Industries
Cambodia's garment, footwear exports up 12.6 pct in 7 months
Garment and footwear industry, Cambodia’s largest income earner, reported a 12.6 percent rise in exports in the first seven months of 2014, according to the data of the Ministry of Commerce on Thursday. The country exported apparel and footwear products worth 3.47 billion U.S. dollars during ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-09/25/c_133672486.htm
Prey Veng workers protest for Pchum Ben advance
About 1,000 workers protested outside the Chinese-owned Komchay Mear Trading factory in Prey Veng province on Saturday morning after managers refused to give them a government-mandated salary advance for the Pchum Ben holiday, officials and unionists said on Sunday. The protest was short-lived, however, ending Saturday ...
Ben Sokhean
http://www.cambodiadaily.com/news/prey-veng-workers-protest-for-pchum-ben-advance-68283/
Inditex, H&M agree to pay more for clothes from Cambodia
Fashion brands, including Europe’s biggest clothing retailer Inditex SA (ITX) and Hennes & Mauritz AB (HMB), said they are willing to pay more for clothes made in Cambodia, backing a trade union campaign for higher wages. The chains are among eight clothing retailers that include Next Plc (NXT) and Primark that have ...
Gabi Thesing
http://www.bloomberg.com/news/2014-09-19/inditex-h-m-agree-to-pay-more-for-clothes-from-cambodia.html
Fired factory workers refuse severance, vow more protests
More than 5,000 employees of the Juhui Footwear Factory in Kompong Cham province who were fired on Tuesday after joining strikes to demand bonus pay and better benefits Wednesday rejected their severance packages and vowed to continue protesting. “We reject the full severance pay because we ...
Ben Sokhean
http://www.cambodiadaily.com/news/fired-factory-workers-refuse-severance-vow-more-protests-68171/
Asia Pacific travel trade show kicks off in Cambodian capital
The Asia Pacific region’s largest travel trade show–PATA Travel Mart 2014–kicked off at Diamond Island here on Wednesday evening, aiming to promote tourism industry. The 3-day PATA (Pacific Asia Travel Association) Travel Mart 2014 brought together more than 1,000 delegates from over 60 countries and regions ...
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=241476
Workers start wage battle a day early
About 1,000 workers from a Phnom Penh footwear factory got an early start on Tuesday on a cross-union campaign for a $177 minimum wage, set to start today, protesting in front of their factory over internal workplace grievances. ...
Mech Dara
http://www.cambodiadaily.com/news/workers-start-wage-battle-a-day-early-68119/
Thousands of workers go on strike in Prey Veng
Some 3,000 workers protested in front of a garment factory in Prey Veng province Monday, calling for larger bonuses and better working conditions, according to unionists and factory representatives. Employees of the Chinese-owned Komchay Mear Trading factory, which produces clothing for U.S. brand Gap, have been ...
Ben Sokhean
http://www.cambodiadaily.com/news/thousands-of-workers-go-on-strike-in-prey-veng-68069/
Audi opens dealership in capital
Automotive Asia (Cambodia), the only authorised dealer of Audi vehicles in Cambodia, opened its first showroom in Phnom Penh yesterday. The 2,000-square-metre showroom on Monivong Boulevard currently holds just two of the German carmaker’s models, the Q7 and the A8L, with prices ranging between $135,000 and ...
Hor Kimsay
http://phnompenhpost.com/business/audi-opens-dealership-capital
Cambodia plans to allow locals in national casinos
The government of Cambodia is considering to allow local citizens to gamble in casinos. Currently, only foreigners are allowed to gamble in the country’s local casinos. According to an official from Cambodia’s Ministry of Economy and Finance, the government is considering to lift the restrictions on local residents, since ...
Jason Glatzer
http://www.pokernews.com/news/2014/09/cambodia-to-allow-locals-in-casinos-19284.htm
Shangdong Air expands to Cambodia
China’s Shandong Airlines is planning to launch direct flights between Shandong province and Phnom Penh, Cambodia. Cambodia’s State Secretariat for Civil Aviation spokesman, Sin Chansereyvutha, told local media that the flights are pending approval from the SSCA. If approval is granted in time, the airline will link ...
Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/09/shangdong-air-expands-to-cambodia/
Cambodia can gain a decent share in Chinese rice import market, say experts
A U.S. based agriculture consultancy firm has urged Cambodia rice exporters to focus on promoting their exports to the Chinese market as it has a huge untapped potential for more imports in the future, according to local sources. ...
Oryza News Staff
http://www.oryza.com/news/rice-news/cambodia-can-gain-decent-share-chinese-rice-import-market-say-experts
Cambodia receives 2.54 mln foreign tourists in 7 months, up 4.5 pct
Cambodia had attracted some 2. 54 million international visitors in the first seven months of 2014, up 4.5 percent compared to the same period last year, the latest tourism report showed Friday. Kong Sopheareak, chief of the Tourism Ministry’s Statistics and Planning Department, said Vietnam, China, ...
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=240762
Cambodia holds construction, property expo as construction sector booms
An international construction and property exhibition kicked off here, in the capital city of Cambodia, on Wednesday as the country’s construction continued enjoying strong growth, officials said. Andrew Siow, chief executive officer of AMB Event-Cambodia, which organized the expo at the capital’s Diamond Island Exhibition Center, ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-09/10/c_133632913.htm
After mass firing, union considers new protests
More than 100 workers who were fired by a Taiwanese-owned garment factory this week for striking over demands for further benefits will meet with union leaders “as soon as possible” to discuss potentially launching protests, a union representative said Tuesday. The workers were fired by the ...
Ben Sokhean
http://www.cambodiadaily.com/news/after-mass-firing-union-considers-new-protests-67806/
Mass firing at Xin Fang factory
In a mass firing the scale of which has not been seen since January, Phnom Penh’s Xin Fang garment factory yesterday terminated 106 employees for protesting in front of the factory. Management at the Por Sen Chey district factory on Thursday already sacked nearly 30 striking ...
Mom Kunthear
http://phnompenhpost.com/national/mass-firing-xin-fang-factory
Estimated $900k damage after factory blaze
The cost of a blaze that ripped through a backpack factory in Phnom Penh’s Dangkao district last Tuesday amounted to almost $1 million, an administrator at the factory said Monday. ...
Sek Odom
http://www.cambodiadaily.com/news/estimated-900k-damage-after-factory-blaze-67745/
Proposal aims to bring workers’ voices to negotiating table
A proposed project hopes to channel the widespread use of mobile phones among factory workers to bring the voice of the 600,000 Cambodians employed in the crucial garment sector into future wage negotiations. The project, which would collect information about working hours, conditions, wages and expenses ...
Lauren Crothers
http://www.cambodiadaily.com/news/proposal-aims-to-bring-workers-voices-to-negotiating-table-67629/
First half sees values spike for prime residential areas
Property prices in Phnom Penh’s prime residential locations increased by 13.7 per cent in the first half of 2014, while prime office development land prices increased by 7.6 per cent, according to Knight Frank Prime Asia Development Land Indices. Ross Wheble, the independent global property consultancy’s ...
Sum Manet
http://phnompenhpost.com/real-estate/first-half-sees-values-spike-prime-residential-areas
Cambodian labor unions lower minimum wage demands
Cambodian labor unions this week lowered their demands for a 60 percent increase to the country’s $100 minimum wage, as talks loom next month on setting a new wage.Unions agreed to call for $150 a month during a meeting with officials from the Garment Manufacturers’ ...
Lauren Crothers
http://www.turkishweekly.net/news/171407/cambodian-labor-unions-lower-minimum-wage-demands.html
US real estate giant Century 21 opens Cambodia office
California-based real estate firm Century 21 enters the emerging Cambodian property market with today’s formal opening of its local operations in the country. According to Goos, the local franchise of Century 21 would concentrate on foreign buyers, especially on selling new condominiums, to avoid competing ...
Property Report News Staff
http://www.property-report.com/us-real-estate-giant-century-21-opens-cambodia-office-36243
Gov’t urges sauce makers to increase iron content
Manufacturers of soy and fish sauces should fortify the products with iron in order to improve Cambodians’ health, government officials said yesterday. During a workshop on iron fortification, Sat Samy, secretary of state at the Ministry of Industry and Handicrafts, called on producers to help combat ...
Kang Sothear
http://www.cambodiadaily.com/news/govt-urges-sauce-makers-to-increase-iron-content-67579/
Factory at center of January strikes under review
The Yakjin Trading Corporation, a South Korean company whose factory was at the center of major demonstrations earlier this year, has begun a review of its operations. ...
Heng Reaksmey
http://www.voacambodia.com/content/factory-at-center-of-january-strikes-under-review/2439828.html
Cash-strapped S’ville casino looks to expand
The Israeli gaming firm behind Sihanoukville’s Queenco Casino is seeking investors to expand its operations in the seaside town, according to a report released by the company last week, but after six months of “cash flow distress” and losses of more than $1 million, those ...
George Styllis
http://www.cambodiadaily.com/business/cash-strapped-sville-casino-looks-to-expand-67596/
Cambodia set to take second go at rice bid
Despite failing in its latest attempt to win the Philippine government’s bid to import rice, Cambodia will once again throw its hat into the ring when the offer is reissued, industry representatives said yesterday. ...
Chan Muyhong
http://phnompenhpost.com/business/cambodia-set-take-second-go-rice-bid