Recent Development and Economic Outlook

The UN’s assessment suggests that Cambodia is one of the top five countries that have made significant progress toward meeting its MDGs by 2015. The poverty rate has dropped dramatically from 47.50 percent in 1993 to 34.70 percent in 2004 and 23 percent in 2011, ...

http://www.cambizreview.com/

Cambodia sees sharp rise in trade volume with its neighbors last year

Cambodia has seen a remarkable rise in trade volume with its neighboring Vietnam and Thailand in 2012, official statistics showed on Friday. The bilateral trade with Vietnam was worth 3.3 billion U.S. dollars last year, up 18 percent year-on-year, according to a data from the Vietnam ...

http://news.xinhuanet.com/english/business/2013-03/01/c_132200604.htm

Cambodia to earn $50 mln a year from cassava exports to China

Cambodia will earn about $50 million a year from exports of dried cassava to China through Sihanoukville Autonomous Port, Deputy Prime Minister Yim Chhay Ly said Thursday. Cambodia’s agricultural exports previously went through Vietnam and Thailand, amounting to between 7,000 and 8,000 tons a year. ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YjdjMmVlNGJmZDQ

Cassava exports to China up, but production lags

Chinese-owned Avic International plans to export 8,000 tonnes of dried cassava from Cambodia to the Chinese market this year. According to Chan Saron, minister of agriculture, forestry and fisheries, there are currently 31 companies listed as exporting cassava to China from Cambodia, but only 17 ...

http://www.phnompenhpost.com/2013022761642/Business/cassava-exports-to-china-up-but-production-lags.html

Moto imports jump 55 per cent

IMPORTS of motor scooters reached 264,085 units, with a total value of $139 million in the first 11 months of last year – a 55 per cent jump from 170,380 units worth $86.5 million in the corresponding period of 2011, according to data from the ...

http://www.phnompenhpost.com/2013022761643/Business/moto-imports-jump-55-per-cent.html

Logger Reported Dead as Rosewood Trade Directive Announced

Amid reports that a second Cambodian has been killed this year by Thai armed forces while illegally logging in Thai border territory, officials had little detail yesterday on a government directive that is aimed at ending the international demand for rosewood from Cambodia. Prime Minister Hun ...

http://www.cambodiadaily.com

Cambodian rice popular across Asia

Cambodian milled rice is becoming more popular throughout Asia, particularly in Malaysia, which is the number one importer of milled rice from the Kingdom. According to data from the Ministry of Agriculture, Forestry and Fisheries, Malaysia imported over 7,000 tonnes of a total 25,700 tonnes exported ...

http://www.phnompenhpost.com/2013022561575/Business/cambodian-rice-popular-across-asia.html

Rice shipments up 165 per cent

Exports of Cambodian milled rice rose sharply during the first four weeks of this year, and traders are optimistic about the demand in Asian markets, particularly China. Figures from the one-stop service office at the Council for the Development of Cambodia (CDC) show the Kingdom exported ...

http://www.phnompenhpost.com/2013022261557/Business/rice-shipments-up165-per-cent.html

Cambodia embraces intensive livestock production

Cambodia, a Southeast Asian country with 15 million inhabitants, has begun to embrace intensive livestock production despite numerous obstacles. The industry heavily relies on the import of genetics, soybean meal, fish meal, additives, medicines and vaccines. A major constraint preventing producers from taking up intensive ...

http://www.worldpoultry.net/Broilers/General/2013/2/Cambodia-embraces-intensive-livestock-production-1177745W/

Cambodia's economy grows by 7.3% in 2012: PM

Cambodia achieved a GDP growth rate of 7.3 percent last year, Prime Minister Hun Sen said Wednesday, forecasting that the growth would be higher than 7 percent this year. Addressing a conference on 2013 Cambodia Outlook, he said the growth last year came from strong growth ...

http://news.xinhuanet.com/english/business/2013-02/20/c_132180432.htm

Cambodia-US Bilateral Trade 2012 Increases Slightly

The bilateral trade between Cambodia and the United States in 2012 rose slightly, while Cambodia’s export decreased, according to a report of the United States Census Bureau of the Department of Commerce. U.S. Department of Commerce. The Cambodia-US bilateral trade saw its increase 0. 61%, while ...

http://www.akp.gov.kh/?p=30904

Oil prices hit all-time high in Cambodia

Oil prices in Cambodia hit the highest of all time on Friday, with a liter of premium gasoline going for 1.45 U.S. dollars at all petrol stations in the capital. The price is the highest ever if compared with the peak price of 1.41 U.S. dollars ...

http://news.xinhuanet.com/english/business/2013-02/15/c_132169890.htm

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