Economy and commerce
Trade
Rights group condemns trade union draft law
The Cambodian government is trying to weather criticism over the lack of transparency concerning the proposed draft law on NGOs that is now in the hands of the National Assembly. But another important draft law regulating trade unions is being heavily criticized for violating international ...
Donald Lee
http://www.khmertimeskh.com/news/12089/rights-group-condemns-trade-union-draft-law/
Everything But Arms treaty under scrutiny after bicycle trade problems
The European Union is increasingly scrutinising abuse of its Everything But Arms treaty with Cambodia, underscoring both the importance of the zero-tariff agreement to the Kingdom’s economy and the potential for its misuse. In Cambodia’s rice sector, fears that cheap rice from neighbouring countries is ...
Charles Rollet
http://www.phnompenhpost.com/post-weekend/everything-arms-treaty-under-scrutiny-after-bicycle-trade-problems
Vietnam tops auction to supply rice to NFA
Vietnam offered Friday the lower price for the additional rice supply that the Philippines will import to increase its buffer stock for the lean season, the National Food Authority said. NFA earlier invited Cambodia, Thailand and Vietnam to supply an additional 250,000 metric tons of rice ...
Anna Leah E. Gonzales
http://bit.ly/1QgImol
Time to revisit an ASEAN-EU FTA?
On May 19, 2015, the European Union (EU) adopted a Joint Communication: The EU and ASEAN: a partnership with a strategic purpose. The communication calls for taking “trade relations with ASEAN to a different level and working towards an ambitious region-to-region free trade agreement (FTA) ...
Ji Xianbai
http://bit.ly/1AP2O8P
Vietnam export prices rise for rice sought by PHL
Vietnam, the world’s third largest rice exporter after India and Thailand, has raised by 3% the export price floor for the 25% broken rice to $350 a ton as it prepares for a tender in the Philippines, traders said. ...
Business World Online News Staff
http://bit.ly/1eOqD6G
Myanmar poses threat to Cambodian rice exports to European Union, say exporters
Cambodian rice exporters are expressing concern that the country’s rice exports to the European Union (EU) under the Everything But Arms (EBA) agreement have been facing a stiff competition from Myanmar, which also exports rice to the EU under the EBA agreement, according to local ...
Oryza News Staff
http://bit.ly/1AJVI5M
Cambodia to continue diversifying export markets - Hun Sen
Cambodia will continue to diversify its export markets, and is optimistic that investors will reap good benefits from investing in the country. Prime Minister Hun Sen said to expand its exports, the government would promote transport connectivity and the logistic systems, improve the regulatory framework and ...
Bernama News Staff
http://bit.ly/1A3ptbv
ASEAN, EU may resume free-trade talks: report
ASEAN and the European Union (EU) are set to explore the possible resumption of talks on a free-trade agreement (FTA) after the ASEAN Economic Community comes into effect this year, Malaysia’s Bernama news agency reported Sunday. ...
The Cambodia Herald News Staff
http://bit.ly/1bv0CYh
China, Cambodia further cement relations
Prime Minister Hun Sen met with Chinese President Xi Jinping on the sidelines of the 60th Asian-African Conference Commemoration in Bandung, Indonesia, on Thursday, announcing further cooperation between the two countries, local media reported Friday. ...
Sek Odom and Maria Paula Brito
https://www.cambodiadaily.com/news/china-cambodia-further-cement-relations-82669/
Cambodia to bid for Iraqi rice supply
A Cambodian rice exporter is expected to take part in an Iraqi bid for 30,000 tons of milled rice late this month, a company’s representative said Wednesday. ...
The Cambodia Herald News Staff
http://bit.ly/1yS4SM0
Cambodia’s Hun Sen slams ASEAN-splitting TPP
On April 19, the 24th World Economic Forum on East Asia kicked off in the Indonesian capital of Jakarta. One of the main events was a conversation on “East Asia in the New Global Context,” which featured two heads of state – Cambodian prime minister ...
Prashanth Parameswaran
http://bit.ly/1J4FSoA
IMF sees exports to US offsetting China slowdown
Cambodia’s economy is expected to benefit from a strong recovery in the US markets and the fall of global oil prices, driving its high growth trend, according to the International Monetary Fund’s projection for the Asia-Pacific region. ...
Kimsay Hor
http://bit.ly/1E0h3a5
World bank expecting economic slowdown to persist
The World Bank is forecasting a continued slowdown of Cambodia’s economy over the next three years because of rising local production costs, sluggish global rice prices and other headwinds. The prediction is a gloomy counterpoint to the coming rebound the Asian Development Bank (ADB) forecast ...
Zsombor Peter
https://www.cambodiadaily.com/business/world-bank-expecting-economic-slowdown-to-persist-81956/
Oryza March 2015 rice market review
The Oryza White Rice Index (WRI), a weighted average of global white rice export quotes, ended the month of March at about $413 per ton, down about $7 per ton from a month ago and down about $41 per ton from a year ago. Global ...
Oryza News Staff
http://bit.ly/1yfcJmT
Government of Cambodia seeks double rice exports to China in 2015-16
The government of Cambodia is planning to double rice exports to China in 2015-16 (May-April) to around 200,000 tons, local sources quoted the Ministry of Commerce spokesman as saying. ...
Oryza News Staff
http://bit.ly/1c7agRr
Cambodia exports 149,464 tons of rice in January-March 2015; up 77% from last year
Cambodia exported around 149,464 tons of rice the first three months of 2015, up about 77% from around 84,331 tons exported during the same period in 2014, according to data from the Secretariat of One Window Service for Rice Export Formality (SOWS-REF). Cambodia exported 387,061 ...
Oryza News Staff
http://oryza.com/22283/cambodia-exports-149464-tons-rice-january-march-2015-77-last-year
On garment exports, gov’t figures vary wildly
Cambodia’s critical garment industry may be doing significantly better than Commerce Ministry figures suggest, judging by the Finance Ministry’s count, but just whose numbers to trust is up for debate. ...
Zsombor Peter and Kang Sothear
https://www.cambodiadaily.com/news/on-garment-exports-govt-figures-vary-wildly-81437/
Cambodia's rice export increases by 77 pct in three months
Cambodia exported 149,464 tons of rice in the first three months of 2015, up 77 percent over the same period last year, according to data of the Secretariat of One Window Service for Rice Export Formality. ...
The Cambodia Herald News Staff
http://bit.ly/1MVsDJK
Cambodian, Indonesian FM discuss bilateral, ASEAN issues
Cambodian and Indonesian foreign ministers discussed ways to further enhance ties and cooperation between the two countries on Wednesday. Both sides also agreed to boost bilateral trade volume, which was still relatively small — around 500,000 U.S. dollars last year, he said. ...
The Cambodia Herald News Staff
http://bit.ly/1F1Cy6W
GTI sees its revenues drop in fourth quarter
Grand Twins International, the second firm to list on the Cambodian Securities Exchange, reported $13.27 million in revenues during the last three months of 2014, down 28.6 per cent from its figures reported in 2013. ...
Hor Kimsay
http://www.phnompenhpost.com/gti-sees-its-revenues-drop-fourth-quarter
GTI sees its revenues drop in fourth quarter
Grand Twins International, the second firm to list on the Cambodian Securities Exchange, reported $13.27 million in revenues during the last three months of 2014, down 28.6 per cent from its figures reported in 2013. ...
Hor Kimsay
http://www.phnompenhpost.com/gti-sees-its-revenues-drop-fourth-quarter
VN sees success in seizing HK rice market from Thailand
Vietnam has gained a substantial share of Hong Kong’s rice market at the expense of Thailand, resulting from fierce competition over the past 10 years. Thailand’s market share in the first month of this year was up to 65.1 per cent versus Vietnam’s 26.3 per ...
Wichit Chaitrong
http://bit.ly/1xdk5Hd
Vietnam to join Asean rubber council
Vietnam has agreed to join Thailand, Malaysia and Indonesia in a regional trading network aimed at shoring up rubber prices. Thailand has lobbied other rubber-producing countries in the region, including Laos, Cambodia and Myanmar, to form the council. Officials are expected to meet on April ...
Bangkok Post News Staff
http://www.bangkokpost.com/business/news/499132/vietnam-to-join-sea-rubber-council
Cambodia's trade with France up 29 pct in 2014
Trade between Cambodia and France increased to 520 million U.S. dollars last year, up 29 percent year-on-year, according to figures released by the French Embassy here on Wednesday. ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/150304/cambodias-trade-france-29-pct-2014