Industries
Manufacturing
Kingdom eyes improved food safety standard
While food safety control services and inspection systems for food products at the Industrial Laboratory Center of Cambodia (ILCC) have showed some improvements, the ILCC still lags behind Asean standards, according to Ministry of Industry and Handicraft secretary of state Sat Samy. ...
Sok Chan
http://www.khmertimeskh.com/news/25063/kingdom-eyes-improved-food-safety-standard/
Factories create 12,000 new first-quarter jobs
Forty factories were registered during the first three months of the year, creating over 12,000 jobs, according to new data by the Ministry of Industry and Handicraft. ...
Post Staff
http://www.phnompenhpost.com/business/factories-create-12000-new-first-quarter-jobs
Exports to the US slip slightly
Cambodia’s exports to the United States, the second largest importer of local goods after the European Union, declined slightly during the first quarter of the year compared with the same quarter last year. ...
May Kunmakara
http://www.khmertimeskh.com/news/24662/exports-to-the-us-slip-slightly/
Fertilizer factory planned
A massive capacity fertilizer factory has been planned for Preah Sihanouk province, as demand for chemical fertilizers in the agricultural sectors is high. ...
Chea Vannak
http://www.khmertimeskh.com/news/24604/fertilizer-factory-planned/
Garment sector grows another 13 pct: report
Cambodia’s garment and footwear exports grew by 13 per cent year-on-year in the first quarter of 2016, Chinese news agency Xinhua said on Monday, citing a report by the Ministry of Industry and Handicraft. ...
Post Staff
http://www.phnompenhpost.com/business/garment-sector-grows-another-13-pct-report
CAIF hopes to put a dent in used auto market
The independent industry body representing Cambodia’s authorised automobile distributors launched a consumer awareness campaign yesterday aimed at informing the public of the risks of purchasing second-hand cars on the local grey market, which it said reduces government tax revenue while flooding the streets with predominately ...
Kali Kotoski
http://www.phnompenhpost.com/business/caif-hopes-put-dent-used-auto-market
Chinese-invested giant sugar mill starts operations in Cambodia
Chinese agro firm Rui Feng (Cambodia) International Company began operations at its 360-million-U.S.-dollar sugar production factory here on Tuesday after spending nearly two years for construction. ...
Xinhua Team
http://news.xinhuanet.com/english/2016-04/19/c_135293103.htm
Singapore’s HLH Group plans $10 million farm food processing park
Singapore-listed HLH Group Ltd will invest $10 million in an agricultural food processing park, which is due to be fully operational next year, the Singapore Business Review reported yesterday. The 400-hectare park will be in Kampong Speu province’s Oral district, said Kim Koung, an official of ...
Vinamilk keeps stake in Angkor dairy plant
Vietnamese dairy giant Vinamilk has appointed Angkor Dairy Products Co Ltd as the official distributor of Vinamilk products in Cambodia following the closure of its local representative office last month. ...
Sor Chandara
http://www.phnompenhpost.com/business/vinamilk-keeps-stake-angkor-dairy-plant
Plenty of fish, but no buyers
At what should be a boom time ahead of the New Year, seafood vendors in Kampot have full baskets but no buyers as the algae bloom around Kep turns the water bright green and dead fish wash ashore. The government has issued a warning against swimming ...
Chea Vannak
http://www.khmertimeskh.com/news/23571/plenty-of-fish--but-no-buyers/
Higher wages hit GTI bottom line
The increase in the government-set minimum wage in the garment sector and lower prices have hit the bottom line of Grand Twins International (GTI), the only company in the sector listed on the stock exchange. The company yesterday reported revenue for the year ended December 31 ...
May Kunmakara
http://www.khmertimeskh.com/news/23572/higher-wages-hit-gti-bottom-line/
Towers to improve Angkor Wat's cell coverage, discreetly
Visitors to Cambodia’s premiere tourist destination, Angkor Wat, can expect better mobile network coverage come June, after Apsara Authority signed an agreement with local telecom services firm Camtowerlink Communications to install six camouflaged mobile towers across the vast temple site. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/towers-improve-angkor-wats-cell-coverage-discreetly
New factory to hog the pig leather market
Cambodia’s first factory to process leather from pig skin will open this year and will supply products to the European market, but local pig skin will not be used. ...
Sum Manet
http://www.khmertimeskh.com/news/23062/new-factory-to-hog-the-pig-leather-market/
Kampot cements its place in construction industry
Work started yesterday on Cambodia’s largest and most modern cement plant, which will be built in Kampot province with an investment of $262 million by Chip Mong Insee Cement. ...
Sum Manet
http://www.khmertimeskh.com/news/23017/kampot-cements-its-place-in-construction-industry/
Swifter footwear sales help push garment growth
Cambodia’s garment sector – a key driver of the economy – exhibited modest growth last year, with total exports topping $6.3 billion in 2015, up from $5.8 billion one year earlier, according to an industry report released yesterday. ...
Ananth Baliga
http://www.phnompenhpost.com/business/swifter-footwear-sales-help-push-garment-growth
Garment worker pageant troubles critics
The Ministry of Labour is bringing back a beauty pageant for garment workers, which unions and commentators have deemed a “regressive” distraction from deep-seeded inequalities in the sector. ...
Erin Handley and Sen David
http://www.phnompenhpost.com/national/garment-worker-pageant-troubles-critics
Traditional silk industry struggles to keep its shine
To get high quality silk scarves or silk products ready to sell in shops or markets takes at least two or three days of hard work by weavers, most of whom work in small villag ...
Sok Chan
http://www.khmertimeskh.com/news/22615/traditional-silk-industry-struggles-to-keep-its-shine/
EU market could tap into tapioca
Local agro-industrial conglomerate Mong Reththy Group is negotiating a new partnership that would send large-volume shipments of Cambodian cassava products to Europe for the first time. ...
Sor Chandara
http://www.phnompenhpost.com/business/eu-market-could-tap-tapioca
Claims of Cambodia outpacing VN's garment exports denied
Recently, several local newspapers reported that Cambodia surpassed Viet Nam to become the fifth largest exporter of garment and textile products to the EU. ...
Vietnam Net Team
http://english.vietnamnet.vn/fms/business/152094/claims-of-cambodia-outpacing-vn-s-garment-exports-denied.html
Surge in new product standards as tariffs fall
A recent surge in the development of national standards for manufactured goods and food products is creating more opportunities for local products in regional markets, a government official said yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/surge-new-product-standards-tariffs-fall
Cassava, rubber processing plants being mulled: official
Japan may import cassava and rubber from Cambodia and investors from the country are considering building processing plants for the two commodities here, according to a senior official at the Agriculture Ministry. ...
Sok Chan and May Kunmakar
http://www.khmertimeskh.com/news/22128/cassava--rubber-processing-plants-being-mulled--official/
Cambodia’s textile market share outdoes Vietnam’s in European Union
Although Vietnam was ranked among the top ten in apparel exports to the European Union in 2015, it was outperformed by one of its neighboring countries. ...
Tuoi Tre News's team
http://tuoitrenews.vn/business/33470/cambodias-textile-market-share-outdoes-vietnams-in-european-union
With job cuts on horizon, factory’s staff walks
Roughly 2,000 workers from the Malaysian-owned Global Apparels Limited garment factory in Phnom Penh went on strike yesterday after the factory announced it would be reducing staff numbers by 500 over the coming months, union representatives said yesterday. ...
Sen David
http://www.phnompenhpost.com/national/job-cuts-horizon-factorys-staff-walks
Time to outgrow garment manufacturing, gov’t advisor says
As the ASEAN Economic Community (AEC) raises Cambodia’s profile as a member of one of the world’s largest trade zones, investors around the world are considering Cambodia as a gateway to the region and it should take advantage of this opportunity by diversifying its economic ...
Chea Vannak
http://www.khmertimeskh.com/news/21466/time-to-outgrow-garment-manufacturing--gov---t-advisor-says/