Industries
Cambodia's construction attracts over 2 bln USD investment in 8 months
PHNOM PENH, Sept. 27 (Xinhua) — Cambodia’s construction sector had received a total investment of 2.14 billion U.S. dollars in the first eight months of the year, up 40 percent from 1.53 billion U.S. dollars over the same period last year, a government report showed ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-09/27/c_132755769.htm
Booyoung Town moves slowly ahead
The plan to build the US$1.1 billion Booyoung Town commercial city and housing estate on Russian Federation Blvd near the 7 Makara Bridge is moving forward slowly while the political situation remains unclear. Despite the political situation, construction at Booyoung Town was slowly moving forward and ...
Siv Meng and Hin Pisei
http://www.phnompenhpost.com/real-estate/booyoung-town-moves-slowly-ahead
Cambodia's national airline launches daily flights to China's Guangzhou City
SIEM REAP, Cambodia, Sept. 26 (Xinhua) — National flag carrier, Cambodia Angkor Air (CAA) began regular flights to Guangzhou City in China’s Guangdong province on Thursday, aiming at attracting more Chinese travelers to Cambodia, a company’s senior official said. China is the third largest source ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-09/26/c_132752788.htm
Photo tourism turns profits
Nathan Horton’s business model is straightforward. A professional photographer, Horton helps amateur photographers take pictures abroad. Photo tourism is an increasingly lucrative trade in Cambodia. Horton, who runs half-day jaunts in Phnom Penh and longer journeys into the provinces, is one of the practitioners capitalising on ...
Laura Ma
http://www.phnompenhpost.com/business/photo-tourism-turns-profits
Work starts on new 22-storey hotel
Construction has started on the 22-storey Toyoko Inn Hotel, which will cost US$20 million to build, near the Hang Bridge. The project is due to be completed in November 2014. Touch Somnang, the Project Manager for the Koh Pich development project, said the Toyoko Inn Hotel ...
Siv Meng
http://www.phnompenhpost.com/real-estate/work-starts-new-22-storey-hotel
Japan to relax visa requirements for Myanmar, Cambodia, Laos
Japan plans to relax visa requirements for Myanmar, Cambodia and Laos by the end of this year, as part of efforts to boost tourism to promote the country’s economic growth strategy, government sources said Wednesday. The government is considering allowing the issuance of “multiple-entry visas” for visitors ...
Kyodo News Staff
http://english.kyodonews.jp/news/2013/09/247990.html?searchType=site&req_type=article&phrase=Cambodia
Factory management agrees on pay advance for holiday
Management at the Chhin Chin garment factory yesterday agreed to meet workers’ demands to receive their wages before the Pchum Ben holiday after a 150-worker demonstration briefly blocked National Road 4 in front of the factory. Workers at the factory, which is located in Phnom Penh’s ...
Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/national/factory-management-agrees-pay-advance-holiday
Workers Say Large Military Police Presence at SL Factory
More than 100 military police officers stood guard outside a garment factory in Phnom Penh’s Meanchey district on Monday and prevented workers from returning to work, employees and local officials said. Workers from Singaporean-owned SL Garment Factory—which makes clothing for U.S. brands Levi’s and Gap—have been ...
Aun Pheap
http://www.cambodiadaily.com/news/workers-say-large-military-police-presence-at-sl-factory-43060/
Cambodian Garment Factories Come Under Scrutiny
A monitoring group backed by the United Nations said it would begin to publicize garment factories’ compliance with worker rights and safety standards in Cambodia, a controversial program that its organizers say will be the world’s most extensive initiative to improve working conditions at plants. The ...
Kate O'keeffe
http://online.wsj.com/article/SB10001424052702303818704579089810120675896.html
‘SolarTuk’ coming in March
Solar-powered tuk-tuks could be rolling off the assembly lines in Phnom Penh as early as March next year, allowing local tuk-tuk drivers a cost-effective and greener alternative to using petrol, according to the company manufacturing the vehicle. Star 8, the Australia-based alternative energy firm behind the ...
Daniel de Carteret and Hor Kimsay
http://www.phnompenhpost.com/business/%E2%80%98solartuk%E2%80%99-coming-march
Riot at Garment Factory Leaves 11 Injured
Nine garment workers and two Chinese managers were injured on Friday in Phnom Penh’s Meanchey district after a riot broke out among 300 workers protesting for higher wages and improved working conditions, officials said Sunday. Commune police chief Mao Sovann said workers at the SL Garment ...
Aun Pheap
http://www.cambodiadaily.com/news/riot-at-garment-factory-leaves-11-injured-42917/
Cambodian maids raring to go
At 5am, without any alarm clock going off, a dozen Cambodian maids wake up with near-military precision. Over the next hour, the women sweep, wash and scrub spotless their two-storey training centre in the Cambodian capital Phnom Penh. They all want to be maids in Singapore, eager ...
The Star Online Staff
http://www.thestar.com.my/News/Regional/2013/09/23/Cambodian-maids-raring-to-go.aspx
Violent Mob, Police Attack Peaceful Protesters
Riot police and groups of men in plain clothes armed with sticks, Tasers and slingshots violently attacked a group of anti-eviction protesters conducting a hunger strike at Wat Phnom late last night, injuring several people. Protesters from Phnom Penh’s Boeng Kak community began the hunger strike ...
Simon Marks and Kevin Doyle
http://www.cambodiadaily.com/news/violent-mob-police-attack-peaceful-protesters-42892/
Cambodia's per capita GDP to reach 1,036 USD this year: PM
Cambodia’s per capita GDP was projected to hit 1,036 U.S. dollars in 2013, up from nearly 1,000 U.S. dollars in a year earlier, Prime Minister Hun Sen said Saturday. The premier said the country has enjoyed full peace and political stability in the last 15 ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-09/21/c_132737987.htm
Illegal Construction Rampant in Angkor Heritage Site
In the months leading up to Cambodia’s national election on July 28, authorities in the Angkor Archaeological Park allowed dozens of land owners to build new houses and develop plots of land inside highly protected areas of the world heritage site. Villagers interviewed last week said ...
Phorn Bopha and Simon Marks
http://www.cambodiadaily.com/news/illegal-construction-rampant-in-angkor-heritage-site-42860/
Cambodia sees 15 pct drop in new business registration in 8 months
Cambodian Ministry of Commerce said Friday that it had issued operating licenses to 1,952 new companies in the first eight months of the year, down 15 percent compared with the 2,300 firms over the same period last year. During the January-August period this year, the ministry ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-09/20/c_132736133.htm
Cambodia sees 21 pct rise in garment exports in first 8 months
Cambodia’s garment industry, the kingdom’s largest income maker, recorded 3.65 billion U.S. dollars in export value in the first eight months of the year, up 21 percent from 3.01 billion U.S. dollars over the same period last year, the Ministry of Commerce said Friday. Cambodian ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-09/20/c_132736137.htm
Tax reform looms large for new government
Cambodia’s General Department of Taxation has laid out a series of reforms it says are needed as the 2015 deadline looms for the Asean Economic Community, a single market for trade and development. Strengthening tax collection to increase revenue while nurturing an attractive investment climate is ...
Daniel de Carteret
http://www.phnompenhpost.com/business/tax-reform-looms-large-new-government
Strike at SL eats into profits
Because of ongoing strikes and an inability to fill orders, SL Garment Processing (Cambodia) says it is shedding cash flow as buyers shift away from one of Asia’s largest producers, factory management confirmed yesterday. International brands H&M and Gap reduced their orders, while Levi’s ceased buying ...
Daniel de Carteret
http://www.phnompenhpost.com/business/strike-sl-eats-profits
Questions over strike violence
A Kampong Speu judge released the vice-president and a member of the Free Trade Union on bail yesterday after the court questioned the two about their alleged roles in a violent demonstration at Sabrina Garment factory. ...
Mom Kunthear
http://www.phnompenhpost.com/national/questions-over-strike-violence
Travel group calms visitors
In an apparent bid to reassure jittery visitors watching the country’s political scene, the Cambodia Association of Travel Agents (CATA) said in a statement yesterday that post-election tensions would not harm tourists. Addressing its members – tour operators and travel agencies – as well as national ...
Anne Renzenbrink and Laura Ma
http://www.phnompenhpost.com/business/travel-group-calms-visitors
Tuk-tuks to be solar-powered
Australian green energy company Star 8 has designed a solar-powered tuk-tuk and is in the process of building a factory in Cambodia to make the vehicles, according to a report in Australian newspaper The Age. The vehicles’ makers said the tuk-tuks will cost between A$2,000 (US$1,865) ...
Daniel de Carteret
http://www.phnompenhpost.com/business/tuk-tuks-be-solar-powered
Cambodian textile workers who supply UK clothing stores ‘starving’ and suffering 'mass faintings'
By the time London Fashion Week comes to a close, 58 high-end designers will have shown their collections. Rail-thin models will have walked the runways. Debate will have raged over size zero. In Cambodia, meanwhile, garment workers stitching clothes that supply the UK high street are ...
Tourists in Phnom Penh Find Novelty Among Demonstrations
Despite the demonstration at Freedom Park, razor-wire barricades, blocked streets and clashes between citizens and police in the past two days, it appears that the camp-in and security presence in the city are merely a novelty for some tourists. On Monday afternoon, one couple, Australians John ...
Matt Blomberg
http://www.cambodiadaily.com/elections/tourists-in-phnom-penh-find-novelty-among-demonstrations-42535/