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Biofuel production plant to reopen
MH Bio-Energy Cambodia, which is the Cambodia’s first biofuel plant located in Kandal province, is set to reopen in October after closing earlier this year because of the high crops prices. The plant started operating in Cambodia in November 2008 by investing initially US$30 million. The plant was closed temporarily in April 2010 due to … Continue reading
Bilateral trade with Thailand increased
Thai Embassy’s Foreign Trade Promotion Office (FTPO) released statistics by showing that international trade between Cambodia and Thailand has increased more than 80 percent during the first four months of 2010, compared to the same period last year. During April 2010, the bilateral trade was estimated to total USD$386 million alone. Exchanged goods with neighboring … 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
Trade Development Support Program Launched
The Cambodian Ministry of Commerce, together with four of its development partners, launched a $12.6 million Trade Development Support Program (TDSP) on March 23, 2009, aimed at assisting Cambodia to expand its international trade. The program is financed by the European Commission, the Danish International Aid Agency (Danida) and the United Nations Industrial Development Organization … Continue reading
Decline in rubber export hit by financial crisis
Since 2007, the global financial crisis has affected the international trade, and cooled down car sales. In addition, the impact of financial crisis also hit hardly the decrease in the demand for tyres and also affected the Cambodia’s rubber production exports to international markets. According to the Cambodia Economic Watch, the rubber sector is expected … Continue reading
Cambodia’s Kampot Pepper Makes a Come back
Kampot province in southern Cambodia was long famous for the quality of its pepper. But under the Khmer Rouge regime in the late 1970s, almost all of the province’s pepper plantations were uprooted to make way for rice. Now a local company is leading an effort to revive Kampot pepper by earning it Geographical Indication … Continue reading