Industries

Cambodia-U.S trade volume up by 33 percent to US$585 million in January

Bilateral trade between Cambodia and the U.S. were valued at US$585 million in January 2020, up 33 percent compared to the same period last year. ...

Khmer Times Staff
https://www.khmertimeskh.com/50708596/cambodia-u-s-trade-volume-up-by-33-percent-to-us585-million-in-january/

Pandemic brings real estate activity to near nil

The value of Cambodian real estate has not shown signs of decline in recent weeks, despite the Covid-19 pandemic bringing market activity to a virtual standstill, industry insiders said on Wednesday. ...

Hin Pisei
https://www.phnompenhpost.com/post-property/pandemic-brings-real-estate-activity-near-nil

Tourism potential in Kampong Thom

A team of officials at the Kampong Thom provincial Forestry Administration have begun studying the ecotourism potential at the Prey Kbal Bei Community Forest in Ti Pou commune’s Kbal Bei village in Santuk district. ...

Voun Dara
https://www.phnompenhpost.com/national/tourism-potential-kampong-thom

Tourism hit in coronavirus fight

According to the Tourism Ministry, tourism declined 52 percent earlier this year.The government in February responded by offering promotional Angkor Archaeological Park fare tickets. ...

Marie Lamy and Va Sonyka
https://www.khmertimeskh.com/50707708/tourism-hit-in-coronavirus-fight/

Government permits tax exemptions on specific goods

The government has issued income tax exemptions for the textile and garment, footwear and luggage sectors that produced export goods hit by the European Union’s 20 percent Everything but Arms (EBA) tariff-free status withdrawal in February. ...

Sok Chan
https://www.khmertimeskh.com/50706195/government-permits-tax-exemptions-on-specific-goods/

Covid-19 brings chaos to textile industry

The Garment Manufacturers Association in Cambodia (GMAC) on Tuesday urged factories not to suspend shipments of goods that have already been produced as well as those in production.​ ...

May Kunmakara
https://www.phnompenhpost.com/business/covid-19-brings-chaos-textile-industry

GMAC: European and American markets have announced a suspension on garment exports from Cambodia

Some foreign garment buyers have notified garment factories in Cambodia for a suspension on the shipment of garment exports from Cambodia to European and US markets due to the effects of the COVID-19 outbreak. The statement comes after the recent arrival of raw materials from ...

Royal Palace to temporarily hold off visitors

The Royal Palace Ministry yesterday announced the temporary closure of one of the Kingdom’s most iconic buildings amid fears of new Coronavirus infections. ...

Som Kanika
https://www.khmertimeskh.com/50703245/royal-palace-to-temporarily-hold-off-visitors/

Three investment projects to create 2,000 jobs

The Council for the Development of Cambodia has approved three investment projects with a total capital of US$7 million. ...

Khmer Times Staff
https://www.khmertimeskh.com/50702925/three-investment-projects-to-create-2000-jobs/

1,000 containers with raw material offer relief to Kingdom’s factories

Prime Minister Hun Sen on Saturday announced the arrival of 12 ships containing more than 1,000 containers of raw materials from China at Sihanoukville Autonomous Port to supply struggling garment factories in the Kingdom. ...

Sen David
https://www.khmertimeskh.com/50702057/1000-containers-with-raw-material-offer-relief-to-kingdoms-factories/

COVID-19 impacts garment workers in Cambodia

The global outbreak of the Coronavirus is slowing down the economy and threatens to eliminate thousands of jobs in the global supply chain in South East Asia, particularly in Cambodia as one of the most affected countries in the region. ...

Khmer Times Staff
https://www.khmertimeskh.com/50701601/covid-19-impacts-garment-workers-in-cambodia/

Loan repayment suspension of garment workers get the nod

Garment workers whose jobs suspended due to raw material shortages are now allowed to delay their loan repayments to the commercial banks and microfinance institutions (MFIs). ...

Khmer Times Staff
https://www.khmertimeskh.com/50700950/loan-repayment-suspension-of-garment-workers-get-the-nod

Cambodia named world’s best destination for tourists

The Kingdom has won the Pacific Area Travel Writers Association’s International Travel Award for Best Destination despite the global coronavirus outbreak that has dampen the global tourism industry. ...

Sok Chan
https://www.khmertimeskh.com/50701107/cambodia-named-worlds-best-destination-for-tourists

Ban on trucks lifted amid materials shortage

City Hall is temporarily allowing trucks to transport goods during daytime in the capital to facilitate the much-needed flow of raw materials from Sihanoukville to garment factories in Phnom Penh, according to GMAC. ...

Sen David
https://www.khmertimeskh.com/50700791/ban-on-trucks-lifted-amid-materials-shortage

PAS recieves 200 container lifeline

Garment factories in the Kingdom have been handed a lifeline as nearly 200 containers arrived at Sihanoukville Autonomous Port (PAS) on Monday to ease the shortage of raw materials in the sector. ...

Thou Vireak
https://www.phnompenhpost.com/business/pas-recieves-200-container-lifeline

CDC: Investment in Kingdom stable

The Council for the Development of Cambodia (CDC) approved four projects, worth a combined $17.4 million, during the first 10 days of February. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-investment-kingdom-stable

Visitors vanish from Asia’s most visited site, Angkor Wat

As dawn breaks, the unmistakable tapered towers of Angkor Wat emerge from the gloom – but for once there are no tourists jostling on its steps to capture Cambodia’s most famous sunrise.   ...

Khmer Times Staff
https://www.khmertimeskh.com/50700155/visitors-vanish-from-asias-most-visited-site-angkor-wat

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