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Commerce Minister Sun Chanthol said yesterday that his ministry was initiating reforms that would see Cambodia’s ease of starting a business ranking leap from the current 184 to 21. He said the government would also need to make changes to the Company Registration Law, reduce ...

Commerce Minister Sun Chanthol called on business owners to clean up their activities in the Kingdom, in order to remain competitive, especially in light of the ASEAN Economic Community integration due to be realised at the end of the year. Private sector companies have traditionally raised ...

A year after establishing the Cambodia Rice Federation, the Ministry of Commerce is planning to set up a cassava organisation to boost production of the root vegetable in the Kingdom. According to Ratha, the federation will work similarly to the Cambodia Rice Federation and will ...

The Ministry of Commerce will lead a series of provincial forums next week aimed at promoting greater awareness of the ASEAN Economic Community (AEC) among rural businesses. Commerce Minister Sun Chanthol is to talk about both the challenges and opportunities that deeper regional economic integration will ...

Food and beverage imports to Cambodia have fallen over the past 12 months, marking a notable shift in domestic production and the public’s recognition of the “Made in Cambodia” brand, officials say. Cambodia spent around $223 million on food and beverage imports to supply the domestic ...

Cambodia recorded a 33 percent rise in dry rubber exports volume in 2014, but the revenue decreased by 8 percent due to a plunge in global rubber price, according to figures from the Ministry of Commerce on Saturday. ...

Cambodian Minister of Commerce Sun Chanthol said Friday that the country is unlikely to achieve its self-imposed target of exporting one million tons of milled rice by 2015 due to lack of milling capacity and funding. ...

Trade volume between Cambodia and its neighboring Thailand topped 5 billion U.S. dollars in 2014, an 11 percent increase from last year’s 4.5 billion U.S. dollars, a Cambodian commerce official said Thursday. ...

Cambodia Rice Federation (CRF) has approved to raise the requisite funding for rice sector development through the export fees paid by the rice exporters, according to local sources. The fund will be reportedly used for educating rice farmers about potential crop issues through television and ...

The opposition Cambodia National Rescue Party has called on the government to intervene in the softening prices of Cambodian agricultural commodities. In a letter passed to Prime Minister Hun Sen on Tuesday, via National Assembly president Heng Samrin, a group of opposition lawmakers has raised concerns ...

The Cambodian government is again urging petrol retailers to pass on savings to the consumer amid the continued plunge in global oil prices, which hit a new five-year low yesterday. The premier’s criticism of foreign fuel retailers comes after the minister of commerce, Sun Chanthol, ...

Cambodia’s minister of commerce has announced that the country will step up efforts to export rice to Africa, Middle East and the European Union. In his three-day visit to Kuwait in December 2014, Chanthol aimed at opening new avenues for Cambodian-made agricultural goods to enter ...

Cambodian and Chinese companies on Monday signed five agreements for business cooperation and joint ventures in construction and agriculture. The deals were signed on the sidelines of an annual Cambodia Import-Export Exhibition here under the presence of Cambodian Commerce Ministry Secretary of State Kem Sithan. ...

Cambodia’s trade volume with foreign countries rose by 16 percent year on year in the first eleven months of 2014, according to data from the Ministry of Commerce on Tuesday. The country exported products in equivalent to 7.05 billion U.S. dollars, up 12 percent year-on-year ...

Cambodia’s Minister of Commerce Sun Chanthol has urged Kuwaiti investors to take advantage of the new economic laws aimed at targeting and encouraging foreign investors notably in the sectors of industry and agriculture. In his statements while visiting the Kuwaiti Chamber of Commerce and Industry ...

Kuwait’s Ambassador to Cambodia Dhrar Al-Tuwaijri Thursday stressed the significance of upcoming visit of the Cambodian Minister of Commerce Sun Chanthol to Kuwait, slated for November 30. The visit reflects development of relationship between the two countries and mutual desire to promote trade and economic cooperation, ...

Gasoline prices have been decreased by 300 Riel per liter, according to an announcement issued Thursday by Ministry of Commerce. The oil prices of four companies are decreased from current 5,050 Riel to 4,750 Riel per liter for gasoline, while from 4,750 Riel to 4,500 ...

Cambodia and southwestern China’s Chongqing city on Friday jointly organized a conference on trade and investment, aiming at further enhancing bilateral ties and cooperation, officials said. The half-day event was attended by some 20 Chinese company representatives from Chongqing city and around 80 Cambodian commerce officials ...

The Cambodian Rice Federation (CRF) is seeking financing from China’s Export-Import Bank (Ex-Im) to build much-needed infrastructure such as warehouses and drying facilities to hopefully increase milled rice export capacities. Sok Puthyvuth, president of the CRF told the Post yesterday that the CRF had set up ...

Cambodia is quickly becoming a hub for Japanese exports, according to the latest figures from the Japan External Trade Agency, JETRO. The state-run agency’s latest trade figures show Cambodia exported more than $584 million worth of locally made products to Japan over the first nine months ...

Cambodia has issued operating licenses to 3,025 new companies in the first nine months of 2014, up 36 percent over the same period last year, the Ministry of Commerce said on Tuesday. Foreign companies were 1,335, an increase of 20 percent, as local registrations saw a ...

Cambodia spent 554 million U.S. dollars to purchase automobiles and motorcycles from foreign countries in the first nine months of this year, up 85 percent from 299 million U.S. dollars a year earlier, according to the Commerce Ministry Friday. ...

French textile and garment association Evalliance yesterday signed an agreement with the Garment Manufacturers Association of Cambodia (GMAC) to provide training for middle-management workers in the industry. Speaking at the signing ceremony in Phnom Penh, Van Sou Ieng, chairman of GMAC said the agreement aims to ...

Transparent reporting of garment factory compliance in Cambodia is continuing to help to improve conditions for workers, according to a new report. In its third online transparency report, the International Labor Organization (ILO’s) Better Factories Cambodia (BFC) programme said two of the 13 factories in the Low Compliance group had ...