Top Business News: Cambodia's Trade Volume Drops & More
Dear reader, we're excited to present to you our curated selection of the top business news stories from the past week.
In the Business Spotlight:
Cambodia’s total trade volume from January to November hit $43,515 billion, a decrease of 9.73 percent compared to $48,204 billion in 2022, driven primarily by a decline in imports.
Japan and ASEAN Bolster Ties at a Summit Focused on Security and Economy amid Tensions with China
The summit marks the 50th anniversary of official Japan-ASEAN ties, which started in 1973 with trade talks over Japanese synthetic rubber exports.
Tokyo also pledged to reinforce support for efforts against climate change, green technology and digital transformation, as well as investment, including in the region's automotive industry.
Close Trade Finance Gap in Cambodia, Mekong Region
A report by the World Bank’s IFC identifies Cambodia, Vietnam and Laos as a “dynamic, trade-led region” in the world. However, gaps in trade finance could impact competitiveness, producers’ ability to create better jobs and continued growth.
Cambodia Agrees to Investigate Sanctioned Six
Cambodia has said it will cooperate with authorities of three countries that sanctioned six Cambodian companies and individuals involved in cyber scam operations, and launch its own investigation.
Australia Holds Discussions to Determine Development Priorities
The Australian Ambassador has launched a series of consultations with government ministries to assess the current needs of Cambodia, as it drafts its latest future development plan laying out priorities for investment.
Cambodia and Vietnam to Boost Bilateral Trade to $20b
Cambodia and Vietnam have pledged to almost double bilateral trade to $20 billion, with it growing to $11 billion by 2022.
领英推荐
The 16th Cambodian and Import-Export Goods Exhibition will take place this month to promote trade relations between Cambodia and the international community, with 32 companies from 15 countries set to attend.
Calls to Clamp Down on Illegally Imported Frozen Meat
Vendors have raised concerns over a lack of enforcement of the sale of illegally imported frozen meats, which have the potential to impact the public’s health due to an excess of chemicals.
Phnom Penh Gets Into Festive Spirit
Christmas has officially landed in Cambodia with a dazzling display of Christmas trees, adorned with shimmering baubles, sprouting from avenue parks and in front of business buildings as festive celebrations approach
SprintX Accelerator Winners Awarded
Three innovative tech startups and SMEs have been crowned winners at the SprintX Accelerator program’s Demo Day, receiving a cash prize totalling $6,000
Snoopedu Empowers STEM Education
Driven by her passion for education, innovation and technology, Poum Chansocheata has founded Snoopedu Education, which is fueling young Cambodians’ passion for STEM
Best regards,
The Kiripost team
Kiripost is your trusted source for Cambodia's business and tech news, providing insights on the latest trends and developments needed to stay ahead of the curve.