Industries
Manufacturing
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/
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/
Toyota assembly plant in Phnom Penh to be launched next year
Toyota assembly plant at Phnom Penh Special Economic Zone will be inaugurated in 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501359265/toyota-assembly-plant-in-phnom-penh-to-be-launched-next-year/
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/
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/
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
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
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/
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/
Textile & Apparel SEA-Cambodia Summit 2024 to boost textile growth
The Textile and Apparel SEA-Cambodia Summit 2024 is set to take place in Phnom Penh from March 14–15, 2024. The summit aims to address trends in the Southeast Asia region, focusing on themes like policy, sourcing strategy, supply chain digitisation, local factories, and sustainable development. ...
Khmer Times Staff
https://www.khmertimeskh.com/501345737/textile-apparel-sea-cambodia-summit-2024-to-boost-textile-growth/
Negotiations for garment workers’ pay rise get underway
The Ministry of Labour and Vocational Training (MLVT) and National Council of Minimum Wage launched a negotiation on Wednesday on the monthly minimum wage for workers in the garment, footwear, and travel goods (GFT) sector for 2024. ...
Yatt Malai
https://kiripost.com/stories/negotiations-for-garment-workers-pay-rise-get-underway
Wage hike talks for garment sector begin amid market demand slowdown
Cambodia’s national council on minimum wage yesterday started the talks on the increase in monthly minimum wages for the garment, footwear and travel goods industry for 2024. ...
Chea Vanyuth
https://www.khmertimeskh.com/501344157/wage-hike-talks-for-garment-sector-begin-amid-market-demand-slowdown/
Cambodia GFT exports at $6.27 billion in 7 months
Cambodia’s biggest export-earning segment of garments, footwear and travel (GFT) goods extended its lean patch into the seventh month of the year, as the exports recorded a decline of 20.44 percent in the January to July period of 2023. ...
Manoj Mathew
https://www.khmertimeskh.com/501342930/cambodia-gft-exports-at-6-27-billion-in-7-months/
Canada imports nearly 769,000 knitted coats from Cambodia
Canada imported nearly 769,000 knitted coats from the Kingdom during the January-May period of the current year, according to a website, which tracks the developments in the textile industry. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501342646/canada-imports-nearly-769000-knitted-coats-from-cambodia/
Toyota to produce auto wire harness in Poipet
Japan’s global enterprise Toyota Tsusho Corporation (Toyota Tsusho) plans to establish another factory to produce automotive wire harness in Cambodia, said the Council for the Development of Cambodia (CDC) in a statement. ...
Kang Sothear
https://www.khmertimeskh.com/501339087/toyota-to-produce-auto-wire-harness-in-poipet/