[XINHUA]
PHNOM PENH, March 13 -- A number of investors have recently directed their investments in Cambodia in food processing and garment and textile industry, Minister of Economy and Finance Keat Chhon said here Tuesday.
Speaking at the launch of the results of the 2011 Economic Census, the minister said the country has huge potential for food processing because it has abundant raw materials, especially rice, for food processing for exports.
On the garment and textile industries, he said, Cambodia has been granted custom duty-free for exporting to European countries.
The country initiated four food processing projects with a total investment of 45 million U.S. dollars last year. These rice processing, beer and soft drinks projects were joint ventures with China, and Malaysia. Cambodida has set up 92 new garment factories with investment totaling 405 million dollars. Investors are from South Korea, China, China's Taiwan, Malaysia, Japan, the United States, Britain, Mauritius, and Samoa.
Showing posts with label Garment and Manufacturing. Show all posts
Showing posts with label Garment and Manufacturing. Show all posts
March 14, 2012
Cambodia's garment industry creates 335,400 jobs by 2011
[XINHUA]
PHNOM PENH, March 13 -- Cambodia has 309 garment and textile factories as of last year, employing some 335,400 workers - 91 percent of them are female, according to reports released by the country's Ministry of Commerce on Tuesday.
It said the sector spent about 408 million U.S. dollars for workers' salaries last year.
Garment and textile industry is the country's largest income maker. Last year, the sector had exported products in equivalent to 4.24 billion U.S. dollars, up 25 percent from a year earlier.
The sector represented up to 85 percent of the country's total exports.
The United States and European countries are the main buyers. The export to the United States was 2.05 billion U.S. dollars last year, up 11 percent; and the export to European countries was 1.3 billion U.S. dollars, up 42 percent, said the reports.
PHNOM PENH, March 13 -- Cambodia has 309 garment and textile factories as of last year, employing some 335,400 workers - 91 percent of them are female, according to reports released by the country's Ministry of Commerce on Tuesday.
It said the sector spent about 408 million U.S. dollars for workers' salaries last year.
Garment and textile industry is the country's largest income maker. Last year, the sector had exported products in equivalent to 4.24 billion U.S. dollars, up 25 percent from a year earlier.
The sector represented up to 85 percent of the country's total exports.
The United States and European countries are the main buyers. The export to the United States was 2.05 billion U.S. dollars last year, up 11 percent; and the export to European countries was 1.3 billion U.S. dollars, up 42 percent, said the reports.
March 13, 2012
Cambodia's footwear exports rise 49 pct in 2011
[XINHUA]
PHNOM PENH, March 12 -- Cambodia had exported footwear products in equivalent to 264 million U.S. dollars last year, a 49 percent rise from 177 million U.S. dollars in a year earlier, a report by the Ministry of Commerce showed on Monday.
It said that the main markets for Cambodia-made shoes are the United States, European countries, Canada, Japan and some Asian countries.
According to the report, the country has 40 footwear factories employing 62,470 workers - 90 percent of them are female.
The sector spent about 60 million U.S. dollars for workers' wages per annum, it said.
Speaking at the annual commerce meeting on Monday, Cham Prasidh, Minister of Commerce, said that the country's shoe industry has been remarkably grown in recent years and it would be one of the potential sectors for economic development in the near future.
PHNOM PENH, March 12 -- Cambodia had exported footwear products in equivalent to 264 million U.S. dollars last year, a 49 percent rise from 177 million U.S. dollars in a year earlier, a report by the Ministry of Commerce showed on Monday.
It said that the main markets for Cambodia-made shoes are the United States, European countries, Canada, Japan and some Asian countries.
According to the report, the country has 40 footwear factories employing 62,470 workers - 90 percent of them are female.
The sector spent about 60 million U.S. dollars for workers' wages per annum, it said.
Speaking at the annual commerce meeting on Monday, Cham Prasidh, Minister of Commerce, said that the country's shoe industry has been remarkably grown in recent years and it would be one of the potential sectors for economic development in the near future.
February 13, 2012
Cambodia attracts 92 new garment factories with 405 mln USD capital last year
[XINHUA]
PHNOM PENH, Feb. 11 -- The Council for the Development of Cambodia (CDC) had granted operating licenses to 92 new garment factories with the total investment of 405 million U.S. dollars in 2011, its report showed Saturday.
South Korea was leading in the garment investment here last year with 21 factories, following by Hong Kong 17, Taiwan 17 and Chinese mainland 15.
The report said that in 2010, there were only 44 factories opened in the country with the capital of only 128 million U.S. dollars.
Garment industry is the country's largest income maker. The sector earned total revenues of 4.24 billion U.S. dollars last year, representing 87 percent of the country's total exports.
The whole industry consisted of more than 300 factories, employing more than 300,000 people, mostly women from rural areas.
PHNOM PENH, Feb. 11 -- The Council for the Development of Cambodia (CDC) had granted operating licenses to 92 new garment factories with the total investment of 405 million U.S. dollars in 2011, its report showed Saturday.
South Korea was leading in the garment investment here last year with 21 factories, following by Hong Kong 17, Taiwan 17 and Chinese mainland 15.
The report said that in 2010, there were only 44 factories opened in the country with the capital of only 128 million U.S. dollars.
Garment industry is the country's largest income maker. The sector earned total revenues of 4.24 billion U.S. dollars last year, representing 87 percent of the country's total exports.
The whole industry consisted of more than 300 factories, employing more than 300,000 people, mostly women from rural areas.
February 1, 2012
Cambodia’s garment sector continues to grow: BFC
[Fibre2fashion.com]
The International Labour Organization’s (ILO) Better Factories Cambodia (BFC) has released its “27th Synthesis Report on Working Conditions in Cambodia’s Garment Sector”, which assesses compliance with Cambodian Labour Law and international
labour standards in garment exporting factories.
The 27th Synthesis Report reflects compliance data from monitoring reports completed between May 1 and October 31, 2011. During this six-month period, BFC produced monitoring reports for 169 of the 300 factories registered with the programme.
The 27th Synthesis Report contains a range of information drawn from these reports, including information on factory size across the industry, as well as comparative data on compliance with fundamental rights and selected working conditions to facilitate tracking of compliance levels over time.
This report shows employment in garment export factories reaching its highest level since that seen in the 21st synthesis report dated 31st October 2008, with 345,364 workers employed in the 300 active factories registered with the project.
The International Labour Organization’s (ILO) Better Factories Cambodia (BFC) has released its “27th Synthesis Report on Working Conditions in Cambodia’s Garment Sector”, which assesses compliance with Cambodian Labour Law and international
labour standards in garment exporting factories.
The 27th Synthesis Report reflects compliance data from monitoring reports completed between May 1 and October 31, 2011. During this six-month period, BFC produced monitoring reports for 169 of the 300 factories registered with the programme.
The 27th Synthesis Report contains a range of information drawn from these reports, including information on factory size across the industry, as well as comparative data on compliance with fundamental rights and selected working conditions to facilitate tracking of compliance levels over time.
This report shows employment in garment export factories reaching its highest level since that seen in the 21st synthesis report dated 31st October 2008, with 345,364 workers employed in the 300 active factories registered with the project.
January 24, 2012
Garment firms shifting base from China to Cambodia
[Fibre2fashion.com]
Abundant supply of labour coupled with preferential market access to several markets is making the Southeast Asian nation of Cambodia one of the preferred alternatives for garment companies wishing to shift their manufacturing base outside China.
Wages in China have risen by 18-20 percent annually during the past three years, leading to an increase in the cost of production, and making several units less competitive in the international market. This has induced many garment companies to search for alternative bases outside China.
On the other hand, Cambodia’s garment industry has grown substantially over the last year. Around 300 licensed garment firms in the Kingdom exported US$ 3.3 billion worth of goods in the initial 10 months of 2011, a jump of 35 percent year-on-year, according to Garment Manufacturers Association of Cambodia (GMAC).
Mr. Ken Loo, Secretary General of GMAC, told fibre2fashion, “Cambodia is well positioned to take advantage of the exodus of investors and buyers looking to exit China. Firstly, there is an abundant supply of labour and there are no other industries in Cambodia that would compete with the garment industry for absorbing labour.”
Abundant supply of labour coupled with preferential market access to several markets is making the Southeast Asian nation of Cambodia one of the preferred alternatives for garment companies wishing to shift their manufacturing base outside China.
Wages in China have risen by 18-20 percent annually during the past three years, leading to an increase in the cost of production, and making several units less competitive in the international market. This has induced many garment companies to search for alternative bases outside China.
On the other hand, Cambodia’s garment industry has grown substantially over the last year. Around 300 licensed garment firms in the Kingdom exported US$ 3.3 billion worth of goods in the initial 10 months of 2011, a jump of 35 percent year-on-year, according to Garment Manufacturers Association of Cambodia (GMAC).
Mr. Ken Loo, Secretary General of GMAC, told fibre2fashion, “Cambodia is well positioned to take advantage of the exodus of investors and buyers looking to exit China. Firstly, there is an abundant supply of labour and there are no other industries in Cambodia that would compete with the garment industry for absorbing labour.”
January 18, 2012
Cambodia's garment export rises remarkably in 2011
[XINHUA]
PHNOM PENH, Jan. 17 -- Cambodia's garment export rose remarkably in 2011, according to a report released Tuesday by National Alliance Chamber of Cambodia (NACC).
"The total exports in 2011 amounted to 4 billion U.S. dollars, some 500 million U.S. dollars more than expected, " the report said, adding that in 2010, the total exports was just more than 3 billion U.S. dollars.
Also in 2011, roughly 50 new factories was opened in Cambodia, while only one suspended operation, it said.
On the labor force, NACC said the minimum salary for some 450, 000 Cambodian workers in this sector in 2011 was 61 to 75 U.S. dollars per month.
However, the average salary including their overtime payment was between 95 to 155 U.S. dollars per month.
According to the report, the impressive point for those employed in this sector is that they can help their dependents at home, especially in the rural areas.
"Based on our research, salary for one garment worker can help support three persons," the report said.
NACC, meanwhile, noted that strikes in 2011 remarkably decreased from years earlier.
It said there were only 33 cases recorded in 2011.
Garment is one of the major export earners for the country's economy.
PHNOM PENH, Jan. 17 -- Cambodia's garment export rose remarkably in 2011, according to a report released Tuesday by National Alliance Chamber of Cambodia (NACC).
"The total exports in 2011 amounted to 4 billion U.S. dollars, some 500 million U.S. dollars more than expected, " the report said, adding that in 2010, the total exports was just more than 3 billion U.S. dollars.
Also in 2011, roughly 50 new factories was opened in Cambodia, while only one suspended operation, it said.
On the labor force, NACC said the minimum salary for some 450, 000 Cambodian workers in this sector in 2011 was 61 to 75 U.S. dollars per month.
However, the average salary including their overtime payment was between 95 to 155 U.S. dollars per month.
According to the report, the impressive point for those employed in this sector is that they can help their dependents at home, especially in the rural areas.
"Based on our research, salary for one garment worker can help support three persons," the report said.
NACC, meanwhile, noted that strikes in 2011 remarkably decreased from years earlier.
It said there were only 33 cases recorded in 2011.
Garment is one of the major export earners for the country's economy.
January 13, 2012
Hyundai to boost auto production
[PHNOM PENH POST]
HYUNDAI Motor Company will increase production at its assembly plant in Koh Kong province by more than 160 per cent during the next two years, Lim Visal, director of Hyundai’s Cambodian assembler, Camko Motor Company, says.
The increase had followed Hyundai’s anticipation of Cambodia’s and ASEAN’s rising demand for cars in the near future, Lim Visal said.
“The Cambodian market will see a quantum leap in the next four to five years once we reach a [gross domestic product] per capita of US$2,000, and car loans become more affordable,” he said in an email yesterday.
Hyundai’s Koh Kong factory began assembling cars in January last year. It produced 300 vehicles in 2011 and aims to nearly triple its annual production to 800 cars in 2013.
Although the Kingdom has long produced its own motorcycles, domestic car assembly and production is relatively young. Lim Visal is optimistic, however, that the economy will continue to support a higher level of manufacturing.
HYUNDAI Motor Company will increase production at its assembly plant in Koh Kong province by more than 160 per cent during the next two years, Lim Visal, director of Hyundai’s Cambodian assembler, Camko Motor Company, says.
The increase had followed Hyundai’s anticipation of Cambodia’s and ASEAN’s rising demand for cars in the near future, Lim Visal said.
“The Cambodian market will see a quantum leap in the next four to five years once we reach a [gross domestic product] per capita of US$2,000, and car loans become more affordable,” he said in an email yesterday.
Hyundai’s Koh Kong factory began assembling cars in January last year. It produced 300 vehicles in 2011 and aims to nearly triple its annual production to 800 cars in 2013.
Although the Kingdom has long produced its own motorcycles, domestic car assembly and production is relatively young. Lim Visal is optimistic, however, that the economy will continue to support a higher level of manufacturing.
December 17, 2011
1st motor manufacturing plant starts operations in Cambodia
[XINHUA]
PHNOM PENH, Dec. 17 -- A Japan-invested motor manufacturing plant launched operations in Cambodia on Saturday, raising a hope for the development of hi-tech industry in the impoverished Southeast Asian nation.
"Cambodia has reached a new phase of attracting investors for high technology industry after, in the past, it had attracted investments in garment industry," Cambodia's Prime Minister Hun Sen said at the inauguration of the small-size motor manufacturing plant (Minebea Cambodia) in the Phnom Penh Special Economic Zone.
"The plant reflects Japanese investors in Cambodia and it has brought modern technology for the development of Cambodia," he added.
Kinoma Yoshihisa, president and CEO of the Tokyo-based Minebea Co., the investor of Minebea Cambodia, said the plant would assemble DC brush motors and micro-actuators for office-automation equipment, household electrical appliances and digital equipment, using parts supplied by Minebea plants in Thailand, and the finished products will be exported back to Thailand.
PHNOM PENH, Dec. 17 -- A Japan-invested motor manufacturing plant launched operations in Cambodia on Saturday, raising a hope for the development of hi-tech industry in the impoverished Southeast Asian nation.
"Cambodia has reached a new phase of attracting investors for high technology industry after, in the past, it had attracted investments in garment industry," Cambodia's Prime Minister Hun Sen said at the inauguration of the small-size motor manufacturing plant (Minebea Cambodia) in the Phnom Penh Special Economic Zone.
"The plant reflects Japanese investors in Cambodia and it has brought modern technology for the development of Cambodia," he added.
Kinoma Yoshihisa, president and CEO of the Tokyo-based Minebea Co., the investor of Minebea Cambodia, said the plant would assemble DC brush motors and micro-actuators for office-automation equipment, household electrical appliances and digital equipment, using parts supplied by Minebea plants in Thailand, and the finished products will be exported back to Thailand.
December 16, 2011
Cambodia is the new China for Halfords
[The Birmingham Post]
China is no longer the automatic go-to country for manufacturing with the emerging economies of tomorrow offering better value, according to the boss of one of the Midlands’ best known companies.
Halfords chief executive David Wild said the company was seeking out new manufacturers across the globe in countries such as Cambodia as it strove to retain a competitive edge.
Mr Wild revealed the South East Asian country had emerged as an unlikely supplier for bicycles in a supply chain that is rapidly changing and evolving and believes it offers a real alternative to the Chinese option.
“As these markets mature labour costs increase,” he said. “If we want to stay price competitive we also have to be trying to find new manufacturing sources.
“We are now buying bikes from Cambodia, which is a lower duty area and therefore has lower costs.
“We have to go to new sources and have found a supplier that provides excellent value and we pass that on to the customer. You have to work much harder to find the cheapest sources.”
China is no longer the automatic go-to country for manufacturing with the emerging economies of tomorrow offering better value, according to the boss of one of the Midlands’ best known companies.
Halfords chief executive David Wild said the company was seeking out new manufacturers across the globe in countries such as Cambodia as it strove to retain a competitive edge.
Mr Wild revealed the South East Asian country had emerged as an unlikely supplier for bicycles in a supply chain that is rapidly changing and evolving and believes it offers a real alternative to the Chinese option.
“As these markets mature labour costs increase,” he said. “If we want to stay price competitive we also have to be trying to find new manufacturing sources.
“We are now buying bikes from Cambodia, which is a lower duty area and therefore has lower costs.
“We have to go to new sources and have found a supplier that provides excellent value and we pass that on to the customer. You have to work much harder to find the cheapest sources.”
December 15, 2011
Cambodian garment workers urged to raise productivity
Productivity expert at Cambodia’s Ministry of Labour, An Tahi Socheat, said garment factories in the country are competing with other countries from the region where they have higher skilled workers.
Speaking at a seminar on skill promotion in garment industry, Mr. Socheat said employers may consider to increase salaries of the workers if their productivity level improves and hence those seeking higher wages must raise their productivity levels.
Besides employers, the seminar was attended by representatives of the Garment Manufacturing Association in Cambodia (GMAC) and Government officials.
In response, GMAC’s Business Development Manager Kaing Monika said the GMAC would introduce more skills training programmes for the benefit of garment workers in the country.
December 9, 2011
Over 1,500 Cambodian workers faint this year due to poor working environment
[XINHUA]
PHNOM PENH, Dec. 9 -- More than 1,500 Cambodian workers in garment and shoe factories have fainted within this year due mainly to overwork, poor health, exposure to chemical substances, and hysteria, said a senior government official on Friday. "Fainting incidents started occurring often and repeatedly this year," Say Siphonn, secretary of state for the Ministry of Social Affairs, Veterans and Youth Rehabilitation, said in a meeting on findings the fact of the mass fainting in garment and shoe factories.
"More than 1,500 workers in a dozen of garment and footwear factories had fainted so far this year," he said."Mass fainting incident is case that can affect our garment industry which is the country's largest income earner."
The causes of incidents included more hours of over-time working, chemical substances in cloths, smell of insecticides, heat, bad working environment, workers' malnutrition, and panic, he added.
The meeting, organized by the International Labor Organization (ILO), was attended by stakeholders from the Ministry of Labour and Vocational Training, Ministry of Social Affairs, Veterans and Youth Rehabilitation, Garment Manufacturers Association in Cambodia (GMAC), buyers' representatives, unions, and non- governmental organizations.
PHNOM PENH, Dec. 9 -- More than 1,500 Cambodian workers in garment and shoe factories have fainted within this year due mainly to overwork, poor health, exposure to chemical substances, and hysteria, said a senior government official on Friday. "Fainting incidents started occurring often and repeatedly this year," Say Siphonn, secretary of state for the Ministry of Social Affairs, Veterans and Youth Rehabilitation, said in a meeting on findings the fact of the mass fainting in garment and shoe factories.
"More than 1,500 workers in a dozen of garment and footwear factories had fainted so far this year," he said."Mass fainting incident is case that can affect our garment industry which is the country's largest income earner."
The causes of incidents included more hours of over-time working, chemical substances in cloths, smell of insecticides, heat, bad working environment, workers' malnutrition, and panic, he added.
The meeting, organized by the International Labor Organization (ILO), was attended by stakeholders from the Ministry of Labour and Vocational Training, Ministry of Social Affairs, Veterans and Youth Rehabilitation, Garment Manufacturers Association in Cambodia (GMAC), buyers' representatives, unions, and non- governmental organizations.
November 30, 2011
Cambodian garment workers strike at big brand supplier
[REUTERS]
Cambodian garment workers went on strike on Monday at a factory producing clothing for global brands Gap, J.C. Penney (JCP.N) and Old Navy, demanding that the plant reinstates suspended trade union representatives.
Garment-making has been Cambodia's main manufacturing industry as it recovers from decades of conflict. Last year, the sector grew 28 percent and contributed more than $3 billion towards the country's $11 billion economy.
It employs 300,000 people, many of them women, at scores of factories, owned mostly by Chinese and Taiwanese companies but it has seen its share of industrial action over pay and conditions.
The president of the Workers Friendship Union Federation said the strike would go on until the South Korean-owned factory, Cambo Handsome Ltd, on the outskirts of Phnom Penh, took back three union representatives suspended after one of them was accused of stealing two T-shirts.
Cambodian garment workers went on strike on Monday at a factory producing clothing for global brands Gap, J.C. Penney (JCP.N) and Old Navy, demanding that the plant reinstates suspended trade union representatives.
Garment-making has been Cambodia's main manufacturing industry as it recovers from decades of conflict. Last year, the sector grew 28 percent and contributed more than $3 billion towards the country's $11 billion economy.
It employs 300,000 people, many of them women, at scores of factories, owned mostly by Chinese and Taiwanese companies but it has seen its share of industrial action over pay and conditions.
The president of the Workers Friendship Union Federation said the strike would go on until the South Korean-owned factory, Cambo Handsome Ltd, on the outskirts of Phnom Penh, took back three union representatives suspended after one of them was accused of stealing two T-shirts.
China firm plans bauxite processing plant in Kratie
[PHNOM PENH POST]
China's Erdos Hongjun planned to build a bauxite processing plant in Kratie province as part of the company’s US$1.5 billion venture in the Kingdom’s northeast, provincial officials said yesterday.
The plant would serve Erdos’s mine in neighbouring Mondulkiri, an exploration licence for which was granted by the Ministry of Industry, Mines and Energy, according to a list of mining companies operating in the province obtained by the Post.
Kong Pisith, director of the Ministry of Industry, Mines and Energy’s Mondulkiri office, confirmed yesterday that Cambodia International Investment Development Erdos Hongjun Aluminum Company had set up an office in the province last year and was exploring a 360-square-kilometre bauxite concession.
He also confirmed Erdos would build the bauxite processing plant in Kratie.
China's Erdos Hongjun planned to build a bauxite processing plant in Kratie province as part of the company’s US$1.5 billion venture in the Kingdom’s northeast, provincial officials said yesterday.
The plant would serve Erdos’s mine in neighbouring Mondulkiri, an exploration licence for which was granted by the Ministry of Industry, Mines and Energy, according to a list of mining companies operating in the province obtained by the Post.
Kong Pisith, director of the Ministry of Industry, Mines and Energy’s Mondulkiri office, confirmed yesterday that Cambodia International Investment Development Erdos Hongjun Aluminum Company had set up an office in the province last year and was exploring a 360-square-kilometre bauxite concession.
He also confirmed Erdos would build the bauxite processing plant in Kratie.
November 29, 2011
DeCoro to Begin Manufacturing Leather Sofas in Cambodia
[MARKET WATCH]
NEW YORK & PHNOM PENH, Cambodia, Nov. 28, 2011 -- DeCoro, one of the most highly renowned brands in the leather furniture industry, has announced it is opening a new state-of-the-art manufacturing facility in Phnom Penh, Cambodia.
Headed up by Chief Executive Officer Luca Ricci, DeCoro Cambodia Co., Ltd. will again focus on producing the finest quality, popular-priced Italian-style furniture for global consumers. The new facility will employ approximately 1,000 workers and is now fully operational.
DeCoro is the first leather furniture factory ever in Cambodia. In addition to the jobs and general benefits it will create in the country's capital and beyond, the company is making a direct effort to improve the social welfare of Cambodian children by partnering with Amici dei Bambini Association or Ai.Bi. ( http://www.aibi-us.org/ ), a non-governmental organization (NGO) registered in Italy and active in 25 countries including Cambodia. Ai.Bi. is dedicated to finding a family for every child who lives in an orphanage. DeCoro will donate U.S. $.75 to Ai.Bi. in Cambodia for every product it produces.
NEW YORK & PHNOM PENH, Cambodia, Nov. 28, 2011 -- DeCoro, one of the most highly renowned brands in the leather furniture industry, has announced it is opening a new state-of-the-art manufacturing facility in Phnom Penh, Cambodia.
Headed up by Chief Executive Officer Luca Ricci, DeCoro Cambodia Co., Ltd. will again focus on producing the finest quality, popular-priced Italian-style furniture for global consumers. The new facility will employ approximately 1,000 workers and is now fully operational.
DeCoro is the first leather furniture factory ever in Cambodia. In addition to the jobs and general benefits it will create in the country's capital and beyond, the company is making a direct effort to improve the social welfare of Cambodian children by partnering with Amici dei Bambini Association or Ai.Bi. ( http://www.aibi-us.org/ ), a non-governmental organization (NGO) registered in Italy and active in 25 countries including Cambodia. Ai.Bi. is dedicated to finding a family for every child who lives in an orphanage. DeCoro will donate U.S. $.75 to Ai.Bi. in Cambodia for every product it produces.
Cambodian garment workers strike at big brand supplier
[THE STRAITS TIMES]
PHNOM PENH - About 1,000 Cambodian garment workers went on strike on Monday at a factory producing clothing for global brands Gap, J.C. Penny and Old Navy, demanding that the plant reinstates suspended trade union representatives.
Garment-making has been Cambodia's main manufacturing industry as it recovers from decades of conflict. Last year, the sector grew 28 per cent and contributed more than US$3 billion (S$3.9 billion) towards the country's US$11 billion economy.
It employs 300,000 people, many of them women, at scores of factories, owned mostly by Chinese and Taiwanese companies but it has seen its share of industrial action over pay and conditions.
The president of the Workers Friendship Union Federation said the strike would go on until the South Korean-owned factory, Cambo Handsome, on the outskirts of Phnom Penh, took back three union representatives suspended after being accused of stealing two T-shirts.
PHNOM PENH - About 1,000 Cambodian garment workers went on strike on Monday at a factory producing clothing for global brands Gap, J.C. Penny and Old Navy, demanding that the plant reinstates suspended trade union representatives.
Garment-making has been Cambodia's main manufacturing industry as it recovers from decades of conflict. Last year, the sector grew 28 per cent and contributed more than US$3 billion (S$3.9 billion) towards the country's US$11 billion economy.
It employs 300,000 people, many of them women, at scores of factories, owned mostly by Chinese and Taiwanese companies but it has seen its share of industrial action over pay and conditions.
The president of the Workers Friendship Union Federation said the strike would go on until the South Korean-owned factory, Cambo Handsome, on the outskirts of Phnom Penh, took back three union representatives suspended after being accused of stealing two T-shirts.
November 28, 2011
[Thai] SCCC sets sights on Cambodia
[BANGKOK POST]
SINGAPORE : Siam City Cement Plc (SCCC), Thailand's second-largest cement maker, is ready to build a cement plant in Cambodia costing up to US$150 million.
Managing director Philippe Arto said the company is in the final stage of a feasibility study for the one-million-tonne cement plant that will take a few months to complete.
The study has shown good potential with rich deposits of limestone, a raw material for cement production, he noted. The investment cost for the project is $100-150 million.
A final decision should be made around May. A plant will take two years to build, he said.
"Together with our partner, I think we are ready to invest in this project," Mr Arto said.
SCCC, one-third owned by Switzerland-based Holcim, signed a memorandum of agreement with Cambodia's Chip Mong Group in December for the study.
SINGAPORE : Siam City Cement Plc (SCCC), Thailand's second-largest cement maker, is ready to build a cement plant in Cambodia costing up to US$150 million.
Managing director Philippe Arto said the company is in the final stage of a feasibility study for the one-million-tonne cement plant that will take a few months to complete.
The study has shown good potential with rich deposits of limestone, a raw material for cement production, he noted. The investment cost for the project is $100-150 million.
A final decision should be made around May. A plant will take two years to build, he said.
"Together with our partner, I think we are ready to invest in this project," Mr Arto said.
SCCC, one-third owned by Switzerland-based Holcim, signed a memorandum of agreement with Cambodia's Chip Mong Group in December for the study.
November 25, 2011
Korean firm looks to open LED plant in the Kingdom
[PHNOM PENH POST]
A South Korean firm said yesterday it planned to invest as much as US$3 million in a light bulb factory in Cambodia and may supply Phnom Penh’s streets with LED lamps.
SP Semiconductor and Communication, an electronics firm, would build the factory next year in Sihanoukville province, director of research and marketing Lee Si-kyung said.
The company recently opened an office in Cambodia country and would target big businesses with the power-saving bulbs. Although the company would begin operations in Cambodia with light-bulb assembly, there was potential for parts manufacturing in the future, he said.
If approved by the government, SP could supply all of Phnom Penh’s 8,000 street lights with LED bulbs, Lee Si-kyung said, adding that the project would be worth as much as $13 million.
A South Korean firm said yesterday it planned to invest as much as US$3 million in a light bulb factory in Cambodia and may supply Phnom Penh’s streets with LED lamps.
SP Semiconductor and Communication, an electronics firm, would build the factory next year in Sihanoukville province, director of research and marketing Lee Si-kyung said.
The company recently opened an office in Cambodia country and would target big businesses with the power-saving bulbs. Although the company would begin operations in Cambodia with light-bulb assembly, there was potential for parts manufacturing in the future, he said.
If approved by the government, SP could supply all of Phnom Penh’s 8,000 street lights with LED bulbs, Lee Si-kyung said, adding that the project would be worth as much as $13 million.
November 23, 2011
Cambodia Has 552 Garment Factories
[AKP]
Secretary of State at the Ministry of Labor and Vocational Training H.E. Mam Vannak on Tuesday said 552 garment factories have been currently operating in Cambodia.
Speaking at a press conference at the International Labor Organization Office in Phnom Penh, H.E. Mam Vannak said in the first ten months of the year, the number of garment factories in Cambodia rose to 552 from 501 last year.
The garment factories have been employing more than 300,000 workers and some 2,160 local trade unions have been registered, he said.
According to the Ministry of Commerce, in the first nine months of 2011 Cambodia exported up to US$3,132 million worth of garment.
Secretary of State at the Ministry of Labor and Vocational Training H.E. Mam Vannak on Tuesday said 552 garment factories have been currently operating in Cambodia.
Speaking at a press conference at the International Labor Organization Office in Phnom Penh, H.E. Mam Vannak said in the first ten months of the year, the number of garment factories in Cambodia rose to 552 from 501 last year.
The garment factories have been employing more than 300,000 workers and some 2,160 local trade unions have been registered, he said.
According to the Ministry of Commerce, in the first nine months of 2011 Cambodia exported up to US$3,132 million worth of garment.
Cambodia postpones levying profit tax on garment, footwear
[XINHUA]
PHNOM PENH, Nov. 23 -- Cambodian Prime Minister Hun Sen announced Wednesday the government would give an exemption on the profit tax for the kingdom's garment and footwear factories until 2015 in exchange for the 5 U.S. dollar increase of wage by the manufacturers to the workers.
"The manufacturers asked the government to delay taking the profit tax of one percent a month from them until 2015 so that they would give an additional 5 U.S. dollars per month to each of the garment and footwear workers for healthcare," he said during the 16th Government-Private Sector Forum.
"Now, I agree on that and the agreement will come into effect from January 2012," he said.
The government estimated the tax loss of 1.23 million U.S. dollars a month or 15 million U.S. dollars a year, he said.
"It is for the benefit of the workers to get additional 5 U.S. dollars for healthcare," he said.
The garment industry represented more than 90 percent of Cambodia's total exports. The sector has 262 garment factories employing 319,313 workers and 36 foot-wears factories with 56,643 workers, according to the reports of the Commerce Ministry.
Currently, the minimum monthly wage for a worker is 61 U.S. dollars.
PHNOM PENH, Nov. 23 -- Cambodian Prime Minister Hun Sen announced Wednesday the government would give an exemption on the profit tax for the kingdom's garment and footwear factories until 2015 in exchange for the 5 U.S. dollar increase of wage by the manufacturers to the workers.
"The manufacturers asked the government to delay taking the profit tax of one percent a month from them until 2015 so that they would give an additional 5 U.S. dollars per month to each of the garment and footwear workers for healthcare," he said during the 16th Government-Private Sector Forum.
"Now, I agree on that and the agreement will come into effect from January 2012," he said.
The government estimated the tax loss of 1.23 million U.S. dollars a month or 15 million U.S. dollars a year, he said.
"It is for the benefit of the workers to get additional 5 U.S. dollars for healthcare," he said.
The garment industry represented more than 90 percent of Cambodia's total exports. The sector has 262 garment factories employing 319,313 workers and 36 foot-wears factories with 56,643 workers, according to the reports of the Commerce Ministry.
Currently, the minimum monthly wage for a worker is 61 U.S. dollars.
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