Jimei Intl Cambodia plan likely in Sihanoukville: analyst
The ‘entertainment resort’ that Hong Kong-listed casino junket investor Jimei International Entertainment Group Ltd wants to develop in Cambodia is likely to be located in the coastal resort town of Sihanoukville (pictured), on the Gulf of Thailand, says Union Gaming Securities Asia Ltd. ...
Newsdesk
http://www.ggrasia.com/jimei-intl-cambodia-plan-likely-in-sihanoukville-analyst/
Cambodian artists and filmmakers urge the government to prevent foreign dramas
A group of Cambodian artists and filmmakers requested the government to take action on the foreign dramas. Cambodia has lost some $6 million annually to buy foreign programs or dramas from Korea, Thailand, China, Hong Kong, and the Philippines. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/cambodian-artists-and-filmmakers-urge-the-government-to-prevent-foreign-dramas-8880
Cambodian Exports to EU See Rapid Growth in 2012
Cambodia’s exports to the European Union (E.U.) grew to $2.32 billion in 2012, a 23 percent increase compared to the previous year, according to the E.U.’s latest trade figures. The figures, released this week by the European Commission’s trade office, testify to the region’s growing role ...
http://www.cambodiadaily.com/news/cambodian-exports-to-eu-see-rapid-growth-in-2012-18329/
GSP exemption pitched
A roadshow to Hong Kong this week to pitch Cambodia’s newly received duty-free access on travel goods to the US market was successful, but manufacturers have yet to sign concrete deals to establish new production lines here, a delegate of the returning business mission said. ...
Hor Kimsay
http://www.phnompenhpost.com/business/gsp-exemption-pitched
Cambodia, Thailand Will Likely Resume Talks on Offshore Oil and Gas
Cambodia’s and Thailand’s governments will likely resume negotiations on offshore drilling for oil and gas which will bring mutual benefits of the area of overlapping maritime claims after Cambodia gave the green light for issues before the visit of new Thai foreign minister Surapong Tovichakchaikul ...
Chinese Mining Firm Plans Siem Reap Extraction
A Chinese conglomerate headed by an adviser to Senate President Chea Sim plans to begin extracting gold and copper in Siem Reap province in two months, the firm’s chairman said yesterday. Khmer Holding, a group of companies that claims vast mineral interests in Cambodia, opened an ...
Cambodia’s Economic Challenge
Even as the skyline of Phnom Penh grows with the symbols of modern architecture, Cambodia’s economy still faces a host of challenges. On the surface, Cambodia’s economy is certainly improving. In September, the IMF raised its 2012 GDP growth forecast from 6.3 to 6.5 percent ...
http://thediplomat.com/2013/01/03/cambodias-failed-trickle-down-economy/
Myanmar’s siren song
Unions and labour rights groups have spent recent months unashamedly drilling home a stark reminder: Cambodia’s minimum garment wage, at $61 per month, compares poorly with those in Thailand – where workers earn more than $200 a month – and Vietnam, which has a base ...
http://www.phnompenhpost.com/2013031861998/National/myanmar-s-siren-song.html
The scramble to Siem Reap
As Cambodia’s busy tourism season approaches, domestic and regional airlines are scrambling to offer Siem Reap routes in a bid to capitalise on the growing number of visitors to the Angkor Wat gateway. In the past several months, players have entered the fray at a ...
Microlender in monster deal
Hong Kong financial giant The Bank of East Asia and Sri Lanka’s LOLC announced on Friday that they have jointly acquired a majority stake in Prasac Microfinance, Cambodia’s largest microfinance institution (MFI) by assets, in what could be the largest acquisition of a Cambodian lender ...
Kali Kotoski
http://www.phnompenhpost.com/business/microlender-monster-deal
Plaza extends network to Cambodia
Hong Kong-based company Plaza Premium Lounge Management Limited (Plaza Premium), will design and operate airports lounges at the newly built terminal extensions of Phnom Penh and Siem Reap international airports. Both terminals will be fully operational next year. ...
Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2015/03/plaza-extends-network-to-cambodia/
Burger King to Open at Phnom Penh Airport
U.S. fast-food chain Burger King is set to open its first restaurant in Cambodia next month, an official confirmed yesterday. Advertisements have gone up at the Phnom Penh International Airport bearing the famous Burger King logo, with a message saying that the chain is “Coming soon.” ...
http://www.cambodiadaily.com/business/burger-king-to-open-at-phnom-penh-airport-8309/
Timbergreen official questioned in Chut Wutty shooting
The “company” that military police have declined to identify but said sent staff to confront activist Chut Wutty shortly before he was shot last Thursday is Timbergreen, a firm the slain activist had attempted to expose for illegal logging. Documents obtained by the Post yesterday and sources have ...
http://www.phnompenhpost.com/index.php/2012050355957/National-news/company-man-arrested.html
Myanmar Airways flights to Cambodia to take off again
Myanmar Airways International (MAI) will resume its regular flights between Yangon and Cambodia’s two main international airports in early December after they were suspended for about three months. MAI started a twice-weekly schedule to Siem Reap in late February, but suspended the route over the last ...
More Than 1,000 Faintings Reported in Cambodian Factories This Year
The faintings between January and August were much higher than the 802 reported in the whole of last year, while only one factory worker died in the workplace in 2013, the Free Trade Union of Workers of the Kingdom of Cambodia (FTUWKC) said in a ...
Joshua Lipes
http://www.rfa.org/english/news/cambodia/faintings-08212014140815.html
Unions say gov’t blocking branch registrations
In March, the Ministry of Labor for the first time began requiring union leaders to submit proof they had no previous criminal convictions before they would be allowed to register a new union or local branch. Now, the country’s leading unions say worker representatives are struggling ...
Mech Dara
http://www.cambodiadaily.com/news/unions-say-govt-blocking-branch-registrations-66958/
Factory worker wages to be re-examined
Amid threats of another mass strike in the thriving garment sector, the Ministry of Social Affairs has called a meeting with the industry’s leading players to discuss union demands for a $150-per-month minimum wage, a letter obtained yesterday reveals. At the behest of Prime Minister Hun ...
http://www.phnompenhpost.com/2013010260589/National/factory-worker-wages-to-be-re-examined.html
Shuttered schools, factories
With only about 10 per cent of its 1,000-person workforce at their stations by 8am yesterday, management at Hoyear (Cambodia) Garment Ltd cut its losses and announced that the factory would close for the next two days. Thousands across the capital opted out of work ...
Sean Teehan, Laignee Barron and Mom Kunthear
http://www.phnompenhpost.com/national/shuttered-schools-factories
SR airport lounge to be ready by next month
Plaza Premium Group, the Hong Kong-based company that opened its first lounge in Cambodia at Phnom Penh International Airport last month, will open its second lounge in Siem Reap airport by the end of next month, according to the firm that manages the Kingdom’s three ...
Ayanna Runcie
http://www.phnompenhpost.com/business/sr-airport-lounge-be-ready-next-month
Ponzi scheme victims petition prime minister for intervention
Furious investors who claim they were cheated out of thousands of dollars by a now defunct financial firm that directed them to buy stock in a Hong Kong-based ponzi scheme set up camp in front of Prime Minister Hun Sen’s house on Thursday, imploring him ...
Khuon Narim
https://www.cambodiadaily.com/news/ponzi-scheme-victims-petition-prime-minister-for-intervention-112235/