Failing to sew up support
Cambodian stockbrokers yesterday admitted to a disappointing level of investor interest in Grand Twins International’s (GTI) initial public offering. Garment industry unrest, distrust in the private sector and a lack of liquidity in the market were all said to be discouraging investors from buying into the ...
Eddie Morton
http://www.phnompenhpost.com/business/failing-sew-support
Culture Ministry Plans to Build New Cinema
In an effort to increase Khmer film production the Ministry of Culture and Fine Arts is going to build a state-run cinema next to the Chaktomuk Conference Hall. Recently Westec Media opened a cinema, the first offering 3D movies in Cambodia, at City Mall in ...
Petroleum engineers to provide support to Cambodia
At a Sept 11 meeting between Deputy Prime Minister Sok An and Ganesh C. Thakur, President of the U.S.-based Society of Petroleum Engineers (SPE), plans were discussed about the SPE providing training and expertise for the Kingdom’s oil and gas sector, according to a statement ...
Minimum wage may rise for Cambodian garment workers
The Cambodia’s Ministry of Labour has scheduled a meeting on February 26 with representatives of various unions to discuss the new minimum wage for garment workers in the country. However, the Ministry expects the various workers’ unions to agree on what the new wage should ...
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=120969
Firms relocating for cheaper labour costs
Industrialists have raised concerns that the higher minimum wage is a key factor driving many labour-intensive manufacturers to relocate to less developed neighbouring countries. At a seminar on investment strategy in Cambodia, Laos, Myanmar and Vietnam held yesterday by the Board of Investment of Thailand (BOI) ...
BoC is set to expand after rapid growth
Having seen rapid growth since launching in Cambodia two years ago, the Bank of China (BoC) plans to expand its business operations here. According to a Xinhua report, BoC’s deputy governor Zhu Shuming said during his visit to Cambodia last Friday that its local operations have ...
http://www.phnompenhpost.com/2013042265138/Business/boc-is-set-to-expand-after-rapid-growth.html
Hopes high for maid program
In one corner of the cavernous training centre, a woman patiently strips the baby blue sheets off a queen-size bed, removing the flower-patterned pillowcases and folding them neatly to one side. Under the watchful eye of an instructor, she then remakes the bed, carefully fluffing the ...
Kevin Ponniah and Mom Kunthear
http://www.phnompenhpost.com/national/hopes-high-maid-program
Strikes still on in some provinces
Unrest in the garment sector spread yesterday, as hundreds of workers from Kandal province demonstrated outside their factory. The 700 workers at Unity Fashion factory walked off the job after managers said they would dock wages of workers who did not show up on April 17, ...
Mom Kunthear
http://www.phnompenhpost.com/national/strikes-still-some-provinces
Hor Namhong to attend ASEAN-EU meeting next week
Cambodia’s Foreign Minister Hor Namhong will lead a delegation to attend the 20th ASEAN-EU Ministerial Meeting in Brussels, Belgium, next week, according to a statement issued Friday by Ministry of Foreign Affairs and International Cooperation. The statement said the meeting invited by Mrs Catherine ASHTON, high ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1
Security dressed down
For months now, Daun Penh district security forces, identifiable by their dark blue uniforms, black motorbike helmets and merciless truncheon swinging, have been unleashed on protesters, opposition and otherwise, as the all-too-willing enforcers of government-approved crackdowns. But as district forces have begun targeting more journalists during ...
Vong Sokheng and Alice Cuddy
http://www.phnompenhpost.com/national/security-dressed-down
New provider CooTel launches in Kingdom
Telecommunications company Xinwei (Cambodia) Telecom Co Ltd, operating under the CooTel brand, officially launched in Cambodia yesterday, being the first operator to offer 4G technology in the country, a company statement released yesterday said. “CooTel strongly believes it will be successful in entering the Cambodian market ...
Post Staff, P.8
http://www.phnompenhpost.com
In Cambodia, Cyber Casinos Fall Into a Legal Gray Area
In 2010, the Ha Tien Vegas Entertainment Resort, a casino investment on Kampot province’s border with Vietnam that included luxury karaoke rooms and suites, launched with high hopes of attracting Vietnamese gamblers. At the end of December, Ha Tien Vegas closed down. To the north, in ...
Kingdom lacks engineers: minister
Because Cambodia’s youth has not focused enough on studying technical or engineering subjects, the Kingdom now faces a lack of human resources and the Ministry of Education, Youth and Sports plans to reform the country’s education system, according to the minister in charge. Minister Im Sethy ...
http://www.phnompenhpost.com/2013052965901/Business/kingdom-lacks-engineers-minister.html
606 New Companies Opened in Cambodia in Q1, Down 33 pct
Cambodia had granted operating licenses to 606 new companies in the first quarter of this year, a 33 percent decrease compared with the 904 firms at the same period last year, the Commerce Ministry’s report showed Tuesday. Yim Rom, an official at the ministry’s statistics ...
After CPP Reshuffle, Sok An’s Fiefdom Trimmed
Deputy Prime Minister Sok An has a stunning portfolio of positions within the CPP government. On Monday, CPP lawmakers once again appointed Mr. An as the Cabinet Minister for Prime Minister Hun Sen. He is also the chairman of the state-controlled Cambodian National Petroleum Authority and ...
Kuch Naren and Colin Meyn
http://www.cambodiadaily.com/elections/after-cpp-reshuffle-sok-ans-fiefdom-trimmed-43665/
Unions drum up strike support
At the site where security forces shot dead at least four people during a nationwide strike on January 3, union leaders yesterday passed out fliers encouraging workers to join a stay-at-home strike after Khmer New Year. When workers filed out of Canadia Industrial Park’s gates for ...
Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/national/unions-drum-strike-support
Factory owners boycott wage talks for Cambodian garment workers
Garment factory owners failed to turn up for what was supposed to have been a tripartite meeting with the government and worker unions on Thursday to help break an impasse in negotiations to increase the minimum wage for workers, officials said. The International Labor Organization (ILO) ...
Radio Free Asia News Staff
http://www.rfa.org/english/news/cambodia/talks-04242014182701.html
EZECOM and Thai partner interconnect
Thai telecommunications network provider United Information Highway (UIH) and Cambodian internet service provider EZECOM said they established an interconnect agreement last month to offer improved service to customers conducting business with neighbouring countries. “We have UIH as a partner for our connection to Thailand; the connection ...
http://www.phnompenhpost.com/2013021261303/Business/ezecom-and-thai-partner-interconnect.html
Government’s Limits on Information Leaving Voters in the Dark
Reporters in Cambodia seeking statistics from government ministries and departments are used to being given the brush-off from time to time, but in the run-up to the July 28 national election, things appear to have worsened. The Council for the Development of Cambodia (CDC) has for ...
Thai generator looking at Kingdom
Thailand-based Ratchaburi Electricity Generating Holding Pcl (RATCH) has “seriously assessed” investment possibility in neighbouring countries including Cambodia, a company statement said last Thursday. It said it had geared up for business expansion in domestic and international markets in the potential existing investment bases Laos and Australia, ...
http://www.phnompenhpost.com/2013052065705/Business/thai-generator-looking-at-kingdom.html