Trade
Exports
Government Sold National Ship Registry Rights
Cambodia has no control over Cambodian-flagged ships complicit in illegal activities on the high seas as the government sold the authority to register ocean-going vessels, under Cambodia’s national flag, to a company in South Korea for $6 million, a Council of Ministers official claimed Thursday. On ...
Denise Hruby and Kuch Naren
http://www.cambodiadaily.com/news/government-sold%E2%80%88national-ship-registry-rights-48186/
EU Fish Ban Blamed on Cambodian-Flagged Vessels
A ban on imports of Cambodian seafood proposed by the European Commission (E.C.) is in direct response to Cambodian-flagged vessels complicit in illegal fishing in international waters, Jean-Francois Cautain, European Union (E.U.) ambassador to Cambodia, said Wednesday. The E.C. on Tuesday announced that Cambodia was “non-cooperating ...
Denise Hruby
http://www.cambodiadaily.com/news/eu-fish-ban-blamed-on-cambodian-flagged-vessels-48065/
Cambodia's trade with China's Hong Kong up 19 pct in 9 months
Trade between Cambodia and China’s Hong Kong Special Administrative Region has seen a 19- percent growth in the first nine months of the year thanks to robust bilateral trade ties, Benjamin Chau, deputy executive director of the Hong Kong Trade Development Council, said here Wednesday. ...
Asean-China-Center News Staff
http://www.asean-china-center.org/english/2013-11/28/c_132926075.htm
EU's fish import ban not harming Cambodia's export: official
The European Commission’s proposed ban on fish imports from Cambodia would cause no harm to the country’s fish exports since it has never sold fish to European countries, a Cambodian fisheries chief said Wednesday. “The sanctions, announced by the European Commission on Tuesday, do not affect ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-11/27/c_132922402.htm
EU to ban fish imports from Belize, Guinea and Cambodia
Fish imports from Belize, Guinea and Cambodia are to be banned from the European Union, and three more countries have been warned their imports are in danger, in the first major sanction against countries that allow illegal fishing operations to carry on under their countries’ ...
Fiona Harvey
http://www.theguardian.com/environment/2013/nov/26/eu-ban-fish-import-belize-guinea-cambodia-illegal-fishing
Salt farmers fear little output due to rainfall
As salt farmers in Kep and Kampot provinces prepare for the upcoming salt season, they have expressed concerns that unstable weather conditions could cause a supply shortage on the growing domestic market. Salt production in Cambodia usually starts in early January and ends in late ...
Chan Muy Hong
http://www.phnompenhpost.com/business/salt-farmers-fear-little-output-due-rainfall
Cambodia's trade with Vietnam reaches 2.7 bln USD in 9 months
Bilateral trade volume between Cambodia and its neighboring Vietnam has hit 2.7 billion U.S. dollars in the first nine months of the year, up 10 percent compared with the 2.45 billion U.S. dollars over the same period last year, a Cambodian trade official said Thursday. Kem ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-11/14/c_132887645.htm
Cambodia's export up 30 pct in 10 months
Cambodia’s export has seen a 30 percent rise in the first 10 months of 2013 thanks to the surges in the exports of garment, milled rice, and rubber, trade data showed Wednesday. The Southeast Asian nation has exported goods in a total value of 5.87 billion ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-11/13/c_132885668.htm
Law Aimed at Protecting Local Products Approved
The Council of Ministers has approved a draft law aimed at protecting the patent rights of traditional Cambodian products, which if violated could be met with a fine of up to $5,000 and a five-year jail term. The law on geographical indication (G.I.), a status given ...
Hul Reaksmey and George Styllis
http://www.cambodiadaily.com/news/law-aimed-at-protecting-local-products-approved-46855/
Coca-Cola To Probe Seven-Year-Old Cambodian Land Grab Case
Declaring that it has “zero tolerance” towards land grabbing, Coca-Cola has agreed to investigate a long running case in Cambodia where villagers are seeking court action against a company accused of seizing their land to make way for plantations linked to the supply of sugar ...
Eurasia Review News Staff
http://www.eurasiareview.com/09112013-coca-cola-probe-seven-year-old-cambodian-land-grab-case/
Cambodia's rubber export surges 46 pct in 10 months
Cambodia has seen a 46 percent rise in dry rubber export in the first ten months of 2013 thanks to rising global demand, said the report of the Commerce Ministry on Friday. The country exported 62,915 tons of dry rubber during the January-October period this year, ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-11/08/c_132870615.htm
Phnom Penh Port Says City Center Ban on Trucks Hurting Exports
The Phnom Penh Autonomous Port has requested that City Hall reduce the length of its daily ban forbidding container trucks from traveling on Phnom Penh roads between 5 a.m. and 9 p.m. because cargo is unable to reach the port, resulting in a decrease in ...
Aun Pheap and Joshua Wilwohl
http://www.cambodiadaily.com/news/phnom-penh-port-says-city-center-ban-on-trucks-hurting-exports-46759/
Cambodia's garment export surges 24 pct in first 10 months
Garment industry, Cambodia’s largest income maker, reported a 24 percent rise in exports in the first ten months of 2013, according to figures of the country’s Ministry of Commerce Thursday. The figures showed that the country exported garment products in equivalent to 4.76 billion U.S. dollars ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-11/07/c_132867226.htm
Cambodia sees sharp rise in rice export in 10 months
Cambodia exported 294,150 tonnes of milled rice in the first 10 months of the year, a 101 percent rise from 146,200 tonnes over the same period last year, a government data showed Tuesday. The country’s milled rice has been sold to 57 countries and regions around ...
Xinhua
http://www.asean-china-center.org/english/2013-11/06/c_132864582.htm
Cambodian PM urges Chinese to invest in agricultural processing plants
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 ...
Xinhuanet News
http://news.xinhuanet.com/english/china/2013-10/28/c_132836976.htm
Cargo shipments up 16 pct
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 ...
May Kunmakara
http://www.phnompenhpost.com/business/cargo-shipments-16-pct
Cambodia sees 1.48 bln USD trade deficit in 9 months
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 ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-10/25/c_132830753.htm
Garment exports up, margins down
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 ...
Hor Kimsay
http://www.phnompenhpost.com/business/garment-exports-margins-down
Petition for Investigation Into Sugar Trade Gains Support
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 ...
Zsombor Peter and Kuch Naren
http://www.cambodiadaily.com/news/petition-for-investigation-into-sugar-trade-gains-support-45704/
First mango export factory planned
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 ...
Hor Kimsay
http://www.phnompenhpost.com/business/first-mango-export-factory-planned
Cambodia sees 22 pct rise in garment exports in 9 months
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 ...
Global Times News Staff
http://www.globaltimes.cn/content/819443.shtml#.UmaRFflgd8E
Cambodia's city port sees 20 pct rise in shipment in 9 months
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 ...
Global Times News Staff
http://www.globaltimes.cn/content/818818.shtml#.UmSot_nTxe8
Exports of rice to fall short of 2013 goal
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 ...
Hor Kimsay
http://www.phnompenhpost.com/business/exports-rice-fall-short-2013-goal
Cambodia's trade with Japan up 24 pct in 8 months
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 ...
Global Times Staff
http://www.globaltimes.cn/content/816224.shtml#.UlS3adKBmN8