Logo of Phnom Penh Post newspaper Phnom Penh Post - Ministry onboards Cambodia Post to e-marketplace

Ministry onboards Cambodia Post to e-marketplace

Content image - Phnom Penh Post
The Ministry of Commerce plans to integrate state-owned Cambodia Post’s transportation system into CambodiaTrade.com, looking to make the distribution and delivery process easier, faster and safer. Hong Menea

Ministry onboards Cambodia Post to e-marketplace

The Ministry of Commerce plans to integrate state-owned Cambodia Post’s transportation system into CambodiaTrade.com, looking to make the distribution and delivery process easier, faster and safer for small- and medium-sized enterprises (SME) and consumers that buy merchandise on the e-marketplace.

A memorandum of understanding cum technical assistance agreement was virtually signed to this effect on September 21 by ministry undersecretary of state Samheng Bora and Cambodia Post director-general Then Samvisoth.

The ministry soft-launched CambodiaTrade in mid-June to open up new pathways for the Kingdom’s SMEs to sell their wares to a broader audience and capture a slice of the growing global digital economy.

And on August 30, it entered into a partnership with Wing Bank (Cambodia) Plc, a subsidiary of local conglomerate Royal Group of Companies Ltd, to facilitate digital payments on the platform.

The ministry’s Bora welcomed Cambodia Post to CambodiaTrade, stressing that the state-owned enterprise’s presence would be of great consequence to the domestic and international distribution and delivery of ordered products.

“This collaboration, in the context of new digitalisation processes through the use of new digital technologies, will enable significant strides towards the advancement of e-commerce, especially during the Covid-19 pandemic, making it a driving force behind national economic development,” he said.

He believes that the pact will foster a strong foundation of cooperation between the two signatories that will lead to a successful link between Cambodia Post’s transportation system and the e-marketplace.

Late last month, Minister of Commerce Pan Sorasak remarked that the ministry opened pre-registration for CambodiaTrade to local SMEs as part of its mid-June soft launch, in the hopes that these businesses would use the integrated tech platform to export domestic wares and widen their markets – in the Kingdom and abroad.

The official launch ceremony for the e-marketplace will be held “soon”, he said.

“The establishment of CambodiaTrade.com is in line with the context of rapid technological evolution in Cambodia.

“Historically, we all depended on the export of Cambodian products to overseas markets through cross-border trade with trading partners. And those exports account for about 55 per cent of Cambodia’s gross domestic product [GDP].

“With the advancement of new technologies, many companies are shifting their business to e-commerce, selling on e-marketplaces and social media.

“E-commerce activity in Cambodia has also grown significantly, especially during the Covid-19 outbreak. Seeing the aforementioned development, the Ministry of Commerce has created the CambodiaTrade.com, tailoring opportunities to the benefit of SMEs,” Sorasak said.


  • Joy as Koh Ker Temple registered by UNESCO

    Cambodia's Koh Ker Temple archaeological site has been officially added to UNESCO’s World Heritage List, during the 45th session of the World Heritage Committee held in Riyadh, Saudi Arabia, on September 17. The ancient temple, also known as Lingapura or Chok Gargyar, is located in

  • Famed US collector family return artefacts to Cambodia

    In the latest repatriation of ancient artefacts from the US, a total of 33 pieces of Khmer cultural heritage will soon return home, according to the Ministry of Culture and Fine Arts. In a September 12 press statement, it said the US Attorney’s Office for the

  • Tina rebuffs ‘false claims’ over falling paddy price

    Agriculture minister Dith Tina has shed light on the trade of paddy rice in Battambang – Cambodia’s leading rice-producing province – in a bid to curb what he dubs a “social media fact distortion campaign” to destabilise the market. While acknowledging that the prices of paddy

  • Cambodia set to celebrate Koh Ker UNESCO listing

    To celebrate the inscription of the Koh Ker archaeological site on UNESCO’s World Heritage List, the Ministry of Cults and Religion has appealed to pagodas and places of worship to celebrate the achievement by ringing bells, shaking rattles and banging gongs on September 20. Venerable

  • Kampot curfew imposed to curb ‘gang’ violence

    Kampot provincial police have announced measures to contain a recent spike in antisocial behaviour by “unruly’ youth. Officials say the province has been plagued by recent violence among so-called “gang members”, who often fight with weapons such as knives and machetes. Several social observers have

  • PM outlines plans to discuss trade, policy during US visit

    Prime Minister Hun Manet is set to meet with senior US officials and business leaders during his upcoming visit to the US for the UN General Assembly (UNGA), scheduled for September 20. While addressing nearly 20,000 workers in Kampong Speu province, Manet said he aims to affirm