Imports

The Cambodian governemnt is lobbying the tourism sector to focus more on using local foods, which it says could generate millions of dollars in revenue a year. But hotels and restaurants say quality standards and supplies of local products are often not adequate and businesses ...

Demand for low-quality white rice from African buyers has forced Thai exporters to purchase additional stocks from Cambodia and Vietnam to meet orders because domestic rice is in short supply due to government buying scheme, traders said on Wednesday. The price of 25 per cent broken grade Thai ...

Ministry of Commerce officials maintained that low import taxes and increased demand from consumers were the causes behind the 45.26 increase in vehicle imports in the first half of 2012 compared to the same period last year. The data showed 486,827 vehicles, of all makes and ...

At first glance, the numbers indicate Cambodia’s investment climate has grown a little colder. Conditions appear to be worse than they were a year ago due to a big drop in total fixed assets for approved investment projects. However, economists say the Cambodia outlook is actually ...

Bank of China is in negotiations with Cambodia’s central bank on the promotion of business transactions in Chinese yuan. The official talks reflect rapid trade growth between the two countries at a time when several commercial banks in Cambodia have launched yuan remittance and trade-settlement products. The ...

Speaking to an audience of more than 150 private- and public-sector energy officials at the Second East Asia Summit Energy Efficiency Conference, officials agreed that not enough was being done to convince manufacturers and other large consumers of energy to switch to new energy efficient ...

Cambodia’s small and medium enterprises (SMEs) are busily preparing for the ASEAN Economic Community’s free flow of goods in 2015 and are probably not that different from the other 10 ASEAN member states’ own SMEs.  Te Taing Por, president of the Federation of Associations for ...

Slowly but steadily, demand to do cross-border business in Chinese yuan is pushing its way into one of Asia’s dollar-dominated strongholds. As China continues to liberalise the yuan – or at least hint at when some capital controls could be lifted – Cambodian businesses that import ...

Cambodia’s largest Sihanoukville Autonomous Port (SAP) Saturday reported that it earned the total revenues of about US$14-M in the 1st 5 months of this year, + 14 rise from US$12.3-M at the same period last year. Goods exported through the port are mostly garment products and ...

Cambodia’s trade deficit in the first half of the year grew 34.31 percent compared with the same period in 2011, reaching $1.36 billion, according to data released by the Ministry of Commerce. Though revenues earned from exports grew 12.13 percent to about $2.50 billion, a growing ...

Oil imports to Cambodia in the first half of the year increased 22 percent to nearly 1 million tons compared to the same period last year, according to figures obtained yesterday from the Ministry of Commerce. According to the data, Cambodia imported 922,860 tons of gas ...

The number of agricultural tractors and power-trailers imported to Cambodia through the Poipet International Checkpoint in Banteay Meanchey province has decreased by 72 percent in the first six months of the year, compared to the same period last year, the provincial commerce department said. Thong Thyna, ...

The government will drop subsidies for high electricity use, after the Electricity Authority of Cambodia (EAC) reported losses of US$3 million between January and May this year. Households consuming more than 200 KW/h per month will no longer receive a 100 to 200 riel per KW/h ...

The European Union should immediately remove trade preferences it gives to Cambodian sugar companies accused of human-rights violations including land grabs, representatives of the affected communities told a press conference in Phnom Penh yesterday. Community representatives from Koh Kong, Kampong Speu and Oddar Meanchey provinces said ...

Revenue at Sihanoukville Autonomous Port increased 13.6 per cent year on year between January and June, port officials confirmed yesterday. As the state-owned enterprise gears up for listing on the Cambodia Securities Exchange, the neighbouring Sihanoukville Special Economic Zone will play an increasingly important role in ...

Europe’s largest manufacturer of two-wheeled vehicles, Italy’s Piaggio, will return to Cambodia in September, being absent since the Khmer Rouge takeover. Vespa Cambodia Co Ltd, part of Narith Long’s Narita group, signed an exclusive distribution agreement with Piaggio last month to distribute its Piaggio scooters, ...

Cambodia offers plenty of opportunities for Vietnamese exporters although there is intense competition from countries such as Thailand and China, delegates said at a conference in HCM City last Thursday. Le Quoc Phong, general director of the Binh Dien Fertiliser Group, said the Cambodian market had ...

Officials and experts yesterday questioned the likelihood of Cambodia and Vietnam’s proposal to hike bilateral trade by more than US$2.5 billion by 2015. The pledge of $5 billion in total trade, made by Cambodian Prime Minister Hun Sen and his Vietnamese counterpart, Nguyen Tan Dung, last ...

“Vespa was in Cambodia before the war [and] Piaggio wanted to come back to the market in Cambodia, because the market is growing,” explained Frederic Bachelet, head of business development at Narita Vespa Co. Ltd. The company plans to break ground next week on ...

A technology called “Super Wi-Fi” that uses the frequency spectrum between television channels called “white spaces” could be a game-changing force in how people connect to the internet, especially in places like Cambodia. The technology, which requires specialised equipment costing about US$2,000 for a base station ...

While the Kingdom’s biggest industrial pig farming company is seeing steady growth as the nation’s population and hunger for pork grows, small pig farmers are having a hard time of it in the face of fluctuating prices and lower cost imports from Thailand, according to experts and insiders who came to a recent ...

More than 200 people in Cambodia’s eastern Svay Rieng province were hospitalized after eating imported vegetables from Vietnam that were not properly washed or cooked, the French-based Pasteur Institute of Cambodia has confirmed after running tests. The case has highlighted an already acknowledged need for more domestic vegetable production and less dependency on imported produce. The ...

Cambodia recorded a trade deficit in equivalent to 1.1 billion US dollars in the first five months of this year, according to a report of the Commerce Ministry on Saturday. During January-May period this year, the report showed that the country’s total import and export value ...

“Two-way trade volume between Cambodia and Japan reached over $513 million in 2011 and it will be expected to increase further for 2012, a senior official from JETRO (Japan External Trade Organization) here said on Friday. Kiyotaka Doho said: Japan’s exporting to Cambodia was worth about $205,430,000 and it was increased about 129.8% for year-on-year. And ...