Cambodia grants mine exploratory licenses to 24 firms in 2011: gov't report
Cambodia’s Ministry of Industry, Mines and Energy had issued mineral resource exploratory licenses to 24 local and foreign companies in the past year. According to the annual report of the ministry’s mineral resources department released on Friday, the firms are mostly Cambodian-owned ones and those from ...
Xinhua
http://english.peopledaily.com.cn/90777/7753471.html
Premier orders review of marine dredging
Prime Minister Hun Sen has order a review of dredging operations and the impacts that they have on Cambodia’s islands and beaches. Freshwater dredging has also been ordered to go under review, with the Prime Minister calling for the Minister of Water Resources and Meteorology ...
China is top dam builder, going where others won't
Up a sweeping jungle valley in a remote corner of Cambodia, Chinese engineers and workers are raising a 100-meter- (330-foot-) high dam over the protests of villagers and activists. Only Chinese companies are willing to tame the Tatay and other rivers of Koh Kong province, ...
http://www.bellinghamherald.com/2012/12/18/2809176/china-is-top-dam-builder-going.html#storylink=rss
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 ...
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 ...
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, ...
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 ...
With Election on the Horizon, Politicians Defend Land Policies
Cambodian politicians have begun a public campaign to defend their records on land policies, as they prepare for the run-up to July elections. Politicians from the ruling Cambodian People’s Party, as well as the opposition Sam Rainsy and Human Rights parties, have said they will give ...
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 ...
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