News
Cambodia-Japan trade volume up 14% in 3 months
Bilateral trade volume between Cambodia and Japan had amounted to 180 million U.S. dollars in the first three months of this year, up 14 percent compared with the 158 million U.S. dollars at the same period last year, a report of the Japan External Trade ...
http://news.xinhuanet.com/english/business/2013-05/14/c_132381154.htm
Cambodia's inflation increases by 1.6 pct in November
Cambodia’s inflation rate had increased by 1.6 percent in November 2012 if compared with November 2011 due to moderate increases in food and petroleum prices, according to the latest statistics of the National Institute of Statistics (NIS) on Tuesday. The statistics said the total consumer price ...
http://news.xinhuanet.com/english/business/2013-01/01/c_132075617.htm
Bad weather affects border trade, seafood prices
Thailand’s border trade at Chanthaburi has dropped by half due to the heavy rain in many eastern provinces, while erratic changes of weather in the southern provinces has caused the increased price of seafood. Thai-Cambodian Business and Tourism Association vice chairman Sombat Juengtrakul said that ...
http://www.pattayamail.com/business/bad-weather-affects-border-trade-seafood-prices-16869
Cambodia's inflation slightly up to 3.8% in June
Cambodia’s consumer price index (CPI) increased by 0.1 percent to 3.8 percent in June from 3.7 percent in May this year, according to the latest statistics of the National Institute of Statistics (NIS) on Wednesday. From May to June 2012, price for food increased by 0.9 ...
http://news.xinhuanet.com/english/business/2012-07/25/c_131737766.htm
Experts Question New Trade Goal with Vietnam
Officials and experts yesterday questioned the likelihood of Cambodia and Vietnam’s proposal to hike bilateral trade by more than US$2.5 billion by 2015. The pledge of $5 billion in total trade, made by Cambodian Prime Minister Hun Sen and his Vietnamese counterpart, Nguyen Tan Dung, last ...
Walmart intervention sought at Thai factory
A large North American union has called on US retail giant Walmart to take immediate action against one of its seafood suppliers in Thailand accused of holding Cambodian workers in debt bondage while barely providing them with enough money to eat. The United Food and Commercial Workers ...
Leopard Capital allegedly sank seafood firm
In Sihanoukville, just north of Cambodia’s only deep-water port, stands the headquarters of Chenla Seafood. A uniformed guard stands watch at the gate, which opens on to manicured grounds and a two-building facility that houses what will likely become the country’s premier seafood processor. A few ...
http://www.phnompenhpost.com/index.php/2012041755612/Business/leopards-fishy-business.html
Shrimp firm in dispute with equity fund
Nautisco Seafood Manufacturing Inc, a Canadian-Cambodian shrimp producer in Preah Sihanouk province, has accused the private equity fund Leopard Capital, one of its shareholders, of draining the company of its finances. In a statement released Friday, Nautisco said that Phnom Penh Municipal Court had ordered the ...
Korea trade keeps on climbing
CAMBODIA’S trade with South Korea grew 38 percent in the first half of 2011 on the same period last year, according to Korea Trade-Investment Promotion Agency (KORTA) statistics. The growth is partly due to increasing numbers of South Korean importers seeking business in Cambodia, KOTRA’s ...
http://www.phnompenhpost.com/index.php/2011080850915/Business/korea-trade-keeps-on-climbing.html
Inflation rates driven by increases in food prices
The Kingdom’s consumer price index tracked a 1.4 percent increase in May over April, according to National Institute of Statistics’ latest figures. Prices at the end of May were 6.5 percent higher than the same date the year previous, the figures show. Experts said Cambodia’s ...
Inflation Hits 14-Month High As Food Prices Continue to Rise
Inflation rose to 6.5 percent in May when compared to the same time last year, marking a 14 month high. Consumer prices are also shown to have risen by 1.4 percent with meat, fish and vegetables as the main culprit as they increased as well. ...