“NATIONAL CASSAVA POLICY” (NCP) TO BOOST DOMESTIC PRODUCTION, PROCESSING AND COMMERCIALISATION FOR EXPORT
The Kingdom has officially launched a “National Cassava Policy” (NCP) to boost domestic production, processing and commercialisation for export to international markets in line with the government’s Industrial Development Policy for 2015-2025. The NCP is a joint effort by the…
Read moreTHE NEW “INVESTMENT LAW” IS MORE PREFERENTIAL AND ATTRACTIVE, FOCUSING ON PROTECTING THE RIGHTS AND INTERESTS OF INVESTORS
The Secretary-General of the Cambodia Development Council (CDC) Sok Chenda Sophea has held a meeting, to solicit opinions from all parties and improve the draft content of the new Investment Law. Permanent Secretary of State of the Ministry of Finance…
Read moreCAMBODIA EXPORTED MORE THAN 3.58 MILLION TONNES OF MILLED RICE AND PADDY WORTH MORE THAN $1.26 BILLION IN 2020
Cambodia exported more than 3.58 million tonnes of milled rice and paddy worth more than $1.26 billion in 2020, according to Minister of Agriculture, Forestry and Fisheries Veng Sakhon. Outbound shipments of milled rice accounted for 690,829 tonnes worth nearly…
Read moreCAMBODIAN IMPORTERS AND EXPORTERS CAN NOW APPLY FOR ASEAN CUSTOMS DECLARATION DOCUMENTS ELECTRONICALLY
Cambodian importers and exporters can now apply for ASEAN Customs Declaration Documents (ACDD) electronically through the ASEAN Single Window (ASW), the General Department of Customs and Excise of Cambodia (GDCE) said on December 24. The documents will be recognised by…
Read moreMASERATI EYES CAMBODIA AS THE NEW GROWTH MARKET IN SOUTH EAST ASIA
Maserati announces the opening of a new market in Asia Pacific as the Brand enters Cambodia and highlights its goals to be a true global automotive player. Maserati is represented in Cambodia by HGB Group, a strong automotive operator present…
Read moreCP ALL PUBLIC CO LTD HAS RELEASE A STATEMENT THAT THE EXPANSION OF ITS 7-ELEVEN CONVENIENCE STORES TO CAMBODIA AND THE LAO PDR
The statement was released following Thailand’s The Nation report on Nov 20 that CP All, the local operator of 7-Eleven convenience stores, had suspended its plan to launch 7-Eleven stores in Laos and Cambodia because of the ongoing COVID-19 outbreak…
Read moreADB APPROVES $70 MILLION LOAN TO STRENGTHEN AGRICULTURAL VALUE CHAIN AND FOOD SAFETY IN CAMBODIA
The Asian Development Bank (ADB) has approved a $70 million loan to improve the capacity of agribusinesses in six provinces across Cambodia to process key agricultural products such as cassava, cashews, mangoes, vegetables, and poultry. Under the agricultural value chain competitiveness…
Read moreCAMBODIA’S BANKS REPORT 20.7 PCT LENDING GROWTH IN H1
PHNOM PENH– Loan demands from the banks in Cambodia rose by 20.7 percent to 26.7 billion U.S. dollars during the first half of 2020, said a central bank’s biannual report on Thursday. The Southeast Asian nation has 51 commercial banks…
Read moreCAMBODIA AND SOUTH KOREA OFFICIALLY BEGIN FREE-TRADE TALKS
PHNOM PENH–Cambodia and the Republic of Korea on July 9 officially embarked on free-trade negotiations (FTA) with the goal of boosting bilateral trade and investment The talks began during a video conference attended by South Korean Trade Minister Yoo Myung-hee…
Read moreCHINA, CAMBODIA REACH FREE TRADE AGREEMENT AFTER 6 MONTHS OF TALKS
Chinese Commerce Minister Zhong Shan and his Cambodian counterpart Pan Sorasak jointly announced on Monday the completion of China-Cambodia Free Trade Agreement (FTA) talks, half a year after the two sides launched the negotiations. That marks almost the fastest speed…
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