Industries

Manufacturing

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

200 factories could suspend operations: Labor Ministry

Two-hundred factories could suspend their production this month due to a lack of raw materials imported from China, a Labor Ministry spokesman said. ...

Khy Sovuthy Share on facebook Share on twitter
https://cambojanews.com/200-factories-could-suspend-operations-labor-ministry/

Chinese may prioritise Cambodia in meeting raw materials demand

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.   ...

Khmer Times Staff
http://khmertimeskh.com/50696721/chinese-may-prioritise-cambodia-in-meeting-raw-materials-demand

Three ministries to jointly monitor manufacturing sector

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. ...

Mom Kunthear
https://www.khmertimeskh.com/697044/three-ministries-to-jointly-monitor-manufacturing-sector/

GDCE fasttracks shipping to ease pressure on sector

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. ...

Thou Vireak
https://www.phnompenhpost.com/business/gdce-fasttracks-shipping-ease-pressure-sector

Ministries tackle deep reforms in industries

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.   ...

Long Kimmarita
https://www.phnompenhpost.com/national/ministries-tackle-deep-reforms-industries

Factories file for suspension, 3,000 workers to be affected

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. ...

Long Kimmarita
https://www.phnompenhpost.com/national/factories-file-suspension-3000-workers-be-affected

Garment factories cut overtime hours for 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. ...

Khy Sovuthy
https://cambojanews.com/garment-factories-cut-overtime-hours-for-workers/

PM urges China to export urgent raw materials

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. ...

Taing Vida
https://www.khmertimeskh.com/50695610/pm-urges-china-to-export-urgent-raw-materials

Policy against economic risks turns to action

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. ...

May Kunmakara
https://www.phnompenhpost.com/business/policy-against-economic-risks-turns-action

Cambodia faces supply chain crunch, no thanks to COVID-19

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 ...

Khmer Times Staff
https://www.khmertimeskh.com/50694492/cambodia-faces-supply-chain-crunch-no-thanks-to-covid-19

H&M reassess strategy amid EBA withdrawal

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. ...

Niem Chheng
https://www.phnompenhpost.com/national-politics/hm-reassess-strategy-amid-eba-withdrawal

CDC okays investments worth over $83 million

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. ...

Thou Vireak
https://www.phnompenhpost.com/business/cdc-okays-investments-worth-over-83-million

GMAC: Pulling rug from under workers’ feet not way to proceed

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. ...

Niem Chheng
https://www.phnompenhpost.com/national-politics/gmac-pulling-rug-under-workers-feet-not-way-proceed

Garment, footwear, and travel goods exports valued at $9.3 billion

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. ...

Chea Vannak
https://www.khmertimeskh.com/50692028/garment-footwear-and-travel-goods-exports-valued-at-9-3-billion

Hopes to boost textile exports to Japan with added value

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 ...

Chea Vannak
https://www.khmertimeskh.com/50691648/hopes-to-boost-textile-exports-to-japan-with-added-value

Coronavirus likely to result in lay-offs as China factories close

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 ...

Khorn Savi
https://www.phnompenhpost.com/national/coronavirus-likely-result-lay-offs-china-factories-close

CDC approves seven projects in January

The Council for the Development of Cambodia (CDC) approved seven garment and travel goods investment projects last month, worth $33.4 million. The figures were released by CDC throughout the month and calculated by The Post. The EU is scheduled to decide whether to keep or withdraw ...

Thou Vireak
https://www.phnompenhpost.com/business/cdc-approves-seven-projects-january

Rubber exports rise by 30% year-on-year

Cambodia exported more than 282,071 tonnes of rubber last year, a 30 per cent increase from 2018’s 217,501 tonnes, a Ministry of Agriculture, Forestry and Fisheries report said. The commodity reeled in $377 million in revenue last year, up 32 per cent from 2018’s $286 ...

Thou Vireak
https://www.phnompenhpost.com/business/rubber-exports-rise-30-year-year

GMAC: Indian software to up GTF efficiency

The Garment Manufacturers Association in Cambodia (GMAC) announced it will introduce smart technology solutions to bolster efficiency in the textile industry as it works to embrace the forthcoming Fourth Industrial Revolution. ...

Hin Pisei
https://www.phnompenhpost.com/business/gmac-indian-software-gtf-efficiency

Government’s study aims to expand rubber revenue

The General Directorate of Rubber announced a joint study on family-owned rubber plantations in three provinces to better understand how growers have responded to the sharp drop in rubber prices over the past nine years. The average cost of rubber has fallen from around $4,600 ...

Thou Vireak
https://www.phnompenhpost.com/business/governments-study-aims-expand-rubber-revenue

Kingdom’s fuel prices fixed despite US-Iran row

Increase tensions between the US and Iran, one of the world’s largest oil producers, could cause prices to fluctuate, the Ministry of Commerce warned on Thursday. However, the ministry said fuel prices in the Kingdom will stick to those announced every 15 days, which are ...

Hin Pisei
https://www.phnompenhpost.com/business/kingdoms-fuel-prices-fixed-despite-us-iran-row

Council approves four investment projects worth $17.2 million

The Council for the Development of Cambodia (CDC) on Monday announced the approval of four investment projects worth some $17.2 million. These are set to create 1,490 jobs. Sun Awesome Garment Co Ltd is to establish a garment and laundry facility in Kampong Cham’s Prey ...

Hin Pisei
https://www.phnompenhpost.com/business/council-approves-four-investment-projects-worth-172-million

Kampong Speu shoe factory construction suspended: Governor

The construction of a shoe factory in Kampong Speu province’s Kong Pisei district has been suspended after local authorities ruled it has not been following technical standards. Officials in the Kingdom are scrambling to inspect completed and under-construction buildings to avoid collapses similar to what ...

Pech Sotheary
https://www.khmertimeskh.com/50677531/kampong-speu-shoe-factory-construction-suspended-governor

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