Jan-Apr Indonesia trade climbs 27% on-year: GDCE
The total value of goods traded between Cambodia and Indonesia registered a one-fourth increase in the first four months of 2023 compared to a year earlier, defying the global trend of declining exports amid a worldwide economic downturn
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Local pepper set for Chinese tables
Tue, 6 Jun 2023 | 09:05The Cambodian peppercorn industry is preparing to begin formal direct exports to mainland China, where shipments of the piquant spice have traditionally been re-exported by a third country.
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Naga 3 pushed back till Sept 2029
Tue, 6 Jun 2023 | 08:59Hong Kong-listed casino operator and developer NagaCorp Ltd, known for its flagship NagaWorld integrated resort in Phnom Penh, on June 4 announced that it has moved the $3.5 billion Naga 3 project’s planned completion date from Sept
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Ministry invites business leaders to Alibaba Group’s free e-commerce course
Tue, 6 Jun 2023 | 08:58The Ministry of Commerce on June 5 issued a public invitation to the Alibaba Netpreneur Masterclass Global Edition 2023, a free online English-language e-commerce training course for entrepreneurs and business leaders.
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ADB, UN offer tips for post-LDC Kingdom
Mon, 5 Jun 2023 | 10:00The Asian Development Bank (ADB) and UN Conference on Trade and Development (UNCTAD) have recommended Cambodia pursue new free trade agreements (FTA) and act promptly to enact the necessary reforms to deal with the challenges that may arise when it exits the Least Developed Country (LDC) group.
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Cambodia eyes future beyond EU’s ‘Everything But Arms’ trade scheme
Mon, 5 Jun 2023 | 09:55Prime Minister Hun Sen reiterated that the EU’s partial suspension of its ‘Everything But Arms’ (EBA) trade scheme did not significantly hinder the country’s exports to the bloc.
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Cashew association members negotiate lower interest rates
Mon, 5 Jun 2023 | 09:50Members of the Cashew Nut Association of Cambodia (CAC) will soon benefit from a preferential interest rate of 5.5 per cent, a marked reduction from the previous 9-12 per cent.
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Furniture exports decrease by almost 29% on-year to $164M in January-April
Mon, 5 Jun 2023 | 09:48Cambodia earned $164.111 million from the export of “furniture, lighting signs, prefabricated buildings” in the first four months of 2023, down 28.82 per cent year-on-year from $230.544 million and down 52.01 per cent half-on-half (compared to July-October 2022) from $341.97 million
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Local business owners gear up for China International Import Expo in Shanghai in November
Mon, 5 Jun 2023 | 09:47The Ministry of Commerce has invited local business owners to the sixth China International Import Expo (CIIE) in Shanghai, which is scheduled from November 5-10, to network with Chinese companies and investors.
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S’ville port operator’s Q1 net profit doubles
Mon, 5 Jun 2023 | 09:44Local public-listed Sihanoukville Autonomous Port (PAS) reported an overall decline in business performance in the first quarter of the year – ended March 31 – stemming from regional and global economic slowdown.
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Hotel association strikes app deal with Lanmei Airlines
Mon, 5 Jun 2023 | 09:43The Cambodia Hotel Association (CHA) and Chinese-owned Lanmei Airlines (Cambodia) Co Ltd have joined hands in a bid to attract more regional tourists as well as to deliver efficient and cost-effective supply-chain linkages for some of the Kingdom’s lodging facilities.