Industries
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/
SL reps, unionists to sign deal to end strike
A nearly four-month strike, punctuated by a violent clash between unionists and police that left one bystander dead, could come to an end this afternoon. Officials from SL Garment Processing (Cambodia) Ltd and the Coalition of Cambodian Apparel Workers’ Democratic Union (C.CAWDU) – which represents a ...
Sean Teehan and Mom Kunthear
http://www.phnompenhpost.com/national/sl-reps-unionists-sign-deal-end-strike
Increase in Customs Taxes Raises Retail Prices in Cambodia
Customs officers along Cambodia’s border have been instructed to increase their efforts to properly inspect and tax products coming into the country, which has increased the cost of imports and led to a rise in retail prices for a host of goods, government officials, businessmen ...
Aun Pheap and Colin Meyn
http://www.cambodiadaily.com/business/increase-in-customs-taxes-raises-retail-prices-in-cambodia-48461/
Factory inspection turns up unauthorised floor
Inspectors from the ministry in charge of construction who were called to investigate a “shaking” garment factory last Tuesday discovered that an entire extra storey had been built without permission or oversight from authorities, officials said yesterday. As workers returned to the Siu Quinh Garment factory ...
Mom Kunthear and Shane Worrell
http://www.phnompenhpost.com/national/factory-inspection-turns-unauthorised-floor
Majority of workers denied annual leave
Only about 10 per cent of Cambodia’s workforce is being granted paid annual leave, a report released last week says. Under the 1997 Labour Law, workers who work a standard 48-hour week are entitled to 18 days of paid annual leave, in addition to one day ...
Shane Worrell and Mom Kunthear
http://www.phnompenhpost.com/national/majority-workers-denied-annual-leave
FBI Holds Investigation Talk for Cambodian Youth
The US Federal Bureau of Investigation on Thursday gave a talk to some 200 Cambodian youths in Phnom Penh, describing criminal investigation, especially in human trafficking and child prostitution. Various youth from across nine provinces attended the discussion, where they learned how they can participate in ...
Khoun Theara
http://www.voacambodia.com/content/fbi-holds-investigation-talk-for-cambodian-youth/1800147.html
S&P reaffirms rating despite political worry
Cambodia has retained its B credit rating despite ratings company Standard & Poor’s citing the country’s ongoing political standoff as a “major” constraint. S&P affirmed Cambodia’s B/B credit rating last week, labeling the country as having a strong and stable long-term and short-term outlook. Engagement of international ...
Eddie Morton
http://www.phnompenhpost.com/business/sp-reaffirms-rating-despite-political-worry
Cambodia's Siem Reap, China's Jiangxi ink cooperation deal
Cambodia’s cultural Siem Reap province and China’s eastern Jiangxi province have signed a memorandum of understanding (MoU) to strengthen cooperation in a number of fields, according to a copy of the MoU on Saturday. The deal was inked on Friday afternoon between Khim Bunsong, governor of ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2013-11/30/c_132930687.htm
Japan's Yusen Logistics launches Cambodia to Osaka service
Japan’s Yusen Logistics Co Ltd has announced the launch of less-than-container-load (LCL) services between Cambodia and the western Japanese city of Osaka. The new lane follows the start of the company’s operation in Cambodia earlier this month and boosts its LCL network to 222 lanes, ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NmZhNDRhODA1ZDI
New Association to Take on Illegal DVD Sales
The Motion Picture Association of Cambodia (MPAC), an independent body that aims to protect intellectual property, officially opened its doors Wednesday, vowing to put an end to the sale of pirated DVDs in Phnom Penh as its first order of business. “We are goingto serve everybody ...
Ben Woods
http://www.cambodiadaily.com/news/new-association-to-take-on-illegal-dvd-sales-48122/
Poor Education Could Cripple Business Growth
Low-quality education is jeopardizing business growth in Cambodia, and local graduates will not be employable in skilled jobs if the government does not quickly implement educational reforms, business executives warned Thursday at the Cambodian Market Intel 2013 seminar in Phnom Penh. During an hourlong panel discussion ...
Joshua Wilwohl
http://www.cambodiadaily.com/news/phnom-penh-listed-as-nsa-collection-point-48188/
Report Says More Than 10 Percent of Children Are ‘Laborers’
More than 10 percent of children in the country aged between 5 and 17 work as laborers, with more than 5 percent engaged in “hazardous labor,” a situation that must be addressed by the government, the International Labor Organization (ILO) said in a report released ...
Colin Meyn
http://www.cambodiadaily.com/news/report-says-more-than-10-percent-of-children-are-laborers-48198/
Government Sold National Ship Registry Rights
Cambodia has no control over Cambodian-flagged ships complicit in illegal activities on the high seas as the government sold the authority to register ocean-going vessels, under Cambodia’s national flag, to a company in South Korea for $6 million, a Council of Ministers official claimed Thursday. On ...
Denise Hruby and Kuch Naren
http://www.cambodiadaily.com/news/government-sold%E2%80%88national-ship-registry-rights-48186/
SL to reinstate fired unionists
The chief executive of SL Garment Processing (Cambodia) yesterday said the factory has agreed to reinstate 19 dismissed union leaders and activists, a sticking point which could end a strike that has lasted more than three months. Hours after the Ministry of Labour announced the garment ...
Sean Teehan and Mom Kunthear
http://www.phnompenhpost.com/national/sl-reinstate-fired-unionists
DENSO, Toyota Tsusho and Aisin Seiki to Open Wholly-Owned Automotive After-Sales Service Store in Cambodia- Will offer high-quality automotive after-Sales services in emerging economies
DENSO Corporation , Toyota Tsusho Corporation and Aisin Seiki Co., Ltd., will jointly open a wholly-owned store in Cambodia that will offer automotive repair and maintenance services, as well as sell related automotive components. The wholly-owned store will start operations in February 2014 with the ...
Hispanic Business News Staff
http://www.hispanicbusiness.com/2013/11/28/denso_toyota_tsusho_and_aisin_seiki.htm
Cambodia to set 2014 wage for garment workers next month
The Ministry of Labour, Government of Cambodia, would set the 2014 minimum wage for garment workers next month, reports The Phnom Penh Post. A working group consisting of representatives of the Garment Manufacturers’ Association in Cambodia (GMAC), workers’ representatives and factory managers met officials at ...
Fibers2fashion News Staff
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=156451
Fears for tourism during rally
The opposition’s planned demonstration in Siem Reap next month could affect the tourism industry in Cambodia’s most important visitor destination, the government and industry representatives said yesterday. Cambodian Tourism Minister Thong Khon told the Post that the Cambodia National Rescue Party’s (CNRP) December 10 rally could ...
Chan Muy Hong
http://www.phnompenhpost.com/business/fears-tourism-during-rally
No consensus on next move in SL drama
After the management of an embattled garment factory this week refused to follow a government order to reinstate 19 dismissed union leaders and activists, unionists and observers are at a divergence of opinion over how the state should respond. “It’s fairly unprecedented,” Dave Welsh, country director ...
Sean Teehan and Mom Kunthear
http://www.phnompenhpost.com/national/no-consensus-next-move-sl-drama
Cambodian opposition urged to avoid violence in protest
Cambodian Tourism Minister Thong Khon on Tuesday urged the main opposition party to avoid violence when it holds a mass rally next month in the tourist destination of Siem Reap. “In democratic societies, demonstrations are common, but those protests must be nonviolent and in accordance with ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-11/26/c_132919950.htm
‘Millions’ to be made off energy efficiency
Against the backdrop of high electricity costs and energy imports, Cambodian businesses could save millions of dollars annually by implementing energy-efficient business practices, insiders said yesterday. “It is clear that energy efficiency has multiple benefits, not only to the tourism sector but also other economic sectors ...
Anne Renzenbrink
http://www.phnompenhpost.com/business/%E2%80%98millions%E2%80%99-be-made-energy-efficiency