Garment Protest Turns Violent After Accord Fails
Violence erupted yesterday morning during a long-running protest at a Phnom Penh factory that produces clothing for international brands H&M, Gap and Levi Strauss when about 1,000 workers broke the factory’s gate and started hurling rocks to break its windows, protesters and military police officers ...
As Cambodia Courts US Business, Old Problems Remain
As a delegation of US business owners prepares to travel to Cambodia with US Secretary of State Hillary Clinton, analysts say they will be tough to court, given Cambodia’s lack of law enforcement. “Investors don’t bring guns, they don’t bring bodyguards—they bring money to invest,” said ...
CAMBODIA: INTERNATIONAL ARRIVALS INCREASED BY 24%
A report from the Tourism Ministry in Cambodia recently informed that the country witnessed a huge inflow of 2.57 million tourists in the period between January and September of this year. This is an increase of 24 percent in comparison to the same period in ...
http://www.tourism-review.com/cambodia-international-arrivals-increased-by-24--news3456
Mfone Employees Demand Unpaid Salaries
More than 100 former employees of the bankrupt mobile telephone company Mfone protested outside the firm’s shuttered offices in Phnom Penh yesterday, demanding that they receive salaries for working the month of February despite the company having already gone out of business. Mar Samoeun, 64, ...
Garment Exports Grow 15% in First Quarter
Garment and footwear exports from Cambodia increased 15.29 percent to $1.29 billion in the first three months of the year compared to the same period in 2011, according to figures released yesterday by the Ministry of Commerce. While exports to the European Union rose 46.76 percent to $376.14 million in ...
In Kompong Thom Province, Cricket Yield Skyrocketing
After years of poor yields, the cricket farmers of Kompong Thom province have more than tripled their average catch compared with the same time last year due to early rains, an agriculture official said yesterday. Ou Bunsophoan, director of the Kompong Thom provincial agriculture department, said ...
Phok Dorn, P. 23
http://cambodiadaily.com
Vietnam and Cambodia set ambitious US$5-billion trade target
Vietnam and Cambodia have set a target of US$5 billion in bilateral trade by 2015 as the countries’ economic relationship deepens. However, some wonder if such an ambitious goal is realistic, especially given the government’s desire to realize US$5 billion in annual trade with China by 2017. The goal was announced at a June 24 ...
Remittance Contributes Social And Economic Development
Cambodia, as one of the least developed countries and one of the poorest in the Greater Mekong Subregion, is an active participant in migration within the country, within the region and between the subregion and other regions. According to National Institute of Statistics in 2008, 26.52 percent of the Cambodian population ...
Dispute heats up with RCAF
Commune authorities and 41 Oddar Meanchey families Chheu Krom village staged a forum yesterday, accusing Royal Forces border soldiers of unlawfully grabbing their land and banning the villagers from farming in their area. The dispute, ongoing since 2008, has recently reached fever pitch as RCAF soldiers ...
Officials Halt Clearance of Community Forest
Forestry administration officials in Battambang province have stepped in to stop the destruction of a community forest area by military and police, officials said yesterday. Over two past months, soldiers, police and military police have destroyed part of the 1,335-hectare Prey Tralach forest in Rokha Kiri district, which ...
100 Kg of Fish Killed by 6-ton Chemical Spill
An estimated 100 kg of fish were killed and about 1,000 villagers were told not to drink from a stream that was contaminated with 6 tons of an unknown chemical substance in Kompong Chhnang province on Tuesday night, police said. A truck carrying 22 containers of ...
Bourse ready for first-day trading, CEO says
The Phnom Penh Water Supply Authority will launch its initial public offering (IPO) today on Cambodia’s bourse, and investors and securities officials said yesterday that they expected the company to make a strong start to trading The Water Supply Authority is issuing 13 million shares, which ...
Court Clears Leopard Capital in Loan Case
The Court of Appeal yesterday dismissed a complaint by the Canadian-Cambodian shrimp manufacturer Nautisco Seafood Manufacturing Inc. alleging that the private equity firm Leopard Capital had purposely indebted the company for its own personal gain. According to the Sihanoukville-based shrimp company’s complaint, Leopard Capital, a partner ...
Thai-Cambodian trade in Surin reaches new record high
The border trade in Surin province has reportedly reached 1 billion baht for the first time. The figure is said to be the new record high as the situation on the border of Thailand and Cambodia remains calm. Surin’s trade official Sitthiporn Bangkeaw said these ...
http://www.pattayamail.com/business/thai-cambodian-trade-in-surin-reaches-new-record-high-24190
Dam firm violated law
The parent company behind a firm constructing the Lower Sesan 2 dam in Stung Treng has repeatedly violated Chinese law by building “massive” power projects without prior approval, China’s national auditor has found. State-owned China Huaneng Group, of which Lower Sesan 2 partner Hydrolancang International Energy ...
http://www.phnompenhpost.com/2013060566083/National/dam-firm-violated-law.html
Rice miller plans to export 10,000 tonnes
State-owned rice miller Green Trade plans to export about 10,000 tonnes of milled rice to Libya this year, an insider has revealed. Thon Virak, director of state-owned rice exporter Green Trade, told the Post yesterday that he had signed an export deal with a private company ...
http://www.phnompenhpost.com/2013031461931/Business/rice-miller-plans-to-export-10-000-tonnes.html
Workers, cop injured as strike turns violent
Violence broke out twice yesterday at the Maru Chuen garment factory in Phnom Penh’s Dangkor district – first, between police and strikers, and later, between strikers and employees who remained at work. In the morning, seven workers and one police officer were injured after police intervened ...
http://www.phnompenhpost.com/2013032164547/National/workers-cop-injured-as-strike-turns-violent.html
Tourism drives Cambodia’s growth
Growth in tourism is the key driver that is pushing up the value of Cambodia’s service sector, according to the Asian Development Bank report released last week. But to reach its full potential the country still needs to harness resources and tackle the problems that are ...
Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2013/11/tourism-drives-cambodias-growth/
Lumber Tycoon Denies Allegations of Illegal Deforestation
The assistant of a lumber tycoon accused of major deforestation and forced evictions rejected Thursday the findings of a recent report by local rights groups. The Cambodian Human Rights Task Force said in its report that some 1,400 families had been pushed from their land by ...
Kong Sothanarith
http://www.voacambodia.com/content/lumber-tycoon-denies-allegations-of-illegal-deforestation-cambodia/1794954.html
Construction of new airport planned for 2014
After being delayed twice, construction of the New Siem Reap International Airport (NSRIA) is expected to start in early 2014, a senior government official said yesterday. Tek Reth Samrach, chairman of the NSRIA steering committee, said a detailed plan must be completed by the airport’s two ...
Chan Muy Hong
http://www.phnompenhpost.com/business/construction-new-airport-planned-2014