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Business News

Cambodia-South Korea Trade Valued at US$884 Million Last Year

AKP Phnom Penh, January 18, 2021 -- The bilateral trade between Cambodia and South Korea was valued at US$884 million as of December 2020, a year-on-year decrease of 14 percent. Figures from the Korean International Trade Association showed that from January to December 2020, Cambodia exported US$317 million worth of products to South K...

A US$7.8 Million Garment Factory Project Approved by CDC

AKP Phnom Penh, January 18, 2021 -- Council for the Development of Cambodia (CDC) has approved a new investment project with a total capital of US$7.8 million in Takeo province. According to the CDC’s press release issued this afternoon, invested by HC Global Textile Co., Ltd., the newly approved project is expected to crea...

A New Bag Factory Project Approved by CDC

AKP Phnom Penh, January 14, 2021 -- A US$2.4 million bag factory project has recently obtained green light from the Council for the Development of Cambodia (CDC). According to the CDC’s press release made public yesterday, the newly approved investment project is located along the National Road No. 5 in Samaky Meanchey district,...

CDC Approves Two Investment Projects in Early January

AKP Phnom Penh, January 13, 2021 -- The Council for the Development of Cambodia (CDC) has issued investment certificates to two companies to invest in the production of clothes and cool boxes. The two new projects, which belong to Jian Yuan Tong Garment Co., Ltd. and Polymer Plastic Products (Cambodia) Co., Ltd., are expected to create some 5...

Cambodia’s Exports to the U.S. Still on the Rise Amid Coronavirus Crisis

AKP Phnom Penh, January 08, 2021-- Cambodia exported US$6,059 million worth of goods to the U.S. in the first eleven months of 2020, inching up 17 percent compared to the same period a year before, reflecting a strong export amid hard time of COVID-19 pandemic. Figures from the U.S. government shows that the bilateral trade between Cambodia a...

Cambodia’s Rubber Export Valued at US$459 Million in 2020

AKP Phnom Penh, January 05, 2021 -- Cambodia exported some 340,000 tonnes of rubber in 2020 generating US$459 million for the national income. The update was shared yesterday by the Ministry of Agriculture, Forestry and Fisheries, adding that during the year, the export of rubber trees was worth nearly US$24 million. Cambodia has in total...

Cambodia Exports Over US$8 Million worth of Fisheries Products in 2020

AKP Phnom Penh, January 04, 2021 -- Some 3,590 tonnes of fisheries products were exported to foreign markets last year, H.E. Veng Sakhon, Minister of Agriculture, Forestry, and Fisheries said Monday. According to H.E. Minister, the country obtained 936,000 tonnes of fisheries products in 2020, of which 3,590 tonnes were sold abroad, earning U...

Cambodia-Thailand Bilateral Trade Reaches US$6.6 Billion in First 11 Months

AKP Phnom Penh, January 04, 2021 -- Bilateral trade between Cambodia and Thailand was valued at US$6.6 billion in the first eleven months of this year, down 22 percent compared to the same period last year. Figures from Thailand’s Ministry of Commerce showed that from January to November this year, Cambodia exported US$1,071 million worth of...

Cambodia Exports Almost 700.000 Tonnes of Milled Rice in 2020, Earning Some US$540 Million

AKP Phnom Penh, January 04, 2021 -- A total of 690.829 tonnes of Cambodian milled rice have been exported to foreign markets in 2020, an increase of 11.40 percent compared to the previous year. The figures were shared by the Ministry of Agriculture, Forestry and Fisheries (MAFF) in a recent report, stressing that the country earn...

A New Garment Factory Project Approved by CDC

AKP Phnom Penh, December 31, 2020 -- Council for the Development of Cambodia (CDC) has approved a new investment project with a total capital of US$6.6 million in Kandal province. According to the CDC’s press release issued this morning, the newly approved project, belonging to Jiayuan Hengrun Int’l Textile Co., Ltd., is expected to create a...

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