Industries

Cambodia’s garment, footwear sectors propose EU postpone EBA withdrawal

The Garment Manufacturers Association in Cambodia (GMAC), the Cambodia Footwear Association (CFA) and the European Chamber of Commerce in Cambodia (EuroCham) on June 2 requested the European Commission to postpone its withdrawal of the ‘Everything But Arms’ (EBA) preferential trade scheme for 12 months so ...

Khmer Times Staff
https://www.khmertimeskh.com/50730205/cambodias-garment-footwear-sectors-propose-eu-postpone-eba-withdrawal/

Ministry: Further out-of-work allowances paid

The Ministry of Labour announced on Monday that a further 25,588 workers of 67 enterprises in the garment and tourism sectors will be paid allowances from the government after facing suspension or unemployment amid the coronavirus pandemic. ...

Sen David
https://www.khmertimeskh.com/50729508/ministry-further-out-of-work-allowances-paid/

Siem Reap’s tourism hit hard by C-19

More than 100 hotels and guesthouses in Siem Reap province permanently ceased operations while 230 others announced indefinite suspensions amid the COVID-19 pandemic, the provincial hall revealed yesterday. ...

Pech Sotheary
https://www.khmertimeskh.com/50729513/siem-reaps-tourism-hit-hard-by-c-19/

Angkor marks 65 percent drop in foreign visitors in five months

Cambodia’s Angkor Archeological Park received 386,093 foreign tourists during the first five months of 2020 down by 64 percent over the same period last year. ...

Khmer Times Staff
https://www.khmertimeskh.com/50729110/angkor-marks-65-percent-drop-in-foreign-visitors-in-five-months/

256 factories suspended due to COVID-19, affecting over 130,000 workers

Cambodian has seen 256 garment, footwear and travel goods factories in Cambodia suspending their operations due to the COVID-19 pandemic, affecting more than 130,000 workers. ...

Khmer Times Staff
https://www.khmertimeskh.com/50729329/256-factories-suspended-due-to-covid-19-affecting-over-130000-workers/

More than 110,000 tonnes of wood strips exported from Koh Kong

Greenrich Group Co., Ltd. investing in Koh Kong province has exported over 110,000 tonnes of wood strips. The update was provided by the company’s representative Mr. Rattana to Veng Sakhon, Minister of Agriculture, Forestry and Fisheries, and Mrs. Mithona Phouthorng, Governor of Koh Kong province ...

Khmer Times Staff
https://www.khmertimeskh.com/50727880/more-than-110000-tonnes-of-wood-strips-exported-from-koh-kong/

Prek Kampong Smach a potential for ecotourism in Preah Sihanouk

Preah Sihanouk provincial governor Kuoch Chamroeun held a meeting on Wednesday with the Prek Kampong Smach fisheries management team and advised officials to create a working group to study economic data from the area and promote ecotourism. ...

Voun Dara
https://www.phnompenhpost.com/national/prek-kampong-smach-potential-ecotourism-preah-sihanouk

Cambodian government gives approval for garment factories to produce masks and PPE’s

The government has approved a request by the Garment Manufacturers Association in Cambodia (GMAC) for garment factories to produce all kinds of face masks, medical equipment and protective clothing for both domestic consumption and export. ...

Khmer Times Staff
https://www.khmertimeskh.com/50723913/cambodian-government-gives-approval-for-garment-factories-to-produce-masks-and-ppes/

Factory furloughs nearly 2,000 workers amid coronavirus

Nearly 2,000 garment workers are now in limbo after their employer You Li International Garment Co Ltd in Svay Rieng province’s Bavet city announced a suspension of operations as clothing orders dry up amid the coronavirus pandemic. ...

Sen David
https://www.khmertimeskh.com/50720608/factory-furloughs-nearly-2000-workers-amid-coronavirus/

GMAC demands all payment from buyers

The Garment Manufacturers Association (GMAC) in Cambodia has reiterated an appeal to buyers to source their goods from Cambodia as the economic situation becomes worse with nearly 200 factories suspending their operations because of the COVID-19 pandemic. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50719909/gmac-demands-all-payment-from-buyers/

Workers unions request minimum wage of $250

Workers Unions representing over 10,000 workers in the Kingdom have requested the government an increase in minimum wage to $250 per month for garment workers, an augmentation of $60 in wage compared to the original stipend imposed in 2020.​ ...

Va Sonyka
https://www.khmertimeskh.com/50719380/workers-unions-request-minimum-wage-of-250/

All is not well in the garment sector as exports drop by 50 percent in second trimester

Cambodia’s exports of garment and footwear products are expected to drop from 50 to 60 percent due to the impact of COVID-19 crisis during the second trimester of 2020. ...

Khmer Times Staff
https://www.khmertimeskh.com/50718827/all-is-not-well-in-the-garment-sector-as-exports-drop-by-50-percent-in-second-trimester/

Coronavirus brings trouble to Cambodia’s garment industry

Hundreds of garment factories in Cambodia and elsewhere in Asia are facing serious financial problems because clothing brands have either canceled their orders or stopped placing new ones over the past several weeks.  ...

Khmer Times Staff
https://www.khmertimeskh.com/50718817/coronavirus-brings-trouble-to-cambodias-garment-industry/

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/

Tourism industry asks for further gov’t help

Tourism industry insiders have called on the government to discuss the possibility of delaying interest and principal repayments for businesses within the sector that have been economically destroyed by COVID-19. ...

Sok Chan
https://www.khmertimeskh.com/50715483/tourism-industry-asks-for-further-govt-help/

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

Impact of Coronavirus on real estate

Property watchers have long noticed that weekends, at this time of the year, are a prime times for people seeking to buy or rent homes, but this year it’s different. ...

Yeshi Dema
https://www.khmertimeskh.com/50714661/impact-of-coronavirus-on-real-estate/

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/

Five road and bridge projects get approval

In the first three months of this year, the Ministry of Public Works and Transport has implemented the Procurement Agreement on Bridge and Road repairs by allocating financial credits from last year for 12 projects at a cost of 50 billion riel ($12.4 million). ...

Long Kimmarita
https://www.phnompenhpost.com/national/five-road-and-bridge-projects-get-approval

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/

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