News
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
Commerce claims that donations not political
The Ministry of Commerce has defended its solicitation of donations from private organisations as voluntary, legal and a form of corporate social responsibility. The ministry’s response comes after Post Weekend revealed on Saturday, through leaked documents, that the Garment Manufacturers Association in Cambodia (GMAC) made a ...
Eddie Morton
http://phnompenhpost.com/business/commerce-claims-donations-not-political
Cybercrime law’s status uncertain
A Ministry of Commerce official said in a speech last week that the controversial draft cybercrime law was almost ready to appear before the National Assembly, though another government official dismissed this yesterday. At a conference on cybersecurity attended by representatives of the public and private ...
Sean Teehan
http://phnompenhpost.com/national/cybercrime-law%E2%80%99s-status-uncertain
Steady rise for business registration in Kingdom
Despite ongoing protests over the minimum wage in the garment industry and the political deadlock that lasted well in to July, Cambodia registered over 3,000 new businesses from January to September this year. The latest data from the Ministry of Commerce reveal there were 3,025 newly ...
May Kunmakara
http://phnompenhpost.com/business/steady-rise-business-registration-kingdom
Latest garment export figures show growth
Garment and footwear exports earned $3.92 billion over the first eight months of 2014, up more than 7 percent year-on-year, according to new figures from the Ministry of Commerce. The latest numbers show a slowdown after year-on-year earnings for the first six months of the year ...
Hul Reaksmey and Zsombor Peter
http://www.cambodiadaily.com/business/latest-garment-export-figures-show-growth-69546/
Cambodia holds fair to promote local fruits, vegetables
The fifth edition of the Cambodian fruits and vegetables show kicked off here on Friday, aiming to promoting local products and reducing imports of foreign fruits and vegetables, officials said. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-10/03/c_133690684.htm
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
Cambodian PM, businessmen head to Nanning for 11th ASEAN-China Expo
Cambodian Prime Minister Hun Sen, accompanied by businesspeople and senior officials, flew to Nanning City of southwest China’s Guangxi province on Monday to attend the 11th ASEAN-China Expo. Senior officials accompanying the prime minister included Commerce Minister Sun Chanthol, Governor of the National Bank of Cambodia Chea ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-09/15/c_133643051.htm
Israeli businessmen interested in cassava investment in Cambodia
A group of investors from Israel showed their interest in investing in cassava in Cambodia, according to a statement by Ministry of Commerce. Chanthol expressed his support for this cassava investment project and recognized the importance of advance technology in agriculture production and processing to ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=ZGY4NjczNGZhNTY
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 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
Logistics reforms ‘needed to increase competitiveness’
Cambodia needs to develop a trade logistics plan to align the Kingdom with the regional production network and increase its competitiveness as an investment destination, a senior World Bank economist said yesterday. ...
Chan Muyhong
http://phnompenhpost.com/business/logistics-reforms-%E2%80%98needed-increase-competitiveness%E2%80%99
Cambodia sees 44% rise in new company registrations in 7 months
Cambodia has granted operating licenses to 2,424 new companies in the first seven months of 2014, up 44 percent compared with 1,688 firms over the same period last year, according to the latest report of the Ministry of Commerce on Tuesday. ...
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=238871
Russia pledges duty-free trade
Russia is set to approve duty- and quota-free imports for up to 3,000 Cambodian agricultural products, according to local government officials. A statement issued by Cambodia’s Ministry of Commerce on Friday states that Russia’s Minister for Economic Development, Alexey Ulyukaev, agreed in principal to increase the ...
Chan Muyhong and Charles Rollet
http://phnompenhpost.com/business/russia-pledges-duty-free-trade
Call to cap CP’s export of swine
A livestock industry representative has called on the government to cap Cambodia’s only live pig export company’s trade with Laos, citing shortages in the local market. CP Cambodia, a subsidiary of the Thai conglomerate CP Global, exported some 25,000 head of live swine – boars, sows ...
Chan Muyhong
http://www.phnompenhpost.com/business/call-cap-cp%E2%80%99s-export-swine
U.S. renewable energy developer eyes investment opportunity in Cambodia
The Willowbrook Company, a New York-based renewable energy development company, is seeking support from Cambodia to build a 250-megawatt solar power plant, the Cambodian Ministry of Commerce said in a statement Friday. Edward J.Sappin, visiting chief executive officer of the Willowbrook Company, urged the support from ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-08/22/c_133576584.htm
Quality control to lift exports
China will work with Cambodian officials to broaden the range of agricultural products that the Asian economic giant allows to be imported from the Kingdom, government officials said yesterday. Ken Ratha, spokesman for the Ministry of Commerce, confirmed that China’s General Administration, Quality Supervision, Inspection and ...
Chan Muyhong
http://www.phnompenhpost.com/business/quality-control-lift-exports
Cambodia garment sector small fry for suppliers
In Cambodia, where the garment sector accounts for 80 percent of exports, hundreds of thousands of people depend on their slice of the $5 billion industry to survive. But for suppliers currently exhibiting their wares at a trade show this weekend on Phnom Penh’s Koh Pich ...
Holly Robertson and Kang Sothear
http://www.cambodiadaily.com/news/cambodia-garment-sector-small-fry-for-suppliers-66677/
Cambodia, US trade up in first half of year
Trade data from the US shows Cambodian exports to the world’s largest economy increased 6 per cent during the first six months of the year. As of June 30, Cambodian exports to the US totalled $1.4 billion, up from $1.32 billion recorded during the same six-month ...
Hor Kimsay
http://www.phnompenhpost.com/business/cambodia-us-trade-first-half-year
China signs 100,000-tonne rice import agreement
The Chinese government-run China National Cereals, Oils and Foodstuffs Corporation (COFCO) will today formally agree to import 100,000 tonnes of rice from Cambodia, local officials say. Representatives from COFCO and Green Trade Co, a Cambodian government-owned agriculture firm, today met in Beijing to sign the agreement, ...
Chan Muyhong
http://www.phnompenhpost.com/business/china-signs-100000-tonne-rice-import-agreement
Hun Sen lambasts disaster management official
Prime Minister Hun Sen lambasted a senior official in the National Committee for Disaster Management (NCDM) on Thursday after announcing that he would allocate money to aid victims of recent floods that have killed a total of 12 people. Speaking at the Chaktomuk Conference Hall for ...
Hul Reaksmey
http://www.cambodiadaily.com/news/hun-sen-lambasts-disaster-management-official-65994/
Cassava farmers plead for gov’t help
Cassava farmers are calling on the government to standardise prices and help stabilise demand as the market for the root crop continues to prove risky for growers. Cassava exports totalled 226,000 tonnes in the first six months of the year, down 21 per cent from a ...
Chan Muyhong
http://www.phnompenhpost.com/business/cassava-farmers-plead-gov%E2%80%99t-help
Cashew nut export numbers aren’t adding up: producers
Cambodian cashew nut exports are on the rise, yet export figures are still well below production numbers, with thousands of tonnes unaccounted for. Unshelled cashew nut exports totalled close to $2.5 million in the first six months of the year, with 2,800 tonnes exported, a rise ...
Chan Muyhong
http://www.phnompenhpost.com/business/cashew-nut-export-numbers-aren%E2%80%99t-adding-producers
Cambodia's rubber exports up 91 pct in H1
Cambodia has seen a 91 percent rise in dry rubber exports in the first half of 2014 as revenue from the exports increased only 3 percent due to global decline of rubber prices. During the January-June period this year, the country exported 42,190 tons of dry ...
ASEAN-China Center News Staff
http://www.asean-china-center.org/english/2014-07/29/c_133518119.htm