Industries
Manufacturing
Hoa Phat receives many orders to export steel in January, including Cambodia
In the early days of this year, Hoa Phat Group secured many orders to export its steel products to the US, Canada, Mexico, Puerto Rico, Australia, Malaysia, Hong Kong (China), and Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501234931/hoa-phat-receives-many-orders-to-export-steel-in-january-including-cambodia/
Ten new factory approvals means ‘over 20K’ more jobs
The Council for the Development of Cambodia (CDC) notices issued in January reveal that it has greenlit 10 new projects worth nearly $100 million, all in the manufacturing industry: eight involved in textiles and two in light bulbs. ...
Hin Pisei
https://www.phnompenhpost.com/business/ten-new-factory-approvals-means-over-20k-more-jobs
Salt, fish sauce, crayfish set for GI tag
Three local products are in the final stages of domestic geographical indication (GI) registration, with another not far behind, the Ministry of Commerce reported, raising hopes that the protected status would allow producers to expand their footprint globally, and promote a surge in the value ...
Hin Pisei
https://www.phnompenhpost.com/business/salt-fish-sauce-crayfish-set-gi-tag
Thousands of garment workers’ jobs at risk
More than 100 factories have suspended work due to declining orders, putting thousands of jobs at risk, a union leader said. ...
Chhorn Raksmey
https://kiripost.com/stories/cambodia-thousands-of-garment-workers-jobs-at-risk
Collections of Khmer silk weaving to be on display at MGC Asian Traditional Textiles Museum
The MGC Museum of Asian Traditional Textiles is set to exhibit eleven Cambodian silk products, including four silk towels, five silk sampots, and two silk ceilings donated by the Khmer Traditional Textile Institute, in mid-February 2023, the APSARA National Authority. ...
Khmer Times Staff
https://www.khmertimeskh.com/501224898/collections-of-khmer-silk-weaving-to-be-on-display-at-mgc-asian-traditional-textiles-museum/
Ministry plans issuance of mining licence for cement
The Ministry of Mines and Energy plans to issue an exploration licence to a locally registered firm, which intends to assess the suitability of northern Kampot province as a source for the minerals used in cement production. ...
Van Socheata
https://www.phnompenhpost.com/national/ministry-plans-issuance-mining-licence-cement
Forest commodities exports down in 2022
Cambodia netted $531.864 million from the export of rubber latex and wood in 2022, down 12.85 per cent over 2021, according to the Ministry of Agriculture, Forestry and Fishery’s General Directorate of Rubber (GDR). ...
Hin Pisei
https://www.phnompenhpost.com/business/forest-commodities-exports-down-2022
Tax break for textile-linked industries to stay till 2025
The government has extended a suspension of “advance income tax” until the end of 2025 for eligible textile-related enterprises, a good deal of which have been hurt by a drop in orders as a result of global economic headwinds linked to the ongoing Ukraine crisis. ...
May Kunmakara
https://www.phnompenhpost.com/business/tax-break-textile-linked-industries-stay-till-2025
Garment exports likely to decline in first half of 2023
Orders for garments and footwear have not picked up in Cambodia last year, and it will continue to decline, according to a senior official of the Textile, Apparel, Footwear & Travel Goods Association in Cambodia (TAFTAC). ...
Sok Sithika
https://www.khmertimeskh.com/501215004/garment-exports-likely-to-decline-in-first-half-of-2023/
Big $0.3B tyre plant finished ‘by May’
Construction work on a massive tyre factory in Sihanoukville Special Economic Zone (SSEZ) is expected to be completed by May, according to Preah Sihanouk Provincial Administration spokesman Kheang Phearom on January 3. ...
May Kunmakara
https://www.phnompenhpost.com/business/big-03b-tyre-plant-finished-may
International brand plans local jewellery factory
A “well-known” but unnamed international brand has chosen Cambodia as the location to set up a new export-oriented jewellery factory, revealing plans to start investment operations in early 2024, the Council for the Development of Cambodia (CDC) reported. ...
Hin Pisei
https://www.phnompenhpost.com/business/international-brand-plans-local-jewellery-factory
Ten new projects to create more than 8,000 jobs: CDC
The Council for the Development of Cambodia (CDC) notices issued month-to-date reveal that it has greenlit 10 new projects worth nearly $50 million, mostly involved in garments, footwear and packaging. ...
May Kunmakara
https://www.phnompenhpost.com/business/ten-new-projects-create-more-8000-jobs-cdc
Cambodia’s apparel exports up 16.56 pct to $8.366 bn in Jan-Nov 2022
Cambodia’s apparel exports increased by 16.56 per cent year-on-year to $8.366 billion during January-November 2022. This constituted 40.89 per cent of Cambodia’s total foreign income of $20.457 billion during the period under review, according to data from the general department of customs and excise under ...
Khmer Times Staff
https://www.khmertimeskh.com/501203010/cambodias-apparel-exports-up-16-56-pct-to-8-366-bn-in-jan-nov-2022/
Cambodia’s GFT sector suffered setbacks
TAFTAC says the garment, footwear and travel goods sector needs assistance and an advisory group is urgently needed to help it rebound ...
Kiripost staff writers
https://kiripost.com/stories/cambodias-gft-sector-suffered-setbacks
Cambodia’s of apparel to Thailand may rebound after steep fall
Thailand’s apparel imports from Cambodia are likely to rebound during the current year, although they may still not touch pre-COVID levels. ...
Khmer Times Staff
https://www.khmertimeskh.com/501200033/cambodias-of-apparel-to-thailand-may-rebound-after-steep-fall/
A new garment factory project approved by CDC
The Council for the Development of Cambodia (CDC) has granted green light to a new investment project proposed by Textstar Garment (Cambodia) Co., Ltd. ...
Khmer Times Staff
https://www.khmertimeskh.com/501198038/a-new-garment-factory-project-approved-by-cdc/
MGC Museum’s staff trained in silk weaving at IKTT Centre in Angkor
A key partnership was established between UNESCO and the APSARA National Authority in August 2022 for the implementation of the project “Promoting sustainable tourism and private sector engagement for inclusive community development in response to the COVID-19 crisis”, with the financial support of the German ...
Khmer Times Staff
https://www.khmertimeskh.com/501195314/mgc-museums-staff-trained-in-silk-weaving-at-iktt-centre-in-angkor/
Kingdom’s garment export surges to $7.747 billion
Cambodia registered an 18.51 percent year-on-year increase in apparel export to $7.747 billion in the first ten months of this year. ...
Adur Pradeep
https://www.khmertimeskh.com/501192059/kingdoms-garment-export-surges-to-7-747-billion/
Cambodia’s textile body GMAC is now officially renamed TAFTAC
Cambodia’s industry trade body Garment Manufacturers Association in Cambodia (GMAC) will now be known as the Textile, Apparel, Footwear, and Travel Goods Association in Cambodia (TAFTAC) after it was officially renamed in a recently held ceremony attended by Cambodia’s army commander Lieutenant General Hun Manet. ...
Khmer Times Staff
https://www.khmertimeskh.com/501190624/cambodias-textile-body-gmac-is-now-officially-renamed-taftac/
Nearly $400 million earned by Cambodia in 10 months through rubber, rubber wood exports
In the first 10 months of 2022, from January to October, Cambodia earned more than $396 million from the export of rubber and rubber wood said the report of the General Department of Rubber. ...
Khmer Times Staff
https://www.khmertimeskh.com/501187462/nearly-400-million-earned-by-cambodia-in-10-months-through-rubber-rubber-wood-exports/
Official: No bans on rosewood furniture, use must be reduced
A senior agriculture official has clarified that calls to reduce the use of rosewood in furniture will not mean a total ban but rather the adoption of techniques which will contribute to the conservation of the Kingdom’s forests, as the population continues to grow. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/official-no-bans-rosewood-furniture-use-must-be-reduced
Cambodia seeks more Korean funds in textiles
As part of the process to strengthen and widen the base of the economy as the country has entered the fourth quarter of 2022, the Government of Cambodia is seeking to tick all the right boxes, and it includes tourism, textiles exports as well as ...
Khmer Times Staff
https://www.khmertimeskh.com/501171566/cambodia-seeks-more-korean-funds-in-textiles/
Cambodia garment exports rise 24% to $10.25 billion
Cambodia earned $10.25 billion from exports of garment products – clothes, footwear, and travel goods – during the January-September period of this year, a year-on-year increase of 24 percent, according to a report from the General Department of Customs and Excise yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501168112/cambodia-garment-exports-rise-24-to-10-25-billion/
Registered factories increase to almost 16,000 as of July
The number of registered factories and enterprises has seen an increase by 16.8 percent to 15,859 as of July this year, employing 1.54 million workers. ...
Khmer Times Staff
https://www.khmertimeskh.com/501167869/registered-factories-increase-to-almost-16000-as-of-july/