Bilateral trade between Cambodia and Hong Kong was valued at $762 million in the first nine months of this year, a 19 per cent year-on-year increase compared with the same period last year, according to the Hong Kong Trade Development Council (HKTDC).
Speaking at a meeting between businessmen from both countries at the InterContinental Hotel in Phnom Penh yesterday, HKTDC’s deputy executive director Benjamin Chau said Hong Kong’s total exports to Cambodia were valued at $685 million. Cambodian exports to Hong Kong were valued at $76 million.
Cambodia’s GDP is projected to grow by 7 percent this year even though the global economy remains fragile and high risk due to persisting sovereign debt crisis in Europe and sluggish economic recovery in the United States, a commerce official said Monday. …
Last Tuesday, the International Monetary Fund (IMF) predicted that Cambodia is expected to register an economic growth rate of 6. 7 percent this year. …
Cambodia recorded a 17 percent rise in rubber latex exports in 2012; however, the revenues from the exports went down by 21 percent due to declining rubber prices in the international market, the government’s statistics showed Friday.
The country had exported 54,530 tons of rubber latex last year, up 17 percent from 46,730 tons in a year earlier, said the statistics from Camcontrol, or the Cambodia Import-Export Inspection and Fraud Repression Directorate General, which regulates imports and exports in the Kingdom.
To date, the country has 257,670 hectares of rubber plantations, most of them are young crops, which have not yet yielded, according to the statistics of the Agriculture Ministry’s Rubber Department. … Times Sta