Economy and commerce

While Phnom Penh’s garbage truck drivers returned to work yesterday following a brief strike, piles of refuse continued to mount in parts of the city, as trash collectors who had joined the drivers’ cause were continuing the strike alone as of 7pm. On Monday, drivers of ...

Cambodia exported about 177,928 tons of rice in first half of calendar year 2014, up about 1% from about 175,959 tons rice exported in the same period last year, according to data from the Secretariat of One Window Service of Rice Export Formality (SOWS-REF). ...

South Korean fast food restaurant Lotteria opened its first outlet in Phnom Penh on June 30. Situated inside the Aeon Mall, the restaurant is focusing on chicken and beef dishes, reflecting Cambodian tastes, including a general avoidance of pork. ...

More than one year after its fish products were banned from Europe, the industry and government has done little to ensure it will be lifted. The ban, instituted in early 2013, has hurt potential fish exports to a potentially lucrative trade partner. But EU officials say Cambodia ...

About 30 residents of a planned community on the eastern outskirts of Phnom Penh gathered around the picturesque lake that forms the center of their neighborhood Monday to prevent its developer, a former opposition lawmaker, from reclaiming the land to construct condos. The residents, many of ...

Phnom Penh’s trash collectors have again gone on strike over salaries and conditions in a move that could see them stop clearing the city’s streets of garbage for an extended period for the second time this year. About 100 employees of the waste disposal firm Cintri ...

About 100 military and provincial police descended upon the rural village of Lor Peang on Monday morning, acting on what they said was a court order to arrest three villagers standing in the way of an agro-development project. More than 70 local residents involved in a ...

Provincial government officials in Stung Treng have warned companies granted economic land concessions (ELCs) in the province to fulfil their promised development plans or face losing their rights to the land. Touch Thea, director of the Stung Treng provincial department of agriculture, said the call for ...

The $100 million Sokha Hotel and Residence on Phnom Penh’s Chroy Changva peninsula will be ready to receive its first guest by September, and recruitment is under way for more than 1,000 employees, the hotel’s owner said Monday. “We plan to open in September as a ...

U.S. Ambassador William Todd and Commerce Minister Sun Chanthol praised each other for their dedication to the development of the Cambodian economy at a press conference in Phnom Penh on Monday, following a joint trade mission last month to the U.S. Mr. Todd and Mr. Chanthol, ...

Residents of Phnom Penh’s Boeng Kak neighborhood lodged a formal complaint with the Anti-Corruption Unit (ACU) on Monday, asking it to investigate 12 current and former government officials and Senator Lao Meng Khin over the senator’s plans to sell land they say was stolen from ...

Cambodia’s Prime Minister, Hun Sen, says Asia Atlantic Airlines’ upcoming flights that will connect Thailand, Cambodia and Japan will benefit the country’s tourism industry. The airline will fly from Thailand’s Suvarnabhumi Airport and stop in Phnom Penh before flying to Toyko’ Narita, with full traffic rights. The ...

ACLEDA Bank PLC, the Cambodia’s leading commercial bank, has launched a new service called “ACLEDA Internet Bank”, according to a statement on its website. The statement said the new service would offer additional alternative for its value customers in doing financial transactions via the internet at ...

Mobile food shops, which are part of services provided by Neat Educational Information Center (NEIC), have first emerged in the middle of Phnom Penh Capital City. These mobile canteens are attracting a lot of customers and have helped create jobs for students who are facing ...

The Ministry of Industry and Handicraft will introduce an online registration platform for Cambodia’s small- and medium-sized enterprises (SMEs) this year, a ministry official confirmed yesterday. Heng Sok Kong, secretary of state at the ministry, said the new software for web registration was built in partnership ...

About 1,000 workers from the Canteran factory in Phnom Penh’s Dangkao district continued to strike on Saturday over a decision to push back the day they are paid. The workers have been on strike since Thursday after being told they will be paid on the 10th ...

Two artisanal miners died and one was seriously injured in two separate accidents on Saturday, police said yesterday. One man was killed and one sustained serious injuries while working for a Chinese mining company at Kbal Damrei commune in Kratie province’s Sambor district. ...

The general manager of Phnom Penh Sorya Transportation bus company says he will likely reject a Friday ruling by the Arbitration Council ordering the reinstatement of 15 employees fired for trying to form a labour union. Sorya Transportation general manager Chan Sophanna yesterday said he had ...

District and military police in Ratanakkiri raided an illegal gem mine inside a Chinese company’s land concession on Saturday but failed to make any arrests, according to a rights group representative. Chhay Thy, provincial coordinator for Adhoc, said about 200 illegal gem miners had settled on ...

The number of garment factories registered in Cambodia reached 1,200 at the end of June, an 8 per cent increase over six months ago, according to data released by the Ministry of Industry and Handicraft. The report also showed that the garment sector employed 733,300 workers ...

The commercial relationship between Australia and New Zealand Banking Group Ltd and Cambodia’s Phnom Penh Sugar has come to an end, The Australian reported Saturday. ...

North of the Sesan River, in protected forests that stretch to the border with Laos and Vietnam, illegal timber traders describe a network of bribery that leaves them counting their riels, despite the multimillion-dollar nature of the industry. In contrast to the large flat-bed trucks owned ...

The pace of Cambodia’s rice exports are expected to slow this year. Unable to maintain the steady rate of previous years, the export volume for the first half of 2014 is much the same as it was this time last year. At the end of June, ...

Naming and shaming factories that fail to ensure a basic standard of conditions for their workers is starting to improve standards in the crucial garment sector, according to the International Labor Organization (ILO), but persistent offenders remain. Nine factories are included in the “lowest compliance” category ...