News

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

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/

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