Economy and commerce

Economic policy and administration

EU trade commissioner visits Cambodia to boost ties

The European Union (EU) Trade Commissioner Karel De Gucht started his visit to Cambodia on Tuesday to bolster bilateral trade link. De Gucht held talks with his Cambodian counterpart Sun Chanthol and both sides agreed to further promote bilateral trade relations for mutual benefits, Ken Ratha, ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-03/18/c_133195945.htm

Viriyah firm plans move in Cambodia

Thailand’s Viriyah Insurance, one of the biggest firms of its kind in the country, is seeking to expand its motor vehicle business in Southeast Asia, according to a report yesterday in the Bangkok Post. ...

Chan Muy Hong
http://www.phnompenhpost.com/business/viriyah-firm-plans-move-cambodia

Exports of bicycles to dip in 2014

Cambodia’s bicycle exports to the European Union are expected to decline this year after changes to EU trade preferences in early January excluded Malaysian and Singaporean parts from the scheme. Under EU preferences, a bicycle is considered a Cambodian product when at least 30 per cent ...

Hor Kimsay
http://www.phnompenhpost.com/business/exports-bicycles-dip-2014

Porsche dealership to open

The newly appointed local distributor of German carmaker Porsche broke ground yesterday on a $2 million dealership that is set to open within eight months across from the Phnom Penh International Airport on Russian Boulevard. Equipped with four service bays, the planned Porsche Centre Phnom Penh ...

Eddie Morton
http://www.phnompenhpost.com/business/porsche-dealership-open

Workers demand bonus increase, labor laws

About 7,000 workers protested in front of the Wing Star Shoes Co. Ltd. factory in Kompong Speu province on Monday, demanding that the company raise their bonuses by $5 and properly enforce a number of labor laws, a union official said. The strike comes ten months ...

Aun Pheap
http://www.cambodiadaily.com/news/workers-demand-bonus-increase-labor-laws-54431/

Union representatives file complaint against leaders over pilfering

Two union organizers have filed a complaint with the Phnom Penh Municipal Court claiming that the senior leaders of the Coalition of Cambodian Apparel Workers Democratic Union (CCAWDU) have embezzled money that was meant to be paid to workers in compensation following a dispute with ...

Mech Dara
http://www.cambodiadaily.com/news/union-representatives-file-complaint-against-leaders-over-pilfering-54285/

Businesses need help fighting corruption: CAMFEBA

Corruption is weighing on businesses, and the avenues to address it are limited, according to Cambodia’s leading employer association. At a joint conference with the International Labour Organization (ILO) and the Cambodian Federation of Employers (CAMFEBA) in Phnom Penh yesterday, the employer representative called on the ...

Daniel de Carteret
http://www.phnompenhpost.com/business/businesses-need-help-fighting-corruption-camfeba

Workers’ strike delayed, rescheduled for post-Khmer New Year

Labor unions and associations have suspended their strike plan scheduled for March 12 following the request by garment workers, according to a union leader. The suspension came after the meeting between the union leaders from a coalition of 18 labor unions and associations today. The unionists ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NmU5MTVjY2ExZTQ

Cambodia garment sector has Asia's highest rate of unionization

Cambodia’s garment sector has the highest rate of unionization of any industry in Asia, Cambodia Federation of Employers and Business Associations Van Sou Leng said Tuesday. “Major efforts are needed to improve the quality of workplace relations,” Van said in a statement posted on the Camfeba ...

The Cambodia Herald
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NDA0NmM5MWU5YjN

Firm begins process to determine IPO share price

Grand Twins International (Cambodia) Plc., a manufacturer of clothes for U.S. athletic brands, on Monday will begin recording investor demands to determine the price for an initial public offering (IPO) as part of the last steps to list on the Cambodian Stock Exchange (CSX), though ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/firm-begins-process-to-determine-ipo-share-price-53869/

Pestech bags RM282m contract in Cambodia

Integrated electric power technology provider Pestech International Bhd has bagged a contract worth US$86.065 million (RM282 million), to construct a 198km transmission line for the transmission of power from existing and future power plants in the Sihanoukville area to Phnom Penh City, Cambodia. Pestech’s wholly-owned Cambodian ...

The Sun Daily News Staff
http://www.thesundaily.my/news/981297

Dreamworld operator sees revenue drop

Entertainment Gaming Asia (EGA), which operates casinos and slot machines in Cambodia and the Philippines, recorded a 9 percent drop in revenue last year compared to 2012, from $26.8 million to $24.3 million, according to the company’s annual report. EGA operates casinos in Pailin and Poipet ...

Simon Henderson
http://www.cambodiadaily.com/business/dreamworld-operator-sees-revenue-drop-53867/

ILO, Camfeba outline ways to improve investment climate

The International Labor Organization said it would launch on Wednesday two reports outlining ways to improve the investment climate in Cambodia. The first report, by the ILO, analyses Cambodia’s performance in 17 areas and contains a national survey of workers and employers. Key areas include ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YzJiMjE2YzkzYTA

Lower Mekong fish production estimated to be worth up to $7 bln a year

Production from freshwater capture fisheries and aquaculture in the Lower Mekong Basin is estimated to be worth up to $7 billion a year, the Mekong River Commission says. The newsletter said total first-sale value was estimated at $3.9 to $7.0 billion per year. “Over the ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ODc4MWI3YWIwNDF#sthash.cv2zcyPP.Aswun6lj.dpuf

Cambodia Rice Federation (CRF) Launched to Help Nation Reach Annual Rice Export Target of One Million Tons by 2015

Cambodia officially announced the creation of the Cambodia Rice Federation (CRF) to improve competitiveness, promote trade, and increase investment in the rice sector, according to comments from the Prime Minister. Board elections are expected to take place Mrch 24 and the chairman is limited to ...

Oryza News Staff
http://oryza.com/news/rice-news/cambodia-rice-federation-crf-launched-help-nation-reach-annual-rice-export-target-one

Cambodia envoy lauds Clark airport growth

Cambodia Ambassador Tuot Panha said the viability of Clark International Airport will make it one of the progressive international gateways in the Philippines. The ambassador said she would like to see flights between Clark and Phnom Penh or Clark and Siem Reap, now one of the ...

Sun Star News Staff
http://www.sunstar.com.ph/pampanga/local-news/2014/03/09/cambodia-envoy-lauds-clark-airport-growth-332246

Royal Group denies report that Cellcard seeks investor

Royal Group executives, owners of Cambodia’s leading mobile phone operator Cellcard, vigorously denied the veracity of a London-based media report on Friday that claimed the phone company is looking for investors and wants to sell off its telecommunications towers because it is unable to raise ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/royal-group-denies-report-that-cellcard-seeks-investor-53741/

Registration of SMEs given to new Handicrafts Ministry

Prime Minister Hun Sen on Tuesday provided an indication of the role that will be played by the new Ministry of Industry and Handicrafts, which was created late last year, announcing it will hold the sole responsibility for registering small and medium enterprises (SMEs). The government ...

Hul Reaksmey and Alex​​ Devine
http://www.cambodiadaily.com/news/registration-of-smes-given-to-new-handicrafts-ministry-53683/

Contact us

Contact us

Do you have questions on the content published by Open Development Cambodia (ODC)? We will gladly help you.

Have you found a technical problem or issue on the Open Development Cambodia (ODC) website?

Tell us how we're doing.

Do you have resources that could help expand the Open Development Cambodia (ODC) website? We will review any map data, laws, articles, and documents that we do not yet have and see if we can implement them into our site. Please make sure the resources are in the public domain or fall under a Creative Commons license.

File was deleted
ERROR!

Disclaimer: Open Development Cambodia (ODC) will thoroughly review all submitted resources for integrity and relevancy before the resources are hosted. All hosted resources will be in the public domain, or licensed under Creative Commons. We thank you for your support.

sAXr3
* The idea box couldn't be blank! Something's gone wrong, Please Resubmit the form! Please add the code correctly​ first.

Thank you for taking the time to get in contact!