Tag Archives: united

Exports up despite EU crisis

While sovereign debt crises in Europe and a lagging US economy have yet to curtail cheap Cambodian exports, industry watchers said domestic producers should diversify their target markets to avoid a future slow down. Continue reading

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How Asia escapes EU’s woes

Potential threats from Western economies continue to weigh on Cambodia and other Asian countries, with fear of default in Greece once again driving instability in regional markets. Greece’s parliament this week managed to pass yet another austerity measure, though there are some media reports that default is by now inevitable. Continue reading

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Calls for Kingdom to join transparency group

A new US commitment to oil and mining transparency may push the Kingdom closer to a similar agreement, Cambodian experts have said. US President Barak Obama announced earlier this week that the US would join the Extractive Industries Transparency Initiative as an implementing country, according to a White House statement. Continue reading

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Inflation weighs on Kingdom’s rice exports

CAMBODIA’S rice export revenues jumped by more than 200 percent on increasing world food prices during the first eight months of the year, according to Ministry of Commerce data. Price increases, however, drove total exports down. Cambodia exported US$59.8 million in rice, or 105,452 tonnes, between January and August, up from $19.6 million during the same period last year. Continue reading

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Kingdom awaits US trade law

A jeweller displays gold necklaces at a shop in Phnom Penh earlier this year. Continue reading

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Fuelling the world economy

The world consumes over 30 billion barrels of oil per year, or about 84 million barrels a day. Continue reading

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Long Beach Expo Seeks Ways to Boost Cambodian Trade

Long Beach, Calif., saw its second annual business expo last weekend, where US and Cambodian partners looked for new ways to increase the flow of trade between the two countries. Danny Vong, an adviser to the Cambodian-American Business Association, which hosted the expo, said trade was moving forward. “Last year we did not have permission to import rice from Cambodia,” he said. Continue reading

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