Economy and commerce
Investment
Still much to learn about Times Centre
Construction on Times Centre’s three skyscrapers near Olympic Stadium will commence early this year, but little is known about several key aspects of the project, including the company behind the project. The Times Centre project, which will incorporate retail and office space with 1,000 condominium ...
Siv Meng
http://www.phnompenhpost.com/real-estate/still-much-learn-about-times-centre
As Strikers Return to Work, Factories Sue Garment Unions
As garment workers continued to return to their factories Wednesday after several days of strikes that turned deadly last week, some of their employers have wasted no time in suing the unions behind the strikes, demanding compensation. Phnom Penh Municipal Court chief clerk Prak Savouth said ...
Aun Pheap and Zsombor Peter
http://www.cambodiadaily.com/news/as-strikers-return-to-work-factories-sue-garment-unions-50360/
Vietnamese Shops Worry Over Possible Violence
Vietnamese business owners and managers in Phnom Penh on Tuesday said they were concerned their shops could become potential targets of ethnically motivated violence as anti-Vietnamese sentiment among protesters increases, but added they would continue to operate as normal—for now. In recent weeks, there has ...
Ben Sokhean and Joshua Wilwohl
http://www.cambodiadaily.com/business/vietnamese-shops-worry-over-possible-violence-50301/
Unions Tell Garment Workers to Suspend Strike
Unions behind last week’s garment factory strikes said their members had largely gone back to work this week, although they have not ruled out resuming protests for a higher minimum wage later this month. Tens of thousands of workers went on strike starting on December 24 ...
Aun Pheap
http://www.cambodiadaily.com/news/unions-tell-garment-workers-to-suspend-strike-50299/
Cambodia's industry loses 275 mln USD due to outlawed protests
Cambodia’s garment and shoe industry has lost roughly 275 million U.S. dollars due to outlawed garment strikes in the past two weeks, Van Sou Ieng, President of the Garment Manufacturers Association in Cambodia (GMAC), said Monday. The garment and shoe industry comprise more than 900 ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/06/c_133022880.htm
Borei Keila Families Mark Anniversary Of Eviction
About 100 former residents of the Borei Keila community on Friday morning marked their violent eviction two years ago by authorities from their former neighborhood and demanded that their homes be rebuilt. “We are the families of Borei Keila, and with this ceremony we mark the ...
Sek Odom
http://www.cambodiadaily.com/news/borei-keila-families-mark-anniversary-of-eviction-50070/
Cambodia says outlawed strikes adversely affect investment climate
Cambodian Ministry of Labor said Friday that outlawed strikes have frightened employers and worsened investment climate in the country. “The ministry calls for the (opposition) Cambodia National Rescue Party and six trade unions to immediately stop inciting workers to commit violence, road blockade, and destruction of ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/03/c_133017093.htm
Cambodia’s GMAC says factory closures continue due to ongoing strikes
The Garment Manufacturers Association in Cambodia (GMAC) said Thursday most of its 559 factories would continue to be closed due to security concerns after six pro-opposition trade unions led striking workers to destroy factories’ properties and forced workers to join their protests. “Because of the current ...
NZ Week News Staff
http://www.nzweek.com/world/cambodias-gmac-says-factory-closures-continue-due-to-ongoing-strikes-107149/
Four Dead in Cambodia Garment Strike
A weeklong strike by Cambodian garment workers turned deadly Friday as police shot and killed at least four people and wounded several others in an attempt to break up a protest for higher wages. The violence came after weeks of escalating political and labor unrest marked ...
Chun Han Wong and Sun Narin
http://online.wsj.com/news/articles/SB10001424052702304325004579297511167310046
Hitachi Sunway Making Inroads Into Cambodia
A Malaysia-Japan joint-venture company, Hitachi Sunway Information Systems Sdn Bhd, is making a foray into Cambodia after securing a deal with Aeon Co to supply point-of-sales (POS) systems to the Japanese retailer. The POS systems will be used to facilitate transactions for the tenants of the ...
Malaysian Digest News Staff
http://www.malaysiandigest.com/business/483263-hitachi-sunway-making-inroads-into-cambodia.html
Striking Workers Refuse Government Offer in Wage Dispute
Union leaders and striking workers on Wednesday said they would not agree to a minimum wage of $100 per month and would continue demonstrations until a higher wage is set. Government officials say they are willing to raise the minimum wage from $80 to $100 ...
Kong Sothanarith
http://www.voacambodia.com/content/striking-workers-refuse-government-offer-in-wage-dispute/1821569.html
Cambodian Military Cracks Down on Striking Garment Workers
Cambodia’s capital on Thursday, arresting five monks and 10 others in a display of force that has been described by a rights group as unprecedented. The soldiers from Special Command Unit 911 were deployed to crush the demonstration over minimum wages near the Yak Jin ...
Radio Free Asia News Staff
http://www.rfa.org/english/news/cambodia/strike-01022014190125.html
ILO Urges Cambodia's Garment Unions, Manufacturers To Resolve Dispute
Concerned about ongoing protests in Cambodia which have virtually shut down the garment industry, the United Nations labor agency has called for an end to violence and destruction of property, as well as the swift reopening of the factories. “The risks arising out of the current ...
RTT News Staff
http://www.rttnews.com/2246156/ilo-urges-cambodia-s-garment-unions-manufacturers-to-resolve-dispute.aspx?type=gn&utm_source=google&utm_campaign=sitemap
Chinese company plans to invest USD 200 millions in Cambodia
A Chinese company, Chong Chi Khong Group, is planning to invest USD 200 millions in several projects in Cambodia during the first five years, said its CEO. Chang Chi Yong said his company is willing to invest in several projects such as dry port, special ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NGFiMGI1NDc0ZmU
Construction on submarine cable yet to begin
Web surfers and social-media addicts will have to hold out longer in the wait for Cambodia to boost its internet speeds, as construction on the Kingdom’s first submarine internet cable is behind schedule. Paul Blanche-Horgan, CEO of Ezecom, Cambodia’s largest internet provider, confirmed yesterday that the ...
Eddie Morton
http://www.phnompenhpost.com/business/construction-submarine-cable-yet-begin
Negotiations Fail as Worker, Opposition Protests Continue
Tens of thousands of workers protested in front of the Ministry of Labor on Monday, after negotiations between labor leaders and the government failed to find a resolution to demands of higher wages in the face of a rising cost of living. Labor Minister Ith ...
Kong Sothanarith
http://www.voacambodia.com/content/negotiations-fail-as-worker-opposition-protests-continue/1820038.html
New Tuol Kok Mall to Add to District’s Growth
A new open-air mall sporting high-end luxury shops and restaurants in Phnom Penh’s Tuol Kok district is the latest expansion of the suburban neighborhood, though widespread commercialization of the area could still take years, property executives said Monday. The mall, called TK Avenue, opened Friday at ...
Joshua Wilwohl and Sek Odom
http://www.cambodiadaily.com/business/new-tuol-kok-mall-to-add-to-districts-growth-49777/
Gov’t Unveils Legal Plan to Break Garment Industry Strike
As mass demonstrations by garment factory workers continued Monday, the government laid out plans to bring an end to the labor unrest within the next three days, including suing union leaders in the courts and mobilizing security forces to take unspecified action. Signed by Council ...
Aun Pheap and Colin Meyn
http://www.cambodiadaily.com/news/govt-unveils-legal-plan-to-break-garment-industry-strike-49763/
Cambodian deputy PM leads delegation to China for bilateral meeting
Cambodian Deputy Prime Minister and Foreign Minister Hor Namhong will lead a group of senior officials representing relevant ministries to attend the first meeting of Cambodia-China Intergovernmental Coordination Committee to be held from Jan. 1 to 3 in Beijing. The Cambodian Ministry of Foreign Affairs said ...
People's Daily Online News Staff
http://english.peopledaily.com.cn/90883/8499809.html
Protesters take aim at prices
Tuk-tuk, motorbike and taxi drivers were among hundreds of workers from Cambodia’s “informal economy” who called on the government yesterday to cap fuel prices at 4,000 riel ($1) per litre, amid claims that the current 5,000 riel price leaves them unable to cover any more ...
Hor Kimsay
http://www.phnompenhpost.com/business/protesters-take-aim-prices
Factories Closed Until Safety Guaranteed
The Garment Manufacturers Association of Cambodia (GMAC) on Sunday said all of the country’s 400-plus garment factories will remain closed until the government and striking trade unions can guarantee the safety of the factories and all employees who want to work. The decision, outlined in an ...
Aun Pheap
http://www.cambodiadaily.com/news/factories-closed-until-safety-guaranteed-49749/
Cambodians rally to demand PM's resignation
Tens of thousands of Cambodian opposition supporters, backed by striking garment-factory workers, rallied on Sunday to demand long-serving Prime Minister Hun Sen step down and call an election. The garment workers have in recent days joined the opposition protests to press their demand that the government ...
Prak Chan Thul
http://www.reuters.com/article/2013/12/29/us-cambodia-protest-idUSBRE9BS03P20131229
Cambodia Factories Grapple With Issue of Underage Workers
SIHANOUKVILLE, Cambodia—In this quiet beach town, Lim Loeung says she spends up to 80 hours a week gluing soles onto shoes at a factory that does work for companies including Japanese sneaker-maker Asics Corp. 7936.TO +0.95% The factory believes Ms. Lim is at least 18 ...
Kate O' Keeffe
http://online.wsj.com/news/articles/SB10001424052702303799404579287353595133592
Cambodian PM encourages local businesses to invest in his country
PM Hun Sen made the statement at a meeting with Vietnamese investors in Ha Noi yesterday, which also included Viet Nam’s Deputy PM Nguyen Xuan Phuc and Cambodian Deputy PM cum Minister of Foreign Affairs and International Cooperation Hor Nam Hong. Hun Sen praised Vietnamese businesses, ...
Saigon GP Daily
http://www.saigon-gpdaily.com.vn/National/2013/12/107495/