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

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/

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

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