Cambodia’s exports continue to face challenges amidst global headwinds

The Kingdom’s export to the international market is under threat although the country has secured regional and global free trade agreements, according to the Ministry of Commerce (MOC). ...

Sorn Sarath
https://www.khmertimeskh.com/50764362/cambodias-exports-continue-to-face-challenges-amidst-global-headwinds/

Going nuts for cashews

The Cambodian government together with nongovernmental organisations (NGOs), the private sector and farmers are joining hands to develop the cashew industry by establishing a Cambodia Cashew Federation (CCF) to commercialise the sector internationally. ...

Sorn Sarath
https://www.khmertimeskh.com/50763659/going-nuts-for-cashews/

Weekend market to be extended to other targeted provinces

The Weekend Market, one of the major activities of Accelerating Inclusive Markets for Smallholders (AIMS) project, will be extended to other targeted provinces and Phnom Penh capital in the near future, to promote local agro-commercial products. ...

Nika/AKP
https://www.khmertimeskh.com/50761683/weekend-market-to-be-extended-to-other-targeted-provinces/

Local businesses and entrepreneurs urged to join China-Asean Expo 2020

The Ministry of Commerce is calling on businesses, entrepreneurs, investors and producers to participate in the World Expo and International Trade Exhibitions. ...

Sok Chan
https://www.khmertimeskh.com/50758084/local-businesses-and-entrepreneurs-urged-to-join-china-asean-expo-2020/

Cambodia-China FTA to boost bilateral trade, investment ties

The free trade agreement (FTA) between Cambodia and China will undoubtedly promote stronger trade and investment ties between the two countries, Cambodia’s Commerce Minister Pan Sorasak said in a recent interview with Chinese media. ...

Xinhua
https://www.khmertimeskh.com/50752996/cambodia-china-fta-to-boost-bilateral-trade-investment-ties/

Free trade agreement talks with Korea set to kick off on Thursday

Cambodia and South Korea will begin first-round negotiations on a bilateral free trade agreement (FTA) on Thursday, another step toward diversifying the Kingdom’s exports following the recent completion of FTA talks with China. ...

Thou Vireak
https://www.phnompenhpost.com/business/free-trade-agreement-talks-korea-set-kick-thursday

E-Commerce Strategy finally incorporated

The Ministry of Commerce and relevant ministries have officially and collectively signed off the E-Commerce Strategy to bring the sector to a new level. According to Mr Sorasak, the strategy fits well with the on-going context of the Industrial Revolution 4.0 and will further boost ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50748715/e-commerce-strategy-finally-incorporated/

Sino-Cambodia FTA talks wrap up, signing to follow

Cambodia and China wrapped up free trade agreement (FTA) talks on Monday, the Ministry of Commerce said. The announcement was made during a video conference between Minister of Commerce Pan Sorasak and his Chinese counterpart Zhong Shan. The deal is expected to propel bilateral trade ...

Thou Vireak
https://www.phnompenhpost.com/business/sino-cambodia-fta-talks-wrap-signing-follow

Crisis talks on threat to rice imports

The Commerce Ministry and Cambodia Rice Federation (CRF) had an urgent meeting about the USA Rice Federation to the The United States International Trade Commission (USITC) on the eliminating a trade benefit on rice imported to US including from Cambodia. ...

Sok Chan
https://www.khmertimeskh.com/50744806/crisis-talks-on-threat-to-rice-imports/

After FTA with China, S. Korea next in line to negotiate free trade agreement

A free trade agreement negotiation between Cambodia and the Republic of Korea has been scheduled to kick-start shortly. This was said by Pan Sorasak, Minister of Commerce when meeting Park Heung-Kyeong, Ambassador of S. Korea to Cambodia, at the ministry office. ...

Khmer Times Staff
https://www.khmertimeskh.com/50743512/after-fta-with-china-s-korea-next-in-line-to-negotiate-free-trade-agreement/

More Japanese investments on industry and agro-processing sought

Cambodian Minister of Commerce Pan Sorasak has encouraged Japanese investors to invest in the fields of industry and agricultural product processing in Cambodia. The call was made when he received a delegation of Japanese Business Association of Cambodia (JBAC) at the ministry Thursday. In the ...

Chea Vannak/AKP
https://www.khmertimeskh.com/50741042/more-japanese-investments-on-industry-and-agro-processing-sought/

SME chief complains of excessive red tape

The representative of the Cambodia Food Manufacture Association (CFMA) has requested a reduction in government red tape especially for the small and medium enterprises. ...

Sok Chan
https://www.khmertimeskh.com/50732781/sme-chief-complains-of-excessive-red-tape/

Cambodia ‘easy’ on EU-Vietnam trade deal

Cambodia will not show concern over the impact of the ratification of the European Union (EU)-Vietnam Free-Trade Agreement (EVFTA) which is expected to enter into force on Aug 1, according to senior government officials. ...

Sok Chan
https://www.khmertimeskh.com/50732206/cambodia-easy-on-eu-vietnam-trade-deal/

Cambodia pushes hard on free-trade agreements

Cambodia’s government is pushing for free-trade agreement (FTA) talks with potential partners while seeking Russian’s help for a Eurasian Economic Union (EAEU) free trade agreement. ...

Sorn Sarath
https://www.khmertimeskh.com/50723292/cambodia-pushes-hard-on-free-trade-agreements/

Australian firm keen to invest in Cambodia’s rice production chain

An Australian firm is eying investment in Cambodia’s paddy rice and milled rice production chain for export to Australia. This was made known by Pablo Kang, Ambassador of Australia during a meeting with Pan Sorasak, Minister of Commerce. ...

Khmer Times Staff
https://www.khmertimeskh.com/50723439/australian-firm-keen-to-invest-in-cambodias-rice-production-chain/

Cambodian rice exports burdened by power and transport costs

The Ministry of Commerce and Cambodia Rice Federation (CRF) are continuing working to solve the long-running challenges of the Kingdom’s high cost of electricity and transportation in order to boost the country’s rice industry. ...

Sorn Sarath
https://www.khmertimeskh.com/50722616/cambodian-rice-exports-burdened-by-power-and-transport-costs/

Free-trade talks continue despite the pandemic

Cambodia is closer to inking trade deals with developed economies despite the ongoing COVID-19 pandemic. Seang Thay, a spokesperson at the Ministry of Commerce, told Khmer Times yesterday that the free-trade agreement (FTA) negotiations between Cambodia, South Korea, China and ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50717809/free-trade-talks-continue-despite-the-pandemic/

Gasoline prices down by over a third

According to a data graphic from the Ministry of Commerce released on Thursday, regular petrol went from 3,550 riel ($0.88) to 2,250 riel ($0.56) per litre, representing a 36.6 percent decrease.​ ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50714010/gasoline-prices-down-by-over-a-third/

Gov’t set to finalise antitrust, competition draft law

The government will soon finalise a draft law on antitrust and competition, and submit it to the National Assembly for approval, Ministry of Commerce senior official told The Post on Wednesday. ...

Thou Vireak
https://www.phnompenhpost.com/business/govt-set-finalise-antitrust-competition-draft-law

Second round of China FTA talks close

The second round of negotiations for a Cambodia-China Free Trade Agreement highlighted the potential for expanding trade, investment, services, and strengthening cooperation between the two countries in the upcoming years, Ministry of Commerce secretary of state Sok Sopheak said in a press release on Friday. ...

Thou Vireak
https://www.phnompenhpost.com/business/second-round-china-fta-talks-close

Pandemic causes rise in Consumer Price Index

The COVID-19 pandemic has increased the Consumer Price Index (CPI) , according to a monthly report from the  Ministry of Commerce. ...

Khmer Times Staff
https://www.khmertimeskh.com/50710643/pandemic-causes-rise-in-consumer-price-index/

Big fall in petrol prices

Cambodia’s retail gasoline price has strongly declined for the first time because of the fall on the international market, according to the monthly oil prices set by the Ministry of Commerce revealed yesterday. ...

Khmer Times Staff
https://www.khmertimeskh.com/50708398/big-fall-in-petrol-prices/

Cambodia-Indonesia trade rise to record high in 2019

Bilateral trade between Cambodia and Indonesia jumped 46 per cent to a record high of more than $792 million last year, from $543 million in 2018, the Ministry of Commerce said. ...

Thou Vireak
https://www.phnompenhpost.com/business/cambodia-indonesia-trade-rise-record-high-2019

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