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Vehicle Imports up 45 pct in first half

Ministry of Commerce officials maintained that low import taxes and increased demand from consumers were the causes behind the 45.26 increase in vehicle imports in the first half of 2012 compared to the same period last year. The data showed 486,827 vehicles, of all makes and ...

http://www.phnompenhpost.com/index.php/2012081057918/Business/vehicle-imports-up-45-pct-in-first-half.html

China is promoting the yuan for settling trade deals with the Kingdom

Due to the expansion of economic and business activities between Cambodia and China, since early August the Bank of China has been negotiation with National Bank of Cambodia (NBC) on the promotion of business transactions in Chinese yuan. It is part of a larger but quiet ...

Nearly 1,000 workers fired from Winson International garment factory

Eight hundred and sixty-eight workers have been fired from the Winson International garment factory after they refused to obey a Kampong Speu Provincial Court injunction last week ordering them back to work within 48 hours. Free Trade Union official Ry Sithinet said yesterday that the workers, ...

http://www.phnompenhpost.com/2013012460953/National/nearly-1-000-workers-fired-from-winson-international-garment-factory.html

Recovering supply lifts car sales

Thanks to a more stable and undisturbed supply chain, sales of new cars in Cambodia have risen dramatically over the first six months of this year compared with the same period in 2012. But the purchases pale in comparison to the country’s thriving second-hand market. Kong ...

http://www.phnompenhpost.com/2013070466651/Business/recovering-supply-lifts-car-sales.html

European Lawmakers Press for Probe of Land Concessions

Lawmakers from the European Union (E.U) are again urging the block’s trade commissioner to investigate Cambodia’s Economic Land Concessions (ELCs) over a raft of alleged rights abuses and consider revoking the duty free access their owners currently enjoy to member states. Going mostly to industrial ...

http://www.cambodiadaily.com

Logistics and insurance firms driving office market

Increases in Cambodia’s GDP and foreign direct investment (FDI) are helping to drive the supply and demand in the Kingdom’s office sector, according to a new report from global property agents CBRE. Increasingly, international businesses are favouring Cambodia, in particular Phnom Penh, mainly due to ...

http://www.phnompenhpost.com/2013040464872/Real-Estate/logistics-and-insurance-firms-driving-office-market.html

Reports on Cambodian Election Irregularities Submitted

The Cambodian National Election Committee (NEC) on Wednesday received more than 10 reports documenting irregularities in last month’s national elections. International and local rights groups and observers have called for further investigation into the allegations of irregularities, which presents a potential roadblock to the formation of ...

http://www.voanews.com/content/reports-on-cambodian-election-irregularities-submitted/1725538.html

Cambodia enjoys travel growth

Cambodia’s tourist arrivals registered a 19.9% growth in February according to the country’s statistics and tourist Information Department. The country welcomed 385,760 visits compared to 321,870 during the same month in 2012. Released by the Ministry of Tourism, Monday, data showed neighbouring Vietnam was the top supplier ...

http://www.ttrweekly.com/site/2013/05/cambodia-enjoys-travel-growth/

In the money at CNRP rally

Thousands of opposition supporters at Freedom Park cheered in a near-ecstatic frenzy yesterday as Cambodia National Rescue Party president Sam Rainsy compared the demonstration to those held by the ruling party with an eye to the bottom line. “The [Cambodian People’s Party] uses money to pay ...

Sean Teehan and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/money-cnrp-rally

ILO Urges Cambodia's Garment Unions, Manufacturers To Resolve Dispute

Concerned about ongoing protests in Cambodia which have virtually shut down the garment industry, the United Nations labor agency has called for an end to violence and destruction of property, as well as the swift reopening of the factories. “The risks arising out of the current ...

RTT News Staff
http://www.rttnews.com/2246156/ilo-urges-cambodia-s-garment-unions-manufacturers-to-resolve-dispute.aspx?type=gn&utm_source=google&utm_campaign=sitemap

Cheam Yeap Says NEC Must Participate in Further Talks

Veteran CPP lawmaker Cheam Yeap said Tuesday that his party would not join further talks with the opposition CNRP to resolve election-day irregularities unless it is invited to do so by the National Election Committee (NEC). With final election results set to be released by September ...

The Cambodia Daily
http://www.cambodiadaily.com/elections/cheam-yeap-says-nec%E2%80%88must-participate-in-further-talks-39516/

Cambodian maids raring to go

At 5am, without any alarm clock going off, a dozen Cambodian maids wake up with near-military precision. Over the next hour, the women sweep, wash and scrub spotless their two-storey training centre in the Cambodian capital Phnom Penh. They all want to be maids in Singapore, eager ...

The Star Online Staff
http://www.thestar.com.my/News/Regional/2013/09/23/Cambodian-maids-raring-to-go.aspx

Mercedes-Benz Distributor to Halt Repairs on Illegal Imports

Hung Hiep (Cambodia) Co., the only company in Cambodia licensed to import Mercedes-Benz luxury vehicles, said Monday it would no longer make repairs to new lines of Mercedes vehicles that are smuggled into the country. Company officials said the move is to reduce scams and repair ...

Hul Reaksmey
http://www.cambodiadaily.com/business/mercedes-benz-distributor-to-halt-repairs-on-illegal-imports-45121/

Ethnic minorities to receive bilingual education: gov’t

The government affirmed its commitment to bilingual education for ethnic minority children in Cambodia’s northern provinces at a UNESCO conference in Bangkok last week. Speaking at the fourth International Conference on Language and Education: Multilingual Education for all in Asia and the Pacific, Ton Sa Im, ...

Emily Wight
http://www.phnompenhpost.com/lifestyle/ethnic-minorities-receive-bilingual-education-gov%E2%80%99t

Fearing Unrest, Garment Workers Abandon Jobs

Phnom Penh’s garment factories are operating at a greatly reduced capacity as workers return home to the provinces in droves in response to the government’s decision to increase security after the opposition warned they plan to hold mass demonstrations against the election results. Ken Loo, secretary-general ...

http://www.cambodiadaily.com/elections/fearing-unrest-garment-workers-abandon-jobs-39842/

Cambodian casinos may be at risk

As Vietnam takes steps towards legalising gambling for its own citizens, analysts warn of a threat to the bottom line at Cambodia’s premiere casino, NagaWorld, whose patronage depends largely on gamblers from neighbouring countries. Local Vietnamese news agency Thanh Nien reported on Tuesday that the Vietnamese ...

Daniel de Carteret and May Kunmakara
http://www.phnompenhpost.com/business/cambodian-casinos-may-be-risk

On politics, silence gold: top monks

Cambodia’s highest monks have called on the clergy to refrain from joining any political demonstrations, calling it an abuse of morals and professional ethics. In a statement issued on Sunday and obtained yesterday, the three top Buddhist leaders liken joining protests to the act of killing. “An ...

http://www.phnompenhpost.com/national/politics-silence-gold-top-monks

Cambodian Opposition Lifts Conditions on Talks with Ruling Party

Cambodia’s opposition said Thursday it is prepared to hold talks with Prime Minister Hun Sen’s party without any preconditions in a fresh bid to end a political deadlock three months after disputed national elections. The move signaled a shift by the Cambodia National Rescue Party (CNRP), which days earlier had said it ...

Radio Free Asia News Staff
http://www.rfa.org/english/news/cambodia/talks-10312013180011.html

Debtors need mercy: CNRP

The opposition party has called on microfinance institutions to renegotiate payment terms with flood-affected loan holders. This year’s floods have affected 20 provinces and more than 1.7 million people, with 31,314 households evacuated, according to the Humanitarian Response Forum. The Cambodia National Rescue Party has asked that ...

Kevin Ponniah
http://www.phnompenhpost.com/national/debtors-need-mercy-cnrp

Cambodian King opens new parliament despite opposition boycott

Cambodian King Norodom Sihamoni on Monday presided over the opening session of the fifth legislature of the National Assembly, which was attended by only the ruling party’s elected lawmakers as the opposition’s elected legislators boycotted it. Sixty-eight elected lawmakers from the ruling Cambodian People’s Party (CPP) ...

Nzweek News Staff
http://www.nzweek.com/world/cambodian-king-opens-new-parliament-despite-opposition-boycott-81975/

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