Industries

Cambodia earns US$2.6 billion from tourism

Cambodia attracted some 4.2 million foreign tourists last year, up 18 percent year-on-year, Tourism Minister Thong Khon said on Monday. Five largest sources of tourists to Cambodia are Vietnam, China, South Korea, Laos and Thailand. ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MzAzZTU5MWNkMzB

Royal Group Says Cambodia Air Still on Track

Local conglomerate Royal Group has denied that its join venture with Philippine Airlines (PAL) to create Cambodia’s second national carrier has stalled, despite recent remarks by PAL’s president that his company has delayed its investment due to the current political tension here. On Thursday, PAL’s president ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/royal-group-says-cambodia-air-still-on-track-51082/

Union reps fired after strike

Despite Cambodia’s labour law forbidding employers from taking action against workers for engaging in union activity, more than 100 labour union representatives have been fired from at least 12 factories this month for encouraging workers to strike for a $160 monthly minimum wage. The firings came ...

Sean Teehan and Mom Kunthear
http://www.phnompenhpost.com/national/union-reps-fired-after-strike

Developer, soldiers ‘destroyed 29 homes’

Representatives of Chinese company Tianjin Union Development Group, backed by soldiers, annihilated crops and burned the homes of 29 families in Koh Kong’s Botum Sakor district last week, rights groups say. According to a report given to the Post yesterday, a two-day fact-finding mission spearheaded by ...

Sen David
http://www.phnompenhpost.com/national/developer-soldiers-%E2%80%98destroyed-29-homes%E2%80%99

Union Reps Questioned Over Violent Protests

The Interior Ministry’s penal department on Monday questioned two representatives of the Cambodian Alliance of Trade Unions (CATU) over claims that they incited violence during protests at a Kandal province garment factory in late December. Jack Liu, director-general of Tainan Enterprises (Cambodia) Co. Ltd., filed a ...

Aun Pheap and Khuon Narim
http://www.cambodiadaily.com/news/union-reps-questioned-over-violent-protests-51076/

Cambodian garment export earns 5.53 bln USD in 2013

Garment industry, Cambodia’s largest foreign currency earner, reported a 20 percent rise in exports last year, according to the figures of the Ministry of Commerce on Monday. The Southeast Asian nation exported apparel products in equivalent to 5.53 billion U.S. dollars last year, up 20 percent ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/27/c_133078498.htm

Gamble on casino in Pailin looks like a loser

Crippling revenue and poor gamer numbers have prompted Entertainment Gaming Asia (EGA) to consider walking away from its Dreamworld Casino in Pailin province, according to a filing on the NASDAQ exchange on January 21. EGA, owned by Melco International Development, runs Dreamworld Casinos in Pailin and ...

Eddie Morton
http://www.phnompenhpost.com/business/gamble-casino-pailin-looks-loser

Cambodia’s Kampong Chhnang region home to traditional pottery

When talking about fine clay pottery in Cambodia, one always thinks of pottery products made in Kampong Chhnang province. The province, located some 91 kilometers north of the country’s capital Phnom Penh, is well known for its clay pottery. The name of the province “Kampong Chhnang” ...

Global Times News Staff
http://www.globaltimes.cn/content/839478.shtml#.UuYNShD-LIV

Cambodia’s tourism anchored to Angkor

More than 90% of tourists visiting Cambodia will end up at Siem Reap’s world heritage site Angkor Wat, despite efforts to open other areas of the country to tourism. Officials attending the Asean Tourism Forum admitted that efforts to convince tour operators to include trips to ...

TTR Weekly News Staff
http://www.ttrweekly.com/site/2014/01/cambodias-tourism-anchored-to-angkor/

Garment IPO to pay for factory

Taiwanese garment factory Grand Twins International (GTI) has carefully laid out a schedule so it can go public on Cambodia’s stock exchange after the dust settles from unrest tied to minimum wage disputes, according to the company’s chief financial controller, Henry Chen. GTI received approval from ...

Eddie Morton and Hor Kimsay
http://www.phnompenhpost.com/business/garment-ipo-pay-factory

Workers strike again to demand strike pay

About 2,000 workers at Takeo province’s I-Cheng (Cambodia) Cooperation remain on strike today, after management held steady in its refusal to pay employees for days they joined in a national garment worker strike in December and this month. ...

Mom Kunthear
http://www.phnompenhpost.com/national/workers-strike-again-demand-strike-pay

Unions take big picture view

Union leaders yesterday said that despite having held strikes calling for a doubling of the minimum wage that were supported and encouraged by the country’s opposition party, they did not feel betrayed that the wage hike was taking a backseat in political negotiations. Following a government ...

Mom Kunthear and Kevin Ponniah
http://www.phnompenhpost.com/national/unions-take-big-picture-view

The Plight of Cambodia's Garment Workers, On Display on a Manhattan Sidewalk

Last week, on a busy sidewalk in Times Square, a hunched figure in a surgical mask labored at a hand-operated sewing machine. This anonymous worker was Khmer-American artist Kat Eng. According to her website, she sat in front of the flagship location of clothing giant H&M ...

Sarah Goodyear
http://www.theatlanticcities.com/arts-and-lifestyle/2014/01/plight-cambodias-garment-workers-laid-bare-manhattans-sidewalks/8187/

Chea Vichea Remembered 10 Years After Slaying

Ten years ago Wednesday, union leader Chea Vichea walked to his favorite newsstand in front of Wat Lanka to read the day’s headlines: Prime Minister Hun Sen had ordered spending cuts, health officials were trying to handle the first outbreak of bird flu in Southeast ...

Khy Sovuthy and Denise Hruby
http://www.cambodiadaily.com/news/chea-vichea-remembered-10-years-after-slaying-50962/

Risk-averse Japanese investing more in Phnom Penh condos

In the course of a city’s development, especially a capital city, certain events serve as mile markers, raising their profile both regionally and globally. Few understand the changing views of Japanese investors toward Cambodia better than the upper management of boutique real estate consultancy AnnaCam ...

Chris Horton
http://www.phnompenhpost.com/real-estate/risk-averse-japanese-investing-more-phnom-penh-condos

Cambodia bourse to get second IPO in April

Taiwanese garment factory Grand Twins International will be the second company to go public on Cambodia’s fledgling stock exchange, the Securities and Exchange Commission of Cambodia (SECC) confirmed yesterday. ...

Daniel de Carteret
http://www.phnompenhpost.com/business/cambodia-bourse-get-second-ipo-april

Cambodia's new business registrations drop 12 pct in 2013

Cambodia had issued operating licenses to 2,988 new companies last year, down 12 percent from 3, 386 in a year earlier, according to the Ministry of Commerce on Wednesday. Of the 2013 new business registrations, foreign businesses registered 1,448, down 9 percent, while local registrations fell ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-01/22/c_133065203.htm

Good ties boost Chinese investments in Cambodia -- PM

Cambodian Prime Minister Hun Sen said Wednesday that the country’s good relations and cooperation with China have encouraged more and more Chinese investors to Cambodia. The premier made the remarks during a meeting with Zhang Tingke, visiting vice-president of a leading Chinese power company Huaneng Group, ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-01/22/c_133065798.htm

For factory, solar power runs show

Resembling a giant Rubik’s cube under construction, the solar-powered factory in Phnom Penh’s Por Sen Chey district will be completely off the grid. Some 1,350 solar panels, each one capable of generating 100 watts per hour of sunlight, cover the three-story building. In a few months, ...

Daniel de Carteret
http://www.phnompenhpost.com/business/factory-solar-power-runs-show

Cambodian police in new protest crackdown

Cambodian police broke up a rally in the capital on Tuesday and briefly detained 11 activists who were calling for international assistance to secure the release of protesters arrested in a recent crackdown. The detentions came as the country’s main opposition party called off a planned ...

Channel News Asia News Staff
http://www.channelnewsasia.com/news/asiapacific/cambodian-police-in-new/962534.html

Trade hurt by political and labour turbulence

Cambodian trade reached a total of $15.9 billion in 2013, equaling an 18 per cent rise from 2012, according to the Ministry of Commerce. Exports were valued at $6.9 billion, up from $5.5 billion a year earlier, with garment and textiles accounting for more than 80 ...

Eddie Morton
http://www.phnompenhpost.com/business/trade-hurt-political-and-labour-turbulence

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