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Category Archives: Trade
Bilateral trade between Cambodia and Singapore rose 84 percent
Chan Nora Ministry of Commerce Secretary of State Ministry of Commerce said on Monday that the international trade between Cambodia and Singapore rose 84 percent in 2009, driven by exports of sand from Cambodia to Singapore and later the government imposed ban on sand dredging for export May last year. According to the figure from … Continue reading
PM attracted $6bn Vietnamese investment
Cambodia’s prime minister Hun Sen departed Vietnam on Saturday in order to attend a Vietnamese investor’s conference in Ho Chi Minh City. During this time, Cambodia and Vietnam has agreements with US$6 billion worth of investment into Cambodia to strengthen the cooperation in four sectors of commerce, tourism, energy and transportation. The agreements were signed … Continue reading
Russian trade increased 30pc
Since the bilateral trade between Cambodian and Russia increased 30 percent, even though the Russian investment in Cambodia is estimated to be lower this year, compared to the last year. Dilyara Borovik, a counselor at the Russian Embassy, gave a speech at the an event to mark the 30th anniversary of the Russian Cultural Center … Continue reading
Cambodia-Vietnam Trade dropped 28 pc
Within the month of October of 2009, the bilateral trade between Cambodia and Vietnam declined by 28 percent, compared to the same time last year, According to Le Bien Cuong, the Commercial Attaché at the Vietnamese Embassy to the media. The latest figures reveal the trades between Cambodia and Vietnam this year, totaling US$1.049 billion … Continue reading
Garment exports dropped 21 pc in 2009
The global economic recession is still plaguing Cambodia’s garment industries, which is the nation’s main revenues and created jobs for Cambodian people from different provinces. During the last 9 months from January to September 2009, garment export decreased 21.66 percent, compared with the same period of 2008. The Ministry of Commerce released data; it shows … Continue reading
Cambodia’s Kampot Pepper Makes a Comeback
Kampot province in southern Cambodia has long been famous for the quality of its pepper. During the French colonial era, thousands of acres of the spice were grown there. But under the Khmer Rouge regime in the late 1970s, the province’s pepper plantations were uprooted to make way for rice. However, a local company is … Continue reading