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GSP exemption pitched

A roadshow to Hong Kong this week to pitch Cambodia’s newly received duty-free access on travel goods to the US market was successful, but manufacturers have yet to sign concrete deals to establish new production lines here, a delegate of the returning business mission said. ...

Hor Kimsay
http://www.phnompenhpost.com/business/gsp-exemption-pitched

Cambodia, Thailand Will Likely Resume Talks on Offshore Oil and Gas

Cambodia’s and Thailand’s governments will likely resume negotiations on offshore drilling for oil and gas which will bring mutual benefits of the area of overlapping maritime claims after Cambodia gave the green light for issues before the visit of new Thai foreign minister Surapong Tovichakchaikul ...

http://thesoutheastasiaweekly.com/

Chinese Mining Firm Plans Siem Reap Extraction

A Chinese conglomerate headed by an adviser to Senate President Chea Sim plans to begin extracting gold and copper in Siem Reap province in two months, the firm’s chairman said yesterday. Khmer Holding, a group of companies that claims vast mineral interests in Cambodia, opened an ...

http://www.cambodiadaily.com

Cambodia’s Economic Challenge

Even as the skyline of Phnom Penh grows with the symbols of modern architecture, Cambodia’s economy still faces a host of challenges. On the surface, Cambodia’s economy is certainly improving. In September, the IMF raised its 2012 GDP growth forecast from 6.3 to 6.5 percent ...

http://thediplomat.com/2013/01/03/cambodias-failed-trickle-down-economy/

Myanmar’s siren song

Unions and labour rights groups have spent recent months unashamedly drilling home a stark reminder: Cambodia’s minimum garment wage, at $61 per month, compares poorly with those in Thailand – where workers earn more than $200 a month – and Vietnam, which has a base ...

http://www.phnompenhpost.com/2013031861998/National/myanmar-s-siren-song.html

The scramble to Siem Reap

As Cambodia’s busy tourism season approaches, domestic and regional airlines are scrambling to offer Siem Reap routes in a bid to capitalise on the growing number of visitors to the Angkor Wat gateway. In the past several months, players have entered the fray at a ...

http://www.phnompenhpost.com/business/scramble-siem-reap

Microlender in monster deal

Hong Kong financial giant The Bank of East Asia and Sri Lanka’s LOLC announced on Friday that they have jointly acquired a majority stake in Prasac Microfinance, Cambodia’s largest microfinance institution (MFI) by assets, in what could be the largest acquisition of a Cambodian lender ...

Kali Kotoski
http://www.phnompenhpost.com/business/microlender-monster-deal

Plaza extends network to Cambodia

Hong Kong-based company Plaza Premium Lounge Management Limited (Plaza Premium), will design and operate airports lounges at the newly built terminal extensions of Phnom Penh and Siem Reap international airports. Both terminals will be fully operational next year. ...

Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2015/03/plaza-extends-network-to-cambodia/

Burger King to Open at Phnom Penh Airport

U.S. fast-food chain Burger King is set to open its first restaurant in Cambodia next month, an official confirmed yesterday. Advertisements have gone up at the Phnom Penh International Airport bearing the famous Burger King logo, with a message saying that the chain is “Coming soon.” ...

http://www.cambodiadaily.com/business/burger-king-to-open-at-phnom-penh-airport-8309/

Timbergreen official questioned in Chut Wutty shooting

The “company” that military police have declined to identify but said sent staff to confront activist Chut Wutty shortly before he was shot last Thursday is Timbergreen, a firm the slain activist had attempted to expose for illegal logging. Documents obtained by the Post yesterday and sources have ...

http://www.phnompenhpost.com/index.php/2012050355957/National-news/company-man-arrested.html

Myanmar Airways flights to Cambodia to take off again

Myanmar Airways International (MAI) will resume its regular flights between Yangon and Cambodia’s two main international airports in early December after they were suspended for about three months. MAI started a twice-weekly schedule to Siem Reap in late February, but suspended the route over the last ...

http://www.phnompenhpost.com/index.php/2012111559748/Business/myanmar-airways-flights-to-cambodia-to-take-off-again.html

More Than 1,000 Faintings Reported in Cambodian Factories This Year

The faintings between January and August were much higher than the 802 reported in the whole of last year, while only one factory worker died in the workplace in 2013, the Free Trade Union of Workers of the Kingdom of Cambodia (FTUWKC) said in a ...

Joshua Lipes
http://www.rfa.org/english/news/cambodia/faintings-08212014140815.html

Unions say gov’t blocking branch registrations

In March, the Ministry of Labor for the first time began requiring union leaders to submit proof they had no previous criminal convictions before they would be allowed to register a new union or local branch. Now, the country’s leading unions say worker representatives are struggling ...

Mech Dara
http://www.cambodiadaily.com/news/unions-say-govt-blocking-branch-registrations-66958/

SR airport lounge to be ready by next month

Plaza Premium Group, the Hong Kong-based company that opened its first lounge in Cambodia at Phnom Penh International Airport last month, will open its second lounge in Siem Reap airport by the end of next month, according to the firm that manages the Kingdom’s three ...

Ayanna Runcie
http://www.phnompenhpost.com/business/sr-airport-lounge-be-ready-next-month

Ponzi scheme victims petition prime minister for intervention

Furious investors who claim they were cheated out of thousands of dollars by a now defunct financial firm that directed them to buy stock in a Hong Kong-based ponzi scheme set up camp in front of Prime Minister Hun Sen’s house on Thursday, imploring him ...

Khuon Narim
https://www.cambodiadaily.com/news/ponzi-scheme-victims-petition-prime-minister-for-intervention-112235/

Protected forest land clearing stopped in Koh Kong

Koh Kong provincial authorities detained and educated four people over the clearing of protected forest lands on Monday before releasing them. Deputy Koh Kong Governor Sok Sothy said yesterday that joint authorities cracked down on the land clearing in Koh Kong district. ...

Khy Sovuthy
https://www.khmertimeskh.com/50530796/protected-forest-land-clearing-stopped-in-koh-kong/

Koh Kong villagers to be given UDG land

The government has ordered the Ministry of Environment to work with the relevant authorities to grant Koh Kong province villagers land from Union Development Group (UDG), a Chinese company, following a long-standing dispute. ...

Mech Dara
https://www.phnompenhpost.com/national/koh-kong-villagers-be-given-udg-land

Forestry, wildlife crimes drop at Koh Kong sanctuary

Koh Kong provincial authorities said on Sunday that illegal forestry and wildlife trafficking crimes have decreased considerably at the Peam Krasop Wildlife Sanctuary, although authorities are still investigating cases of encroachment on state land at the site. ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/forestry-wildlife-crimes-drop-koh-kong-sanctuary

Sea festival to take place in Koh Kong

The seventh Sea Festival will be held in Koh Kong province in December, serving as a platform from which to introduce local tourism products to domestic and international travellers. ...

Chea Vannak
https://www.khmertimeskh.com/50522978/sea-festival-to-take-place-in-koh-kong/

Koh Kong revokes land rights on clearing fears

Koh Kong provincial hall on Tuesday revoked ownership of land near the protected Peam Krasoap Wildlife Sanctuary to prevent further land clearing in the area. Its announcement raised fears among local communities of a potential forced eviction. “All illegal land ownership or unregistered land at ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/koh-kong-revokes-land-rights-clearing-fears

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