News
Smooth trade to put $2B exports in reach
Cambodia could expand its foreign trade by up to 16 percent, adding approximately $2 billion worth of exports, by complying with a new international trade protocol that aims to slice through the red tape that slows and complicates cross-border trade. US Ambassador William Heidt said ...
Japan pledges to boost silk industry
A Japanese beauty company is to invest in Cambodian silk production to supply the local market and export to Asia and the United States. Il Brille, which runs two beauty salons and a shop in Phnom Penh, uses silk in cosmetic treatments and products for ...
Cambodia opens trade center in Shaanxi
Cambodia will unveil another commercial center in China in May, to boost trade between the two countries and inform Chinese business people and tourists about opportunities in Cambodia. Commerce Minister Pan Sorasak on March 27 announced the plan for the center in Xi’an, Shaanxi province, at ...
China offers cassava hope
Cambodia has marked its first Cassava Day with expectations of greater exports to China, one of the world’s big markets for the tuberous root. Speaking at the celebration in Battambang province on Monday, Commerce Minister Pan Sorasak said the government is speeding up exports of cassava ...
Japanese investment in light industry desired
Cambodia hopes to see Japanese investment in the light industry sector, which will help develop the kingdom’s labor force. Minister of Commerce Pan Sorasak, in a meeting last week with Japanese Ambassador to Cambodia Hidehisa Horinouchi, asked Japan to consider investing in the light industry ...
Draft consumer law completed
The Ministry of Commerce has finished the draft consumer protection law and will soon submit it to the Council of Ministers, according to a senior government official. Mao Thora, the ministry’s secretary of state, said yesterday that all chapters of the draft had been completed ...
Cambodia’s salt yield to fall
Salt production in Kampot and Kep provinces will be down this year due to unseasonal rain during the harvest season and a lack of laborers to farm the salt, according to the Salt Association of Kampot and Kep. Bun Baraing, co-executive director of the salt association, ...
Push for Kep salt to obtain GI status
The Ministry of Commerce plans to push Kep salt to obtain geographical indication status thanks to the natural quality of salt in the province. Commerce Minister Pan Sorasak said the ministry was reviewing the possibility of GI status for salt farmed in Kep because the province ...
GSP exemption pitched
A roadshow to Hong Kong this week to pitch Cambodia’s newly received duty-free access on travel goods to the US market was successful, but manufacturers have yet to sign concrete deals to establish new production lines here, a delegate of the returning business mission said. US ...
