New cement factory opens in Kampot
Chip Mong Insee Cement Corporation (CMIC) launched a new factory in Kampot province yesterday, with a total production capacity of 5,000 tonnes of cement per day.The official opening of the $262-million factory was presided over by Prime Minister Hun Sen in the Banteay Meas district ...
Hor Kimsay and Hin Pisei
http://www.phnompenhpost.com/business/new-cement-factory-opens-kampot
Government warns of bird flu
The Ministry of Health has called on all travelers to beware of a new strain of bird flu that is now spreading in South Korea and Japan. In a notice released yesterday, the Health Ministry said the discovery of H5N6, a new strain of the bird ...
Taing Vida
http://www.khmertimeskh.com/news/33918/government-warns-of-bird-flu/
Villagers hit with charges to use local road
Villagers in Mondulkiri province have pleaded with local authorities to intervene after a company behind a nearby rubber plantation began charging them 20,000 riel ($5) to use a local road. Security guards at the Tong Min Group property told villagers from Pech Chreada district’s Pou ...
May Titthara
http://www.khmertimeskh.com/news/38528/villagers-hit-with--charges-to-use-local-road/
Efforts to formalise SMEs fall short
The Cambodian government has made negligible progress in bringing small- and medium-size enterprise (SMEs) into the regulatory fold, reporting a less than 0.5 percent increase in the total number of companies registered in the last five years – a sign business professionals claim shows that ...
Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/efforts-formalise-smes-fall-short
New skytrain gets investors on track
At the Peace Palace in Phnom Penh on May 5, during an official visit between Cambodian Minister Hor Namhong and Japanese Minister Keiichi Ishii, the Minister of Land, Infrastructure, Transport and the Tourism Minister in charge of the Water Cycle Policy of Japan, an agreement ...
Ky Kosal
http://www.khmertimeskh.com/news/38437/new-skytrain-gets-investors-on-track/
Cambodia's Tourism Slows
Cambodia’s Statistics and Tourist Information Department, Ministry of Tourism, reported arrivals increased 15.7% in September, the lowest growth rate so far for this year based on 242,747 visits during the month. The percentage increase for the nine-month period was pulled down from 24.5% at ...
http://www.ttrweekly.com/site/2012/11/cambodias-tourism-slows/
Factory name change fires up workers
More than 5,000 workers went on strike in Kandal province’s Ang Snuol district yesterday after discovering the owners had changed the name of their factory almost two years ago, a union representative said. Concerned that the name change from Tai Yeng to Tai Nan in 2010 ...
Prasac moves towards becoming a bank
Prasac, a leading micro-finance institution in Cambodia, had increased its registered capital from US$3.8 million to $20 million in preparation for its transformation into a commercial bank by 2014, the institution said yesterday. “The registration requirement of $37.5 million is a very small amount to ...
Clash erupts at SL factory
Security guards clashed yesterday with workers from two SL Garment factories that supply Levi’s, Gap and H&M, as the number of employees protesting exceeded 5,500 – or more than 90 per cent of the staff. Protester Kim Voeun, 32, said security guards, in the presence of ...
http://www.phnompenhpost.com/index.php/2012052456366/National-news/clash-erupts-at-sl-factory.html
Viet Nam invests over VND110 billion in sugar planting in Cambodia
Sugar factories from Tay Ninh Province have spent over VND110 billion (US$5 million) to plant sugar cane in Cambodia’s Svay Rieng Province for the 2012-2013 crop, said the Tay Ninh People’s Committee. Vietnamese sugar producers have planted the crops in Cambodia as sugar cane in ...
Hun Sen: No to industry along coast
Hun Sen asked authorities to maintain the pristine beaches along coastal provinces by not allowing any industrial factories to be constructed on or near them. The comment was aimed towards an agreement signed by Cambodian and Chinese companies late last month to build a $2.3 ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZmQ1NGIxODRiYTk
Cambodia considering development of expressway to serve growing economy
Cambodia is considering the development of an expressway network to meet the need for the country’s growing economy, Minister of Public Works and Transport Tram Iv Tek said here Wednesday. The minister said many Asian countries, including neighboring Vietnam and Thailand, have formulated their national ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/08/c_133029001.htm
Labour negotiations begin at SL Garment factoy
A meeting between factory management and representatives of more than 5,000 striking workers at one of Asia’s largest garment-processing factories yielded no progress. Ken Loo, secretary-general of the Garment Manufacturers Association in Cambodia, has called the strike illegal because workers failed to notify the company ...
http://www.phnompenhpost.com/national/labour-negotiations-begin-sl-garment-factoy
IMF projects further acceleration in Cambodian growth
The International Monetary Fund is projecting further modest acceleration in Cambodia’s rate of economic expansion over the next five years. In the latest World Economic Outlook released Tuesday, the IMF projects that Cambodia’s gross domestic product will grow from an estimated 7.0 percent last year to ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=M2VkZmJjNTE5ZjU
CNRP still wants poll inquiry, reelection: Sam Rainsy
The opposition leader said that the Cambodia National Rescue Party (CNRP) still maintains its stance to demand a probe into election irregularities, and reelection. Sam Rainsy made such comments in a video clip posted Wednesday in his Facebook page. The 5-minute clip said that the CNRP respects ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=11&token=Yjc1ZThlMTZmMDI
As Wing Star Shoes strike enters third day, workers block road
Thousands of workers at the Wing Star Shoes Co. Ltd. on Wednesday blocked the road to the factory in Kompong Speu province for two hours. They demanded the company raise their bonuses by $5 and properly enforce labor laws after arbitration talks failed Tuesday. It was ...
Barred from exam, grade 12s protest
Fifty-two students in Kampong Thom are blaming teacher favouritism and an inherently unequal system for preventing them from sitting the national exam and graduating this year. The students, from Hun Sen Taing Kork High School in Baray district, filed a petition to the provincial department of ...
Chhay Channyda
http://www.phnompenhpost.com/national/barred-exam-grade-12s-protest
Profits up in third quarter for PPWSA
The Phnom Penh Water Supply Authority (PPWSA) saw a dramatic increase in profits during the third quarter of this year, according to the state-run firm’s latest filing to the Cambodian Stock Exchange (CSX). PPWSA profits after tax topped $4.5 million during the three-month period ending September ...
Eddie Morton
http://phnompenhpost.com/business/profits-third-quarter-ppwsa
Court hears fraud case brought by general’s daughter
The Phnom Penh Municipal Court on Thursday heard the case of a couple charged with defrauding the daughter of a high-ranking military official out of $2.5 million in a property deal. The plaintiff, Meas Sopheary, 35, the daughter of Royal Cambodian Armed Forces Deputy Commander-in-Chief Meas ...
Hay Pisey
https://www.cambodiadaily.com/news/court-hears-fraud-case-brought-by-generals-daughter-77039/
Credit up 30 per cent in 2014
Both deposits and loans in Cambodia’s banking sector increased about 30 per cent last year, a rise that industry insiders say is a productivity boost for the Kingdom’s economy. By the end of December, deposits at all Cambodian banks reached $10 billion, a 32 per cent ...
Hor Kimsay
http://www.phnompenhpost.com/credit-30-cent-2014