Economy and commerce
Economic policy and administration
Thai tourism threatened by coup; effect on Cambodia uncertain
Thailand’s Tourism Ministry has been biting its nails since the country’s military declared a coup on Thursday and imposed a nighttime curfew, but a Cambodian official said Sunday that it is too soon to say whether the lock-down will have a knock-on effect on tourism ...
Simon Henderson and Hul Reaksmey
http://www.cambodiadaily.com/news/thai-tourism-threatened-by-coup-effect-on-cambodia-uncertain-59558/
Hun Sen returns from fruitful week in China
Prime Minster Hun Sen arrived back in Phnom Penh on Sunday after a weeklong visit to China for an international summit during which Chinese Premier Xi Jinping pledged $145 million in aid and soft loans to Cambodia. On Monday, AKP reported that China promised to ...
Phorn Bopha and Simon Henderson
http://www.cambodiadaily.com/news/hun-sen-returns-from-fruitful-week-in-china-59560/
Tourism campaign to counter unrest
The Ministry of Tourism will hold an emergency meeting with industry leaders and representatives in Phnom Penh today to look at what can be done to curb the loss of cross-border visitors resulting from unrest in neighbouring countries. Minister Thong Khon yesterday emphasised the need for ...
Chan Muyhong
http://www.phnompenhpost.com/business/tourism-campaign-counter-unrest
Khiri Travel helps Cambodia’s Banteay Chhmar community with a new tourism product
Banteay Chhmar Community-Based Tourism project is a group of local villagers from the Banteay Chhmar community dedicated to preserving and protecting the cultural heritage of their local temple site. Khiri Travel is aiming to create a responsible tourism industry in the town of Banteay Chhmar. The CBT ...
Luc Citrinot
http://www.traveldailynews.asia/news/article/55650/khiri-travel-helps-cambodia-rsquo-s-banteay
Union leaders evade arrest, co-workers say
Two union leaders narrowly escaped arrest yesterday morning when employees on strike at a Phnom Penh garment factory forced their release from police and security guards, fellow union officials said. Seang Sambath, president of the Worker Friendship Union Federation, said WFUF vice president Mao Vannak and ...
Mom Kunthear and Alice Cuddy
http://www.phnompenhpost.com/national/union-leaders-evade-arrest-co-workers-say-0
Cambodia sees big jump in construction investment in first quarter
Cambodia’s construction sector received a total investment of 851 million U.S. dollars in the first three months of 2014, up 311 percent compared with 207 million U.S. dollars over the same period last year, the official figures showed Thursday. During the January-March period this year, the ...
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=219820
Temple to be restored
A stone wall from the Angkorian-era Banteay Chhmar temple that was damaged in a rainstorm last month will be repaired in July, an official said yesterday. Yang Tangkouy, a provincial official, said the Ministry of Culture and Fine Arts is cooperating with UNESCO on the restoration ...
Mom Kunthear
http://www.phnompenhpost.com/national/temple-be-restored
Union leader rejects video, photo evidence
During his second day under questioning on charges of inciting violence and property damage at a January 2 protest, union leader Vorn Pao was presented with photographs showing his tuk-tuk packed with rocks, and a video of him calling on low-ranking police to turn their ...
Eang Mengleng and Khy Sovuthy
http://www.cambodiadaily.com/news/union-leader-rejects-video-photo-evidence-59326/
Imports of petroleum on the rise last quarter
Cambodia’s petrol bill topped $440 million at the end of the first quarter, up 11 per cent from $397 million during the same period last year, according to data from the Ministry of Commerce. The data show Cambodia imported a total of 453,000 tonnes of petroleum ...
May Kunmakara
http://www.phnompenhpost.com/business/imports-petroleum-rise-last-quarter
Union leader details beating by soldiers
Taking the stand for the first time since his arrest at a garment worker protest that turned violent in early January, union leader Vorn Pao told the Phnom Penh Municipal Court on Tuesday that he went to the protest only to make peace and was ...
Eang Mengleng and Khy Sovuthy
http://www.cambodiadaily.com/news/union-leader-details-beating-by-soldiers-59221/
Acleda joins WEF growth club
Cambodia’s largest financial institution, Acleda Bank, has been adopted into the World Economic Forum’s group of Global Growth Companies (GGC), an exclusive club made up of some of the world’s fastest-growing medium-size firms. The WEF yesterday announced that 20 companies from the Asia-Pacific region had been ...
Eddie Morton
http://www.phnompenhpost.com/business/acleda-joins-wef-growth-club
Exports to Japan see a big jump
Cambodia’s exports to Japan increased sharply by 39 per cent over the first three months of 2014 compared to the same period last year, according to data from the Japan External Trade Organization (JETRO). Total exports reached more than $178 million at the end of March, ...
May Kunmakara
http://www.phnompenhpost.com/business/exports-japan-see-big-jump
Chong villagers block Chinese engineers from reaching dam
A group of 20 ethnic minority Chong villagers in Koh Kong province’s Areng Valley blocked the road Friday to prevent a group of Chinese engineers from reaching the site of a controversial proposed dam. A number of Chong villagers have been intermittently camping near the road ...
Khuon Narim
http://www.cambodiadaily.com/news/chong-villagers-block-chinese-engineers-from-reaching-dam-58944/
Exports expand: HK the new market for organic rice
In a first for the Kingdom’s organic rice, the Cambodian Center for Study and Development in Agriculture (CEDAC), successfully exported its produce to Hong Kong earlier this month, the organisation’s top official confirmed yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/exports-expand-hk-new-market-organic-rice
Oz an example for mining reform
Inspired by Australian mining regulations, the Cambodian government is considering a raft of changes to the mineral resources mining law, including a rethink of the sector’s comparatively high tax rate. Citing discussions held with Western Australia state mining industry representatives last week, Meng Saktheara, secretary of ...
Eddie Morton
http://www.phnompenhpost.com/business/oz-example-mining-reform
Rubber prices tumble as industry panics
Cambodia’s steadily declining rubber prices have hit critically low levels that are destined to only get worse as Thailand prepares to offload huge rubber stocks, the secretary-general of the Association for Rubber Development of Cambodia said Thursday. As the price of natural rubber has paralleled a ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/rubber-prices-tumble-as-industry-panics-58889/
17 families reject payout from minister’s wife
A special committee set up in March to settle a long-running land dispute between 52 families in Kompong Chhnang province and the wife of Mines and Energy Minister Suy Sem has finished its work, leaving 17 families without a deal. Deputy provincial governor Dork Sothea, who ...
Kuch Naren
http://www.cambodiadaily.com/news/17-families-reject-payout-from-ministers-wife-58741/
As free man, Polonsky plans tourism mecca
Sergei Polonsky, a Russian fugitive and former billionaire real estate magnate who was recently released from prison in Cambodia, has grand plans for a string of islands off the coast of Sihanoukville. Less than a month after the Supreme Court refused to extradite him to Russia ...
Joshua Wilwohl
http://www.cambodiadaily.com/news/as-free-man-polonsky-plans-tourism-mecca-58726/
Cambodia exports to US rise by over 10 pct
Driven by a slowly recovering American economy, Cambodian exports to the US increased 11 per cent in the first quarter of 2014 compared with the same period last year, according to the latest US government data. Cambodian exports from January to March totalled $771 million, up ...
Eddie Morton
http://www.phnompenhpost.com/business/cambodia-exports-us-rise-over-10-pct
Hun Sen to visit China next week
Prime Minister Hun Sen will lead Cambodian delegation to attend the 4th Summit of Conference on Interaction and Confidence Building Measures in Asia (CIAC) in China next week, according to Ministry of Foreign Affairs and International Cooperation. The delegation companying Hun Sen will ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=ODExYWI3MDRkMWN
Caltex loosing hundreds of thousands of dollars, striking workers say
Chevron’s Caltex gas stations are potentially losing hundreds of thousands of dollars per day in Cambodia, striking employees say. Workers say Caltex, a subsidiary of US-based multinational Chevron, sells between 5,000 to 10,000 liters per station per day, putting its losses between $350,000 to $700,000 ...
Khoun Theara,
http://www.voacambodia.com/content/caltex-loosing-hundreds-of-thousands-of-dollars-striking-workers-say/1914429.html
Strike by Cambodian Caltex staff enters 3rd day after wage talks fail
Cambodian workers for the U.S.- owned Caltex petrol stations in Phnom Penh continued their strike for higher wages Wednesday after wage negotiations late Tuesday failed to reach any agreement. Strike leader Sar Mora, president of the Cambodian Food and Service Workers Federation, said some 300 Caltex ...
Xinhuanet News
http://news.xinhuanet.com/english/world/2014-05/14/c_133332966.htm
Baby formula brands place profit above health
Dara Raksmey, the owner of a pharmacy of the same name on Phnom Penh’s Street 294, keeps a record of every can of Dumex baby formula she sells. “If you buy six large cans you get a scooter and if you buy 12 large cans you ...
Ouch Sony and George Wright
http://www.cambodiadaily.com/news/baby-formula-brands-place-profit-above-health-58635/
After strong start, city bus’ future unclear
After a monthlong test run saw 10 buses often filled with passengers, a Chinese-owned company promised in early March to inject millions into the project and add hundreds of new buses. But Global Trade Development left the project last month after the municipality refused to grant ...
Hul Reaksmey and Simon Henderson
http://www.cambodiadaily.com/news/after-strong-start-city-bus-future-unclear-58640/