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Business News

Cambodia to Export Mangos to China Soon

AKP Phnom Penh, June 04, 2020 -- Cambodia will soon export mangos to the world’s second biggest economy –China, a move of diversifying the Kingdom’s agricultural product exports to foreign markets. Cambodia and China have scheduled to ink a protocol on phytosanitary for mango export on June 9 in Phnom Penh, according to the Chinese Embassy....

Cambodia Exports 1.4 Million Tonnes of Agricultural Products in First Five Months

AKP Phnom Penh, June 03, 2020 -- Cambodia exported a total of 1.4 million tonnes of non-rice agricultural products to foreign markets during the first five months of this year, despite the global COVID-19 crisis. Report from the Ministry of Agriculture, Forestry, and Fisheries shows that the exported non-rice agricultural products inclu...

Over 20,000 Tonnes of Yellow Bananas Exported in First Five Months

AKP Phnom Penh, June 03, 2020 -- During the first five months of 2020, Cambodia exported 22,762 tonnes of yellow bananas, wherein 14,414 tonnes to Vietnam and 8,348 others to China. The update was shared with H.E. Veng Sakhon, Minister of Agriculture, Forestry and Fisheries when inspecting the progress of agro-industrial crop development of Long...

World Bank: Japan Looks ‘Very Promising' for Parts

AKP Phnom Penh, June 01, 2020 -- The World Bank says Cambodia should diversify away from garment exports by further promoting shipments of electronic and vehicle parts and accessories to Japan. In its biannual update for Cambodia released Friday, the bank said Cambodia’s garment, footwear and travel goods exports grew only 7.5 percent...

Cambodia's Rice Exports Up 42 Percent in First Five Months

AKP Phnom Penh, May 30, 2020 -- Some 356,097 tonnes of Cambodian milled rice have been exported to foreign markets during the first five months of this year. The figure shows an increase by 105,925 tonnes or 42.34 percent compared to the same period in the previous year, according to Minister of Agr...

Three Investment Projects Worth US$246 Million Licensed

AKP Phnom Penh, May 27, 2020 -- Council for the Development of Cambodia (CDC) has given the green light to three new investment projects with a total investment capital of US$246.1 million. According to the council's press release issued yesterday, the newly approved projects are expected to create some 1,547 jobs for the locals....

Over 110,000 Tonnes of Wood Slices in Koh Kong Exported

AKP Phnom Penh, May 27, 2020 -- A firm branded Greenrich Group Co., Ltd. investing in Koh Kong province has exported over 110,000 tonnes of wood slices by far. The encouraging update was shared by the company’s representative Mr. Rattana with H.E. Veng Sakhon, Minister of Agriculture, Forestry and Fisheries, and H.E. Mrs. Mithona Phouthorng, Gove...

Cambodia Exports Nearly US$265 Million Worth of Electrical Equipment in First Four Months

AKP Phnom Penh, May 26, 2020 -- Cambodia exported electrical equipment, machinery and mechanical appliances worth in total US$264.89 million to foreign markets in the first four months of this year, according to a report from the Ministry of Commerce. The figure represented an increase of over 33 percent compared to the same peri...

A Big Agro-Industrial Farm to Appear in Kampot Province

AKP Phnom Penh, May 25, 2020 -- Council for the Development of Cambodia (CDC) has approved a new project to establish a large agro-industrial farm in Preah Monivong National Park (Bokor) located in Chum Kiri and Teuk Chhou districts of Kampot province. According to a CDC’s press release made public this morning, with a capital of...

Nearly US$175 Million Investment Projects Approved

AKP Phnom Penh, May 22, 2020 -- Five more investment projects worth US$174.8 million have been approved, according to a press release of the Council for the Development of Cambodia issued on May 22. The newly-approved projects are expected to generate in total 2,458 jobs for the locals. The five investment projects cover the c...

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