News

Cambodia's EU rice exports fall sharply after tariffs; China sales up

Cambodia’s rice exports to the European Union fell sharply in the first half of the year following the imposition of tariffs, official data showed on Monday, but the loss was offset by increased sales to China. The EU in January imposed tariffs for three years ...

Reuters
https://www.bangkokpost.com/business/1708879/cambodias-eu-rice-exports-fall-sharply-after-tariffs-china-sales-up

SSEZ to be investigated again

The Ministry of Commerce said it has found no sign of duty evasion among Chinese companies operating out of Sihanoukville Special Economic Zone (SSEZ), but said it will conduct one more investigation to satisfy US demands. The US embassy in Phnom Penh recently called on the ...

Chea Vannak
https://www.khmertimeskh.com/50619461/ssez-to-be-investigated-again/

Factory worker wages to be re-examined

Amid threats of another mass strike in the thriving garment sector, the Ministry of Social Affairs has called a meeting with the industry’s leading players to discuss union demands for a $150-per-month minimum wage, a letter obtained yesterday reveals. At the behest of Prime Minister Hun ...

http://www.phnompenhpost.com/2013010260589/National/factory-worker-wages-to-be-re-examined.html

T.K. Garment Co moves across the border for cheaper wages

When the government decided to raise the daily minimum wage to 300 baht nationwide, labour-intensive industries knew sunset was descending on their businesses. As a leading original equipment manufacturer (OEM) for popular clothes lines in Thailand, the company is relocating its largest production site to ...

http://www.bangkokpost.com/business/economics/324412/sunrise-in-cambodia

Backgrounder: Operating, negotiating FTA agreements with APEC economies

Member economies of the Asia-Pacific Economic Cooperation forum (APEC) are striving to forge a regional free trade facility to be known as FTAAP (Free Trade Area of Asia-Pacific) AFTA (ASEAN Free Trade Area) – signed in January of 1992, it covers all 10 ASEAN members of ...

http://www.dap-news.com/en/index.php?option=com_content&view=article&id=9548:-backgrounder-operating-negotiating-fta-agreements-with-apec-economies&catid=1:local-news&Itemid=18

Cambodia Falls Short of Region's Energy Goals

Speaking to an audience of more than 150 private- and public-sector energy officials at the Second East Asia Summit Energy Efficiency Conference, officials agreed that not enough was being done to convince manufacturers and other large consumers of energy to switch to new energy efficient ...

Philip Heijmans, P. 21
http://www.cambodiadaily.com/

Draft Law Aims to Combat Price Dumping

The government is finalizing a draft law that will aim to prevent importers from price dumping and protect local producers by allowing authorities to raise tariffs on goods, according to a copy of the draft law. In the past, local producers have been negatively affected by ...

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

Kingdom, WTO call on US to drop tariffs

Both Cambodia and the World Trade Organisation this week called on the United States to follow China’s lead in promising zero-tariff treatment to Least Developed Countries. Chinese President Hu Jintao, in a speech at the G20 summit in Cannes, France, on Friday, announced China would grant ...

http://www.phnompenhpost.com

Minister asks for export break

Minister of Commerce Cham Prasidh yesterday called on the US to allow duty-free entry for Cambodian exports, a benefit the Kingdom already enjoyed with the European Union. The introduction of preferential tax treatment from the US would result in the Kingdom’s share of that country’s ...

http://www.phnompenhpost.com/index.php/2011090751485/Business/minister-asks-for-export-break.html

Labour draft law revamped

The government has dropped controversial criminal penalties targeting unionists in its latest draft of the union law, Commerce Minister Cham Prasidh said yesterday. Addressing a meeting of representatives of international apparel brands, including Nike, Adidas and PUMA, unions, government officials and the International Labour Organisation, ...

http://www.phnompenhpost.com/index.php/2011090751499/National-news/labour-draft-law-revamped.html

Tariffs May Prompt Thaicom Move

Steep price cuts by mobile operator Hello may prompt Thaicom to sell its majority stake in Mfone, according to investment firm Cambodia Capital. Cambodia Capital claims Hello’s drop in the tariffs it charges customers this year has heavily impacted Mfone’s operations, as well as those ...

http://www.phnompenhpost.com/index.php/2011081951137/Business/tariffs-may-prompt-thaicom-move.html

‘Price Dumping’ in Telecoms Market Still Persists

The Ministry of Post and Telecommunications implemented a law preventing mobile phone service providers from selling at less than cost over a year and a half ago, though the companies are still lowering their tariffs in an effort to remain competitive in the highly saturated ...

GMAC head sets clothing export goal

Cambodia is set for a 30 per cent increase in garment exports this year, according to Garment Manufacturers Association in Cambodia (GMAC) president Van Sou Ieng. The sector was heavily dependent on foreign buyers, which were increasing their orders  as the global economy recovered, he ...

http://www.phnompenhpost.com/index.php/2011070550174/Business/garment-gains-gmac-head-sets-clothing-export-goal.html

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