Cambodia's Luxury Wood Trade to China Revealed
Thousands of cubic meters of luxury wood is being shipped from Cambodia to China each year, according to official Chinese import documents shown to The Cambodia Daily. According to the data, some 36,000 cubic meters of logs under the “rosewood” category have been recorded entering China ...
Firm to Offer Financing for Motorcycles
Thailand’s GL Finance Plc. launched its business in Cambodia on Friday by opening eight branches in Phnom Penh and Kandal province that will operate hire purchase operations out of Honda motorcycle dealership. Speaking during the opening ceremony for its branch in Phnom Penh’s Prampi Makara district, ...
Striking workers resign in trade-off
Tae Young factory workers have ended their strike demanding the reinstatement of 16 fired workers after the factory last week agreed to drop its legal complaints against eight of the 16 in return for the entire group’s official resignations. About 600 protesters began the strike at ...
Sesan Dam Approval Angers Villagers, Human Rights Groups
The government approved the Lower Sesan 2 dam project in Stung Treng province without any prior consultation with the most affected communities in Sesan district, where at least 5,000 people stand to be displaced, rights groups and villagers said yesterday. A study published earlier this ...
http://www.cambodiadaily.com/news/sesan-dam-approval-angers-villagers-rights-groups-5231/
Cambodian PM vows to protect environment
Cambodian Prime Minister Hun Sen said Monday he decided to choose environment protection, not to choose 30 billion U.S. dollar expected revenues from the exploitation of titanium ore in Southwestern Cambodia. “According to a feasibility study, titanium ore deposit in Chhiphat district in Koh Kong province ...
http://news.xinhuanet.com/english/world/2012-12/17/c_132046623.htm
Strikes in Cambodian factories may hit orders
Officials of the Garment Manufacturers Association in Cambodia (GMAC) are concerned that recent strikes could delay delivery to customers, and factories are looking for solutions to meet buyers’ demands. About 10,000 workers in seven or eight garment factories have gone on strike recently demanding higher wages ...
Wide Gap Hampers Cambodian Wage Talks
A higher minimum salary for Cambodia’s garment and footwear worker is still not within sight after talks broke down Tuesday between unions representing the workers and their employers, officials said. The garment and footwear workers unions proposed to nearly double the current minimum monthly wage of ...
http://www.rfa.org/english/news/cambodia/wages-02262013140215.html
Families ask PM to help end dispute
About 500 families from three communes in Siem Reap province’s Chi Kraeng district are seeking the prime minister’s intervention in a dispute with a rubber company over 1,000 hectares of land. Siem Reap provincial governor Chan Sophal said on Wednesday that Cambodian People’s Party lawmaker Seang ...
World Bank Ups Cambodia’s Ranking Over Better Logistics
Cambodia has moved up 27 places on a biennial World Bank list that ranks the ease of importing, exporting and transporting goods in different countries. Cambodia was ranked 101 out of the 155 countries included in the World Bank’s report titled Trade Logistics in the Global ...
Land Project Sees Second Bribery Suspension
A second police official in Ratanakkiri province has been suspended on suspicion that he demanded money from villagers so that their names could be included on a list of people eligible for land titles as part of Prime Minister Hun Sen’s new titling program, police ...
Rice Harvest to Yield Growth, Official Says
As Cambodia’s rice harvest gets into full swing, the government said yesterday that it expects this year’s crop to exceed last year’s, despite fears that drought would limit the yield. Minister of Agriculture Chan Sarun said that farmers had already harvested more than 3 million tons ...
From the Great White North to Takhmao
The town of Chilliwack in the Canadian province of British Columbia is indeed far, far away from the town of Takhmao in Kandal province. But, the cities have entered into a perhaps unlikely partnership to help Takhmao make the most of its location and resources ...
Cedac buys rice miller to boost imports
The Cambodian Center for Study and Development in Agriculture, or Cedac, has built a $500,000 rice mill in Phnom Penh’s Pur Senchey district in the hope of exporting more milled rice overseas, an official said yesterday. “We expect that in 2013, we would export between 200 tons and ...
Aeon considering more malls in Phnom Penh
More than 4,000 people attended a ceremony in December last year that saw Japan’s largest shopping mall developer and operator, Aeon, breaking ground on its three-storey mall in Phnom Penh, and the company says it is already considering building more in the capital. Aeon Mall ...
Juneyao Airlines tries flights from Shanghai
Private Chinese carrier Juneyao Airlines is planning to launch direct flights from Shanghai to Cambodia as soon as this month. The move – which has been labelled unrealistic – would also see the airline potentially break into the monopolised route from the Chinese city. The Shanghai-based ...
Cassava farmers rely on Thai seed imports
Cassava farmers in Banteay Meanchey province had to import seeds from Thailand this season in response to rapidly-changing weather conditions that interfered with seed growth. Te Haing, a cassava farmer in Banteay Meanchey who planted more than 1,000 hectares this season, told the Post yesterday that ...
http://www.phnompenhpost.com/2013061766299/Business/cassava-farmers-rely-on-thai-seed-imports.html
Firm to Develop Gold Mine in Ratanakkiri
A subsidiary of Indian firm Mesco Steel has arrived in Cambodia to begin developing a gold mine in Ratanakkiri province, according to an investor involved in the deal. Mesco Gold has paid a fee of $1.2 million to Canada-listed exploration firm Angkor Gold to develop a ...
http://www.cambodiadaily.com/business/firm-to-develop-gold-mine-in-ratanakkiri-19319/
Firm Announces Rice Energy Plan in Cambodia
A U.S.-based energy company has announced that it is planning a biomass project using genetically modified rice in Cambodia, in a purportedly massive deal about which little information has been made public. In a statement posted online Thursday, Sino Bioenergy Corp. said it had signed a ...
http://www.cambodiadaily.com/business/firm-announces-rice-energy-plan-in-cambodia-19105/
Cambodia's garment exports up 17 pct in Q1
Cambodia exported garment and textile products in equivalent to 1.34 billion U.S. dollars in the first quarter of 2013, up 17 percent from 1.14 billion U.S. dollars at the same period last year, the Commerce Ministry’s report showed Friday. Garment industry is the country’s ...
http://news.xinhuanet.com/english/business/2013-04/26/c_132342123.htm
Cambodia’s petroleum imports decrease
The Kingdom imported 412,190 tonnes of petroleum in the first quarter of 2013, compared with 471,000 tonnes in the same period the previous year, a decline of 12 per cent, according to the Ministry of Commerce. A private sector representative said the drop does not mean ...
http://www.phnompenhpost.com/2013051565620/Business/cambodia-s-petroleum-imports-decrease.html