Economy and commerce
Rip-offs strike wrong chord
Slapping Khmer song lyrics over international hits or ripping off the creative content of foreign-produced music videos is a practice in the Kingdom that must end within one year, Ministry of Culture and Fine Arts officials said at a conference in the capital yesterday. A crackdown ...
Mom Kunthear
http://www.phnompenhpost.com/national/rip-offs-strike-wrong-chord
Postal service revenue up
Operating revenue at the partly state-owned mail service, Cambodia Post (CP), rose more than 10 per cent last year compared to 2012, according to a senior government official. Ork Bora, CP’s general director, said that revenue reached $4.56 million, an increase of 12.54 per cent from ...
May Kunmakara
http://www.phnompenhpost.com/business/postal-service-revenue
Survey seeks info on Cambodian business health
Starting later this month, 10,000 small and medium-sized businesses will be queried as part of a Japanese government-backed economic census intended to take a snapshot of activity across the private sector. Beginning on February 23 and running through to March 31, Cambodia’s National Institute of Statistics ...
Eddie Morton
http://www.phnompenhpost.com/business/survey-seeks-info-cambodian-business-health
Unions argue over wage committee reforms
Meeting for a minimum wage workshop on Tuesday, the country’s independent and government-aligned unions argued over reforms to the Labor Advisory Committee (LAC), the body in charge of setting the minimum wage in the garment sector, which employs some 600,000 workers. The LAC, which is composed ...
Aun Pheap
http://www.cambodiadaily.com/news/unions-argue-over-wage-committee-reforms-51452/
Moc Bai Border Gate Economic Zone
Moc Bai Border Gate Economic Zone is located on the Trans-Asia Road that starts from Myanmar, goes to Thailand, Cambodia, Laos and Vietnam and ends at Quangxi, China. It was built with three border gates on an area of 21,283ha, covering the communes of Long Thuan, ...
Vietnamnet News Staff
http://english.vietnamnet.vn/fms/business/92035/moc-bai-border-gate-economic-zone.html
Cambodia’s rice under fire
Amid falling local production in Italy, officials there are calling on the European Union to scrap a preferential trade agreement that gives Cambodia’s rice exports duty-free advantages in the global market. According to a January 31 report from rice industry publication Oryza, members of the Italian ...
Hor Kimsay
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-rice-under-fire
No Results in Protest Shooting Investigations
At 10 a.m. on January 3, about 2,000 members of the security forces, mostly military police, advanced down Phnom Penh’s factory-lined Veng Sreng Street, spraying AK-47 assault rifle fire into a crowd of about 100 protesters who had been throwing stones and crude Molotov cocktails. ...
Khuon Narim and Colin Meyn
http://www.cambodiadaily.com/news/no-results-in-protest-shooting-investigations-51325/
Cambodia and Vietnam to boost economic, cultural, scientific and technological cooperation
Cambodian and Vietnamese foreign ministers are to meet on Feb 10-11 to boost the economic, cultural, scientific and technological cooperation between the two countries, according to a statement of the Ministry of the Foreign Affairs and International Cooperation. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=11&token=Y2JjMDc3NmNmYjI
Monks, Workers Hold Vigil for Slain Protesters
About 100 monks, activists and workers returned on Saturday evening to the Canadia Industrial Park, where garment workers clashed with military police on January 3, to pray for the five protesters who were shot dead in the violence and call for the release of 23 ...
Mech Dara
http://www.cambodiadaily.com/news/monks-workers-hold-vigil-for-slain-protesters-51222/
Direct Japan flights set to take off later in year: PM
Japan will introduce direct flights to and from Cambodia this year in an effort to bolster trade, investment and tourism between the two nations, Prime Minister Hun Sen said on Friday. Hun Sen announced the plan at a meeting with a delegation led by Hideo ...
May Kunmakara
http://www.phnompenhpost.com/business/direct-japan-flights-set-take-later-year-pm
Illegal book hawkers warned
Market vendors hawking pirated government textbooks have a month to get their shops in order if they want to avoid an authority-led crackdown, a statement released on Friday by the Ministry of Education, Youth and Sport warns. Selling or buying textbooks labelled “not for sale” or ...
Mom Kunthear
http://www.phnompenhpost.com/national/illegal-book-hawkers-warned
Prime Minister Hun Sen: Cambodia to have direct flight from Japan in six months
Prime Minister Hun Sen of Cambodia believes that within 6 months, Cambodia will have direct flight from Japan, which will help promote tourism and investment in the Kingdom. The Premier made such comment January 31 during his meeting with Delegates of World Tourism led by Mr. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=15&token=Mjc2MTVkMDkxMzU
IMF forecasts Cambodia's economy at 7.2 pct in 2014
Cambodia’s economy is expected to grow by 7.2 percent this year, and pick up to 7.5 percent next year, the International Monetary Fund (IMF) has said. The IMF hailed Cambodia for making good progress in achieving the Millennium Development Goals and reducing poverty substantially. It said ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-02/01/c_133087969.htm
Cambodia's cassava export declines 58 pct last year
Cambodia exported 300,000 tons of fresh and dry cassava in 2013, down 58 percent compared with the 720,000 tons recorded a year earlier, according to figures by the Commerce Ministry on Saturday. The country earned a revenue of 16 million US dollars from cassava export last ...
The Global Times News Staff
http://www.globaltimes.cn/content/840494.shtml#.Uu8A2fmSxqV
EU Parliamentarian Finds Abuses Fueled by Trade Scheme
Sugar plantations that benefit from the European Union’s Everything But Arms (EBA) scheme, which allows preferential access to the E.U.’s market, have further impoverished Cambodia’s poor, and an investigation needs to be launched, a member of the European Parliament (MEP) said on Friday. Patrice Tirolien, MEP ...
Denise Hruby
http://www.cambodiadaily.com/news/eu-parliamentarian-finds-abuses-fueled-by-trade-scheme-51188/
Cambodia needs more British investors: PM
Cambodian Prime Minister Hun Sen said Friday that the country wanted to see more British investors in order to further contribute to developing local economy and reducing poverty. The premier made the remarks during a meeting with visiting British Minister of State at the Foreign and ...
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=197529
Life as Living Nightmare Along National Route 6a
Two years after Prime Minister Hun Sen broke ground on a Chinese-funded project to widen National Road 6a in order to expand its capacity as a major trade and tourism thoroughfare, life for the tens of thousands of families living along the 50-km stretch of ...
Hul Reaksmey and Simon Henderson
http://www.cambodiadaily.com/news/life-as-living-nightmare-along-national-route-6a-51156/
Made here, owned there
At the end of a well-paved road just past the city’s airport sits a cluster of factories. Each one is barely discernible from the next – grey concrete walls and blue aluminium roofs. But one factory in the lot, MAG (Cambodia), is different. In a country ...
Daniel de Carteret
http://www.phnompenhpost.com/business/made-here-owned-there
One airline is enough: report
Cambodia’s aviation sector doesn’t need a second domestic carrier, according to a new report from the Australia-based Centre for Aviation (CAPA). The report, published yesterday, is the latest instalment in a two-part analysis of the country’s aviation industry, and focuses on Cambodia Airlines, the Royal Group ...
Eddie Morton
http://www.phnompenhpost.com/business/one-airline-enough-report
EU Parliamentarian Probes Sugar Plantations in Cambodia
A member of the European Parliament is in Cambodia investigating agri-business firms accused of evicting hundreds of families while benefiting from a free-trade scheme with Europe worth millions of dollars, according to the NGO Equitable Cambodia. The visit from France’s Patrice Tirolien follows a resolution the ...
Zsombor Peter
http://www.cambodiadaily.com/news/eu-parliamentarian-probes-sugar-plantations-in-cambodia-51166/
More houses razed in dispute
Authorities burned one house and demolished three others in the past two days in Koh Kong’s Botum Sakor and Kiri Sakor districts in the latest development in the long-running land dispute between villagers and Tianjin Union Development Group, community representatives and the rights group Adhoc ...
May Titthara
http://www.phnompenhpost.com/national/more-houses-razed-dispute
British dignitary to meet with CPP, CNRP
British Secretary of State for Asia Hugo Swire was due to arrive in Cambodia last night for a two-day diplomatic visit to the country where he will meet Prime Minister Hun Sen as well as members of the opposition. ...
Vong Sokheng
http://www.phnompenhpost.com/national/british-dignitary-meet-cpp-cnrp
Singapore-Based Oxley Holdings to develop Phnom Penh mixed-Use project
Singaporean investment firm Oxley Holdings has teamed up with Cambodian property company to develop a two-storey mixed-use project in Phnom Penh. Oxley Holdings will invest USD300 million to construct the The Bridge, which is set to comprise 700 residential apartments, in addition to 900 commercial units ...
Property Report News Staff
http://www.property-report.com/singapore-based-oxley-holdings-to-develop-mixed-use-project-in-phnom-penh-33329
NGOs say bank must remain to clean mess
Rights groups yesterday called on ANZ bank to help address alleged labour and environmental violations at Phnom Penh Sugar Company instead of walking away from the problem. A joint statement released yesterday by Equitable Cambodia and Inclusive Development International said it would be wrong for the ...
Daniel de Carteret
http://www.phnompenhpost.com/business/ngos-say-bank-must-remain-clean-mess