Trade

Exports

CPF subsidiaries investing Bt250m in Laos, Cambodia

CP Laos and CP Cambodia are investing a combined Bt250 million to set up a new silo for maize in Cambodia and a new feed-meal plant in Laos to strengthen CPF’s integrated agricultural-industrial business as the Asean Economic Community (AEC) approaches. Most recently, the company ...

http://www.nationmultimedia.com/business/CPF-subsidiaries-investing-Bt250m-in-Laos-Cambodia-30201178.html

Cambodia's Public Debt

According to the [inter]national Monetary Fund (IMF), at the end of 2011, the stock of Cambodia’s external public debt, including arrears, stood at around US 3.8 billion or 30 percent of GDP (24 percent in NPV terms). China remains the largest bilateral creditor, contributing to ...

http://www.cambizreview.com/

Cambodia to earn $50 mln a year from cassava exports to China

Cambodia will earn about $50 million a year from exports of dried cassava to China through Sihanoukville Autonomous Port, Deputy Prime Minister Yim Chhay Ly said Thursday. Cambodia’s agricultural exports previously went through Vietnam and Thailand, amounting to between 7,000 and 8,000 tons a year. ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YjdjMmVlNGJmZDQ

Cambodian exports to Malaysia almost double in 2012

Cambodia’s exports to Malaysia almost doubled from $55.5 million a year earlier to $101 million in 2012, the Malaysian Embassy said. Exports were led by crude rubber at $69.1 million followed by milled rice at $24.3 million, up sharply from $9.5 million in 2011 and ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MWU5MWViZGE1NTc

Bobruisk Plant of Tractor Parts and Units starts shipping machines to Cambodia

The Bobruisk-based mechanical engineering company Bobruisk Plant of Tractor Parts and Units has shipped a batch of proprietary compact tractors Belarus 321 to Cambodia for the first time, representatives of the company’s sales department told BelTA. In line with the contract, which was signed in early ...

http://news.belta.by/en/news/econom?id=708244

Phnom Penh Port Shifts Focus to Cruise Boats

With a new Chinese-built container port on the Mekong River in Kandal province now operational, the existing port in Phnom Penh is undergoing renovations to shift its focus to the growing number of cruise ships docking in the capital, an official said yesterday. Eang Veng ...

http://www.cambodiadaily.com

Cambodian rice popular across Asia

Cambodian milled rice is becoming more popular throughout Asia, particularly in Malaysia, which is the number one importer of milled rice from the Kingdom. According to data from the Ministry of Agriculture, Forestry and Fisheries, Malaysia imported over 7,000 tonnes of a total 25,700 tonnes exported ...

http://www.phnompenhpost.com/2013022561575/Business/cambodian-rice-popular-across-asia.html

Cambodia's economy grows by 7.3% in 2012: PM

Cambodia achieved a GDP growth rate of 7.3 percent last year, Prime Minister Hun Sen said Wednesday, forecasting that the growth would be higher than 7 percent this year. Addressing a conference on 2013 Cambodia Outlook, he said the growth last year came from strong growth ...

http://news.xinhuanet.com/english/business/2013-02/20/c_132180432.htm

Cambodia-US Bilateral Trade 2012 Increases Slightly

The bilateral trade between Cambodia and the United States in 2012 rose slightly, while Cambodia’s export decreased, according to a report of the United States Census Bureau of the Department of Commerce. U.S. Department of Commerce. The Cambodia-US bilateral trade saw its increase 0. 61%, while ...

http://www.akp.gov.kh/?p=30904

Local brokers still manipulate prices: farmers

Farmers have expressed concern over local brokers’ manipulation of the market during harvest season, reducing buying prices for farmers who have no access to actual market rates. While some farmers have already completed their harvests, others have left their fields barren, fearing brokers will reduce ...

http://www.phnompenhpost.com/Business/local-brokers-still-manipulate-prices-farmers.html

Less palm sugar due to production delay

Kampong Speu palm sugar production is projected to decrease slightly this year due to a late start, though prices are expected to rise thanks to the sugar’s growing popularity following its geographical indication certification. Despite the drop in production, Hong Hoeung, director of Kampong Speu Palm ...

http://www.phnompenhpost.com/Business/less-palm-sugar-due-to-production-delay.html

MTZ to set up Belarus-Mekong joint venture in Cambodia

Minsk Tractor Works (MTZ trademark) will make a monetary contribution to the authorized capital of a private company Belarus-Mekong that is being set up in Cambodia. Upon the suggestion of the Industry Ministry of Belarus, the Belarusian company will transfer 32 million Cambodian riels (about ...

http://news.belta.by/en/news/econom?id=706786

Minimum wage may rise for Cambodian garment workers

The Cambodia’s Ministry of Labour has scheduled a meeting on February 26 with representatives of various unions to discuss the new minimum wage for garment workers in the country. However, the Ministry expects the various workers’ unions to agree on what the new wage should ...

http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=120969

Belarus eyes enhanced trade, investment ties with Cambodia

Belarus announced its firm stance to promote bilateral cooperation with Cambodia in trade, investment and tourism for mutual benefits, Vladimir Andreichenko, Chairman of the Belarus Parliament, said Monday. He expressed Belarus’s desire to operate a direct flight to Cambodia. He suggested that the two countries ...

http://news.xinhuanet.com/english/world/2013-02/11/c_132164406.htm

Philippines seeks closer ties with Cambodia

Philippines Vice President Jejomar Binay says Cambodian Prime Minister Hun Sen supports the signing of agreements between Manila and Phnom Penh in rice trading and in fighting transnational crime. Cambodian officials have also expressed interest in launching direct flights between Manila and Phnom Penh. ...

http://www.abc.net.au/news/2013-02-09/an-philippines2c-cambodia-seek-stronger-ties/4510270?section=business

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