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Cambodia: Garment and textile exports grow in Q1

Despite lapses in factory safety and ongoing labour unrest, Cambodian exports of garments and textiles grew 9% in the first three months of the year. According to data from the Garment Manufacturers Association in Cambodia (GMAC), Cambodia exported US$1.17bn worth of garments and textiles between January ...

Katie Smith
http://www.just-style.com/news/garment-and-textile-exports-grow-in-q1_id122051.aspx

Press statement of the Garment Manufacturers Association in Cambodia

Garment Manufacturers Association in Cambodia (GMAC) expressed its dissatisfaction on the decision of fixing minimum wage in a new level of 123 USD, which later on the government decided unilaterally add 5 USD more, making the new applied minimum wage up to 128 USD in ...

Garment Manufacturers Association in Cambodia (GMAC)

Download: pdf

Thailand toughens human trafficking penalties

Thailand’s National Assembly has passed amendments to anti-trafficking laws with harsh penalties. The legislation comes as American media reports put spotlight on slave-like conditions on Thai fishing vessels triggering calls for Thailand to crack down on labor exploitation, especially in the seafood industry. ...

Ron Corben
http://bit.ly/1ILVavn

Corruption reporting kudos for Post journos

A tale of alleged bribery in Kampot earned Post journalist Phak Seangly first place yesterday as Transparency International Cambodia awarded its first-ever prizes for Outstanding Reporting on Corruption in Cambodia. ...

Vong Sokheng
http://www.phnompenhpost.com/national/corruption-reporting-kudos-post-journos

Dozens of protesters demand release of activists in Koh Kong

Dozens of people protested outside of the provincial prison in Koh Kong on Wednesday demanding the release of three activists from environmental NGO Mother Nature who were charged on Monday with threatening destruction, a rights worker and police said. ...

Aun Pheap
https://www.cambodiadaily.com/news/dozens-of-protesters-demand-release-of-activists-in-koh-kong-92113/

Seven Chinese experts on COVID-19 to arrive in Kingdom

Seven Chinese medical experts will arrive in Cambodia this morning to help the Kingdom in its fight against the coronavirus.​ The Chinese Embassy to Cambodia yesterday confirmed their scheduled arrival.   ...

Sun Mesa
https://www.khmertimeskh.com/50704524/seven-chinese-experts-on-covid-19-to-arrive-in-kingdom/

Four more suspects arrested over violent Koh Rong robbery

Four Cambodian men have now been arrested over a violent robbery at a guesthouse on Koh Rong island off the coast of Sihanoukville last week that left a Canadian expatriate with serious head injuries, police said Monday. ...

Khy Sovuthy and Matt Blomberg
https://www.cambodiadaily.com/news/four-more-suspects-arrested-over-violent-koh-rong-robbery-80566/

More than $2billion in loans restructured from March

The banking sector saw loan restructuring of $2.16 billion covering 44,500 accounts as of June this year, according to a report from the Association Banks of Cambodia (ABC). ...

Sok Chan
https://www.khmertimeskh.com/50754440/more-than-2billion-in-loans-restructured-from-march/

Rent reductions increasingly possible for smaller firms

Small and medium-sized enterprises (SMEs) have taken a slight upper hand in the negotiation of commercial rental prices across the Kingdom as COVID-19 is still hindering the property sector. ...

Jason Boken
https://www.khmertimeskh.com/50803836/rent-reductions-increasingly-possible-for-smaller-firms/

Telecoms association launched

The Association of Telecommunication Operators in Cambodia (ATOC) was officially launched on March 25 in a move to build a united voice in dealing with relevant stakeholders and the Royal Government of Cambodia for the development of the telecommunications industry. ...

May Kunmakara
https://www.phnompenhpost.com/business/telecoms-association-launched

Additional statement: An updated version of banking and financial institutions intervention measures for clients affected by COVID-19

On 12 April 2021, the Association of Banks in Cambodia (ABC) and Cambodia Microfinance Association (CMA) issued an additional statement on the updated version of banking and financial institutions intervention measures to further support and favor clients who are affected by COVID-19. ...

Association of Banks in Cambodia (ABC) and Cambodia Microfinance Association (CMA)

Download: pdf

ABC: No shortage in capital for lending

CAMBODIA’s financial sector will not face a shortage of cash to lend to local enterprises and accelerate business anytime soon, according to Association of Banks in Cambodia (ABC) president In Channy. ...

May Kunmakara
https://www.phnompenhpost.com/business/abc-no-shortage-capital-lending

Garment lobby calls for understanding as lockdown halts production

Garment Manufacturers Association in Cambodia (GMAC) on April 19 urged buyers and stakeholders not to penalise its members for failing to honour pre-agreed delivery commitments during the ongoing lockdown measures imposed by the government. ...

May Kunmakara
https://www.phnompenhpost.com/business/garment-lobby-calls-understanding-lockdown-halts-production

ABC, CMA set out six debt relief measures

The Association of Banks in Cambodia (ABC) and Cambodia Microfinance Association (CMA) on April 7 ordered members to adopt six measures of financial relief in light of the economic fallout and depressed incomes caused by the February 20 community transmission of Covid-19. ...

May Kunmakara
https://www.phnompenhpost.com/business/abc-cma-set-out-six-debt-relief-measures

GMAC: Appeal to owners/directors of GMAC factory members

On 22 April 2021, the Garment Manufacturers Association in Cambodia (GMAC) issued an appeal to all owners/directors of GMAC factory members in the lockdown regions to kindly consider a certain amount of cash allowances to employees aim to facilitate the daily livelihood of vulnerable workers. ...

Garment Manufacturers Association in Cambodia (GMAC)

Download: pdf

Bank, MFIs operations go on despite lockdown

The Association of Banks in Cambodia (ABC) and the Cambodian Microfinance Association (CMA) on April 23 informed the public that business operations in the industry are continuing as normal nationwide although some areas in the provinces and capital have been placed in lockdown to curb ...

May Kunmakara
https://www.phnompenhpost.com/business/bank-mfis-operations-go-despite-lockdown

Announcement: Normal operation of banking and microfinance services in the Kingdom of Cambodia

On 23 April 2021, the Association of Banks in Cambodia released an announcement on the normal operation of banking and microfinance services in the Kingdom of Cambodia. Some microfinances and banking agents in the lockdown areas are also in the operation of providing financial services ...

Association of Banks in Cambodia

Download: pdf

Officials deplore US embassy’s visa denial

Officials from the Ministry of Foreign Affairs and International Cooperation have expressed frustration with the continued rejections of their visa applications by the US embassy’s consular office stemming from a decision by the US Department of Homeland Security in 2017 as a quid pro quo ...

Mom Kunthear
https://www.phnompenhpost.com/national/officials-deplore-us-embassys-visa-denial

GMAC supplying factories with hands-on fire fighting training

The Garment Manufacturing Association in Cambodia (GMAC) provided training on fire fighting to staff from its member factories and enterprises. ...

Lay Samean
https://www.phnompenhpost.com/national/gmac-supplying-factories-hands-fire-fighting-training

Education minister promotes digital transformation

Minister of Education, Youth and Sport Hang Chuon Naron addressed an international conference on digital transformation in Cambodia. The conference aimed to raise awareness and seek input and contributions into the digital transformation of Cambodia, widely seen as necessary to ensure the Kingdom will remain competitive, ...

Ry Sochan
https://www.phnompenhpost.com/national/education-minister-promotes-digital-transformation

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