Industries

Prime Minister Hun Sen approved the establishment of a new interministerial task force yesterday that will work to develop and manage community-based ecotourism locations in a bid to find sustainable ways to draw tourists to destinations across the Kingdom. ...

Foreign tourist arrivals to the Kingdom have gone up during the first nine months of this year, reaching roughly 3.9 million to represent a year-on-year increase of 11.5 percent, according to data released by the Ministry of Tourism yesterday. ...

The US multinational Walmart has said it will buy more garment, footwear and luggage products from Cambodia next year due to increased capacity from suppliers and improved labour conditions in the country. ...

The government has set up an inter-ministerial working group for the management and development of tourism and ecotourism. ...

During a meeting last week with a Vietnamese rubber association, Minister of Agriculture Veng Sakhon reminded Vietnamese investors of the many opportunities that the Cambodian agricultural sector offers and asked them to come to the kingdom to establish rubber and cassava processing factories. ...

The Building and Wood Workers Trade Union Federation of Cambodia has renewed its call for a meeting with Prime Minister Hun Sen because its members need the government to take care of them. ...

Two human skulls more than 3,000 years old have gone on display in a museum for the first time since their discovery in Siem Reap province more than 10 years ago. ...

The Ministry of Tourism (MoT) has announced plans to strengthen the image of Sihanoukville’s coast as a tourism destination, with authorities expecting the province to surpass the two-million mark in tourist arrivals in 2017. ...

The Council for the Development of Cambodia (CDC), the government body in charge of approving large-scale investments, has taken to Facebook to officially announce its decisions on investment projects, a move that a government official claimed yesterday will provide more transparent access for investors and ...

Following the recent agreement to increase the minimum wage in the garment sector, a productivity fair is due to start on Friday in Phnom Penh, organised by the Ministry of Labour and Vocational Training (MoLVT) and the Garment Manufacturers Association in Cambodia (GMAC). ...

Cambodia’s garment and footwear exports will likely see a slower percentage of growth this year at around 5 percent, compared with 7 percent in 2016, a trend that industry insiders dismissed as not being indicative of an overall decline or linked to the current political ...

Prime Minister Hun Sen has allocated about $40 million per year from next year after the garment and footwear industry workers’ minimum wage increased to $170 per month. ...

Workers from the Pou Yuen Cambodia garment factory in Sen Sok district yesterday protested outside the premises after the management decided to offer them only three-month contract extensions. ...

Construction crews will break ground this weekend on a new walkway overpass alongside Olympic Stadium as part of the Olympia City development project. The Overseas Cambodian Investment Corporation (OCIC) and a municipal crew will begin work on the walkway, which will be at a five-way ...

Local diversified company Jet’s Group has launched a new collateral option that allows would-be homeowners to buy gold bullion from Hong Kong that can be used to secure investments in its Cambodian property developments, a company executive said yesterday. ...

A company based in China’s southern province of Guangdong opened a 2-hectare market for building and construction materials near the Preah Monivong Bridge in Phnom Penh on Saturday, according to a report by online Chinese news site Commercial News. ...

Nearly 1,000 workers from the Collective Union of Movement of Workers on Saturday kicked off a campaign to demand government intervention to end short-term contracts being peddled to a majority of garment workers. ...

The government yesterday significantly upped the garment and footwear sector’s minimum wage to $170 a month, from $153, the highest increase in wages in the past two years and one that comes ahead of a crucial national election next July. ...

The industry body representing Cambodia’s garment sector issued a statement yesterday urging the government to help manufacturers reduce the cost of doing business in order to offset a higher minimum wage and workers benefit package due to come into effect on January 1. ...

Prime Minister Hun Sen yesterday called on garment factory owners to reduce the use of short-term employment contracts. Speaking to more than 15,000 workers and employers representing 10 factories in Phnom Penh’s Por Senchey district, Mr Hun Sen said short-term contracts threaten the health of employees. ...

Despite better than predicted overall growth for global economies, the World Bank has slightly downgraded its 2017 forecast for Cambodia due to wage and price concerns in the Kingdom’s the garment industry as well as uncertainty surrounding next year’s national election. ...

Revenue from ticket sales to foreigners visiting Cambodia’s Angkor archaeological park hit 75.7 million U.S. dollars in the first nine months of 2017, up 70 percent compared to the same period last year, according to a press release on Sunday. ...

Union negotiators on the minimum wage for garment, textile and footwear workers have lowered their claim from $176.26 per month to $175 while the employers have increased their offer from $161 to $161.50. ...

Renowned Cambodian architect Vann Molyvann has died at the age of 90 in his home in Siem Reap. Molyvann’s assistant, Choung Chhoeun, confirmed the architectural great passed away today at 9:45am. ...