News

Cambodia aims at more FTAs to boost economic growth

The government is considering the establishment of more bilateral free trade agreements to access broader markets for Cambodia-made products. ...

Chea Vanyuth
https://www.khmertimeskh.com/501233025/cambodia-aims-at-more-ftas-to-boost-economic-growth/

Cambodia eying more bilateral FTAs

The Royal Government of Cambodia has been pushing for the establishment of more bilateral free trade agreements (FTAs) with main trade partners in order to access wider markets for the Cambodia-made products. ...

Khmer Times Staff
https://www.khmertimeskh.com/501232448/cambodia-eying-more-bilateral-ftas/

Private trade centres eyed for five cities across China

The Ministry of Commerce plans to set up five Cambodian private business centres in China to step up the Kingdom’s exports to the East Asian giant and maximise use of the bilateral free trade agreement (FTA) between the two countries, the ministry’s two-day annual meeting ...

Hin Pisei
https://www.phnompenhpost.com/business/private-trade-centres-eyed-five-cities-across-china

South Korea investment sought as five MoUs signed

Two high-ranking Cambodian officials have issued fresh rallying calls for South Korean entities to invest in the Kingdom and take advantage of its bilateral and multilateral trade pacts, especially the Cambodia-Korea Free Trade Agreement (CKFTA) that took effect on December 1. ...

May Kunmakara and Van Socheata
https://www.phnompenhpost.com/business/south-korea-investment-sought-five-mous-signed

Cambodia looks at FTA possibility with Switzerland

Cambodia, which successfully entered into several free trade agreements (FTA) last year, is looking at the prospect of having a similar partnership with Switzerland. ...

Adur Pradeep
https://www.khmertimeskh.com/501225199/cambodia-looks-at-fta-possibility-with-switzerland/

Hun Sen encourages Korean investment

Prime Minister Hun Sen asked a former South Korean leader to help promote Cambodia and attract more Korean investors to the Kingdom now that there is a free trade agreement (FTA) in place between the countries. ...

Lay Samean
https://www.phnompenhpost.com/business/hun-sen-encourages-korean-investment

Australia to help develop FTA portal to promote trade, investment

Australia’s Ambassador to Cambodia Pablo Kang and Minister of Commerce Pan Sorasak jointly launched two publications: “Cambodian Crops with Prospects for the EU and RCEP Markets” and, “Cambodia and Unlocking Global Markets by Leveraging Free Trade Agreements”. ...

Sok Sithika
https://www.khmertimeskh.com/501216671/australia-to-help-develop-fta-portal-to-promote-trade-investment/

Ministry of Commerce works to open rice market through FTAs

Efforts to open the rice market and process rice-derived products through free trade agreements (FTAs) has paved a way for the increase of exports over the last 10 months of the year. ...

Khmer Times Staff
https://www.khmertimeskh.com/501190734/ministry-of-commerce-works-to-open-rice-market-through-ftas/

SSEZ trade volume hits $2B in 10 months

The volume of imports and exports handled at the Sihanoukville Special Economic Zone (SSEZ) totalled $2.069 billion in the first 10 months of 2022, marking a 17.09 per cent rise year-on-year from $1.767 billion, according to statistics posted by the operator at the weekend. ...

Hin Pisei
https://www.phnompenhpost.com/business/ssez-trade-volume-hits-2b-10-months

Cambodia set for more bilateral FTAs

The Cambodian government is pushing for the establishment of more bilateral free trade agreements with main trade partners in a bid to access wider markets for the country’s products. ...

Chea Vanyuth
https://www.khmertimeskh.com/501178750/cambodia-set-for-more-bilateral-ftas/

Electric gear, linked exports record shocking 64% jump

Cambodia exported $1.090 billion worth of electrical machinery and equipment and related products in the first eight months of 2022, up 64.18 per cent from the $663.585 million recorded over the same time in 2021, according to Customs. ...

Hin Pisei
https://www.phnompenhpost.com/business/electric-gear-linked-exports-record-shocking-64-jump

CCC workshop tackles export issues for domestic SMEs

The Cambodia Chamber of Commerce (CCC) on July 8 advised owners of local small- and medium-sized enterprises (SME) to understand and follow the legal procedures for export to streamline the process and reduce compliance issues. ...

Hom Phanet
https://www.phnompenhpost.com/business/ccc-workshop-tackles-export-issues-domestic-smes

First France-Cambodia business forum set for Jun 9-10

The first France-Cambodia Business Forum, scheduled for June 9-10 in Phnom Penh, seeks to promote investment, increase cooperation and expand bilateral trade between the Kingdom and its former colonial power, according to organisers. ...

Hom Phanet
https://www.phnompenhpost.com/business/first-france-cambodia-business-forum-set-jun-9-10

Media a key RCEP information source: CEO

The media will remain a vital source of “accurate and timely” news on developments concerning the world’s largest trade pact for policymakers, think-tanks, businesspeople, investors and the general public. ...

May Kunmakara
https://www.phnompenhpost.com/business/media-key-rcep-information-source-ceo

PM: Cambodia encourages openness and strengthening of economic integration

Prime Minister Hun Sen has stated that with the subsequent easing of administrative and health measures, Cambodia encourages openness and strengthening of economic integration by promoting investment, trade, by fully implementing free trade agreements. ...

Khmer Times Staff
https://www.khmertimeskh.com/501081202/pm-cambodia-encourages-openness-and-strengthening-of-economic-integration/

Cambodia, Myanmar expedite trade deals

Cambodia and Myanmar are in the process of expediting negotiations on two important draft agreements in a bid to swiftly increase trade cooperation with each other, citing low bilateral trade volume. ...

Hom Phanet
https://www.phnompenhpost.com/business/cambodia-myanmar-expedite-trade-deals

Value chain upkeep for EVFTA

Cambodia and Vietnam have agreed to ensure the sustainability of the value chain to meet trade demands in accordance with the EU-Vietnam Free Trade Agreement (EVFTA), which came into force in July 2020. ...

Nov Sivutha
https://www.phnompenhpost.com/business/value-chain-upkeep-evfta

CDC okays three textile-linked projects worth $19M

The Council for the Development of Cambodia (CDC) on April 29 announced that it had greenlit final registration certificates for three projects in textile-linked sectors with total capital investment of nearly $19 million that are expected to create 2,005 jobs. ...

Hom Phanet
https://www.phnompenhpost.com/business/cdc-okays-three-textile-linked-projects-worth-19m

ADB says RCEP, bilateral FTAs to bring great benefits to Cambodia

The Regional Comprehensive Economic Partnership (RCEP) free trade deal and bilateral free trade agreements(FTAs) will bring a lot of benefits to Cambodia in the long term, Asian Development Bank (ADB) acting country director for Cambodia Anthony Gill said on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501054249/adb-says-rcep-bilateral-ftas-to-bring-great-benefits-to-cambodia/

China pledges to purchase more rice

Chinese President Xi Jinping has pledged to increase the country’s imports of milled rice from Cambodia and indicated its willingness to purchase other agricultural products from the Kingdom after a free trade agreement (FTA) came into force. ...

May Kunmakara
https://www.phnompenhpost.com/business/china-pledges-purchase-more-rice

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