Industries

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/

Ministry, WCS collaborate on ecotourism potential

Minister of Environment Eang Sophalleth stated that the ministry is carefully pursuing the implementation of ecotourism as its primary focus. ...

Bor Pich Zelin
https://www.phnompenhpost.com/national/ministry-wcs-collaborate-ecotourism-potential

Ministry, WCS collaborate on ecotourism potential

Minister of Environment Eang Sophalleth stated that the ministry is carefully pursuing the implementation of ecotourism as its primary focus. ...

Bor Pich Zelin
https://www.phnompenhpost.com/national/ministry-wcs-collaborate-ecotourism-potential

MoT’s ‘100-day strategy’ plans to attract 5 million int’l tourists

The Ministry of Tourism has set a new strategy known as ‘BUILD plus 3Ds’ to attract more international tourists and ensure the target set by the new government to achieve at least five million international travellers into the Kingdom by the end of this year. ...

Nheng Chamrong
https://www.khmertimeskh.com/501358563/mots-100-day-strategy-plans-to-attract-5-million-intl-tourists/

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/

International airports welcome 3.4M passengers in eight months

International airports in Phnom Penh, Siem Reap and Sihanoukville welcomed a combined 3.4 million passengers in the eight-month period of this year, a staggering 180 percent increase over the same period in 2022, a senior official at the State Secretariat of Civil Aviation said. ...

Chea Vanyuth
https://www.khmertimeskh.com/501358752/international-airports-welcome-3-4m-passengers-in-eight-months/

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/

Cambodia records 180 percent rise in air passengers in first eight months

Cambodia registered 3.4 million air travelers during the first eight months of 2023, a year-on-year increase of 180 percent, said a report released by the State Secretariat of Civil Aviation on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501358488/cambodia-records-180-percent-rise-in-air-passengers-in-first-eight-months/

Ministry of Tourism introduces six points to improve the quality of tourism products on the occasion of Pchum Ben

The Ministry of Tourism has introduced six points to the Capital-Provincial Department of Tourism to improve the quality of tourism products on the occasion of the traditional Pchum Ben festival on October 13-14-15, 2023. ...

Khmer Times Staff
https://www.khmertimeskh.com/501356703/ministry-of-tourism-introduces-six-points-to-improve-the-quality-of-tourism-products-on-the-occasion-of-pchum-ben/

Restoration team shows commitment to restoring ancient temples using traditional techniques

The restoration team shows commitment to restoring ancient temples using traditional techniques, said the APSAR National Authority in a news release yesterday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501355642/restoration-team-shows-commitment-to-restoring-ancient-temples-using-traditional-techniques/

Only $54M of SME Bank’s $150M tourism loans taken

Loans worth $54.2 million were approved by state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) for 350 businesses under the Tourism Recovery Co-Financing Scheme (TRCS) as of August 31, 2023. ...

Hin Pisei
https://phnompenhpost.com/business/only-54m-sme-banks-150m-tourism-loans-taken

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

Angkor park sees growth in foreign ticket sales of $23M from Jan-Aug

According to Angkor Enterprise, 498,513 foreign tourists visited the park, which is an increase of 350.9 per cent from the same period in 2022, pushing up ticket revenue by 420 per cent year-on-year to $23.1 million. ...

Hin Pisei
https://phnompenhpost.com/business/angkor-park-sees-growth-foreign-ticket-sales-23m-jan-aug

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

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