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Cambodia's garment export reaches 3.54 bln USD in 8 months, up 11%

Cambodia has exported garment and textile products in equivalent to 3.54 billion U.S. dollars in the first eight months of 2012, a 11 percent rise from 3.19 billion U.S. dollars at the same period last year, a report from the Commerce Ministry showed Friday According to ...

http://news.xinhuanet.com/english/business/2012-10/19/c_131916898.htm

Aeon starts building Cambodia mall

Japanese mall operator Aeon Co. broke ground Monday on Cambodia’s first foreign-financed mall. “We are happy to contribute to the development of the local economy because it will create more than 2,000 jobs and we want to stay deeply rooted in Cambodia and we want to ...

http://www.japantimes.co.jp/text/nb20121211a1.html

NGO Says Clothing Giants Shirked Workers

A local legal aid NGO said yesterday that American retail giant Wal-Mart and Swedish clothing brand H&M have failed to take responsibility for a shuttered supplier factory in Phnom Penh that owes its workers up to $200,000 in unpaid severance payments. The Community Legal Education Center ...

http://www.cambodiadaily.com

Passport fee latest wrinkle in factory workers’ Thai plight

A rights group has raised concerns that up to 100 Cambodian migrant workers at a Thai seafood processing factory will be stranded abroad in less than a week without any income because they cannot afford to pay a passport fee demanded by their employer. Of the ...

http://www.phnompenhpost.com/index.php/2012051056095/National-news/passport-fee-latest-wrinkle-in-factory-workers-thai-plight.html

Preah Vihear to get new border crossing

The Cambodian government is seeking a new international border checkpoint in Preah Vihear province to link with Thailand’s Ubun province, officials say. Preah Vihear provincial governor Um Mara said officials from both countries had met to examine the possibility of opening a new international checkpoint. There ...

http://www.phnompenhpost.com/index.php/2012081658022/Business/preah-vihear-to-get-new-border-crossing.html

Silk Air celebrates 20 years in Kingdom

Nagaworld Hotel was the venue for Monday night’s occasion, exactly 20 years after the very first Silk Air flight into Phnom Penh on October 1, 1992. The event came on the same evening as the launch of Tiger Airways’ service between Phnom Penh and Singapore ...

http://www.phnompenhpost.com/index.php/2012100359054/Business/silk-air-celebrates-20-years-in-cambodia.html

Officials to Map Bunong Land for Communal Titles This Month

Efforts to map the ancestral land of five ethnic Bunong communities that have long sought collective property titles in Mondolkiri province’s Pech Chreada district will finally begin later this month, with funding for the project coming from the U.N., officials said yesterday. “We are working in ...

http://www.cambodiadaily.com/news/officials-to-map-bunong-land-for-communal-titles-this-month-9644/

Naga Corp Reports 23 Percent Profit Growth

NagaCorp Ltd., the Hong Kong-listed company that runs Phnom Penh’s only licensed casino, saw its profits grow by 23 percent in 2012, the firm said in an announcement. In its financial results for the year, released Wednesday to the Hong Kong stock exchange, the company that ...

http://www.cambodiadaily.com/business/nagacorp-reports-23-percent-profit-growth-9646/

Oil factory fire causes significant damage

A worker was slightly injured and more than US$100,000 in property destroyed yesterday in a fire at an oil factory in Kandal province’s Ang Snuol district, police said. Thach Phalla, Ang Snuol district deputy police chief, said the fire started at noon when some oil overflowed ...

http://www.phnompenhpost.com/index.php/2012052256302/National-news/oil-factory-fire-causes-significant-damage.html

State Utility Staff May Be Registered To Vote Twice

The SRP yesterday said it had found that more than 90 employees of state-owned power company Electricite du Cambodge (EdC) were registered to vote in two separate places for Sunday’s commune elections and warned that the ruling CPP may use such government employees to vote ...

Garment maker eyes economic zone in Cambodia

The private company HOdo Group Co Ltd, a textile and garment company in Wuxi, Jiangsu province, is looking to expand its presence in Sihanoukville, a province in southern Cambodia, in an attempt to diversify its business. Zhou Haijiang, president of the company, said it has made ...

http://www.chinadaily.com.cn/cndy/2012-10/23/content_15837895.htm

Mfone Profits Cut in Half in First Quarter

Thaicom Public Company Ltd., which owns a majority stake in local phone operator Mfone, announced on Friday that they have devalued the company by about $1.31 million as profits in the first quarter dropped by half. “In an effort to reflect the fair value of its ...

Soldier Held After Aiding Two Slain Loggers

The Oddar Meanchey Provincial Court on Saturday charged a 31-year-old soldier for helping villagers who were shot dead after crossing the Thai border while logging for luxury timber, officials and a rights worker said yesterday. Mao Chenda, 20, and Ung Theara, 17, villagers from Anlong Veng ...

Maruhan Japan Bank buys stake in MFI – Sathapana

Maruhan Japan Bank yesterday became the first commercial bank in Cambodia to make a direct equity investment into a microfinance institution by becoming Sathapana’s majority shareholder, with a 95.1 per cent stake. Financial details were not disclosed. The shareholders who sold out to Maruhan were FMO, ...

http://www.cbre.com.kh/2012/11/maruhan-japan-bank-buys-stake-mfi-sathapana/

Radio Free Asia reporter to face judge

A Radio Free Asia (RFA) reporter in Ratanakkiri province will be questioned at the provincial court today in relation to claims that he incited villagers to commit crimes against a rubber company that they have been locked in a land dispute with since 2004. Lim Chanlyda, ...

http://www.phnompenhpost.com/index.php/2012111559753/National-news/radio-free-asia-reporter-to-face-judge.html

Cambodia: Prime Minister Hun Sen Mocks Land Dispute

Cambodian Prime Minister Hun Sen mocked a group of ethnic minority villagers who tried to petition him on Friday about their land dispute in northern Cambodia’s Rattanakiri province, after they were stopped from presenting their complaint during his visit on a land-titling campaign. Hun Sen was ...

http://www.eurasiareview.com/08122012-cambodia-prime-minister-hun-sen-mocks-land-dispute/

Cambodia lures ex-Adamus executives

Former Adamus Resources executives Milan Bojanjac and Ron Heeks are plotting a return to the Australian bourse, through a deal with the Charlie Bass-backed Geopacific Resources. In a deal it said would give it access to a substantial land- holding in Cambodia, Geopacific announced plans for ...

http://au.news.yahoo.com/thewest/business/a/-/national/15760417/cambodia-lures-ex-adamus-executives/

Renaissance upgrades Okvau

Shares in Renaissance Minerals jumped after the company announced a 1.2 million ounce gold resource at its Okvau deposit in Cambodia. Emerging from the trading halt this morning, the company revealed an indicated and inferred resource of 15.6 million tonnes at 2.4 grams per tonne gold ...

http://au.news.yahoo.com/thewest/business/a/-/national/16325176/renaissance-upgrades-okvau/

PM to end missing link to Cambodia

Prime Minister Yingluck Shinawatra promised on Saturday to complete a missing rail link with Cambodia to foster closer ties with the neighbouring country. Ms Yingluck inspected the damaged tracks from Aranyaprathet district in Sa Kaeo to the border with Poipet in Cambodia and directed officials ...

http://www.bangkokpost.com/breakingnews/343138/yingluck-to-end-missing-link-to-cambodia

Adhoc Investigator Under Investigation for Inciting Protest

Officials in Ratanakkiri province are investigating the provincial coordinator for rights group Adhoc for incitement after he helped villagers organize a demonstration, ultimately canceled, against a Vietnamese rubber company in O’Yadaw district. Mr. [Chhay] Thy, [Adhoc’s Provincial Investigator] said yesterday that he met with about ...

http://www.cambodiadaily.com/news/adhoc-investigator-under-investigation-for-inciting-protests-19414/

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