News
Cambodia’s GFT exports surge 25%, trend to continue in 2025
Cambodia’s exports of garments, footwear and travel goods (GFT) surged by 25.23 percent in the first eleven months of this year, compared to the same period last year, earning the country $12.51 billion, the latest trade data of the General Department of Customs and Excise ...
Manoj Mathew
https://www.khmertimeskh.com/501607441/cambodias-gft-exports-surge-25-trend-to-continue-in-2025/
Cambodia’s GFT sector gathers steam under EU collaboration
The Textile, Apparel, Footwear & Travel Goods Association in Cambodia (TAFTAC), in partnership with EuroCham and the Responsible Business Hub (RBH), has unveiled the 2024 GFT Sector Brief, Issue No. 3, shedding light on the current state and future potential of Cambodia’s garment, footwear, and ...
Jerome Misa
https://www.khmertimeskh.com/501587930/cambodias-gft-sector-gathers-steam-under-eu-collaboration/
CDC approves projects worth $60M in initial 15 days of ‘24
The government approved 10 investment projects, totalling more than $60 million, in the first 15 days of 2024, primarily in the garment manufacturing industry. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-approves-projects-worth-60m-in-initial-15-days-of-24
Employers praise minimum wage negotiations, unions raise concerns
Following the labour ministry’s announcement of a 2024 minimum wage set at $204 per month, the employers’ association has voiced their support, while trade union representatives and civil society organisations (CSOs) expressed their disappointment. ...
Van Socheata
https://www.phnompenhpost.com/national/employers-praise-minimum-wage-negotiations-unions-raise-concerns
Cambodian apparel, knitted & non-knitted items exports fall
Cambodia exported apparel items, clothing accessories and knitted and non-knitted or crocheted items worth $4.5 billion in the first seven months this year—down by 20.6 per cent year on year from $5.6 billion. ...
Khmer Times Staff
https://www.khmertimeskh.com/501344357/cambodian-apparel-knitted-non-knitted-items-exports-fall/
TAFTAC calls for end to unsustainable wood used to power industry
The Textile, Apparel, Travel Goods Association of Cambodia (TAFTAC) has asked its members to avoid and reduce the effect resulting from the unsustainable use of wood and charcoal, acknowledging its impact on the environment. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/taftac-calls-for-end-to-unsustainable-wood-used-to-power-industry
TAFTAC official says he “won’t accept” union at his factory prior to union VP losing job
The deputy chairman of a major garment factory trade association said he will “not accept” a new union at his factory because he prefers a union run by a ruling CPP official. ...
Runn Sreydeth
https://cambojanews.com/taftac-official-says-he-wont-accept-union-at-his-factory-prior-to-union-vp-losing-job/
Tax break for textile-linked industries to stay till 2025
The government has extended a suspension of “advance income tax” until the end of 2025 for eligible textile-related enterprises, a good deal of which have been hurt by a drop in orders as a result of global economic headwinds linked to the ongoing Ukraine crisis. ...
May Kunmakara
https://www.phnompenhpost.com/business/tax-break-textile-linked-industries-stay-till-2025
Garment exports likely to decline in first half of 2023
Orders for garments and footwear have not picked up in Cambodia last year, and it will continue to decline, according to a senior official of the Textile, Apparel, Footwear & Travel Goods Association in Cambodia (TAFTAC). ...
Sok Sithika
https://www.khmertimeskh.com/501215004/garment-exports-likely-to-decline-in-first-half-of-2023/
Cambodia’s apparel exports up 16.56 pct to $8.366 bn in Jan-Nov 2022
Cambodia’s apparel exports increased by 16.56 per cent year-on-year to $8.366 billion during January-November 2022. This constituted 40.89 per cent of Cambodia’s total foreign income of $20.457 billion during the period under review, according to data from the general department of customs and excise under ...
Khmer Times Staff
https://www.khmertimeskh.com/501203010/cambodias-apparel-exports-up-16-56-pct-to-8-366-bn-in-jan-nov-2022/
Cambodia’s GFT sector suffered setbacks
TAFTAC says the garment, footwear and travel goods sector needs assistance and an advisory group is urgently needed to help it rebound ...
Kiripost staff writers
https://kiripost.com/stories/cambodias-gft-sector-suffered-setbacks
