Cambodia’s Crude Oil Imports Fall 12 pct in Q-1
April 28th, 2013, Live Trading News, Business & Commercial Development, Economics, Energy, Extractive Industries, Imports, Industry, International Relations, Oil, Trade
Cambodia imported 412,190 tons of Crude Oil in Q-1 of Y 2013, a 12% fall compared with the 471,000 tons it imported at the same period last year, the Commerce ministry’s report showed Saturday.
During the January-March period this year, the country spent US$ 397-M to buy its Crude Oil down 15% from US$469-M at the same period last year, it said. …
On 8 April, during the official visit of Cambodian Prime Minister Hun Sen to China, Hun Sen and Chinese Premier Li Keqiang witnessed a signing on a Memorandum of Understanding MOU on a 5-M tons Crude Oil refinery project among China Development Bank HK:1062, China Export and Credit Insurance Corporation, China Perfect Machinery Industry Corporation and Cambodian Petrochemical Company. …
Paul A Ebeling Jr
http://www.livetradingnews.com/cambodias-crude-oil-imports-fall-12-pct-in-q-1-112338.htm#.UX3J3aKj2xA
Cambodia’s Conglomerate in talks to buy communications satellite from China
April 11th, 2013, Live Trading News, Business & Commercial Development, Economics, Industry, International Relations, Telecommunications
Cambodia’s Royal Group of Companies is in negotiations to purchase a satellite from China Aerospace Science and Technology Corporation for its telecoms operations in Cambodia, Cambodian Minister of Commerce Cham Prasidh said Wednesday. …
Tycoon Kith Meng currently owns the kingdom’s largest mobile phone operator, Mobitel. In April 2011, the government of Cambodia signed a concessional contract to grant his company to study and prepare for the launching of a communications satellite.
Under the contract, the company will take three years to study and prepare for launching Cambodia Satellite-1 in order to serve phone, broadband Internet and broadcasting services and other sectors. …
Paul A Ebeling Jr.
http://www.livetradingnews.com/cambodias-conglomerate-in-talks-to-buy-communications-satellite-from-china-110184.htm#.UWYXaKKj2xA
Cambodia’s total trade worth US$ 2.7-B in first 2 months, + 28%
March 23rd, 2013, Live Trading News, Business & Commercial Development, Economics, Exports, Imports, Industry, International Relations, Trade
Cambodia’s import and export trade volume had amounted to US$2.7-B in the 1st 2 months of this year, up 28% compared to the US$2.1-B in the same period last year, the statistics of the Commerce Ministry showed Friday.
Main products Cambodia imported are garment and textile raw materials, petroleum, construction materials, automobiles and motorcycles, consuming items, food and soft drinks, pharmaceutical products and cosmetics, while it exported garments and footwear, rubber latex, milled rice, corn and cassava. …
Living Trading News
http://www.livetradingnews.com/cambodias-total-trade-worth-us-2-7-b-in-first-2-months-28-108436.htm#.UU-oRBej2xA
Cambodia’s Rubber exports + 12%, revenues off 27% in 1st 9 months of Y 2012
November 6th, 2012, Live Trading News, Agriculture & Agri-business, Agro-Industry, Business & Commercial Development, Economic Land Concessions, Economics, Exports, International Relations, Land Tenure, Production
Cambodia Monday reported a 12% rise in rubber latex exports in the first nine months of this year; however, revenues from the exports went down by 27% due to declining rubber prices in the international market. …
Live Trading News Staff
http://www.livetradingnews.com/cambodias-rubber-exports-12-revenues-off-27-in-1st-9-months-of-y-2012-92362.htm#.UJh2gW_Mjp8
Cambodia records almost US$2-B trade deficit in 9 months
October 22nd, 2012, Live Trading News, Business & Commercial Development, Economics, Exports, Imports, Trade
Cambodia reported a trade deficit of 33% in equivalent to US$1.99-B in the 1st 9 months of this year, the report of the Ministry of Commerce showed Saturday…
Living Trading News Staff
http://www.livetradingnews.com/cambodia-records-almost-us2-b-trade-deficit-in-9-months-90475.htm
Citibank (NYSE:C) sees business opportunities in Cambodia
September 25th, 2012, Live Trading News, Banking & Finance, Business & Commercial Development, Foreign Investment, International Relations
Citibank, one of the largest banks in the United States and the World, is seeking for investment opportunities in Cambodia, a bank senior official said Tuesday.
During a meeting with Cambodian Deputy Prime Minister and Finance Minister Cambodian Keat Chhon on Tuesday afternoon, Darren Buckley, country head of the Citibank in Bangkok, expressed the bank’s interest to invest in Cambodia and urged the country to issue ” sovereign bonds”, Mey Vann, head of the Finance Ministry’s financial industry department, told reporters after the meeting…
Live Trading News
http://www.livetradingnews.com/citibank-nysec-sees-business-opportunities-in-cambodia-87222.htm
Cambodia records US$1.51-B trade deficit in 7 months
September 14th, 2012, Live Trading News, Business & Commercial Development, Domestic Investment, Exports, Imports, International Relations, Trade
Cambodia reported a trade deficit of 34% in equivalent to US$1.51-B in the 1st 7 months of this year, the report of the Commerce Ministry showed Thursday.
During January-July period this year, the country’s total import and export value was US$7.45-B, up 15% from US$6.47-B at the same period last year, the report said.
The imports increased by 18% to US$4.48-B, whilst the exports rose by 11% to US$2.97-B, leading the trade deficit of US$1.51-B, it said.
Cambodia is heavily reliant on international trade, and the economy is supported by garment industry, tourism, agriculture and construction…
Live Trading News Staff
http://www.livetradingnews.com/cambodia-records-us1-51-b-trade-deficit-in-7-months-85827.htm
Cambodia’s trade with Malaysia grows sharply
August 23rd, 2012, Live Trading News, Business & Commercial Development, International Relations, Trade
Cambodia’s trade with Malaysia grows sharply in 1st 4 months of Y 2011
The bi-lateral trade between Cambodia and Malaysia increased by 75% in the 1st 4 months of this year, compared to the same period last year, said a senior commerce official Wednesday.
From January to April this year, the two countries total trade volume amounted to US$100.6M, + 75% from US$57.5M in the corresponding period last year, Pan Sorasak, secretary of state for the Ministry of Commerce, said during opening the 2nd Malaysia Solo Fair 2011 in Phnom Penh…
Live Trading News Staff
http://www.livetradingnews.com/cambodias-trade-with-malaysia-grows-sharply-47229.htm
Cambodia’s trade with US reaches US$1.39-B in 1-H, + 4.5%
August 23rd, 2012, Live Trading News, Business & Commercial Development, Industry, International Relations, Trade
Cambodia’s trade with US reaches US$1.39-B in 1-H, + 4.5%
Bi-lateral trade volume between Cambodia and the United States had jumped to US$1.39-B in 1-H of this year, a 4.5% rise compared with US$1.33-B at the same period last year, according to the statistics of the US Department of Commerce obtained Wednesday…
Live Trading News Staff
http://www.livetradingnews.com/cambodias-trade-with-us-reaches-us1-39-b-in-1-h-4-5-83222.htm
Cambodia’s largest port reports US$14-M revenues, + 14% in 1st 5 months of Y 2012
July 24th, 2012, Live Trading News, Agriculture & Agri-business, Business & Commercial Development, Economics, Exports, Imports, Rice, Trade
Cambodia’s largest Sihanoukville Autonomous Port (SAP) Saturday reported that it earned the total revenues of about US$14-M in the 1st 5 months of this year, + 14 rise from US$12.3-M at the same period last year.
Goods exported through the port are mostly garment products and agricultural products including rice, rubber and cassava…
Live Trading News
http://www.livetradingnews.com/cambodias-largest-port-reports-us14-m-revenues-14-in-1st-5-months-of-y-2012-79160.htm#.UA5t32BREXw
Germany, Cambodia cement stronger investment, and tourism relations
June 4th, 2012, Live Trading News, Business & Commercial Development, Economics, Foreign Investment, Industry, International Relations, Tourism
Hermann Otto Solms, vice president of the German Bundestag, the lower house of parliament, Monday pledged to encourage German investors and tourists to Cambodia in order to cement the bi-lateral ties.
Hermann made his remarks during a meeting with Cambodian Prime Minister Hun Sen at the Peace Palace here. …
Live Trading News
http://www.livetradingnews.com/germany-cambodia-cement-stronger-investment-and-tourism-relations-75348.htm#.T-cPdWBREXx