Trade

Imports

Cargo shipments at Cambodia's two largest ports see remarkable rise in 11 months

The Sihanoukville Autonomous Port, Cambodia’s largest shipping facility, on Tuesday reported a 12 percent rise in cargo shipments in the first eleven months of 2013. The state-owned sea port had received 2.73 million tonnes of goods during the January-November period this year, up from 2.43 million ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131210/cargo-shipments-at-cambodias-two-largest-ports-see-remarkabl

Avis pulling into town

International car rental operator Avis is bringing its brand to Cambodia and Laos, according to a statement released last week from local licensee RMA Group. If the deal is seen through, Avis would be the first global car rental company to compete in the Kingdom. The company ...

Eddie Morton
http://www.phnompenhpost.com/business/avis-pulling-town

Cambodia-U.S. bilateral trade up 2 pct

Trade between Cambodia and the United States was valued at 2.55 billion U.S. dollars in the first ten months of 2013, up 2 percent from 2.49 billion U.S. dollars over the same period last year, the figures of the U.S. Department of Commerce showed Friday. Cambodia’s ...

The Global Post
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131206/cambodia-us-bilateral-trade-2-pct

UD Trucks to arrive in Kingdom

Japan-based UD Trucks Corporation is planning on selling its new heavy duty transport vehicle, the 2013 UD Quester, in Cambodia. Volvo Group-owned UD Trucks also launched the latest versions of the UD Quon, UD Fuel Demonstrator, UD Quester and Volvo FH at the Tokyo Motor Show ...

Chhim Sreyneang
http://www.phnompenhpost.com/business/ud-trucks-arrive-kingdom

Japan's Yusen Logistics launches Cambodia to Osaka service

Japan’s Yusen Logistics Co Ltd has announced the launch of less-than-container-load (LCL) services between Cambodia and the western Japanese city of Osaka. The new lane follows the start of the company’s operation in Cambodia earlier this month and boosts its LCL network to 222 lanes, ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NmZhNDRhODA1ZDI

Local production still lagging

As the cost of imports rise, local producers could see an opportunity to increase their market share, but for most a lack of output and quality means potential is limited, industry observers said yesterday. Customs officers who had often undercut the official rate are now ...

Hor Kimsay
http://www.phnompenhpost.com/business/local-production-still-lagging

Land Rover, Jaguar enter Cambodia

Following the recent wave of luxury car brands entering the Cambodian market, RMA Cambodia’s CEO said yesterday that the firm will bring in UK brands Land Rover and Jaguar by opening a showroom before the end of the year. The newly appointed official authorised dealer will ...

Anne Renzenbrink
http://www.phnompenhpost.com/business/land-rover-jaguar-enter-cambodia

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 customs officials urge importers to pay "tax fees, not pay bribe"

Cambodia’s customs officials on Wednesday called on all importers to pay”tax fees as stated by law, not pay bribe”to customs officers. The appeal came after some Chinese importers have complained that Cambodian customs officers have increased tariffs for their imported products, or not allowed their ...

Asean-China-Center News Staff
http://www.asean-china-center.org/english/2013-11/14/c_132886796.htm

Californian Winery Enters Cambodian Market

California-based winery E. & J. Gallo has entered Cambodia and is offering four of its more economically priced brands in an effort to introduce locals to wine without breaking their budget, company representatives said Monday. “Cambodia, as well as other markets in Asia, is perfect for ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/californian-winery-enters-cambodian-market-46863/

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/

Sales of Korean energy drink explode in Cambodia

Cambodia last year accounted for 24 percent of the overseas sales of Bacchus, an energy drink marketed by South Korea’s Dong-A ST, Korea IT Times reported Monday.  “By the year’s end, the company expects it would sell 100 million cans of Bacchus, about eight cans per ...

The Cambodia Herald Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZWU4YTU1NzlhMTM

Herbalife to operate in capital

Herbalife Ltd, a global nutrition company whose business practices are being challenged in a US court and whose marketing strategies have been the subject of public criticism, will officially open a six-storey distribution centre in Phnom Penh today, according to the New York Stock Exchange-listed ...

Daniel de Carteret
http://www.phnompenhpost.com/business/herbalife-operate-capital

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

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

Mercedes-Benz Distributor to Halt Repairs on Illegal Imports

Hung Hiep (Cambodia) Co., the only company in Cambodia licensed to import Mercedes-Benz luxury vehicles, said Monday it would no longer make repairs to new lines of Mercedes vehicles that are smuggled into the country. Company officials said the move is to reduce scams and repair ...

Hul Reaksmey
http://www.cambodiadaily.com/business/mercedes-benz-distributor-to-halt-repairs-on-illegal-imports-45121/

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

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