SL factory strikes to slow Cambodian garment industry
A sharp increase in garment factory strikes this year has raised eyebrows among industry insiders, who say the disputes could lead to a decrease in year-on-year export growth. The Arbitration Council, which hears work-related disputes such as factory strikes, saw claims nearly double during the first ...
http://www.phnompenhpost.com/index.php/2012060756642/Business/strikes-hit-garment-boom.html
Travel and factory downturn a silver lining for the Kingdom’s environment
A sharp reduction in travel and production output, because of COVID-19 along with several government measures has seen Phnom Penh record a “good” level of the pollutant PM2.5 in its atmosphere, according to independent data sourced by IQ Air. ...
Harrison White
https://www.khmertimeskh.com/50715987/travel-and-factory-downturn-a-silver-lining-for-the-kingdoms-environment/
Real estate boosted last year but likely to suffer this year
The inflow of foreign direct investment (FDI) into the real estate sector in Cambodia was estimated at more than $437.3 million in 2019, according to data from the just-issued National Bank of Cambodia’s (NBC) Annual Banking Supervision Report 2019. ...
Sok Chan
https://www.khmertimeskh.com/50718100/real-estate-boosted-last-year-but-likely-to-suffer-this-year/
Vietnam logging numbers being ‘verified’: official
Vietnamese customs data showing that Cambodia exported at least $121 million of woodthis year are currently being investigated by government officials, according to Environment Ministry Undersecretary of State Eang Sophalleth. ...
Jack Davies and Mech Dara
http://www.phnompenhpost.com/national/vietnam-logging-numbers-being-verified-official
Kingdom’s livestock production grew during the pandemic
MAFF’s data shows that as of Dec 2, 2020, livestock production increased from 42.02 million heads to 49.42 million heads, up 17.6 percent compared to the same period in 2019. Livestock production included fowl, (chicken and ducks), cattle (cows and buffalo), and poultry. ...
Sok Chan
https://www.khmertimeskh.com/50789582/kingdoms-livestock-production-grew-during-the-pandemic/
Business owners embrace new online registration system
The number of companies registered via the government’s new online business registration system was confirmed as 287 as of July 29, while 323 companies are pending approval, according to data from the Ministry of Economy and Finance (MEF). ...
Sok Chan
https://www.khmertimeskh.com/50751123/business-owners-embrace-new-online-registration-system/
Korea trade surges 6.2% in Jan-May
Bilateral trade between Cambodia and South Korea in the first five months of 2021 was worth $377.05 million, up by 6.17 per cent year-on-year from $355.11 million, according to data from the Korea International Trade Association (Kita). ...
Hin Pisei
https://phnompenhpost.com/business/korea-trade-surges-62-jan-may
Cambodia-US trade rises 32%
Bilateral trade between Cambodia and the US in the first 11 months of 2021 topped $8.396 billion, surging by more than 32.1 per cent from over $6.355 billion in the same period last year, according to US Census Bureau (USCB) data on January 10. ...
Hom Phanet
https://www.phnompenhpost.com/business/cambodia-us-trade-rises-32
Textile-related exports surge nearly a quarter to $3B in Q1
Cambodia exported more than $3 billion worth of garments, footwear, travel goods and other textile-related products in the first quarter of 2022, an increase of nearly a quarter compared to the same period last year, according to data from the General Department of Customs and ...
Hom Phanet
https://www.phnompenhpost.com/business/textile-related-exports-surge-nearly-quarter-3b-q1
Cambodia’s export to RCEP member countries increases by 11 percent in first quarter
Cambodia’s exports to the member countries of the Regional Comprehensive Economic Partnership (RCEP) totaled $1.956 billion in the first three months of this year, up 11 percent over the same period last year, according to data from the Ministry of Commerce. ...
Khmer Times Staff
https://www.khmertimeskh.com/501069684/cambodias-export-to-rcep-member-countries-increases-by-11-percent-in-first-quarter/
14,000ha slated for families around Tonle Sap
Nearly 14,000ha of farmland in Zone 2 and Zone 3 of the Tonle Sap Lake have so far been allocated by the government to some 7,000 households in the provinces surrounding the lake, according to preliminary data seen by The Post on June 7. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/14000ha-slated-families-around-tonle-sap
Rubber article exports go up by 43%
Cambodia earned $385 million from the exports of rubber and rubber articles in the first seven months of the year, recording an increase of 43 percent compared to the same period last year, showed the latest trade data of the General Department of Customs and ...
Manoj Mathew
https://www.khmertimeskh.com/501346157/rubber-article-exports-go-up-by-43/
Phnom Penh port sees 30% jump in Jan-Sept container throughput
Public listed Phnom Penh Autonomous Port (PPAP) recorded a 30 percent year-on-year jump in container throughput at 329,043 TEUs (twenty-foot equivalent unit) in the first nine months ended Sept 30, 2022 compared to 256,407 TEUs. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/phnom-penh-port-sees-30-jump-in-jan-sept-container-throughput
ACLEDA scoops award for aiding Cambodian SMEs
ACLEDA Bank, one of Cambodia’s largest banks, today revealed it has been crowned the “Best Bank Partner for SMEs in EAP Award” by Washington DC-based International Finance Corporation (IFC), which is a member of the World Bank Group. ...
Kiripost staff writers
https://kiripost.com/stories/acleda-scoops-award-for-aiding-cambodian-smes
Guidelines issued to stabilize construction and retail sector
Due to the slower global economic recovery and conflicts between Russia and Ukraine, the government has issued guidelines aimed at maintaining the stability of the construction and real estate sector, considered a priority sector to support overall economic growth in Cambodia. ...
Mao Sreypich
https://kiripost.com/stories/cambodia-guidelines-issued-to-stabilize-construction-and-retail-sector
Exports fall 5.7% to $5.4 billion
Cambodia’s exports declined by 5.7 percent in the first quarter of 2023, with the value of goods exported standing at $5.4 billion compared with $5.8 billion in 2022, according to data released by the General Department of Customs and Excise. . ...
Seng Mengheng
https://kiripost.com/stories/cambodia-exports-fall-57-to-54-billion
Strategy aims to strengthen garment sector
The Cambodian government has adopted a new strategy for the garment, footwear and travel goods (GFT) sector that focuses on strengthening human resources, improving working conditions, promoting investment in high-value industries, and attracting investment in supportive industries. ...
Seng Mengheng
https://kiripost.com/stories/cambodia-strategy-aims-to-strengthen-garment-sector
460 families adjacent to new airport ask authorities for land title over fear of forced evictions
About 460 families living in Ndok commune, Kandal Stung district and Kampong Samnang commune, Takhmao city, which is adjacent to the airport under construction, requested Kandal provincial governor gives them land title as they fear forced evictions after airport staff and local authorities went to ...
meng-kroypunlok
https://www.vodkhmer.news/2022/12/27/460-families-adjacent-to-new-airport-ask-authorities-for-land-title/
Cambodia’s export to RCEP countries up 5 percent at $5.6B
Cambodia exported $5,671 million worth of goods to the members of the Regional Comprehensive Economic Partnership (RCEP) countries in eleven months of last year, an increase of 5 percent compared to the same period last year, data from the Ministry of Commerce showed yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501213231/cambodias-export-to-rcep-countries-up-5-percent-at-5-6b/
Breastfeeding promoted in Kampong Thom
STEUNG SEN, KAMPONG THOM PROVINCE -The Ministry of Health (MoH) and partner organizations are encouraging breastfeeding by providing lactation room for women working at the Women Affairs department in Kampong Thom province to ensure young children receive sufficient breast milk. ...
Chhorn Raksmey
https://kiripost.com/stories/cambodia-breastfeeding-promoted-in-kampong-thom