The Cambodia Rice Federation (CRF) is seeking more business opportunities for Cambodia’s rice sector by signing a memorandum of understanding (MoU) with Bank of China (Hong Kong) Ltd on the third China International Import Expo (CIIE) project to promote the industry. The MoU was signed by Song Saran, president of the CRF, and Bank of […]
Read MoreCambodian Prime Minister Hun Sen said on Saturday that strengthening globalisation and multilateral trade are crucial to supporting global economic growth and reducing poverty. The prime minister made the remarks at the Global Manufacturing and Industrialization Summit which was held virtually from Sept. 4 to 5 and co-hosted by the United Nations Industrial Development Organisation […]
Read MoreAs a sign of Cambodia’s rapidly growing economy, the Kingdom is to get a consumer-protection group with the power to jail offenders, close businesses or correct misleading information. The government issued a sub-decree on the organisation and functions for the national committee, giving it powers to investigate both brick and mortar establishments and e-commerce. The […]
Read MoreCambodia and South Korea will finalise the second round of Cambodian Korean Free Trade Agreement (CKFTA) today as both nations look to diversify their trade portfolio. The four-day talks started on Aug 31 and were held virtually because of COVID-19 travel restrictions. Speaking about the negotiations this week, Ministry of Commerce spokesperson Seang Thay said: […]
Read MoreFour multi-purpose buildings will be constructed in Phnom Penh, Koh Kong and Kep to support China’s Belt and Road Initiative (BRI). The BRI is an ambitious programme to connect Asia with Africa and Europe via land and maritime networks along six corridors with the aim of improving regional integration, increasing trade and stimulating economic growth. […]
Read MoreCambodia’s rice exports to international markets in August dropped drastically to 22,130 tonnes, according to the National Phytosanitary database of the Ministry of Agriculture, Forestry and Fisheries. Compared with August last year, they fell nearly 35 percent from 34, 032 tonnes. However, in total Cambodia’s rice exports increased in the first eight months of the […]
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