Industries
Manufacturing
CDC okays $2.38B of projects in Jan-Feb
The Council for the Development of Cambodia (CDC) has in the first two months of this year announced its approval of final registration certificates for 37 investment projects worth about $2.38 billion, an indication of significant progress in economic recovery as Covid-19 wanes. ...
Hom Phanet
https://www.phnompenhpost.com/business/cdc-okays-238b-projects-jan-feb
Cambodian garments, footwear and travel goods strategic plan to entice investors
Cambodia’s strategic plan on garment, footwear and travel goods development 2021-2024 will attract more investment and contribute to sustainable development in the sector, Ith Samheng, minister for labour and vocational training, told Okhna Kong Sang, president of Garment Manufacturers Association in Cambodia (GMAC) in Phnom ...
Khmer Times Staff
https://www.khmertimeskh.com/501039009/cambodian-garments-footwear-and-travel-goods-strategic-plan-to-entice-investors/
Banteay Meanchey unveils first steelworks
Pang Nakry Real Estate Co Ltd, a Cambodian-Chinese-Thai joint venture, on March 8 opened Banteay Meanchey province’s first steelworks, in the southwestern district of Malai, according to the provincial administration. ...
May Kunmakara
https://www.phnompenhpost.com/business/banteay-meanchey-unveils-first-steelworks
Cambodian garments, footwear and travel goods strategic plan to entice investors
Cambodia’s strategic plan on garment, footwear and travel goods development 2021-2024 will attract more investment and contribute to sustainable development in the sector, Ith Samheng, minister for labour and vocational training, told Okhna Kong Sang, president of Garment Manufacturers Association in Cambodia (GMAC) in Phnom ...
Khmer Times Staff
https://www.khmertimeskh.com/501039009/cambodian-garments-footwear-and-travel-goods-strategic-plan-to-entice-investors/
Cambodia plans to launch strategy to develop garment, bag and footwear sector
The Royal Government of Cambodia will soon launch a strategy to develop the garment, bag and footwear sector as a roadmap for promoting the development of the industry towards growth and competitiveness. ...
Khmer Times Staff
https://www.khmertimeskh.com/501033259/cambodia-plans-to-launch-strategy-to-develop-garment-bag-and-footwear-sector/
Cambodia’s garment export nets $11.3 billion in 2021
Despite facing challenges over raw material supplies, strict crossing border measures imposed by the deadly Covid-19, Cambodia’s garment sector saw the robust growth of export last year. ...
Chea Vanyuth
https://www.khmertimeskh.com/501025229/cambodias-garment-export-nets-11-3-billion-in-2021/
Unions looking for place within SEZ boundaries
Since just before the pandemic started, Chhoum Phen has changed his job more than five times within Hi-Tech Apparel, the garment factory he has worked at for more than five years. ...
Danielle Keeton-Olsen and Yon Sineat
https://vodenglish.news/unions-looking-for-place-within-sez-boundaries/
Cambodia’s garment, footwear, travel goods exports up 15.2 pct in 2021
Cambodia’s garment, footwear and travel goods industry has seen a 15.2 percent rise in exports in 2021, according to a report from the General Department of Customs and Excise on Saturday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501024109/cambodias-garment-footwear-travel-goods-exports-up-15-2-pct-in-2021/
Capital, businesses find ways to move factories to suburbs
The Phnom Penh Municipal Hall has been holding discussions with the Cambodia Trucking Association (CAMTA) and major businesses to find an efficient way of relocating factories and warehouses to the outskirts of Phnom Penh. ...
Lay Samean
https://www.phnompenhpost.com/national/capital-businesses-find-ways-move-factories-suburbs
Number of factories ticks up
Although economic hangovers persisted from 2020 – widely regarded as the worst year for Cambodia’s economic growth in more than two decades – the number of large-scale factories in operation managed to avoid slipping into a downtrend throughout 2021, according to Minister of Industry, Science, ...
Hin Pisei
https://www.phnompenhpost.com/business/number-factories-ticks
New GMAC chairman elected to develop textile industry
The Garment Manufacturers Association of Cambodia (GMAC) held its 15th Annual General Meeting on Saturday to announce the results of work done during the last term and elect a new chairman and executive committee members for the 2022-2023 term. ...
Yin Soeum
https://www.khmertimeskh.com/501007947/new-gmac-chairman-elected-to-develop-textile-industry/
Fabric imports for garment industry rises to $3.5 billion in first nine months of the year
The garment sector in Cambodia has shown good performance in terms of production, exports and growth in orders, while the import of fabrics for garment production increased by more than 25%. ...
Khmer Times Staff
https://www.khmertimeskh.com/50988017/fabric-imports-for-garment-industry-rises-to-3-5-billion-in-first-nine-months-of-the-year/
Bilateral trade with Japan up 12% to nearly $2B in Jan-Oct
Standing as one of the largest economies in Asia, Japan is quickly becoming a prime market for Cambodian goods. Even with both economies embroiled in the Covid-19 crisis, bilateral trade managed to reach $1.96424 billion in the first 10 months of 2020, climbing by 12.2 ...
May Kunmakara
https://www.phnompenhpost.com/business/bilateral-trade-japan-12-nearly-2b-jan-oct
China to help set up jab factory
China pledged to provide more vaccine assistance to Cambodia and to establish a production facility in the Kingdom as the Covid-19 situation remains uncertain with the emergence of new variants and no clear end in sight. ...
Voun Dara
https://www.phnompenhpost.com/national/china-help-set-jab-factory
Singapore goods flood Cambodian shores
Bilateral trade between Cambodia and Singapore totaled $4.37 billion in the first 10 months of 2021, a 51.27 per cent year-on-year surge from $2.89 billion, as reported by the Ministry of Commerce, despite Covid-related disruptions to manufacturing supply chains. ...
Hom Phanet
https://www.phnompenhpost.com/business/singapore-goods-flood-cambodian-shores
Gov’t rolls out 10th round of relief measures
The government has rolled out the 10th round of economic relief measures to manage the impact on key sectors from Covid-19 and the ongoing recovery process, and bolster economic growth during and after the crisis. ...
Nov Sivutha
https://www.phnompenhpost.com/business/govt-rolls-out-10th-round-relief-measures
Rubber exports bounce past $265M in first nine months
Cambodia exported 174,100 tonnes of rubber valued at $265.8 million in the first nine months of 2021, surging by 48,300 tonnes (38.4 per cent) in volume and $111.6 million (72.3 per cent) in value over January-September 2020, the General Department of Customs and Excise reported. ...
Nov Sivutha
https://www.phnompenhpost.com/business/rubber-exports-bounce-past-265m-first-nine-months
CDC signs off on seven factories
The Council for the Development of Cambodia (CDC) on October 22 announced that it has approved final registration certificates for seven new projects with capital investment of around $95 million, which could generate a reported 5,311 jobs. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-signs-seven-factories
S Treng eyes sticky rice cake status
The Stung Treng provincial Department of Culture and Fine Arts is looking into the possibility of registering Nom ansorm chrouk – sticky rice cakes filled with pork and wrapped in banana leaves – and several other dishes as food originating from the province. ...
Lay Samean
https://www.phnompenhpost.com/national/s-treng-eyes-sticky-rice-cake-status
GIZ launches climate action training course
GIZ fabric – a project of the German international development agency Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) to promote sustainability in the textile and garment industry in Asia – on October 18 launched the “Climate Action Training for the Fashion Industry” to support the industry’s ...
Ry Sochan
https://www.phnompenhpost.com/national/giz-launches-climate-action-training-course
Cambodia claims entire ownership of stolen crude oil loaded on MT Strovolos
Ministry of Mines and Energy has claimed that the stolen $21 million crude oil on MT Strovolos legally belongs to Cambodia, denying the news and declarations of owners and managers of the vessel. ...
Khmer Times Staff
https://www.khmertimeskh.com/50945269/cambodia-claims-entire-ownership-of-stolen-crude-oil-loaded-on-mt-strovolos/
Exports of rubber latex, wood rake in over $326M in Jan-Aug
Cambodia generated more than $326 million from the export of rubber latex and wood in the first eight months of this year, according to the Ministry of Agriculture, Forestry and Fisheries’ General Directorate of Rubber. ...
Thou Vireak
https://www.phnompenhpost.com/business/exports-rubber-latex-wood-rake-over-326m-jan-aug
Ministry of Labor sets $194 minimum wage for workers in 2022
Ministry of Labor and Vocational Training sets US $194 minimum wage for textile, garment, footwear, travel accessories and bags workers for 2022. ...
Long Kimmarita
https://www.postkhmer.com/national/2021-09-28-1150-224325.html
Garment sector wage negotiations resume today, workers may strike
The tripartite meetings to decide the 2022 garment factory minimum wage will resume today amid stalemated negotiations. Unions have warned of demonstrations if the talks do not result in a resolution. ...