Industries

More than 100 hotels and guesthouses in Siem Reap province permanently ceased operations while 230 others announced indefinite suspensions amid the COVID-19 pandemic, the provincial hall revealed yesterday. ...

Cambodia’s Angkor Archeological Park received 386,093 foreign tourists during the first five months of 2020 down by 64 percent over the same period last year. ...

Cambodian has seen 256 garment, footwear and travel goods factories in Cambodia suspending their operations due to the COVID-19 pandemic, affecting more than 130,000 workers. ...

Greenrich Group Co., Ltd. investing in Koh Kong province has exported over 110,000 tonnes of wood strips. The update was provided by the company’s representative Mr. Rattana to Veng Sakhon, Minister of Agriculture, Forestry and Fisheries, and Mrs. Mithona Phouthorng, Governor of Koh Kong province ...

Preah Sihanouk provincial governor Kuoch Chamroeun held a meeting on Wednesday with the Prek Kampong Smach fisheries management team and advised officials to create a working group to study economic data from the area and promote ecotourism. ...

The government has approved a request by the Garment Manufacturers Association in Cambodia (GMAC) for garment factories to produce all kinds of face masks, medical equipment and protective clothing for both domestic consumption and export. ...

Nearly 2,000 garment workers are now in limbo after their employer You Li International Garment Co Ltd in Svay Rieng province’s Bavet city announced a suspension of operations as clothing orders dry up amid the coronavirus pandemic. ...

The Garment Manufacturers Association (GMAC) in Cambodia has reiterated an appeal to buyers to source their goods from Cambodia as the economic situation becomes worse with nearly 200 factories suspending their operations because of the COVID-19 pandemic. ...

Workers Unions representing over 10,000 workers in the Kingdom have requested the government an increase in minimum wage to $250 per month for garment workers, an augmentation of $60 in wage compared to the original stipend imposed in 2020.​ ...

Cambodia’s exports of garment and footwear products are expected to drop from 50 to 60 percent due to the impact of COVID-19 crisis during the second trimester of 2020. ...

Hundreds of garment factories in Cambodia and elsewhere in Asia are facing serious financial problems because clothing brands have either canceled their orders or stopped placing new ones over the past several weeks.  ...

L.Y. Footwear (Cambodia) Co., Ltd. has been given the green light to invest in the manufacturing of all forms of footwear, according to a press release of the Council for the Development of Cambodia (CDC). ...

Some 77 new factories, including 34 garment, footwear, and travel goods factories, had opened in Cambodia in the first quarter of 2020 despite the COVID-19 pandemic, a spokesman said, amid the closure of six factories, leaving more than 6,000 workers without a job. ...

The Garment Manufacturers Association in Cambodia (GMAC) has stated approximately 60 percent of its factories have been severely affected by cancelled orders of ready-made garment exports, due to the COVID-19 pandemic. ...

Tourism industry insiders have called on the government to discuss the possibility of delaying interest and principal repayments for businesses within the sector that have been economically destroyed by COVID-19. ...

The Ministry of Labour and Vocational Training has instructed enterprises, business owners and travel agencies in five provinces to prepare the proper forms for the suspension of employment contracts.​   ...

The Council for the Development of Cambodia (CDC) issued final registration certificates to five investment projects between April 13-17 worth more than $24 million and which are expected to generate 6,373 jobs.​ ...

Property watchers have long noticed that weekends, at this time of the year, are a prime times for people seeking to buy or rent homes, but this year it’s different. ...

A grim report on the world economy by the International Monetary Fund (IMF) yesterday caused oil prices to continue to slide, with international prices hitting the lowest level since 2002 as planned output cuts were deemed insufficient to offset a COVID-19-fuelled slump in demand. ...

In the first three months of this year, the Ministry of Public Works and Transport has implemented the Procurement Agreement on Bridge and Road repairs by allocating financial credits from last year for 12 projects at a cost of 50 billion riel ($12.4 million). ...

The Labour Ministry said more than 90 percent of garment factory workers reported for work on the first day of Khmer New Year yesterday. ...

Prime Minister Hun Sen said the government has decided to provide $70 a month for each worker once their factories temporarily suspended their operations due to COVID-19 pandemic. ...

The Garment Manufacturers Association in Cambodia (GMAC) has stated approximately 60 percent of its factories have been severely affected by cancelled orders of ready-made garment exports, due to the COVID-19 pandemic. ...

Sale prices of Phnom Penh landed property (borey) units showed no sign of slowing down in the past six months. Driven by strong local demand, the average quoted prices accelerated across all unit types, according to the first quarter report from CBRE, a commercial real ...