Ministries and other national bodies
Ministry of Commerce
Logistics reforms ‘needed to increase competitiveness’
Cambodia needs to develop a trade logistics plan to align the Kingdom with the regional production network and increase its competitiveness as an investment destination, a senior World Bank economist said yesterday. ...
Chan Muyhong
http://phnompenhpost.com/business/logistics-reforms-%E2%80%98needed-increase-competitiveness%E2%80%99
Cambodia sees 44% rise in new company registrations in 7 months
Cambodia has granted operating licenses to 2,424 new companies in the first seven months of 2014, up 44 percent compared with 1,688 firms over the same period last year, according to the latest report of the Ministry of Commerce on Tuesday. ...
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=238871
Russia pledges duty-free trade
Russia is set to approve duty- and quota-free imports for up to 3,000 Cambodian agricultural products, according to local government officials. A statement issued by Cambodia’s Ministry of Commerce on Friday states that Russia’s Minister for Economic Development, Alexey Ulyukaev, agreed in principal to increase the ...
Chan Muyhong and Charles Rollet
http://phnompenhpost.com/business/russia-pledges-duty-free-trade
Call to cap CP’s export of swine
A livestock industry representative has called on the government to cap Cambodia’s only live pig export company’s trade with Laos, citing shortages in the local market. CP Cambodia, a subsidiary of the Thai conglomerate CP Global, exported some 25,000 head of live swine – boars, sows ...
Chan Muyhong
http://www.phnompenhpost.com/business/call-cap-cp%E2%80%99s-export-swine
U.S. renewable energy developer eyes investment opportunity in Cambodia
The Willowbrook Company, a New York-based renewable energy development company, is seeking support from Cambodia to build a 250-megawatt solar power plant, the Cambodian Ministry of Commerce said in a statement Friday. Edward J.Sappin, visiting chief executive officer of the Willowbrook Company, urged the support from ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-08/22/c_133576584.htm
Quality control to lift exports
China will work with Cambodian officials to broaden the range of agricultural products that the Asian economic giant allows to be imported from the Kingdom, government officials said yesterday. Ken Ratha, spokesman for the Ministry of Commerce, confirmed that China’s General Administration, Quality Supervision, Inspection and ...
Chan Muyhong
http://www.phnompenhpost.com/business/quality-control-lift-exports
Cambodia garment sector small fry for suppliers
In Cambodia, where the garment sector accounts for 80 percent of exports, hundreds of thousands of people depend on their slice of the $5 billion industry to survive. But for suppliers currently exhibiting their wares at a trade show this weekend on Phnom Penh’s Koh Pich ...
Holly Robertson and Kang Sothear
http://www.cambodiadaily.com/news/cambodia-garment-sector-small-fry-for-suppliers-66677/
Cambodia, US trade up in first half of year
Trade data from the US shows Cambodian exports to the world’s largest economy increased 6 per cent during the first six months of the year. As of June 30, Cambodian exports to the US totalled $1.4 billion, up from $1.32 billion recorded during the same six-month ...
Hor Kimsay
http://www.phnompenhpost.com/business/cambodia-us-trade-first-half-year
China signs 100,000-tonne rice import agreement
The Chinese government-run China National Cereals, Oils and Foodstuffs Corporation (COFCO) will today formally agree to import 100,000 tonnes of rice from Cambodia, local officials say. Representatives from COFCO and Green Trade Co, a Cambodian government-owned agriculture firm, today met in Beijing to sign the agreement, ...
Chan Muyhong
http://www.phnompenhpost.com/business/china-signs-100000-tonne-rice-import-agreement
Hun Sen lambasts disaster management official
Prime Minister Hun Sen lambasted a senior official in the National Committee for Disaster Management (NCDM) on Thursday after announcing that he would allocate money to aid victims of recent floods that have killed a total of 12 people. Speaking at the Chaktomuk Conference Hall for ...
Hul Reaksmey
http://www.cambodiadaily.com/news/hun-sen-lambasts-disaster-management-official-65994/
Cassava farmers plead for gov’t help
Cassava farmers are calling on the government to standardise prices and help stabilise demand as the market for the root crop continues to prove risky for growers. Cassava exports totalled 226,000 tonnes in the first six months of the year, down 21 per cent from a ...
Chan Muyhong
http://www.phnompenhpost.com/business/cassava-farmers-plead-gov%E2%80%99t-help
Cashew nut export numbers aren’t adding up: producers
Cambodian cashew nut exports are on the rise, yet export figures are still well below production numbers, with thousands of tonnes unaccounted for. Unshelled cashew nut exports totalled close to $2.5 million in the first six months of the year, with 2,800 tonnes exported, a rise ...
Chan Muyhong
http://www.phnompenhpost.com/business/cashew-nut-export-numbers-aren%E2%80%99t-adding-producers
China pledges to buy 100,000 tons of rice from Cambodia
A Chinese company is preparing a memorandum of understanding with Ministry of Commerce (MOC) pledging to buy 100,000 tons of rice from Cambodia, according to Sun Chanthol, Minister of Commerce. The intention was made clear during a meeting between the Minister of Commerce and Song Xiaoguo, ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YTA3MzBlMTE0MTY
Italy demands ‘fairer’ rice deal
Italy has demanded that the European Union restrict Cambodia’s duty-free import status, as concerns over the survival of that country’s rice sector appear to be reaching a fever pitch. According to rice industry website Oryza, the Italian government has officially submitted a request to the EU ...
Eddie Morton
http://www.phnompenhpost.com/business/italy-demands-%E2%80%98fairer%E2%80%99-rice-deal
TAITRA reiterates Phnom Penh trade center approved
The Taiwan External Trade Development Council (TAITRA) yesterday insisted it has received the green light from the Cambodian government to open a Taiwan trade center in Phnom Penh. TAITRA, a non-profit trade promotion organization affiliated with the Ministry of Economic Affairs, made the remarks in response ...
Shih Hsiu-chuan
http://www.taipeitimes.com/News/taiwan/archives/2014/07/20/2003595537
S. Iswaran leading Singapore team to Cambodia to strengthen business ties
Mr S Iswaran Minister in the Prime Minister’s Office and Second Minister for Home Affairs and Trade and Industry will be making an official visit to Cambodia on 21 July 2014. ...
The Straits Times News Staff
http://www.straitstimes.com/news/singapore/more-singapore-stories/story/mr-iswaran-leading-singapore-team-cambodia-strenghten-bu
Cambodia sees 1.41 bln USD trade deficit in 1st half of 2014
Cambodia has seen a trade deficit of 1.41 billion U.S. dollars in the first six months of this year, the latest report of the Ministry of Commerce showed Monday. Total trade volume reached 8.95 billion dollars during the January-June period this year, an increase of 17 ...
Asean-China-Center News Staff
http://www.asean-china-center.org/english/2014-07/15/c_133484829.htm
New Association seeks to improve rice market
Cambodian farmers are looking toward a new organization to help them get the best prices for their rice, but many are skeptical disparities between farmers and traders can be overcome. The Cambodian Rice Federation was started in May, bringing together disparate companies, associations and farmers in ...
Suy Heimkhemra
http://www.voacambodia.com/content/new-association-seeks-to-improve-rice-market/1957023.html
Four years on, arbitration center a step closer to taking cases
Nearly four years after it was established by the Commerce Ministry and one year on from its official launch, the National Commercial Arbitration Center (NCAC) held its first annual assembly Friday. The NCAC was set up in 2010 to provide businesses with an alternative to the ...
Ang Sothear and Holly Robertson
http://www.cambodiadaily.com/business/four-years-on-arbitration-center-a-step-closer-to-taking-cases-63898/
Local IT firm eyes off-shore expansion
Information technology firm First Cambodia on Friday joined forces with little-known Singaporean investment company GlobalVision, in a move that aims to expand the local company’s international footprint. As part of the joint partnership, GlobalVision has purchased a 50 per cent stake in First Cambodia for an ...
Chan Muyhong
http://www.phnompenhpost.com/business/local-it-firm-eyes-shore-expansion
US firm to build border market in Takeo
Realco Cambodia Ltd., a U.S.-owned company, plans to invest $7 million to build a market at the Phnom Din checkpoint on the border with Vietnam in Takeo province’s Kirivong district, a senior official at the Takeo, Kampot and Kep Provincial Chamber of Commerce said Friday. Realco ...
Kang Sothear
http://www.cambodiadaily.com/business/us-firm-to-build-border-market-in-takeo-62693/
Commerce minister vows ‘meaningful’ reforms to US investors
Cambodian Commerce Minister Sun Chanthol concluded a trade mission in the United States this week, emphasizing his government’s willingness to make “deep” reforms to improve its investment climate. Cambodia meanwhile needs more foreign investment to create jobs for the 300,000 young Cambodians who enter the ...
Sophat Soeung
http://www.voacambodia.com/content/commerce-minister-vows-meaningful-reforms-to-us-investors/1944607.html
Cambodia reports 1.14 bln USD trade deficit in 1st five months
Cambodia recorded a trade deficit of 1.14 billion U.S. dollars in the first five months of 2014, a latest report by the Ministry of Commerce showed Wednesday. Total trade value jumped to 7.32 billion U.S. dollars during the January-May period this year, an increase of 17 ...
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=226339
New registered businesses increase by 33 percent
The number of newly registered businesses in Cambodia increased 33 percent between January and June this year compared to the same time period last year, according to the latest figures from the Ministry of Commerce released Tuesday. The total number of new businesses increased from 1,401 ...
Kang Sothear
http://www.cambodiadaily.com/business/new-registered-businesses-increase-by-33-percent-62376/