Economy and commerce

Economic policy and administration

Direct flights start from Seoul to Sihanoukville

Skywings Asia Airlines completed its maiden voyage from Seoul to Sihanouk International Airport on Tuesday, marking the launch of seasonal direct charter flights between Sihanoukville and South Korea. The new service, which will run from July through August, will connect the beach resort to the large ...

George Styllis
http://www.cambodiadaily.com/business/direct-flights-start-from-seoul-to-sihanoukville-65284/

Cambodia's rubber exports up 91 pct in H1

Cambodia has seen a 91 percent rise in dry rubber exports in the first half of 2014 as revenue from the exports increased only 3 percent due to global decline of rubber prices. During the January-June period this year, the country exported 42,190 tons of dry ...

ASEAN-China Center News Staff
http://www.asean-china-center.org/english/2014-07/29/c_133518119.htm

Forestry revenues falling short

Rights groups have called on the government to increase tax rates for logging companies amid the latest domestic revenue figures. According to the Ministry for Agriculture, Forestry and Fisheries, timber exports produced $9.4 million in government tax revenue during the first half of the year, up ...

Chan Muyhong
http://www.phnompenhpost.com/business/forestry-revenues-falling-short

Tourists to Cambodia's Preah Vihear heritage site up 53 pct in first quarter

Cambodia’s world heritage Preah Vihear temple greeted 63,610 local and foreign visitors in the first half of 2014, up 53 percent over the same period last year, a report from the Preah Vihear provincial tourism department showed Tuesday. The temple welcomed about 56,870 local visitors and ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-07/29/c_133518016.htm

Gov’t gives telecom firms time to digest new draft law

The ministry of Posts and Telecommunications (MPTC) has postponed a two-day meeting with telecom firms to discuss a controversial draft law leaked to the Post last week, which details the government’s plan to assert control over the industry. A representative from one telecommunications provider who wished ...

Eddie Morton
http://www.phnompenhpost.com/business/gov%E2%80%99t-gives-telecom-firms-time-digest-new-draft-law

Cambodia Business Conference opens registration

Cambodia’s business community is anticipating keen interest from overseas investors as registration for the country’s international investment conference opens this week. The International Business Chamber (IBC) of Cambodia investment conference will take place on October 6th and 7th at the Intercontinental Hotel in Phnom Penh. The ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZjIyZDgyN2M0ZDQ

Workers clash: At factory in Kandal, fight over protest

Melees at a garment factory in Kandal province between striking workers and employees who are against the industrial action have left five people mildly injured. Employees at the Tae Young factory began striking a week ago, calling for two administrators at the plant to be fired, ...

Mom Kunthear
http://www.phnompenhpost.com/national/workers-clash-factory-kandal-fight-over-protest

Interested, but not yet committed

From the finance to the education sector, the interest from companies looking to list on Cambodia’s nascent stock exchange is on the rise, a CSX official said yesterday, after a meeting with some of the Kingdom’s largest firms. Some 30 companies, the CSX say, are eyeing ...

Daniel de Carteret and May Kunmakara
http://www.phnompenhpost.com/business/interested-not-yet-committed

On the march: Days-long strike shifts to district HQ

After striking for more than a week, employees at Phnom Penh’s Sun Well Shoes yesterday marched to Por Sen Chey district hall, demanding their voices be heard. Some 300 people marched from their Veng Sreng Boulevard factory with a list of seven demands, including the ...

Mom Kunthear
http://www.phnompenhpost.com/national/march-days-long-strike-shifts-district-hq

Minister lauds controversial sugar industry

Environment Minister Say Sam Al on Wednesday lauded the country’s controversial sugar industry and the jobs it has created, saying that companies operating in the sector need to be defended against the widespread criticism they have been receiving. Rights groups and the opposition CNRP have undertaken ...

Khuon Narim and Lauren Crothers
http://www.cambodiadaily.com/news/minister-lauds-controversial-sugar-industry-64810/

After deal, unions expect support

News of an end to a year-long political deadlock has labour union leaders believing the opposition party can bring their interests to parliament, but a lack of follow-through could cost the Cambodia National Rescue Party vital support from one of its key interest groups. Different union ...

Sean Teehan, Mom Kunthear and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/after-deal-unions-expect-support

Deadlock end lifts business spirits

Cambodia’s business community welcomed the news yesterday that the county’s longest-ever parliamentary deadlock had come to an end – a resolution investors say will help ease fears of political instability. The ruling Cambodian People’s Party and the opposition Cambodia National Rescue Party yesterday struck a deal ...

Eddie Morton and Daniel de Carteret
http://phnompenhpost.com/business/deadlock-end-lifts-business-spirits

Cambodia's Angkor artifacts to be exhibited in China

Eighty masterpieces from Cambodia’s renowned Angkor Wat Temple will be displayed in China for six months, aiming at promoting cultural ties between the two countries. Cambodian Minister of Culture and Fine Arts Phoeurng Sackona and Liu Shuguang, director general of the Chinese Academy of Cultural Heritage, ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/culture/2014-07/22/c_133502962.htm

Strike for a song: Employees ‘waste time on phones’

About 500 garment workers whose bosses have complained that they spend too much of their working day talking on the phone and listening to music protested outside their Kampong Speu factory yesterday, demanding better working conditions. ...

Pech Sotheary
http://www.phnompenhpost.com/national/strike-song-employees-%E2%80%98waste-time-phones%E2%80%99

Vietnam island airport opens flights to Singapore, Cambodia

Vietnam Airlines will launch new international routes on November 1, connecting the Kien Giang Province’s Phu Quoc airport to Singapore and Cambodia. The Phu Quoc – Singapore route will carry two flights a week and the Phu Quoc – Siem Riep route will carry three flights ...

Thanh Nien Daily News Staff
https://www.google.com.kh/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=+Cambodia&tbm=nws

Raid of illegal gaming sites snares seven

Police in Phnom Penh’s Daun Penh district took part in a sting target took part in a sting targeting illegal computer gaming locations yesterday, arresting seven people and seizing 71 illicit machines across three locations in Phsar Thmey III village. ...

Kim Sarom
http://phnompenhpost.com

Italy demands ‘fairer’ rice deal

Italy has demanded that the European Union restrict Cambodia’s duty-free import status, as concerns over the survival of that country’s rice sector appear to be reaching a fever pitch. According to rice industry website Oryza, the Italian government has officially submitted a request to the EU ...

Eddie Morton
http://www.phnompenhpost.com/business/italy-demands-%E2%80%98fairer%E2%80%99-rice-deal

Cambodia sees 16 pct rise in garment, footwear exports in 6 months

Garment and footwear industry, Cambodia’s largest income earner, saw a 16 percent increase in exports in the first six months of 2014, according to a commerce ministry’s report on Sunday. The country exported apparel and footwear products worth 2.92 billion U.S. dollars during the January-June period ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-07/20/c_133497592.htm

Cambodia denies allowing China's Taiwan to open representative office

Cambodia on Friday afternoon issued a statement to reject a news report that the country had given approval to China’s Taiwan to open a trade center in its territory. According to the statement posted on its website, the Cambodian Ministry of Foreign Affairs and International Cooperation ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-07/18/c_133494396.htm

Employers snub talks over wages

Management at Ocean Garment factory yesterday flouted a Ministry of Labour invitation to sit at the negotiating table with employees protesting the factory’s refusal to abide by an Arbitration Council decision in their favour. ...

Mom Kunthear
http://www.phnompenhpost.com/national/employers-snub-talks-over-wages

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