News

Some 1,368 new firms registered in Cambodia in H1, down 19%

The Ministry of Commerce said Monday that it has granted operating licenses to 1,368 new companies in the first half of this year, down 19 percent compared with the 1,694 firms over the same period last year. ...

http://news.xinhuanet.com/english/business/2013-07/15/c_132543010.htm

Cambodia's exports to U.S. down 1 pct in 11 months last year

Cambodia exported products in equivalent to 2.49 billion U.S. dollars to the United States in the first eleven months of 2012, down 1 percent from 2.52 billion U.S. dollars it exported at the same period a year earlier, the report of the U.S. Department of ...

http://english.peopledaily.com.cn/90778/8090542.html

Vietnam investment in Cambodia hits US$2.5 bil

Vietnamese enterprises so far have invested in 124 projects in Cambodia with total registered capital of some US$2.5 billion, four times higher than the figure in 2009. As such, Vietnam is now among the top five investors in Cambodia, said the Association of Vietnamese Investors in ...

http://english.vietnamnet.vn/fms/business/55818/vietnam-investment-in-cambodia-hits-us-2-5-bil.html

Cambodia to get its first garment training institute

The Garment Manufacturers Association in Cambodia (GMAC) has inked an agreement with French international development agency – Agence Francaise de Development (AFD), for obtaining a loan of US$ 3.5 million to set up [sic] first garment training institute in the country. As per the agreement the ...

http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=118660

Cambodia-U.S. trade reaches 2.2 bln USD in 9 months, up 2 pct

The bilateral C volume between Cambodia and the United States reached 2.2 billion U.S. dollars in the first nine months of this year, a 2 percent rise compared with 2.15 billion U.S. dollars at the same period last year, according to the statistics of the ...

http://news.xinhuanet.com/english/business/2012-11/19/c_131984263.htm

Second international machinery fair opens this weekend

The second Cambodia International Machinery Industry Fair 2012 (CIMIF 2012) will kick off this weekend from at the Diamond Island Convention Center in an effort to promote the industry development and foreign investment in Cambodia. It will run for four days from tomorrow to August ...

http://www.phnompenhpost.com/index.php/2012081658021/Business/international-machinery-fair-to-draw-investors.html

No Cause for Concern - Experts not worried about decrease in fixed-asset investment

At first glance, the numbers indicate Cambodia’s investment climate has grown a little colder. Conditions appear to be worse than they were a year ago due to a big drop in total fixed assets for approved investment projects. However, economists say the Cambodia outlook is actually ...

http:///www.etmcambodia.com

Cambodia's garment export reaches 2.1 bln USD in H1, up 9 pct

Cambodia had exported garment and textile products in equivalent to 2.1 billion U.S. dollars in the first six months of 2012, up 9 percent from 1.93 billion U.S. dollars in the same period last year, a report from the Commerce Ministry showed on Monday. ...

http://news.xinhuanet.com/english/business/2012-07/23/c_131732434.htm

Industry Sector

The real growth rate of the industry sector has been revised downwardly by half a percentage point against the previous estimate to 8.8 percent year-on-year in 2012. A scaling down of the growth estimate of the textile and garment sub sector, as a result of persistently weaker demand in the European and US ...

http://www.etmcambodia.com/

Garment, shoe exports set to surpass $4bn

Buoyed by strong demand from the economies of Europe and North America, the total amount of garment, shoe and textile exports that left Cambodia last year was on target to surpass the $4 billion mark, dwarfing 2010’s total of $2.88 billion, the Garment Manufacturers Association ...

June Textile Workers Continue Protests

Factory workers from the burnt down June Textile Company have returned to the streets in protest after due to an objection by the factory officials. Last month the Arbitration Council ruled in favor of the workers providing them with a favorable severance payment, which the ...

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