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 ...
$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/
Public revenues from extractive industries
Extractive industries include mining and mineral sectors, natural gas and oil exploration, petroleum refineries, and quarrying for construction resources such as sand, stone, and gravel. Cambodia’s extractive resources have gone largely untapped, while these resources are geographically identifiable.The government considers extractive industries a potentially important ...
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
Population and censuses
table { width: 100%; } table td { vertical-align: middle; } Cambodians gathering along the Chaktomuk riverside in Phnom Penh to watch boat racing during the Water Festival. Photo by Patrik M. Loeff, taken on 24 November 2007. Licensed under CC BY-NC-ND 2.0.PopulationProvisional results from ...
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 ...
Nike Visits Over Recent Faintings at Factory
Representatives from US sports brand Nike will arrive today to investigate last week’s mass faintings at their supplier factory in Kompong Speu province, officials from the Labor Ministry and an International Labor Organization (ILO) representative said yesterday. Pok Vanthath, deputy director of vocational safety for the ...
‘Illegal’ Pursat settlers given ultimatum
Pursat provincial authorities have given an ultimatum to 31 families who illegally settled on 100ha of land in Phnom Samkos Wildlife Sanctuary in Veal Veng district’s Stung Thmey village. According to a provincial Department of Environment notice dated November 8 and obtained by The Post, ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/illegal-pursat-settlers-given-ultimatum
Thousands Evacuated, but Floodwaters Abating
More than 400 families in Banteay Meanchey province have now been evacuated from their homes due to heavy flooding in towns and villages along the Thai border, provincial officials said yesterday. About 100 families were evacuated from Poipet City – the worst-hit area – yesterday alone, ...
Rain delays Kampot port construction
Construction of the US$100 million Kampot sea port had been further delayed by rain, materials not being available and incomplete preparations, a local investor revealed yesterday. Vinh Huor, president of the Kampot Special Economic Zone, (KSEZ) said of the delay: “We are preparing to be better, ...
Locals Pay Almost Double for iPhone Amid High Demand
Cambodian customers eager to buy Apple Inc.’s newest iPhone are paying almost double the company’s asking price in the U.S., phone vendors in Phnom Penh said yesterday. At about a dozen phone shops near Phnom Penh’s Central Market, vendors were doing a steady trade in the ...
Villagers No Longer Seen As Secessionists
Villagers locked in a land dispute in Pursat province’s Veal Veng district no longer pose a secessionist threat, and those remaining in the contested area will receive new plots of land on which to live, the district governor said yesterday. District governor Chhe Chhiv said that ...
Workers protest job cuts at garment factory
More than 100 workers from the Horus Industry garment factory in Phnom Penh Meanchey district protested outside the Ministry of Social Affairs on Friday, demanding that the government order their employer to provide answers as to why hundreds have lost jobs at the factory. Workers say that of ...
Beef price almost doubles
High demand for beef, particularly during the Islamic Qurban festival which ended yesterday, caused beef prices to almost double compared with the same period last year, according to Islamic leaders and officials. Him Khortieth, IKatan Mahabbah Muslimin’s (IMAN) representative in Cambodia, said the association planned to ...
http://www.phnompenhpost.com/index.php/2012103059462/Business/beef-price-almost-doubles.html
New condominium launched
A new real estate joint venture between local Sonatra Group and Japan’s Grand Corp launched a $6.5 million condominium project in BKK1 yesterday. The 26-storey tower, with 50 units, will be built with high-quality, energy-saving Japanese equipment, according to the new firm’s chief executive, Jun Takeguchi. ...
Gaming Company Announces Casino in Poipet
Entertainment Gaming Asia Inc. (EGA), announced Monday that it will break ground Thursday on a new $7.5 million Slot Hall casino in Poipet province along the Thai border, EGA said in a statement. The casino will open by the end of the year with 300 gaming ...