Cambodian exports of industrial products, including garment products, were worth $6.370 billion in 2020, a year-on-year decrease of 43 percent, according to data released by the Ministry of Industry, Science, Technology and Innovation. The ministry’s report showed that exports of garments, footwear and travel goods reached only $3 billion, a massive decrease from the $9.32 […]
Read MoreThirty-one Cambodian tariff lines – mostly agricultural products – now carry the zero rate to neighbouring Vietnam for 2021-2022, the Ministry of Commerce announced on March 25. This comes as the Bilateral Trade Facilitation Agreement for 2021-2022 was formally ratified after the completion of internal procedures, with retroactive benefits for exports, the ministry said. The […]
Read MoreThe use of the US dollar is a remnant of the Khmer Rouge regime, symbolising the degradation of global confidence in Cambodia’s economic system. It is a daily reminder of the brutality that occurred during the civil war. “More than economic development, the use of the riel is a matter of our national pride,” said […]
Read MoreThe Cambodian think tank Asian Vision Institute (AVI), Woomentum and the Harpswell Foundation have launched a “Women Digital Entrepreneurship Programme (WDE)”. It is a joint venture to empower women’s digital entrepreneurship, business and social skills via policy dialogue, training, research and publication. The programme will kick-start with policy dialogue among female entrepreneurs and policy and […]
Read MoreThe Ministry of Commerce’s Go4eCam e-commerce marketplace is expected to go online in July, according to Long Kemvichet, the ministry’s spokesman. Kemvichet made the remarks at an Aid-for-Trade Stocktaking Event 2021 webinar on Wednesday afternoon. Aid for Trade is an initiative by the World Trade Organization to help accelerate and promote trade in developing countries. […]
Read MoreDeputy Prime Minister and Minister of Economy and Finance (MEF) Dr Aun Pornmoniroth took part in a question and answer session with Khmer Times in conjunction with the 41st anniversary celebrations of the reintroduction of the riel. Here are his responses on the relationship between the National Bank of Cambodia (NBC) and the MEF. Despite being two […]
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