Industries

Master plan for Ream City given nod

Canopy Sands Development Co Ltd, a member of Prince Holding Group, one of Cambodia’s largest and fastest-growing conglomerates, approved a master plan to develop Preah Sihanouk province’s Ream bay into the $16 billion Ream City. ...

May Kunmakara
https://www.phnompenhpost.com/business/master-plan-ream-city-given-nod

Kampot tourism sees increase from 2019

Domestic tourism in Kampot province increased last year compared to 2019, despite the COVID-19 pandemic, the director of the provincial council said yesterday. ...

Buth Sela
https://www.khmertimeskh.com/50808342/kampot-tourism-sees-increase-from-2019/

Kampot karsts listed as natural heritage sites

Three areas in Kampot province are now inscribed on the natural heritage list including Phnom Totong, Phnom Toch and Phnom Preah Kuhear Luong (Luong Cave). ...

Buth Sela
https://www.khmertimeskh.com/50807839/kampot-karsts-listed-as-natural-heritage-sites/

Steel imports drop, exports up

Cambodia imported iron and steel worth $281.06 million last year, down 41.11 per cent from 2019’s $477.26 million and exported $6.20 million, rocketing 351 per cent from $1.37 million, according to the Ministry of Commerce. ...

Hin Pisei
https://www.phnompenhpost.com/business/steel-imports-drop-exports

Agrifirm bags MoU for Siem Reap produce

Agro-industrial firm LY LY Food Industry Co Ltd on January 22 signed a memorandum of understanding (MoU) with Siem Reap-based wholesaler Food and Agriculture Market (FAM) to supply it with fruits and vegetables. The signing ceremony was presided over by Minister of Commerce Pan Sorasak ...

Thou Vireak
https://www.phnompenhpost.com/business/agrifirm-bags-mou-siem-reap-produce

ADB: Adapting to 4IR will boost garments, tourism

A study conducted by the Asian Development Bank (ADB) recommended that Cambodia develop industry transformation maps in key sectors to enable transitions under the fourth industrial revolution (4IR). This should be accompanied by adequate investment in skills development for new and repositioned jobs. ...

Niem Chheng
https://www.phnompenhpost.com/national/adb-adapting-4ir-will-boost-garments-tourism

MoE on the lookout for biodiverse ecotourism spots

The Ministry of Environment and Tour Guides Association are working together to identify potential ecotourism spots in protected areas. ...

Sen David
https://www.khmertimeskh.com/50804348/moe-on-the-lookout-for-biodiverse-ecotourism-spots/

Cambodia a safe tourist destination as WHO praises C-19 pandemic impact management

Cambodia is a safe tourist destination with the Kingdom ranked by the World Health Organization (WHO) as among the top nations in the world with the best COVID-19 containment and impact management.​ .. ...

Buth Sela
https://www.khmertimeskh.com/50803895/cambodia-a-safe-tourist-destination-as-who-praises-c-19-pandemic-impact-management/

112 garment factories open in 2020

In a tumultuous period for the garment industry, the year 2020 brought the closure of 129 factories in the Kingdom, affecting over 70,000 workers while 112 new factory openings created more than 20,000 jobs. ...

Mom Kunthear
https://www.phnompenhpost.com/national/112-garment-factories-open-2020

Tariffs anew for exports to US as GSP lapses

Cambodian importers and buyers of the Kingdom’s travel goods to the US are now required to pay import duties as the latter’s Generalised System of Preferences (GSP) preferential tariff system expired on December 31 and is awaiting renewal by Congress. ...

May Kunmakara
https://www.phnompenhpost.com/business/tariffs-anew-exports-us-gsp-lapses

Gov’t gives $23mil to workers who lost jobs over pandemic

A total of $23 million has been given out to those affected by the closure of businesses in the tourism industry and garment factories due to the COVID-19 pandemic. ...

Sen David
https://www.khmertimeskh.com/50800806/govt-gives-23mil-to-workers-who-lost-jobs-over-pandemic/

Cambodia’s rubber export reach $459 million in 2020

Cambodia exported some 340,000 tonnes of rubber in 2020 generating $459 million for the national income. ...

Khmer Times Staff
https://www.khmertimeskh.com/50800901/cambodias-rubber-export-reach-459-million-in-2020/

New Year’s Eve attracts 700,000 tourists nationwide

The Ministry of Tourism announced today that on New Year’s Eve there were 699,724 tourists throughout the country, with 697,066 being Cambodian nationals and 2,658 foreigners. ...

Sen David
https://www.khmertimeskh.com/50799894/new-years-eve-attracts-700000-tourists-nationwide/

Over 110 garment factories close

A government official said on November 22 that at least 110 garment factories had closed in the first nine months of the year and left more than 55,000 workers without jobs – but union leaders worry those numbers could be much higher. ...

Mom Kunthear
https://www.phnompenhpost.com/national/over-110-garment-factories-close

Tourism seaport project to be developed in Koh Tonsay, the Rabbit island

A tourism seaport project is unveiled to be constructed in Koh Tonsay (Rabbit Island), Kep province as the environmental and social impact assessment (ESIA) has started. Ms. Ol Phirun, Deputy Governor of Kep province, said that the tourism seaport is an ADB-backed project and a ...

Khmer Times staff
https://www.khmertimeskh.com/50784372/tourism-seaport-project-to-be-developed-in-koh-tonsay-the-rabbit-island/

Another four Eco-Tourism areas targeted for development

Cambodia is pushing comprehensive development packages for four other potential ecotourism communities to attract more tourists to the country. ...

Khmer Times Staff
https://www.khmertimeskh.com/50769496/another-four-eco-tourism-areas-targeted-for-development/

News Analysis: GMAC lawsuit opens old wounds for unknown benefits

The decision by the Garment Manufacturers Association of Cambodia (GMAC) to file a lawsuit against the European Commission (EC) has reignited the ongoing struggle between Cambodia and the European Union (EU) to promote bilateral trade and uphold a political agenda. ...

Harrison White and Sok Chan
https://www.khmertimeskh.com/50769181/news-analysis-gmac-lawsuit-opens-old-wounds-for-unknown-benefits/

Nearly 13,000 suspended workers to receive cash allowance payments

The Ministry of Labour and Vocational Training has so far provided 30 cash handouts to workers in the garment and tourism sectors, with this week’s number totalling to almost 13,000 workers. ...

Mom Kunthear
https://www.phnompenhpost.com/national/nearly-13000-suspended-workers-receive-cash-allowance-payments

Higher budgets and more skills ‘needed to embrace digital transformation’

Cambodia is at risk of “getting left behind” if it doesn’t invest more in a digitally skilled workforce as local companies look to improve their business process and customer experience through “digital transformation”, according to a panel discussion on an industrywide survey. ...

Harrison White
https://www.khmertimeskh.com/50765233/higher-budgets-and-more-skills-needed-to-embrace-digital-transformation/

New manufacturing firms provide much-needed jobs

More foreign investment is being injected into Cambodia after a manufacturing company announced a new production line and an opening of more than 1,000 new jobs in Kampong Speu province. ...

Jason Boken
https://www.khmertimeskh.com/50764902/new-manufacturing-firms-provide-much-needed-jobs/

Pchum Ben provides boost in tourism across Kingdom

According to a Ministry of Tourism report released today, over 450,000 people were reported to have visited tourist destinations across Cambodia yesterday, in a massive boost for the Kingdom’s hard-hit sector. ...

Dina Huon
https://www.khmertimeskh.com/50764441/pchum-ben-provides-boost-in-tourism-across-kingdom/

High oil tax ‘a burden’ on development

The high-rate of special tax of 10-25 percent on oil for production is one of the burdens facing the advancement of manufacturing industries in Cambodia that have a target to increase added-value by using machinery in the production chain, according to the Japanese Business Association ...

Sorn Sarath
https://www.khmertimeskh.com/50764153/high-oil-tax-a-burden-on-development/

$2.7 million of investment welcome in times of need

Logwood Apparel Co Ltd has been given the go-ahead from the Council for the Development of Cambodia (CDC) to build a factory in Kandal Stung district, Kandal province. The newly-approved project with a total investment of $2.7 million covers the production of clothes and medical ...

Jason Boken
https://www.khmertimeskh.com/50764132/2-7-million-of-investment-welcome-in-times-of-need/

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