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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

Rubber price falls from 2012

Thanks to seasonal demand, the price of rubber has increased from 2012’s year-end prices. But it was still slightly lower than at this time last year, a rubber-plantation owner said yesterday. Mak Kimhong, president of the Cambodia Rubber Association and owner of the Chhop Rubber Plantation ...

http://www.phnompenhpost.com/2013031361907/Business/rubber-price-falls-from-2012.html

Cambodia Ups Minimum Wages for Workers

The Cambodian government on Thursday announced a higher minimum wage of U.S. $80 per month for garment and footwear workers but they were not impressed, vowing to continue a strike until it is raised to U.S. $100. A tripartite meeting between the government, unions and Garment ...

http://www.rfa.org/english/news/cambodia/wages-03212013185628.html

Cambodia sends 4,779 laborers abroad in Q1

Cambodia has dispatched 4,779 workers to Thailand, South Korea and Japan in the first three months of this year, according to a report from the Ministry of Labor on Friday. During the January-March period this year, the country sent 4, 100 workers to Thailand, 678 workers ...

http://www.globaltimes.cn/content/782384.shtml#.UZmh4KKj2xA

Villagers fight mining venture

Nearly 70 representatives from 278 families in Preah Vihear’s Rovieng district are seeking intervention after a national mining company began drilling on their farmland last week, locals said yesterday. According to villager Yean Bunchan, 47, representatives from a company based in Kandal province called T P ...

Phak Seangly
http://www.phnompenhpost.com/national/villagers-fight-mining-venture

Cambodia's rubber export surges 46 pct in 10 months

Cambodia has seen a 46 percent rise in dry rubber export in the first ten months of 2013 thanks to rising global demand, said the report of the Commerce Ministry on Friday. The country exported 62,915 tons of dry rubber during the January-October period this year, ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-11/08/c_132870615.htm

Cambodia's Preah Vihear heritage site receives less visitors in first nine months

The number of tourists visiting Cambodia’s Preah Vihear Temple, a world heritage site, has declined by 30 percent in the first nine months of the year, tourism data showed Wednesday. The figures provided by Preah Vihear provincial tourism department said a total of 54,000 domestic and ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/travel/2013-10/09/c_132782239.htm

Digital Divide staff back on job

A week-long strike involving more than 100 work-study participants at Phnom Penh-based NGO Digital Divide Data ended on Sunday following talks conducted by the social enterprise’s CEO, who flew in from New York to attend to the matter, participants and management said yesterday. Program participants, who ...

Amelia Woodside
http://www.phnompenhpost.com/national/digital-divide-staff-back-job

Woman tried for insulting RCAF mining tycoon

The Phnom Penh Municipal Court on Monday heard the case of a woman charged with defaming mining magnate and RCAF Lieutenant General Nim Meng in relation to a land dispute in Preah Sihanouk province. Presiding Judge Kim Dany said that Sok Neang Gek was being charged ...

Eang Mengleng
http://www.cambodiadaily.com/news/woman-tried-for-insulting-rcaf-mining-tycoon-54433/

Costs don’t top brands’ concerns

In their latest bid for a $160 minimum monthly wage for the garment industry, independent unions will lead a “stay at home” strike late next week. While the chances of that figure being approved anytime soon seem slight – the government has only just announced a ...

Sean Teehan
http://www.phnompenhpost.com/national/costs-don%E2%80%99t-top-brands%E2%80%99-concerns

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

Monks protest over institute

A group of about 100 people, including 50 or so monks, attempted to march yesterday to protest outside Phnom Penh’s Buddhist Institute, but were thwarted by droves of military police and district security guards on Sisowath Quay. No violence occurred as Independent Monk Network leader But ...

Chhay Channyda
http://www.phnompenhpost.com/national/monks-protest-over-institute

US retailers express support for Cambodian living wage

As a new round of Cambodian wage negotiations approaches this month, major U.S. and European retailers who source from the country say they will be watching the talks carefully and want to see fair pay for workers. Representatives of the brands like Gap, Levi Strauss, and ...

Kimseng Men
http://www.voanews.com/content/us-retailers-express-support-for-cambodian-living-wage/2470747.html

Committee notes sharp rise in storm figures

The National Committee for Disaster Management yesterday said more than 300 storms last year killed eight people, injured more than 100 and destroyed thousands of homes. Keo Vy, an NCDM spokesman, said there were 336 storms, an increase of 68 percent compared with 2018 when there ...

Mom Kunthear
https://www.khmertimeskh.com/50676088/committee-notes-sharp-rise-in-storm-figures

OSK Indochina Bank acquired by RHB Capital

One of Malaysia’s biggest investment banks, RHB Capital, announced it will acquire OSK Indochina Bank, via the transfer of 100 per cent of OSK Investment Bank shares from parent OSK Holdings, giving OSK Holdings a 10 per cent stake in the larger Malaysian RHB Capital ...

http://www.phnompenhpost.com/index.php/2012071757452/Business/osk-indochina-bank-acquired-by-rhb-capital.html

$300M maiden sovereign-bond issue set to begin on Sept 7: NBC

The National Bank of Cambodia (NBC) announced that it will float the 100 billion riel ($25 million) first tranche of its 1.2195 trillion riel maiden sovereign-bond issue on September 7, which financial experts point out will allow the government to diversify funding sources for national ...

May Kunmakara
https://www.phnompenhpost.com/business/300m-maiden-sover-eign-bond-issue-set-begin-sept-7-nbc

Unions set to begin first phase of nationwide strike

A coalition of 18 labor unions and associations is today set to begin the first phase of a nationwide labor strike in the garment sector by calling on workers in about 100 factories to boycott working overtime, according to union leaders. Despite efforts by the government ...

Mech Dara
http://www.cambodiadaily.com/news/unions-set-to-begin-first-phase-of-nationwide-strike-52989/

Giant development in Cambodia hinges on Chinese buyers

There is an island in Cambodia that, unlike others in Southeast Asia, is not the object of an ownership dispute. But it is equally clear whom its current owners would like to land there: Chinese property buyers. If all goes according to plan, Koh Pich — ...

Chris Horton
http://www.property-report.com/cambodias-mega-development-lures-chinese-investors-34672

Ongpin’s Atok buys Hong Kong company

Atok-Big Wedge Co. Inc., a listed company owned by the group of former Trade minister Roberto Ongpin, acquired Tidemark Holdings Ltd., a Hong Kong company that owns 25.9 percent of Forum Energy Plc, an oil and gas firm controlled by Philex Mining Corp. Atok-Big Wedge said ...

http://www.manilastandardtoday.com/insideBusiness.htm?f=2011/october/5/business4.isx&d=2011/october/5

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