News
Factory openings provide 50,000 new jobs
More than 100 new factories were registered during the first nine months of the year, creating over 50,000 jobs, a government spokesman said on November 10. Oum Sotha, spokesman for the Ministry of Industry and Handicraft, said the ministry recorded 116 new factory openings from ...
Factory for Nissan cars, parts proposed
A Malaysian automotive company has requested approval to establish a factory in Cambodia to assemble Nissan automobiles and manufacture spare parts for the vehicles, a government official said on November 9. Eang Sophallet, a spokesman for Prime Minister Hun Sen, said the premier met the ...
Garment workers urged to boost sector’s productivity
Prime Minister Hun Sen on November 7 urged garment workers to improve their productivity in order to prevent factories from closing shop and moving to such countries as Laos, Bangladesh and Myanmar, all of which have lower minimum wages. His comments came during a graduation ceremony ...
Industrial park aims for SME segment
WorldBridge International Group will sink $25 million into developing an industrial park for small and medium-sized enterprises in Kandal province after signing a memorandum of understanding with the Ministry of Industry and Handicrafts on November 4, the company’s chairman said on November 7. The industrial ...
IIP growth drops
Việt Nam’s index of industrial production rose by 7.2 per cent in the first 10 months of 2016, according to the General Statistics Office. The increase was much lower than that of the same period last year due to strong decline in ore mining. In ...
Waiting to tap rubber’s rebound
The large-scale rubber plantations that arrived in force in Cambodia a decade ago as global rubber prices moved to historic peaks are facing sober prospects as trees they planted before the commodity’s prices headed south begin to reach maturity. While international rubber prices have been ...
