Cambodia, US post over 800 million USD trade revenue

Bilateral trade between Cambodia and the United State reached 811.2 million USD the first quarter of this year, according to the Cambodia Embassy in the US.

Bilateral trade between Cambodia and the United State reached 811.2million USD the first quarter of this year, according to the CambodiaEmbassy in the US.

During the period, Cambodiaimported 86 million USD worth of commodities from the US. Major importsincluded automobiles, machinery and spare parts.

Meanwhile, the Southeast Asian country exported goods valued at 725.2million USD to the US, the nation’s second biggest importer behind theEU. Cambodia’s key export items are apparel and footwear.

According to the Cambodian Commerce Ministry, two-way tradeturnover between the two countries hit more than 3 billion USD in 2014.

Cambodia posted total Q1 trade revenue of 4.75billion USD, up 6.5 percent year on year. Export turnover accounted for2.14 billion USD of the sum, an annual increase of 7.5 percent.-VNA

See more

The RoK's Finance Minister Choi Sang-mok speaks at a trilateral meeting with his Japanese and Chinese counterparts in Georgia. (Photo: Yonhap)

ASEAN+3 to create new financing facility against regional crises

The Republic of Korea (RoK), China and Japan agreed on May 3 to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations (ASEAN), by launching a new financing facility programme meant to extend greater support in case of a financial crisis.

Thailand to apply VAT on imports sent via post

Thailand to apply VAT on imports sent via post

The Customs Department of Thailand is scheduled to commence the collection of value-added tax (VAT) on imported goods sent via postal services, regardless of the goods value, starting in May.
Malaysia asserts pioneering role in halal industry

Malaysia asserts pioneering role in halal industry

Malaysia should harness the collective expertise and resources to drive sustainable growth and development of the halal industry, according to Minister of Investment, Trade and Industry Zafrul Abdul Aziz.
ASEAN Future Forum 2024 enters first session

ASEAN Future Forum 2024 enters first session

The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
ASEAN youth empowered to unleash potential: ASEAN chief

ASEAN youth empowered to unleash potential: ASEAN chief

ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
ASEAN bolsters intellectual property cooperation

ASEAN bolsters intellectual property cooperation

The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.