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Cambodia's construction sector attracts 1.53 bln USD investment in 8 months

Cambodia’s construction sector has attracted the investment of 1.53 billion U.s. dollars in the first eight months of 2012, a 74 percent rise compared with 881 million U.s. dollars at the same period last year, a report from the Ministry of Land Management, Urban Planning ss='cambodia-color'>...

http://news.xinhuanet.com/english/business/2012-09/17/c_131855799.htm

Two Killed in Brawl at Thai Seafood Factory

A Cambodian man and a Burmese man were killed on Monday in a mass brawl that broke out between hundreds of migrant workers at a seafood factory in Thailand, a worker and a government official said yesterday. Fighting allegedly broke out between workers at siam International ss='cambodia-color'>...

Union Members Beaten During Factory Protest

Three union members were beaten by a gang of men during a protest outside a factory in Phnom Penh’s Dangkao district on Friday, the Coalition of Cambodian Apparel Workers Democratic Union (CCAWDU) said. CCAWDU members Nei Buthoeurn, Chim Khheang and Chan Poeu, were beaten by a ss='cambodia-color'>...

Factories Lend Travel Money to Ensure Garment Workers Vote

Often vilified for paying low wages in less than optimum work environments, Cambodia’s garment factory owners got into the swing of the commune elections this week, with many companies providing loans to help their workers travel home to vote. With about 400,000 employees, the garment industry’s ss='cambodia-color'>...

Cambodian state-owned telecom firm sees 5% revenue drop in H1

The state-owned Telecom Cambodia reported a 5 percent decline in revenues in the first half of this year due to tough competition in the country’s telecommunication industry, company director general Lao saroeun said Friday. During the January-June period this year, the firm earned a gross revenue ss='cambodia-color'>...

http://news.xinhuanet.com/english/business/2012-08/17/c_131792460.htm

Lawyers Instructed to Seek Approval Before Speaking to Media

Lawyers must now obtain permission from the Cambodian Bar Association before speaking to television and radio media in order to ensure that they do not speak out of turn, the association’s president said in a meeting on Friday. “First, we want to ensure a high quality ss='cambodia-color'>...

http://www.cambodiadaily.com/news/lawyers-instructed-to-seek-approval-before-speaking-to-media-9756/

Thai-Cambodia agricultural zones set for establishment

Cambodia and Thailand have agreed to set up specialised agricultural export zones along the border inside Cambodia in a bid to curb any suspension of cross-border trade from Thailand, as well as to achieve a 30 per cent increase in bilateral trade year-on-year, commerce official ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2012052456351/Business/thai-cambodia-agricultural-zones-set-for-establishment.html

Kampot Pepper Demand Sees Production Increase

Growing demand abroad for Kampot pepper has resulted in production levels for the commodity increasing by 22 percent to 22 tons during this year’s harvest, officials said yesterday. Nguon Lay, president of the Kampot Pepper Association, said that the amount of farmland used to cultivate pepper ss='cambodia-color'>...

Rubber price drops as exports increase

Rubber exports increased by more than 5 per cent in the first half of the year compared to the same period in 2011 as the price decreased more than 28 per cent, according to data received from Cambodia’s Ministry of Commerce. The data shows that ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2012072657633/Business/rubber-price-drops-as-exports-increase.html

Million-dollar rosewood bust

Five men allegedly caught with 10 cubic meters of illegal rosewood worth more than $1 million on Wednesday were being questioned in stung Treng provincial court yesterday, officials said. Chroeung Khmao, the provincial prosecutor, said the men – four Chinese citizens and one Cambodian – were ss='cambodia-color'>...

http://www.phnompenhpost.com/2013022261563/National/million-dollar-rosewood-bust.html

Motorcycle lease firm plans to expand market share

CAMBODIA’s first financial leasing company plans to rev up its market share for motorcycle financing from 15 to 45 percent starting this year. GL Finance plans to do so by increasing its number of branches here from 11 to 36, said Mitsuji Konoshita, chairman of Group ss='cambodia-color'>...

http://www.phnompenhpost.com/2013031962005/Business/motorcycle-lease-firm-plans-to-expand-market-share.html

More ICT investment needed: businessmen

CAMBODIA’s economy can “leapfrog” by developing its information and communications technology (ICT) industry, but the government is not spending enough on ICT infrastructure to attract private investments, business leaders said at a seminar in Phnom Penh yesterday. “What has been seen over the last 20 years ss='cambodia-color'>...

http://www.phnompenhpost.com/2013032264620/Business/more-ict-investment-needed-businessmen.html

Government Amends Anti-Money Laundering Law

The Council of Ministers on Friday approved a draft law amending three articles in the law on anti-money laundering and the financing of terrorism in order to make Cambodia more investment-friendly. Last month, the National Bank of Cambodia’s Financial Intelligence Unit (FIU), law enforcement officials ss='cambodia-color'>...

http://The Cambodia Daily

Google to map streets of capital, Angkor Wat

People around the world will soon be able to go online and view close-up pictures of Phnom Penh’s streets and the temples of Angkor Wat, Google representatives announced in Phnom Penh. Google street View is using cars with special 360-degree panoramic cameras to collect the imagery. ss='cambodia-color'>...

http://www.phnompenhpost.com/business/google-map-streets-capital-angkor-wat

Opposition claims majority win

If a joint committee investigates the irregularities and results from sunday’s election, it will discover the opposition has won between 80 and 90 seats in the 123-seat National Assembly, Cambodia National Rescue Party president sam Rainsy said today. Rainsy told the Post that his party’s final ss='cambodia-color'>...

The Phnom Penh Post
http://www.phnompenhpost.com/national/opposition-claims-majority-win

Security to Be Boosted on Final Day of Election Campaigning

  Phnom Penh authorities said Thursday that all necessary security measures were in place to ensure that today’s final burst of campaigning would be peaceful and cause limited disruption in the city and that sunday’s national election vote goes ahead without incident. Municipal police chief Heng Chantheary ss='cambodia-color'>...

http://www.cambodiadaily.com/elections/security-to-be-boosted-on-final-day-of-election-campaigning-36781/

Lending at Cambodia's banks increases 17 pct in 9 months

Cambodia’s banking sector has seen 17 percent rise in lending in the first nine months of the year, the central bank’s figures showed Thursday. The kingdom’s 34 commercial banks had provided a total loan of 6.89 billion U.s. dollars to customers by the end of september ss='cambodia-color'>...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-11/21/c_132907523.htm

Factory ordered to clean act

The Ministry of Labour has ordered management at a Kandal province garment factory to clean their workroom and limit employees’ overtime hours, in response to over 100 workers fainting over two days. During a visit to King First Industrial Co, Ltd’s Kandal location yesterday, seng sakada, ss='cambodia-color'>...

Mom Kunthear
http://www.phnompenhpost.com/national/factory-ordered-clean-act

Villagers accuse NGO of extortion

Three staff members of a local NGO that campaigns against resource exploitation were charged yesterday with extorting money from loggers in stung Treng province. The three staffers from the Natural Resource and Wildlife Preservation Organization (NRWPO) stand accused of extorting groups of loggers out of at ss='cambodia-color'>...

Kim Sarom
http://www.phnompenhpost.com/national/villagers-accuse-ngo-extortion

Cambodia's foreign trade up 15% amid ongoing political row

Cambodia’s trade volume with foreign countries has increased by 15 percent in the first quarter of 2014 even though the internal conflict between the ruling and opposition parties over July election results remains unsolved. The figures of the Commerce Ministry showed Tuesday that the southeast Asian ss='cambodia-color'>...

Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=213997

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