News

For 2013, trade value to reach $16 billion

The value of Cambodia’s overall trade volume for 2013 is expected to reach $16 billion, according to the former Minister of Economy and Finance, Keat Chhon. The figure comes to a 14.4 per cent rise from last year. ...

Chan Muy Hong
http://www.phnompenhpost.com/business/2013-trade-value-reach-16-billion

Cambodia's export up 30 pct in 10 months

Cambodia’s export has seen a 30 percent rise in the first 10 months of 2013 thanks to the surges in the exports of garment, milled rice, and rubber, trade data showed Wednesday. The Southeast Asian nation has exported goods in a total value of 5.87 billion ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-11/13/c_132885668.htm

Cambodia sees slowdown in new business numbers in 9 months

The Cambodian Ministry of Commerce said Friday that it had granted operating licenses to 2, 223 new companies in the first nine months of 2013, down 14.6 percent compared with 2,606 new firms over the same period last year. From January to September this year, the ...

Global Times News Staff
http://www.globaltimes.cn/content/821915.shtml#.UnZHp_lgd8E

New fees, political crisis mean fewer businesses

The number of new businesses registering in Cambodia continued to plummet through the third quarter of this year amid tightened rules for start-ups and waning investor confidence following the still-unresolved national elections. Data from the Ministry of Commerce yesterday showed that 853 new businesses registered with ...

May Kunmakara
http://www.phnompenhpost.com/business/new-fees-political-crisis-mean-fewer-businesses

Cambodia sees 15 pct drop in new business registration in 8 months

Cambodian Ministry of Commerce said Friday that it had issued operating licenses to 1,952 new companies in the first eight months of the year, down 15 percent compared with the 2,300 firms over the same period last year. During the January-August period this year, the ministry ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-09/20/c_132736133.htm

Drop-off in beverage imports questioned

Despite the fact that beverage consumption in Cambodia is on the rise, government statistics show that imports of alcohol and non-alcoholic products in the first half of 2013 have declined by 51 per cent year-on-year. The seemingly conflicting figures left some scratching their heads. Meng Saktheara, ...

Hor Kimsay
http://www.phnompenhpost.com/business/drop-beverage-imports-questioned

Cambodia's oil import down by 2 pct in 5 months

Cambodia imported 727,500 tons of petroleum in the first five months of the year, a 2 percent drop from 744,700 tons a year earlier, the figures of the Ministry of Commerce showed Saturday. A liter of premium gasoline goes for 1.38 U.S. dollars in Phnom ...

http://www.asean-china-center.org/english/2013-07/22/c_132563149.htm

Cambodia records 1.32 bln USD trade deficit in H1

Cambodia saw a trade deficit of 1.32 billion U.S. dollars in the first six months of this year, according to a Commerce Ministry’s report on Thursday. The country’s total imports and exports were valued at 7.62 billion U.S. dollars during the period, up 20 percent from ...

http://news.xinhuanet.com/english/business/2013-07/11/c_132533088.htm

Cambodia's garment exports up 17 pct in Q1

Cambodia exported garment and textile products in equivalent to 1.34 billion U.S. dollars in the first quarter of 2013, up 17 percent from 1.14 billion U.S. dollars at the same period last year, the Commerce Ministry’s report showed Friday. Garment industry is the country’s ...

http://news.xinhuanet.com/english/business/2013-04/26/c_132342123.htm

Kingdom's exports up 42% on garments, food

Cambodia’s total exports surged 42 per cent through November to US$4.5 billion from $3.16 billion, official data from the Ministry of Commerce showed, as the Kingdom’s staple products of garments, textiles and agriculture led the move. Rising global demand, new trade agreements with regional neighbours and ...

http://www.phnompenhpost.com/index.php/2011122653607/Business/kingdoms-exports-up-42-on-garments-food.html

Agriculture sees influx of new firms

The number of new businesses that registered in the first eight months of the year increased 33% to 2,105 compared to the same period last year, according to data released yesterday by the Ministry of Commerce. Officials said that many of the registrations between January and ...

Tensions cause drop in ASEAN imports

Tensions with Thailand led to a 10-percent decline in imports from ASEAN members during the first six months of 2011, though Cambodia’s exports to the bloc nearly doubled, according to officials. Cambodia imported US$810.9 million during the six-month period compared to $904.9 million during the period ...

http://www.phnompenhpost.com/index.php/2011083151356/Business/tensions-cause-drop-in-asean-imports.html

Garment growth led by EU and Asia

Garment exports for the first half of 2011 have increased as demand from Europe and Asia grows. The relaxation of duty-free exports to Europe has sped the growth according to the Garment Manufacturers Association in Cambodia. Exports are said to have increased by 32 percent ...

http://www.phnompenhpost.com/index.php/2011072550615/Business/garment-growth-led-by-eu-and-asia.html

Pig production priority

Thailand’s reported move to ban exports of live pigs highlights the need to develop a larger Cambodian pig industry,  insiders say. The Bangkok Post reported yesterday that Thailand’s Acting Commerce Minister Porntiva Nakasai had banned the exports in order to bring down its own prices, ...

http://www.phnompenhpost.com/index.php/2011070150113/Business/pig-production-priority.html

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