Trade

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 ...

Cambodia’s tourism minister Thong Khon said this week that ASEAN is protected to gain around 107 million international tourists in 2015 as the bloc will create the community that year. Speaking at closing ceremony of the 10th Tour Guide Training and the Opening of 11th Tour Guide Training for Phnom Penh city at ...

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 ...

The Islamic Republic of Iran on Wednesday invited Cambodian Prime Minister Hun Sen to attend the Non-Aligned Movement (NAM) Conference to be held in Tehran in late September, according to officials. Meanwhile, [Hun Sen], on the bilateral ties, asked Iran to expand relations and cooperation with ...

Imports of packaged monosodium glutamate (MSG) decreased noticeably in the first four months of this year, not because Cambodians are turning away from the popular flavor enhancer, but because a local packaging factory is increasingly meeting domestic demand. Figures from the customs department of the Ministry of Economy and Finance revealed that from January ...

HCM City plans further cooperation with Cambodia in all areas, including trade, healthcare, agriculture, and education and training, according to Le Hoang Quan, chairman of the city’s People’s Committee. The project to build the Cho Ray – Phnom Penh Hospital, with a capacity of 500 ...

Cambodia could attract an increasing number of Malaysian investors interested in food production and global export if moves to create a halal food recognition body were implemented, Malaysian ambassador Mond Tahir Nasruddin said yesterday. Officials were working together to establish the halal food product recognition ...

An abundance of illegal crocodile smugglers operating without a license and exporting animals to Vietnam has led to the price of crocodiles dropping by more than half compared to the same period last year, breeders said yesterday. Loun Nam, president of the Crocodile Feeder Association, ...

Over 70 judges and justice ministry officials from throughout ASEAN gathered at a U.S.-supported ASEAN legal and judicial cooperation workshop in Cambodia this week for an unprecedented exchange of ideas on the rule of law in the ASEAN region. Representatives from the ASEAN Senior Law Officials Meeting (ASLOM), ASEAN Member State judicial bodies, and the ASEAN ...

Cambodia’s garment exports exceeded US$1 billion during the first quarter of 2012, yet many factories are failing to pay workers proper maternity leave benefits or address issues of fainting, a labour report says. The International Labour Or­ganization-Better Factories Cam­bodia’s Twenty Eighth Syn­­­thesis Report on Working Conditions ...

Cambodia and Thailand are poised for a boost in trade and tourism following a new agreement taking effect today that simplifies procedures at a key border crossing between the two nations. “The ability to move people, goods, and vehicles across borders efficiently and responsibly is at the heart of regional economic integration,” said Craig Steffensen, ...

About 4,000 workers at the M&V Textile factory in Kompong Chhnang province, which supplies well-known brands such as H&M and Gap, went on strike yesterday morning to demand a pay raise, a union representative said. Meas Sokhen, a representative of the Free Trade Union, said ...

“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 ...

Women’s economic roles in Cambodia have made slower progress than in many other countries in the Asia-Pacific region, World Bank economists said yesterday. The region as a whole has seen tremendous gains in the way of gender equality during the past 20 years, but increasing wages ...

Cambodia plans to be gem and jewelry market supply in Southeast Asia region, commerce minister said at the fourth Cambodia gems and jewelry fair 2012 at Koh Pich (Diamond Island Center) on June 14. He adds: Ministry of Commerce is continuing its efforts to monitor and ...

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 so far has not feared for creating ASEAN economic community 2015 and deeper ASEAN and East Asia regional integration as the region will have free flow of goods, worker mobilization, finance and investment,” trade minister Cham Prasidh said on June 12. His announcement was made during the workshop of ASEAN economic community 2015. “We ...

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 ...

Prime Minister Hun Sen, in his capacity as Asean chairman, will lead a delegation to Mexico on Monday and Tuesday to attend the Group of 20 summit, the Ministry of Foreign Affairs said. Foreign Minister Hor Namhong will join Mr. Hun Sen at the summit, which ...

Revenues generated from rubber exports dropped 25 percent to $41 million in the first four months of the year compared to the same period in 2011, as rubber prices on the international market plummeted, according to data released yesterday by the Ministry of Commerce. While rubber ...

Large quantities of cheap green bean exports from Thailand are driving down prices of the product in Kompong Cham province by as much as 40 percent compared to the same period last year and forcing farmers to grow other crops, officials and farmers said yesterday. The ...

U.S. Ambassador to Asean David Carden met with judges and Justice Ministry representatives from all 10 Asean countries in Phnom Penh yesterday to discuss the importance of fighting against corruption and upholding the rule of law for foreign investors. “Cambodia will prosper if outside investment comes ...