EU parliament resolution calls for Cambodia sanctions

2017/12 16 15:12

Following the ongoing crackdown in Cambodia on the opposition and civil society, the European Union Parliament has passed a resolution calling for imposition of visa restrictions on Cambodian officials and freezing their assets, and reviewing the Everything But Arms (EBA) agreement’s human rights clauses for a potential temporary suspension. After highlighting their concerns over the […]

Cambodia’s economic growth to remain strong in 2017 & 2018

2017/12 15 03:12

Cambodia’s economy is expected to grow at 6.9 per cent and 6.8 per cent in 2017 and 2018, respectively, supported by tourism and construction activities amid a slowdown in the garment sector. But structural reforms and a rebalancing of the budget to capital expenditure is critical in the medium term to sustain its growth, says […]

GMAC seeks foreign support for Cambodian garment sector

2017/12 06 14:12

The Garment Manufacturers Association in Cambodia (GMAC) recently wrote a letter to the United Nations, the European Union (EU), the United States and other foreign embassies urging continued economic support for the country’s garment industry and its 700,000 workers despite the deteriorating political climate amid a clampdown on civil society and media. The letter follows […]

Cambodian private sector worried over universal wage law

2017/11 25 08:11

Cambodia’s private sector is worried over the uncertainty created by the proposed universal minimum wage law, according to Sok Lor, secretary general of the Cambodian Federation of Employers, who said recently that new labour laws, including a national social security scheme and a higher minimum wage for garment workers, have already put businesses on edge. […]

Cambodia urges global firms to modernise its garment sector

2017/11 21 07:11

Cambodia recently urged global buyers to raise investment in its garment and footwear sector and to introduce new technologies to help modernise the industry. Commerce ministry secretary of state Ok Bung told envoys of global clothing brands and unions recently that low productivity is resulting in lower ranking for the country in the global value […]

Cambodia’s garment & footwear exports cross $5bn in 2017

2017/11 16 04:11

The value of garments and footwear exported by Cambodia in the first nine months of the current year have crossed the $5 billion mark, as per the date released by the ministry of commerce. Apparel exports fetched $4.9 billion and accounted for 63 per cent of the total $7.7 billion exports made the by the […]

Cambodian GMAC urges US to extend GSP to garments, footwear

2017/11 16 04:11

The Garment Manufacturers Association of Cambodia (GMAC) has sent a petition to the US Senate requesting preferential trade treatment for Cambodian garment and footwear exports. The US generalised system of preferences (GSP) scheme allows duty-free entry of certain non-sensitive items from 120 developing nations and excludes garment and footwear products. GMAC has hired a Washington-based […]

Fushun Cambo to set up $2.45mn garment unit in Cambodia

2017/11 16 04:11

Fushun Cambo Fashion Company Limited will invest $2.45 million to set up a garment manufacturing factory in Bante Kol village, in southwestern Bati district of Takeo province in Cambodia. The project, which on commencement will employ more than 1,000 people, has received green signal from the Council for the Development of Cambodia (CDC). The CDC […]

Cambodia to witness slower growth in garment exports

2017/10 30 08:10

Cambodia’s garment and footwear exports is expected to see a slower growth of around 5 per cent this year compared to 7 per cent in 2016. But the trend is a normal market occurrence and does not indicate an overall decline or is linked to the political situation, say industry experts. Twenty five new factories […]

GMAC urges Cambodia to push fabric-forward rule in RCEP

2017/10 17 18:10

Representatives from the Garment Manufacturers Association of Cambodia (GMAC) recently urged the government to push for the fabric-forward rule during negotiations for the Regional Comprehensive Economic Partnership (RCEP). During a meeting with government officials, they were particularly eager about how the agreement will handle the rules of origin. The RCEP is a regional economic agreement […]

Cambodia hikes minimum wage for garment workers to $170

2017/10 11 07:10

Cambodia recently raised the monthly minimum wage of workers in the garment and footwear sector from $153 to $170, the highest hike in the past two years. The decision came after Prime Minister Hun Sen raised the wage by $5 after a committee, comprising representatives from the government, unions and employers, met on October 5 […]

GMAC urges Cambodian govt to offset rising labour costs

2017/10 10 07:10

The Garment Manufacturers Association in Cambodia (GMAC) recently urged the government to help export-oriented manufacturers reduce the cost of conducting business to offset a higher minimum wage and workers benefit package due to be implemented from January 1. It requested the government to consider cutting the export management fee by half. GMAC also urged for […]