News
New Mekong Port to Ease Overloaded Phnom Penh Terminal
With cargo traffic at the Phnom Penh Autonomus Port growing rapidly, a nearly completed container terminal just south of the city on the Mekon River should help ease the congestion. The 30-hectare port, in Kandal province’s Kein Svay district, was completed late last month, though cranes ...
Needs compared with the UK
Cambodia’s needs and how they overlap with the UK’s strengths are an important issue in trade and investment relations between the two countries, according to British Ambassador Mark Gooding during a presentation to the Cambodian Chamber of Commerce (CCC) yesterday. Bilateral trade is mainly driven by ...
http://www.phnompenhpost.com/index.php/2012090458466/Business/uk-to-diversify-trade-ambassador.html
Cambodia ripe for more exports
Cambodia offers plenty of opportunities for Vietnamese exporters although there is intense competition from countries such as Thailand and China, delegates said at a conference in HCM City last Thursday. Le Quoc Phong, general director of the Binh Dien Fertiliser Group, said the Cambodian market had ...
http://vietnamnews.vnagency.com.vn/Economy/226853/cambodia-ripe-for-more-exports.html
Rice industry calls for help
Milled-rice exporters have called on the government to continue its efforts in reducing electricity and transportation costs, two of the main obstacles facing the government’s goal of exporting 1 million tonnes of milled rice by 2015. At a working group on rice exports on Friday, 40 ...
http://www.phnompenhpost.com/index.php/2012061156715/Business/rice-industry-calls-for-help.html
Gov’t Launches Body in Effort to Up Rice Exports
The Ministry of Commerce is setting up a National Confederation for Rice Exporters to achieve Prime Minister Hun Sen’s target of exporting 1 million tons of milled rice by 2015. ...
China stalls Cambodia’s first rice exports at border
Cambodia had made its first direct shipment of rice to China, an official revealed yesterday, but the test run, which was hoped to open the vast Chinese rice market to local exporters, was largely unsuccessful. Golden Rice Co Ltd shipped 48 tonnes of milled rice to ...
Draft Law Aims to Combat Price Dumping
The government is finalizing a draft law that will aim to prevent importers from price dumping and protect local producers by allowing authorities to raise tariffs on goods, according to a copy of the draft law. In the past, local producers have been negatively affected by ...
New law drafted to address price dumping
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 ...
Rice Scheme Will Hurt Thais and Help Vietnam
Thailand–Consumers face prospect of high prices, low quality rice from Burma, Cambodia: TDRI. While consumers and taxpayers will suffer from the government’s controversial rice policy, Vietnam will substantially gain, the Thailand Development Research Institute (TDRI) has warned. Ammar Siamwalla, a prominent economist, yesterday asked the ...
Thai Rice Policy: Wait and See
Setting a minimum price for paddy is one of the campaign promises that the Pheu Thai party made to its supporters during the recent election campaign in Thailand before it was elected to power. Now it’s a matter of waiting to find out whether this ...
Building water links to Vietnam
Authorities are planning upgrades to effectively double the capacity of boats travelling from Phnom Penh Autonomous Port to Vietnam, according to port Director General Hei Bavy. A 2009 agreement with Vietnam authorities allows ships travelling down the Mekong from Cambodia to offload at Cai Mep ...
More competition from Thai millers
Thai government proposals to pay above market prices to rice farmers could complicate Cambodia’s goal of becoming a major milled rice exporter, according to industry insiders. Pheu Thai party leader Yingluck Shinawatra has announced plans to buy rough rice for a guaranteed price of 15,000 ...