Industries

Philippines eye stronger ties with Cambodia

TOURISM Secretary Christina Garcia Frasco stressed on Monday that Cambodia is an important partner for tourist development in the Philippines, with potential areas of partnership agreements focusing on heritage protection, management and monitoring. ...

Khmer Times Staff
https://www.khmertimeskh.com/501311102/philippines-eye-stronger-ties-with-cambodia/

PM calls for investigation into confiscated homes

The Council for the Development of Cambodia (CDC) on Wednesday said that those who fail to pay their house mortgage and risk their properties being confiscated should contact Real Estate Business and Pawnshop Regulator (RFPR). ...

Yatt Malai
https://kiripost.com/stories/cambodia-pm-calls-for-investigation-into-confiscated-homes

Cambodia records 513 percent increase in tourist arrivals in 1st 4 months

Cambodia received some 1.72 million international visitors in the first four months of 2023, a significant rise of 613 percent from merely 241,485 over the same period last year, said a Ministry of Tourism’s report on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501308550/cambodia-records-513-percent-increase-in-tourist-arrivals-in-1st-4-months/

Int’l footwear sales pick up pace in May: GDCE figures

The Kingdom exported “footwear, gaiters and the like; parts of such articles” to the tune of $558.542 million in the first five months of 2023, down 20.44 per cent year-on-year from $702.060 million and down 23.11 per cent half-on-half (compared to July-November 2022) from $726.4 ...

Hin Pisei
https://www.phnompenhpost.com/business/intl-footwear-sales-pick-pace-may-gdce-figures

Puma-supplier employees lose their jobs again in alleged union-busting

Thirteen employees at a Puma-supplying factory have lost their jobs after participating in a union election earlier this year. ...

Phon Sothyroth
https://cambojanews.com/puma-supplier-employees-lose-their-jobs-again-alleged-union-busting/

Policy improves garment workers’ safety but leaves bus drivers deep in debt

An ongoing NGO and Labor Ministry initiative aims to make garment workers’ commute safer by shifting their daily transportation from typically flatbed trucks to enclosed buses, but the costs of the expensive upgrades are being placed on drivers. ...

Sovann Sreypich
https://cambojanews.com/policy-improves-garment-workers-safety-but-leaves-bus-drivers-deep-in-debt/

Cambodia’s garment exports to Australia increase

Australia’s clothing imports from Cambodia have bucked the general trend of a decrease, with imports in the first quarter of 2023 increasing to $42.575 million compared with the same period last year. ...

Seng Mengheng
https://kiripost.com/stories/cambodias-garment-exports-to-australia-increase

Suspended garment workers to receive second allowance payout

The Ministry of Labour and Vocational Training has given allowances for the second time to 8,762 garment sector workers who were suspended as a result of the Covid-19 pandemic and global economic crisis. ...

Chhorn Raksmey
https://kiripost.com/stories/suspended-garment-workers-to-receive-second-allowance-payout

EBA withdrawal not to impact Cambodia, says PM

Cambodia’s manufacturing sector will not be affected by the complete withdrawal of the Everything But Arms (EBA) preferential tariff line of the European Union (EU) expected in the near future, said Prime Minister Hun Sen, recently. ...

Manoj Mathew
https://www.khmertimeskh.com/501302667/eba-withdrawal-not-to-impact-cambodia-says-pm/

Cambodia airports receive 481,582 foreign tourists in Q1

Cambodia’s three international airports welcomed 481,582 foreign tourists in the first quarter of 2023, a staggering 453 percent increase from the same period in 2022. ...

Chea Vanyuth
https://www.khmertimeskh.com/501302669/cambodia-airports-receive-481582-foreign-tourists-in-q1/

Cambodia’s Angkor $16 million in ticket sales for first five months

Cambodia’s famed Angkor Archeological Park received 344,757 foreign tourists in the first five months of 2023, up 653 percent from 45,779 in the same period last year, said a press statement on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501303011/cambodias-angkor-16-million-in-ticket-sales-for-first-five-months/

Real estate and construction sector needs reform to thrive

A White Book on Real Estate & Construction 2023 has made a raft of recommendations to enable the sector to thrive, ranging from building co-ownership, hazardous materials regulations, financial regulations, transparency on property transfer, to stronger regulatory enforcement. ...

Rov Hongseng
https://kiripost.com/stories/cambodia-real-estate-and-construction-sector-needs-reform-to-thrive

Number of factories in Cambodia grows from 64 in 1997 to 1,326 in 2023, says Prime Minister Hun Sen

During a meeting with nearly 20,000 workers and employees in the Royal Group Phnom Penh Special Economic Zone, on May 26, Prime Minister Hun Sen, said that Cambodia currently has 1,326 factories with more than 840,000 labor force across the country. ...

Khmer Times Staff
https://www.khmertimeskh.com/501297669/number-of-factories-in-cambodia-grows-from-64-in-1997-to-1326-in-2023-says-prime-minister-hun-sen/

Cambodia welcomes 1.29 million international visitors in Q1

Cambodia received 1.29 million international visitors in the first quarter, a remarkable increase of 709 percent from 159,546 over the same period in 2022. ...

Khmer Times Staff
https://www.khmertimeskh.com/501296318/cambodia-welcomes-1-29-million-international-visitors-in-q1/

Textile industry seeks solutions for circular economy

Government representatives and industry leaders in Cambodia are joining forces to explore opportunities for a circular textile economy, aiming to address the pressing challenges in waste management within the textile industry. ...

Seng Mengheng
https://kiripost.com/stories/cambodia-textile-industry-seeks-solutions-for-circular-economy

World Bank says Cambodia needs to diversify its tourism products and improve its trade competitiveness

Cambodia’s economy is on a recovery path, with growth predicted to accelerate to 5.5 per cent in 2023, led by manufacturing exports, according to a World Bank report. ...

Khmer Times Staff
https://www.khmertimeskh.com/501293706/world-bank-says-cambodia-needs-to-diversify-its-tourism-products-and-improve-its-trade-competitiveness/

Koh Kong’s first int’l seaport set for launch

Koh Kong province’s first international seaport, invested in and developed by Koh Kong Port Management Co Ltd, is scheduled to launch in the second half of the year, as a number of linked infrastructure works reach completion, according to provincial governor Mithona Phoutong. ...

Hin Pisei
https://www.phnompenhpost.com/business/koh-kongs-first-intl-seaport-set-launch

Construction contract inked for $1.5B Kampot port

Kampot Logistics and Port Co Ltd (KLP) on May 5 signed a construction contract with Chinese state-backed China Harbour Engineering Co Ltd (CHEC) for a $1.5 billion multi-purpose port in Kampot province’s Bokor town. ...

Post Staffs
https://www.phnompenhpost.com/national/construction-contract-inked-15b-kampot-port

Cambodian T&A industry needs to align product mix as per global trends

Cambodia’s Industrial Transformation Map for Textile and Apparel Industry 2023-2027 (T&A ITM) sees a need for the sector to align its product mix as per global sourcing trends, integrate backwards to reduce dependence on imports and diversify its market mix. ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501282182/cambodian-ta-industry-needs-to-align-product-mix-as-per-global-trends/

Measures needed to cope with future tourism influx

Mekong countries, including Cambodia, are not equipped for a major surge in international tourists as they struggle to recover from pandemic-fuelled job losses, a lack of skilled workers, and meet the rising demands of visitors, a regional tourism leader has warned. ...

Marissa Carruthers
https://kiripost.com/stories/cambodia-measures-needed-to-cope-with-future-tourism-influx

Mekong tourism forum held in Cambodia’s coastal city of Sihanoukville

The Mekong Tourism Forum 2023 kicked off Wednesday in Cambodia’s southwestern port city of Sihanoukville, attracting some 250 delegates from 19 countries and regions. ...

Khmer Times Staff
https://www.khmertimeskh.com/501280430/mekong-tourism-forum-held-in-cambodias-coastal-city-of-sihanoukville/

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