Industries
Tariffs anew for exports to US as GSP lapses
Cambodian importers and buyers of the Kingdom’s travel goods to the US are now required to pay import duties as the latter’s Generalised System of Preferences (GSP) preferential tariff system expired on December 31 and is awaiting renewal by Congress. ...
May Kunmakara
https://www.phnompenhpost.com/business/tariffs-anew-exports-us-gsp-lapses
Gov’t gives $23mil to workers who lost jobs over pandemic
A total of $23 million has been given out to those affected by the closure of businesses in the tourism industry and garment factories due to the COVID-19 pandemic. ...
Sen David
https://www.khmertimeskh.com/50800806/govt-gives-23mil-to-workers-who-lost-jobs-over-pandemic/
Cambodia’s rubber export reach $459 million in 2020
Cambodia exported some 340,000 tonnes of rubber in 2020 generating $459 million for the national income. ...
Khmer Times Staff
https://www.khmertimeskh.com/50800901/cambodias-rubber-export-reach-459-million-in-2020/
New Year’s Eve attracts 700,000 tourists nationwide
The Ministry of Tourism announced today that on New Year’s Eve there were 699,724 tourists throughout the country, with 697,066 being Cambodian nationals and 2,658 foreigners. ...
Sen David
https://www.khmertimeskh.com/50799894/new-years-eve-attracts-700000-tourists-nationwide/
Over 110 garment factories close
A government official said on November 22 that at least 110 garment factories had closed in the first nine months of the year and left more than 55,000 workers without jobs – but union leaders worry those numbers could be much higher. ...
Mom Kunthear
https://www.phnompenhpost.com/national/over-110-garment-factories-close
Tourism seaport project to be developed in Koh Tonsay, the Rabbit island
A tourism seaport project is unveiled to be constructed in Koh Tonsay (Rabbit Island), Kep province as the environmental and social impact assessment (ESIA) has started. Ms. Ol Phirun, Deputy Governor of Kep province, said that the tourism seaport is an ADB-backed project and a ...
Khmer Times staff
https://www.khmertimeskh.com/50784372/tourism-seaport-project-to-be-developed-in-koh-tonsay-the-rabbit-island/
Another four Eco-Tourism areas targeted for development
Cambodia is pushing comprehensive development packages for four other potential ecotourism communities to attract more tourists to the country. ...
Khmer Times Staff
https://www.khmertimeskh.com/50769496/another-four-eco-tourism-areas-targeted-for-development/
News Analysis: GMAC lawsuit opens old wounds for unknown benefits
The decision by the Garment Manufacturers Association of Cambodia (GMAC) to file a lawsuit against the European Commission (EC) has reignited the ongoing struggle between Cambodia and the European Union (EU) to promote bilateral trade and uphold a political agenda. ...
Harrison White and Sok Chan
https://www.khmertimeskh.com/50769181/news-analysis-gmac-lawsuit-opens-old-wounds-for-unknown-benefits/
Nearly 13,000 suspended workers to receive cash allowance payments
The Ministry of Labour and Vocational Training has so far provided 30 cash handouts to workers in the garment and tourism sectors, with this week’s number totalling to almost 13,000 workers. ...
Mom Kunthear
https://www.phnompenhpost.com/national/nearly-13000-suspended-workers-receive-cash-allowance-payments
Higher budgets and more skills ‘needed to embrace digital transformation’
Cambodia is at risk of “getting left behind” if it doesn’t invest more in a digitally skilled workforce as local companies look to improve their business process and customer experience through “digital transformation”, according to a panel discussion on an industrywide survey. ...
Harrison White
https://www.khmertimeskh.com/50765233/higher-budgets-and-more-skills-needed-to-embrace-digital-transformation/
New manufacturing firms provide much-needed jobs
More foreign investment is being injected into Cambodia after a manufacturing company announced a new production line and an opening of more than 1,000 new jobs in Kampong Speu province. ...
Jason Boken
https://www.khmertimeskh.com/50764902/new-manufacturing-firms-provide-much-needed-jobs/
Pchum Ben provides boost in tourism across Kingdom
According to a Ministry of Tourism report released today, over 450,000 people were reported to have visited tourist destinations across Cambodia yesterday, in a massive boost for the Kingdom’s hard-hit sector. ...
Dina Huon
https://www.khmertimeskh.com/50764441/pchum-ben-provides-boost-in-tourism-across-kingdom/
High oil tax ‘a burden’ on development
The high-rate of special tax of 10-25 percent on oil for production is one of the burdens facing the advancement of manufacturing industries in Cambodia that have a target to increase added-value by using machinery in the production chain, according to the Japanese Business Association ...
Sorn Sarath
https://www.khmertimeskh.com/50764153/high-oil-tax-a-burden-on-development/
$2.7 million of investment welcome in times of need
Logwood Apparel Co Ltd has been given the go-ahead from the Council for the Development of Cambodia (CDC) to build a factory in Kandal Stung district, Kandal province. The newly-approved project with a total investment of $2.7 million covers the production of clothes and medical ...
Jason Boken
https://www.khmertimeskh.com/50764132/2-7-million-of-investment-welcome-in-times-of-need/
Next year’s minimum wage set at $190
The National Council on Minimum Wage has set the 2021 minimum wage at $190 per month for workers in the textile, garment, and footwear industries, according to the Ministry of Labour. ...
Dina Huon
https://www.khmertimeskh.com/50762874/next-years-minimum-wage-set-at-190/
Minimum wage to be decided
The National Council on Minimum Wage will decide on a wage increase for workers in the garment, footwear, textile and travel product sectors at a meeting on Thursday after a figure could not be reached at a tripartite meeting on Wednesday. ...
Mom Kunthear
https://www.phnompenhpost.com/national/minimum-wage-be-decided
Construction inspectors appointed
The Ministry of Land Management, Urban Planning and Construction has appointed 362 inspectors to monitor, observe, research, inspect, collect evidence, and promote the implementation of construction laws throughout the Kingdom. Civil society organisations have voiced support for the action, but emphasise enforcement must be carried ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/construction-inspectors-appointed
Factory workers seek help as ministry says owner did not file notice
While hundreds of workers from the shuttered Violet Apparel factory submitted a petition to the European Union’s Delegation to Cambodia seeking help securing unpaid benefits, a ministry official has said that the factory’s owner has not filed the necessary paperwork exempting him from paying workers. ...
Khy Sovuthy
https://cambojanews.com/factory-workers-seek-help-as-ministry-says-owner-did-not-file-notice/
Kingdom set to diversify economy as Covid bites
Cambodia is moving towards developing non-textile industries with a policy calling for sustainable growth and economic diversification. To ensure progress, the government will continue implementation of the Cambodia Industrial Development Policy 2015-2025, said a press release on the results of a Cabinet meeting chaired by Prime ...
Thou Vireak
https://www.phnompenhpost.com/business/kingdom-set-diversify-economy-covid-bites
Unions propose $12.35 minimum wage increase
Unions’ workers will propose a new minimum wage for 2021 of $203.35 per month in the next National Council on Minimum Wage’s (NCMW) meeting. ...
Huon DIna
https://www.khmertimeskh.com/50761572/unions-propose-12-35-minimum-wage-increase/
PM releases $150 million for road infrastructure in Siem Reap
Prime Minister Hun Sen has announced a $150 million budget to build 38 roads in Siem Reap province that will improve people’s livelihoods and boost national economic growth after the COVID-19 ends. ...
Sorn Sarath
https://www.khmertimeskh.com/50760761/pm-releases-150-million-for-road-infrastructure-in-siem-reap/
Unions call for minimum wage to be raised by over $11
Unions are set to demand that workers minimum wage is raised by $11.59 at the National Council on Minimum Wage due to be held at the Ministry of Labour today. ...
Huon Dina
https://www.khmertimeskh.com/50760085/unions-call-for-minimum-wage-to-be-raised-by-over-11/
Silk initiative reels in extra income for students
Representatives from six universities in Cambodia and the Ministry of Education, together with a member of the World Bank discussed ways to help students to make some money related to the agriculture sector, processing and related work. ...
Sok Chan
https://www.khmertimeskh.com/50757496/silk-initiative-reels-in-extra-income-for-students/
Tourist number reach over 1.4 million during holiday
Cambodia recorded more than 1.4 million tourists within the five days of Khmer New Year Holiday, according to the report of the Ministry of Tourism. ...
Va Sonyka
https://www.khmertimeskh.com/50755916/tourist-number-reach-over-1-4-million-during-holiday/