Industries
Manufacturing
Cambodian government gives approval for garment factories to produce masks and PPE’s
The government has approved a request by the Garment Manufacturers Association in Cambodia (GMAC) for garment factories to produce all kinds of face masks, medical equipment and protective clothing for both domestic consumption and export. ...
Khmer Times Staff
https://www.khmertimeskh.com/50723913/cambodian-government-gives-approval-for-garment-factories-to-produce-masks-and-ppes/
Factory furloughs nearly 2,000 workers amid coronavirus
Nearly 2,000 garment workers are now in limbo after their employer You Li International Garment Co Ltd in Svay Rieng province’s Bavet city announced a suspension of operations as clothing orders dry up amid the coronavirus pandemic. ...
Sen David
https://www.khmertimeskh.com/50720608/factory-furloughs-nearly-2000-workers-amid-coronavirus/
GMAC demands all payment from buyers
The Garment Manufacturers Association (GMAC) in Cambodia has reiterated an appeal to buyers to source their goods from Cambodia as the economic situation becomes worse with nearly 200 factories suspending their operations because of the COVID-19 pandemic. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50719909/gmac-demands-all-payment-from-buyers/
Workers unions request minimum wage of $250
Workers Unions representing over 10,000 workers in the Kingdom have requested the government an increase in minimum wage to $250 per month for garment workers, an augmentation of $60 in wage compared to the original stipend imposed in 2020. ...
Va Sonyka
https://www.khmertimeskh.com/50719380/workers-unions-request-minimum-wage-of-250/
All is not well in the garment sector as exports drop by 50 percent in second trimester
Cambodia’s exports of garment and footwear products are expected to drop from 50 to 60 percent due to the impact of COVID-19 crisis during the second trimester of 2020. ...
Khmer Times Staff
https://www.khmertimeskh.com/50718827/all-is-not-well-in-the-garment-sector-as-exports-drop-by-50-percent-in-second-trimester/
Coronavirus brings trouble to Cambodia’s garment industry
Hundreds of garment factories in Cambodia and elsewhere in Asia are facing serious financial problems because clothing brands have either canceled their orders or stopped placing new ones over the past several weeks. ...
Khmer Times Staff
https://www.khmertimeskh.com/50718817/coronavirus-brings-trouble-to-cambodias-garment-industry/
1,200 jobs to be created by shoe factory in Kandal province
L.Y. Footwear (Cambodia) Co., Ltd. has been given the green light to invest in the manufacturing of all forms of footwear, according to a press release of the Council for the Development of Cambodia (CDC). ...
Khmer Times Staff
https://www.khmertimeskh.com/50718289/1200-jobs-to-be-created-by-shoe-factory-in-kandal-province/
Cambodia says 77 new factories open in Q1 amid COVID-19 pandemic with six closures
Some 77 new factories, including 34 garment, footwear, and travel goods factories, had opened in Cambodia in the first quarter of 2020 despite the COVID-19 pandemic, a spokesman said, amid the closure of six factories, leaving more than 6,000 workers without a job. ...
Khmer Times Staff
https://www.khmertimeskh.com/50716659/cambodia-says-77-new-factories-open-in-q1-amid-covid-19-pandemic-with-six-closures/
Covid-19: A global approach to protecting garment workers in supply chains as Cambodia faces up to 500,000 job losses
The Garment Manufacturers Association in Cambodia (GMAC) has stated approximately 60 percent of its factories have been severely affected by cancelled orders of ready-made garment exports, due to the COVID-19 pandemic. ...
Khmer Times Staff
https://www.khmertimeskh.com/50716165/covid-19-a-global-approach-to-protecting-garment-workers-in-supply-chains-as-cambodia-faces-up-to-500000-job-losses/
Unemployed to get $40 per month
The Ministry of Labour and Vocational Training has instructed enterprises, business owners and travel agencies in five provinces to prepare the proper forms for the suspension of employment contracts. ...
Long Kimmarita
https://www.phnompenhpost.com/national/unemployed-get-40-month
CDC okays five projects to create 6,373 jobs
The Council for the Development of Cambodia (CDC) issued final registration certificates to five investment projects between April 13-17 worth more than $24 million and which are expected to generate 6,373 jobs. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-five-projects-create-6373-jobs
Record-low oil prices to to continue
A grim report on the world economy by the International Monetary Fund (IMF) yesterday caused oil prices to continue to slide, with international prices hitting the lowest level since 2002 as planned output cuts were deemed insufficient to offset a COVID-19-fuelled slump in demand. ...
Harrison White
https://www.khmertimeskh.com/50713728/record-low-oil-prices-to-to-continue/
90 percent of garment workers turn up for duty on New Year’s Day
The Labour Ministry said more than 90 percent of garment factory workers reported for work on the first day of Khmer New Year yesterday. ...
Sen David
https://www.khmertimeskh.com/50712802/90-percent-of-garment-workers-turn-up-for-duty-on-new-years-day/
Each laid-off worker to get $70 a month
Prime Minister Hun Sen said the government has decided to provide $70 a month for each worker once their factories temporarily suspended their operations due to COVID-19 pandemic. ...
Sen David
https://www.khmertimeskh.com/50710752/each-laid-off-worker-to-get-70-a-month/
Half a million workers already affected by cancelled orders
The Garment Manufacturers Association in Cambodia (GMAC) has stated approximately 60 percent of its factories have been severely affected by cancelled orders of ready-made garment exports, due to the COVID-19 pandemic. ...
Sok Chan
https://www.khmertimeskh.com/50710646/half-a-million-workers-already-affected-by-cancelled-orders/
Green light for $161M Kandal brewery
The Council for the Development of Cambodia (CDC) last week approved a $160.6 million brewery in Chhak Chhoeu Neang commune’s Trapaing Veng village in Kandal province’s Ang Snuol district. ...
Thou Vireak
https://www.phnompenhpost.com/business/green-light-161m-kandal-brewery
Cambodia-U.S trade volume up by 33 percent to US$585 million in January
Bilateral trade between Cambodia and the U.S. were valued at US$585 million in January 2020, up 33 percent compared to the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/50708596/cambodia-u-s-trade-volume-up-by-33-percent-to-us585-million-in-january/
Government permits tax exemptions on specific goods
The government has issued income tax exemptions for the textile and garment, footwear and luggage sectors that produced export goods hit by the European Union’s 20 percent Everything but Arms (EBA) tariff-free status withdrawal in February. ...
Sok Chan
https://www.khmertimeskh.com/50706195/government-permits-tax-exemptions-on-specific-goods/
Covid-19 brings chaos to textile industry
The Garment Manufacturers Association in Cambodia (GMAC) on Tuesday urged factories not to suspend shipments of goods that have already been produced as well as those in production. ...
May Kunmakara
https://www.phnompenhpost.com/business/covid-19-brings-chaos-textile-industry
GMAC: European and American markets have announced a suspension on garment exports from Cambodia
Some foreign garment buyers have notified garment factories in Cambodia for a suspension on the shipment of garment exports from Cambodia to European and US markets due to the effects of the COVID-19 outbreak. The statement comes after the recent arrival of raw materials from ...
Three investment projects to create 2,000 jobs
The Council for the Development of Cambodia has approved three investment projects with a total capital of US$7 million. ...
Khmer Times Staff
https://www.khmertimeskh.com/50702925/three-investment-projects-to-create-2000-jobs/
1,000 containers with raw material offer relief to Kingdom’s factories
Prime Minister Hun Sen on Saturday announced the arrival of 12 ships containing more than 1,000 containers of raw materials from China at Sihanoukville Autonomous Port to supply struggling garment factories in the Kingdom. ...
COVID-19 impacts garment workers in Cambodia
The global outbreak of the Coronavirus is slowing down the economy and threatens to eliminate thousands of jobs in the global supply chain in South East Asia, particularly in Cambodia as one of the most affected countries in the region. ...
Khmer Times Staff
https://www.khmertimeskh.com/50701601/covid-19-impacts-garment-workers-in-cambodia/
Loan repayment suspension of garment workers get the nod
Garment workers whose jobs suspended due to raw material shortages are now allowed to delay their loan repayments to the commercial banks and microfinance institutions (MFIs). ...
Khmer Times Staff
https://www.khmertimeskh.com/50700950/loan-repayment-suspension-of-garment-workers-get-the-nod