Economy and commerce
Economic policy and administration
Hun Sen says investment in Cambodia increases sharply
Prime Minister Hun Sen on Monday said that the flow of investment in Cambodia increased sharply from USD2.9 billion in 2012 to USD4.9 billion in 2013. During the 4th Cambodia-Vietnam Conference on Investment Cooperation at Peace Palace, he said the Vietnamese investments also increased, from ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ODA4OGVlYjcxNmM
Construction investment notably increases in 2013
Construction investment in Cambodia in the past 11 months of 2013 was worth of USD 2.4 billion or 1526 projects, covering construction area of 7 million sq km, said The Ministry of Urbanization and Construction. The ministry added that compared with the same period of last ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NTEzNDI5N2YzMGE
Groups Demand Mandatory Minimum Wage, Threaten Protest
About 100 people, including 20 monks, held a ceremony in Phnom Penh on Friday in memory of the five people killed a week beforehand when military police opened fire on protesting garment workers, and demanded that the government introduce a mandatory, sector-wide standard minimum wage. In ...
Khy Sovuthy and Lauren Crothers
http://www.cambodiadaily.com/news/groups-demand-a-mandatory-minimum-wage-threaten-to-protest-50428/
Committees to ‘Research’ Minimum Wages, ‘Study’ Killings
Prime Minister Hun Sen on Friday assigned former Finance Minister Keat Chhon as the head of a newly formed committee tasked with researching the government’s capacity to introduce wage increases for civil servants and factory workers. The statement said that Mr. Hun Sen also spoke ...
Kuch Naren
http://www.cambodiadaily.com/news/committees-to-research-minimum-wages-study-killings-50431/
Japan Asked Government to Protect Its Interests During Strike
Japan has expressed its deep concern about the situation in Cambodia following the deadly crackdown on striking garment workers last Friday, and admitted Thursday that it had contacted the government during the protests to ask for protection of Japanese citizens and companies. Military police armed with ...
Simon Henderson
http://www.cambodiadaily.com/news/japan-asked-government-to-protect-its-interests-during-strike-50399/
Major Brands Concerned About Cambodia Violence
Major labels that have clothing manufactured in Cambodian factories have written an open letter expressing concern for the recent shootings of workers demonstrating for higher wages. Adidas, Gap, H&M, Levi’s and Puma were among those that signed the January 7 letter to the Phnom Penh government, ...
VOA News Staff
http://www.voanews.com/content/major-brands-express-concern-for-violence-against-striking-cambodians/1826132.html
UN wants probe into Cambodian violence
The UN human rights agency urged Cambodia to launch an investigation into the “disproportionate” use of force by security forces last week against garment factory workers striking over pay. Military police opened fire on workers protesting outside a factory in Phnom Penh on January 3 and ...
Peninsula On-line News Staff
http://thepeninsulaqatar.com/news/asia/267595/un-wants-probe-into-cambodian-violence
Cambodia collects tax of 881 million USD in 2013
The kingdom’s General Department of Taxation had collected 881 million U.S. dollars of taxes in 2013, up 19 percent from 740 million U.S. dollars in a year earlier, a press release said Thursday. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/09/c_133031865.htm
As Strikers Return to Work, Factories Sue Garment Unions
As garment workers continued to return to their factories Wednesday after several days of strikes that turned deadly last week, some of their employers have wasted no time in suing the unions behind the strikes, demanding compensation. Phnom Penh Municipal Court chief clerk Prak Savouth said ...
Aun Pheap and Zsombor Peter
http://www.cambodiadaily.com/news/as-strikers-return-to-work-factories-sue-garment-unions-50360/
Cambodia considering development of expressway to serve growing economy
Cambodia is considering the development of an expressway network to meet the need for the country’s growing economy, Minister of Public Works and Transport Tram Iv Tek said here Wednesday. The minister said many Asian countries, including neighboring Vietnam and Thailand, have formulated their national ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/08/c_133029001.htm
Cambodia's rice export up 84 pct in 2013
Cambodia had exported some 379, 000 tonnes of milled rice last year, up 84 percent from 205,700 tonnes recorded in 2012, government data showed Saturday. Some 84 companies have exported rice to 66 countries and regions around the world, the data said, adding that France, Poland, ...
Asean - China Centre News Staff
http://www.asean-china-center.org/english/2014-01/06/c_133021753.htm
Unions Tell Garment Workers to Suspend Strike
Unions behind last week’s garment factory strikes said their members had largely gone back to work this week, although they have not ruled out resuming protests for a higher minimum wage later this month. Tens of thousands of workers went on strike starting on December 24 ...
Aun Pheap
http://www.cambodiadaily.com/news/unions-tell-garment-workers-to-suspend-strike-50299/
Cambodia's industry loses 275 mln USD due to outlawed protests
Cambodia’s garment and shoe industry has lost roughly 275 million U.S. dollars due to outlawed garment strikes in the past two weeks, Van Sou Ieng, President of the Garment Manufacturers Association in Cambodia (GMAC), said Monday. The garment and shoe industry comprise more than 900 ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/06/c_133022880.htm
Cambodia's oil import down 2 pct in 2013
Cambodia imported 1.4 million tonnes of petroleum in the first eleven months of 2013, down 2 percent from the 1.43 million tonnes a year earlier, the data of the Commerce Ministry showed Sunday. During the January-November period, the country spent about 1. 34 billion U.S. dollars ...
Asean - China Centre News Staff
http://www.asean-china-center.org/english/2014-01/06/c_133021769.htm
GMAC Defends Use of Force Against Striking Workers
A senior member of the Garment Manufacturer’s Association in Cambodia (GMAC) on Sunday endorsed the use of deadly force by military police against striking garment workers, which left five dead and more than 20 with gunshot wounds. “GMAC condemns the use of violence, period,” he ...
Aun Pheap and Zsombor Peter
http://www.cambodiadaily.com/news/gmac-defends-use-of-force-against-striking-workers-50136/
Cambodia calls for calm as protests banned after deadly clash
The Cambodian Ministry of Interior on Saturday called for the people to stay calm as all forms of demonstrations were prohibited so as to restore social security and public order after a deadly clash on Friday. “The ministry urges all the people to keep calm and ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/04/c_133018723.htm
Cambodia says outlawed strikes adversely affect investment climate
Cambodian Ministry of Labor said Friday that outlawed strikes have frightened employers and worsened investment climate in the country. “The ministry calls for the (opposition) Cambodia National Rescue Party and six trade unions to immediately stop inciting workers to commit violence, road blockade, and destruction of ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/03/c_133017093.htm
US urges 'Restraint' in Cambodia after violence
The United States on Friday appealed for peaceful dialogue and denounced violence in Cambodia after police opened fire on protesting garment workers, killing three people. “The United States deeply regrets the recent loss of life in Cambodia during violent clashes between protesters and government security forces,” ...
AFP News Staff
http://www.google.com/hostednews/afp/article/ALeqM5iy83VmwV8EjDuptYbUme3o9-vdPw?docId=a4c09c59-b109-4dc0-9015-bbce4fa08a63
Cambodia’s GMAC says factory closures continue due to ongoing strikes
The Garment Manufacturers Association in Cambodia (GMAC) said Thursday most of its 559 factories would continue to be closed due to security concerns after six pro-opposition trade unions led striking workers to destroy factories’ properties and forced workers to join their protests. “Because of the current ...
NZ Week News Staff
http://www.nzweek.com/world/cambodias-gmac-says-factory-closures-continue-due-to-ongoing-strikes-107149/
China, Cambodia establish intergovernmental coordination committee
Chinese State Councilor Yang Jiechi and Cambodian Deputy Prime Minister and Foreign Minister Hor Namhong on Thursday co-chaired the first meeting of China-Cambodia Intergovernmental Coordination Committee in Beijing. During the meeting, the two sides achieved broad consensus on enhancing comprehensive strategic partnership of cooperation, said a ...
Ecns News Staff
http://www.ecns.cn/2014/01-03/95372.shtml
Fish exports up 10 per cent from 2012
Cambodia’s fish output rose 10 per cent in 2013 from a year earlier, according to figures from the Ministry of Agriculture, Forestry and Fisheries. Production reached 730,000 tonnes last year, Nao Thouk, director of the ministry’s fishery department, said yesterday. There were 550,000 tonnes of fresh ...
Hor Kimsay
http://www.phnompenhpost.com/business/fish-exports-10-cent-2012
Cambodia’s garments to ship piece by piece
Cambodia’s garment manufacturers might sell fabrics from unfinished clothing orders worth millions of dollars to factories offshore in a last-ditch attempt to meet looming buyer deadlines. The Garment Manufacturers Association in Cambodia (GMAC) issued a letter to the Cambodian government yesterday requesting it to “facilitate” exports ...
Eddie Morton and Hor Kimsay
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-garments-ship-piece-piece
Hitachi Sunway Making Inroads Into Cambodia
A Malaysia-Japan joint-venture company, Hitachi Sunway Information Systems Sdn Bhd, is making a foray into Cambodia after securing a deal with Aeon Co to supply point-of-sales (POS) systems to the Japanese retailer. The POS systems will be used to facilitate transactions for the tenants of the ...
Malaysian Digest News Staff
http://www.malaysiandigest.com/business/483263-hitachi-sunway-making-inroads-into-cambodia.html
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