Bangladesh’s overall import orders up by 14.44% in March Reply

Bangladesh's imports are recovering after dropping by 13% in February.

Bangladesh’s imports are recovering after dropping by 13% in February.

Reposted from Bangladesh Business News

Bangladesh’s overall import orders increased significantly in March last over the previous month despite political turmoil, officials said Monday.

Opening of LCs against imports, generally known as import orders, increased by 14.44% to US$3.28 billion in March, 2013 from $2.87 billion in February, according to the central bank statistics. More…

Joint SEZs with Thailand Reply

Worker pours corn into truck after buying from farmer in Pailin.

Worker pours corn into truck after buying from farmer in Pailin.

Reposted from The Phnom Penh Post
By Vong Sokheng

Cambodia and Thailand yesterday agreed to boost bilateral trade and investment by establishing two special economic zones along their shared border and to push for the construction of a 1,800 megawatt coal-fired power plant in Koh Kong province.

The moves will “promote the livelihoods of people from the two neighbours”, said Cambodia’s Minister of Foreign Affairs Hor Namhong after a closed-door border meeting between Cambodia and Thailand yesterday in Phnom Penh. More…

Mongolian export revenue drops 3.3% as coal prices decline Reply

In April, the World Bank cut a forecast for 2013 Mongolian economic growth to 13 percent from 16 percent, citing declines in exports and foreign investment.

In April, the World Bank cut a forecast for 2013 Mongolian economic growth to 13 percent from 16 percent, citing declines in exports and foreign investment.

Reposted from Bloomberg Businessweek
by Michael Kohn

Mineral-rich Mongolia’s export income dropped in the first five months of this year as a result of falling coal prices paid by China, the nation’s largest trading partner.

Mongolia’s exports fell 3.3 percent to $1.64 billion in the first five months of this year from the same period last year, the National Statistics Office said in a release on its website yesterday. The value of coal shipments declined 44 percent to $448.6 million, while volumes dropped 14 percent to 6.33 million tons, according to the statement. More…

Food, beverage imports rise Reply

"The rise is due to a sharp growth in domestic demand"

“The rise is due to a sharp growth in domestic demand”

Reposted from The Phnom Penh Post
By May Kunmakara

Cambodia spent about $200 million on food and beverage imports to supply the domestic market last year – an increase of more than 10 per cent from the previous year, official data from the Ministry of Commerce show. More…

Garment industry body sees bright future, with growth outside Yangon Reply

“We anticipate that there will be more than 700 new factories in 2015 that will employ more than 100,000 people”

“We anticipate that there will be more than 700 new factories in 2015 that will employ more than 100,000 people”

Reposted from The Myanmar Times

The garment industry has been growing rapidly in the past two years on increased orders from Japan and South Korea, a spokesperson for the key industry body said last week. More…

Car sales sharply rise in Cambodia in 2012 due to strong economic growth Reply

high demands due to good economic performance, increased foreign investors, and more newly-opened companies

High demands due to good economic performance, increased foreign investors, and more newly-opened companies

Reposted from NZweek
By Jane B. Hatcher

PHNOM PENH, Dec. 24 — Demand for brand new cars in Cambodia has remarkably increased in 2012 thanks to robust economic growth, enhanced social security and political stability, major automobile dealers said Monday. More…

Bank of China funds new cement factory Reply

The new factory will occupy more than 40 hectares and will have the capacity to produce 3,200 tonnes per day

The new factory will occupy more than 40 hectares and will have the capacity to produce 3,200 tonnes per day

Reposted from The Phnom Penh Post
By Erika Mudie and Reuy Rann

A new cement factory is being built in Kampot which hopes to help meet domestic demand as the Kingdom’s construction industry grows. More…

ADB ups support for region’s trade finance Reply

Cambodia’s exports grew by 13.5 per cent annually and imports by 12.3 per cent between 2000 and 2009

Cambodia’s exports grew by 13.5 per cent annually and imports by 12.3 per cent between 2000 and 2009

Resposted from The Phnom Penh Post
By Anne Renzenbrink

The Asian Development Bank (ADB) and the OPEC Fund for International Development have signed an agreement to support trade in emerging Asian countries under the ADB’s Trade Finance Program, according to a news release. More…

PepsiCo to sign Myanmar bottling deal as rivalry with Coke grows Reply

Coca-Cola Co and PepsiCo fight for market share in Myanmar

Coca-Cola Co and PepsiCo fight for market share in Myanmar

Reposted from The Star Online

SHANGHAI: PepsiCo Inc is in talks to sign a bottling agreement in Myanmar, ramping up the competition with Coca-Cola Co as they fight for market share in a country emerging from decades of isolation. More…

Cambodia, a potentially lucrative market for Vietnam Reply

Trade between Vietnam and Cambodia reached US$2.8 billion last year

Trade between Vietnam and Cambodia reached US$2.8 billion last year

Reposted from SGGP
By Yen Lam

Exporting Vietnamese products to Cambodia is beneficial to both countries, however, in order to hold onto this market, Vietnamese firms must remain proactive and consistently advertise their brands and improve quality of their products and services. More…