Trade

Cambodia’s trade volume with foreign countries was valued at $ 9.75 billion in the first six months of 2015, an increase of 9.5 percent from $ 8.9 billion over the same period last year, according to Chinese News Agency-Xinhua quoted the ministry of commerce’s statistics. ...

Cambodia’s need to secure China as a rice export destination is becoming increasingly urgent, with China’s multiple pending agreements with other countries in Southeast and South Asia, said industry insider David Van. ...

The number of cargo and cruise ships moving in and out of the port at Sihanoukville continues to increase. More than 2.2 million tons of cargo moved through the port in the first seven months of this year, officials say, an increase of some 200,000 ...

Star 8 Asia will launch its electric-powered tuk-tuk showroom on August 28, hoping for robust demand from the city’s drivers. ...

Commerce Minister Sun Chanthol on Monday asked the World Bank and the European Union to review a trio of new trade agreements with Cambodia’s neighbors to determine what impact the deals would have on the country’s exports. ...

A visiting delegation from the American Chamber of Commerce in Hong Kong, which handles tens of billions of dollars in regional investment, says it raised concerns about the low threshold for forming unions in a pending new law during meetings with government officials Monday. ...

Less than a kilometer from the border with Vietnam in Tbong Khmum Province, Sok Sokha shades herself from the midday sun next to her small store. ...

Cambodia’s commercial banks lent $11.9 billion to customers in the first half of this year, a 33 percent increase from the amount lent during the same time last year, according to a National Bank of Cambodia (NBC) report released Tuesday. ...

Industry insiders say that the looming Vietnam-EU free trade agreement, which gives Cambodia’s neighbour duty-free exports to the European market, may not have and immediate impact, but will potentially eat into similar advantages the Kingdom enjoys in the longer-term.​ ...

As Internet use spreads across Cambodia, e-commerce outlets are mushrooming. Some are online shopping centers like MAIO Mall, which offers a plethora of functions, including lending and booking services. Others, like Shop168, link brick-and-mortar stores with customers via web portal and delivery services. Others, like Mall ...

The rollout of the Asean Economic Community (AEC), beginning on December 31st this year, could propel significant growth for American companies in the Asia-Pacific region, according to experts. ...

Five rural credit operators signed an agreement to join the Credit Bureau Cambodia on Thursday as the watchdog and the National Bank of Cambodia ramp up efforts to better monitor the country’s expansive, but largely informal, rural lending industry. ...

New shipping agreements will soon be signed between companies in Cambodia and China that will see the Kingdom’s largest port continue its transformation into a regional hub, port officials say. ...

Cambodia’s Commerce Ministry has agreed to invest $450,000 as a one time seed capital in the country’s rice sector to help boost exports, local sources quoted an official from the Cambodian Rice Federation (CRF). ...

Cambodian rice exporters are worried of losing market share in the European Union (EU) market if the EU-Vietnam Bilateral Free Trade Agreement (EU-V BFTA) is finalized, according to local sources. ...

Vietnam and China are gaining new impetus in economic relations, as evidenced by the continuous growth in bilateral trade revenue in the first half of 2015.Statistics from Vietnam’s General Statistics Office (GSO) released on Monday showed that China remained the largest trade partner of Vietnam ...

China is the Kingdom’s top rice importer, and is also bringing in Cambodian cassava, rubber, cashews, peppers and a small amount of corn. But experts say efforts to increase export shipments and open Asia’s biggest market to new products will fall short unless Cambodia addresses ...

Thailand wants more Japanese businesses to expand their investment in Thailand, especially in government-promoted special economic zones (SEZs) that could be used as production bases once the Asean Economic. ​ The prime minister said Thai border trade of 900 billion baht a year could potentially grow ...

Cambodia has exported around 283,825 tons of milled rice in the first six months of 2015, up about 60% from around 177,928 tons exported during the same period last year, Phnom Penh Post quoted data from Secretariat of One Window Service for Rice Export Formality. ...

The United States has agreed to renew its Generalised System of Preferences (GSP) for Thailand until the end of 2017, the Commerce Ministry revealed on Wednesday. The reinstatement order happened on Monday. It is valid four years and five months. As the tariff privilege takes retroactive ...

Three Thai banks have joined IFC’s $65 million syndication loan to a Cambodian microfinance institution to boost the access to funding of micro, small, and medium rural and agricultural enterprises, most of which are owned by women.  ...

Inadequate milling and storage facilities; meager financing options and consequent bankruptcies among small farmers; as well as recent migration of a number of male farmers to Thailand are all undermining Cambodia’s capacity to increase its exports, local sources quoted experts as saying. ...

Cambodia’s ambitious goal of exporting one million tons of rice this year has been quietly dropped. A follow-up export goal of 600,000 tons also is falling by the wayside. Undermining these goals is the reality of the rice paddies: labor emigration to Thailand, high costs for ...

Leaders of Ayeyawaddy-Chao Phraya Mekong Economic Cooperation Strategy (ACMECS) incorporating Cambodia, Laos, Myanmar, Thailand and Vietnam reiterated their commitment Tuesday to supporting the ASEAN Community building in 2015 and beyond.​​ ...