Industries

The French Chamber of Commerce and Industry (FCCI) in Cambodia has endorsed the government’s measures to address a decline in tourist numbers in Siem Reap. ...

A ranking Chinese Chamber of Commerce official has revealed to Khmer Times that China may prioritise supply Cambodia for its immediate raw materials need to allow the factories here to continue operating.   ...

Three ministries have set up a joint team to monitor the manufacturing sector’s compliance with existing regulations, including workplace conditions, in a bid to avoid overlapping inspections. ...

The State Secretariat of Civil Aviation has recorded a declining number of foreign visitors coming into the Kingdom in the midst of novel coronavirus fears.​​​​​ ...

The General Department of Customs and Excise (GDCE) on Friday issued a set of measures to help the ailing shipping and garment sectors as the supply of raw materials from China dries up. ...

Ministry of Environment spokesman Neth Pheaktra has announced that four ministries have issued two separate inter-ministerial prakas to create a joint inspection group to look into the manufacturing and tourism sectors to strengthen the effectiveness of work, transparency and accountability.   ...

At least 10 factories have filed for temporary suspension as the supply of raw materials from China dries up, the Ministry of Labour and Vocational Training said on Thursday. This could affect the livelihoods of as many as 3,000 workers. ...

Garment factory workers are seeing their working hours cut amid China’s coronavirus scare and the EU’s announcement that it will partially withdraw Cambodia’s trade privileges. ...

Cambodia earned around $4.91 billion, up 12.4 percent year-on-year from international tourism receipts last year, with 6.61 million international visitors, according to the latest report from the Ministry of Tourism. ...

Prime Minister Hun Sen yesterday urged Chinese Ambassador Wang Wentian to look into the possibility of exporting raw materials by air and sea to the Kingdom in order to prevent job losses resulting from a suspension in the operation of garment factories. ...

The Ministry of Economy and Finance on Tuesday issued two separate letters to its General Department of Taxation (GDT) and its General Department of Customs and Excise (GDCE) ordering immediate action to mitigate risk to the Kingdom’s economy. ...

The government has decided to exempt the 4 percent stamp tax on all residential properties valued less than $70,000 until January to contribute to sustaining the country’s economic growth. ...

Prime Minister Hun Sen announced yesterday that all registered hotels and guesthouses in Siem Reap will be exempt of all taxes from February until May this year.   ...

The government has announced that it is preparing to develop a special tourism area in the coastal province of Sihanoukville. In a move to diversify its tourism offerings, citing a need to boost tourism flow into the area. ...

Southeast Asian suppliers from Cambodia, Myanmar and  Vietnam have become increasingly important to global fashion brands. Nearly 20% of Uniqlo owner Fast Retailing’s disclosed core sewing factories are in Vietnam, though China is still home to about half.​ However, these suppliers now face a supply ...

Swedish fashion giant H&M Group said they were evaluating how the EU’s decision to withdraw one-fifth of the ‘Everything But Arms’ (EBA) scheme would impact their business and production strategy in Cambodia. ...

Ten investment projects worth $83.7 million were approved by the Council for the Development of Cambodia (CDC) this week, it said in a press release said on Tuesday. The projects are anticipated to create some 4,744 jobs. ...

The Garment Manufacturers Association in Cambodia (GMAC) has expressed disappointment at the European Commission’s (EC’s) recent decision to suspended one-fifth of the Everything But Arms (EBA) scheme awarded to Cambodia. ...

Cambodia exported garments, footwear and travel goods worth $9.35 billion in 2019, a year-on-year increase of 11 percent, according to a report from the Ministry of Industry and Handicraft. ...

Cambodia, as well as Laos, Myanmar and Vietnam, are being encouraged to improve their production chains to provide added value to their textile products exported to Japan. The call came at a Phnom Penh workshop for representatives from Cambodia, Lao, Myanmar and Vietnam (CLMV) on ...

The Ministry of Labour and Vocational Training has warned that some garment factories in Cambodia may be forced to shut down temporarily or lay off workers next month due to a shortage of raw materials. As the 2019 Novel Coronavirus (2019-nCoV) continues to spread across ...

Cambodia Airports and the Overseas Investment Corp (OCIC) have shown progress in discussions on the development of a new Phnom Penh International Airport which is expected to be finished next year. ...

Sihanoukville, a once-sleepy seaside city in the Kingdom’s coastal province that has now become a ballooning enclave for Chinese-run construction and real estate, is now seeing house rental prices plummeting and land values stagnating. ...

Preah Sihanouk province will soon become a multi-purpose special economic zone and potentially the industrial hub of Cambodia, according to a senior official from the Ministry of Economy and Finance. ...