Wednesday, January 22, 2020
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Zilingo helps Cambodian textile units raise efficiency

Singapore-headquartered global fashion-technology platform Zilingo recently collaborated with the Garment Manufacturers Association in Cambodia (GMAC) and the Cambodia Garment Training Institute (CGTI) to bring a new form of digitisation to the country’s garment factories by increasing efficiency and reducing defects through its proprietary production software.

Cambodia’s CDC clears 4 investment projects worth $17.2 mn

The Council for the Development of Cambodia (CDC) recently announced approving four investment projects worth around $17.2 million.

Cambodia offered export rights to 78 factories last year

Cambodia’s ministry of commerce recently granted export rights under the preferential trading system to 78 garment, footwear and bag factories in the first 11 months of last year, according to its annual report.

Cambodia’s exports continue strong growth: ministry

Cambodia’s exports have been valued at $10.81 billion during the first 10 months of the year, an increase of 6.45 per cent, according to the ministry of commerce.

Cambodia approves 3 garments-bags projects worth $8.8 mn

The Council for the Development of Cambodia (CDC) recently approved three investment projects in the bags and garments sector with a total capital investment of $8.8 million.

RMG units open in Cambodia despite risk of EBA deal loss

Garment units continue to open in Cambodia despite the looming threat the country faces of losing its Everything-but-arms (EBA) status from the European Union (EU), according to a recent report by the United Nations Conference on Trade and Development (UNCTAD).

Maintaining Cambodia’s sovereignty more important: PM

It is more important for Cambodia to maintain its independence and sovereignty than to retain special trading privileges that the European Union (EU) has threatened to withdraw, Prime Minister Hun Sen said last week.

GMAC meets EU INTA members to retain Cambodia’s EBA status

Garment Manufacturers Association of Cambodia (GMAC) president Van Sou Ieng and secretary general Ken Loo met members of the European Parliament’s Committee of International Trade (INTA) in Brussels last week to discuss and lobby for retaining Cambodia’s ‘Everything But Arms’ (EBA) benefit. Sou Ieng said he met 27 INTA members, including its chairman.

Condition of Cambodian garment workers improves: ILO

Cambodia has seen remarkable improvements in labour standards in the garment and footwear industry, according to a recent International Labour Organisation (ILO) report.

Moody’s warns of ‘credit negative’ if Cambodia loses EBA

Cambodia’s potential loss of its Everything But Arms (EBA) preferential trade access to the European Union (EU) would weaken its economic growth and lead to a credit negative, Moody's Investors Services has cautioned. With a B2/stable sovereign rating, it would undermine the price competitiveness of its garment exports unless they are offset by productivity gains.