Economy and commerce

Strike for a song: Employees ‘waste time on phones’

About 500 garment workers whose bosses have complained that they spend too much of their working day talking on the phone and listening to music protested outside their Kampong Speu factory yesterday, demanding better working conditions. ...

Pech Sotheary
http://www.phnompenhpost.com/national/strike-song-employees-%E2%80%98waste-time-phones%E2%80%99

Cambodia is perfectly positioned to become a solar powerhouse

Phnom Penh’s first solar-powered building looks for all the world like a cube of colored Lego blocks dropped in a factory lot on the city’s industrial outskirts. Covered in some 1,350 solar panels — including large panes of multi-colored solar glass — the three-story building ...

Sarah Goodyear
http://nextcity.org/daily/entry/water-war-weapon-syria-cities

Vietnam island airport opens flights to Singapore, Cambodia

Vietnam Airlines will launch new international routes on November 1, connecting the Kien Giang Province’s Phu Quoc airport to Singapore and Cambodia. The Phu Quoc – Singapore route will carry two flights a week and the Phu Quoc – Siem Riep route will carry three flights ...

Thanh Nien Daily News Staff
https://www.google.com.kh/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=+Cambodia&tbm=nws

Sorya back at negotiating table

Former staffers of Phnom Penh Sorya Transportation will meet with a company representative tomorrow to demand reinstatement after more than two weeks of the firm’s continued refusal to comply with a decision by the Arbitration Council, they and the bus operator said yesterday. According to Yim ...

Pech Sotheary
http://www.phnompenhpost.com/national/sorya-back-negotiating-table

Raid of illegal gaming sites snares seven

Police in Phnom Penh’s Daun Penh district took part in a sting target took part in a sting targeting illegal computer gaming locations yesterday, arresting seven people and seizing 71 illicit machines across three locations in Phsar Thmey III village. ...

Kim Sarom
http://phnompenhpost.com

Italy demands ‘fairer’ rice deal

Italy has demanded that the European Union restrict Cambodia’s duty-free import status, as concerns over the survival of that country’s rice sector appear to be reaching a fever pitch. According to rice industry website Oryza, the Italian government has officially submitted a request to the EU ...

Eddie Morton
http://www.phnompenhpost.com/business/italy-demands-%E2%80%98fairer%E2%80%99-rice-deal

TAITRA reiterates Phnom Penh trade center approved

The Taiwan External Trade Development Council (TAITRA) yesterday insisted it has received the green light from the Cambodian government to open a Taiwan trade center in Phnom Penh. TAITRA, a non-profit trade promotion organization affiliated with the Ministry of Economic Affairs, made the remarks in response ...

Shih Hsiu-chuan
http://www.taipeitimes.com/News/taiwan/archives/2014/07/20/2003595537

Cambodia sees 16 pct rise in garment, footwear exports in 6 months

Garment and footwear industry, Cambodia’s largest income earner, saw a 16 percent increase in exports in the first six months of 2014, according to a commerce ministry’s report on Sunday. The country exported apparel and footwear products worth 2.92 billion U.S. dollars during the January-June period ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-07/20/c_133497592.htm

Cambodia denies allowing China's Taiwan to open representative office

Cambodia on Friday afternoon issued a statement to reject a news report that the country had given approval to China’s Taiwan to open a trade center in its territory. According to the statement posted on its website, the Cambodian Ministry of Foreign Affairs and International Cooperation ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-07/18/c_133494396.htm

Apple to officially sell iPhones in Cambodia

Apple Inc. on Friday will officially launch the iPhone in Cambodia through its authorized reseller, iOne, giving customers—long used to gray market iPhones—access to Apple’s warranty. “The sales launch will be July 18. iOne, which has the monopoly right to import Apple’s products to Cambodia’s market ...

Hul Reaksmey and Joshua Wilwohl
http://www.cambodiadaily.com/business/apple-to-officially-sell-iphones-in-cambodia-64448/

Employers snub talks over wages

Management at Ocean Garment factory yesterday flouted a Ministry of Labour invitation to sit at the negotiating table with employees protesting the factory’s refusal to abide by an Arbitration Council decision in their favour. ...

Mom Kunthear
http://www.phnompenhpost.com/national/employers-snub-talks-over-wages

Taiwan gets green light to open trade center in Cambodia

The nation has received approval from the Cambodian government to open a trade center in Phnom Penh, the semi-official Taiwan External Trade Development Council (TAITRA) said. The center, which is expected to be officially opened next month at the earliest, will raise the number of the ...

Taipei Times News Staff
http://www.taipeitimes.com/News/taiwan/archives/2014/07/17/2003595311

Firm’s Split From Boeng Kak Project Confirmed

The Chinese firm that was financially backing an ambitious project to develop Phnom Penh’s Boeng Kak neighborhood has pulled out, Chinese Embassy and company officials have confirmed, and no other investor appears to have taken its place. That makes the Erdos Hongjun Investment Corporation at least ...

Zsombor Peter and Aun Pheap
http://www.cambodiadaily.com/news/firms-split-from-boeng-kak-project-confirmed-64318/

Cambodian FM hails China's development

Cambodian Deputy Prime Minister and Foreign Minister Hor Namhong on Wednesday praised China for its rapid development in all fields, particularly in the economic front. “China’s fast development, especially in the economic sector, is due to the right and wise leadership of the current Chinese government,” ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-07/16/c_133489111.htm

Cambodia sees 1.41 bln USD trade deficit in 1st half of 2014

Cambodia has seen a trade deficit of 1.41 billion U.S. dollars in the first six months of this year, the latest report of the Ministry of Commerce showed Monday. Total trade volume reached 8.95 billion dollars during the January-June period this year, an increase of 17 ...

Asean-China-Center News Staff
http://www.asean-china-center.org/english/2014-07/15/c_133484829.htm

Remittances dip on exodus

Two of Cambodia’s largest financial service providers have reported declines in transactions stemming from key Thai border provinces as thousands of undocumented migrant workers continue to exit the neighbouring country. Third-party payments and remittance service Wing has seen a 3 per cent decline in the amount ...

Eddie Morton
http://www.phnompenhpost.com/business/remittances-dip-exodus

Australians donate to school linked to sex abuse claims

Australians are among donors to a school charity in Cambodia where the director has been charged with arranging for foreign volunteers to sexually abuse teenage students. The scandal has focused new attention on the management of Cambodia’s orphanages and children’s charities and the deception used by ...

Lindsay Murdoch
http://www.smh.com.au/national/australians-donate-to-school-linked-to-sex-abuse-claims-20140713-zt63b.html#ixzz37P4WG85n

New Association seeks to improve rice market

Cambodian farmers are looking toward a new organization to help them get the best prices for their rice, but many are skeptical disparities between farmers and traders can be overcome. The Cambodian Rice Federation was started in May, bringing together disparate companies, associations and farmers in ...

Suy Heimkhemra
http://www.voacambodia.com/content/new-association-seeks-to-improve-rice-market/1957023.html

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