Industries

Manufacturing

1,200 jobs to be created by shoe factory in Kandal province

L.Y. Footwear (Cambodia) Co., Ltd. has been given the green light to invest in the manufacturing of all forms of footwear, according to a press release of the Council for the Development of Cambodia (CDC). ...

Khmer Times Staff
https://www.khmertimeskh.com/50718289/1200-jobs-to-be-created-by-shoe-factory-in-kandal-province/

Cambodia says 77 new factories open in Q1 amid COVID-19 pandemic with six closures

Some 77 new factories, including 34 garment, footwear, and travel goods factories, had opened in Cambodia in the first quarter of 2020 despite the COVID-19 pandemic, a spokesman said, amid the closure of six factories, leaving more than 6,000 workers without a job. ...

Khmer Times Staff
https://www.khmertimeskh.com/50716659/cambodia-says-77-new-factories-open-in-q1-amid-covid-19-pandemic-with-six-closures/

Covid-19: A global approach to protecting garment workers in supply chains as Cambodia faces up to 500,000 job losses

The Garment Manufacturers Association in Cambodia (GMAC) has stated approximately 60 percent of its factories have been severely affected by cancelled orders of ready-made garment exports, due to the COVID-19 pandemic. ...

Khmer Times Staff
https://www.khmertimeskh.com/50716165/covid-19-a-global-approach-to-protecting-garment-workers-in-supply-chains-as-cambodia-faces-up-to-500000-job-losses/

Unemployed to get $40 per month

The Ministry of Labour and Vocational Training has instructed enterprises, business owners and travel agencies in five provinces to prepare the proper forms for the suspension of employment contracts.​   ...

Long Kimmarita
https://www.phnompenhpost.com/national/unemployed-get-40-month

CDC okays five projects to create 6,373 jobs

The Council for the Development of Cambodia (CDC) issued final registration certificates to five investment projects between April 13-17 worth more than $24 million and which are expected to generate 6,373 jobs.​ ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-five-projects-create-6373-jobs

Record-low oil prices to to continue

A grim report on the world economy by the International Monetary Fund (IMF) yesterday caused oil prices to continue to slide, with international prices hitting the lowest level since 2002 as planned output cuts were deemed insufficient to offset a COVID-19-fuelled slump in demand. ...

Harrison White
https://www.khmertimeskh.com/50713728/record-low-oil-prices-to-to-continue/

90 percent of garment workers turn up for duty on New Year’s Day

The Labour Ministry said more than 90 percent of garment factory workers reported for work on the first day of Khmer New Year yesterday. ...

Sen David
https://www.khmertimeskh.com/50712802/90-percent-of-garment-workers-turn-up-for-duty-on-new-years-day/

Each laid-off worker to get $70 a month

Prime Minister Hun Sen said the government has decided to provide $70 a month for each worker once their factories temporarily suspended their operations due to COVID-19 pandemic. ...

Sen David
https://www.khmertimeskh.com/50710752/each-laid-off-worker-to-get-70-a-month/

Half a million workers already affected by cancelled orders

The Garment Manufacturers Association in Cambodia (GMAC) has stated approximately 60 percent of its factories have been severely affected by cancelled orders of ready-made garment exports, due to the COVID-19 pandemic. ...

Sok Chan
https://www.khmertimeskh.com/50710646/half-a-million-workers-already-affected-by-cancelled-orders/

Green light for $161M Kandal brewery

The Council for the Development of Cambodia (CDC) last week approved a $160.6 million brewery in Chhak Chhoeu Neang commune’s Trapaing Veng village in Kandal province’s Ang Snuol district. ...

Thou Vireak
https://www.phnompenhpost.com/business/green-light-161m-kandal-brewery

Cambodia-U.S trade volume up by 33 percent to US$585 million in January

Bilateral trade between Cambodia and the U.S. were valued at US$585 million in January 2020, up 33 percent compared to the same period last year. ...

Khmer Times Staff
https://www.khmertimeskh.com/50708596/cambodia-u-s-trade-volume-up-by-33-percent-to-us585-million-in-january/

Government permits tax exemptions on specific goods

The government has issued income tax exemptions for the textile and garment, footwear and luggage sectors that produced export goods hit by the European Union’s 20 percent Everything but Arms (EBA) tariff-free status withdrawal in February. ...

Sok Chan
https://www.khmertimeskh.com/50706195/government-permits-tax-exemptions-on-specific-goods/

Covid-19 brings chaos to textile industry

The Garment Manufacturers Association in Cambodia (GMAC) on Tuesday urged factories not to suspend shipments of goods that have already been produced as well as those in production.​ ...

May Kunmakara
https://www.phnompenhpost.com/business/covid-19-brings-chaos-textile-industry

GMAC: European and American markets have announced a suspension on garment exports from Cambodia

Some foreign garment buyers have notified garment factories in Cambodia for a suspension on the shipment of garment exports from Cambodia to European and US markets due to the effects of the COVID-19 outbreak. The statement comes after the recent arrival of raw materials from ...

Three investment projects to create 2,000 jobs

The Council for the Development of Cambodia has approved three investment projects with a total capital of US$7 million. ...

Khmer Times Staff
https://www.khmertimeskh.com/50702925/three-investment-projects-to-create-2000-jobs/

1,000 containers with raw material offer relief to Kingdom’s factories

Prime Minister Hun Sen on Saturday announced the arrival of 12 ships containing more than 1,000 containers of raw materials from China at Sihanoukville Autonomous Port to supply struggling garment factories in the Kingdom. ...

Sen David
https://www.khmertimeskh.com/50702057/1000-containers-with-raw-material-offer-relief-to-kingdoms-factories/

COVID-19 impacts garment workers in Cambodia

The global outbreak of the Coronavirus is slowing down the economy and threatens to eliminate thousands of jobs in the global supply chain in South East Asia, particularly in Cambodia as one of the most affected countries in the region. ...

Khmer Times Staff
https://www.khmertimeskh.com/50701601/covid-19-impacts-garment-workers-in-cambodia/

Loan repayment suspension of garment workers get the nod

Garment workers whose jobs suspended due to raw material shortages are now allowed to delay their loan repayments to the commercial banks and microfinance institutions (MFIs). ...

Khmer Times Staff
https://www.khmertimeskh.com/50700950/loan-repayment-suspension-of-garment-workers-get-the-nod

Ban on trucks lifted amid materials shortage

City Hall is temporarily allowing trucks to transport goods during daytime in the capital to facilitate the much-needed flow of raw materials from Sihanoukville to garment factories in Phnom Penh, according to GMAC. ...

Sen David
https://www.khmertimeskh.com/50700791/ban-on-trucks-lifted-amid-materials-shortage

PAS recieves 200 container lifeline

Garment factories in the Kingdom have been handed a lifeline as nearly 200 containers arrived at Sihanoukville Autonomous Port (PAS) on Monday to ease the shortage of raw materials in the sector. ...

Thou Vireak
https://www.phnompenhpost.com/business/pas-recieves-200-container-lifeline

CDC: Investment in Kingdom stable

The Council for the Development of Cambodia (CDC) approved four projects, worth a combined $17.4 million, during the first 10 days of February. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-investment-kingdom-stable

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