News

Profits disappoint as garment exports grow

Experts have warned that recent growth in garment industry exports may not translate to improved profit margins owing to increased production costs, as the latest industry figures reveal that exports of textile-related products in 2021 increased by over 15 per cent from the year before. ...

Hom Phanet
https://www.phnompenhpost.com/business/profits-disappoint-garment-exports-grow

Garment sector’s lackluster results

Cambodia’s garment exports grew slower than expected by about 4 percent in the first half of the year compared with 9 percent in the same period last year while foreign investment in the sector fell by 30 percent, according to a report released by the ...

Sok Chan and Sum Manet
http://www.khmertimeskh.com/5074380/garment-sectors-lackluster-results/

Cambodia records 1.32 bln USD trade deficit in H1

Cambodia saw a trade deficit of 1.32 billion U.S. dollars in the first six months of this year, according to a Commerce Ministry’s report on Thursday. The country’s total imports and exports were valued at 7.62 billion U.S. dollars during the period, up 20 percent from ...

http://news.xinhuanet.com/english/business/2013-07/11/c_132533088.htm

Cambodia's foreign trade worth over 6 bln USD in 5 months

Cambodia’s trade with foreign countries amounted to 6.25 billion U.S. dollars in value in the first five months of this year, up 20 percent from the same period last year, according to statistics from the Commerce Ministry on Wednesday. During the January-May period this year, the ...

http://www.xinhuanet.com/english/

Cambodia’s garment exports grow 17.5% in Jan-March’13

The exports of garments and textiles from Cambodia have grown by 17.5 percent year-on-year to reach US$ 1.34 billion during the first three months of the current year, data released by the Ministry of Commerce shows. Last year, Cambodia exported apparels worth US$ 4.61 billion, ...

http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=146951

7 Cambodian Workers Arrested at Nike Contractor

Cambodian police clashed Monday with workers at a factory that makes clothing for the U.S. sportswear company Nike, arresting seven, in the latest violence linked to a strike over salaries, union organizers and rights activists said. The protest at the Taiwanese-owned Sabrina (Cambodia) Garment Manufacturing plant ...

http://abcnews.go.com/International/wireStory/cambodian-workers-arrested-nike-subcontractor-19311324#.Ua1mckDTxe9

Pirated Software May Threaten Garment Firms

Garment factories run the risk of having their cargo confiscated by U.S. customs authorities if they continue using pirated computer software in their administrative operations, and may be prosecuted under a law that requires all manufacturers to use licensed digital software, according to a local ...

http://www.cambodiadaily.com/business/pirated-software-may-threaten-garment-firms-28459/

Cambodia: A rising star with a falling reputation?

Cambodia’s reputation as a standard-bearer for apparel workers’ rights is wearing thin – and yet the country is a rising star when it comes to attracting foreign investment and increasing exports. There are many reasons to deter brands and retailers from sourcing clothing in Cambodia. The Kingdom ...

http://www.just-style.com/analysis/a-rising-star-with-a-falling-reputation_id117944.aspx

Union calls for stable rent for workers

The Cambodian Confederation of Unions (CCU) urged all apartment landlords to not increase their rent because garment and footwear employees get only a basic salary of $80 per month. A statement issued Monday said the wage increase from $61 per month to $80 will be implemented ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NzI2NDk4N2M2YTA

Cambodia-U.S. trade flat in Q1

The two-way trade volume between Cambodia and the United States valued at 758 million U.S. dollars in the first three months of this year, up only 0.8 percent compared with 752 million U.S. dollars over the same period last year, the statistics of the U.S. ...

http://news.xinhuanet.com/english/business/2013-05/03/c_132357935.htm

Thousands of workers in Cambodia march for pay rise on Int'l Labor Day

About 5,000 Cambodian workers took to the street on Wednesday to mark the International Labor Day, calling for pay rise, better labor conditions and decrease in petrol prices, a union representative said. Marchers, mostly garment workers, held banners and walked from the Freedom Park near the ...

http://news.xinhuanet.com/english/world/2013-05/01/c_132352087.htm

Cambodia's garment exports up 17 pct in Q1

Cambodia exported garment and textile products in equivalent to 1.34 billion U.S. dollars in the first quarter of 2013, up 17 percent from 1.14 billion U.S. dollars at the same period last year, the Commerce Ministry’s report showed Friday. Garment industry is the country’s ...

http://news.xinhuanet.com/english/business/2013-04/26/c_132342123.htm

Cambodia's trade with U.S. down 2 pct in first 2 months

The bilateral trade volume between Cambodia and the United States was worth about 499 million U.S. dollars in the first two months of this year, down 2 percent compared with 510 million U.S. dollars at the same period last year, the statistics of the U.S. ...

http://news.xinhuanet.com/english/business/2013-04/16/c_132313606.htm

Cambodia's economy to grow by 7 pct in 2013: finance minister

Cambodia’s economy is projected to grow by 7 percent this year, Deputy Prime Minister and Finance Minister Keat Chhon said Friday. He said the growth still is contributed by garment exports, tourism, agriculture, real estate and construction. Last year, Cambodia’s GDP per capita was nearly 1,000 ...

http://news.xinhuanet.com/english/business/2013-03/29/c_132271714.htm

Cambodia’s Economic Growth Will Help Poverty Reduction

Cambodia economic growth was 7.3 percent in 2012. Agriculture grew by 4.3 percent, crops by 4.9 percent, fisheries by 6.7 percent, industry by 9.2 percent, garment [sector] by 6.9 percent and the service industry by 8.1 percent, said Dr Hang Chuon Naron, Secretary of State ...

http://thesoutheastasiaweekly.com/

Final Wage Offer for Garment Workers Is $75

The Garment Manufacturers Association in Cambodia (GMAC) informed the government yesterday that their final offer in minimum wage negotiations with the country’s unions is $75 per month, $25 less than the unions had wanted. The $75 dollar figure, however, includes a $5 state-mandated health bonus, paid ...

http://www.cambodiadaily.com/

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