Page 13 - Harmonised System News Today

Cambodia exported $232.824 million worth of electrical machinery and equipment and related products last month, ballooning by 114.6 per cent from the $108.495 million recorded in January 2022, albeit sliding by 21.99 per cent from $298.465 million in December,

Brunei’s D'Sunlit Sdn Bhd has invited interested Cambodians to the 27th Consumer Fair, set to be held from June 28 to July 2, at the International Convention Centre of ASEAN’s second smallest country, according to the Ministry of Commerce.

VIENTIANE (Vientiane TImes/Asia News Network): The value of two-way trade between Laos and Cambodia reached US$210 million in 2022, up from US$160 million in 2021, according to a report in the Phnom Penh Post.

European countries are paving the way for comprehensive plastic packaging taxes, re-shaping the trade and market conditions for exporting firms from developing countries, explains Grzegorz Peszko of the World Bank.

Bilateral trade between Cambodia and Laos is predicted to pick up after a recent series of key meetings between national leaders and prominent members of the business community, following a reported jump of roughly three-tenths last year over 2021.

Cambodia imported $1.83 billion worth of major building materials in 2022 – marking a three per cent rise over the $1.77 billion logged in 2021 – accounting for 6.1 per cent of the $29.942 billion in total imports for the year, according to the Ministry of Commerce.

Cambodia imported a total of $1.492 billion worth of “rot’yon” -class automotive motor vehicles in 2022, up 23.6 per cent versus the $1.207 billion logged in 2021, as reported by the commerce ministry, fuelled by economic growth and consumer demand.

Cambodia has asked Hungary to provide GSP- (Generalised System of Preferences) Plus facilities for when the Kingdom sheds its least-developed country (LDC) label, as the two countries prepare to hold a second business forum in the second half (H2) of this year to expand trade and investment, according to a Ministry of Commerce statement.

Cambodia earned nearly $1 billion from the export of bicycles last year, as reported by the commerce ministry, as observers point to opportunities created by non-garment manufacturing industries to secure a greater influx of investments over the coming years.

SINGAPORE (The Straits Times/Asia News Network): He began his career as a Singapore Customs (SC) officer in 2010 overseeing raids on suspects who had stashed contraband cigarettes in tissue boxes in cars at the checkpoints and in lockers at worksites.