Industries
Manufacturing
Minister of commerce meets with Chinese
The minister of commerce, Pan Sorasak, met with officials from the Chinese-based Jilin Provincial Investment Group Co Ltd yesterday to discuss strengthening rice-processing infrastructure in the Kingdom. ...
Post Staff
http://www.phnompenhpost.com/business/minister-commerce-meets-chinese
Unions decry minimum wage rise of $13
Unions are still seething at the new minimum wage figure for garment and footwear industry workers – which the government decided to raise by only $13 per month last Thursday – but stopped short of saying they would organize protests out of a fear for ...
Mom Kunthear
http://www.khmertimeskh.com/news/30312/unions-decry-minimum-wage-rise-of--13/
Boost for seafood exports
The Institute of Standards of Cambodia (ISC) and the United Nations Industrial Development Organization (UNIDO) will team up to boost the export of four seafood products that adhere to international standards. Speaking at a workshop at the Ministry of Industry and Handicraft yesterday, ISC director-general Chan ...
Sum Manet
http://www.khmertimeskh.com/news/30243/boost-for-seafood-exports/
ADB: GDP to grow 7.1% in 2017
The latest report from the Asian Development Bank (ADB) describes Cambodia’s economic situation in 2016 as “broadly as expected,” as it predicts a slight increase in economic growth of 0.1 percent, to 7.1 percent. Released yesterday, the update to its annual “Asian Development Outlook” for 2016 ...
May Kunmakara
http://www.khmertimeskh.com/news/30245/adb--gdp-to-grow-7-1--in-2017/
Local factories pump out $5.3B in products
Cambodian factories manufactured industrial products worth $5.3 billion during the first seven months of 2016, according to data released yesterday by the Ministry of Industry and Handicraft. ...
Post Staff
http://www.phnompenhpost.com/business/local-factories-pump-out-53b-products
GSP exemption pitched
A roadshow to Hong Kong this week to pitch Cambodia’s newly received duty-free access on travel goods to the US market was successful, but manufacturers have yet to sign concrete deals to establish new production lines here, a delegate of the returning business mission said. ...
Hor Kimsay
http://www.phnompenhpost.com/business/gsp-exemption-pitched
Embalming chemical found in Takeo prahok
Takeo provincial authorities yesterday confiscated and destroyed more than 180 kilograms of contaminated prahok from four production sites, according to an official with the Cambodia Import-Export Inspection and Fraud Repression Directorate-General (CAMCONTROL). ...
Niem Chheng
http://www.phnompenhpost.com/national/embalming-chemical-found-takeo-prahok
Palm juice soft drink
The first hygienically produced soft drink made from palm juice, produced domestically, has proved popular enough to seek organic certification, and hopefully an export market. While palm juice has been used to make sugar, alcohol and vinegar, it has never been tapped for making soft drinks ...
Chea Vannak
http://www.khmertimeskh.com/news/29872/palm-juice-soft-drink/
Unions budge from $180 wage
Unions decided to lower their demand for $179.60 per month as the new minimum wage for the garment, footwear and textile industries in 2017, telling employers yesterday that they were dropping the figure by $2 – matching the $2 employers added to their figure earlier ...
Mom Kunthear
http://www.khmertimeskh.com/news/29840/unions-budge-from--180-wage/
Unilever eyes Cambodian palm sugar
Unilever is looking to source 2,000 tons of organic palm sugar a year from Cambodia, a senior manager said yesterday. Monica Soy, senior external affairs manager at Unilever Cambodia, told Khmer Times yesterday that Unilever requires about 2,000 tons a year, to be exported from Cambodia ...
Sok Chan
http://bit.ly/2c8BbNn
Fleeing factory owners to pay
The Ministry of Labor is preparing to enact regulations that would provide some amount of monetary relief to workers left in the lurch by factory owners who flee the country. The widespread practice has led to a number of months-long protests as more and more factory ...
Mom Kunthear
http://www.khmertimeskh.com/news/29438/fleeing-factory-owners-to-pay/
Garment factories close amid political uncertainty
Political uncertainty in Cambodia has forced the garment and footwear industry to look to alternative countries to meet production needs, forcing more than 70 factories to close and a sharp drop in orders, a senior official from the Garment Manufacturers Association in Cambodia (GMAC) said ...
Sok Chan
http://www.khmertimeskh.com/news/28810/garment-factories--close-amid-political-uncertainty/
Garment factories to buy into automation
Investors in Cambodia’s garment industry are increasingly purchasing modern equipment as they look to produce higher value-added products to compete in the international market and counter rising labour costs, an industry insider said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/garment-factories-buy-automation
Angkor beer factory strike hits production
A workers’ strike escalated on Monday at Sihanoukville’s Angkor Beer-producing Cambrew factory, protesters said, with the company acknowledging that the work stoppage was causing major disruptions. ...
Chhorn Phearun
https://www.cambodiadaily.com/business/angkor-beer-factory-strike-hits-production-117037/
Rice crackers bound for China
Cambodian rice cracker manufacturer Ly Ly Food Industry Co. Ltd., has begun exporting its products to China, as part of a push to expand beyond Asean markets. ...
Sum Manet
http://www.khmertimeskh.com/news/28557/rice-crackers-bound-for-china/
Organic fertilizers enter Cambodia
A local wholesale company, Brightway Group Co. Ltd., and leading Thailand-based organic fertilizer manufacturer and distributor, MSK Fertilizer Co. Ltd., signed a memorandum of understanding (MoU) yesterday for the entry of non-chemical fertilizers into the Kingdom. ...
Sok Chan
http://www.khmertimeskh.com/news/28401/organic-fertilizers-enter-cambodia/
Exports to Japan rise sharply
Cambodia’s total exports of garments and footwear to Japan increased sharply in the first half of the year, according to latest figures from the Japan External Trade Organization (JETRO). ...
May Kunmakara
http://www.khmertimeskh.com/news/28319/exports-to-japan-rise-sharply/
Drop in US exports seen as a wake-up call
The industry body for the nation’s garment and footwear manufacturers said new trade data showing a decline in Cambodian exports to the US during the first half of the year was a sign that the Kingdom was losing its competitive advantage, threatening the future of ...
Kali Kotoski
http://www.phnompenhpost.com/business/drop-us-exports-seen-wake-call
EU asked to increase imports
The National Assembly’s (NA) Second Commission on Economics, Finance, Banking and Auditing yesterday asked the European Union (EU) to increase rice and clothing import quotas from Cambodia, after a discussion on EU subsidies to the Kingdom. ...
Taing Vida
http://www.khmertimeskh.com/news/27825/eu-asked-to-increase-imports/
EU considers union appeals, urges government to respect human rights
The E.U.’s ambassador to Cambodia said he would weigh appeals from pro-government unions critical of a call by opposition party leader Sam Rainsy to push the government to improve its human rights record through increased economic pressure. ...
Khuon Narim, Khy Sovuthy and Sonia Kohlbacher
https://www.cambodiadaily.com/news/eu-considers-union-appeals-committed-to-human-rights-115901/
Pay-parking firm seeks more space in Phnom Penh
Sonatra Carling, the Japanese-Cambodian joint venture behind Phnom Penh’s first automated toll-parking system, sustained losses during its first year of operation, but remains committed to the project and is looking to expand the model to other areas of the capital, a company executive said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/pay-parking-firm-seeks-more-space-phnom-penh
Unions slam Rainsy’s EU plan
Opposition leader Sam Rainsy has been in hot water since he told an EU parliamentary meeting on July 13 that he wanted them to consider decreasing garment imports from Cambodia in the hope it would pressure Prime Minister Hun Sen and his government into complying ...
Mom Kunthear
http://www.khmertimeskh.com/news/27429/unions-slam-rainsy---s-eu-plan/
Car sales sputter on tax hike
Authorised dealerships of new cars and trucks have said a recent increase in the specific tax on vehicle imports has put a dent in profits, with some dealers claiming sales have slowed since the tax hike went into effect in April. ...
Hor Kimsay
http://www.phnompenhpost.com/business/car-sales-sputter-tax-hike
Rainsy asks EU to cut imports
Opposition leader Sam Rainsy has asked the European Union (EU) to decrease imports of clothing from Cambodia in an effort to put economic pressure on the government into respecting human rights and freedom of speech, saying he believed the act would not affect workers. ...
Taing Vida
http://www.khmertimeskh.com/news/27332/rainsy-asks-eu-to-cut-imports/