News
Cambodia sees soaring demand for electrical factory machinery
In the first nine months of 2023, Cambodia witnessed a substantial uptick in its imports of electrical machinery, equipment and related products from the international market, totalling more than $1.1 billion. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-sees-soaring-demand-electrical-factory-machinery-0
GFT exports decline 17.81% triggering more job loss fears
Cambodia’s exports of garments, footwear and travel goods (GFT) continued the slide as the January to September period recorded a decline of 17.81 percent, compared to the same period last year, triggering fears of more job losses and factory closures. ...
Manoj Mathew
https://www.khmertimeskh.com/501375664/gft-exports-decline-17-81-triggering-more-job-loss-fears/
Cambodia’s international trade reaches $35 billion in nine months
Cambodia’s international trade totalled more than $35.16 billion in the first nine months of this year, inching down 3.5 percent from the same period last year, the General Department of Customs and Excise’s report showed on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501374641/cambodias-international-trade-reaches-35-billion-in-nine-months/
Cambodia exports down 0.8 pct in first 9 months
Cambodia exported $16.94 billion worth of goods in the first nine months of 2023, a slight drop of 0.8 percent from $17.07 billion in the same period last year, said a General Department of Customs and Excise’s report released on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501374605/cambodia-exports-down-0-8-pct-in-first-9-months/
Exports to S Korea help reduce current trade deficit: pundit
Trade between Cambodia and South Korea reached nearly $504 million in the first eight months of 2023, marking an 8.4 per cent decline over the same period last year, according to the General Department of Customs and Excise (GDCE). Despite this, Cambodian exports surged by ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-s-korea-help-reduce-current-trade-deficit-pundit
Cambodia-Oz trade dips 8.5%
Cambodia’s exports to Australia reached $236.92 million in the first eight months of 2023, marking a six per cent decline from the $252.16 million recorded during the same period last year, according to the General Department of Customs and Excise (GDCE). Concurrently, imports from Australia ...
Hin Pisei
https://phnompenhpost.com/business/cambodia-oz-trade-dips-85
Petrol prices decline, diesel remains steady
Retail petrol prices have experienced a slight decrease after reaching their highest levels in a year, with regular gasoline now at 4,550 riel per litre, down from 4,750 riel in the previous 10 days. Diesel prices remain unchanged at 4,850 riel per litre. ...
May Kunmakara
https://www.phnompenhpost.com/business/petrol-prices-decline-diesel-remains-steady
Cambodia-Oz trade dips 8.5%
Cambodia’s exports to Australia reached $236.92 million in the first eight months of 2023, marking a six per cent decline from the $252.16 million recorded during the same period last year, according to the General Department of Customs and Excise (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-oz-trade-dips-85
Cambodia-India trade bucks global downturn, rises 7%
Trade volume between Cambodia and India has grown 6.6 per cent year-on-year to $306.9 million from $287.8 million amid contracted bilateral trade with other nations in the first eight months of 2023. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-india-trade-bucks-global-downturn-rises-7
GDCE officers warned against ‘informal’ fees
The General Department of Customs and Excise of Cambodia (GDCE) has issued a set of guidelines on September 20 to its officers, including contract staff, to carry out public service provisions responsibly and strictly adhere to administrative working hours in order to strengthen its effectiveness. ...
Hin Pisei
https://www.phnompenhpost.com/national/gdce-officers-warned-against-informal-fees
Cambodia imports oil, and gas products worth $2.28 billion in the first eight months of the year
Cambodia’s imports of oil and gas products totaled $2.28 billion during the January-August period this year, down 9.5 percent from last year, according to a report from the General Department of Customs and Excise on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501362703/cambodia-imports-oil-and-gas-products-worth-2-28-billion-in-the-first-eight-months-of-the-year/
Cambodia’s trade with China crosses $8 billion
China remained the biggest trading partner of Cambodia in the January to August period this year and the trade between the two countries reached $8.09 billion by the end of last month showing an increase of 1.1 percent compared to the same period in 2022. ...
Manoj Mathew
https://www.khmertimeskh.com/501359586/cambodias-trade-with-china-crosses-8-billion/
GDCE sets guidelines for early completion of CNSW Project
The General Department of Customs and Excise (GDCE) on Monday set three additional necessary measures for further implementation of the Cambodia National Single Window (CNSW) project phase III team that needs to be completed by January 2024 after it was launched in January this year, ...
Kang Sothear
https://www.khmertimeskh.com/501359585/gdce-sets-guidelines-for-early-completion-of-cnsw-project/
Tax revenue dips 2% between Jan, July
The government collected 15.4 trillion riel or $3.7 billion in tax revenue in the first seven months of the year, which is equivalent to 58.7 per cent of the 2023 annual budget law, according to the Ministry of Economy and Finance. ...
Hin Pisei
https://www.phnompenhpost.com/business/tax-revenue-dips-2-between-jan-july
Cambodia’s exports to S’pore rise by 555% in Jan-Aug
Cambodia’s exports to Singapore rose by an impressive 554.8 percent in the January to August period this year compared to the same period in 2022 – from $72.83 million to $476.90 million. ...
Manoj Mathew
https://www.khmertimeskh.com/501359846/cambodias-exports-to-spore-rise-by-555-in-jan-aug/
Cambodia-US 8-month trade slips 5%
Exports from Cambodia to the US in the first eight months of 2023 dipped 4.8 per cent to $6.1 billion, compared to the same period in 2022, according to the General Department of Customs and Excise of Cambodia (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-us-8-month-trade-slips-5
Cambodia’s international trade recorded at almost $32 billion in first eight months
The total trade volume between Cambodia and its partners around the world reached almost $32 billion in the first eight months of 2023, down 14.5 percent compared to the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501359286/cambodias-international-trade-recorded-at-almost-32-billion-in-first-eight-months/
Exports inch up in spite of international trade falling from Jan-Aug
Trade between Cambodia and international partners in the first eight months of 2023 amounted to nearly $32 billion, down 14.5 per cent compared to $37.4 billion in the same period in 2022, although the General Department of Customs and Excise of Cambodia (GDCE) contended that ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-inch-spite-international-trade-falling-jan-aug
Cambodia’s exports worth $15.7 billion in 8 months, up 0.3 pct
Cambodia exported products worth $15.7 billion in the first eight months of 2023, a slight increase of 0.3 percent from $15.64 billion in the same period last year, said a General Department of Customs and Excise’s report released on Friday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501357435/cambodias-exports-worth-15-7-billion-in-8-months-up-0-3-pct/
Cambodia-Canada trade falls 25% Jan-July due to global slowdown: GDCE
The effects of the ongoing global political and economic crisis has likely affected bilateral trade between Cambodia and Canada, as reflected by a 24.7 per cent year-on-year fall in trade value at $535 million in the first seven months of 2023, versus $711.1 million last ...
Hin Pisei
https://phnompenhpost.com/business/cambodia-canada-trade-falls-25-jan-july-due-global-slowdown-gdce
UK Exports decline 15% Jan-July as orders drop
Bilateral trade between Cambodia and the UK in the first seven months of 2023 fell 14.6 per cent year-on-year to $496.3 million from $581.4 million, with nearly 90 per cent of the value consisting of exports from Cambodia, according to the General Department of Customs ...
Hin Pisei
https://www.phnompenhpost.com/business/uk-exports-decline-15-jan-july-orders-drop
Cambodia’s exports to India rise by 43%
Cambodia’s exports to India reached $140.93 million in the first seven months of this year, registering an increase of 42.8 percent compared to the same period last year. ...
Manoj Mathew
https://www.khmertimeskh.com/501348223/cambodias-exports-to-india-rise-by-43/
South Korean exports jump 20%
Cambodia netted $164.7 million from exports to South Korea in the first seven months of 2023, an increase of 21.6 per cent compared to $135.5 million in the same period in 2022, according to the General Department of Customs and Excise of Cambodia (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/south-korean-exports-jump-20
Rubber article exports go up by 43%
Cambodia earned $385 million from the exports of rubber and rubber articles in the first seven months of the year, recording an increase of 43 percent compared to the same period last year, showed the latest trade data of the General Department of Customs and ...
Manoj Mathew
https://www.khmertimeskh.com/501346157/rubber-article-exports-go-up-by-43/