ILO CATALOGUING IN PUBLICATION DATA Guide to the Cambodian Labour Law for the Garment Industry Phnom Penh, International Labour Office, 2020 Cambodia Economic Update Dec 2020; Cambodian Economy Hit Hard by Pandemic But Projected to Recover in 2021 Cambodia's economy is hit hard by the COVID-19 pandemic but is projected to recover in 2021. Hin Pisei. Published by Statista Research Department , Nov 9, 2021. The real estate market in Cambodia was robust at the beginning of 2020. Moreover, the polyline data of railway given by Save Cambodia's Wildlife's Atlas Working Group in Cambodia for two statuses such as existing . , Jul 27, 2021. CAMFOOD & CAMHOTEL 2022 is Cambodia's International Hospitality and Food & Drinks Exhibition. The garment industry is Cambodia´s most important manufacturing sector but the sector is in danger to lose its effectiveness in a global market due to inefficiencies in the production processes and high energy costs. The consumption of fruits is projected to grow at a CAGR of 2.1% during the forecast period (2020-2025). PM: Exports hit $16B in 2020. ACLEDA is the largest local commercial bank in Cambodia in terms of total assets. Cambodia Airports has said that it is set to welcome thousands of visitors per day, up from its current 200-300 pax. Trend of GDP Annual Growth. Exports declined in the first half of the year, while tourist arrivals were down around 90%. 2.4. Although a number of imported cases and transmission to direct contacts were confirmed throughout 2020, no community . 400, 0003 - 650 0004 Garment % of GDP (2013): 16% 5 Garment % of export: sources give figures from 70%6 - 80%7 Value garment export (2013): €3.93 billion/$4.97 billion8 (some sources estimate the . Better Factories Cambodia has revised its Guide to the Cambodian Labour Law for the Garment Industry for 2020.This comprehensive guide brings together all sources of Cambodian labour law, derived from the Labour Law itself, regulations of the Royal Government, international labour standards that have been ratified by Cambodia, and the Cambodian Constitution. By the end of 2016, the population in Southeast Asia had exceeded 600 million. Doing Business 2020 Cambodia Page 4. 1. . The Cambodian construction and property sector saw a 47% year-on-year growth in approved construction projects between January and February 2020. April 2020. November 2020. Cambodia's electricity right now is not so clean. electricity from the grid generated by solar in 2020. As the COVID-19 pandemic is rapidly accelerating the transition to digital commerce, consumers are . DUBLIN, August 2, 2016 /PRNewswire/ --. We are delighted to share our comprehensive report for Q2 2020 Marketview with you where you will be able to find an update on all real estate sectors. Cambodia had a GDP of $24.57 billion in 2018. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. Read More Hide Extra Info. Unions have settled on a recommended minimum wage increase of almost $12 ahead of three-party discussions with factory and government representatives that will determine the base salary for Cambodia's garment and footwear industry workers for 2021. The May 2020 Cambodia Economic Update (CEU) was prepared by Sodeth Ly, with contributions from Claire Honore Hollweg, Sokbunthoeun So, Donna Andrews, Khy Touk, and Sokunpanha You Other contributors include Fata No, Ekaterine Vashakmadze, Simeth Beng, Pisith Phlong, Linna Ky, Kimsun Tong, and Runsinarith Phim Saroeun Bou and Chankesey Cambodia Freight and Logistics Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026) The Freight and Logistics market in Cambodia is segmented by Function (Freight Transport, Freight Forwarding, Warehousing, Value-added Services, Cold Chain Logistics) and by End-User (Manufacturing & Automotive, Oil & Gas and Quarrying, Agriculture, Construction, Distributive Trade (Wholesale . The key growth drivers—construction, tourism, and merchandise exports—which together account for more than 70 percent of growth and 39 percent of total paid employment, have been In 2016, the Japanese company Gomi Recycle 110 announced their plan to build a factory to recycle plastic waste into furniture. The Cambodian foodservice market was valued at USD 1,711.41 million in 2020 and is projected to register a CAGR of 13.57% during the forecast period (2021-2026). A Growing Sector. *Please note that Financial services industry in Cambodia: Business Report 2021 is a half ready publication. Cambodia's services sector is expected to contract by 1.7% in 2020, as tourism drops and growth in real estate slows. "Unions request increase of nearly $12 ahead of minimum wage talks", 1 September 2020. Cambodia's total exports reached $16 billion this year, marking an increase of more than 14 per cent compared to 2019, despite the spread of Covid-19 and the resulting disruption to production and slowdown in global supply chain expansion. The most definitive event for Laboratory Industry in Cambodia . Until the outbreak of the Covid-19 virus, this growth was expected to continue in 2020, where the Ministry of Tourism was hoping to welcome some seven million tourists . "Gathering the region's hospital, Diagnostic, Laboratory, Analytical, Biotechnology and Scientific Instruments & Technology sectors in one convenient location and providing the perfect platform to discover the latest industry innovations, to network and . U.S.-Cambodia agriculture trade is about $220 million per . In 2019, 34 . electricity from the grid generated by hydropower in 2020. CBRE Cambodia | Phnom Penh Marketview for Q2 2020. 112 garment factories open in 2020. Cambodia established its garment industry around 30 years back (in the 1990s) when expat investors began to put up manufacturing facilities. Cambodia Fruits and Vegetables Market - Growth, Trends, and Forecast (2020 - 2025) $ 3250 - $ 2600 - Get 20% off now! The initial impact of COVID-19 in Cambodia began in mid-March when the country closed its waterways and introduced restrictions on travellers from Italy, Germany, the US, France, Spain and Iran. Therefore, the NAMA for Energy Efficiency in electricity from the grid generated by coal and oil in 2020. 29 pages. These figures are very good compared to other nations in Asia. The tourism industry in Cambodia has said that it is ready to receive international tourists safely, but that they need a date for the reopening. The company exports menswear, womenswear, and childrenswear. Cambodia Major Industries: Agriculture, Construction, Development, Tourism & More. Driven by garment exports and tourism, Cambodia's economy has sustained an average annual growth rate of 7.7 percent between 1998 and 2019, making it one . Research and Markets has announced the addition of the "Cambodia Garment Manufacturing Industry Overview, 2011-2020" report to their offering.. Cambodia . Attitudes towards alcohol consumption in Cambodia are mixed and constantly shifting. The graph shows the distribution of foreign direct investment (FDI) inflows in Cambodia in 2018, broken down by industry. This site uses cookies to optimize functionality and give you the best possible experience. Expats in Cambodia have long appreciated the top-notch treatment available at the country's leading dental clinics and hospitals. KPMG in Cambodia was established in 1994. The list recognizes companies at the forefront whose strategy, achievements, … The banking industry is facing unprecedented disruption impacting M&A in H2 2020. Starting a Business This topic measures the number of procedures, time, cost and paid-in minimum capital requirement for a small- to medium-sized limited liability company to start up and formally operate in each economy's largest business city. In comparison, Cambodia recorded a growth of 4.3 percent compared to the previous year in value added in agriculture in 2012. GDP From Agriculture in Cambodia increased to 9545.80 KHR Billion in 2020 from 9470 KHR Billion in 2019. Held at the Diamond Island Exhibition and Convention Centre (DIECC), Koh Pich, Phnom Penh from 7-9 October 2022, the Event is set to be the biggest gathering of professionals from the hospitality and food & drinks industry in the Kingdom in 2020.