Industries

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

12 more Chinese ships carrying garment raw materials to arrive in Cambodia this week

The Garment Manufacturers Association in Cambodia (GMAC) said on Wednesday that 12 more Chinese ships transporting raw materials for garment industry will arrive in Cambodia this week. ...

Khmer Times Staff
https://www.khmertimeskh.com/50700937/12-more-chinese-ships-carrying-garment-raw-materials-to-arrive-in-cambodia-this-week

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

Gov’t cuts taxes on rubber exports to aid ailing sector

The government has reduced taxes on rubber exports to minimise the impact of a fall in the international price of the commodity. ...

May Kunmakara
https://www.phnompenhpost.com/business/govt-cuts-taxes-rubber-exports-aid-ailing-sector

Labour Ministry urges implementation of suspension of employment contracts

The Ministry of Labour and Vocational Training on Friday issued a call for the implementation of the suspension of employment contracts for all garment and textile factories in the Kingdom affected by the shortage of raw materials, resulting from Covid-19. ...

Taing Vida
https://www.khmertimeskh.com/50699289/labour-ministry-urges-implementation-of-suspension-of-employment-contracts

GMAC: Raw materials from China not enough to sustain factories

The Sihanoukville Autonomous Port revealed more than 200 containers of raw materials arrived from China yesterday, adding two more ships carrying raw materials are en route. The shipments are projected to fill the shortage in raw materials in the Kingdom that has paralysed production for ...

Sun Mesa
https://www.khmertimeskh.com/50700025/gmac-raw-materials-from-china-not-enough-to-sustain-factories

Jobs saved as factories obtain raw materials

The garment and footwear industries in the Kingdom have been given a new lease of life, thanks to the arrival of raw materials from China. ...

Thou Vireak
https://www.phnompenhpost.com/national/jobs-saved-factories-obtain-raw-materials

More than 800 workers in Kandal demand severance pay

More than 800 garment workers in Kandal’s Khsach Kandal district protested on Wednesday to demand their last wages and severance pay after the company suspended its operation due to the shortage of raw material.​ ...

Sen David
https://www.khmertimeskh.com/50698711/more-than-800-workers-in-kandal-demand-severance-pay

Textile manufacturer invests $20 million on expansion programme

TST Group Holding, the Taipei-listed major textile producer, has announced plans to expand its business operations in Cambodia to assist in the current lack of textiles imports because of the Novel Coronavirus. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50698579/textile-manufacturer-invests-20-million-on-expansion-programme

COVID-19: Gov’t to set up new economic measures

Despite no new cases of COVID-19 reported in Cambodia since January, the government is planning new measures to tackle the financial effect the virus continues to have on the country.   ...

Chea Vannak
https://www.khmertimeskh.com/50698578/covid-19-govt-to-set-up-new-economic-measures

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