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Local brokers still manipulate prices: farmers

Farmers have expressed concern over local brokers’ manipulation of the market during harvest season, reducing buying prices for farmers who have no access to actual market rates. While some farmers have already completed their harvests, others have left their fields barren, fearing brokers will reduce ...

http://www.phnompenhpost.com/Business/local-brokers-still-manipulate-prices-farmers.html

Still No Donor to Take Over Communal Land Titling From Canada

The Canadian International Development Agency (CIDA) said yesterday that it had still found no replacement donor to commit long-term to carrying on its work helping indigenous ethnic minority groups secure communal land titles once it pulls out in May. Kan Vibol, project field manager for CIDA’s ...

http://www.cambodiadaily.com/news/still-no-donor-to-take-over-communal-land-titling-from-canada-14638/

Cambodian Parliament Rejects Opposition-Proposed Draft Law On Minimum Wages For Civil Servants, Garment Workers

The National Assembly’s Commission on Economy on Wednesday rejected the opposition- proposed draft law on minimum wages for garment and state workers. The opposition group proposed the National Assembly to make a law to limit a monthly minimum wage of 150 U.S. dollars for garment ...

http://news.xinhuanet.com/english/world/2013-04/03/c_132282889.htm

Cambodia to receive 4.5 million tourists by 2015

Cambodia expects to welcome 4.5 million tourists by 2015, increasing from 3.5 million in 2012, thanks to its cultural properties, Prime Minister Hun Sen said. “Undoubtedly, heritage and cultural tourism are playing a substantial part in this growth. Twenty years ago, when Angkor was inscribed on ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MDI0MmQ3MGJlNmR

Foreign visitors to Cambodia's World Heritage Preah Vihear temple rise 39 pct in 5 months

Cambodia’s Preah Vihear temple, a World Heritage site, received 4,710 foreign tourists in the first five months of this year, up 39 percent compared with the same period last year, statistics by Preah Vihear province’s tourism department showed Tuesday. Kong Vibol, chief of the department, said ...

http://www.asean-china-center.org/english/2013-06/19/c_132468531.htm

Malaysian motos to enter market

Naza Bikes Sdn Bhd, a subsidiary of Malaysia-based Naza Group of Companies, will enter Cambodia’s crowded motorbike sector, according to the local brand manager. “[Business] will probably be launched on the first of next month,” Hay Chamreoun, the manager, said yesterday, adding that construction for the ...

http://www.phnompenhpost.com/business/malaysian-motos-enter-market

Rain Provides Small Respite for Families in Koh Kong Drought

Several days of rain have finally brought relief to hundreds of families in Koh Kong province’s Khemara Phoumint City who had been without water for two weeks because the reservoir that provides their supply dried up during hot season. LYP Group, a company owned by ...

http://www.cambodiadaily.com

Cambodian parliament passes fire prevention law

Cambodia’s National Assembly on Tuesday adopted a draft law on fire prevention with jail term punishment for arsonists, neglected firefighters, and false information providers on fires. Ninety-four out of ninety-seven lawmakers, who were present at the session, passed the law, saying it would help maintain security, ...

http://news.xinhuanet.com/english/world/2013-05/07/c_132365226.htm

NagaWorld strikers fired en masse

Nagaworld casino has fired more than 400 workers who have spent about 10 days striking to demand a wage increase, union leaders, workers and a leaked internal memo have revealed. A list of names, obtained by the Post yesterday, was emailed to management and senior staff ...

http://www.phnompenhpost.com/2013062466447/National/nagaworld-strikers-fired-en-masse.html

‘Thinnest’ smartphone is set for debut in Cambodia

Two days after Huawei introduced the world’s thinnest smartphone in London and Singapore, the Cambodian representative office of the China-based company announced that the sleek device would be sold in the Kingdom in July. While the Chinese telecom giant hopes to increase its market share of ...

http://www.phnompenhpost.com/2013062466435/Business/thinnest-smartphone-is-set-for-debut-in-cambodia.html

Factory production sluggish

In the wake of last month’s election, production levels at Cambodian garment factories are still below the norm as lingering fears of political unrest keep workers at home and away from the capital. Shrugged off at the outset as a natural byproduct of the election that ...

http://www.phnompenhpost.com/business/factory-production-sluggish

EU concludes ‘frank’ talks on rights, reform

Four days of high-level policy meetings between the European Union and Cambodia wrapped up in Brussels yesterday, after seeing “frank and in-depth exchanges” on a number of issues, including human rights, according to an EU press statement released last night. Ahead of the meeting of ...

Kevin Ponniah
http://www.phnompenhpost.com/national/eu-concludes-%E2%80%98frank%E2%80%99-talks-rights-reform

ILO slams kingdom on union record

Adding to a growing list of foreign groups to censure the Cambodian government in the lead-up to the ASEAN Summit, the International Labour Organization yesterday ranked Cambodia among the biggest violators of the right to freedom of association. The Cambodia section of the report, which collated ...

http://www.phnompenhpost.com/index.php/2012111659777/National-news/ilo-slams-kingdom-on-union-record.html

Beer Promoters 'banished' for striking

Angkor Beer promoters involved in last August’s strike over unpaid overtime have been banished to less popular restaurants and beer gardens in the past year, a report on the profession says. According to Promoting Decency? Report on the Situation of Beer Promotion Workers in Cambodia, released this ...

http://www.phnompenhpost.com/index.php/2012082958346/National-news/beer-promoters-banished-for-striking.html

The New Asian Century

With growing uncertainty in the US economy and an unfolding fiscal and debt crisis in the Eurozone after the global recession in 2008, Asia is expected to continue leading the global recovery. Under such circumstances, the 21st Century is emerging as the “New Asian Century”, ...

http://www.etmcambodia.com/

Indian Firms Look To Cambodia Industries

A delegation of 15 Indian firms is in Cambodia this week looking to increase the country’s involvement in Cambodia’s economy, particularly in the agriculture and mining sectors. At present, Cambodia does modest trade with India, the second largest country in the world by population. But the ...

http://www.cambodiadaily.com

World’s Second Tallest Building for Phnom Penh?

A 555-metre tower planned for Diamond Island is to go ahead, and expert engineers from China and Vietnam are studying the river bank and calculating the strength of the foundations needed to support the building. The building plan will not be changed and now the company ...

http://www.phnompenhpost.com/2013052365783/Real-Estate/world-s-second-tallest-building-for-phnom-penh.html

Robust Recovery Continues

Cambodia’s economy is on track to maintain its robust recovery thanks to a cocktail of private sector and government efforts. In 2012, the Asian Development Bank estimated that gross domestic product grew at a rate of 7.2 per cent, an increase from a 2011 International ...

http://www.phnompenhpost.com/2013061066160/Business/robust-recovery-continues.html

CIMB says Local Investors Bring More Franchises to Cambodia

The steady growth of franchises from overseas is likely to continue as young, moneyed Cambodians seize the opportunity to bring name brands into the country, a bank official said yesterday. Hoping to help its customers and others invest in franchises, Malaysia-based CIMB Bank yesterday organized ...

http://www.cambodiadaily.com

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