China will import “pra” fish from Cambodia in the near future, once technical experts study and assess sanitary and other associated risks in virtual inspections and give the all-clear, Chinese ambassador to Cambodia Wang Wentian affirmed on December 6. “Pra” in the Khmer language typically refers to Pangasius djambal, but could more widely describe shark catfish […]
Read MoreCambodia exported 4,294.05 tonnes of tobacco in the first 11 months of 2021, dipping by 24.42 per cent year-on-year, of which 98.108 per cent was exported to Vietnam, according to Ministry of Agriculture, Forestry and Fisheries data. Vietnam was the main buyer, with 4,212.80 tonnes, followed by Belgium (59.42 tonnes), Hungary (19.80 tonnes), Bosnia and […]
Read MoreThe Cambodian government has pushed for more products for exports as the country is opening wider markets after free trade agreements and the Regional Comprehensive Economic Partnership Agreement come into force earlier next year. Speaking at the inauguration ceremony of the national road number 7 on Monday, Prime Minister Hun Sen said that the Cambodia-China […]
Read MoreCambodia may face tougher challenges than some of its ASEAN counterparts as it rebuilds its economy from the impact of the Coronavirus because it has fewer fiscal resources, meaning the social safety net is not as strong as some other Southeast-Asian nations, according to Jayant Menon, a visiting fellow at the ISEAS Yusof Ishak Institute […]
Read MoreThe government has decided to extend tax exemptions to sectors ravaged by the Covid-19 outbreak, to allow businesses breathing space for recovery and boost economic growth amid a lingering uncertainty over the convergence of crises brought on by the pandemic. Speaking at the inauguration of National Road 11 and associated roads in the Prey Veng […]
Read MoreCambodia’s garment industry is the cornerstone of the economy accounting for 57 percent of the Kingdom’s exports and making up around 80 percent of its gross domestic product. As wages rise, international fashion houses, such as H&M, Adidas and Nike, may shift production elsewhere unless the industry makes fundamental changes, according to Soun Vichea, Director […]
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