The Phnom Penh Post
Unseasonable rainfall melts salt production hopes
This year’s salt market will not be as strong as it was last year, with yields and prices expected to drop, according to salt producers in Kampot province. ...
Hin Pisei
https://www.phnompenhpost.com/business/unseasonable-rainfall-melts-salt-production-hopes
Aquaculture group urges authorities to enforce import rules, ease transport issues
The Cambodian Aquaculturist Association (CAA) on April 19 called on relevant authorities and institutions to enforce compliance with fish-import regulations and facilitate transport for distributors to ensure an adequate market supply of fish to reverse a recent price jump. ...
https://www.phnompenhpost.com/business/aquaculture-group-urges-authorities-enforce-import-rules-ease-transport-issues
https://www.phnompenhpost.com/business/aquaculture-group-urges-authorities-enforce-import-rules-ease-transport-issues
COs still issued amid lockdown, logistics bottlenecks
The Ministry of Commerce urged producers and exporters to continue applying for certificates of origin (CO) despite transport and logistics issues stemming from the ongoing lockdown in Phnom Penh and Takhmao town. ...
Thou Vireak
https://www.phnompenhpost.com/business/cos-still-issued-amid-lockdown-logistics-bottlenecks
Revenue from international tourism dips 80 per cent in 2020
Cambodia booked just $1.023 billion in international tourism revenue last year, representing a 79.4 percent nosedive from $4.919 billion in 2019 due to the sweeping effects of the global Covid-19 pandemic, the Ministry of Tourism reported on April 19. ...
Hin Pisei
https://www.phnompenhpost.com/business/revenue-international-tourism-dips-80-cent-2020
CRF head asks city hall to ease market circulation of rice
A prominent rice industry representative on April 19 asked the Phnom Penh authorities to loosen constraints on the movement of milled rice within restricted areas in the capital and adjacent Takmao town, amid a two-week lockdown that has been imposed to contain the current spread ...
May Kunmakara
https://www.phnompenhpost.com/business/crf-head-asks-city-hall-ease-market-circulation-rice
Phnom Penh Autonomous Port maintains growth in Q1
Locally-listed Phnom Penh Autonomous Port (PPAP) reported $7,770,742 in revenue for the first quarter of 2021, up 2.19 percent over the $7,603,877 posted in the corresponding period last year. ...
Hin Pisei
https://www.phnompenhpost.com/business/phnom-penh-autonomous-port-maintains-growth-q1
Local rice producers sell at discount
A number of Cambodia Rice Federation (CRF) member companies have reduced retail prices of milled rice by 10,000-20,000 riel ($2.50-5) per 50kg sack to participate in government efforts to improve people’s livelihoods during the ongoing two-week coronavirus lockdown in Phnom Penh and adjacent Takhmao town ...
Thou Vireak
https://www.phnompenhpost.com/business/local-rice-producers-sell-discount
Taxpayers still able pay online during lockdown
The General Department of Taxation (GDT) has advised taxpayers and tax service agencies located in lockdown-restricted areas to electronically file income tax returns and avoid the risk of spreading the novel coronavirus. ...
Hin Pisei
https://www.phnompenhpost.com/business/taxpayers-still-able-pay-online-during-lockdown
Cambodia registers about 8,000 trademarks in 2020
Local and international companies registered 7,997 trademarks with the Ministry of Commerce 2020, up 30 percent over the previous year, the ministry reported. The ministry said it mediated 23 cases of infringement and dissolved 37 trademarks during the year. ...
Thou Vireak
https://www.phnompenhpost.com/business/cambodia-registers-about-8000-trademarks-2020
Cambodia maintains export growth to South Korea
Cambodia exported $99.07 million worth of merchandise to South Korea in the first quarter of 2021, marking a marginal increase of more than five per cent from $93.85 in January-March of last year despite the ongoing Covid-19 pandemic, according to data from the Korea International ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-maintains-export-growth-south-korea
Car import values falls by more than 36% in 2020
The global Covid-19 pandemic caused the value of imported cars to Cambodia in 2020 to drop to nearly $1.1 billion, a decrease of more than 36 per cent compared to 2019, according to a report issued by the Ministry of Commerce. ...
Hin Pisei
https://www.phnompenhpost.com/business/car-import-values-falls-more-36-2020
Papa John’s set to open 15 stores in Kingdom over next three years
US-based pizza chain Papa John’s International Inc on April 7 unveiled plans to open 15 new outlets in the Kingdom over the next three years. Papa John’s opened its flagship store in Phnom Penh late last month, the company said in a press release. ...
Thou Vireak
https://www.phnompenhpost.com/business/papa-johns-set-open-15-stores-kingdom-over-next-three-years
Gov’t mulls Angkor entry for vaccinated foreign tourists in Q4
International tourists with proof of Covid-19 vaccination in the fourth quarter (Q4) of this year could be allowed into Siem Reap province’s Angkor Archaeological Park even within 14 days of arrival to Cambodia, amid tentative government plans to ease its quarantine policy, according to Minister ...
Hin Pisei
https://www.phnompenhpost.com/business/govt-mulls-angkor-entry-vaccinated-foreign-tourists-q4
France mulls $95M in agri-loans
The Ministry of Agriculture, Forestry and Fisheries expects to receive €80 million ($95 million) in loans this year from the French government and Asian Development Bank (ADB) to develop two projects that support Cambodian agricultural value chains. ...
Thou Vireak
https://www.phnompenhpost.com/business/france-mulls-95m-agri-loans
IMF’s Georgieva: Cambodian economy to grow 4.2% in 2021
International Monetary Fund (IMF) managing director Kristalina Georgieva on April 7 said the Cambodian economy is expected to grow 4.2 percent this year, following a 3.5 percent contraction in 2020, but cautioned that local governments around the world should proceed with prudential policies and proactive ...
May Kunmakara
https://www.phnompenhpost.com/business/imfs-georgieva-cambodian-economy-grow-42-2021
ADB asked to craft game plan for monorail, subway
The Ministry of Public Works and Transport on April 6 asked the Metro Manila-based Asian Development Bank (ADB) to help devise strategies for monorail and subway projects planned for Phnom Penh. ...
Thou Vireak
https://www.phnompenhpost.com/business/adb-asked-craft-game-plan-monorail-subway
ABC, CMA set out six debt relief measures
The Association of Banks in Cambodia (ABC) and Cambodia Microfinance Association (CMA) on April 7 ordered members to adopt six measures of financial relief in light of the economic fallout and depressed incomes caused by the February 20 community transmission of Covid-19. ...
May Kunmakara
https://www.phnompenhpost.com/business/abc-cma-set-out-six-debt-relief-measures
Dry season rice crops have bumper Q1, exports decrease by 33 per cent
Yields for this year’s dry-season crops, especially rice, increased significantly in the first quarter of 2021, though exports decreased compared to the same period last year, according to the Ministry of Agriculture, Forestry and Fisheries. ...
Long Kimmarita
https://www.phnompenhpost.com/national/dry-season-rice-crops-have-bumper-q1-exports-decrease-33-cent
Jabs could be ‘mandatory’: PM
Prime Minister Hun Sen has suggested that vaccination become “mandatory” if the rate of Covid-19 infection does not subside and that this policy – if adopted – would first be applied to Phnom Penh. ...
Mom Kunthear
https://www.phnompenhpost.com/national/jabs-could-be-mandatory-pm
MRC unveils plans to balance Mekong basin development
The Mekong River Commission (MRC) unveiled a new 10-year Basin Development Strategy (BDS) and five-year Strategic Plan (SP) to balance basin development and management to enable Mekong member countries to address emerging challenges and improve the overall state of the basin. ...
Lay Samean
https://www.phnompenhpost.com/national/mrc-unveils-plans-balance-mekong-basin-development
CSHD destroys 181 units of UXO found in Oddar Meanchey village
Cambodia Self Help Demining (CSHD) destroyed 181 pieces of unexploded ordnance (UXO) on April 6 after finding them on April 4 in Po Chas village of Banteay Ampil district’s Beng commune in Oddar Meanchey province. ...
Kim Sarom
https://www.phnompenhpost.com/national/cshd-destroys-181-units-uxo-found-oddar-meanchey-village
Gov’t imposes inter-province travel ban ahead of New Year
The government has imposed inter-provincial travel ban from April 7-20 in a bid to contain the spread of Covid-19. However, Phnom Penh and neighbouring Kandal province are treated as one administrative region, so travel between them can continue. ...
Gov’t imposes inter-province travel ban ahead of New Year Mom Kunthear
https://www.phnompenhpost.com/national/govt-imposes-inter-province-travel-ban-ahead-new-year
Commerce ministry posts 50.8% dip in revenue
The Ministry of Commerce posted $12.7 million in revenue for 2020, down by 50.83 per cent over $26.60 million in 2019, driven down by reductions in business registration fees and an increasing number of merchants self-certifying their products’ origins. ...
Thou Vireak
https://www.phnompenhpost.com/business/commerce-ministry-posts-508-dip-revenue
PM: Use more Cambodian products
Prime Minister Hun Sen on April 1 appealed to Cambodians’ sense of patriotism to use more local products and called on producers to provide an extra dose of care in their operations to win over consumers. ...
Thou Vireak
https://www.phnompenhpost.com/business/pm-use-more-cambodian-products