Cambodia about to graduate from least developed country status: ADB
IANS -
It added that the Southeast Asian nation should consider forging new trade agreements with its major partners while improving the implementation and utilization of existing ones.
Unions urge Adidas CEO to compensate workers in open letter on Yeezy shoes
In a letter dated 30th May, 2023, unions endorsed Adidas’ pledge to donate Yeezy sneaker sales revenues to organisations that combat prejudice and hatred.
Cambodia sets course for sustainable, circular textile industry
The initiative called "Circular Fashion Partnership Cambodia," is a component of the Global Circular Fashion Forum (GCFF) that aims to help textile manufacturing nations to expedite and expand the recycling of post-industrial textile waste.
Australia’s apparel imports from Cambodia defy global declining trend
Despite a global decline in apparel imports, Australia's clothing imports from Cambodia rose to $42.575 million in the first quarter of 2023.
Trip.com Group, Cambodia Angkor Air team up to build a smart airport
TTG Asia -
Trip.com Group and Cambodia Angkor Air have signed a Memorandum of Understanding on May 24 to collaborate on the construction of a smart airport, develop tourism talent training programmes, and further promote Cambodia as a key global destination.
Number of international tourist arrivals to Cambodia skyrocket
Vietnam+ -
Cambodia attracted 1.29 million international visitors in the first quarter of 2023, an increase of 709% over the same period last year, according to the Ministry of Tourism's report released on May 23.
Thailand awaits reopening of tourism access to Preah Vihear
Thai and Cambodian troops bullish about current relations but trouble is never far away from the shrine-turned-border crossing.
World Bank Raises Cambodia’s 2023 Growth Forecast to 5.5%
Bernama -
The World Bank on Thursday raised its growth forecast for Cambodia to 5.5 per cent in 2023, up from its earlier projection of 5.2 per cent.
Nike Key to Cambodia Garment Worker Victory
Intervention by Nike helped restore the jobs of several garment workers who were dismissed following their election to office at a newly formed local union, a leading union federation said this month.
Cambodia’s apparel exports to major markets fall steeply in Q1, 2023
In Q1 2023, Cambodia's apparel exports amounted to $2.066 billion, with Europe and North America experiencing significant declines in trade.
Local vendors cash in as Cambodia hosts major sports event for first time (video)
Profits for some stalls have nearly doubled.
Nike, IndustriALL intervention reinstates Cambodia garment factory union leaders
Cambodian garment manufacturer T-win has reinstated eight local union leaders affiliated with the Collective Union of Movement of Workers (CUMW) following interventions from US fashion brand Nike and the IndustriALL Global Union.
4 Cambodians die in accident at unlicensed gold mine
AP -
Four Cambodian prospectors who were digging for gold in the central province of Kampong Thom were killed when earth collapsed into the pit where they were mining, a government official and a fellow villager said Friday.
Adidas Protest Crashes Sustainable Fashion Forum
According to #PayYourWorkers, Adidas currently owes over $11.7 million in wages to Cambodian garment workers in eight supplier factories.
Cambodia approves $10 mn investment projects, creating 2.9K jobs
The Council for the Development of Cambodia has approved two new investment projects worth over $10 million.
Vietnam & Cambodia among Southeast Asia’s fastest-growing economies
Vietnam and Cambodia are among the fastest-growing economies in Southeast Asia, as per several major organisations.
IFC, Cambodia sign PPP deal for logistics hub
Sihanoukville complex will complement existing port, vital for exports, connectivity.
Cambodia’s Mekong anticipates challenges coping with tourism demand
TTG Asia -
The increased levels of tourism recovery demand for the Mekong region are likely to cause operational in-bound challenges this summer, particularly with traditional markets such as China, stated Catherine Germier-Hamel, CEO of Destination Mekong.
Cambodia’s apparel exports down 22.56% to $1,654 mn in Q1 2023
The drop reflects sluggish global demand, with knitted exports falling 27.3 per cent and non-knitted exports dropping 12.8 per cent.
Cambodia’s international trade down 14.5% in Q1: report
Cambodia recorded US$11.25 billion in its international trade during the first quarter of 2023, down 14.5 per cent from $13.16 billion over the same period last year, said an official report released on Monday.
LATEST NEWS
UAE, Cambodia sign comprehensive economic partnership agreement
Both sides expressed confidence that the agreement would significantly contribute to elevating bilateral ties to new heights.
