Economy and commerce

Burger King chain to expand

Burger King will launch another three restaurants in Cambodia by the end of the year, according to a company official, in a move that will bolster the fast food chain’s share of a market dominated by KFC. Somach Sovary, support manager for Burger King Cambodia, said ...

Eddie Morton
http://www.phnompenhpost.com/business/burger-king-chain-expand

Sugar exports to stay duty free, EU trade czar says

European Union Trade Commissioner Karel de Gucht said he has no plans to launch an investigation into Cambodia’s much-criticized sugarcane plantations after a meeting with Commerce Minister Sun Chanthol in Phnom Penh on Tuesday. Bottom line: Cambodia’s free trade benefits to Europe are safe for ...

Zsombor Peter
http://www.cambodiadaily.com/news/sugar-exports-to-stay-duty-free-eu-trade-czar-says-54447/

City Mall DVD shops raided

Police raided four shops in Phnom Penh’s City Mall yesterday for allegedly selling pirated movies, a move that came a week after mall DVD vendors shut up shop to avoid a planned raid, the details of which were leaked beforehand. Officers conducted yesterday’s raid accompanied ...

Sen David
http://www.phnompenhpost.com/national/city-mall-dvd-shops-raided

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

Courage needed to fight corruption, advocate says

Cambodians need to be more courageous in challenging endemic corruption, a development expert says. Preap Kol, head of Transparency International Cambodia, told “Hello VOA” last week that the more people challenge corruption, the more likely it is they will free themselves from it. Cambodia remains one ...

Say Mony
http://www.voacambodia.com/content/courage-needed-to-fight-corruption-advocate-says/1873715.html

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

Standoff in Areng Valley continues

Seven Chinese nationals were prevented from entering the Areng Valley in Koh Kong province yesterday as locals continued their standoff with the operator of the Stung Cheay Areng dam concession, villagers at the scene said. Ven Vorn, a community leader among those blocking a road used ...

Phak Seangly and Daniel Pye
http://www.phnompenhpost.com/national/standoff-areng-valley-continues

Kreung protest for release of charged arsonist

Dozens of ethnic minority Kreung villagers protested outside the Ratanakkiri Provincial Court on Monday, demanding the release of a fellow Kreung man presently in pretrial detention for setting fire to a pile of wood on land the community sold in 2007 but claims it was ...

Aun Pheap
http://www.cambodiadaily.com/news/kreung-protest-for-release-of-charged-arsonist-54429/

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/

Sugar on EU visit’s agenda

European Union Trade Commissioner Karel de Gucht will visit Cambodia this week, the European Commission announced, with rights groups hoping that land grabbing related to sugar plantations will be high on the agenda. Following bilateral meetings in Brussels last week between Cambodia and the EU during ...

Kevin Ponniah and Vong Sokheng
http://www.phnompenhpost.com/national/sugar-eu-visit%E2%80%99s-agenda

Vendors fight for right to stay put

Food vendors at Phnom Penh’s O’Russey Market have fought and won a battle against eviction. On Friday, about 80 vendors, including some who have sold food at the market since 1997, were told to clear out of what has become a heavily congested parking lot outside ...

Chhay Channyda
http://www.phnompenhpost.com/national/vendors-fight-right-stay-put

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/

Bitcoin enthusiast eyes Cambodia

Local entrepreneur Ki Chong Tran believes he has the solution to many of Cambodia’s problems. On March 1, Tran submitted what he described as a “long-held weight off his chest” – a six-page proposal to the New York-based Bitcoin Foundation outlining all the ways the ...

Eddie Morton
http://www.phnompenhpost.com/business/bitcoin-enthusiast-eyes-cambodia

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