News

Cambodia’s GFT exports jump 22% amid rising hopes

The exports of garments, footwear and travel goods (GFT) rose by 21.64 percent in January this year, earning $967 million for the sector after declining for most of the time last year. The turnaround brought cheers to the vital sector of the Cambodian economy that ...

Manoj Mathew
https://www.khmertimeskh.com/501439379/cambodias-gft-exports-jump-22-amid-rising-hopes/

Cambodia’s trade declines 1.9% to $46.82 billion in 2023

Cambodia’s international trade stood at $46.82 billion in 2023, recording a decline of 1.9 percent compared to 2022. While exports were marginally up by 1.8 percent, the imports showed a decline of five percent, according to the trade data released by the General Department of ...

Manoj Mathew
https://www.khmertimeskh.com/501421111/cambodias-trade-declines-1-9-to-46-82-billion-in-2023/

Surge in industrial sector expected for ‘24

Economists and business leaders anticipate a dynamic 2024 for Cambodia’s industrial sector, with the government expecting it to outpace services and agriculture, driven by a wave of new investment projects. ...

Hin Pisei
https://www.phnompenhpost.com/business/surge-in-industrial-sector-expected-for-24

Cambodia’s garment, footwear, travel goods exports down 15 pct in 11 months

Cambodia exported $9.9 billion worth of garment, footwear and travel products to international markets in the first 11 months of 2023, down 15 percent from nearly 11.7 billion dollars in the same period last year, said a Ministry of Commerce’s report released on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501413720/cambodias-garment-footwear-travel-goods-exports-down-15-pct-in-11-months/

GFT exports decline 17.81% triggering more job loss fears

Cambodia’s exports of garments, footwear and travel goods (GFT) continued the slide as the January to September period recorded a decline of 17.81 percent, compared to the same period last year, triggering fears of more job losses and factory closures. ...

Manoj Mathew
https://www.khmertimeskh.com/501375664/gft-exports-decline-17-81-triggering-more-job-loss-fears/

Cambodia’s garment, footwear, and travel goods exports are down 17.8 percent in the first nine months

Cambodia exported $8.14 billion worth of garment, footwear, and travel products to international markets in the first nine months of 2023, down 17.8 percent from last year, according to the Ministry of Commerce on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501375252/cambodias-garment-footwear-and-travel-goods-exports-are-down-17-8-percent-in-the-first-nine-months/

Associations welcome minimum wage hike

Associations in the footwear and travel goods sector welcomed the hike in the minimum wage for workers in 2024, saying that this will ensure the sector’s competitiveness and enhance the workers’ living standards. ...

Chea Vanyuth
https://www.khmertimeskh.com/501369455/associations-welcome-minimum-wage-hike/

GFT exports decline 19% in Jan-Aug

Cambodia’s exports of garments, footwear and travel goods (GFT) continue to decline with the January to August period showing a setback of 19.28 percent, compared to the performance of the sector during the same period last year. ...

Manoj Mathew
https://www.khmertimeskh.com/501358748/gft-exports-decline-19-in-jan-aug/

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