Industries

Manufacturing

Economic crisis sees latex exports fall 10% in first eight months

The global economic crisis has reduced Cambodia’s latex export earnings to $273.4 million in the first eight months of 2023, according to the Ministry of Agriculture, Forestry and Fisheries’ General Department of Rubber (GDR). ...

Hin Pisei
https://www.phnompenhpost.com/business/economic-crisis-sees-latex-exports-fall-10-first-eight-months

Australia partners agri-food strategy

Cambodia and Australia inaugurated a new Food Innovation Partnership on September 22, aimed at assisting agri-food small and medium-sized enterprises (SMEs) in developing products that meet food safety standards and broadening their market reach. ...

Sok Raksa
https://www.phnompenhpost.com/business/australia-partners-agri-food-strategy

Cambodia and Australia launch food innovation partnership to support agri-food SMEs

Cambodia and Australia launched a new Food Innovation Partnership to support Cambodia’s agri-food small and medium-sized enterprises (SMEs) to develop new products, meet food safety standards, and improve their market reach. ...

Khmer Times Staff
https://www.khmertimeskh.com/501366475/cambodia-and-australia-launch-food-innovation-partnership-to-support-agri-food-smes/

Cambodia’s garment sector struggles with external headwinds: AMRO

Cambodia is seeing a notable recovery in its economy with a strong bounce back in the service sectors. However, the manufacturing sector, primarily the garment industry, finds itself grappling with external pressures. ...

Khmer Times Staff
https://www.khmertimeskh.com/501363482/cambodias-garment-sector-struggles-with-external-headwinds-amro/

CDC approves $34.6 million worth of investment projects

Six new investment projects with a total capital of $34.6 million have been approved by the Council for the Development of Cambodia (CDC). ...

Khmer Times Staff
https://www.khmertimeskh.com/501361374/cdc-approves-34-6-million-worth-of-investment-projects/

Hun Sen suggests two key sectors for Japanese investors

Hun Sen, President of the Supreme Privy Council of His Majesty the King, has encouraged the Japanese investors to invest in Cambodia’s two key areas, including the establishment of factories for raw material processing, and advanced technology such as car assembly plants, production of electronic ...

Khmer Times Staff
https://www.khmertimeskh.com/501360042/hun-sen-suggests-two-key-sectors-for-japanese-investors/

Bangladesh, Pakistan, Cambodia, Vietnam face $65 billion apparel export hit from extreme weather

Extreme heat and flooding could erase $65 billion in apparel export earnings from four Asian countries by 2030, as workers struggle under high temperatures and factories close, research from Schroders and Cornell University showed on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501360053/bangladesh-pakistan-cambodia-vietnam-face-65-billion-apparel-export-hit-from-extreme-weather/

Feature: Chinese electric vehicles gaining momentum in Cambodia

Kim Kheang, a 25-year-old trader in Cambodia, has decided to shift to use a Chinese electric vehicle (EV) in a move to save fuel costs and help keep the air clean. ...

Khmer Times Staff
https://www.khmertimeskh.com/501359251/feature-chinese-electric-vehicles-gaining-momentum-in-cambodia/

GFT exports decline 19% in Jan-Aug

Cambodia’s exports of garments, footwear and travel goods (GFT) continue to decline with the January to August period showing a setback of 19.28 percent, compared to the performance of the sector during the same period last year. ...

Manoj Mathew
https://www.khmertimeskh.com/501358748/gft-exports-decline-19-in-jan-aug/

Next minimum wage talks set for Sep 11

The National Council on Minimum Wage (NCMW) has set September 11 as the date for its next gathering to discuss setting the 2024 minimum income for workers in the textile, garment, footwear, travel goods and bag sectors. ...

Van Socheata
https://phnompenhpost.com/national/next-minimum-wage-talks-set-sep-11

Cambodia rubber exports revenue at $228.5 M

Cambodia earned revenue of $228.5 million in rubber exports in the first seven months of this year, according to a report from the General Directorate of Rubber. ...

Adur Pradeep
https://www.khmertimeskh.com/501352545/cambodia-rubber-exports-revenue-at-228-5-m/

GFT minimum wage hike focuses on sustainability

The government has confirmed continuing minimum wage hikes for workers in the garment, footwear, and travel goods (GFT) sector, adhering to the sustainability of the sector and competitiveness in the market. ...

Chea Vanyuth
https://www.khmertimeskh.com/501352116/gft-minimum-wage-hike-focuses-on-sustainability/

GFT minimum wage hike focuses on sustainability

The government has confirmed continuing minimum wage hikes for workers in the garment, footwear, and travel goods (GFT) sector, adhering to the sustainability of the sector and competitiveness in the market. ...

Chea Vanyuth
https://www.khmertimeskh.com/501352116/gft-minimum-wage-hike-focuses-on-sustainability/

Minimum wage negotiations for factory workers continue

The Ministry of Labor and Vocational Training (MLVT) and the National Council of Minimum Wage launched their second round of negotiations on Monday to review the monthly minimum wage for workers in the garment, footwear, and travel goods (GFT) sector for 2024. ...

Yatt Malai
https://kiripost.com/stories/cambodia-minimum-wage-negotiations-for-factory-workers-continue

Hun Manet lays out policies to improve garment workers’ living standard

Cambodia’s new Prime Minister, Hun Manet, met with 18,000 garment workers at Khan Por Sen Chey to share government policies on improving the living standards of garment workers. ...

Rov Hongseng
https://kiripost.com/stories/hun-manet-lays-out-policies-to-improve-garment-workers-living-standard

Kampong Speu cement factory to ‘cut imports, lift production’

A $258 million cement factory in Kampong Speu, approved by the Council for the Development of Cambodia (CDC) on August 24, is expected to raise the nation’s cement production capacity to more than 10 million tonnes per year. ...

Hin Pisei
https://www.phnompenhpost.com/business/kampong-speu-cement-factory-cut-imports-lift-production

Food and beverage processing SMEs show remarkable growth

The number of small and medium enterprises (SME) in food and beverage processing saw a remarkable increase, using raw materials of agriculture to the finished products. ...

Chea Vanyuth
https://www.khmertimeskh.com/501348064/food-and-beverage-processing-smes-show-remarkable-growth/

Cambodia auto tire exports at $125 million in H1

Cambodia earned around $125 million from automotive tire exports in the first half of this year, according to a report from the Council for Development of Cambodia (CDC) report. ...

Chea Vanyuth
https://www.khmertimeskh.com/501346714/cambodia-auto-tire-exports-at-125-million-in-h1/

Factory demand soars in 2023, despite slower overall investment

Demand for industrial property in 2023 is rising compared to 2022, said Stephen Suen, long-time commercial and industrial property expert and co-owner-operator of Yi Fung Real Estate Services in Phnom Penh since 2015. ...

James Whitehead
https://www.khmertimeskh.com/501344749/factory-demand-soars-in-2023-despite-slower-overall-investment/

Textile & Apparel SEA-Cambodia Summit 2024 to boost textile growth

The Textile and Apparel SEA-Cambodia Summit 2024 is set to take place in Phnom Penh from March 14–15, 2024. The summit aims to address trends in the Southeast Asia region, focusing on themes like policy, sourcing strategy, supply chain digitisation, local factories, and sustainable development. ...

Khmer Times Staff
https://www.khmertimeskh.com/501345737/textile-apparel-sea-cambodia-summit-2024-to-boost-textile-growth/

Negotiations for garment workers’ pay rise get underway

The Ministry of Labour and Vocational Training (MLVT) and National Council of Minimum Wage launched a negotiation on Wednesday on the monthly minimum wage for workers in the garment, footwear, and travel goods (GFT) sector for 2024. ...

Yatt Malai
https://kiripost.com/stories/negotiations-for-garment-workers-pay-rise-get-underway

Wage hike talks for garment sector begin amid market demand slowdown

Cambodia’s national council on minimum wage yesterday started the talks on the increase in monthly minimum wages for the garment, footwear and travel goods industry for 2024. ...

Chea Vanyuth
https://www.khmertimeskh.com/501344157/wage-hike-talks-for-garment-sector-begin-amid-market-demand-slowdown/

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