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News

Kingdom imports $16M in Thai ACs

Air conditioner imports from Thailand were valued at about $16 million last year – a fraction of the total $5 billion Thailand earned from its air conditioner exports to international markets, the country’s Department of International Trade Promotion at the Ministry of Commerce said. ...

Hin Pisei
https://www.phnompenhpost.com/business/kingdom-imports-16m-thai-acs

Cassava export prices down sharply

The price per kilogram of cassava exports from Cambodia has fallen this year due to plunging market prices and a lack of processing centers in the country. The price of dried cassava in northeastern Rattanakiri province is down to 410 riel (about $0.10) per kilogram and ...

Chea Vannak
http://www.khmertimeskh.com/news/35213/cassava-export-prices-down-sharply/

Ministry scraps rice inspection fee

The government has removed the fee for inspection services on milled rice slated for export, aiming to reduce the cost of Cambodia’s rice and increase its competitiveness in international markets. ...

Chea Vannak
http://www.khmertimeskh.com/news/34115/ministry-scraps-rice-inspection-fee/

British Minister kicks off SE Asia tour in Cambodia

Britain’s Minister of Trade and Investment Lord Green is starting his two week visit to Southeast Asia, to promote opportunities for British businesses, in Cambodia Monday, June 10, 2013. The promotion of British businesses is part of a larger effort to enhance the support available to ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NjM3MDY2YzIyODJ

Cambodia's rice exports up 126 pct in 5 months

Cambodia’s exports of milled rice have sharply increased in the first five months of this year thanks to rising international market demand and country’s rice promotion strategy, an official said Thursday. The country had exported 146,800 tons of milled rice during January-May period this year, up ...

http://news.xinhuanet.com/english/world/2013-06/06/c_132435784.htm

Optimism as Cashew Season Gets Under Way

As the cashew-harvesting season in Cambodia’s northeastern provinces begins, farmers are expecting a good crop due to favorable weather conditions last year, an official said yesterday. ...

http://www.cambodiadaily.com

Trade Deficit Up 34 Percent On Last Year

Cambodia’s trade deficit in the first half of the year grew 34.31 percent compared with the same period in 2011, reaching $1.36 billion, according to data released by the Ministry of Commerce. Though revenues earned from exports grew 12.13 percent to about $2.50 billion, a growing ...

Cambodia's gems and jewelry sector set to shine

Inside a nondescript villa in central Phnom Penh, men and women in white lab coats peer through lenses, carefully studying the magnified objects in front of them. But these aren’t biologists researching cell division or bacteria; these are gem testers concerned with inclusions and refractive indices on rubies, sapphires and other precious stones. They are working ...

http://www.etmcambodia.com/blog.php?article=499

Gold Being Sold Fast as Int’l Price Drops

The falling price of gold on international markets is leading to high sales of the precious metal in Cambodia as consumers fear prices could continue to tumble, gold traders said yesterday. Gold on the international market traded at $1,632.90 per troy ounce in New York yesterday ...

Cardamom Mountains Need Green Economy And Development

In a ceremony of launching new book highlighted solutions to Cambodia’s cardamom conundrum, Author and scientist Timothy Killen explains the potential for Cambodia to become a world leader by pursuing an innovative, low carbon, green development pathway that will foster economic growth and create opportunities for its people, while conserving the natural environment. “Cambodia is ...

http://thesoutheastasiaweekly.com/

Cassava exports jump 94%

The Kingdom’s cassava exports soared 94 per cent year-on-year in the first nine months of 2011, despite the recent flood devastation the agriculture sector has experienced, according to Ministry of Commerce figures. The statistics showed that Cambodia’s export of dry and fresh cassava hit about 22,652 ...

http://www.phnompenhpost.com/index.php/2011101952198/Business/cassava-exports-jump-94.html

Inflation Will go Down Later this Year, Economy Minister Said

The Consumer Price Index increased by a total of 7.1 percent in June 2011 compared to the same period last year at the same time. Ministry of Economy and Finance expects that inflation would go down to 6.5 percent at the end of this year ...

http://thesoutheastasiaweekly.com/

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