News
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
2022-27 development strategy for garments to launch Mar 21
The Ministry of Economy and Finance has said it will launch the Cambodia Garment, Footwear and Bags Sector Development Strategy 2022-2027 on March 21 to strengthen and support the sector in “the new context”. ...
Hom Phanet
https://www.phnompenhpost.com/business/2022-27-development-strategy-garments-launch-mar-21
PM to Cambodia, Saudi: Step up cooperation
Prime Minister Hun Sen has called for Cambodia and Saudi Arabia to step up cooperation in economic sectors and other areas in the Southeast Asian Kingdom with lucrative prospects. ...
Mom Kunthear and Ry Sochan
https://www.phnompenhpost.com/national-politics/pm-cambodia-saudi-step-cooperation
Cambodia, Oz to bolster trade, investment
Cambodia and Australia have reaffirmed their commitment to further boosting trade, investment and cooperation, especially on post-Covid recovery initiatives in all areas, according to the Ministry of Commerce on March 11. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-oz-bolster-trade-investment
Kingdom-Malaysia trade tops $500M
Cambodia-Malaysia trade volume surpassed $500 million in 2021, rising by 13.14 per cent over a year earlier, according to the Ministry of Commerce. ...
Hom Phanet
https://www.phnompenhpost.com/business/kingdom-malaysia-trade-tops-500m
Kingdom, South Korea plan for post-FTA era
South Korea has pledged to expand economic and trade cooperation with Cambodia after a free trade agreement (FTA) signed by the two countries last year enters effect in the near future, Prime Minister Hun Sen affirmed in a statement at the weekend. ...
Hom Phanet
https://www.phnompenhpost.com/business/kingdom-south-korea-plan-post-fta-era
Commerce chief asks Canada to mull Cambodia trade deal
Minister of Commerce Pan Sorasak has asked Canada to explore the possibility of establishing a bilateral free trade agreement (FTA) with the Kingdom as soon as practicable to improve trade flows between the two countries. ...
Hin Pisei
https://www.phnompenhpost.com/business/commerce-chief-asks-canada-mull-cambodia-trade-deal
Cambodia, Morocco plan business forum, keen to deepen ties: envoy
Cambodia and Morocco are planning a business forum geared towards expanding bilateral trade and investment cooperation, bridging investors of both countries, according to Cambodian ambassador to Thailand Ouk Sorphorn. ...
Hom Phanet
https://www.phnompenhpost.com/business/cambodia-morocco-plan-business-forum-keen-deepen-ties-envoy
King signs South Korea FTA ratification into law
The bill sailed through the National Assembly on December 29, the 9th Committee of the Senate on December 30, and the Senate on January 6. All votes were unanimous. The document was enacted into law by a Royal Code signed by the King on January ...
Hom Phanet
https://www.phnompenhpost.com/business/king-signs-south-korea-fta-ratification-law
Cambodia-South Korea FTA to come into force in next 60 days
Cambodia-South Korea free trade agreement promulgated in late January will come into force in the next 60 days. ...
Chea Vanyuth
https://www.khmertimeskh.com/501018877/cambodia-south-korea-fta-to-come-into-force-in-next-60-days/
Cambodia-Korea Free Trade Agreement Law promulgated
His Majesty King Norodom Sihamoni, King of the Kingdom of Cambodia, has signed into law the ratification of the Free Trade Agreement between Cambodia and South Korea on January 29, 2022, after it was cleared by the National Assembly and Senate. ...
Khmer Times Staff
https://www.khmertimeskh.com/501018386/cambodia-korea-free-trade-agreement-law-promulgated/
South Korea trade nearly $870M in Jan-Nov
Bilateral trade between Cambodia and South Korea reached $869.735 million in the first 11 months of 2021, an 8.805 per cent surge from $799.354 million in the same period last year, according to data from the Korea International Trade Association (Kita) posted at the weekend. ...
Hin Pisei
https://www.phnompenhpost.com/business/south-korea-trade-nearly-870m-jan-nov
‘Russian FTA to boost trade, attract tourists’
Prime Minister Hun Sen raised the prospect of a free trade agreement (FTA) with Russia during a two-day visit to Cambodia by Russian Security Council Secretary Nikolai Patrushev, which wrapped up yesterday. ...
Michael Firn
https://www.khmertimeskh.com/50990014/russian-fta-to-boost-trade-attract-tourists/
China set to open gates for Cambodian ‘pra’ fish exports
China will import “pra” fish from Cambodia in the near future, once technical experts study and assess sanitary and other associated risks in virtual inspections and give the all-clear, Chinese ambassador to Cambodia Wang Wentian affirmed on December 6. ...
Hom Phanet
https://www.phnompenhpost.com/business/china-set-open-gates-cambodian-pra-fish-exports