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Otres beach stalls to be dismantled next week

The Preah Sihanouk provincial administration will take steps next week to dismantle vendors’ stalls along Otres Beach in the province’s Commune I, Stung Hav district. The stall owners, who have been making a living there for some 20 years had earlier asked the provincial governor ...

Voun Dara
https://www.phnompenhpost.com/national/otres-beach-stalls-be-dismantled-next-week

Maersk sees a slowing EU

The Cambodia representative for the world’s largest shipping company said exports from Cambodia to Europe grew by more than 60 per cent during 2011, but have since weakened. “Rice exports grew a lot during 2011 and a lot of it went to Poland and France,” ...

Stuart Alan Becker, P. 9
http://www.phnompenhpost.com/index.php/2012050856019/Business/maersk-sees-a-slowing-eu.html

Human rights issues alleged in renewable energy sector report

The first human rights benchmark of renewable energy companies reveals serious weaknesses in industry efforts to protect workers and communities, creating risks in a sector vital to countering the climate crisis, according to the Business and Human Rights Resource Centre (BHRRC). However, Cambodia, which aims ...

Sorn Sarath
https://www.khmertimeskh.com/50739595/human-rights-issues-alleged-in-renewable-energy-sector-report/

Public warned against igniting forest fires

The public has been urged to stop using fires to collect bees, catch animals or clear land in forests. In a letter dated January 20, the Ministry of Agriculture, Forestry and Fisheries said burning grasses and other unsanctioned activities like harvesting forests or clearing them for ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/public-warned-against-igniting-forest-fires

Q1 cassava exports top a million tonnes

Cambodia exported nearly 1.031 million tonnes of cassava in either fresh, dried, powder or pulp/residue form in the first three months of 2023, of which nearly three-quarters went to Thailand, according to agriculture ministry data, as local reports suggest that prices for the tubers in ...

Hin Pisei
https://www.phnompenhpost.com/business/q1-cassava-exports-top-million-tonnes

Plans moving forward for Japanese SEZ

Cambodia is actively working to establish the Cambodia-Japan Special Economic Zone (SEZ) to attract more Japanese investment, given its current status as a key trade and investment partner, according to a press release from the Council for the Development of Cambodia (CDC). CDC first vice-president ...

Hin Pisei
https://www.phnompenhpost.com/national/plans-moving-forward-for-japanese-sez

Bavet City garment strikes gain momentum

Trade unions may have failed to get a stay-at-home strike for higher wages off the ground after the Khmer New Year earlier this month. But a strike for bonus pay is picking up steam in Svay Rieng Province, where some 20,000 garment workers protested at ...

Mech Dara
http://www.cambodiadaily.com/news/bavet-city-garment-strikes-gain-momentum-57447/

Cambodia rejoins the world of stocks

Enthusiasm about the start of trading at the exchange, which opened last July without a single listed company, extends beyond the borders of the Southeast Asian country. Investors including Templeton Emerging Markets Group Chairman Mark Mobius said they plan to participate in Cambodia’s stock market ...

http://www.brisbanetimes.com.au/business/world-business/cambodia-rejoins-the-world-of-stocks-20120319-1ver3.html

Thai Rice Policy: Wait and See

Setting a minimum price for paddy is one of the campaign promises that the Pheu Thai party made to its supporters during the recent election campaign in Thailand before it was elected to power. Now it’s a matter of waiting to find out whether this ...

http://www.etmcambodia.com/

Cambodia Bets Casinos Can Boost Tourism

Cambodian developers are betting that casinos can make the tiny Southeast Asian country a bigger draw for high-spending tourists. The nation of 15 million people has more than 25 casinos, but most are small affairs in rough-and-tumble border towns that cater to hard-core Thai, Chinese and ...

http://online.wsj.com/article/SB10001424052702304750404577317094266574870.html

Senate passes amendments to 10 articles of trade union law

The Senate on Monday approved draft amendments to 10 articles of the Law on Trade Unions at the fourth session of the fourth legislature. It did so without modification, following its approval by the National Assembly last month. The 10 articles comprise Articles 3, 17, ...

Ry Sochan
https://www.phnompenhpost.com/national/senate-passes-amendments-10-articles-trade-union-law

Cambodia opening its doors to investment

With GDP growth averaging around 9% for the past decade, Cambodia is certainly attracting interest from potential investors. It has possibly the most investor-friendly environment in Asean with no exchange controls, no restrictions on repatriation of profit, and no discrimination between foreign and local investors. Moreover, ...

http://www.bangkokpost.com/business/economics/311715/cambodia-opening-its-doors-to-investment

MP urges government to scrap Koh Kong dam project

A dam project set to flood thousands of hectares of protected forest and displace about 1,500 indigenous minority villagers in one of Koh Kong province’s most precious ecosystems should be scrapped, opposition Sam Rainsy Party MP Son Chhay said yesterday. The 109-megawatt dam project in the ...

http://www.phnompenhpost.com/index.php/2012042055676/National-news/dont-dam-minority-mp-says.html

'Ransomed' workers returned to Cambodia

All but three of a group of 20 Cambodians who were held against their will on a fishing boat in Thailand had returned after agreeing to pay a fee for “transportation”, a police official said yesterday. The men, believing they were heading to jobs in Koh ...

http://www.phnompenhpost.com/index.php/2012081658026/National-news/ransomed-workers-return-to-cambodia.html

Manulife enters Cambodia's burgeoning insurance market

Canadian insurance and financial services company Manulife Financial officially launched its Cambodian country office on June 28, one of several new players seeking to enter one of Southeast Asia’s still-untapped markets. Britain’s No.1 insurer Prudential said last week it had approval from the Cambodian government to open a wholly foreign-owned life insurance operation. Manulife, the world’s ...

http://www.etmcambodia.com/blog.php?article=508

Small concession in eviction fight

Authorities have partially backed down on an order forcing 196 residents in Phnom Penh’s Por Sen Chey district to move their homes, but refused to scrap the plan completely when confronted at Chaom Chao commune hall yesterday. Phuong Sopheap, one of about 20 residents that congregated ...

http://www.phnompenhpost.com/index.php/2012080857864/National-news/small-concession-in-eviction-fight.html

Strikes lead to cut in orders

Global brands Levi’s and Gap had slashed their orders from the Tai Yang and Camwell garment factories by 20 per cent, the factories’ boss said yesterday, amid the longest strike in the industry’s recent history. Tai Yang Enterprises manager Wu Minghuor said his company had shuttered ...

http://www.phnompenhpost.com/index.php/2012082458272/National-news/factory-strikes-lead-to-cut-in-orders.html

Cambodia's energy costs deter investors

Cambodia’s infrastructure is deterring highly anticipated investment into the production of raw materials to support its rapidly growing garment sector, experts say. While garment exports rose 10.2 per cent to $5.48 billion last year, the increase of raw materials imported to support this growth increased about ...

http://www.phnompenhpost.com/2013020761221/Business/cambodia-s-energy-costs-deter-investors.html

Vehicle Imports up 45 pct in first half

Ministry of Commerce officials maintained that low import taxes and increased demand from consumers were the causes behind the 45.26 increase in vehicle imports in the first half of 2012 compared to the same period last year. The data showed 486,827 vehicles, of all makes and ...

http://www.phnompenhpost.com/index.php/2012081057918/Business/vehicle-imports-up-45-pct-in-first-half.html

The Credit Bureau Cambodia at the five-month mark

Almost five months after the launch of the Credit Bureau Cambodia (CBC), experts agree that it has given financial institutions valuable new access to information about creditworthiness of potential borrowers, improving efficiency and loan quality. At the same time, there are still a few rough ...

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