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Cambodia: Kingdom petrol price spike looms

Retail petrol prices in the Kingdom continued to fall on Monday amid an increase in crude oil prices in the international market. This follows the renewal of a pact between two top oil producers to cap output and the temporary trade cease fire between the US and China. A Ministry of Commerce statement released on […]

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Cambodia, Thailand trade surpasses 2017 numbers

Trade between Cambodia and Thailand reached $7 billion during the first nine months of the year, exceeding figures for the entire last year. The trade figures for the nine-month period reflect Cambodia and Thailand’s commitment to reach $15 billion in bilateral trade by 2020, said the Cambodian Minister of Commerce, Pan Sorasak. Speaking at a meeting on Friday in the […]

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Cambodia: Ministry of land calls for construction investment boost

The Ministry of Land Management urged foreign investors to increase investment in Cambodia’s real estate sector to take advantage of the country’s healthy economic progress which has sparked real sector growth altogether. Minister Chea Sophara said during the seventh Cambodia Constructor Association (CCA) Summit and the Fifth Cambodia Construction Industry Expo that the construction sector […]

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Cambodia, ADB discuss $30m loan

The Ministry of Tourism has begun discussions with the Asian Development Bank (ADB) over a $30-million loan to fund infrastructure in coastal provinces that would support tourism development. The government has announced plans to use the money to build two seaports in Preah Sihanouk province – in Sihanoukville and in the island of Koh Rong. […]

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CRF voices concern over EU rice tax on Cambodia

The president of the Cambodia Rice Federation (CRF) has expressed concern over an impending EU tariff on Cambodian rice imports, saying that it is factors within EU states that are harming European farmers most. “Difficulties faced by European farmers are largely due to the lack of collaboration between them, millers and traders,” CRF president Sok […]

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