Ministry of Commerce

The UN’s International Fund for Agricultural Development (IFAD) will provide $36 million to the Commerce Ministry to help improve market access for poor farmers and small entrepreneurs. ...

When the National Assembly meets today to approve the prime minister’s second cabinet reshuffle since the last election, it will be a case of back to the future for outgoing Commerce Minister Sun Chanthol.   ...

The Commerce Ministry announced in a letter yesterday that it would push the deadline for companies to register themselves on its new online portal system back to June 30, after the majority of companies operating in the Kingdom failed to register by the original deadline ...

The newly established special industry committee to deal with the crisis confronting the rice sector will meet Deputy Prime Minister Keat Chhon today to discuss urgent solutions to the problems they face. ...

The Commerce Ministry has received more than 5,000 applications from companies to register their trademark in the first three months of this year – the same as for all of last year – a senior ministry official said yesterday. ...

With global oil prices down and a devalued United States dollar, the price of gold has remained stable and has risen slightly while trade at gold shops has been steady, a gold shop owner said yesterday. ...

The government issued its first scheduled recalculation of the fuel-pricing mechanism it rolled out on March 15, increasing the price cap on gasoline by 100 riel. ...

Thirteen provinces across the country have finished harvesting their dry season rice and yields have increased on last year’s crop, but local millers and exporters are concerned about the bulk of the crop making its way to a neighboring country.   ...

Reforming public financial management will not be effective unless there are enough qualified human resources at ministries and institutions, the prime minister said yesterday. ...

The Commerce Ministry has created a special taskforce to study challenges threatening the sustainability of the nation’s rice industry and will report its findings within two weeks, a ministry official said yesterday. ...

The drop in the price of gasoline and diesel, following new pricing regulations introduced last week, has been especially cheered by people whose incomes are low. ...

The government announced a set of price caps on retail petroleum products yesterday based on the application of its new fuel-pricing mechanism. Sor Chandara ...

Gas stations around the country will be required to sell their products at a standardized price and any that overcharge will be fined, the government said yesterday. ...

The government has reached an agreement with two foreign oil companies operating in Cambodia on a proposed fuel-price mechanism, ending a two-month deadlock that has prevented it from implementing a price ceiling on gasoline sold at petrol stations across the Kingdom. ...

An additional 70 gas stations will be set up across the country by 2020 by PTT (Cambodia) Limited, a subsidiary of Thailand’s PTT oil and gas conglomerate, while retail prices will soon be regulated to reflect the fluctuations in global oil prices. ...

Cambodia imported 2.55 million tons of petroleum in 2015, up 64 percent from 1.55 million tons in the year before, according to the data of the Ministry of Commerce. ...

About half of the country’s rice millers and exporters went out of business last year and those clinging on are likely to follow suit within two years unless the government injects capital into the sector and takes measures to curb the flood of imported rice ...

Cambodian exports grew by 17 per cent last year, driven by increases in shipments of rice and footwear, with garment export growth easing to a little under 7 per cent, according to a new Ministry of Commerce report. ...

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. ...

The number of ships coming through the port rose 17 percent year to year, and cruise ships rose from 25 to 36. ...

The Ministry of Commerce announced last week a $400 million proposal by three Chinese firms to build state-run rice warehousing facilities to increase the Kingdom’s storage capacity. ...

The $540 million Tatay River hydropower plant was inaugurated yesterday in Koh Kong, making it the second hydropower plant in the province after the Russei Chrum Krom River plant opened earlier this year. ...

Muang Thai Life Assurance (MTL) is planning to expand to the Cambodian market early next year, according to a report in the Bangkok Post. ...

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 ...