The Garment Manufacturers Association in Cambodia (GMAC) on Wednesday expressed concern over a decline in purchase orders from Western countries for the second half of 2022. GMAC Secretary-General Ken Loo said the unstable global situation and the likeliness of an economic downturn mainly in Western countries have raised “serious concern over the export situation for […]
Read MoreCambodia’s travel goods export to the US has increased by 59.5 percent in the first half of this year though the General Specialized Preference (GSP), which offers trade preference to the Kingdom’s travel goods, has not yet been renewed by the country. Figures from the Cambodia Travel Goods and Leather Association showed that the export […]
Read MoreInvestors from Thailand are mulling options to set up joint investments in Cambodia in some sectors, including processed food, agriculture, tourism, renewable energy, plastic, services, gems and jewellery. Around 60 businesspeople from Thailand visited Cambodia last week and the delegation held a discussion with the Minister of Industry Cham Prasidh. The business delegation termed its […]
Read MoreThai businesses have set their sights on expanding trade and investment in Cambodia, especially in processed food, agriculture, tourism, renewable energy, plastic, and gems and jewellery. Sanan Angubolkul, chairman of the Thai Chamber of Commerce (TCC), said Cambodia is seeing average economic growth of 7 – 8% per year as a result of the country […]
Read MoreCovid-19 and the ban on online gambling have left several businesses in Cambodia’s coastal city Sihanoukville sulking with over 1,500 multi-million building projects reportedly abandoned midway by investors. The city had a thriving gambling business from 2015 to 2019, but the government suddenly clamped a ban on it in August 2019, forcing many of the […]
Read MoreLey Sopheap, the President of E-Commerce Federation Association of Cambodia, announced his backing for the digital and e-commerce policy launched by the Royal Government. Sopheap’s declaration of support was made in front of more than 600 participants who participated in the e-commerce promotion and consulting, consumer protection and competition forum, held on August 9. According […]
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