Trade

Imports

Cambodian port’s cargo rises 10 percent

The cargo of merchandises including clothes, agriculture products, construction, electronics and other products through the Phnom Penh Autonomous Port (PPAP) has increased 10 percent in the first five months of this year in comparison to the same period last year, according to PPAP’s statistics. ...

http://www.etmcambodia.com/news.php?id=118

Stevia Nutra Corporation Set to Launch Stevia Propagation Centre in Cambodia

Stevia Nutra Corporation — (The Company), an Agro-Management company focused on stevia agronomics is pleased to announce that it has successfully acquired 50 acres of prime agricultural land in Cambodia for its new innovative Stevia Propagation Centre (SPC). The property is located just outside the town ...

http://www.marketwatch.com/story/stevia-nutra-corporation-set-to-launch-stevia-propagation-centre-in-cambodia-2012-06-08

Cambodia Plans to Send Second Test Consignment of Rice to China

Cambodia is planning to send a second consignment of 40 tons of milled rice to China as a part of the approval process for rice exports to China. In April, China had rejected a sample consignment of about 48 tons ...

http://oryza.com/Rice-News/15283.html#

Buses to Run Direct to and from Bangkok

Starting next month, 80 Cambodian and Thai buses and trucks will be allowed to transport goods and passengers directly between Bangkok and Phnom Penh for the first time, an official said yesterday. Suon Vanhong, deputy director of transport at the Ministry of Public Works and Transport, ...

Guinea interested in Cambodian rice

The Republic of Guinea plans to import 40,000 tonnes of milled rice from Cambodia, Alpha Condé, the president of the West African nation, said during a recent visit to the Kingdom. The two countries will also look to follow up on agricultural technology co-operation agreed on ...

http://www.phnompenhpost.com/index.php/2012052856412/Business/guinea-interested-in-cambodian-rice.html

Cambodia: Economic Performance and Reform Update

The Cambodian economy has continued its high growth path as real GDP expanded by 6.9 percent in 2011 and is expected to grow by 6.6 percent in 2012, report from world bank said this week. Cambodia has been one of the fastest growing countries in the world over the past ten years, ...

http://thesoutheastasiaweekly.com/

Cambodia-India Trade Values $85 Million In 2011

Cambodia-India trade valued $85 million last year while Cambodian exports amounted $12 million and imports from India were worth $73 million, an official said Friday. ...

http://thesoutheastasiaweekly.com

Silk producers look to sew up EU market ties

Cambodia’s silk producers say they must cut costs in order to continue reaching troubled European markets, the primary target for the Kingdom’s sericulture products. Insiders said Cambodian companies must start producing their own silk for the industry to survive. Silk craftspeople import some 400 tonnes of silk ...

http://www.phnompenhpost.com/index.php/2012052556377/Business/silk-producers-look-to-sew-up-eu-market-ties.html

Sihanoukville port on track for stock float

The Sihanoukville Autonomous Port was making every effort to speed up preparations for its listing on the Cambodia Securities Exchange, the port’s chief executive officer, Lou Kim Chhun, said this week. The company would list 15% of it’s stock to begin with, and would ‘study ...

http://www.phnompenhpost.com/index.php/2012052456348/Business/sihanouk-ville-port-on-track-for-stock-float.html

International interest in Cambodian sugar

Sweet news for Cambodian palm-sugar farmers: 10 international companies are keen to import their produce, one of the Kingdom’s signature products. Sam Saroeun, president of the Kampong Speu Palm Sugar Promotion Association, said that after an exhibition in South Korea earlier this month, several international importers ...

http://www.phnompenhpost.com/index.php/2012052356317/Business/international-interest-in-cambodian-sugar.html

World Bank Ups Cambodia’s Ranking Over Better Logistics

Cambodia has moved up 27 places on a biennial World Bank list that ranks the ease of importing, exporting and transporting goods in different countries. Cambodia was ranked 101 out of the 155 countries included in the World Bank’s report titled Trade Logistics in the Global ...

Exports to Korea jump 80pc

Cambodia’s first-quarter exports to South Korea soared nearly 80 per cent year-on-year, driven mostly by garments and agriculture products, but imports still accounted for most of the trade between the two countries. Total exports to South Korea jumped to US$30 million for the first three months of ...

http://www.phnompenhpost.com/index.php/2012051056080/Business/exports-to-korea-jump-80pc.html

Trade with Vietnam climbs

Export to Vietnam climbed more than 57 per cent year on year in the first quarter of 2012 as farmers looked for alternative destinations for products that went to Thailand last year. The primarily agricultural exports to Cambodia’s eastern neighbour were worth US$201.5 million, up from ...

http://www.phnompenhpost.com/index.php/2012050355944/Business/trade-with-vietnam-climbs.html

Sihanoukville port construction in final phase

The government will spend a total of $85 million, funded by a Japanese government loan, for the third and final phase of the expansion of Sihanoukville Autonomous Port, which will more than double the port’s import-export capacity by 2012, Prime Minister Hun Sen said yesterday. “It ...

Cambodia, Japan team up to diversify economy

Government officials have joined forces with Japanese experts to formulate a new plan for economic diversity in Cambodia. Foreign direct investment in Cambodian industry has largely gone to garment manufacturing during the past 10 years, putting the country at risk of economic shock in the event ...

http://www.phnompenhpost.com/index.php/2012042755808/Business/cambodia-japan-team-up-to-diversify-economy.html

Port Traffic Up Eleven Percent in First Quarter

The volume of goods passing through Phnom Penh Autonomous Port increased by 11 percent in the first three months of 2012 compared to the same period last year, according to statistics released by the port yesterday. Between January and March, 17,386 containers passed through the ...

Government eyes fuel taxes

The government plans to review fuel import taxes in the wake of soaring prices at the pump over the past few weeks, an official said yesterday. Cheam Yeap, Cambodian People’s Party lawmaker and chairman of the finance and banking commission, said the government will look into ...

http://www.phnompenhpost.com/index.php/2012041055530/National-news/government-eyes-fuel-taxes.html

Sihanoukville port revenues up 22% on economic growth

Revenues earned by the Sihanouk Autonomous Port for the first quarter of this year jumped 22 per cent year-on-year to US$8.3 million, according to figures released yesterday by SAP. Exports of the Kingdom’s rice, garments and timber, coupled with imports of textiles, electronics and construction materials, ...

http://www.phnompenhpost.com/index.php/2012040655455/Business/sihankouville-port-revenues-up-22-on-economic-growth.html

Tourism wins in China trade deal

Unless Cambodian exporters find new routes to China, a proposed doubling of bilateral trade to US$5 billion by 2017 would mean little more than increased Chinese goods and investment flooding into the Kingdom. Chinese investments and imports dominated bilateral trade with Cambodia, which was worth about ...

http://www.phnompenhpost.com/index.php/2012040655456/Business/tourism-wins-in-china-trade-deal.html

1,600 Tons of Cassava Stuck at Thai Border

More than 1,600 tons of cassava have been stuck at the Thai-Cambodian border in Banteay Meanchey for several days because Thai officials have banned imports of the crop in an effort to support domestic prices at home, officials and exporters said yesterday. The cassava, 800 tons ...

Beer Promoters Seek Higher Wages and Increased Respect

Beer promoters are hoping a new documentary chronicling the conditions they face in the workplace will pressure beer companies to increase their wages and reduce harassment from customers. The documentary, launched yesterday at a meeting with members of the Cambodian Food and Service Workers Federation (CFSWF), ...

Draft Law Aims to Combat Price Dumping

The government is finalizing a draft law that will aim to prevent importers from price dumping and protect local producers by allowing authorities to raise tariffs on goods, according to a copy of the draft law. In the past, local producers have been negatively affected by ...

Drugs: our man in Cambodia

The inquiry that targeted Hun To, dubbed Operation Illipango, investigated the shipment of heroin into Australia from Cambodia in loads of timber. Hun To, a nephew of Prime Minister Hun Sen, is a powerful and feared figure in Cambodia. He was once considered a close business ...

http://www.theage.com.au/national/investigations/drugs-our-man-in-cambodia-20120325-1vsiz.html

Imports compete with domestic medicines

The value of medicine and medical equipment imports increased about five per cent year-on-year in 2011, according to the Ministry of Commerce. ...

http://www.phnompenhpost.com/index.php/2012031955102/Business/imports-compete-with-domestic-medicines.html

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