Trade

In a bid to ramp up rice exports to 1 million tonnes in 2015, the Phnom Penh Autonomous Port announced yesterday that rice stored in its warehouses would not be charge any fees for up to 18 days.​ ...

Hoping to give more teeth to its Act East Policy, the Modi government has decided to expand India’s economic links with Cambodia, Laos, Myanmar and Vietnam (CLMV) by promoting private sector investments in these countries through a project development company. ...

The ministers expect ASEAN’s economy to improve in 2015 to 5.1% – above the 3.5% global growth projection – based on the stronger demand in advanced economies, energised by the robust US recovery and several policy stimulus measures in the Eurozone and Japan. ...

PetroVietnam Gas Corporation (PV Gas) is the largest exporter in the Cambodian gas market, claiming more than half of the market share. In the 2010-13 period, Cambodia imported 6,000 to 8,000 metric tonnes of LPG per month. The amount rose to 10,000 to 12,000 metric ...

Viet Nam expects to raise its textile and garment production by 20 per cent in order to boost the sector’s export value by US$4 billion to $28.3 billion this year. Viet Nam also intends to step up its textile and garment exports by 13 per ...

The Ministry of Commerce will lead a series of provincial forums next week aimed at promoting greater awareness of the ASEAN Economic Community (AEC) among rural businesses. Commerce Minister Sun Chanthol is to talk about both the challenges and opportunities that deeper regional economic integration will ...

Malaysian Prime Minister Najib Razak said on Thursday that further integration in the Association of Southeast Asian Nations (ASEAN) will result in the emergence of a new economic power in the region. ...

Food and beverage imports to Cambodia have fallen over the past 12 months, marking a notable shift in domestic production and the public’s recognition of the “Made in Cambodia” brand, officials say. Cambodia spent around $223 million on food and beverage imports to supply the domestic ...

Cambodia recorded a 33 percent rise in dry rubber exports volume in 2014, but the revenue decreased by 8 percent due to a plunge in global rubber price, according to figures from the Ministry of Commerce on Saturday. ...

Bilateral trade between Cambodia and the United States was valued at 3.17 billion U.S. dollars in 2014, a 5 percent rise from 3.01 billion U.S. dollars in 2013, the figures of the U.S. Department of Commerce showed Friday. ...

Cambodian Minister of Commerce Sun Chanthol said Friday that the country is unlikely to achieve its self-imposed target of exporting one million tons of milled rice by 2015 due to lack of milling capacity and funding. ...

Trade volume between Cambodia and its neighboring Thailand topped 5 billion U.S. dollars in 2014, an 11 percent increase from last year’s 4.5 billion U.S. dollars, a Cambodian commerce official said Thursday. ...

Exports of crude palm oil from the Mong Reththy company – the Kingdom’s sole producer of the product – increased 16 per cent last year, although prices were down about $200 per tonne from 2013. ...

Prime Minister Hun Sen yesterday admitted that the government target of reaching 1 million tonnes of rice exports by 2015 is likely to fail due to a lack of milling capacity and funding. The PM blamed the failure on a lack of investment in rice ...

Cambodia’s minister of commerce has announced that the country will step up efforts to export rice to Africa, Middle East and the European Union. In his three-day visit to Kuwait in December 2014, Chanthol aimed at opening new avenues for Cambodian-made agricultural goods to enter ...

Cambodia’s trade volume with foreign countries rose by 16 percent year on year in the first eleven months of 2014, according to data from the Ministry of Commerce on Tuesday. The country exported products in equivalent to 7.05 billion U.S. dollars, up 12 percent year-on-year ...

Cambodia’s earned more than US$6 billion (about RM21 billion) from exports of garment and leather footwear this year, Vietnam News Agency (VNA) reported. ...

Kampong Speu palm sugar exports with geographical indication (GI) status have increased in the past year, as international buyers begin to appreciate the Cambodia-specific product. Export volumes of the sugar reached 50 tonnes in 2014, according to Kampong Speu Palm Sugar Promotion Association’s (KSPSPA) president, Sam ...

Cambodia exported 335,925 tonnes of rice in the first 11 months of the year, up from 332,009 tonnes in the same period last year. ...

Cambodia exported 335,925 tons of rice in the first 11 months of 2014, up from 332,009 tons shipped in the same period last year, according to a report of Secretariat of One Window Service for Rice Export Formality on Tuesday. ...

Chinese officials have called on Cambodia to increase fruit exports amid an expected rise in domestic demand for fresh produce fuelled by online sales. Feng Bo, deputy major of Ping Xiang city of Guangxi province, last week said fruit imports from ASEAN nations must increase from ...

Cambodia exported 304,788 tons of rice in first ten months of 2014, up from 294,154 tons exported in the same period last year, according to a report of Ministry Agriculture, Forestry and Fisheries. ...

Some 300 rice traders and millers from around 40 countries met here on Wednesday to seek opportunities to expand their rice businesses, officials said. Speaking at the opening ceremony of the World Rice Conference, Commerce Minister Sun Chanthol said the conference was an opportunity for Cambodia ...

Cambodia will host an international motor show from Feb. 12 to 15, aiming to develop the country’s auto industry and attract more tourists, officials said Tuesday. Information Minister Khieu Kanharith said at a press conference that the demand for vehicles in Cambodia has remarkably increased in ...