ព័ត៌មាន​

Cambodia and Thailand are poised for a boost in trade and tourism following a new agreement taking effect today that simplifies procedures at a key border crossing between the two nations. “The ability to move people, goods, and vehicles across borders efficiently and responsibly is at the heart of regional economic integration,” said Craig Steffensen, ...

Prime Minister Hun Sen, in his capacity as Asean chairman, will lead a delegation to Mexico on Monday and Tuesday to attend the Group of 20 summit, the Ministry of Foreign Affairs said. Foreign Minister Hor Namhong will join Mr. Hun Sen at the summit, which ...

Cambodia-India trade valued $85 million last year while Cambodian exports amounted $12 million and imports from India were worth $73 million, an official said Friday. ...

Cambodia on May 21 officially started to trade life insurance for first time in history with hope of supplementing social security and growth of insurance development in the kingdom. At the inauguration ceremony at 21st floor of Canadia Tower in Phnom Penh, His Excellency, Aun Porn Moniroth, secretary of state of finance ministry said: “it ...

China sees Cambodia as one of the potential trade and investment partners among the Association of Southeast Asian Nations (ASEAN) and pledges to boost closer economic ties between the two countries, said a senior Chinese official on Tuesday. Wan Jifeisaid that his visit to Cambodia ...

Export to Vietnam climbed more than 57 per cent year on year in the first quarter of 2012 as farmers looked for alternative destinations for products that went to Thailand last year. The primarily agricultural exports to Cambodia’s eastern neighbour were worth US$201.5 million, up from ...

The government will spend a total of $85 million, funded by a Japanese government loan, for the third and final phase of the expansion of Sihanoukville Autonomous Port, which will more than double the port’s import-export capacity by 2012, Prime Minister Hun Sen said yesterday. “It ...

Kampot Port Co will break ground on a Kampot port in September, company officials said yesterday. The port will be an important part of a long-delayed Kampot Special Economic Zone (KSEZ), which is hoped to revitalise trade and commerce in the province. Vinh Huor, president of the ...

Government officials have joined forces with Japanese experts to formulate a new plan for economic diversity in Cambodia. Foreign direct investment in Cambodian industry has largely gone to garment manufacturing during the past 10 years, putting the country at risk of economic shock in the event ...

Chinese President Hu Jintao and Cambodian Prime Minister Hun Sen agreed here Saturday to advance the comprehensive relations of strategic cooperation and partnership between their two countries. In a meeting, the two leaders pledged to expand mutually beneficial cooperation in all fields and to double the ...

CSX chief executive Hong Sok Hour explains how the exchange will function on its first day of trading and into the future. The way to begin trading on the CSX is to open an account with any one of a dozen securities firms which are licensed ...

Cambodia’s total exports surged 42 per cent through November to US$4.5 billion from $3.16 billion, official data from the Ministry of Commerce showed, as the Kingdom’s staple products of garments, textiles and agriculture led the move. Rising global demand, new trade agreements with regional neighbours and ...

Vietnam’s Military Commercial Joint-Stock Bank (MB Bank) will open its doors in Phnom Penh today, becoming the fourth Vietnamese bank to set up operations here and bringing the total number of commercial banks in Cambodia to 31. Nguon Sokha, general director of the National Bank of ...

Prime Minister Hun Sen called for improved relations between Cambodia, Laos and Vietnam during sideline discussions with high-ranking officials from the three countries at a meeting in Phnom Penh yesterday. Hun Sen’s personal spokesman, Eng Sophalleth, said the premier had spoken with Huynh Dam, president of ...

Small and medium-sized enterprises, which are expected to play a key role in the Kingdom’s emergent stock market, are far from ready to list, insiders say. Most important, many SMEs lack the standardisations and controls required of publicly traded companies by the Securities and Exchange Commission ...

Bilateral trade between Cambodia and South Korea jumped more than 40 per cent year-on-year through September, according to the Korea Trade Investment Promotion Agency. Total trade between January and September reached $387 million, according to KOTRA, up 45 per cent from $267 million during the year-ago ...

Cambodian rice trader TTY Corporation has said the Kingdom cannot meet a new 200,000-tonne export quota for shipping high-quality rice to China. State-owned Sinograin’s order for three varieties of milled fragrant rice was a deviation from an agreement struck with TTY in August, TTY deputy director-general ...

Freight shipments through Phnom Penh Autonomous Port, Cambodia’s second largest port, increased more than 30 per cent year-on-year through October, according to official figures ...

The World Trade Organisation today will conclude its first-ever review of Cambodia’s trade policies and practices and issue its concluding remarks. The trade review, which began on November 1, is the first time the Kingdom, which was the first least-developed country to fully accede to the ...

Cambodian crocodile farmers have blamed the falling price of the reptile on flooding, which they say has turned away Thai and Vietnamese buyers – the market’s cornerstone. Prices for young crocodiles have dropped 25 per cent since August, Kandal breeder Kaing Sarin said. His reptiles fetched ...

Trade between Cambodia and Vietnam surpassed a US$2 billion trade target for 2011 in just the first nine months of the year, according to the Vietnam Trade Office in Phnom Penh. Trade between the two countries hit the higher-than-projected $2.07 billion in September, up from about ...

With few reforms made in the past year, Cambodia ranked 138th out of 181 countries for the second consecutive year in the World Bank’s ‘Doing Business’ report released yesterday, a ranking that put it behind countries such as Syria and Sudan. The report ranks countries based ...

The increasing number of Vietnamese investors gives more potential to the Cambodia market. Saigon Though Tin Commercial Bank (Sacombank), on October 5, opened fully its operation as a foreign bank in Cambodia where before it was just a branch in Phnom Penh after the business ...

Officials and trade experts discussed a new draft law at a conference in Phnom Penh yesterday that would allow the government to protect exporters against competitors abroad that engage in price dumping, or selling products at an extremely low price. Speaking on the sidelines of the ...