With the Kingdom’s edible bird’s nest business showing a steady increase, official exports to China are expected to begin soon, the Cambodia Bird’s Nest Federation president Nang Sothy said.
With more plans for rice storage and silos in Cambodia, industry insiders have expressed their optimism that a lack of facilities will not pose a challenge for the Kingdom’s rice market this year.
Australian start-up AsiaCarGroup has launched the first online marketplace for cars in Cambodia, mykhmercar.com, according to a press release on Tuesday.
Cambodian bicycle exports to the EU amounted to 1.52 million individual units last year valued at $331 million, according to a World Bank report released on Monday.
Cambodia may face a salt shortage again this year, as harvests yielded little more than 30 per cent of the total local demand, Salt Producers Community of Kampot-Kep (SPCKK) technical chief Bun Narin said.
A Ministry of Agriculture, Forestry and Fisheries official on Tuesday responded to a report that China is to ban pig imports from the Kingdom due to an outbreak of African swine fever (ASF) by saying Cambodia has never exported the animals to overseas markets.
Cambodia can now directly export yellow bananas to China, without relying on Vietnam as an intermediary, a Ministry of Agriculture, Forestry and Fisheries announcement said.
Prime Minister Hun Sen is set to sign a memorandum of understanding (MoU) on increased rice quotas with China at the 2nd Belt and Road Forum for International Cooperation in Beijing, according to a statement on Wednesday from the Ministry of Commerce.
Cambodia imported 54,149 tonnes of livestock and meat to meet domestic demand last year, according to a Ministry of Agriculture, Forestry and Fisheries report.
Cambodia's retail petrol price has increased more than 20 per cent during the first four months of this year due to rising costs on the international market, the monthly oil prices set by the Ministry of Commerce reveal.