In a show of solidarity, the Garment Manufacturers Association in Cambodia (GMAC) joined forces with eight competing Asian textile and garment lobby groups to demand better purchasing practices in an industry wrestling with Covid-19 production and supply chain disruptions.
Implementing sustainable clean energy practices in the garment industry will make the Kingdom an attractive and competitive investment destination, according to the Global Green Growth Institute (GGGI).
Cambodia exported goods worth $6.06 billion to the US market in the first 11 months of last year, up 22.2 per cent from the same period in 2019, while total bilateral trade volume reached $6.37 billion, according to data released by the US Bureau of Commerce.
State-run electricity utility Electricite du Cambodge (EDC) has inaugurated a new substation and 230kV high-voltage transmission line in Tbong Khmum province as part of the government’s efforts to promote electrical-grid stability for the public and industries.
The General Directorate of Rubber under the Ministry of Agriculture, Forestry and Fisheries and World Wide Fund for Nature-Cambodia (WWF-Cambodia) have announced their cooperation to build a multilateral partnership for transparent and sustainable natural rubber supply chains in the Kingdom.
Cambodia and nine other ASEAN member states signed a protocol to amend the bloc’s Mutual Recognition Agreement (MRA) last week in Thailand with the aim of enhancing tourism expertise in the region.
The Kingdom has officially launched a “National Cassava Policy” (NCP) to boost domestic production, processing and commercialisation for export to international markets in line with the government’s Industrial Development Policy for 2015-2025.
The Ministry of Commerce’s General Department of Trade Promotion on January 11 signed a memorandum of understanding (MoU) with trade-, service- and retail-consultant Beyond Real Business (Cambodia) Co Ltd (BRB) and Coca-Cola Co to promote handicrafts products trade.
Industrial players in the aquaculture sector applauded a government decision to temporarily suspend the import of some species that are most commonly produced in Cambodia, hoping to curtail overall imports and instil more confidence in farmers to raise fish.
Cambodia is gauging about 50 commodities around which to craft a strategic approach on free trade agreements (FTAs) and make the most of bilateral deals with major trading partners, according to Ministry of Commerce undersecretary of state Pen Sovicheat.