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US, Cambodia trade reaches $3 billion

The trade volume between Cambodia and the United States in 2016 reached about $3 billion, while nearly 240,000 American tourists visited the kingdom. Foreign Ministry spokesman Chum Sounry told reporters yesterday after a meeting between Foreign Minister Prak Sokhonn and Mom Rady, a Democratic member of the Massachusetts House of Representatives, that Cambodia saw an […]

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Swedish aid agency offers funds for SMEs

Sweden’s development agency will provide $7 million to foster the development of small- and medium-size enterprises (SMEs) in Cambodia, according to state-run news agency AKP. The funding by the Swedish International Development Cooperation Agency (SIDA) will cover various areas of interest, including agriculture, information technology, access to water, improved hygiene and job opportunities for women, […]

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Cambodia: Post-Brexit UK trade increase expected

Trade between Cambodia and the United Kingdom is expected to increase after Britain’s exit from the European Union, according to the British ambassador, saying that after Brexit, the UK will independently negotiate trade agreements with Cambodia. Brexit will not result in restrictions on trade between Cambodia and the UK, British Ambassador Bill Longhurst said yesterday […]

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Cambodia opens trade center in Shaanxi

Cambodia will unveil another commercial center in China in May, to boost trade between the two countries and inform Chinese business people and tourists about opportunities in Cambodia.    Commerce Minister Pan Sorasak yesterday announced the plan for the center in Xi’an, Shaanxi province, at a conference to promote economic ties between the nations.  He […]

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Thailand-Cambodia: Café Amazon branching out

Café Amazon, the coffee shop brand of Thai oil giant PTT, has become one of the fastest-growing chains in Cambodia since arriving four years ago, with new outlets opening both inside PTT petrol stations and as franchised stand-alone shops. The Post’s Matthieu de Gaudemar sat down with Suthon Choothian, managing director of PTT Cambodia, to […]

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Vietnam-Cambodia: Vinamilk to take full stake of Angkormilk

Vietnamese state-owned dairy giant Vinamilk intends to spend almost $11 million to buy its Cambodian partner’s entire stake in Angkor Dairy Products Co Ltd, better known as Angkormilk, according to Vietnamese media. The deal – which would increase Vinamilk’s investment capital in Angkormilk from 10.2 million to $21 million by purchasing BPC’s 49 percent stake […]

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