News

Federation mulls supporting rice export price

The Cambodia Rice Federation (CRF) on Thursday met with the Ministry of Commerce to discuss policies for strengthening the country’s ailing rice industry, and unveiled a plan to develop a price-support mechanism to guarantee Cambodia’s rice export price, officials said. ...

Kang Sothear
https://www.cambodiadaily.com/news/federation-mulls-supporting-rice-export-price-110081/

Cassava, rubber processing plants being mulled: official

Japan may import cassava and rubber from Cambodia and investors from the country are considering building processing plants for the two commodities here, according to a senior official at the Agriculture Ministry. ...

Sok Chan and May Kunmakar
http://www.khmertimeskh.com/news/22128/cassava--rubber-processing-plants-being-mulled--official/

Commerce minister says TPP could help Cambodian trade

Cambodia will need several years to chart a path toward joining the US-led Trans-Pacific Partnership, but Commerce Minister Sun Chanthol believes it would be worth the effort. ...

Hul Reaksmey
http://www.opendevelopmentcambodia.net/wp-admin/post.php?post=87802&action=edit

Cambodia and United States to sign investment treaty

Cambodia expects to conclude a Bilateral Investment Treaty (BIT) with the United States within the next month that is set to expand trade and investment between the two countries. ...

May Kunmakara
http://www.khmertimeskh.com/news/21770/cambodia-and-united-states-to-sign-investment-treaty/

Thai restaurant chain aims for bite of Cambodian market

Thailand’s Wave Entertainment Plc will expand its steak restaurant chain to Cambodia next year, according to reports in Thai media. ...

Sum Manet
http://www.khmertimeskh.com/news/21464/thai-restaurant-chain-aims-for-bite-of-cambodian-market/

Commerce minister proposes ‘extra premium’ rice brand

At the close of the three-day annual Cambodia Rice Forum, Commerce Minister Sun Chanthol on Tuesday suggested that the first-rate rice brand set to be launched on the international market this year be marketed as “Extra Premium” jasmine rice. ...

Kang Sothear
https://www.cambodiadaily.com/news/commerce-minister-proposes-extra-premium-rice-brand-106528/

Manufacturers seek help to upgrade products for export to ASEAN

Local manufacturers are calling for government support to help them make their products meet quality standards set by other members of ASEAN – standards they say will be the major barrier to access the regional market as the ASEAN Economic Community (AEC) kicks off at ...

Sok Chan
http://www.khmertimeskh.com/news/18814/manufacturers-seek-help-to-upgrade-products-for-export-to-asean/

Minister calls for better branding at trade show

Cambodian manufacturers have to improve the quality of the packaging of their goods if they want to attract investment and compete internationally, Commerce Minister Sun Chanthol said at the opening of trade show yesterday. ...

Sok Chan
http://www.khmertimeskh.com/news/18700/minister-calls-for-better-branding-at-trade-show/

Indian firms urged to invest in Kingdom

Cambodian officials and private sector representatives met a visiting Indian business delegation yesterday to pitch for more Indian investment in the country and to explore ways of increasing the relatively low level of bilateral trade and investment. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/indian-firms-urged-invest-kingdom

Firm registry moves online

Local and foreign firms looking to register their business in Cambodia can now do it from any internet-connected device after the Ministry of Commerce yesterday launched its long-awaited online business registration portal.The new, paperless system enables prospective businesses to search for a company name, upload ...

Ananth Baliga
http://www.phnompenhpost.com/business/firm-registry-moves-online

Thailand, Cambodia to open new border crossing in Sa Kaeo

The 5th Committee Joint Trade Meeting which was co-chaired by Thailand’s Commerce Minister Apiradi Tantraporn and her Cambodian counterpart, Sun Chanthol, discussed a wide range of cooperation which was mainly focused on trade and investment along the Thai-Cambodian border. ...

Thai Visa News Staff
http://news.thaivisa.com/thailand/thailand-cambodia-to-open-new-border-crossing-in-sa-kaeo/123699/

Turkish brands seek expansion in Cambodia

Turkish cosmetics brands looking to push further into the Southeast Asian market have met in the Cambodian capital, an embassy official said Wednesday. A joint economic commission was also set up that month by Cambodian Commerce Minister Sun Chanthol and Turkey’s Minister for Science, Industry ...

Lauren Crothers
http://aa.com.tr/en/turkey/turkish-brands-seek-expansion-in-cambodia/484526

OPIC plans more investment in Cambodian MFIs

A US government finance institution plans to inject more capital into Cambodia’s businesses, forecasting rapid growth in small business and microfinance institutions around the country. The development finance institution Overseas Private Investment Corporation (OPIC) is looking to invest in Cambodia’s small and medium enterprises (SMEs) ...

Sok Chan
http://www.khmertimeskh.com/news/17866/opic-plans-more-investment-in-cambodian-mfis/

Investment protection law with Russia set to pass senate

A new law protecting investment from Russia and Belarus will help Cambodia diversify its export markets as well as encourage more investments from Russia and Eastern Europe, Senate spokesman Mam Bun Neang said yesterday. ...

Sok Chan
http://www.khmertimeskh.com/news/17761/investment-protection-law-with-russia-set-to-pass-senate/

Single brand to strengthen market for fragrant rice

Cambodia must focus on building a single recognisable brand for its premium fragrant rice to strengthen its international marketing efforts, Minister of Commerce Sun Chanthol said yesterday. Cambodia’s Phka Rumduol – a long-grain, aromatic variety of rice – has been awarded the World’s Best Rice ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/single-brand-strengthen-market-fragrant-rice

Commerce minister seeks more ideas on rice export

Cambodian Commerce Minister Sun Chanthol says the country’s rice has a branding problem. With better branding, he told a group of officials at a roundtable recently, more rice would sell. ...

Sok Khemara
http://www.voacambodia.com/content/commerce-minister-seeks-more-ideas-on-rice-export/3026417.html

Minister details online business registration plans to parliament

Commerce Minister Sun Chanthol told parliament Monday of plans to overhaul the current system of registering a business in Cambodia, an often slow and corrupt process, by moving the entire system online, where registration will open on December 7. ...

Kang Sothear
https://www.cambodiadaily.com/news/minister-details-online-business-registration-plans-to-parliament-98389/

Gas-price talks yield 2 cent cut for a week

Six of the country’s eight major gas retailers yesterday agreed to a request from the Commerce Ministry to lower the price of gas by 100 riel (about two cents) per liter for the Pchum Ben festival, as negotiations on a formula for setting a price ...

Sok Chan
http://www.khmertimeskh.com/news/16669/gas-price-talks-yield-2-cent-cut-for-a-week/

China's financial power play: How a £530m dam in Cambodia symbolises the growing, sometimes ruthless, influence of Beijing across Asia

Beijing is spreading its influence by stumping up the cash to build desperately needed infrastructure throughout Asia, but with little consideration for communities or the level of corruption. “Without infrastructure, you can’t revive,” said Cambodia’s Commerce Minister, Sun Chanthol. “We have been blamed for always ...

Simon Denyer
http://www.independent.co.uk/news/world/asia/chinas-financial-power-play-how-a-530m-dam-in-northeast-cambodia-symbolises-the-evergrowing-and-sometimes-ruthless-influence-of-beijing-across-asia-10488927.html

Commerce minister calls for review of regional trade deal

Commerce Minister Sun Chanthol on Monday asked the World Bank and the European Union to review a trio of new trade agreements with Cambodia’s neighbors to determine what impact the deals would have on the country’s exports. ...

Kang Sothear
https://www.cambodiadaily.com/business/commerce-minister-calls-for-review-of-regional-trade-deal-91378/

“we can’t be rich among millions of poor”

Commerce Minister Sun Chanthol warned students at the elite Royal School of Administration on Tuesday: “We cannot live on a rich island in the middle of a poor ocean.” ...

Tin Sokhavuth
http://www.khmertimeskh.com/news/13548/---we-can---t-be-rich-among-millions-of-poor---/

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