News

Cambodia needs to develop a trade logistics plan to align the Kingdom with the regional production network and increase its competitiveness as an investment destination, a senior World Bank economist said yesterday. ...

Russia is set to approve duty- and quota-free imports for up to 3,000 Cambodian agricultural products, according to local government officials. A statement issued by Cambodia’s Ministry of Commerce on Friday states that Russia’s Minister for Economic Development, Alexey Ulyukaev, agreed in principal to increase the ...

The Willowbrook Company, a New York-based renewable energy development company, is seeking support from Cambodia to build a 250-megawatt solar power plant, the Cambodian Ministry of Commerce said in a statement Friday. Edward J.Sappin, visiting chief executive officer of the Willowbrook Company, urged the support from ...

Trade data from the US shows Cambodian exports to the world’s largest economy increased 6 per cent during the first six months of the year. As of June 30, Cambodian exports to the US totalled $1.4 billion, up from $1.32 billion recorded during the same six-month ...

A Chinese company is preparing a memorandum of understanding with Ministry of Commerce (MOC) pledging to buy 100,000 tons of rice from Cambodia, according to Sun Chanthol, Minister of Commerce. The intention was made clear during a meeting between the Minister of Commerce and Song Xiaoguo, ...

Mr S Iswaran Minister in the Prime Minister’s Office and Second Minister for Home Affairs and Trade and Industry will be making an official visit to Cambodia on 21 July 2014. ...

U.S. Ambassador William Todd and Commerce Minister Sun Chanthol praised each other for their dedication to the development of the Cambodian economy at a press conference in Phnom Penh on Monday, following a joint trade mission last month to the U.S. Mr. Todd and Mr. Chanthol, ...

Cambodian Commerce Minister Sun Chanthol concluded a trade mission in the United States this week, emphasizing his government’s willingness to make “deep” reforms to improve its investment climate. Cambodia meanwhile needs more foreign investment to create jobs for the 300,000 young Cambodians who enter the ...

The Ministry of Commerce has vowed to uncover more markets for Cambodian products to help buffer against price fluctuations caused by the Kingdom’s dependency on neighboring countries. In a response to concerns raised on social media, Commerce Minister Sun Chanthol wrote on the ministry’s official Facebook ...

Cambodia organized a seminar on Thursday to promote ASEAN awareness to approximately 3,300 students from 26 universities and told them to prepare themselves for an ASEAN community. “There will be both opportunities and challenges for Cambodia when ASEAN becomes a community at the end of ...

Formation of the National Silk Board (NSB) has been delayed due to a lag in coordinating ministries to create the industry body, according to the spokesman of Ministry of Commerce. The former minister of commerce, Cham Prasidh, said in June last year that he was aiming ...

The Ministry of Culture steamrolled 300,000 bootlegged DVDs Monday in its annual celebration of efforts to stamp out piracy. But at DVD shops across Phnom Penh, where pirated movies are sold for $1.50 or less, owners said they see little threat to their businesses. ...

Cambodian Prime Minister Hun Sen will lead a high delegation to attend the 24th ASEAN Summit and Related Meetings to be held from May 10 to 11 in Nay Pyi Taw, Myanmar, according to a foreign ministry’s statement on Monday. The prime minister will be accompanied ...

Cambodia announces today a new Intellectual Property Rights laws drafted to protect the country’s artists and musicians and their works from counterfeiting in accordance with interntional IPR standards. An event held at Ministry of Commerce was attended by newly-appointed Sun Chanthol, Minister of Commerce, who has ...

Cambodia has invited resource-rich Azerbaijan to help develop Cambodia’s prospective oil and gas industry, Commerce Minister Sun Chanthol announced during a high-level visit to the Caucasian country on Tuesday, according to Azerbaijani media reports. Mr. Chanthol laid out a goal to achieve an overall trade ...

The Ministry of Commerce is undergoing an internal shake-up to better position itself for the opening up of trade across the region. Commerce Minister Sun Chanthol told the Post yesterday that ahead of Asean Economic Community (AEC) integration in 2015, new divisions were being established and others realigned ...

The sole retailer of Mercedes-Benz cars into the country, Hung Hiep (Cambodia) Co., has suspended imports since January over what it claims is a new import duty on luxury cars coming into the country. Other luxury car importers including Porsche, Audi, BMW and Jaguar Land Rover, ...

The spectacular temples of Cambodia’s Angkor civilization have been incorporated into Google’s Street View, a boost to the impoverished country’s tourism industry that also adds urgency to efforts to preserve the sprawling historic site. The Internet giant said in a statement Thursday that Street View now ...

The United States government on Tuesday organized an intellectual property rights (IPR) enforcement workshop for some 50 Cambodian and Lao law enforcement officials. ...

European Union Trade Commissioner Karel de Gucht said he has no plans to launch an investigation into Cambodia’s much-criticized sugarcane plantations after a meeting with Commerce Minister Sun Chanthol in Phnom Penh on Tuesday. Bottom line: Cambodia’s free trade benefits to Europe are safe for ...

The European Union (EU) Trade Commissioner Karel De Gucht started his visit to Cambodia on Tuesday to bolster bilateral trade link. De Gucht held talks with his Cambodian counterpart Sun Chanthol and both sides agreed to further promote bilateral trade relations for mutual benefits, Ken Ratha, ...

European Union Trade Commissioner Karel de Gucht will visit Cambodia this week, the European Commission announced, with rights groups hoping that land grabbing related to sugar plantations will be high on the agenda. Following bilateral meetings in Brussels last week between Cambodia and the EU during ...

British Prime Minister’s Trade Envoy David Puttnam said Thursday that the country looked to boost bilateral trade volume with Cambodia to $5 billion by 2020. “The bilateral trade between the UK and Cambodia reached $1 billion last year and we expect the trade volume will hit ...

British Prime Minister’s Trade Envoy Lord Puttnam will visit Cambodia from March 4 to 7 to strengthen bilateral trade and investment relations, according to a press statement from the British Embassy here on Monday. During his visit, Lord Puttnam will call on Prime Minister Hun ...