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Bribery a challenge for Cambodia's tourism sector

The tourism sector has complained about the attempted extortion and bribery by officials at the international border checkpoints that still upset tourists coming into Cambodia. The issue was raised yesterday during a meeting of the Interministerial Committee for Facilitating the Travel and Transport of Tourists and ...

http://www.phnompenhpost.com/2013011560779/Business/bribery-a-challenge-for-cambodia-s-tourism-sector.html

Workers split on call to rally

Union workers and leaders appeared divided yesterday on the question of whether to support the opposition party’s planned three-day demonstration at Freedom Park. Campaign promises from the Cambodia National Rescue Party to raise minimum monthly salaries to $150 seemed to have struck a chord with garment ...

Chhay Channyda and Sean Teehan
http://www.phnompenhpost.com/national/workers-split-call-rally

New Year sees tourism boom

The number of domestic and foreign tourists visiting historical sites and the Kingdom’s coastal areas increased sharply during this year’s three-day Khmer New Year, according to provincial tourism departments. Data from Siem Reap’s tourism department show 258,000 tourists visited the city of ancient temples, an increase ...

Chan Muy Hong
http://www.phnompenhpost.com/business/new-year-sees-tourism-boom

Another wage body to form

Following a meeting with parliamentarians at the National Assembly yesterday, Minister of Labour Ith Sam Heng announced the ministry would form a 27-member committee to study technical aspects of raising the minimum wage in Cambodia’s garment sector. The new committee will comprise nine representatives each from ...

Pech Sotheary and Sean Teehan
http://phnompenhpost.com/national/another-wage-body-form

Grand Twins’ share price continues to drop

The share price of Grand Twins International, a manufacturer for U.S. athletic apparel brands, on Tuesday sank for the fourth straight day since it was listed on the bourse last week, signaling that its initial listing price was too high, industry analysts said. “The pricing of ...

Hul Reaksmey and Joshua Wilwohl
http://www.cambodiadaily.com/business/grand-twins-share-price-continues-to-drop-62374/

NGO Global Witness hits back at ministry

The government’s apparent unwillingness to take seriously evidence of continued large-scale illegal logging orchestrated by the Try Pheap Group is “disappointing”, Global Witness said yesterday. A report released last week by the UK-based group titled The Cost of Luxury detailed evidence, collected during an eight-month covert ...

Daniel Pye
http://www.phnompenhpost.com/ngo-global-witness-hits-back-ministry

Cambodia-China trade increases to $912 Million for first half of 2011

“Bilateral trade between Cambodia and China grew about 82 percent in the first half of 2011 if comparing with the same period for last year while the two countries are trying to boost the trade ties to achieve US $2.5 billion in 2012,” Ministry of ...

http://thesoutheastasiaweekly.com

Long-overdue Consolidation of the Kingdom’s Mobile Telecoms Market May Have Operators Feeling Hopeful, but Challenges Remain

After years of immersion in a vicious price war, battle weary and capital-haemorrhaging [sic] mobile operators in Cambodia’s oversaturated telecommunications sector may finally have reason to breathe a sigh of relief; 2013 might be cited as the year the tide turned. Tarred by legal threats, ...

http://sea-globe.com/united-we-stand/

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

NagaCorp Ltd unveils Naga 3

NAGACORP Ltd, which owns Phnom Penh’s only licensed casino NagaWorld, announced its $4 billion Naga 3 Project on the site of the former “White Building” in Tonle Bassac commune, a 29-page document filed with the Stock Exchange of Hong Kong Limited said. The company’s announcement ...

Sorn Sarath and Hin Pisei
https://www.phnompenhpost.com/business/nagacorp-ltd-unveils-naga-3

Workers at JC Penny supplier rally for unpaid benefits

Following more than two weeks of protests in front of their shuttered factory in Por Senchey district, more than 500 workers from Win Shingtex (Cambodia) Co. Ltd tried to march yesterday to the Ministry of Labor, the Council of Ministers and Prime Minister Hun Sen’s ...

Mom Kunthear
http://www.khmertimeskh.com/news/23032/workers-at-jc-penny-supplier-rally-for-unpaid-benefits/

NagaWorld sees year-on-year boost in VIP revenues

Phnom Penh casino NagaWorld has announced that gross gaming revenue (GGR) rose 48 per cent year-on-year for the first quarter of 2015, largely on the back of returns from VIP clients. Nagacorp, the Hong Kong stock exchange-listed parent of NagaWorld, said in an unaudited report released ...

Charles Rollet
http://www.phnompenhpost.com/business/nagaworld-sees-year-year-boost-vip-revenues

CIMB says Local Investors Bring More Franchises to Cambodia

The steady growth of franchises from overseas is likely to continue as young, moneyed Cambodians seize the opportunity to bring name brands into the country, a bank official said yesterday. Hoping to help its customers and others invest in franchises, Malaysia-based CIMB Bank yesterday organized ...

http://www.cambodiadaily.com

Fear Remains as Factory Reopens

More than 20 people fainted yesterday at the Wing Star Shoes factory in Kampong Speu province, where two workers were crushed to death in a ceiling collapse last Thursday. Workers and union officials said an electrical short-circuit scared workers returning for the first time since the ...

http://www.phnompenhpost.com/2013052165744/National/fear-remains-as-factory-reopens.html

$1.5b real estate project launches in Phnom Penh

Hong Kong-based Sunwah Group has launched a $1.5 billion real estate project in Phnom Penh, saying it will represent a new symbol of Cambodia’s high-quality life. ...

Penh Chamroeun
https://kiripost.com/stories/15b-real-estate-project-launches-in-phnom-penh

Hoa Phat receives many orders to export steel in January, including Cambodia

In the early days of this year, Hoa Phat Group secured many orders to export its steel products to the US, Canada, Mexico, Puerto Rico, Australia, Malaysia, Hong Kong (China), and Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501234931/hoa-phat-receives-many-orders-to-export-steel-in-january-including-cambodia/

Officials investigating Koh Kong villagers' allegations of UDG compensation fraud

Koh Kong officials are looking into claims that residents of Bak Roneas village affected by a massive project by the company Union Development Group were not properly compensated. The villagers filed a complaint with Prime Minister Hun Sen’s cabinet early this year, claiming they did ...

Phak Seangly
https://www.phnompenhpost.com/national/officials-investigating-koh-kong-villagers-allegations-udg-compensation-fraud

Koh Kong court detains a forestry activist over forestry crime

The Koh Kong provincial court today decided to detain a forestry activist for illegally collecting product and sub-product of forest. ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/koh-kong-court-detains-a-forestry-activist-over-forestry-crime-9019

Two briefly held in Koh Kong after pot patch discovered

Two men were arrested and temporarily detained on Monday in Koh Kong province after authorities discovered 34 marijuana plants being grown illegally in the gardens in front of their homes, police said yesterday. ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/two-briefly-held-koh-kong-after-pot-patch-discovered

Environment minister to visit UDG project in Koh Kong province

Environment Minister Say Sam Al is scheduled to visit Koh Kong province today, while a representative of Chinese-owned company Union Development Group said the minister is expected to pay a visit to their 45,000hectare land concession, which has been the cause of a long-running land ...

Hul Reaksmey
http://www.cambodiadaily.com/news/environment-minister-to-visit-udg-project-in-koh-kong-province-53249/

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