Seized timber sold for $15 mil
A total of 60,000 cubic meters of illegally-felled luxury timber confiscated by the National Anti-Deforestation Committee (NADC) sold at auction yesterday for $15 million, $3 million above the reserve price. Soung Meng Kea, chairman of the subcommittee running the auction and undersecretary of state at the ...
May Titthara
http://www.khmertimeskh.com/news/31435/seized-timber-sold-for--15-mil/
Volkswagen to be sold in Kingdom
Cambodia’s authorised distributor for Mercedes-Benz will also be selling Volkswagen vehicles in May, as it hopes to cash in on higher growth in the mass-market car sector. Though the sole distributorship deal was signed in 2009, Hung Hiep Group received approval last week from VW to ...
http://www.phnompenhpost.com/2013030761799/Business/volkswagen-to-be-sold-in-kingdom.html
To Phnom Penh Relief, Dam Starts Operating
The Kirirom III Hydropower Station in Kompong Speu province started operating last month, providing 18 megawatts of electricity to both Kompong Speu and Phnom Penh, an official at state-owned Electricite du Cambodge said yesterday. The additional power from the $47 million dam will help alleviate Phnom ...
Chinese firm acquires large stake in Kampot $100m cement factory
Chinese firm Huaxin Cement Co has purchased a 40 per cent stake in Cambodia Cement Chakrey Ting Factory Co, a cement-making factory currently under construction in Kampot province. Huaxin’s $24 million investment Cambodia Cement lifted the local factory’s working capital to $60 million, up from $32 ...
Chan Muyhong
http://www.phnompenhpost.com/business/chinese-firm-acquires-large-stake-kampot-100m-cement-factory
Clash at Koh Kong SEZ protest
A 60-year-old woman was injured and sent to hospital yesterday when police cracked down on anti-eviction protesters blocking a busy bridge in Koh Kong province, villagers said. More than 100 villagers locked in a dispute with the company that manages the Koh Kong Special Economic ...
Sen David and Pech Sotheary
http://www.phnompenhpost.com/national/clash-koh-kong-sez-protest
Half a million workers already affected by cancelled orders
The Garment Manufacturers Association in Cambodia (GMAC) has stated approximately 60 percent of its factories have been severely affected by cancelled orders of ready-made garment exports, due to the COVID-19 pandemic. ...
Sok Chan
https://www.khmertimeskh.com/50710646/half-a-million-workers-already-affected-by-cancelled-orders/
Suspects wanted for logging thousands of trees in Mondulkiri
Mondulkiri provincial authorities are working to identify suspects who cut down tens of thousands of trees and buried them in a 60ha patch of forestland in order to take over the land. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/suspects-wanted-logging-thousands-trees-mondulkiri
Second round of Siem Reap cattle vaccinations underway
Siem Reap has received more than 60,000 doses of cattle vaccines and is preparing to administer them for the second time this year, according to provincial Animal Health and Production Bureau chief Prum Vich. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/second-round-siem-reap-cattle-vaccinations-underway
More than 20 families in Kampot province accuse a powerful person of encroaching on their land and sue many people for imprisonment
Approximately 26 families in Kep province who have plantations in Kampot province accuse a powerful person of encroaching on nearly 60 hectares of their land and sued the people to threaten to demoralize not to protest. ...
GIZ supports NSAF with office supplies donation
The National Social Assistance Fund (NSAF) received nearly 60 office supply items from the governments of Germany and Australia through the German development agency GIZ. The materials will support the NSAF’s efforts to provide effective social assistance. ...
Chea Sokny
https://www.phnompenhpost.com/national/giz-supports-nsaf-office-supplies-donation
Exports to India up over 57% in ‘23
Cambodia garnered over $233 million in the first ten months of 2023 from exports to India, marking an increase of nearly 60% compared to the corresponding period in 2022. ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-to-india-up-over-57-in-23
Better to Ride These Bikes Than Make Them
Cambodia’s export business is in the process of changing due to shifts in manufacturing in Asia. A business publication in the country has reported unexpected growth in the “machinery and transport equipment” sector and speculated it was as [sic] “probably bicycles.” But when Cambodia jumped ...
http://www.iede.co.uk/news/2013_750/better-ride-these-bikes-make-them
Pailin governor orders 19 families to move off his land
More than 60 police and military police informed 19 families farming on a plot of land in Pailin province’s Sala Krao district on Saturday that they would have to move as they were growing crops on state land. However, Prak Sophima, provincial coordinator for rights group ...
Aun Pheap
http://www.cambodiadaily.com/news/pailin-governor-orders-19-families-to-move-off-his-land-53397/
Factory for named brands slammed for faintings
Low wages and a lack of occupational health and safety measures led to a mass fainting on Tuesday at a Phnom Penh garment factory that produces clothes for well-known brands Wal-Mart, Target and Reebok, according to a statement released by the Community Legal Education Center ...
Otres ditch dwellers still fighting for ‘their land’
Police and military officials violently evicted more than 100 families from their homes in Burnt Bridge village, just south of Sihanoukville, in 2007. Many of the families made temporary shelters with wood, plastic, and corrugated metal on a road behind Otres Beach. Almost nine ...
Jonathan Cox and Ros Chanveasna
http://www.khmertimeskh.com/news/21380/otres-ditch-dwellers-still-fighting-for----their-land---/
Unions will negotiate for a $180 minimum wage
A group of 17 union leaders will demand $179.60 when they sit down for the latest round of negotiations this week to determine the minimum wage in the garment sector, which employs more than 600,000 Cambodians. The monthly minimum wage is currently $140. The new figure ...
Ben Sokhean
https://www.cambodiadaily.com/news/unions-will-negotiate-180-minimum-wage-117581/
Study reveals extent of Mekong dam food security threat
The planned construction of hydropowered dams on the Mekong River in South-East Asia could jeopardise livelihoods, water access and food security for 60 million people, across Cambodia, Laos, Thailand and Vietnam, according to a study. The study reports that dams will block fish migration routes and ...
Ratings Agency Retains Stable Growth Outlook for Cambodia
Rating agency Standard & Poor’s (S&P) on Friday reaffirmed Cambodia’s long-term sovereign credit rating of “B” due to the country’s positive growth outlook, but again warned of risks related to the country’s narrow economic base. “Economic output growth is vulnerable due to the still large ...
Job losses ‘discrimination’
More than 60 union leaders lost their jobs at garment factories in the past nine months for trying to unionise co-workers, their representatives claimed yesterday. Fourteen members of the Cambodian Alliance of Trade Unions endured threats, discrimination and ultimately a message they were no longer welcome ...
http://www.phnompenhpost.com/2012121960367/National/job-losses-discrimination.html
Last Year Saw More New Firms Register
Almost 3,400 new businesses were registered in Cambodia in 2012, an increase of 9 percent on the previous year, according to figures from the Ministry of Commerce. In 2012, the ministry’s business registration department recorded some 3,385 new companies, compared with 3,104 new companies in 2011, ...