News
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/
ASEAN-India trade up 23.4% at $113 billion in 2022
The two-way trade between ASEAN and India reached $113 billion in 2022, a year-on-year increase of 23.4 per cent, according to the preliminary ASEAN statistics. ...
Khmer Times Staff
https://www.khmertimeskh.com/501346715/asean-india-trade-up-23-4-at-113-billion-in-2022/
Third ring road to be officially put into use next week
Phnom Penh’s $273-million-worth third ring road will be officially inaugurated on Aug. 3 by sitting Prime Minister Hun Sen ...
Khmer Times Staff
https://www.khmertimeskh.com/501332162/third-ring-road-to-be-officially-put-into-use-next-week/
Cambodia-ASEAN trade valued at over $7 billion in H1
Cambodia’s trade with ASEAN member countries was valued at $7.1 billion in the first six months of this year, accounting for 30 percent of the Kingdom’s total international trade. ...
Khmer Times Staff
https://www.khmertimeskh.com/501331365/cambodia-asean-trade-valued-at-over-7-billion-in-h1/
International trade down 13% in first half of 2023
Cambodia’s international trade performance in the first half of 2023 registered $23.69 billion, a decrease of 13 percent from $27.24 billion in the same period last year, according to a report from the General Department of Customs and Excise (GDCE) on Monday. ...
Mon Sokeo
https://kiripost.com/stories/cambodia-international-trade-down-13-in-first-half-of-2023
Int’l trade slips but deficit dips 72%
Cambodia’s international trade volume reached $15.611 billion in the first four months of 2023, down 14.10 per cent year-on-year from $17.650 billion, while the trade deficit for the period narrowed by nearly three-quarters on an annual basis, according to provisional figures from the General Department ...
Hin Pisei
https://www.phnompenhpost.com/business/intl-trade-slips-deficit-dips-72
Cambodia’s international trade declines 14.1%
Cambodia’s international trade stood at $15.16 billion for January to April this year, a decline of 14.1 percent, compared to the same period last year, according to the trade data released by the General Department of Customs and Excise (GDCE) yesterday. ...
Manoj Mathew
https://www.khmertimeskh.com/501288366/cambodias-international-trade-declines-14-1/
Cambodia’s Q1 international trade at $11.3 billion
Cambodia’s international trade decreased 14.5 percent to $11.3 billion in the first quarter of 2023, according to a report from the General Department of Customs and Excise yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501271231/cambodias-q1-international-trade-at-11-3-billion/
Cambodia’s international trade declined by 14.5 pct in Q1 to $11.25 billion
Cambodia recorded $11.25 billion in its international trade during the first quarter (Q1) of 2023, down 14.5 percent from $13.16 billion over the same period last year, said an official report released Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501271464/cambodias-international-trade-declined-by-14-5-pct-in-q1-to-11-25-billion/
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/
Effective jab drive boosts Cambodia’s Q1 int’l trade
The first quarter of 2022 clocked over $13 billion in international trade, nine per cent more than last year, with exports jumping 25.7 per cent year-on-year. ...
Hin Pisei
https://www.phnompenhpost.com/business/effective-jab-drive-boosts-cambodias-q1-intl-trade
Poorest nations win intellectual property waiver
The world’s poorest nations have won an eight-year extension of a waiver on intellectual property rules at a session of the World Trade Organisation’s TRIPS Council. A session of the 159-nation WTO’s TRIPS (trade-related aspects of intellectual property rights) Council has ruled the waiver for 34 ...
Cambodia's trade with foreign countries up 25 pct in four months
Cambodia’s trade volume with foreign countries had reached 5.12 billion U.S. dollars in the first four months of this year, a 25 percent rise compared with 4.1 billion U.S. dollars over the same period last year, according to a report from the Ministry of Commerce’s ...
http://news.xinhuanet.com/english/world/2013-05/30/c_132419210.htm
Cambodia exports to Thailand rise as nations improve economic ties
Cambodia’s total exports to Thailand sharply increased in the first quarter of the year, according to official data from Ministry of Commerce received by the Post last week. Officials said the rise is the result of efforts by both countries to improve trade facilitation and economic ...
Cambodian Parliament Ratifies ASEAN-China Maritime Transport Agreement
The National Assembly of Cambodia on Friday ratified the agreement on maritime transport between the Association of Southeast Asian Nations (ASEAN) and China, saying the agreement is essential to develop trade and economic ties between ASEAN and China. “The agreement aims to facilitate and foster ...
http://news.xinhuanet.com/english/china/2013-05/10/c_132372924.htm
Thailand, Vietnam Seek Controls on Rosewood Trade
Thailand and Vietnam have called for strict controls to be placed on the international trade of rosewood in an attempt to prevent the luxury wood species from being logged to extinction. Cambodia currently exports thousands of cubic meters of the wood to China each year, and ...
http://www.cambodiadaily.com/news/thailand-vietnam-seek-controls-on-rosewood-trade-12299/
ADB ups support for region’s trade finance
The Asian Development Bank (ADB) and the OPEC Fund for International Development have signed an agreement to support trade in emerging Asian countries under the ADB’s Trade Finance Program, according to a news release. The risk distribution agreement will support a projected incremental trade flow between ...
China is promoting the yuan for settling trade deals with the Kingdom
Due to the expansion of economic and business activities between Cambodia and China, since early August the Bank of China has been negotiation with National Bank of Cambodia (NBC) on the promotion of business transactions in Chinese yuan. It is part of a larger but quiet ...
Cambodia records US$1.51-B trade deficit in 7 months
Cambodia reported a trade deficit of 34% in equivalent to US$1.51-B in the 1st 7 months of this year, the report of the Commerce Ministry showed Thursday. During January-July period this year, the country’s total import and export value was US$7.45-B, up 15% from US$6.47-B at ...
http://www.livetradingnews.com/cambodia-records-us1-51-b-trade-deficit-in-7-months-85827.htm
Vietnam trade fair to boost two economies
In an effort to stimulate US$5 billion in trade between Cambodia and Vietnam by 2015, the Vietnamese Trade Fair will be held at the Diamond Island Convention and Exhibition Centre from September 21 to 25. Cambodia’s Prime Minister Hun Sen and Vietnam’s Prime Minister Nguyen Tan ...
Ensure fairness, Kirk advises
Cambodia needs to ensure fair treatment of both domestic and foreign investors if it wants to attract more foreign investors, accordsing to US Trade Representative Ron Kirk. Kirk presented the idea during a press conference last week in Siem Reap durig the ASEAN-US Business Summit by ...
http://www.phnompenhpost.com/index.php/2012090558496/Business/ensure-fairness-kirk-advises.html
Customs to get easier for certified firms
Cambodia’s General Department of Customs and Excise will begin certifying firms it deems trustworthy so that their products will have easier passage across the country’s borders, officials have said. The government is working on a program to provide “authorized economic operators” or “AEO” status on approved ...
Customs to Give Preference to Trusted Firms
The department of customs and excise will begin certifying companies it deems trustworthy so that their goods have easier passage across Cambodia’s borders, an official said yesterday. Traders will receive ranks based on compliance with customs rules, he [Nuom Chanrith, the director of planning at the Finance Ministry’s general ...
Garment Exports Grow 15% in First Quarter
Garment and footwear exports from Cambodia increased 15.29 percent to $1.29 billion in the first three months of the year compared to the same period in 2011, according to figures released yesterday by the Ministry of Commerce. While exports to the European Union rose 46.76 percent to $376.14 million in ...