China, Thailand, Vietnam imports shrank 25% from Jan-Aug: GDCE
China, Vietnam and Thailand, three major markets which Cambodia imports from, shipped more than $11.5 billion worth of goods here, making up around 70.8 per cent of Cambodia’s total imports of $16.3 billion in the first eight months of
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Four enterprises preparing for fishery exports to France
Sun, 24 Sep 2023 | 08:03The Ministry of Agriculture, Forestry and Fisheries, together with the UN Industrial Development Organisation (UNIDO), is orchestrating a request to the EU’s European Food Safety Authority (EFSA) to evaluate Cambodia’s food protection system by 2024.
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Council approves draft law to re-establish SSCA
Thu, 21 Sep 2023 | 10:06The government has approved the draft law on the re-establishment of the State Secretariat of Civil Aviation (SSCA) to modernise civil aviation technology and enable rapid development of the industry including the management structure,
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FDI grows 42% in H1 in spite of downturn
Thu, 21 Sep 2023 | 09:59Although the current global financial situation is weak, foreign direct investment (FDI) inflows in the first half of 2023 increased 41.6 per cent compared to the same period in 2022.
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Energy tariffs cut for industrial, agri sectors
Thu, 21 Sep 2023 | 09:55The Ministry of Mines and Energy has announced a reduction in electricity tariffs for the industrial and agricultural sectors, effective from October to December 2023. This move is aimed at increasing production, fostering job creation and supporting income growth for Cambodians.
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Japanese firm eyes up local barley cultivation
Thu, 21 Sep 2023 | 09:54In response to a Japanese firm’s suggestion that Cambodian farmers cultivate barley as an alternative cash crop for exports, agriculture minister Dith Tina advised that the company ensure a sustainable, long-term profitable market for the produce.
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Cellcard reports sound performance in Q2, net profit up
Thu, 21 Sep 2023 | 09:51Recently-listed telecommunications provider CamGSM Plc reported a sound business performance for the second quarter ended June 30, 2023 (Q2-2023) with the net profit up 9.9 per cent at 45.8 billion riel ($11.2 million) against 41.7 billion riel ($10.2 million) a year ago
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New S’ville steel plant to support construction, decrease imports
Thu, 21 Sep 2023 | 09:50The Council for the Development of Cambodia (CDC) has approved the establishment of a $40 million steel factory by Huale Steel (Cambodia) Co Ltd in Sihanoukville Special Economic Zone to push up production to meet the development of
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Agribusiness invited to apply for Harvest development grants
Thu, 21 Sep 2023 | 09:49Cambodia Harvest III (Harvest III), a five-year project funded by the US Agency for International Development (USAID), is inviting applications for its grants of up to $250,000 for investors and distributors, and up to $150,000 for other agricultural NGOs.
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CQS sees fishery enterprise leap from basket to factory
Thu, 21 Sep 2023 | 09:48Yun Samnang’s journey from selling items in a basket in Aranya village of Siem Reap commune, town and province to creating dried fish handicrafts with Cambodia Quality Seal (CQS) and generating a monthly income of $4,000 to $5,000 highlights the importance of quality
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Cambodia’s GDP growth likely 5.3% this year, say ADB, AMRO
Wed, 20 Sep 2023 | 09:46Two international organisations have forecast Cambodia’s economic growth to be around 5.3 per cent this year as the economy continues to be impacted by lower than expected expansion in the industrial and agriculture sector in the first half (H1)