News

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-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

China to help set up jab factory

China pledged to provide more vaccine assistance to Cambodia and to establish a production facility in the Kingdom as the Covid-19 situation remains uncertain with the emergence of new variants and no clear end in sight. ...

Voun Dara
https://www.phnompenhpost.com/national/china-help-set-jab-factory

Investment law to guide recovery, FTA uptake

The new Law on Investment will be a crucial tool as the Kingdom pushes ahead with post-Covid-19 economic recovery plans, and help lay the groundwork to maximise benefits from free trade agreements (FTA), according to Cambodia Chamber of Commerce (CCC) president Kith Meng. ...

Hom Phanet
https://www.phnompenhpost.com/business/investment-law-guide-recovery-fta-uptake

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