Industries

With the 15-storey Vimean Keo Choronai Condominium close to completion, some 70 per cent of its apartments have already been sold. Vimean Keo Choronai sits in what eventually will be an expansive, leafy garden setting on National Road 1 about 600 metres from Monivong Bridge ...

Representatives of Borey Kuch Asia say the company has injected millions of dollars into an apartment and villa complex in Sihanoukville, and that the project will be completed in 2017, despite political uncertainties. Borey Kuch Asia project manager Tous Sapheoun said the company spent two years ...

Third-party auditors hired by The Coca-Cola Company are conducting an audit of Cambodian sugar suppliers, NGO and community representatives said yesterday. “Coke has commissioned them to conduct an assessment on their suppliers. They will talk to all parties, the community, NGOs and the company,” said Eang ...

The owners of 170 factories have handed power of attorney to the nation’s factories association ahead of a potential lawsuit directed at the leaders of six union groups. Garment Manufacturers Association in Cambodia (GMAC) secretary-general Ken Loo said yesterday that the factories would seek damages related ...

NagaCorp recently announced it would invest $369 million in its latest project opposite the Buddhist Institute. The Hong Kong-listed casino operator’s latest Phnom Penh venture, Naga2,will include a casino, a hotel and a conference hall. The announcement of the investment by NagaCorp, Cambodia’s biggest casino operator, was ...

Borey River Town, a residential property development around three kilometres northeast of downtown Phnom Penh on National Road 6A has been selling well for the first two months of the year, according to Teng Rithy, the development’s general manager. Rithy said that the rate of sales ...

Armed soldiers will continue to patrol Veng Sreng Street, the garment factory-lined thoroughfare in Phnom Penh’s Pur Senchey district where military police shot dead five workers during a nationwide strike last month, until labor unrest in the garment sector subsides, the deputy commander of the ...

With nearby Cambodia’s tourism market eclipsing 4.2 million in 2013, the stage is set for growth this year. In this case its Siem Reap where last year’s tally of overseas visitors was more than 2.2 million and well over half of the sum total for ...

Cambodia is forecast to receive 4.7 million foreign visitors in 2014, an estimated rise of 12 percent from 4.2 million in 2013, Minister of Tourism Thong Khon said Wednesday. Last year, the country’s tourism generated 2.5 billion U.S. dollars, contributing about 16 percent to the GDP, ...

It will be years before oil starts to be produced by energy giant Chevron’s offshore site in the Gulf of Thailand, a senior Cambodian official said yesterday. Meng Saktheara, secretary of state at the Ministry of Mines and Energy, said that negotiations over taxation have continued ...

Cambodia’s first coal-fired power plant, which is expected to fill shortages in demand by producing an additional 100 megawatts of electricity every year, commenced full-time operations yesterday. Representatives from Malaysian company Leader Universal Ltd (LU), which built the plant, joined Prime Minister Hun Sen and ...

Garment workers’ calls for a $160 minimum wage are justified and should be honored, a new report by an international team of academics and labor experts has found. The authors—including a team from the University of London’s School of Oriental and African Studies, South Korean and ...

The Pacific Asia Travel Association will hold the 37th PATA Travel Mart at Diamond Island Convention & Exhibition Centre, Phnom Penh, Cambodia. The event is being hosted by the ministry of tourism of Cambodia and will take place from September 17th-19th. PTM 2014 will offer delegates the ...

Cambodian Prime Minister Hun Sen said Tuesday that the opposition-aligned unions, inciting garment workers to stage strikes for higher wages, must take responsibilities for any future closures of factories. “The government has worked very hard to attract investors to build factories and has urged manufacturers to ...

A coalition of 18 labor unions and associations is today set to begin the first phase of a nationwide labor strike in the garment sector by calling on workers in about 100 factories to boycott working overtime, according to union leaders. Despite efforts by the government ...

Trade Union Workers Federation of Progress Democracy (TUWFPD) on Sunday appealed to workers in garment sector not to attend strikes called by other union leaders, saying that the strikes would adversely affect the workers themselves. The strikes are scheduled for March 12. ...

Some 800 workers from a Taiwanese-owned Yu Da Garment Industry (Cambodia) Co., Ltd protested Saturday to demand better working condition and pay. ...

The high-ranking government officials and global clothing brand representatives who took part in a meeting in Phnom Penh on Wednesday both raised concern​s​ about the media coverage of last month’s lethal repression of a nationwide strike by garment workers and its aftermath. The meeting was called ...

Trade between Cambodia and China’s Hong Kong increased by 19 percent in 2013, thanks to good ties between China and Cambodia, Raymond Yip, assistant executive director of the Hong Kong Trade Development Council, said here Friday. The total trade value between Cambodia and Hong Kong amounted ...

While more Japanese companies are flocking to Cambodia for investments in recent years, they are more diversified, ranging from restaurants to manufacturing industries and electronics. Yoshihito Katsuo, first secretary in charge of trade at the Japanese embassy in Phnom Penh, told Kyodo News on Friday that ...

Cambodia saw a dramatic increase in the number of tourist deaths in the past year, an annual report released by the Ministry of Interior (MoI) has revealed. Twenty-one foreign visitors died in 2013, up from 14 deaths the year prior to that, a 50 per cent ...

Just over a month after a brutal police crackdown on striking Cambodian garment workers left at least five people dead, the country’s unions are calling for another strike in March, increasing the likelihood of further violence. At issue is the still-unresolved question of the workers’ minimum monthly wage. Roughly 700,000 ...

Infrastructure development and new condominium and apartment construction growth are boosting land prices in Toul Tompong and Deoum Thkov communes, and in Chamkarmon district by as much as 30 per cent. Kuy Vat, president and CEO of Vtrust Group, said that increased land prices in Boeung ...

Construction of the luxury Diamond Island Riviera residential project on Koh Pich is under way after a groundbreaking ceremony last month. The Western-themed, all-modern residential project – a $700 million joint-venture between the Overseas Chinese Investment Company (OCIC) and Chinese Jixiang Investment – is just one ...