Trade

Four ministries are pushing local producers, particularly small and medium sized enterprises (SMEs), to improve their quality, standards and packaging and to provide proper labels on their products to make them more attractive to supermarkets, restaurants and hotels and to boost recognition of local products ...

Kampot pepper, which received geographical indication (GI) certification from the European Union last year, expects 80 tonnes to go on the export market this year, thanks to demand and increased production. ...

Local small- and medium-size enterprises (SMEs) met with government officials yesterday and accused them of not doing enough to support domestic products against a flood of imports while multiple officials claimed that they could provide little assistance unless businesses were properly registered. ...

Cambodia has yet to export mangoes to South Korea despite signing a memorandum of understanding in 2015 with the East Asian country’s Animal and Plant Quarantine Agency, according to a senior official in the Ministry of Agriculture. ...

Two weeks after Bangladesh and Cambodia signed a memorandum of understanding (MoU) in Phnom Penh to purchase rice from Cambodia, on Monday of this week Bangladesh signed a deal to buy 250,000 tonnes of milled rice from Cambodia. ...

Royal Government of Cambodia is drawing up strategic plan to promote both the quality and sustainable markets for Cambodia’s pepper. ...

Global credit rating agency Moody’s Investors Services said yesterday that while it has retained Cambodia’s B2/stable sovereign rating alongside Vietnam’s B1/positive rating, the Kingdom’s low diversification of exports has put it at higher risk from external shocks than its eastern neighbour. ...

Cambodian timber exports to Vietnam over the first six months of the year have almost surpassed the total amount for all of last year, according to Vietnamese customs data, despite an existing ban on the trade – which one analyst said had “entirely failed” in ...

Trade between Cambodia and Thailand increased by about 10 percent in the first half of the year to $2.9 billion, up from $2.6 billion in the same period last year, according to figures released by the Thai embassy yesterday. ...

The United States, one of the Cambodia’s key trading partners, is going to assess sanitary and phyto-sanitary standards in Cambodia, opening up the opportunity for Cambodian agricultural products to be exported to the US. ...

The Kingdom’s apex rice industry body has been meeting this week to discuss ways of nailing down a potentially massive deal with Bangladesh, which earlier this month inked a memorandum of understanding to purchase 1 million tonnes of Cambodian rice over the next five years. ...

H.E. Ok Boung, Secretary of State at the Ministry of Commerce, held a discussion with H.E. Ms. Pottie Donica, Canadian Ambassador to Cambodia, on bilateral trade relations, mainly in garment sector, at the ministry office on Monday afternoon, said the ministry’s news release. ...

Exports to the US saw a modest rebound during the first half of the year, benefiting in part from new trade privileges that allow Cambodian-made travel goods to enter the world’s biggest consumer market duty-free, a Garment Manufacturers Association in Cambodia (GMAC) representative said yesterday. ...

Over 1,500 kilograms of poor quality chicken bones and other tainted goods imported from Thailand have been seized and destroyed by Camcontrol officials in Banteay Meanchey and Battambang province this week. ...

Growth of exports to Japan slowed during the first half of 2017, marking the lowest half-year growth rate in nearly a decade, newly released data from Japan’s development agency show. ...

Hoang Anh Gia Lai (HAGL), which last month became the first company to officially export bananas from Cambodia, has secured more orders for the fruit and will ship another 100 tonnes of bananas from its plantations in Ratanakkiri province today, a company representative said. ...

Cambodia and Bangladesh announced a potentially massive rice deal yesterday that would deliver up to 1 million tonnes of local rice to the South Asian nation over the next five years, provided they agree on the pricing terms. ...

Opposition lawmaker Son Chhay yesterday submitted a letter to National Assembly President Heng Samrin to forward to Minister of Mines and Energy Suy Sem requesting more information on sand-dredging operations and a sand-processing facility in Koh Kong province, following a​​ recent ban on exports from ...

Cambodia’s garment exports grew slower than expected by about 4 percent in the first half of the year compared with 9 percent in the same period last year while foreign investment in the sector fell by 30 percent, according to a report released by the ...

The ostensibly-outlawed export of logs to Vietnam increased in May, while the trade in sawn timber, also supposedly banned, remained substantial, new Vietnamese customs data shows. ...

The government has issued a decree that requires all businesses to put price tags on their products and services in riel to increase transparency for consumers and boost the use of the local currency. ...

Cambodian rubber exports surged 37 percent during the first half of the year, compared to the same period in 2016, as the Kingdom’s rising harvest capacity coincided with firmer global demand for rubber products. ...

Cambodia and Myanmar have agreed to further enhance trade between the two countries by encouraging investment from small and medium enterprises and exchanging agricultural products, according to the Ministry of Foreign Affairs and International Cooperation. ...

Cambodian rice exports increased marginally during the first half of the year as export companies push to fulfill higher quotas destined for China. Rice exports totalled 288,562 tonnes in the first six months of the year, an increase of 7.6 percent compared to the same time ...