A global shortage of containers and rising shipping rates during the Covid-19 outbreak has driven up production costs for the Kingdom’s mangoes and eroded their competitiveness on the international market, according to two leading producers-cum-exporters.
Cambodia has committed its support for a regional initiative to develop a programme that abets home-grown innovative entrepreneurs with climate tech solutions, according to an official at the Ministry of Environment.
Ly Ly Food Industry Co Ltd (Lyly Food) and Leang Leng Fish Sauce Enterprise became the first companies to apply for the newly-issued “Cambodian Quality Products” label at the Ministry of Industry, Science, Technology and innovation.
Cambodia Chamber of Commerce (CCC) vice-president Lim Heng has said he will lead a group of local businesspeople to join an Indian virtual tech expo next week to discover the latest technological advances in the marketplace and form strategic partnerships with other attendees.
Reports of government approval for what could become the Kingdom’s first pulp and paper mill in Kampot province’s Teuk Chhou district have galvanised investment hopes and instilled a renewed sense of opportunity in the southwestern coastal province.
Twelve outlets of Big C, the long-standing supermarket brand run by Thailand’s Central Group, has had its brand identity changed after 22 years in Vietnam.
Cambodia exported a total of 1,599,922.37 tonnes of major non-milled-rice agricultural products in the first two months of this year, an increase of 569,493.88 tonnes or 55.27 per cent compared to the same period in 2020, according to Minister of Agriculture, Forestry and Fisheries Veng Sakhon.
The Ministry of Commerce has invited businesses that wish to export to China to join a three-day virtual and in-person expo set to be held in eastern China’s Shandong province from April 27-29.
Nearly a month on after the government lifted a ban on a slew of fisheries products, Cambodia remains divided over the ramifications of the move, with fish farmers lamenting a plunge in commodity prices as economic pundits argue that the curb constitutes a constraint on the free market.
Japan has provided a 1.132 billion yen grant ($10.8 million) to Cambodia for the implementation of a Vessel Traffic System (VTS) at the Kingdom’s flagship deep-sea port in Preah Sihanouk province to perk up maritime safety and efficiency, according to the Japanese embassy in Cambodia on March 1.