Industries

Cambodia’s GFT sector gathers steam under EU collaboration

The Textile, Apparel, Footwear & Travel Goods Association in Cambodia (TAFTAC), in partnership with EuroCham and the Responsible Business Hub (RBH), has unveiled the 2024 GFT Sector Brief, Issue No. 3, shedding light on the current state and future potential of Cambodia’s garment, footwear, and ...

Jerome Misa
https://www.khmertimeskh.com/501587930/cambodias-gft-sector-gathers-steam-under-eu-collaboration/

DPM Samal outlines key tasks to boost Kep tourism

Say Samal, Deputy Prime Minister and Minister of Land Management, Urban Planning and Construction (MLMUPC), Monday called on the Kep Provincial Administration (KPA) to focus on achieving the objectives of Pentagonal Strategy – Phase One’s vision aimed at expanding accessibility to clean water, electricity and ...

Nhean Chamrong
https://www.khmertimeskh.com/501578336/dpm-samal-outlines-key-tasks-to-boost-kep-tourism/

Tourism minister lays out plans to attract Chinese visitors

Newly-appointed Minister of Tourism Huot Hak, who until recently served as Minister of Inspections, has called the Kingdom’s citizens and international guests to play their part in promoting Cambodia as a tourist destination, while assuring the public that the tourism ministry is actively working with ...

Niem Chheng
https://www.phnompenhpost.com/business/tourism-minister-lays-out-plans-to-attract-chinese-visitors

How Cambodia can achieve export diversification

Over the past decade, Cambodia has progressed in integrating into the global trade network and diversifying its exports beyond traditional products such as garments and textiles. Amid the changing global trade landscape, the country faces challenges such as trade disruptions and intensified competition. It is now ...

Khmer Times Staff
https://www.khmertimeskh.com/501575865/how-cambodia-can-achieve-export-diversification-2/

SAI offers discounts and incentives to boost airline operations

Siem Reap Angkor International Airport Operators announced discounts on terminals and operational fees for new flights and airlines to encourage the establishment of new routes and expanding business operations at Siem Reap Angkor International Airport (SAI). ...

Khmer Times Staff
https://www.khmertimeskh.com/501575519/sai-offers-discounts-and-incentives-to-boost-airline-operations/

Cambodia’s real estate market remains quiet during first 9 months of ‘24

Despite the government’s recent efforts to expand infrastructure development – such as roads, airports and airstrips – Cambodia’s real estate market in the first nine months of 2024 has not shown any notable positive signs, according to industry experts. ...

Hin Pisei
https://www.phnompenhpost.com/post-property/cambodia-s-real-estate-market-remains-quiet-during-first-9-months-of-24

Bicycle export earns $278M in first eight months

Cambodia exported $278 million worth of bicycles including electric bicycles in the first eight months of this year, a 30 percent decrease year-on-year compared to the same period last year, a report by the General Department of Customs and Excise showed. ...

Chea Vanyuth
https://www.khmertimeskh.com/501570205/bicycle-export-earns-278m-in-first-eight-months/

Electrical machinery, equipment export revenue exceeds $1.4B

Cambodia earned approximately $1.4 billion from the export of electrical machinery, equipment and parts to international markets during the first eight months of 2024, a decrease of one-third compared to the same period in 2023. Some economists attribute the decline to weak global economic growth. ...

Hin Pisei
https://www.phnompenhpost.com/business/electrical-machinery-equipment-export-revenue-exceeds-1-4b

Environment Ministry, World Bank vow to enhance ecotourism project

The Ministry of Environment, in cooperation with the World Bank, vowed to enhance the Cambodia sustainable landscape and ecotourism project (CSLEP) to boost income for local communities. ...

Nop Sreymao
https://www.khmertimeskh.com/501556768/environment-ministry-world-bank-vow-to-enhance-ecotourism-project/

Cambodia’s economy driven by garment exports, tourism is to grow by 5.6% in 2024

Cambodia’s economy is projected to grow by 5.6 % this year, up from 5% compared to last year, boosted by a rise in garment exports and ongoing tourism recovery, said an ASEAN+3 Macroeconomic Research Office (AMRO) press release on Thursday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501554331/cambodias-economy-driven-by-garment-exports-tourism-is-to-grow-by-5-6-in-2024/

Cambodia accelerates BUSINESS 15 reforms in post-Covid era, AMRO says

Cambodia’s economy is projected to grow by 5.6 percent in 2024 and 5.9 percent in 2025. The recovery momentum is driven by a rebound in the garment sector and sustained growth in the non-garment manufacturing sector. ...

Khmer Times Staff
https://www.khmertimeskh.com/501554137/cambodia-accelerates-business-15-reforms-in-post-covid-era-amro-says/

New initiatives for Siem Reap-Angkor Action Plan

Cambodia has added three new initiatives to the Siem Reap-Angkor Action Plan 2025-2029, addressing the issues of gender, environment, and improvised anti-personnel mines. These additions reflect the country’s commitment to upholding the Ottawa Convention. ...

Khmer Times Staff
https://www.khmertimeskh.com/501552520/new-initiatives-for-siem-reap-angkor-action-plan/

Cambodia’s famed Angkor makes $30 mil revenue in first 8 months of 2024

Cambodia’s famed Angkor Archaeological Park made $30.33 million from ticket sales in the first eight months of 2024, up 31.3% from $23.09 million over the same period last year, said an official report on Sunday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501551419/cambodias-famed-angkor-makes-30-mil-revenue-in-first-8-months-of-2024/

Apparel workers demand $14 vs $1 employer offer in wage negotiations

Negotiations surrounding the minimum wage for workers in the textile, apparel, footwear and travel goods sector have started, with employee representatives proposing a $14 increase while employer representatives put forward $1. ...

Thang Sinorn
https://kiripost.com/stories/apparel-workers-demand-14-vs-1-employer-offer-in-wage-negotiations

Workers seek $14 minimum wage increase for 2025, employers offer $1

Cambodian worker representatives have called for a $14 increase in the minimum wage, while employer representatives have proposed a $1 increase on the current rate of $204 for 2025, according to a press release from the Ministry of Labour and Vocational Training following a meeting ...

Niem Chheng
https://www.phnompenhpost.com/national/workers-seek-14-minimum-wage-increase-for-2025-employers-offer-1

Tonle Sap’s first Ecotourism Forum held in Phnom Penh

The Minister of Tourism and Chairman of the National Committee for Management and Development of Community-Based Tourism and Ecotourism, Sok Soken, presided over the Opening Ceremony of the First Annual Tonle Sap Ecotourism Network Forum on Thursday in Phnom Penh. Under the theme “Strengthening Tourism ...

Mom Kunthear
https://www.khmertimeskh.com/501546405/tonle-saps-first-ecotourism-forum-held-in-phnom-penh/

Cambodia launches payment app for int’l tourists

Cambodia launched a payment system on Monday to enable tourists to pay at 3.3 million retail shops across Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501544419/cambodia-launches-payment-app-for-intl-tourists/

Worker wage hike negotiations begin today

A meeting to negotiate the new minimum wage for next year for the garment, travel goods and bag industries will start today with 51 representatives of the National Council on Minimum Wage (NCMW) from the government, along with workers and employers representatives, according to a ...

Sen David
https://www.khmertimeskh.com/501540952/worker-wage-hike-negotiations-begin-today/

Authorities seize, destroy over 28 tonnes of banned frozen meats

Over 28 tonnes of banned and tainted frozen meats were confiscated and destroyed by the General Department of Customs and Excise (GDCE) and related units between July and early August. ...

Phak Seangly
https://www.phnompenhpost.com/national/authorities-seize-destroy-over-28-tonnes-of-banned-frozen-meats

Cambodia records 22% rise in air travel

Cambodia’s aviation sector is experiencing a significant uptick in the first half of 2024 with the country’s three international airports handling a combined 3.03 million air passengers from January to June, up 22 percent from 2.48 million recorded in the same period last year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501539711/cambodia-records-22-rise-in-air-travel/

Kampong Thom, Gyeongsangbuk-do ink MoU to bolster trade, tourism

Kampong Thom province and Gyeongsangbuk-do province of the Republic of Korea Saturday signed a Memorandum of Understanding (MoU) to further strengthen the partnership between the two countries including trade and investment, education, tourism and agriculture. ...

Mom Kunthea
https://www.khmertimeskh.com/501532239/kampong-thom-gyeongsangbuk-do-ink-mou-to-bolster-trade-tourism/

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