Industries

Manufacturing

Flood crisis another setback for real estate sector

While the political crisis in the country is still ongoing, Cambodia is now suffering another crisis due to flooding, which has had a big impact on the country’s real estate business. Kim Heang, the President of Khmer Real Estate, said the buying and selling of real ...

Siv Meng
http://www.phnompenhpost.com/real-estate/flood-crisis-another-setback-real-estate-sector

Garment exports up, margins down

Despite concerns that political uncertainty would be a drag on the economy, Cambodia’s garment exports continued on an upward trend in the first nine months of the year, the latest data show. Though volume increased, factory profit margins were squeezed due to labour disputes and demands ...

Hor Kimsay
http://www.phnompenhpost.com/business/garment-exports-margins-down

Carabao Dang maker eyes plants in Myanmar, Cambodia

Carabao Tawandang, the manufacturer of Carabao Dang energy drinks, plans to open factories in Myanmar and Cambodia within the next three to five years. Managing director Sathien Setthasit yesterday said the company would also increase the production capacity of its Thai factory by 40 per cent, ...

Savitree Rinwong
http://www.nationmultimedia.com/business/Carabao-Dang-maker-eyes-plants-in-Myanmar-Cambodia-30217758.html

First mango export factory planned

Mong Reththy Group is co-investing $2 million to build a factory in Preah Sihanouk province for the packaging and export of Cambodian mangoes, the first company to formally ship the fruit overseas. Located in Koe Phos commune, the factory will cover 12 hectares of land and ...

Hor Kimsay
http://www.phnompenhpost.com/business/first-mango-export-factory-planned

USA garment factory workers block national road

Nearly 400 workers at the USA Fully Field (Cambodia) Garment factory blocked National Road 2 in Phnom Penh’s Meanchey district yesterday after fears spread that the factory was winding down operations and that management wouldn’t pay necessary wages once it closed. Soy Nakri, a worker representative ...

Mom Kunthear
http://www.phnompenhpost.com/business/usa-garment-factory-workers-block-national-road

SL Garment Protesters Gain Little From Talks at Labor Ministry

A two-day meeting between union leaders, senior government officials and representatives of the SL Gar­ment Factory failed Tuesday to reach a solution for factory workers, who have been on strike since early August and on Monday demonstrated in front of Prime Minister Hun Sen’s Phnom ...

Ben Woods and Khy Sovuthy
http://www.cambodiadaily.com/news/sl-garment-protesters-gain-little-from-talks-at-labor-ministry-45708/

City Says It Will Provide Land Titles to 33 Boeng Kak Families

Phnom Penh Municipality will provide land titles to 33 more families living in the city’s Boeng Kak neighborhood, a municipal official said Tuesday, roughly a third of those still seeking property rights in the area that has seen some 3,000 forced evictions. “First, we will solve ...

Khy Sovuthy and Ben Woods
http://www.cambodiadaily.com/news/city-says-it-will-provide-land-titles-to-33-boeng-kak-families-45710/

Cambodia sees 22 pct rise in garment exports in 9 months

Garment industry, Cambodia’s largest income earner, reported a 22-percent increase in exports in the first nine months of 2013, showed the data of the Ministry of Commerce released on Tuesday. During the January-September period this year, the country had exported garment products in equivalent to $4.2 ...

Global Times News Staff
http://www.globaltimes.cn/content/819443.shtml#.UmaRFflgd8E

Sabrina workers out after months in jail

Eight unionists locked in prison in Kampong Speu province since violent clashes at the Sabrina Garment factory in May and June were released on bail yesterday, court and union officials said. Cheum Rithy, a provincial judge, said he had decided to release the eight Free Trade ...

Mom Kunthear
http://www.phnompenhpost.com/national/sabrina-workers-out-after-months-jail

Brands tell GMAC to dial it down

Some of the world’s largest clothing brands have warned the Garment Manufacturers Association in Cambodia of possible business ramifications should the factory representative continue with plans to impede labour monitoring. Thirteen major buyers, including Gap, H&M, Levi’s, Nike and Puma, have signed a letter to GMAC ...

Daniel de Carteret
http://www.phnompenhpost.com/business/brands-tell-gmac-dial-it-down

New highway to run through Boeung Tompong

A new highway that is being built is expected to not only reduce traffic jams, but to also open up a large area for real estate development. The new highway, called Samdech Techo Hun Sen Blvd, runs from the intersection of Road 271 and Monivong Blvd ...

Siv Meng
http://www.phnompenhpost.com/real-estate/new-highway-run-through-boeung-tompong

Labour Ministry told to keep SL talks alive

In a letter sent to the Ministry of Labour and Vocational Training last week, the Council of Ministers encourages the ministry to facilitate talks between garment factory management and the union representing thousands of workers on strike for nearly two months. The letter, written by Council ...

Sean Teehan and Mom Kunthear
http://www.phnompenhpost.com/national/labour-ministry-told-keep-sl-talks-alive

Cambodia’s Manufacturers Shift to Higher-Value Clothing

Cambodia’s factories are moving away from producing the most basic clothing items and diversifying to manufacture more intricate products for international buyers. As the garment sector has grown over the past decade, most garment factories have stuck to producing items such as T-shirts and jeans due ...

Dene-Hern Chen
http://www.cambodiadaily.com/business/cambodias-manufacturers-shift-to-higher-value-clothing-44792/

Court Hears Garment Heist Case Involving Port Workers

The Phnom Penh Municipal Court on Tuesday heard the case of two port workers and a military police officer charged with stealing more than 8,000 articles of clothing from a shipping container while it was being driven to the Phnom Penh Autonomous Port. The three suspects—Sorn ...

Eang Mengleng
http://www.cambodiadaily.com/news/court-hears-garment-heist%E2%80%88case-involving-port-workers-44718/

Cambodia's trade with Japan up 24 pct in 8 months

The two-way trade between Cambodia and Japan has hit $503 million in the first eight months this year, up 24 percent over the same period last year, the figures from the Japan External Trade Organization said Tuesday. Cambodian exports to Japan rose 39 percent to $358 ...

Global Times Staff
http://www.globaltimes.cn/content/816224.shtml#.UlS3adKBmN8

World Bank says Cambodian political uncertainty has 'Unclear' impact

The World Bank said Monday that the impact of Cambodia’s political uncertainty was “unclear” but left its growth forecasts unchanged for this year and next year.  “The Cambodian economy remains robust amidst a challenging global economic environment,” the bank said in its East Asia and Pacific ...

The Cambodia Herald Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OTBjN2JiMjBlMzI

ILO Initiative Could Unravel Cambodia’s Garment Industry: Manufacturers

A move by the International Labour Organization to name and shame garment producers in Cambodia that flout workers’ rights and safety standards could damage the industry’s reputation and result in a drastic reduction in orders from buyers abroad, according to a senior manufacturing official. Last week, ...

Radio Free Asia News Staff
http://www.rfa.org/english/news/cambodia/initiative-10042013150820.html

Group Lease aims to raise Bt3.4 bn for expansion

Group Lease plans to raise Bt3.4 billion from shareholders to expand its main motorcycle-leasing business aggressively and enter other types of “small credit” businesses here and in neighbouring countries, especially Cambodia, over the next two years. The company is reportedly negotiating to take over a ...

The Nation News Staff
http://www.nationmultimedia.com/business/Group-Lease-aims-to-raise-Bt3-4-bn-for-expansion-30216061.html

Monitor, GMAC at odds over plan

The head of the Better Factories Cambodia (BFC) program said yesterday that consultations on its new public-disclosure initiative have been going on for more than a year, contrary to claims by a garment factory representative who characterised the process as hasty. Jill Tucker, chief technical adviser ...

Daniel de Carteret and May Kunmakara
http://www.phnompenhpost.com/business/monitor-gmac-odds-over-plan

Vinamilk Sees Revenue Doubling in Overseas Expansion Push

Vietnam Dairy Products Joint-Stock Co., the nation’s largest dairy producer, is building a milk factory in Cambodia as it plans a global expansion to more than double annual revenue to $3 billion by 2017. The company known as Vinamilk is opening a plant in the capital ...

Bloomberg News Staff
http://www.bloomberg.com/news/2013-09-30/vinamilk-sees-revenue-doubling-in-overseas-expansion-push.html

EU’s Bike Imports from Cambodia Grows Enormously

During the first half of 2013 the import of bicycles in the 27 European Union member states dropped with a big 11%. Almost all EU bike supplying countries saw their export drop; except for one. Cambodia stands out as their export of bicycles to the ...

Jack Oortwijn
http://www.bike-eu.com/Sales-Trends/Market-trends/2013/10/EUs-Bike-Imports-from-Cambodia-Grows-Enormously-1379624W/

GMAC Urges Factories to Resist New Monitoring

Following the International Labor Organization’s (ILO) announcement that its Better Factories Cambodia (BFC) program will from January name and shame firms that contravene Cambodian labor laws, the Garment Manufacturers Asso­ciation in Cambodia (GMAC) has urged factory operators to refuse entry to ILO monitors, unless they ...

Matt Blomberg
http://www.cambodiadaily.com/news/gmac-urges-factories-to-resist-new-monitoring-44006/

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