Industries

Garment workers’ patience wearing thin

Taking part in daily demonstrations outside the shuttered factory where she once worked is beginning to weigh on Bou Narith and her co-workers. Government officials this morning will sit down with representatives of employees and a representative from USA Fully Field (Cambodia) Garment factory, which, ...

Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/national/garment-workers%E2%80%99-patience-wearing-thin

Factory Owners Slam Government Over Handling of Strikes

Members of the Garment Manufacturers Association of Cambodia (GMAC) said during a conference Sunday that they are “fed up” with the government for not controlling strikes by labor unions. “All of us have the same issue: illegal strikes,” Van Porphin, a member of GMAC’s executive committee, ...

Colin Meyn and Aun Pheap
http://www.cambodiadaily.com/news/factory-owners-slam-government-over-handling-of-strikes-49352/

New lottery bets on success

Malaysian-owned company VW Win Holdings Plc launched lottery operation Camloto in the Kingdom this week, making it the second to go live in as many months. Camloto CEO Jimmy Kong unveiled the new start-up, which will draw its first ball tonight on all major TV stations, ...

Eddie Morton
http://www.phnompenhpost.com/business/new-lottery-bets-success

Cambodia to attend CLV united front meeting in Laos

Heads of the national united fronts from three Indochina countries will meet in Vientiane on Wednesday for the Second Summit Meeting. The Lao Front for National Construction (LFNC) President, Dr Phanduangchit Vongsa, informed the media about the planned agenda last week. President of the Solidarity Front for ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=YmUxZTVjNGY3OTU

Cambodia, China's Guangdong look to boost tourism cooperation

Representatives of 17 tourism- related companies from southeast Guangdong province of China on Friday met with their Cambodian counterparts in order to seek possibilities for tourism cooperation. The Chinese delegation was led by Zhao Yufang, Vice-Governor of Guangdong Province, while Cambodian side was headed by Pak ...

ECNS News Staff
http://www.ecns.cn/2013/12-14/92619.shtml

Russian Boulevard land prices rising

The west end of Street 110, also known as Russian Boulevard, is attracting increasing interest from investors and retailers because of its vital role connecting Phnom Penh International Airport with the city centre. Local real estate experts estimate that land prices along the thoroughfare have risen ...

Post Staff
http://www.phnompenhpost.com/real-estate/russian-boulevard-land-prices-rising

Illicit Trade Linked to $130M In Losses

A report released by a U.S. financial research firm today says that Cambodia lost an average of $133 million per year between 2002 and 2011 through crimes such as import and export tax evasion, illegal movements of money and smuggling. The report, released by Global Financial ...

Alex Willemyns
http://www.cambodiadaily.com/business/illicit-trade-linked-to-130m-in-losses-49163/

Vattanac Capital preparing for eventful 2014

Phnom Penh’s growing importance as a business destination has brought with it many opportunities and infused the market with a growing sense of ambition. Few developments embody this new ambition better than Vattanac Capital Tower, which will throw open its doors this spring. “Cambodia’s seen nothing ...

Nalin Viboonchart
http://www.phnompenhpost.com/real-estate/vattanac-capital-preparing-eventful-2014

Taxi Drivers Block Checkpoint In Poipet to Protest New Tax

Taxi drivers staged a large protest Wednesday at a customs checkpoint in Poipet City over customs officials’ demands for what the protesters said was an exorbitant tax on a small load of goods. At the checkpoint Wednesday, more than 50 taxi drivers blocked the road for ...

Hul Reaksmey
http://www.cambodiadaily.com/news/taxi-drivers-block-checkpoint-in-poipet-to-protest-new-tax-49159/

H&M may raise prices to pay workers

Clothing giant H&M is considering raising retail prices and passing the buck onto the consumer to help pay higher wages to garment workers in poor countries. There won’t be any price increases in the short-term, but it “might be a possibility” in the future, Helena Helmersson, ...

Daniel de Carteret and May Kunmakara
http://www.phnompenhpost.com/business/hm-may-raise-prices-pay-workers

ADB funds tourism development in Vietnam, Laos, Cambodia

The Asian Development Bank (ADB) has approved a 100 million USD aid package to support the development of tourism infrastructure in the three Mekong River countries of Vietnam, Laos and Cambodia. The decision was made at the annual meeting on tourism development of the Greater Mekong ...

Vietnamnet Bridge News Staff
http://english.vietnamnet.vn/fms/travel/91098/adb-funds-tourism-development-in-vietnam--laos--cambodia.html

Cargo shipments at Cambodia's two largest ports see remarkable rise in 11 months

The Sihanoukville Autonomous Port, Cambodia’s largest shipping facility, on Tuesday reported a 12 percent rise in cargo shipments in the first eleven months of 2013. The state-owned sea port had received 2.73 million tonnes of goods during the January-November period this year, up from 2.43 million ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131210/cargo-shipments-at-cambodias-two-largest-ports-see-remarkabl

ACU Partners With Coca-Cola in Anti-Graft Agreement

During a four-hour pop concert in Phnom Penh to mark International Anti-Corruption Day on Monday, the Coca-Cola Company and the government’s Anti-Corruption Unit (ACU) signed an agreement that commits the international soft drinks company to avoid committing bribery in Cambodia. “Corruption is the barrier to development ...

Khy Sovuthy and Alex Willemyns
http://www.cambodiadaily.com/news/acu-partners-with-coca-cola-in-anti-graft-agreement-48957/

Sea Festival fails seafood vendors

Droves of seafood sellers descended on the normally sleepy Kep province this past weekend, attempting to capitalise on a tourism festival set up to drive dollars to Cambodia’s coastal areas. But overcrowding and blocked roads pushed prices down and kept customers away, according to vendors. The ...

Hor Kimsay
http://www.phnompenhpost.com/business/sea-festival-fails-seafood-vendors

Cambodia, Japan to issue exemptions, long-term and multiple visas

In order to promote and facilitate people to people exchange between Cambodia and Japan, both governments have agreed on visa exemptions and the issuance of long-term and multiple visas, according to a press release issued by Cambodia’s Ministry of Foreign Affairs and International Cooperation. In the ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=NzNkNzY5YjMxZTk

Cambodia-U.S. bilateral trade up 2 pct

Trade between Cambodia and the United States was valued at 2.55 billion U.S. dollars in the first ten months of 2013, up 2 percent from 2.49 billion U.S. dollars over the same period last year, the figures of the U.S. Department of Commerce showed Friday. Cambodia’s ...

The Global Post
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131206/cambodia-us-bilateral-trade-2-pct

Meet eyes Angkor management

Representatives from countries and preservation organisations across the globe gathered in Siem Reap yesterday as Prime Minister Hun Sen officiated the kickoff of an intergovernmental conference focused on Angkor Wat. The event marks the third once-per-decade conference of the International Coordinating Committee for the Safeguarding ...

Thik Kaliyann
http://www.phnompenhpost.com/national/meet-eyes-angkor-management

Buildings Near Palace to Be Partially Demolished

Phnom Penh municipal governor Pa Socheatvong maintained Wednesday that the city would partially demolish two buildings near the Royal Palace because they exceed the height limit stated in their contracts, though he did not specify when the demolition would occur. One building, owned by Vattanac ...

Aun Pheap
http://www.cambodiadaily.com/news/buildings-near-palace-to-be-partially-demolished-48635/

Cambodia's tax revenues up 17 pct in 11 months

Cambodia’s General Department of Taxation had collected 800 million U.S. dollars of taxes in the first 11 months of the year, a 17 percent rise compared with the same period last year, a press release said Wednesday. The revenues came from tax on profit, withholding tax, ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131204/cambodias-tax-revenues-17-pct-11-months

Cambodia Garment Wages Set to Rise as H&M Pushes New Approach

Swedish clothing giant H&M recently announced a program to boost wages for garment workers in its sub-contractor factories around the world, including in Cambodia, where the company is a leading buyer. H&M’s announcement comes at the end of a turbulent year in the garment sector ...

Robert Carmichael
http://www.voanews.com/content/cambodian-garment-wages-set-rise-hm-pushes-new-approach/1803179.html

Aspara International's China flights delayed

The launch of a new airline promising regular flights between Phnom Penh and China has been stalled, awaiting government approval. Apsara International Air – co-owned by Chinese and Cambodian investors – now plans to begin operations sometime in 2014 as talks between the airline and the ...

May Kunmakara
http://www.phnompenhpost.com/business/aspara-internationals-china-flights-delayed

Private Ship Registry Did Not Monitor Compliance

The privately-operated International Ship Registry of Cambodia (ISROC), a South Korea-based company that owns the rights to register foreign vessels under the Cambodian flag, told ship owners last year that it was not monitoring their observance of international maritime laws, and that it was their ...

Denise Hruby
http://www.cambodiadaily.com/news/private-ship-registry-did-not-monitor-compliance-48532/

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