September 19, 2021

Category: Market

Market

MFIs Disburse US$7.73 billion as of June

The Cambodia Microfinance Association (CMA) has disbursed a total US$7,730 million in loan to a close of 2 million customers as of June this year. The association reported that some 2.8 million customers made deposits to the MFIs with a total amount of US$3,883 million. CMA Chairman Mr. Kea Borann said in a virtual meeting […]

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Market

Customs Collects US$1,520 Million in Eight months

The General Department of Customs and Excise earned US$1,500 million as revenue in the first eight month this year, representing 64.2 percent of yearly plan. The figures were shared by H.E. Kun Nhim, Director General of Customs and Excise in a recent virtual conference on vehicle import duty. Imports of cars, machinery, motorcycles and other […]

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Market

Cambodia Lauds China’s Support for Agriculture and Infrastructure Development

The Royal Government of Cambodia has spoken highly of the contribution from the Chinese government to its development process, mainly in the areas of agriculture and infrastructure. The appreciation was made by H.E. Hor Namhong, Deputy Prime Minister and Co-chair of the Cambodia-China Intergovernmental Coordination Committee in a working breakfast with Chinese State Councilor and […]

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Market

Cambodia Boosting Agricultural Product Export to China

The sanitary and phytosanitary standard on potential agricultural products are being negotiated to boost more exports from Cambodia to China. The highlight was shared by H.E. Veng Sakhon, Minister of Agriculture, Forestry, and Fisheries in the 7th ASEAN-China ministerial meeting on phytosanitary cooperation held on Sept. 13, 2021. The meeting was co-chaired by the minister […]

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Market

China’s FM Wang Visiting Cambodia to Discuss Virus, Trade

PHNOM PENH, CAMBODIA – China’s Foreign Minister Wang Yi is visiting Cambodia, where’s he expected to meet with Prime Minister Hun Sen and other officials to discuss COVID-19 and other regional issues. Cambodia’s foreign ministry said Wang’s meetings on Sunday and Monday would include discussions of trade and security as well. Wrapping up a visit […]

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Market

National Digital Economic and Social Council Formed

The Royal Government of Cambodia has formed the National Digital Economic and Social Council with an aim to build a digital economic foundation in Cambodia. His Majesty Preah Bat Samdech Preah Boromneath Norodom Sihamoni, King of Cambodia, on Sept. 7 signed a Royal Decree on the council’s formation. The National Digital Economic and Social Council […]

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Market

Cambodia, Singapore Reaffirm Bilateral Trade and Investment Cooperation

Cambodia and Singapore have reaffirmed to further strengthen their bilateral trade and investment cooperation. The commitment was made by H.E. Pan Sorasak, Minister of Commerce of Cambodia, and H.E. Gan Kim Yong, Minister for Trade and Industry of Singapore, during their bilateral meeting via videoconference yesterday afternoon. The meeting focused on the strengthening of trade […]

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Market

Fresh Mango Export Up 251% in First Eight Months

The export of Cambodian fresh mangoes to international markets saw a remarkable increase of 251 percent to 163,828 tonnes during the first eight months of this year. The figures were updated by a recent report of the Ministry of Agriculture, Forestry and Fisheries (MAFF). At the same time, the Kingdom exported 14,087 tonnes of mango […]

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