Industries
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’s Prime Minister Dr Hun Manet says minimum wage of workers in GFT sector will continue to increase
Cambodia recently confirmed continuing minimum wage hikes for workers in the garment, footwear, and travel goods sector. ...
Khmer Times Staff
https://www.khmertimeskh.com/501353535/cambodias-prime-minister-dr-hun-manet-says-minimum-wage-of-workers-in-gft-sector-will-continue-to-increase/
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
Siem Reap’s new airport targets more airlines, destinations
All 16 airlines operating now from the old airport of Siem Reap will continue to operate from the new airport on its opening on October 16 even as efforts are made to bring more airlines to the new facility with additional destinations, said Lu Wei, ...
Nhean Chamrong
https://www.khmertimeskh.com/501349944/siem-reaps-new-airport-targets-more-airlines-destinations/
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/
Minister of Tourism sets out three strategic goals for tourism development
The new Minister of Tourism Sok Soken has set out three strategic goals to achieve this vision to develop the tourism sector in Cambodia. ...
Siem Reap tourism firms work to boost visitors
Around 100 tourism operators, as well as provincial leaders and officials, gathered in Siem Reap recently to strategise attracting more international tourists, as the provincial airport’s mid-October opening approaches. ...
Chea Sokny
https://www.phnompenhpost.com/business/siem-reap-tourism-firms-work-boost-visitors
Cambodia attracts three million international tourists in seven months
Cambodia recorded some 3.03 million international visitors in the first seven of 2023, a sharp increase of 308 percent from 743,459 over the same period last year, a Ministry of Tourism’s report showed on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501348457/cambodia-attracts-three-million-international-tourists-in-seven-months/
Digital technology adoption by Cambodia’s tourism MSMEs
The current state and role of digital technology adaptation in tourism-related micro, small and medium enterprises (MSMEs) in Cambodia in 2023 have been reported by the Cambodia Development Resource Institute (CDRI), under the support of the Asia Foundation. ...
Yatt Malai
https://kiripost.com/stories/digital-technology-adoption-by-cambodia-tourism-msmes
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/