Cambodia’s footwear exports rise 49 pct in 2011
Cambodia had exported footwear products in equivalent to 264 million
U.S. dollars last year, a 49 percent rise from 177 million U.S. dollars
in a year earlier, a report by the Ministry of Commerce showed on
It said that the main markets for Cambodia-made shoes are the United
States, European countries, Canada, Japan and some Asian countries.
According to the report, the country has 40 footwear factories
employing 62,470 workers – 90 percent of them are female.
The sector spent about 60 million U.S. dollars for workers’ wages per
annum, it said.
Speaking at the annual commerce meeting on Monday, Cham Prasidh,
Minister of Commerce, said that the country’s shoe industry has been
remarkably grown in recent years and it would be one of the potential
sectors for economic development in the near future.
AAFA and FLA urge resolution to violence in Cambodia:
The American Apparel & Footwear Association (AAFA), along with the Fair
Labor Association (FLA), the Ethical Trading Initiative, and a broad
range of apparel and footwear brands and retailers sent a letter to
Cambodia’s Minister of Commerce H. E. Cham Prasidh expressing concern
over recent violent unrest that continues to plague Cambodia. Most
notably, during a recent incident in the Manhattan Special Economic
Zone (SEZ) on February 20, 2012, three female workers were shot and
+ ATTACHED from BetterFactories:
SEZ shooting victims to file court complaint.gif
Sar Kheng says any removal of other officials must follow law:
Interior Minister Sar Kheng says removing any other officials linked to
a recent shooting of workers in Svay Rieng must be made according to
In a letter to Cambodian Confederation of Unions President Rong Chhun,
the minister said the shooting of three factory workers in Bavet last
month had been investigated clearly.
Moreover, the complaint has already been sent to Svay Rieng Provincial
Court against suspected gunman Chhouk Bundith, the former governor of
Bavet who has since been removed. Rong Chhun released the letter Monday
in response to his demand for the removal of the Svay Rieng police
commissioner, military chief and other officials.
In his letter, however, Sar Kheng said that any removal of Svay Rieng
officials “has to be made according to the law.”
Chouk Bundith has been summoned to appear in court on Friday.
Cambodia expects 7% GDP:
Cambodia’s forecast was based on the increases in garments exports,
tourist arrivals, and agriculture as well as a gradually recovered real
estate sector, the minister told reporters after a meeting at the
Ministry of Commerce.
Garment makers prepare to deal with tough year:
The garment and textiles industry is facing a hard year, with the
global economy remaining insecure and major importers cutting back,
The country’s major importers such as the US, the EU and Japan will
continue to tighten monetary policies and cut spending, according to
Dang Phuong Dung, general secretary of the Viet Nam Textiles
Dung said that since Viet Nam became an official member of the World
Trade Organisation (WTO) five years ago, the domestic garment and
textiles industry along with other economic sectors had made flexible
changes to adapt to new conditions.
The garment and textiles industry was seeing the fastest and most
stable growth for many years, and was an industry that Viet Nam had
many advantages in, she said.
more at “BUSINESS IN BRIEF 13/3”:
Textile industry buzzes with acquisitions:
Several textile and garment firms have seized opportunities in this
difficult economic situation by taking over inefficient factories.
Nguyen Thi Thanh Huyen, general director of Garment 10 Joint Stock
Company (Garco 10), said the company last year acquired machines of a
German firm and started operation in October.
According to Hoyden, the German company had developed its production
facility, but encountered financial problems, could not hire workers
and was forced to sell its factory.
more at “BUSINESS IN BRIEF 13/3”:
Vietnam garment firms get tips to boost exports to EU:
Keeping a tab on consumer tastes and adherence to ethical and
environmental norms are the pre-requisites for Vietnamese garment firms
willing to boost their exports to the European markets.
Cotton exports to China under scanner:
Even as the Director-General of Foreign Trade issued a fresh
notification lifting the ban on cotton exports, the government is set
to launch a probe into the “self consignments,” mostly to China, and
scrutinise the export receipt certificates (ERCs) to get to the root of
the sudden spurt that caught it unawares.
‘Cotton importers won’t trust India’:
The Union Government should take the blame for its ‘erratic cotton
export policy’, first imposing a ban on cotton exports a week ago and
then subsequently, withdrawing it, according to Dr. Y. Sivaji, former
member of the Rajya Sabha and the Honorary President of AP Virginia
Tobacco Growers’ Association.
India Fashion Forum begins in Mumbai:
In its 12th edition now, the India Fashion Forum 2012 (IFF’12) which
begins on Tuesday at Bombay Exhibition Centre, Goregaon will bring
together retailers, manufacturers and investors under one roof.
The organised Indian fashion market has evolved considerably over the
past five years having grown at an annual rate of 10 per cent. The
international forum explores factors driving this growth, learnings and
India allows limited export of cotton:
India yesterday partially lifted a week-old ban on cotton export after
protests from growers and traders at home.
The Indian government yesterday issued an order, rolling back the
decision of ban, but not for full resumption of export, according to
media reports from India. The South Asian nation allowed partial
exports to prevent other countries such as China — its biggest
customer — from stockpiling.
Cotton futures fall in India:
Cotton futures erased gains in India yesterday.
India’s domestic cotton contract on the Multi Commodity exchange fell
0.41 percent to 17,030 rupees per bale of 170 kg each.
With no prospect of fresh exports for at least two weeks, there will be
no fresh buying from the local market, traders said.
Textile mills are also likely to hold back, waiting for domestic prices
to fall, said Arunbhai Dalal, a trader from Rajkot in the western state
of Gujarat. Raw cotton prices have fallen by over 1,000 rupees to less
than 3,000 rupees per 100 kg since the government first banned exports
a week ago, traders say.
Central trade union of Sri Lanka Marxist party to hold annual
Inter Company Workers Unions of the National Trade Union Center (NTUC)
affiliated with the Marxist party of Sri Lanka Janatha Vimukthi
Peramuna (JVP) will hold 13th Convention of union delegates at the
Sugathadasa Indoor Stadium tomorrow, a party spokesman said.
More than 570 institutions Island wide would participate in the
convention on 13th March, .
Senior assistant secretary of the Union, P. Hettiarachchi says that the
government has not given any salary increment for private sector
workers but has burden them with tax and fines while real wages have
been devalued by depreciating the rupee.
A protest march is also to be held before the convention on 13th March
in Colombo, the JVP trade union spokesman said.
The central union demands a 40% salary increase, a pension for private
sector employees and to gazette the cost-of-living index as Rs 280.
The NTUC recently wrote to President Mahinda Rajapaksa asking him to
bring down the cost of living and demanded that provision be made
to pay a special cost of living allowance of Rs. 3,000 to the working
Indonesian textile industry faces hurdles – Experts:
The Indonesian textile industry may face difficulty in expanding this
year as the country’s domestic market is dominated by Chinese goods,
while its exports are also not likely to increase, according to experts.