New lottery bets on success
Malaysian-owned company VW Win Holdings Plc launched lottery operation Camloto in the Kingdom this week, making it the second to go live in as many months. Camloto CEO Jimmy Kong unveiled the new start-up, which will draw its first ball tonight on all major TV stations, ...
Eddie Morton
http://www.phnompenhpost.com/business/new-lottery-bets-success
Exporter under attack in rice row
In December 2011, the managing director of Megagreen Imex Cambodia, Renne Outh, proudly announced that his firm had inked a $21 million deal to be the first to ship Cambodian rice to the Philippines. Nearly two and a half years on, not a single Cambodian grain ...
Daniel de Carteret and May Kunmakara
http://www.phnompenhpost.com/business/exporter-under-attack-rice-row
Factory wage rallies heat up
More than 1,000 workers held a demonstration in front of Ocean Garment factory in the capital yesterday, burning tyres and blocking the road in protest against the management’s refusal to abide by a ruling that workers be paid in full for a one-month closure. On May ...
Mom Kunthear
http://www.phnompenhpost.com/national/factory-wage-rallies-heat
CNRP to walk away from talks
Negotiations between the opposition Cambodia National Rescue Party and ruling Cambodian People’s Party looked like they might screech to an abrupt halt yesterday, as opposition leaders visiting supporters in Tbong Khmum province said they will “cut off” talks. Speaking to about 1,000 supporters in the province’s ...
Meas Sokchea and Vong Sokheng
http://www.phnompenhpost.com/national/cnrp-walk-away-talks
Mass faintings in Cambodia sicken over 200 garment workers
More than 200 Cambodian garment workers have been hospitalized after episodes of mass fainting at three factories this week, highlighting problems within an industry that is critical to the kingdom’s fledgling economy. The plants all make clothes for brands such as sportswear giants Puma SE and Adidas. Both ...
Aljazeera America News Staff
http://america.aljazeera.com/articles/2014/4/3/over-200-cambodiangarmentworkersfaintonthejob.html
Rubber company suspends projects as World Bank investigates
A World Bank-supported rubber company accused of land grabs has suspended some of its projects, as an investigation by the bank continues. The Hoang Anh Gia Lai company, which received support from the bank’s International Finance Corporation, said in a decision following an April 2 ...
Sok Khemara
http://www.voacambodia.com/content/rubber-company-suspends-projects-as-world-bank-investigates/1908775.html
Villagers defy ban, march to Gov’t buildings
More than 200 people from the group Land Communities for Peace marched from the Anti-Corruption Unit (ACU) to the National Assembly on Thursday in defiance of a ban issued by City Hall. Phnom Penh deputy governor Khuong Sreng said the protest would not be allowed after ...
Mech Dara
http://www.cambodiadaily.com/news/villagers-defy-ban-march-to-govt-buildings-60037/
Kratie land dispute goes on
Hundreds of families from Kratie province’s Snuol district who were promised new plots of land after a Vietnamese rubber firm evicted them last month have complained that provincial officials are allowing hundreds of interlopers to stake a claim instead. The 405 families were evicted from the ...
May Titthara
http://www.phnompenhpost.com/national/kratie-land-dispute-goes
Tourism Not Affected by Deadlock
International tourist arrivals to Cambodia for 2013 increased 14.1 percent over arrivals in 2012, despite lingering political uncertainty following the July election, according to preliminary annual figures from the Ministry of Tourism. The number of visitors entering the country last year reached 4.2 million, compared to ...
George Styllis
http://www.cambodiadaily.com/business/tourism-not-affected-by-deadlock-51133/
Cambodia sets 2020 tourism target
Cambodian Prime Minister Hun Sen expects the country to welcome 8 million foreign visitors by 2020. Talking to local media, the PM said the country was on track to achieve the ambitious target by 2020. The largest sources of tourists to Cambodia are Vietnam, China, South ...
Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/02/cambodia-sets-2020-tourism-target/
Company 72 again accused of illegal logging
Ethnic Jarai villagers in Ratanakkiri province have once again accused the Vietnamese owners of a rubber plantation of illegally logging their ancestral forests in a complaint filed with rights group Adhoc. A district official, however, said the plantation owner, Company 72, was granted an extension on ...
Aun Pheap
http://www.cambodiadaily.com/news/company-72-again-accused-of-illegal-logging-55399/
Rubber smuggling threatens industry’s recovery
An illicit cross-border rubber trade is thriving in Cambodia amid plummeting global prices and is threatening legitimate processing operations in the country, according to business owners and industry experts. And while Cambodia’s natural rubber export tariffs are set at between 2 and 10 percent, Vietnam ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/rubber-smuggling-threatens-industrys-recovery-73210/
Carbon credits a tough sell
Despite one success story emerging in the trade of Cambodia-generated carbon credits, immediate prospects for the environmental trading scheme in Kingdom remain few. Securing buyers of carbon credits for Cambodian projects is a well-known difficulty. Pact, however, left the project in July 2013 when the ...
Eddie Morton
http://phnompenhpost.com/business/carbon-credits-tough-sell
Cambodians flock to the net
Internet use in Cambodia grew a staggering 414 per cent since January 2014, but penetration still remains relatively low at 25 per cent, according to a new report from a Singapore-based consultancy firm. The Digital, Social and Mobile in APAC 2015 report, published yesterday by We ...
Ananth Baliga
http://www.phnompenhpost.com/cambodians-flock-net
Sam Heng: Social security must widen to include more workers
As of last year, the National Social Security Fund (NSSF) registered more than 10,000 healthcare enterprises to cover more than 1.7 million workers under occupational risk and healthcare schemes. Minister of Labour and Vocational Training Ith Sam Heng is pushing for the schemes to be implemented ...
Long Kimmarita
https://www.phnompenhpost.com/national/sam-heng-social-security-must-widen-include-more-workers
Students get free e-education app
The Cambodian Union of Youth Federations (CUYF) has teamed up with E-school Cambodia to deliver free of charge online learning for grades 1 to 12 to keep learning on track amid Kingdom-wide school closures. ...
Ry Sochan
https://www.phnompenhpost.com/national/students-get-free-e-education-app
Students get free e-education app
The Cambodian Union of Youth Federations (CUYF) has teamed up with E-school Cambodia to deliver free of charge online learning for grades 1 to 12 to keep learning on track amid Kingdom-wide school closures. ...
Ry Sochan
https://www.phnompenhpost.com/national/students-get-free-e-education-app
Remittances may worsen Kingdom's wealth divide: study
Phnom Penh’s population nearly doubled in the first decade of the 21st century, in large part thanks to workers streaming into the capital in hopes of sending money back home to their families in the provinces.Published in Migration Studies, Dr Laurie Parsons’ Mobile inequality: Remittances ...
Jack Davies
http://www.phnompenhpost.com/national/remittances-may-worsen-kingdoms-wealth-divide-study
Growth in hotel industry
The hotel industry in Cambodia is growing but still sees room for improvements, industry experts said at the Cambodia Hotel General Managers Summit in Phnom Penh yesterday. In terms of revenue and the number of players, the hotel and restaurant industry has an overall growth rate ...
http://www.phnompenhpost.com/index.php/2012101159242/Business/growth-in-hotel-industry.html
MFIs seek regulator’s support
The apex body for the nation’s microfinance industry announced yesterday that the central bank had tentatively agreed to a number of measures it had requested to ease the burden on microfinance lenders following last week’s unilateral decision to cap annual interest rates at 18 percent ...
Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/mfis-seek-regulators-support