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Striking Workers Refuse Government Offer in Wage Dispute

Union leaders and striking workers on Wednesday said they would not agree to a minimum wage of $100 per month and would continue demonstrations until a higher wage is set. Government officials say they are willing to raise the minimum wage from $80 to $100 ...

Kong Sothanarith
http://www.voacambodia.com/content/striking-workers-refuse-government-offer-in-wage-dispute/1821569.html

An NGO with suspect ties offers wide praise

The Cambodian Democratic Student Intellectual Federation, a self-described “non-governmental and politically impartial organisation”, has declared the elections an unqualified success. “Having directly observed the electoral process in all 24 municipality [sic] and provinces, CDSIF affirms that this general election was smoothly, properly, transparently, freely and ...

http://www.phnompenhpost.com/national/ngo-suspect-ties-offers-wide-praise

City Hall offers final warning to displaced farmers

A group of about 200 farmers from Kratie province refused on Thursday to leave a pagoda in Phnom Penh—their home base for protests against their eviction at the hands of a Vietnamese rubber company—as the city’s deputy governor warned them that the municipal government would ...

Aun Pheap and George Wright
http://www.cambodiadaily.com/news/city-hall-offers-final-warning-to-displaced-kratie-farmers-59436/

Kratie farmers offered land, but many remain defiant

A group of villagers who were evicted from Kratie province to make way for a Vietnamese rubber company were given a 750-hectare social land concession by the government Thursday, but many said they would hold out for a better offer. A letter signed by Kratie Governor ...

Sek Odom
http://www.cambodiadaily.com/archives/kratie-farmers-offered-land-but-many-remain-defiant-60025/

Cambodia, Laos, Myanmar seen offering big investment opportunities

Business International Monitor said Thursday that Cambodia, Laos and Myanmar were expected to outperform their regional peers in terms of real economic growth in the longer term. In a statement, the London-based firm said the three countries would offer ” substantial opportunities for investors over the coming decade, ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=N2ZkOTU4YTZmZGU

Evictees reject latest offer from UK sugar firm

Representatives for the 200 Cambodian families suing U.K. sugar firm Tate & Lyle for allegedly profiting off of their stolen land say they have rejected the firm’s latest offer to settle the dispute and are looking forward to their first court date, set for October. The ...

Kuch Naren and Zsombor Peter
http://www.cambodiadaily.com/news/evictees-reject-latest-settlement-offer-from-uk-sugar-firm-60869/

Latest property reports offer evidence of strong growth

In its latest Market View report, CBRE Cambodia Research concludes that Phnom Penh has well and truly put the fallout from the Global Financial Crisis – which saw many condominium developments in the city put on hold or even fail – behind it, and the ...

Post Staff
http://www.phnompenhpost.com/real-estate/latest-property-reports-offer-evidence-strong-growth

Phnom Penh pagoda offers haven for the marginalized

When 200 villagers from Kratie province walked into Samakki Raingsey pagoda seeking safety and shelter early this month, they weren’t the first to do so. The villagers, whose homes in Snuol district had been torched by authorities just days earlier, were walking a well-trodden path—a path ...

Mech Dara and Matt Blomberg
http://www.cambodiadaily.com/author/matt-blomberg/

French agency to offer loans for solar panels

The French Development Agency (AFD) confirmed Wednesday that it will sign $6 million worth of loan agreements with three microfinance institutions (MFIs) to help rural households purchase solar panels and electricity. ...

Kang Sothear
http://www.cambodiadaily.com/business/french-agency-to-offer-loans-for-solar-panels-71345/

CLMV markets offer huge opportunities for Thai brands

Riverorchid Group, a Thai marketing and communication agency specialising in Cambodia, Laos, Myanmar and Vietnam (CLMV), has said advertising spending in the region will continue to grow and play an increasingly important role in brand communication, particularly for Thai companies. ...

Watchiranont Thongtep
http://www.nationmultimedia.com/business/CLMV-markets-offer-huge-opportunities-for-Thai-bra-30264442.html

Banking summit set to offer students thousands of jobs

The Banking Jobs and Skills Summit 2023 is set to take place from September 29-30 at the National University of Management (NUM), featuring around 20 financial institutions and offering thousands of job opportunities to students. ...

Van Socheata
https://www.phnompenhpost.com/national/banking-summit-set-offer-students-thousands-jobs

Rice exporter turns to Cambodia

Capital Rice Ltd, Thailand’s third-largest rice exporter, is shifting some of its business to Cambodia as the Thai market shrinks because of government intervention that has diverted grain into state stockpiles or made it too expensive to ship. “We have built a medium-sized milling house in ...

http://www.bangkokpost.com/breakingnews/332629/disillusioned-rice-exporter-turns-to-cambodia

Industry Sector

The real growth rate of the industry sector has been revised downwardly by half a percentage point against the previous estimate to 8.8 percent year-on-year in 2012. A scaling down of the growth estimate of the textile and garment sub sector, as a result of persistently weaker demand in the European and US ...

http://www.etmcambodia.com/

Economic Plan for Mekong Region Gets Finalized

Ministers from the six Mekong region nations concluded a two-day meeting yesterday in which they solidified plans for an economic strategy that would span a decade and require billions in investment. Speaking at Phnom Penh’s Peace Palace at the annual ministerial meeting, Minister of Commerce ...

Oil dispute optimism

A solution to the Overlapping Claims Area (OCA) in the Gulf of Thailand may be at hand due to the election of Puea Thai. Petroleum companies are said to to be ready to explore the region, an area of more than 27,000 square kilometers. A ...

http://www.phnompenhpost.com/index.php/2011072150552/Business/oil-dispute-optimism.html

ILO Respond to Scathing Stanford Report on Factory Monitoring

The International Labour Organisation (ILO) Better Factories Program (BFC) has responded to a scathing report released last week by Stanford University, which said the ILO program was ineffectual as it had not helped secure Cambodian workers a significant wage increase since the program started over ...

http://www.cambodiadaily.com

SCB focus on Myanmar, Laos, Cambodia

Siam Commercial Bank will begin expanding its footprint across the region in anticipation of greater business opportunities and competitive pressures with the launch of the Asean Economic Community in 2016. SCB, Thailand’s third-largest bank in terms of assets, operates branches in Laos, Singapore and Hong ...

http://www.bangkokpost.com/business/economics/322667/scb-focus-on-myanmar-laos-cambodia

Kith Meng re-elected

PROMINENT businessman Kith Meng was re-elected unopposed yesterday as president of the Cambodian Chamber of Commerce. Kith Meng, the only contender who declared his candidacy for the three-year mandate, received support from all 11 candidates eligible to stand. Kith Meng, who is also chairman and chief ...

http://www.phnompenhpost.com/index.php/2011080950932/Business/kith-meng-re-elected.html

As US Economy Slows, Investment in Asean Nations Necessary

Siem Reap City – With a host of uncertainties still hanging over the U.S. economy, more than 100 American businesses—the largest delegation to ever visit Cambodia—gathered here over the weekend, and all of them were in agreement about one thing: The slowdown in the U.S. ...

USAID nutrition project to benefit mothers and young children

The U.S. Agency for International Development (USAID) announced Thursday its Integrated Nutrition, Hygiene, and Sanitation Program that will improve the lives of mothers and young children by teaching better nutrition and hygiene practices and increasing the use of latrines.The five-year, $16 million project will benefit ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=15&token=ZmY2MjExZjAwMDc

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