News

New government looks to more FDI investment

Cambodia is optimistic that it will continue to attract more foreign direct investments following the formation of a new government after the July 23 election, a top official said.   ...

Chea Vanyuth
https://www.khmertimeskh.com/501329609/new-government-looks-to-more-fdi-investment/

RCEP, FTAs to put region, Cambodia in better position to recover from pandemic impacts

The Regional Comprehensive Economic Partnership (RCEP) trade pact and bilateral free trade agreements will put the region and Cambodia in a better position to recover from the impacts of the COVID-19 pandemic, a Cambodian scholar said on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501292617/rcep-ftas-to-put-region-cambodia-in-better-position-to-recover-from-pandemic-impacts/

RCEP, FTAs create more favorable trade, investment opportunities for investors in Cambodia

The Regional Comprehensive Economic Partnership (RCEP) free trade pact and bilateral free trade agreements (FTAs) have provided more favorable trade and investment opportunities for investors in Cambodia, a senior commerce ministry official said on Saturday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501277686/rcep-ftas-create-more-favorable-trade-investment-opportunities-for-investors-in-cambodia/

Cambodia, Switzerland vow to step up trade ties

Cambodia and Switzerland have pledged to further strengthen trade relations and look into establishing a bilateral free trade agreement (FTA), as import-export flows between the two countries passed the $1.4 billion mark in 2022, according to a Ministry of Commerce statement. ...

Hin Pisei and Van Socheata
https://www.phnompenhpost.com/business/cambodia-switzerland-vow-step-trade-ties

Ten new projects to create more than 8,000 jobs: CDC

The Council for the Development of Cambodia (CDC) notices issued month-to-date reveal that it has greenlit 10 new projects worth nearly $50 million, mostly involved in garments, footwear and packaging. ...

May Kunmakara
https://www.phnompenhpost.com/business/ten-new-projects-create-more-8000-jobs-cdc

Jan-Oct agricultural exports bring in over $3B: ministry

Cambodia earned nearly $3.070 billion from agricultural exports in the first 10 months of this year, preliminary data based on exporters’ invoices released by the Ministry of Agriculture, Forestry and Fisheries showed. ...

May Kunmakara
https://www.phnompenhpost.com/business/jan-oct-agricultural-exports-bring-over-3b-ministry

ASEAN Plus Three countries boost trade, investment ties

Ten member states of Southeast Asian Nations (ASEAN), Japan, China, and Korea have boosted cooperation in trade and investment by taking advantage of the existing free trade agreements. ...

Chea Vanyuth
https://www.khmertimeskh.com/501184060/asean-plus-three-countries-boost-trade-investment-ties/

FTA benefits debated at nat’l forum

More than 50 government, civil society organizations (CSOs), unions and private sector officials met at an October 20 forum to discuss the benefits and challenges in the agricultural sector related to free trade agreements (FTA). ...

Long Kimmarita
https://www.phnompenhpost.com/national/fta-benefits-debated-natl-forum

Cambodia’s international trade up almost 20 pct in 5 months

Cambodia’s total trade volume was valued at $22.4 billion in the first five months of 2022, up 19.7 percent from 18.7 billion dollars over the same period last year, an official report showed on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501093744/cambodias-international-trade-up-almost-20-pct-in-5-months/

The Cambodia-South Korea Free Trade Agreement: Increasing potential for downstream sectors

The Cambodia-South Korea Free Trade Agreement can help boost Cambodian exports of garments, textiles, and footwear to South Korea. The agreement also presents opportunities for value-added investments in Cambodia’s downstream processing industries through a ‘plus one business model’, in which South Korean companies could expand ...

Khmer Times Staff
https://www.khmertimeskh.com/501090924/the-cambodia-south-korea-free-trade-agreement-increasing-potential-for-downstream-sectors/

Kingdom lures Japanese investment

The Minister of Commerce has sought more Japanese investments in the Kingdom as Cambodia and Japan are keen to work on negotiations to possibly establish a bilateral free trade agreement. ...

Chea Vanyuth
https://www.khmertimeskh.com/501065840/kingdom-lures-japanese-investment/

World Bank says RCEP, bilateral FTAs will boost Cambodia’s economy

The Regional Comprehensive Economic Partnership (RCEP) free trade pact and bilateral free trade agreements (FTA) will be a booster for Cambodia’s economic growth in the coming years, according to the World Bank’s economic update report released on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501053587/world-bank-says-rcep-bilateral-ftas-will-boost-cambodias-economy/

Cambodia’s export to China increases as FTA takes effect

Cambodia exports to China increased by 39 percent to $1,510 million last year, a positive move to the Kingdom’s trade as Cambodia and China put into effect their newly-endorsed bilateral free trade agreement. ...

Chea Vanyuth
https://www.khmertimeskh.com/501015767/cambodias-export-to-china-increases-as-fta-takes-effect/

High hopes as RCEP enters into force Jan 1

The Regional Comprehensive Economic Partnership (RCEP) will enter into force on January 1, and local economists and businessmen expect huge benefits from one of the world’s largest free trade agreements. ...

Hom Phanet
https://www.phnompenhpost.com/business/high-hopes-rcep-enters-force-jan-1

Cambodia, South Korea wrap up second round of FTA Talks

Cambodia and South Korea ended the second round of their negotiations on free trade agreement (FTA) today with positive progress. ...

Khmer Times Staff
https://www.khmertimeskh.com/50760597/cambodia-south-korea-wrap-up-second-round-of-fta-talks/

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