Tuesday, April 21

Malaysian company QL Resources Berhad has expressed interest in purchasing Cambodian dried corn for export to the Malaysian market, as well as plans to invest in modern integrated poultry farming that utilises advanced technology. in line with international standards.

Chia Seong Pow, a representative of QL Resources Berhad, met with Samheng Bora, secretary of state at the Ministry of Commerce, at the Ministry last week. The two sides discussed possible cooperation in promoting the agro-industry sector and expanding export markets for Cambodian products within the region.

The meeting was also attended by Tan Khee Meng, president of the Malaysian Business Chamber in Cambodia (MBCC).

Seong Pow explained that his company is interested in establishing a trading company in Cambodia to procure and export dried corn to the Malaysian market.

“In addition, the company intends to invest in Modern Integrated Poultry Farming, utilising high-tech industrial standards to strengthen production capacity,” he noted.

Bora affirmed that the commerce ministry is prepared to support the establishment of the trading company. On behalf of the ministry, he encouraged the company to explore the potential of importing other Cambodian products, particularly cashew nuts, to Malaysia.

According to the General Department of Customs and Excise (GDCE), trade between Cambodia and Malaysia reached $1.08 billion in 2025, an increase of 24.7% over 2024. Imports amounted to $935.33 million, up 30.3%, while exports totalled $143.76 million, a decrease of 2.6%. Malaysia is Cambodia’s 11th largest trading partner.

In 2025, Kith Meng, president of the Cambodia Chamber of Commerce, stated that economic relations between Cambodia and Malaysia have long been strong, with bilateral trade growing annually. Malaysia has been a key investor in Cambodia since the 1990s, focusing on four main sectors: telecommunications, banking, construction and manufacturing.

To further strengthen bilateral cooperation, in 2024 the governors of the National Bank of Cambodia (NBC) and Bank Negara Malaysia signed a memorandum of understanding (MoU) on cooperation to promote financial innovation and payment systems. This aims to enhance closer collaboration and improve cross-border payments in terms of efficiency and security. The MoU also paves the way for Cambodia and Malaysia to implement QR code payment systems.

“This will provide convenience for Malaysian citizens to make payments in Cambodia by scanning QR codes, and for Cambodian citizens to do the same in Malaysia. Transactions will be conducted using local currencies, supporting more efficient and secure cross-border payment mechanisms. The MoU will also facilitate trade and tourism activities between the two countries,” explained the NBC at the time.

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