Manufacturing

Cambodia exported $9.9 billion worth of garment, footwear and travel products to international markets in the first 11 months of 2023, down 15 percent from nearly 11.7 billion dollars in the same period last year, said a Ministry of Commerce’s report released on Tuesday. ... ...

Cambodia’s export sector has demonstrated resilience, with a slight increase of 1.2 percent in exports during the first 11 months of 2023. According to a report released by the General Department of Customs and Excise, the country exported goods worth $20.5 billion, compared to $20.24 ...

Non-garment manufacturing has played an important role in the economy because its share in the country’s total exports has increased remarkably, showing industry diversification. ... ...

In line with government initiatives, cash handouts are being extended to displaced workers engaged in the garment sector at 39 factories specialising in textile, footwear, travel products and bags that have temporarily suspended their operations. ... ...

Cambodia exported 242,304 tons of dry rubber in the first nine months of 2023, up 3.5 percent from 234,100 tons over the same period last year, said a report from the General Directorate of Rubber on Thursday. ... ...

Cambodia exported $8.14 billion worth of garment, footwear, and travel products to international markets in the first nine months of 2023, down 17.8 percent from last year, according to the Ministry of Commerce on Wednesday. ... ...

Exports of electrical machinery, equipment and related products surpassed $2.1 billion in the first eight months of 2023, marking a near 100 per cent growth from the same period last year, according to the General Department of Customs and Excise (GDCE). ... ...

Associations in the footwear and travel goods sector welcomed the hike in the minimum wage for workers in 2024, saying that this will ensure the sector’s competitiveness and enhance the workers’ living standards. ... ...

Following the labour ministry’s announcement of a 2024 minimum wage set at $204 per month, the employers’ association has voiced their support, while trade union representatives and civil society organisations (CSOs) expressed their disappointment. ... ...

The minimum wage for garment workers has been raised by $4 a month to $204 in 2024, according to the Prime Minister. ... ...

The global economic crisis has reduced Cambodia’s latex export earnings to $273.4 million in the first eight months of 2023, according to the Ministry of Agriculture, Forestry and Fisheries’ General Department of Rubber (GDR). ... ...

Cambodia and Australia inaugurated a new Food Innovation Partnership on September 22, aimed at assisting agri-food small and medium-sized enterprises (SMEs) in developing products that meet food safety standards and broadening their market reach. ... ...

Cambodia and Australia launched a new Food Innovation Partnership to support Cambodia’s agri-food small and medium-sized enterprises (SMEs) to develop new products, meet food safety standards, and improve their market reach. ... ...

Cambodia is seeing a notable recovery in its economy with a strong bounce back in the service sectors. However, the manufacturing sector, primarily the garment industry, finds itself grappling with external pressures. ... ...

Six new investment projects with a total capital of $34.6 million have been approved by the Council for the Development of Cambodia (CDC). ... ...

Hun Sen, President of the Supreme Privy Council of His Majesty the King, has encouraged the Japanese investors to invest in Cambodia’s two key areas, including the establishment of factories for raw material processing, and advanced technology such as car assembly plants, production of electronic ...

Extreme heat and flooding could erase $65 billion in apparel export earnings from four Asian countries by 2030, as workers struggle under high temperatures and factories close, research from Schroders and Cornell University showed on Wednesday. ... ...

Toyota assembly plant at Phnom Penh Special Economic Zone will be inaugurated in 2024. ... ...

Kim Kheang, a 25-year-old trader in Cambodia, has decided to shift to use a Chinese electric vehicle (EV) in a move to save fuel costs and help keep the air clean. ... ...

Cambodia’s exports of garments, footwear and travel goods (GFT) continue to decline with the January to August period showing a setback of 19.28 percent, compared to the performance of the sector during the same period last year. ... ...

The National Council on Minimum Wage (NCMW) has set September 11 as the date for its next gathering to discuss setting the 2024 minimum income for workers in the textile, garment, footwear, travel goods and bag sectors. ... ...

Cambodia recently confirmed continuing minimum wage hikes for workers in the garment, footwear, and travel goods sector. ... ...

Cambodia earned revenue of $228.5 million in rubber exports in the first seven months of this year, according to a report from the General Directorate of Rubber. ... ...

The government has confirmed continuing minimum wage hikes for workers in the garment, footwear, and travel goods (GFT) sector, adhering to the sustainability of the sector and competitiveness in the market. ... ...