Industries

Manufacturing

Cambodia’s GFT sector gathers steam under EU collaboration

The Textile, Apparel, Footwear & Travel Goods Association in Cambodia (TAFTAC), in partnership with EuroCham and the Responsible Business Hub (RBH), has unveiled the 2024 GFT Sector Brief, Issue No. 3, shedding light on the current state and future potential of Cambodia’s garment, footwear, and ...

Jerome Misa
https://www.khmertimeskh.com/501587930/cambodias-gft-sector-gathers-steam-under-eu-collaboration/

How Cambodia can achieve export diversification

Over the past decade, Cambodia has progressed in integrating into the global trade network and diversifying its exports beyond traditional products such as garments and textiles. Amid the changing global trade landscape, the country faces challenges such as trade disruptions and intensified competition. It is now ...

Khmer Times Staff
https://www.khmertimeskh.com/501575865/how-cambodia-can-achieve-export-diversification-2/

Bicycle export earns $278M in first eight months

Cambodia exported $278 million worth of bicycles including electric bicycles in the first eight months of this year, a 30 percent decrease year-on-year compared to the same period last year, a report by the General Department of Customs and Excise showed. ...

Chea Vanyuth
https://www.khmertimeskh.com/501570205/bicycle-export-earns-278m-in-first-eight-months/

Electrical machinery, equipment export revenue exceeds $1.4B

Cambodia earned approximately $1.4 billion from the export of electrical machinery, equipment and parts to international markets during the first eight months of 2024, a decrease of one-third compared to the same period in 2023. Some economists attribute the decline to weak global economic growth. ...

Hin Pisei
https://www.phnompenhpost.com/business/electrical-machinery-equipment-export-revenue-exceeds-1-4b

Cambodia accelerates BUSINESS 15 reforms in post-Covid era, AMRO says

Cambodia’s economy is projected to grow by 5.6 percent in 2024 and 5.9 percent in 2025. The recovery momentum is driven by a rebound in the garment sector and sustained growth in the non-garment manufacturing sector. ...

Khmer Times Staff
https://www.khmertimeskh.com/501554137/cambodia-accelerates-business-15-reforms-in-post-covid-era-amro-says/

Apparel workers demand $14 vs $1 employer offer in wage negotiations

Negotiations surrounding the minimum wage for workers in the textile, apparel, footwear and travel goods sector have started, with employee representatives proposing a $14 increase while employer representatives put forward $1. ...

Thang Sinorn
https://kiripost.com/stories/apparel-workers-demand-14-vs-1-employer-offer-in-wage-negotiations

Workers seek $14 minimum wage increase for 2025, employers offer $1

Cambodian worker representatives have called for a $14 increase in the minimum wage, while employer representatives have proposed a $1 increase on the current rate of $204 for 2025, according to a press release from the Ministry of Labour and Vocational Training following a meeting ...

Niem Chheng
https://www.phnompenhpost.com/national/workers-seek-14-minimum-wage-increase-for-2025-employers-offer-1

Worker wage hike negotiations begin today

A meeting to negotiate the new minimum wage for next year for the garment, travel goods and bag industries will start today with 51 representatives of the National Council on Minimum Wage (NCMW) from the government, along with workers and employers representatives, according to a ...

Sen David
https://www.khmertimeskh.com/501540952/worker-wage-hike-negotiations-begin-today/

Authorities seize, destroy over 28 tonnes of banned frozen meats

Over 28 tonnes of banned and tainted frozen meats were confiscated and destroyed by the General Department of Customs and Excise (GDCE) and related units between July and early August. ...

Phak Seangly
https://www.phnompenhpost.com/national/authorities-seize-destroy-over-28-tonnes-of-banned-frozen-meats

Cambodia’s bicycle exports decline 38%

Cambodia’s bicycle exports plummeted 38 percent year-on-year in the first half of 2024 with the export value going down to $205 million, according to a report released by the Ministry of Commerce. ...

Chea Vanyuth
https://www.khmertimeskh.com/501525297/cambodias-bicycle-exports-decline-38/

Vendors given a week to remove alcohol ads in Takeo

The governor of Takeo province has granted one week’s grace to sellers and vendors of alcoholic drinks and wines to remove all billboards and signage that advertises alcoholic products, or face legal consequences. ...

Khmer Times Staff
https://www.khmertimeskh.com/501522989/vendors-given-a-week-to-remove-alcohol-ads-in-takeo/

GFT exports rise 17 percent in first half of 2024

Cambodia’s exports of garments, footwear and travel goods (GFT) increased by 16.89 percent in the first half of this year, compared to the same period last year, earning the country $6.15 billion, according to the trade data released by the General Department of Customs and ...

Manoj Mathew
https://www.khmertimeskh.com/501521386/gft-exports-rise-17-percent-in-first-half-of-2024/

South Korean pharma eyes medical device venture in Cambodia

Representatives from Poonglim Pharmatech Inc., headquartered in the Republic of Korea’s Jeonbuk-do province, are exploring investment opportunities in medical device manufacturing in Cambodia, following a meeting with Suon Sophal, Deputy Secretary General of the Cambodian Investment Board (CIB), at Council for the Development of Cambodia ...

James Whitehead
https://www.khmertimeskh.com/501515044/south-korean-pharma-eyes-medical-device-venture-in-cambodia/

Qingdao-based tyre manufacturer announces Kingdom investment plans

Chinese publicly-listed manufacturer, Mesnac Co., Ltd, announced plans this month to invest in a new manufacturing facility in Cambodia focussed on the production of tyre mould products. ...

James Whitehead
https://www.khmertimeskh.com/501512148/qingdao-based-tyre-manufacturer-announces-kingdom-investment-plans/

Increased iron, steel imports hint at construction sector revival

Cambodia imported iron and steel worth close to $168 million in the first four months of 2024, the General Department of Customs and Excise (GDCE) reported recently. ...

James Whitehead
https://www.khmertimeskh.com/501504480/increased-iron-steel-imports-hint-at-construction-sector-revival/

Bicycle exports down 37 percent in Jan-May

Cambodia’s bicycle exports fell 37 percent year-on-year in the first five months this year, said a report of the General Department of Customs and Excise (GDCE). ...

Chea Vanyuth
https://www.khmertimeskh.com/501505084/bicycle-exports-down-37-percent-in-jan-may/

CCF to use education not fines for minor cases

The Consumer Protection Competition and Fraud Repression Directorate-General (CCF) has issued new guidelines directing officials to prioritise educational measures over penalties for minor offenses. ...

Hang Punreay
https://www.khmertimeskh.com/501504588/ccf-to-use-education-not-fines-for-minor-cases/

Cambodia’s GFT exports jump 20.69 percent

The exports of garments, footwear and travel goods (GFT) rose by 20.69 percent in the first five months of this year, compared to the same period last year, earning the Kingdom $4.89 billion, according to the trade data released by the General Department of Customs ...

Manoj Mathew
https://www.khmertimeskh.com/501503732/cambodias-gft-exports-jump-20-69-percent/

State institutions ensure seated flatbed trucks for garment workers by 2024, buses by 2027

After several rounds of discussion since 2018, state institutions on Wednesday vowed to make it safer for workers across the country to have chairs to sit on while traveling to and from work, which has typically been flatbed trucks. ...

Phon Sothyroth
https://cambojanews.com/state-institution-ensure-seated-flatbed-trucks-for-garment-workers-by-2024-buses-by-2027/

FDI inflows into manufacturing remain high

Foreign direct investment (FDI) inflows into the manufacturing sector remained high, after investment into construction and real estate, as per the Annual Financial Stability Review Report 2023 of the National Bank of Cambodia (NBC). ...

Rachel David
https://www.khmertimeskh.com/501491715/fdi-inflows-into-manufacturing-remain-high/

Chinese mango processing factory in Battambang warned for discharging sewage into stream

Battambang provincial authorities have issued a warning letter to a Chinese owner of a mango processing factory that allegedly discharged sewage into O’ Treng stream in Svay Sar Village of Treng commune in Rattanak Mondul district. ...

Sovann Sreypich and Hel Komsan
https://cambojanews.com/chinese-mango-processing-factory-in-battambang-warned-for-discharging-sewage-into-stream/

Cambodia stares at EV skills shortage

Cambodia is staring at an acute skills shortage in the electric vehicle sector even as it is getting ready to release the ‘National Policy on the Development of Electric Vehicles (EVs) 2024-2030’ soon. ...

Manoj Mathew
https://www.khmertimeskh.com/501485197/cambodia-stares-at-ev-skills-shortage/

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