a 20 percent rise in exports last year, according to the figures of the Ministry of Commerce on Monday. The Southeast Asian nation exported apparel products in equivalent to 5.53 billion U.S. dollars last year, up 20 percent ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/27/c_133078498.htm
Cambodia's rubber export up 34 pct in 2013
Cambodia has seen a 34 percent rise in dry rubber export last year thanks to rising demand globally, the figures of the Ministry of Commerce showed Thursday. The country had exported 74,200 tones of dry rubber last year, up 34 percent from 55,344 tones in a ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-01/23/c_133068429.htm
Exports consistent for Cambodia’s ag sector
Cambodia exported 2.9 million tons of agricultural products last year, roughly the same as 2012, but experts say the figure does not reflect the huge potential for the market. According to official data from the Ministry of Agriculture, Forestry and Fisheries, exports included more than 1 ...
May Kunmakara
http://www.phnompenhpost.com/business/exports-consistent-cambodia%E2%80%99s-ag-sector
Cambodia produces 9.3 mln tonnes of paddy rice last year
Cambodia had produced 9.3 million tons of paddy rice in 2013, which was comparable to the amount in 2012, according to the report of the Ministry of Agriculture on Thursday. Hean Vanhorn, director of the single window secretariat for facilitating milled rice exports, called on ...
Global Times News Staff
http://www.globaltimes.cn/content/838958.shtml#.UuHaSMr-LIU
Cambodia's rice export to reach 1 mln tons in 2015: commerce minister
Cambodia’s Minister of Commerce Sun Chanthol said Tuesday that the country is expected to achieve its goal of exporting one million tons of milled rice in 2015. “The country had exported more than 400,000 tons in 2013 and there is two years more toward the goal, ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-01/21/c_133062965.htm
Food Vendors Feel the Bite of Soaring Inflation
Two months ago, Sok Sathya spent less than a dollar for a kilogram of oranges to sell from his sidewalk stall across from a row of garment factories in Phnom Penh’s Meanchey district. Now the same oranges cost Mr. Sathya, 39, more than 6,000 riel, or ...
Hul Reaksmey and Colin Meyn
http://www.cambodiadaily.com/news/food-vendors-feel-the-bite-of-soaring-inflation-50773/
Cambodia's trade with foreign countries reaches nearly 16 bln USD last year
Cambodia’s trade volume with foreign countries amounted to 15.9 billion U.S. dollars last year, up 18 percent compared with 13.4 billion U.S. dollars in a year earlier, according to the report of the Commerce Ministry on Wednesday. The country had exported products in equivalent to 6.9 ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-01/15/c_133046741.htm
Korean deal gives palm sugar farmers pay day
Palm sugar farmers in Kampong Speu province will soon export their goods to South Korea, the senior officer of a grower’s network said on Monday. Sam Saroeun, president of the Kampong Speu Palm Sugar Promotion Association, said an agreement with the Korea Trade Investment Promotion Agency ...
Chan Muy Hong
http://www.phnompenhpost.com/business/korean-deal-gives-palm-sugar-farmers-pay-day
Cambodia's rice export up 84 pct in 2013
Cambodia had exported some 379, 000 tonnes of milled rice last year, up 84 percent from 205,700 tonnes recorded in 2012, government data showed Saturday. Some 84 companies have exported rice to 66 countries and regions around the world, the data said, adding that France, Poland, ...
Asean - China Centre News Staff
http://www.asean-china-center.org/english/2014-01/06/c_133021753.htm
Fish exports up 10 per cent from 2012
Cambodia’s fish output rose 10 per cent in 2013 from a year earlier, according to figures from the Ministry of Agriculture, Forestry and Fisheries. Production reached 730,000 tonnes last year, Nao Thouk, director of the ministry’s fishery department, said yesterday. There were 550,000 tonnes of fresh ...
Hor Kimsay
http://www.phnompenhpost.com/business/fish-exports-10-cent-2012
Rice Exports Rise by More Than 170,000 Tons
Rice exports increased from 205,717 tons in 2012 to 378,856 tons in 2013 as a result of high demand from the European Union as well as countries in Asia, according to figures released Thursday by the Ministry of Agriculture. France imported the most Cambodian milled rice, ...
Hul Reaksmey
http://www.cambodiadaily.com/business/rice-exports-rise-by-more-than-170000-tons-49976/
Cambodia’s garments to ship piece by piece
Cambodia’s garment manufacturers might sell fabrics from unfinished clothing orders worth millions of dollars to factories offshore in a last-ditch attempt to meet looming buyer deadlines. The Garment Manufacturers Association in Cambodia (GMAC) issued a letter to the Cambodian government yesterday requesting it to “facilitate” exports ...
Eddie Morton and Hor Kimsay
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-garments-ship-piece-piece
Hun Sen, Tan Dung Sign 9 Agreements During Vietnam State Visit
Prime Minister Hun Sen on Thursday signed off on nine wide-ranging deals with his Vietnamese counterpart Nguyen Tan Dung during a state visit that ends Saturday, including arrangements to tighten media, public security and trade cooperation, according to Cambodian and Vietnamese state media. Cambodian state news ...
Zsombor Peter
http://www.cambodiadaily.com/news/hun-sen-tan-dung-sign-9-agreements-during-vietnam-state-visit-49735/
EU clarifies rice comments
While the European Union Trade Commissioner Karel De Gucht never told the Ministry of Commerce that Cambodian rice was “30 per cent” mixed with the same product from Vietnam, he did say Cambodia had to better ensure that its harvest was homegrown and not from ...
Eddie Morton and May Kunmakara
http://www.phnompenhpost.com/business/eu-clarifies-rice-comments
Rice Trader Claims Being Wrongly Fined Bad Scale to Measure Her Truck
A rice trader on Monday filed a complaint with the Anti-Corruption Unit, Prime Minister Hun Sen’s Cabinet and three ministries alleging that officials in Kompong Cham province had wrongly fined her for an overweight truck after using improperly weighted scales. Saing Darlin had her truck impounded ...
Hul Reaksmey
http://www.cambodiadaily.com/business/rice-trader-claims-being-wrongly-fined-bad-scale-to-measure-her-truck-49631/
Cambodia Rejects Rice Contamination Claims by EU
The Cambodian government and rice exporters have dismissed allegations that rice exports to the European Union (EU) countries are contaminated with rice from Vietnam. Commerce Ministry representative told local sources that while it is true that some Cambodia rice is processed in Vietnam to match ...
Oryza News Staff
http://oryza.com/news/cambodia-rejects-rice-contamination-claims-eu
Profits peeled at new centre
A pilot cashew-peeling factory in Kampong Thom province aims to make business easier for farmers who have traditionally relied upon sending their raw harvest elsewhere for processing. With $130,000 from the Asia Development Bank, the building went up in May on 3,600 square metres in Kampong ...
Hor Kimsay
http://www.phnompenhpost.com/business/profits-peeled-new-centre
EU Alleges Up to 30% of Cambodia Rice Imports Mixed With Vietnam Rice
The Alliance of Rice Producers and Exporters of Cambodia (ARPEC) has proposed a “Code of Conduct” for rice exporters of the country to prevent contamination of rice from other origins in rice exports to EU member countries. Under the Everything But Arms (EBA) trade ...
Oryza
http://oryza.com/news/eu-alleges-30-cambodia-rice-imports-are-mixed-vietnam-rice
Cambodian, Chinese firms ink deals to jointly invest in agriculture
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 ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-12/16/c_132972733.htm
For 2013, trade value to reach $16 billion
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. ...
Chan Muy Hong
http://www.phnompenhpost.com/business/2013-trade-value-reach-16-billion
Cambodia's Rice Exports Up 94 Per Cent In 11 Months
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 ...
Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=1000563