Registration of garment factories up in first half

Jul 7th at 13:13
07-07-2014 13:13:07+07:00

Registration of garment factories up in first half

The number of garment factories registered in Cambodia reached 1,200 at the end of June, an 8 per cent increase over six months ago, according to data released by the Ministry of Industry and Handicraft.

The report also showed that the garment sector employed 733,300 workers at the end of last month, up from 677,600 at the end of 2013.

“It is a good sign for the industry,” Mean Sophea, undersecretary of state at the ministry, said.

Sophea refused to comment on what the growth rate might mean for the sector following months of unrest after a nationwide minimum wage strike turned violent in January, with five people killed when police opened fire on protesters with live rounds.

However, Garment Manufacturers Association in Cambodia secretary-general Ken Loo said on Thursday that while there is still interest in the sector, the figures are of registrations only and factory owners were still cautious of investing after the January protest.

‘For our membership, yes it has been increased for sure, year on year, but the rate of increase is slower if you compare this year to last year,” he said.

phnompenh post



NEWS SAME CATEGORY

Electricity provider to offer Wing payments

Electricite du Cambodge (EdC) on Monday announced it will offer customers in Sihanoukville, Battambang and Siem Reap the option to pay their bills via mobile...

Urban planning needed: ADB

With a rapidly rising population exacerbating the country’s existing infrastructure, the Asia Development Bank (ADB) has highlighted in a new study the Cambodian...

Aeon Mall officially opens to thousands of shoppers

After more than $205 million spent, 18 months of construction and a one-week soft-opening period, Aeon Mall's offical opening is finally here – and the crowds are...

Thai border casino sold off

Embattled slot machine and casino operator Entertainment Gaming Asia (EGA), a subsidiary of Macau-based gaming giant Melco, has sold its Dreamworld-branded Pailin...

Local IT firm eyes off-shore expansion

Information technology firm First Cambodia on Friday joined forces with little-known Singaporean investment company GlobalVision, in a move that aims to expand the...

Angkor Gold confirms $10m partnership deal

Cambodian firm Angkor Gold Corp (ANK) on Thursday finalised a partnership agreement with Hong Kong firm Tohui Beishan Property Group Holding Limited (TG) worth more...

Telecoms warned over ID lapse

Senior government officials yesterday issued a stern warning to the country’s largest mobile operators, claiming they handed out SIM cards to migrant workers...

Ten commandments: Gov’t lays out food standards

Makers of food- and beverage-related products are for the first time facing mandatory health regulations, with the unveiling of 10 national standards by the...

Strikes spur Target roll-back

American retail giant Target is another major brand scaling back its sourcing from Cambodia in response to garment industry turmoil here, Minister of Commerce Sun...

Wedding business a winning proposal

It’s no secret. Weddings in Cambodia are big, colourful and extravagant affairs. Guests drink and eat to their heart’s content, music draws revellers onto the dance...


MOST READ


Back To Top