News

Asian garment industry to undergo further segmentation

The Asian garment manufacturing industry will undergo further segmentation in the next three to four years as competition becomes more intense, experts said. China, Thailand and Vietnam will mainly produce high-end clothing, while Bangladesh, Laos, Burma and Cambodia will mainly produce low-end clothing. Lu Qijian, ...

http://usa.chinadaily.com.cn/business/2013-07/15/content_16778408.htm

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

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

Loan agreement inked for Cambodia’s first garment training school

The Garment Manufacturer’s Association in Cambodia (GMAC) signed a $3.5 million loan agreement with French international development agency Agence Francaise de Development (AFD) yesterday to build Cambodia’s first garment sector training school. The school will train Cambodia’s unskilled garment workers and other Cambodians who wish to ...

http://www.phnompenhpost.com/index.php/2012120460070/Business/loan-agreement-inked-for-cambodias-first-garment-training-school.html

Cambodia: Economic Performance and Reform Update

The Cambodian economy has continued its high growth path as real GDP expanded by 6.9 percent in 2011 and is expected to grow by 6.6 percent in 2012, report from world bank said this week. Cambodia has been one of the fastest growing countries in the world over the past ten years, ...

http://thesoutheastasiaweekly.com/

Export figures up 42% in 2011

Strong growth in garment, textile, and agricultural exports drove a 42.7 per cent increase in Cambodia’s total exports for 2011, official Ministry of Commerce data shows. The Kingdom exported $4.98 billion in goods last year, compared with $3.49 billion the year before. Market diversification and a relaxing ...

Garment shipments jump 30% on low prices

Cambodia’s garment and textile exports grew by more than 30 per cent year-on-year through October, according to Ministry of Commerce data. The exports increased by nearly US$880 million, reaching $3.47 billion, the data showed ...

http://www.phnompenhpost.com/index.php/2011112252877/Business/garment-shipments-jump-30-on-low-prices.html

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