Economy and commerce
Trade
Cambodia, Japan trade up
Cambodia is quickly becoming a hub for Japanese exports, according to the latest figures from the Japan External Trade Agency, JETRO. The state-run agency’s latest trade figures show Cambodia exported more than $584 million worth of locally made products to Japan over the first nine months ...
Hor Kimsay
http://phnompenhpost.com/business/cambodia-japan-trade
Belarus ratifies set of agreements with Cambodia
The House of Representatives of Belarus ratified a number of Belarusian-Cambodian agreements on 4 November, BelTA has learned. ...
Belarusian News News Staff
http://eng.belta.by/all_news/politics/Belarus-ratifies-set-of-agreements-with-Cambodia_i_77051.html
Cambodia imports vehicles worth 554 mln USD in 9 months
Cambodia spent 554 million U.S. dollars to purchase automobiles and motorcycles from foreign countries in the first nine months of this year, up 85 percent from 299 million U.S. dollars a year earlier, according to the Commerce Ministry Friday. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-10/31/c_133756588.htm
Hun Sen to attend summit in China this weekend
Prime Minister Hun Sen will lead a delegation to attend the Dialogue on Strengthening Connectivity Partnership and the APEC CEO summit to be held from 7-9 November in Beijing, China, according to a press release issued by Ministry of Foreign Affairs Monday. ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/hun-sen-to-attend-summit-in-china-this-weekend-7599
Cabinet approves the Thai-Cambodia railway bridge
The cabinet has approved a plan for a Thai-Cambodia railway bridge to achieve Southern Economic Corridor connectivity. ...
National News Bureau of Thailand News Staff
http://thainews.prd.go.th/centerweb/newsen/NewsDetail?NT01_NewsID=WNPOL5710300010011
Cambodia, Thailand ink 3 deals to broaden bilateral ties
Cambodia and Thailand on Thursday signed three deals to pave the way for the two neighbors to broaden bilateral ties and cooperation, a Cambodian spokesman said. The deals aimed to enhance bilateral cooperation in tourism, fighting against human trafficking, and connecting a railway between the ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/cambodia-thailand-ink-3-deals-to-broaden-bilateral-ties-7577
Garment exports slow, but still up from 2013 - Cambodia Daily
Cambodia’s garment exports have continued to rise but at a slower pace than earlier in the year, according to government data. ...
REUTERS News Staff
http://www.reuters.com/article/2014/10/24/cambodia-press-exports-garment-idUSL3N0SJ1QS20141024
Phnom Penh port expansion seeks funding solution
With construction on the second phase of a new cargo terminal at the Phnom Penh Autonomous Port (PPAP) set to begin in 2016, officials are now looking for ways to finance the project. Hei Bavy, director general for PPAP, said the $20 million expansion will see ...
Chan Muyhong
http://phnompenhpost.com/business/phnom-penh-port-expansion-seeks-funding-solution
Value chain in decline: WTO
Cambodia is one of only two economies worldwide to have declined in global value chain (GVC) participation since 1995, according to the World Trade Organization’s latest study. The WTO’s World Trade Report 2014, released Monday, shows Cambodia’s overall percentage of GVC participation – one country’s contribution ...
Eddie Morton
http://phnompenhpost.com/business/value-chain-decline-wto
Bird’s nest producers eye China market
Edible bird’s nest producers have called on the Ministry of Commerce (MoC) to facilitate the industry’s access to the Chinese market. Nang Sothy, president of the Cambodia Bird’s Nest Federation, said yesterday that the association had requested the MoC to include the delicacy on the list ...
Chan Muyhong
http://phnompenhpost.com/business/bird%E2%80%99s-nest-producers-eye-china-market
Cambodia’s milled rice exports up 1.2 per cent in first nine months this year
Cambodia’s milled rice export hit 269,370 tonnes in the first nine months of 2014, up 1.2 per cent from 266,123 tonnes over the same period last year, according to latest official data. Seventy-seven companies have brokered Cambodian rice for 57 countries and regions around the world, ...
Far Eastern Agriculture News Staff
http://www.fareasternagriculture.com/crops/agriculture/cambodia-s-milled-rice-exports-up-1-2-per-cent-in-first-nine-months-this-year
Cambodian river sand turns up in India—again
Nearly 80,000 tons of Cambodian river sand has been sitting at a seaport in India for nearly two months, the second haul to turn up there in two years, despite a 2009 ban on the export of river sand handed down by Prime Minister Hun ...
Chris Mueller and Ouch Sony
http://www.cambodiadaily.com/business/cambodian-river-sand-turns-up-in-india-again-70164/
Heads meet to save regional rubber industry
Cambodian rubber industry representatives met with Asia’s major exporters of the commodity last week to set a floor price for natural rubber in an effort to salvage an industry suffering from plummeting values. ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/heads-meet-to-save-regional-rubber-industry-70004/
Vegetables get more attention
Cambodian authorities are stepping up inspection efforts of vegetable imports along the border after Vietnamese produce shipped to the European Union was found to contain harmful bacteria, an official from the Kingdoms import inspection unit said yesterday. Vietnamese media reported last week said that the European ...
Chan Muyhong
http://phnompenhpost.com/business/vegetables-get-more-attention
Cambodia's rice export sees slight increase in 9 months
Cambodia exported 269,370 tons of milled rice in the first nine months of 2014, up 1.2 percent from 266,123 tons over the same period last year, according to official data released Thursday. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-10/10/c_133703282.htm
Cambodia needs more investments and global integration – Moody's
Cambodia needs increased investments, and for that, deeper regional as well as global integration is crucial, Moody’s Investors Service has said. The B2 sovereign bond rating is constrained by the small size of the economy, low per capita income and high level of dollarization while robust ...
Boby Michael
http://www.ibtimes.co.uk/cambodia-needs-more-investments-global-integration-moodys-1467675
US-bound cargo from Cambodia to face enhanced scrutiny
Cargo headed to the U.S. from Cambodia will face added scrutiny due to what the U.S. Homeland Security calls inadequate security measures. According to the Cambodia Daily, U.S. authorities asked Cambodia ports to put additional security measures in place for several Cambodia ports in 2008, but ...
Corianne Egan
http://www.joc.com/port-news/asian-ports/us-bound-cargo-cambodia-face-enhanced-scrutiny_20140926.html
Cambodia's garment, footwear exports up 12.6 pct in 7 months
Garment and footwear industry, Cambodia’s largest income earner, reported a 12.6 percent rise in exports in the first seven months of 2014, according to the data of the Ministry of Commerce on Thursday. The country exported apparel and footwear products worth 3.47 billion U.S. dollars during ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-09/25/c_133672486.htm
Cambodia can gain a decent share in Chinese rice import market, say experts
A U.S. based agriculture consultancy firm has urged Cambodia rice exporters to focus on promoting their exports to the Chinese market as it has a huge untapped potential for more imports in the future, according to local sources. ...
Oryza News Staff
http://www.oryza.com/news/rice-news/cambodia-can-gain-decent-share-chinese-rice-import-market-say-experts
Cambodia holds construction, property expo as construction sector booms
An international construction and property exhibition kicked off here, in the capital city of Cambodia, on Wednesday as the country’s construction continued enjoying strong growth, officials said. Andrew Siow, chief executive officer of AMB Event-Cambodia, which organized the expo at the capital’s Diamond Island Exhibition Center, ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-09/10/c_133632913.htm
Cambodia imports construction materials worth 229 mln USD in first 6 months
Cambodia had spent about 229 million U.S. dollars buying construction materials from foreign countries in the first six months of 2014, up 3 percent from 223 million U.S. dollars over the same period last year, a report of the Ministry of Commerce said Tuesday. ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/140909/cambodia-imports-construction-materials-worth-229-mln-usd-fi
Cambodian deputy PM says strategic partnership with China creates more opportunities for businesses
The Comprehensive Strategic Partnership of Cooperation between Cambodia and China has been providing “more favourable conditions” for economic, trade and investment ties between the two countries, Cambodian Deputy Prime Minister and Cabinet Minister Sok An said on Sunday. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-09/07/c_126962873.htm
Cambodia exports 233,859 tons of rice in january-august 2014; down about 1% from last year
Cambodia exported about 233,859 tons of rice in January-August 2014, down about 1.2% from about 236,728 tons rice exported in the same period last year, according to data from the Secretariat of One Window Service for Rice Export Formality (SOWS-REF). Cambodia exported about 379,856 tons rice in all ...
Oryza News Staff
http://www.oryza.com/news/rice-news/cambodia-exports-233859-tons-rice-january-august-2014-down-about-1-last-year
Cambodia set to take second go at rice bid
Despite failing in its latest attempt to win the Philippine government’s bid to import rice, Cambodia will once again throw its hat into the ring when the offer is reissued, industry representatives said yesterday. ...
Chan Muyhong
http://phnompenhpost.com/business/cambodia-set-take-second-go-rice-bid