Industries
Cambodian parliament panel chief questions management of Angkor Wat revenue
A parliamentary commission leader wants Cambodia’s tourism ministry to manage revenue generated by the country’s iconic Angkor Wat temple complex, amid concerns that the government is losing money by retaining a private company to oversee ticket sales. A quasi-government group, Apsara Authority, which is responsible ...
Roseanne Gerin
http://www.rfa.org/english/news/cambodia/angkor-wat-11192014172942.html
Most are OK with the new wage, not all
After meeting with members, several labour union leaders yesterday said that they will not hold protests against the government-set garment industry minimum wage for 2015. Minister of Labour Ith Sam Heng last week approved $128 as 2015’s minimum monthly wage in Cambodia’s garment sector. The increase, ...
Mom Kunthear
http://phnompenhpost.com/national/most-are-ok-new-wage-not-all
Garment union will not protest wage
One of Cambodia’s most prominent garment worker unions, which had battled for a $140 minimum monthly wage in the sector, has decided not to hold street protests against the $128 figure decided by the government on Wednesday. ...
Chhay Channyda
http://phnompenhpost.com/post-weekend/garment-union-will-not-protest-wage
Permits given for $2b of projects this year
Figures from the Ministry of Land Management, Urban Planning and Construction show that more than $2 billion worth of Cambodian construction projects have been given the green light so far this year. ...
Hin Pisei
http://phnompenhpost.com/real-estate/permits-given-2b-projects-year
GTI price resilient over strikes
It’s been a testing month for Taiwanese garment manufacturer Grand Twins International (GTI), with recurring worker demonstrations and a new sector-wide minimum-wage level set just this week. But despite the turbulence, GTI stock – one of just two companies trading on the Cambodian Stock Exchange (CSX) ...
Eddie Morton
http://phnompenhpost.com/business/gti-price-resilient-over-strikes
New pier to attract tourists
Kampot province’s City Hall yesterday revealed plans for a new passenger pier to siphon more coastal tourism business from Thailand and Vietnam. Sim Vuthea, administrative director of Kampot City Hall, said the new $40 million passenger pier, which will be funded by the Asian Development Bank ...
Chan Muyhong
http://phnompenhpost.com/business/new-pier-attract-tourists
Cambodia sets minimum wage below union demands
Cambodia on Wednesday increased the monthly minimum wage for garment workers by 28% to $128, falling short of union workers’ demands and creating the potential for further strikes in the country. Ath Thun, president of the Coalition of Cambodian Apparel Workers’ Democratic Union, said the ...
James Hookway and Sun Narin
http://online.wsj.com/articles/cambodia-sets-minimum-wage-below-union-demands-1415789944
Cambodia to raise monthly minimum wage for garment workers to 123 USD for 2015
Cambodia on Wednesday decided to increase the monthly minimum wage in the garment sector to 123 U.S. dollars, up 23 percent from the current 100 U.S. dollars, Labor Minister Ith Samheng said. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-11/12/c_133784394.htm
Cambodia raises garment wage, but unions say not enough
Cambodia on Wednesday raised the controversial monthly minimum wage for garment workers by 28 percent, a decision likely to infuriate unions seeking a higher increase and revive calls for strike action. Sixteen members of the Labour Ministry’s Labour Advisory Committee voted for the government-proposed minimum ...
World Bulletin News Staff
http://www.worldbulletin.net/economy/148209/cambodia-raises-garment-wage-but-unions-say-not-enough
No boycott: Union meet could decide wage today
Independent labour unions will take part in the Ministry of Labour’s Labour Advisory Committee (LAC) meeting today, possibly making their decision on next year’s minimum wage in Cambodia’s garment sector. NIFTUC and the Coalition of Cambodian Apparel Workers’ Democratic Union (C.CAWDU) considered boycotting the LAC ...
Sean Teehan
http://phnompenhpost.com/national/no-boycott-union-meet-could-decide-wage-today
New lotto company enters a shrinking industry
A Hong Kong company is hoping to attract a sizeable slice of Cambodia’s lottery market with the opening of outlets in Phnom Penh and around the country next month, according to the CEO of the firm’s local subsidiary. EGame Solutions, the parent company of Cambodian Mark ...
George Styllis
http://www.cambodiadaily.com/business/new-lotto-company-enters-a-shrinking-industry-72046/
EGA posts drop in Q3 gaming revenue
Entertainment Gaming Asia (EGA), a subsidiary of Macau-based gaming giant Melco, posted year-on-year losses at the end of the third quarter on the back of poor player numbers at the company’s NagaWorld operations. ...
Eddie Morton
http://phnompenhpost.com/business/ega-posts-drop-q3-gaming-revenue
Grand Twins workers to strike anew
Striking workers at Cambodia’s only publicly listed garment factory yesterday said about 5,000 employees will hold a demonstration at the Phnom Penh business tomorrow after failing to achieve their demands. ...
Mom Kunthear and Sean Teehan
http://phnompenhpost.com/national/grand-twins-workers-strike-anew
Cambodia to discuss garment sector wages next week
A Cambodia government-appointed Labour Advisory Committee (LAC) may decide on a new minimum monthly wage for garment sector workers when it meets next week, just-style has been told. The committee is due to meet on Wednesday (12 November), when it will discuss whether to increase the ...
Poorna Rodrigo
http://www.just-style.com/news/cambodia-to-discuss-garment-sector-wages-next-week_id123496.aspx
Cambodia receives 3.2 million foreign tourists in Jan-Sep
Around 3.2 million foreign tourists visited Cambodia in the first nine months of the year, a five percent rise from 3.05 million over the same period last year. The majority of tourists came from Vietnam, China, South Korea, Laos and Thailand, Xinhua news agency reported. ...
Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=1082990
Housing loans up in Cambodia but down in Singapore
Two of the biggest real estate lenders in Cambodia and Singapore this week reported big movements in housing loans in their respective domestic markets. Cambodia’s Acleda Bank saw housing loans jump by 22 percent in the first quarter, year-on-year, and attributed this handsome growth to better ...
Property Report News Staff
http://www.property-report.com/housing-loans-up-in-cambodia-but-down-in-singapore-36957
Evalliance & GMAC sign MoU to support Cambodian garments
The French textile and garment association (Evalliance) has entered into an agreement with the Garment Manufacturers Association of Cambodia (GMAC) to promote the Cambodian textile and garment industry. ...
Fibre2fashion News Staff
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=168702
Tourism Min joins hands with Cambodia to facilitate cross-border travels
The Thai Ministry of Tourism and Sports is set to form a joint working team with Cambodia in a bid to devise measures for promoting cross-border tourism. Tourism and Sports Minister Kobkarn Wattanavrangkul disclosed that the ministry and related officials from Cambodia are preparing to ...
National News Bureau of Thailand News Staff
http://thainews.prd.go.th/centerweb/newsen/NewsDetail?NT01_NewsID=WNECO5711060010010
GMAC urges Rong Chhun to stop accusing it of bribing
Garment Manufacturers Association in Cambodia (GMAC) has asked Rong Chhun, president of the Cambodian Confederation of Union, to remove his statement issued on October 28, saying that the statement is not true. ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/gmac-urges-rong-chhun-to-stop-accusing-it-of-bribing-7603
Grand twins workers go back on strike despite court order
About 5,000 workers from the Grand Twins International (GTI) garment factory in Phnom Penh who have been striking over wages and working conditions briefly returned to their stations Thursday in compliance with a court order, but resumed protesting the next day after rumors spread that ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/news/grand-twins-workers-go-back-on-strike-despite-court-order-71703/
Cambodian garment unions threaten strike after wage demand is voted down
Cambodian unions have warned of possible strikes after a tripartite working group voted down their demand for a U.S. $40 increase in the monthly minimum wage for garment factory workers. Twenty-seven representatives of unions, factory owners and the government decided in a secret vote in Phnom ...
Roseanne Gerin
http://www.rfa.org/english/news/cambodia/garment-workers-wages-10302014185252.html
Factory fight: Man faints after shock of charges
One of five garment workers facing charges after a clash with security forces and other workers at a Kampong Cham footwear factory last month was hospitalised after fainting in prison. ...
Mom Kunthear
http://www.phnompenhpost.com/national/factory-fight-man-faints-after-shock-charges
UXO injuries, deaths up in ’14
Landmine casualties more than doubled in the first eight months of this year compared to the same period in 2013, according to officials, who are pointing to the wider use of industrial agricultural equipment – such as tractors – as the reason for the uptick ...
Sean Teehan
http://www.phnompenhpost.com/national/uxo-injuries-deaths-14
Court places two more union heads under supervision
Five of the six union leaders accused of alleged criminal activity during nationwide garment worker strikes and demonstrations in December and January are now under judicial supervision after two more of the group appeared before the Phnom Penh Municipal Court on Friday. ...
Mech Dara
http://www.cambodiadaily.com/news/court-places-two-more-union-heads-under-supervision-71584/