Business News

Cambodia Exports 132,000 Tonnes of Rubber in First Semester

AKP Phnom Penh, July 02, 2021 --- Cambodia exported 132,174 tons of rubber latex in the first semester of this year, an increase by 7.18 percent compared to the same period last year. Figures from Minister of Agriculture, Forestry and Fisheries, the export generated almost US$222 million. The average price of rubber during a January-June p...

Over 3 Million Tonnes of Agricultural Products Exported during First Half

AKP Phnom Penh, July 02, 2021 -- Cambodia exported 3,270,902 tonnes of agricultural products, besides milled rice, to foreign markets during the first six months of this year, despite the global COVID-19 crisis. Report from the Ministry of Agriculture, Forestry, and Fisheries shows that the exported agricultural products included mainly cassa...

Cambodia’s Milled Rice Export Amounted to Over 280,000 Tonnes in First Six Months

AKP Phnom Penh, July 02, 2021 -- Cambodia exported 280,450 tonnes of milled rice during the first six months of this year, a decline of 29.47 percent compared to the same period last year. The figure was shared recently by H.E. Veng Sakhon, Cambodian Minister of Agriculture, Forestry, and Fisheries. Cambodia’s milled rice was shipped to 47...

CDC Grants Investment Licences to Four New Factories

AKP Phnom Penh, June 24, 2021 -- Four new factories have been licensed by the Council for the Development of Cambodia (CDC) for the rollout of their investment project worth US$27.3 million. The factories are Honglaite Home Handicraft (Cambodia) Co., Ltd., Xin Chen Fu Handicraft and Hoseware (Cambodia) Co., Ltd., Jiaway Decor Co., Ltd., and L...

Ban of Frozen Meat Imports from India Removed

AKP Phnom Penh, June 22, 2021 -- The Royal Government of Cambodia has decided to lift the ban on the imports of frozen meats and other frozen products from India, but with two temporary conditions. The move was made after the COVID-19 situation in India has been easing and the tests on frozen meats have shown negative result, said a statement...

CDC Approves a US$5 Million Factory Project in Kampong Speu Province

AKP Phnom Penh, June 21, 2021 -- A US$5 million bag factory will be built in Samrong Tong district, Kampong Speu province, creating 1,383 jobs for the locals. The information was shared in a press release of the Council for the Development of Cambodia (CDC) issued this afternoon following its approval of the investment project. The...

Cambodia-South Korea Trade Volume Recorded at Over US$300 Million in First Five Months

AKP Phnom Penh, June 16, 2021 -- Bilateral trade between Cambodia and South Korea was valued at more than US$300 million in the first five months of 2021, a year-on-year increase of 2.66 percent. Figures from the Ministry of Commerce show that from January to May 2021, Cambodia exported over US$75 million worth of goods to South...

Three Garment and Textile Projects Approved by CDC

AKP Phnom Penh, May 14, 2021 -- The Council for the Development of Cambodia (CDC) has granted green light to three garment and textile projects in Phnom Penh capital and the provinces of Takeo and Kandal. According to a CDC’s press release issued this evening, the new projects with a total investment capital of US$14.9 million would gen...

China Confirms to Import More Cambodian Agricultural Products

AKP Phnom Penh, June 09, 2021 -- Chinese government has confirmed the imports of more Cambodian agricultural products as contribution to the Kingdom’s agricultural development and to strengthen the relationship between the two countries. The confirmation was made by Chinese State Councilor and Minister of Foreign Affairs H.E. Wang Yi du...

Ministry of Commerce to Launch E-Commerce Marketplace

AKP Phnom Penh, June 09, 2021 -- Ministry of Commerce will launch CambodiaTrade, an e-commerce marketplace aiming to serve small and medium enterprises (SMEs) to sell their products online to potential clients in the domestic and overseas markets. The ministry calls on those who wish to sell their products in the e-commerce marketplace...

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