Trade

Exports

Needs compared with the UK

Cambodia's needs and how they overlap with the UK’s strengths are an important issue in trade and investment relations between the two countries, according to British Ambassador Mark Gooding during a presentation to the Cambodian Chamber of Commerce (CCC) yesterday. Bilateral trade is mainly driven by ...

http://www.phnompenhpost.com/index.php/2012090458466/Business/uk-to-diversify-trade-ambassador.html

ASEAN push for integration

ASEAN economic ministers on Friday agreed to spur stronger cooperation and make more of an effort to enhance the region’s integration in preparation for the ASEAN Economic Community (AEC) in 2015. Speaking during the press conference on the closing of the 44th ASEAN Economic Ministers’ Meeting ...

http://www.phnompenhpost.com/index.php/2012090358439/Business/asean-push-for-integration.html

Garment Factory Monitoring Needs to Improve

The International Labor Organization's (ILO) Better Factories Cambodia (BFC) program must overhaul its monitoring practices before it can meaningfully improve working conditions in the garment sector, accoring to the authors of a new report. ... ...the new report by Community Legal Education Center and the Netherlands-based ...

Indian Chamber of Commerce Launches in Capital

About 100 Indian businessmen and government officials gathered in Phnom Penh yesterday for the official launch of the Indian Chamber of Commerce (ICC) in Cambodia. Speaking at the launch the ICC president, Debasish Pattnaik, said that since the new organization registered with the government in February, it has gained 54 ...

Investment treaty with US discussed

The United States and Cambodia have agreed to begin discussions on a bilateral investment treaty (BIT) in a bid to spur trade and investment between the two countries, officials said on Friday following the end of the ASEAN-US Business Summit in Siem Reap. “A bilateral investment ...

http://www.phnompenhpost.com/index.php/2012090358437/Business/investment-treaty-with-us-discussed.html

'Verbal Abuse' surfaces at Ocean

An investigation by garment factory monitor Better Factories Cambodia into the alleged sexual harassment of four female employees at Ocean Garment uncovered extensive verbal abuse, according to BFC technical adviser Jill Tucker. A BFC team visited the Dangkor district site on August 24 after a group ...

http://www.phnompenhpost.com/index.php/2012090358447/National-news/verbal-abuse-surfaces-at-ocean.html

Fainting workers blame fumes

Almost 150 garment factory workers from two Phnom Penh factories fainted late last week after inhaling toxic fumes used to treat clothes, workers and union leaders said yesterday. The mass faintings came as the Clean Clothes Campaign and Community Legal Education Center released an evaluation report ...

http://www.phnompenhpost.com/index.php/2012090358448/National-news/fainting-workers-blame-fumes.html

Cambodia Import-Export The First Half Year Analysis

Although the Cambodian government has projected Gross Domestic Product (GDP) of around 7 percent this year, a bit higher than come other international financial organizations like the Asian Development Bank (ADB) and the International Monetary Fund (IMF), it does not mean that the country's projection could not ...

http://www.cambizreview.com/

US firms suggest ASEAN improve financial services

Although US businesses across ASEAN have expressed a positive investment outlook towards Cambodia and the other members of the regional group, they are unsure of how to take advantage of the free-trade agreement with China, insiders said at the first-ever ASEAN-US Business Summit, which kicked ...

http://www.phnompenhpost.com/index.php/2012083158399/Business/us-firms-suggest-asean-improve-financial-services.html

Ocean Garment strike to end, workers return

More than 50 police officers exchanged heated words with Ocean Garment strikers yesterday afternoon, marching for over an hour to Phnom Penh Municipal Court in support of five worker representatives suspended by the company. Mid-protest, however, the group of more than 2,500 – who have been ...

http://www.phnompenhpost.com/index.php/2012083158407/National-news/ocean-garment-strike-to-end-workers-return.html

Special tax exemption on goods grown in Cambodia

The Government has agreed to grant tax exemption for farm goods grown in Cambodia by Vietnamese enterprises and individuals and imported for processing... Statistics show that in southern Tay Ninh Province alone 120 individuals from the districts of Chau Thanh, Tan Bien, Trang Bang and Tan ...

http://vietnamnews.vnagency.com.vn/Economy/229443/special-tax-exemption-on-goods-grown-in-cambodia.html

Incitement Charge for Chhun

Global brands Levi’s and Gap had continued slashing orders at the Tai Yang and Camwell factories in Kandal province, costing the company that owns them about US$6 million, its manager claimed yesterday. Tai Yang Enterprises manager Wu Minghuor said the brands had reduced their orders from ...

http://www.phnompenhpost.com/index.php/2012083058388/National-news/labour-leader-summonsed-to-court.html

'Suspicious suspect' in Bavet shooting named

Police in Svay Rieng province said yesterday a Bavet town police officer had been under court-ordered supervision since last week on suspicion of being involved in the February shooting at a garment factory protest in the Special Economic Zone there. Provincial police chief Prach Rim said ...

http://www.phnompenhpost.com/index.php/2012083058386/National-news/suspicious-suspect-in-bavet-shooting-named.html

Cambodia to Export 100,000 Tons of Rice to Indonesia

Commerce Minister Cham Prasidh yesterday signed an agreement with Indonesia's Trade Minister Gita Wijrawan to export 100,000 tons of milled rice to Indonesia every year, officials said. Although the details-such as when the exports will begin and where the rice will be sourced-have yet to be ...

Rice export MoU signed

Cambodia has signed a memorandum of understanding (MoU) yesterday to export 100,000 tonnes of rice per year to Indonesia. Senior Cambodian officials hope the MoU will be the impetus for attracting more investments from other ASEAN member states. The MoU was signed between Cambodia’s Minister of ...

http://www.phnompenhpost.com/index.php/2012082958338/Business/rice-export-mou-signed.html

Cambodia Offers Rice To Indonesia - Bernama

Indonesia will soon sign a contract to import 100, 000 metric tones of rice from Cambodia over the next 5 years... On his part, Hun Sen invited Indonesian Investors to invest in poor harvest businesses such as rice hulling in Cambodia... ...

http://www.bernama.com/bernama/v6/newsworld.php?id=690200

Bonsues 'won't' end strikes

A pay rise for the nation’s garment workers is imminent, but if recent strikes are anything to go by, the US$10 monthly increase from September 1 won’t be enough to stop them from walking off the job. Central to the demands of strikers at four garment ...

http://www.phnompenhpost.com/index.php/2012082858320/National-news/bonuses-wont-end-strikes.html

Indonesia, Cambodia 'to sign rice pact'

Indonesia plans to sign an agreement to import rice from Cambodia if needed to supplement domestically produced supply, Iman Pambagyo, director general of international trade cooperation at the Trade Ministry, said on Tuesday. "The agreement will be similar with the ones Indonesia has with Thailand and ...

http://www.bangkokpost.com/breakingnews/309760/indonesia-cambodia-to-sign-rice-pact

Supplier of Gap in Spotlight

Workers striking at Ocean Garment factory say they still fear for their safety after being ordered back to work on Friday, where a manager accused of sexual harassment continues to work. More than 2,500 workers at the Phnom Penh factory – which supplies retail giant Gap ...

http://www.phnompenhpost.com/index.php/2012082758304/National-news/gap-supplier-in-spotlight-for-sexual-harrassment-allegations.html

Provocative Posters Spark Renewed Protests

More than 2,000 garment factory workers protested Saturday and plan to strike today in support of union organizers who face prosecution in court for alleged "incitement" over demonstrations at the plant, a union representative said yesterday. The workers at Ocean Garment factory began demonstrating on Aug. ...

Money machines

The secong Cambodia International Textile and Garment Exhibition from August 17 to 20 aimed to boost the Kingdom's all-important garment sector by highlighting high-tech machinery which could boost factories' productivity and bottom lines. Over 2,700 square meters at the Diamond Island Convention and Exhibition Center, the ...

Fired up

After a day sewing, treating fabrics and ironing, workers steam out of the Maurea Garment Factory in a suburb of Phnom Penh. Unilke some other factories, this one doesn't have to deal with work slowdowns due to electricity outages of high monthly energy bills since ...

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