Industries
Kampong Speu garment workers continue strike
Protesting working conditions, nearly 300 garment workers in Kampong Speu’s Chbar Mon town entered their tenth day of strikes yesterday as the Arbitration Council prepared paperwork to resolve the dispute. ...
Pech Sotheary
http://www.phnompenhpost.com/national/kampong-speu-garment-workers-continue-strike
Gov't denies factory closure rumours
The Ministry of Labour has urged the arrest of the “mastermind” behind an apparently spurious rumour spreading across shop floors that garment factories would close their doors for the entire month of December. ...
Mom Kunthear
http://www.phnompenhpost.com/national/govt-denies-factory-closure-rumours
Cambodia in two weeks
Infrastructure in Cambodia is not as well developed as in neighbouring Thailand and Vietnam, and floods and poor roads make travel challenging during the monsoon season, from May to October, but cheap frequent bus services, a good domestic airline and easygoing locals make travelling here ...
Myanmar Times News Staff
http://www.mmtimes.com/index.php/lifestyle/travel/17871-cambodia-in-two-weeks.html
Star Vegas casino turns profit as VIPs chip in
A new VIP gambling room at the Star Vegas Resort and Club casino in Poipet raked in nearly $700,000 in revenue during its first full month of operation, its management announced yesterday.Joey Lim, managing director of Australian casino operator Donaco International Ltd, said the new ...
Cam McGrath
http://www.phnompenhpost.com/business/star-vegas-casino-turns-profit-vips-chip
For festival, any water will do
This year’s subdued Water Festival festivities in the capital, where traditional boat races were cancelled, has resulted in a bump in tourism in the provinces as Cambodians use the three-day holiday to visit their families, enjoy cultural activities and lounge on beaches.“It was unusually quiet ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/festival-any-water-will-do
Festival boats off to the races in Siem Reap
By 8 a.m. on Tuesday, ornately decorated boats were already gliding down the Siem Reap River while other paddlers lounged on its shaded banks in preparation for the races at the center of this year’s biggest Water Festival celebration. ...
Buth Kimsay and George Wright
https://www.cambodiadaily.com/news/festival-boats-off-to-the-races-in-siem-reap-101242/
Private companies warned on beach access
The government has vowed to crack down on coastal hotels and resorts that have restricted public access to beaches or constructed illegal encroachments within 50 metres of the shoreline.Tourism Minister Thong Khon warned yesterday that his ministry will give private companies a deadline to remove ...
Sor Chandara
http://www.phnompenhpost.com/business/private-companies-warned-beach-access
Chinese developer signs $1.5 billion MOU with Royal Group
Cambodian conglomerate Royal Group yesterday signed a $1.5 billion memorandum of understanding with Chinese conglomerate Herun Group to establish a real estate development company in Cambodia, invest in other sectors, and possibly list units of Royal Group on stock exchanges in China, executives from the ...
Sok Chan
http://www.khmertimeskh.com/news/17986/chinese-developer-signs--1-5-billion-mou-with-royal-group/
Housing boom prompts calls for more lending, bubble warning
With the real-estate boom entering its fourth year banks and developers are eager to expand credit to the sector, though regulators say they are monitoring lending for real estate for signs of a bubble and are taking preemptive measure to minimize risks that could affect ...
May Kunmakara
http://www.khmertimeskh.com/news/17987/housing-boom-prompts-calls-for-more-lending--bubble-warning/
Ministry orders unlicensed Chinese firms to suspend work
Officials say a pair of Chinese companies have started construction on two residential building projects in Phnom Penh’s Chamkar Mon district without proper authorization and have ordered them to cease work immediately. ...
Ouch Sony
https://www.cambodiadaily.com/news/ministry-orders-unlicensed-chinese-firms-to-suspend-work-100992/
North park condominiums unveiled
The curtain was pulled back Sunday on Royal Group’s latest development – North Park Condominium. The real estate project comprises three nine-story condominium buildings spread over 13 hectares in Sen Sok district. ...
Sum Manet
http://www.khmertimeskh.com/news/17985/north-park-condominiums-unveiled/
Cambodia okays LYP Group casinos' online gambling sites
Cambodia has given permission for three L.Y.P. Group casinos to launch online gambling operations.The L.Y.P. Group, which is run by Cambodian People’s Party Senator Ly Yong Phat, operates three casinos on the country’s border with Thailand; the Koh Kong Resort on the country’s southern coast, ...
Steven Stradbrooke
http://calvinayre.com/2015/11/19/casino/cambodia-okays-lyp-group-casino-online-gambling-sites/
Boat racing not banned during water festival: PM
Prime Minister Hun Sen said in a Facebook post on Wednesday that boat racing will be allowed during next week’s water festival, but that the races would not be officially overseen. ...
Ouch Sony
https://www.cambodiadaily.com/news/boat-racing-not-banned-during-water-festival-pm-100804/
India promises again not to build Angkor Wat replica
The Ministry of Foreign Affairs has once again reaffirmed that no replica of Angkor Wat will be built in India, following swift condemnation of the idea by the government. ...
Srey Kumneth
http://www.khmertimeskh.com/news/17908/india-promises-again-not-to-build-angkor-wat-replica/
Project aims to spur compliance in tourism sector
With the government placing tourism at the center of efforts to diversify and grow the country’s economy, a French development organization launched a project on Tuesday to encourage companies operating in the sector to comply with labor laws. ...
Meghan Tribe
https://www.cambodiadaily.com/news/project-aims-to-spur-compliance-in-tourism-sector-100665/
Auto show delayed by timing difficulties
The Kingdom’s flagship automobile exhibition, scheduled to open on Thursday, has been postponed until early next year, its organisers confirmed yesterday.The Phnom Penh International Auto Show, also known as CAMAUTO, is the largest annual industry event for authorised automobile distributors, parts suppliers and service providers ...
Sor Chandara
http://www.phnompenhpost.com/business/auto-show-delayed-timing-difficulties
Cambodia approves draft union law amid criticism
Cambodia’s government is moving forward in adopting a controversial law on trade unions, despite opposition from labour rights groups and garment manufacturers. Latest figures show Cambodia’s garment and footwear exports in the first six months of 2015 reached US$3 bn, a rise of 12.7% on ...
Leonie Barrie
http://www.just-style.com/news/cambodia-approves-draft-union-law-amid-criticism_id126630.aspx
Vietnamese tourists released after drone flies near palace
Three Vietnamese tourists were briefly detained on Saturday for flying a drone over the Royal Palace in Phnom Penh, a week after a Hong Kong national was similarly arrested and released without charge for the same offense. ...
Ouch Sony
https://www.cambodiadaily.com/news/vietnamese-tourists-released-after-drone-flies-near-palace-100359/
Chinese leave Sihanoukville en masse following bust
Hotel and casino owners in Sihanoukville claim they have suffered immense losses and risk bankruptcy after Chinese investors, workers and tourists left the coastal city en masse following last month’s police arrest and extradition of 168 Chinese nationals accused of operating a transnational telecom extortion ...
Sor Chandara and Ayanna Runcie
http://www.phnompenhpost.com/business/chinese-leave-sihanoukville-en-masse-following-bust
Developer adds touch of nature in luxury condo project
One of the country’s fastest-growing developers, Orkidé Villa, is making a move for a share of the premium condominium market with a $350 million condo and mall project that will cover a 36-hectare area of Sen Sok district adjacent Street 2004, it announced this ...
Sum Manet
http://www.khmertimeskh.com/news/17765//
NagaCorp sits out South Korean casino offering
NagaCorp, the Hong Kong stock exchange-listed parent company of NagaWorld, is not bidding for a South Korean casino permit, the company said in a filing to the exchange. ...
Post Staff
http://www.phnompenhpost.com/business/nagacorp-sits-out-south-korean-casino-offering
Minister orders governors to end illegal construction
Minister of Urban Planning and Construction Im Chhun Lim ordered all governors to check construction sites in their provinces to ensure that none are encroaching on public land, and to take action against those that do. ...
May Titthara
http://www.khmertimeskh.com/news/17744/minister-orders-governors-to-end-illegal-construction/
With soaring prices, local developers shift away from BKK1
The real estate market in the BKK1 area appears to be beginning to slow after years of accelerated growth as local investors look for more affordable alternatives within Phnom Penh.Seng Bunna, CEO of Bunna Realty Group, said that while the history of BKK1’s foreign-oriented growth ...
Siv Meng
http://www.phnompenhpost.com/real-estate/soaring-prices-local-developers-shift-away-bkk1
Borey supply increased 15 per cent this year
In the current state of relative political stability and strong economic growth while the earning potential of Cambodians increases, the overall supply of Borey housing has risen by 15 per cent compared to the same time last year, a recent study has found. ...
Siv Meng
http://www.phnompenhpost.com/real-estate/borey-supply-increased-15-cent-year