Industries

The government has reduced taxes on rubber exports to minimise the impact of a fall in the international price of the commodity. ...

The Ministry of Labour and Vocational Training on Friday issued a call for the implementation of the suspension of employment contracts for all garment and textile factories in the Kingdom affected by the shortage of raw materials, resulting from Covid-19. ...

The Sihanoukville Autonomous Port revealed more than 200 containers of raw materials arrived from China yesterday, adding two more ships carrying raw materials are en route. The shipments are projected to fill the shortage in raw materials in the Kingdom that has paralysed production for ...

The garment and footwear industries in the Kingdom have been given a new lease of life, thanks to the arrival of raw materials from China. ...

More than 800 garment workers in Kandal’s Khsach Kandal district protested on Wednesday to demand their last wages and severance pay after the company suspended its operation due to the shortage of raw material.​ ...

TST Group Holding, the Taipei-listed major textile producer, has announced plans to expand its business operations in Cambodia to assist in the current lack of textiles imports because of the Novel Coronavirus. ...

Despite no new cases of COVID-19 reported in Cambodia since January, the government is planning new measures to tackle the financial effect the virus continues to have on the country.   ...

Two-hundred factories could suspend their production this month due to a lack of raw materials imported from China, a Labor Ministry spokesman said. ...

Cambodia’s famed Angkor Archeological Park received 341,494 foreign tourists in the first two months of 2020, down 37 percent over the same period last year. ...

Property and land prices are set to rise in Lvea Aem district’s Kandal province following the  government’s announcement of their future plan to partially integrate the area into a new district within Phnom Penh. ...

The French Chamber of Commerce and Industry (FCCI) in Cambodia has endorsed the government’s measures to address a decline in tourist numbers in Siem Reap. ...

A ranking Chinese Chamber of Commerce official has revealed to Khmer Times that China may prioritise supply Cambodia for its immediate raw materials need to allow the factories here to continue operating.   ...

Three ministries have set up a joint team to monitor the manufacturing sector’s compliance with existing regulations, including workplace conditions, in a bid to avoid overlapping inspections. ...

The State Secretariat of Civil Aviation has recorded a declining number of foreign visitors coming into the Kingdom in the midst of novel coronavirus fears.​​​​​ ...

The General Department of Customs and Excise (GDCE) on Friday issued a set of measures to help the ailing shipping and garment sectors as the supply of raw materials from China dries up. ...

Ministry of Environment spokesman Neth Pheaktra has announced that four ministries have issued two separate inter-ministerial prakas to create a joint inspection group to look into the manufacturing and tourism sectors to strengthen the effectiveness of work, transparency and accountability.   ...

At least 10 factories have filed for temporary suspension as the supply of raw materials from China dries up, the Ministry of Labour and Vocational Training said on Thursday. This could affect the livelihoods of as many as 3,000 workers. ...

Garment factory workers are seeing their working hours cut amid China’s coronavirus scare and the EU’s announcement that it will partially withdraw Cambodia’s trade privileges. ...

Cambodia earned around $4.91 billion, up 12.4 percent year-on-year from international tourism receipts last year, with 6.61 million international visitors, according to the latest report from the Ministry of Tourism. ...

Prime Minister Hun Sen yesterday urged Chinese Ambassador Wang Wentian to look into the possibility of exporting raw materials by air and sea to the Kingdom in order to prevent job losses resulting from a suspension in the operation of garment factories. ...

The Ministry of Economy and Finance on Tuesday issued two separate letters to its General Department of Taxation (GDT) and its General Department of Customs and Excise (GDCE) ordering immediate action to mitigate risk to the Kingdom’s economy. ...

The government has decided to exempt the 4 percent stamp tax on all residential properties valued less than $70,000 until January to contribute to sustaining the country’s economic growth. ...

Prime Minister Hun Sen announced yesterday that all registered hotels and guesthouses in Siem Reap will be exempt of all taxes from February until May this year.   ...

The government has announced that it is preparing to develop a special tourism area in the coastal province of Sihanoukville. In a move to diversify its tourism offerings, citing a need to boost tourism flow into the area. ...