Economy and commerce

About 30 workers faint

About 30 workers at Ghin Yi factory fainted on Monday noon after learning that their colleague fainted at the factory in Chamkar Svay commune of Samaki Meanchey district of Kampong Chhnang province. ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=15&token=ZWMxNDI0MDEzYjE

Cambodia relies on ASEAN

Cambodia Association of Travel Agents says good connections and airline service from other ASEAN member countries will be the main driver to push tourism forward. The association president, Ang Kim Eang, said the increase in ASEAN travellers to Cambodia was driven by an expansion of direct ...

Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/06/cambodia-relies-on-asean/

Marubeni powers into Cambodia

Marubeni Corp. said Monday that it would acquire a 20 percent stake in a Cambodia-based electricity generation and transmission business owned and operated by Malaysia’s Leader Group, marking Japan’s first foray into Cambodia’s power market. Leader Infrastructure Ltd. operates two 50 megawatt coal-fired power stations in ...

Kyodo News Staff
http://www.japantimes.co.jp/news/2014/06/02/business/marubeni-powers-into-cambodia/#.U4128fmSx8F

Bordering on despair

In the wake of last month’s Thai military coup, an uneasy quiet has fallen over official checkpoints in Oddar Meanchey province, leading many on this side of the border to fear for their livelihoods. Sitting on a motorbike in the queue for O’Smach international border checkpoint ...

May Titthara
http://www.phnompenhpost.com/national/bordering-despair

Dredging for development

With some people eating lunch off a tablecloth on the ground as children played in the distance, the scene in a small village in Phnom Penh’s Russey Keo district yesterday afternoon looked somewhat like a picnic. But villagers had gathered there, a few metres from a ...

Khouth Sophak Chakrya and Sean Teehan
http://www.phnompenhpost.com/national/dredging-development

Cambodia needs 26.5 bln USD for next five-year development plan

The Cambodian Council of Ministers on Friday approved a five-year development strategic plan (2014-2018), which needs financial resources of 26.5 billion U.S. dollars to achieve the target, according to a news statement released after a weekly cabinet meeting. The plan is designed to develop infrastructure, ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-05/30/c_133374027.htm

Gov’t orders halt to Koh Pich expansion

The owner and developer of Koh Pich in Phnom Penh has been ordered by the government to scale back its expansion of the island, according to the Ministry of Water Resources and Meteorology. According to a statement posted to the ministry’s website on Wednesday, the Overseas ...

Mech Dara
http://www.cambodiadaily.com/news/govt-orders-halt-to-koh-pich-expansion-60029/

As verdicts loom in 25 protest related cases, acquittals sought

Verdicts will be handed down Friday in two garment protest-related cases that rights groups say were built on a weak body of evidence. The two cases occurred months apart but followed a similar narrative: Garment workers fed up with their calls for a higher monthly minimum ...

Lauren Crothers
http://www.cambodiadaily.com/news/as-verdicts-loom-in-25-protest-related-cases-acquittals-sought-60056/

Monks protest over institute

A group of about 100 people, including 50 or so monks, attempted to march yesterday to protest outside Phnom Penh’s Buddhist Institute, but were thwarted by droves of military police and district security guards on Sisowath Quay. No violence occurred as Independent Monk Network leader But ...

Chhay Channyda
http://www.phnompenhpost.com/national/monks-protest-over-institute

Company digs trench around family’s home

Hang Chantha watched in horror last weekend as a private company battling to take her land dug a four-meter-deep trench around the perimeter of her home. “After the company dug, I could not sleep at night; I was afraid my house would fall,” she recounted Thursday, ...

Ben Sokhean and Alex Consiglio
http://www.cambodiadaily.com/news/company-digs-trench-around-familys-home-60031/

Cross at your own risk

Since he began making the perilous journey to Thailand to log rosewood 10 years ago, Sao Sophon* has had plenty of time to calculate the cost of dying. “When we cross the border to Thailand, our lives are equal to $80 or $90, because that is ...

May Titthara and Alice Cuddy
http://www.phnompenhpost.com/national/cross-your-own-risk

Rice industry caught in flux

The rice industry’s quest for greater quality at lower cost reached a dead end yesterday at a conference in Phnom Penh, with exporters and farmers polarised on how to achieve greater returns for the industry. The workshop, titled “Improving Rice Value Chain and Enhancing Farmers’ Livelihoods”, ...

Chan Muyhong
http://www.phnompenhpost.com/business/rice-industry-caught-flux

Boy caught up in protests faces 11 years in jail

As several hundred garment workers from the SL Garment factory pelted police with rocks during a protest near the Stung Meanchey pagoda in November, Men Sok Sambath, a 14-year-old scrap collector, decided to join the crowd. “I saw other people throwing rocks at the [police] truck, ...

Mech Dara and George Wright
http://www.cambodiadaily.com/news/boy-caught-up-in-protests-faces-11-years-in-jail-59934/

Rice exports to Thailand dive

Rice exports to Thailand plummeted in the first four months of the year as a result of that country’s surplus, which reached record levels at the end of 2013. Between January and April, Cambodia exported just 1,550 tonnes of rice to Thailand, down 89 per cent ...

Chan Muyhong
http://www.phnompenhpost.com/business/rice-exports-thailand-dive

Borey River Town developer eyes second, $100 million property investment

Following the success of Borey River Town, the investor behind it has announced plans to inject $100 million into developing a new project. General manager Teng Rith says that construction of Borey River Town is now 50 per cent complete, with some 80 per cent of ...

Siv Meng
http://www.phnompenhpost.com/real-estate/borey-river-town-developer-eyes-second-100-million-property-investment

Vendors hit as price of Thai durian imports rise

The price of durian from Thailand has risen sharply this year, leading to shrinking profits for fruit vendors in Phnom Penh as demand from China for the spiky, pungent fruit grows more robust. On Sihanouk Boulevard, fruit vendor Heng Sovanna said that since March, the price ...

Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/vendors-hit-as-price-of-thai-durian-imports-rise-59964/

De Castle Royal partners with The Place for first-class gym workout

The management of the 32-storey De Castle Royal condominium project in BKK1 has announced that the The Place, widely regarded as Phnom Penh’s only independent five-star gym, will manage the development’s fitness centre. This means the air-conditioned De Castle Royal gym will be fully fitted out ...

Post Staff
http://www.phnompenhpost.com/real-estate/de-castle-royal-partners-place-first-class-gym-workout

Grand Twins again delays bourse listing

Grand Twins International (Cambodia) Co. Ltd., a Phnom Penh-based manufacturer of clothes for U.S. athletic brands, has again delayed its listing on the Cambodia Securities Exchange (CSX), officials said Wednesday. The company was expected to list Thursday, but technical problems prevented it from doing so, according ...

Hul Reaksmey
http://www.cambodiadaily.com/business/grand-twins-again-delays-bourse-listing-59958/

Electronics workers call for child care

About 700 workers at a Svay Rieng province electronics factory were to demonstrate for the third day today after management refused their demands for access to child care and the reinstatement of five union leaders. The provincial department of labour yesterday proved unable to sway management ...

Chhay Channyda
http://www.phnompenhpost.com/national/electronics-workers-call-child-care

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