Economy and commerce

The vast majority of the country’s 600,000-strong garment factory workforce appeared to be back on the job Monday despite a call from unions to continue a stay-at-home strike until Tuesday. Eight unions had spent weeks urging workers to stay home after the Khmer New Year from ...

A team of disabled security guards hired to protect the embattled SL Garment Factory in Phnom Penh is seeking the formalization of their employment and an end to what they claim is the factory’s exploitation of their impairments. In November—at the height of an occasionally violent, ...

Malaysia’s leading armoured vehicle maker DRB-Hicom Defence Technologies Sdn Bhd (DefTech) is setting its sights on Cambodia and Myanmar, said chief executive officer Amril Samsudin. ...

Vietnam’s HAGL JSC is expanding its overseas plantations and plans to harvest corn in Cambodia and Laos this year, Bloomberg News reported Monday. ...

Phnom Penh Water Supply Authority is scheduled to hold this week its annual general meeting of shareholders, the second since its shares were listed two years ago. The meeting is due to take place at the authority’s headquarters in Daun Penh district on Thursday morning. ...

Mike Weeks and Delayne Weeks of Canada had a dream five years ago: create a gold mine. Do it in a nation that has never produced gold commercially. Use the process to educate and enrich an impoverished population. The country is Cambodia. The mine is in northeast ...

Three people were arrested in Banteay Meanchey province on Friday during a protest in which more than 400 vendors rallied against orders to move to new market sites. In what authorities said was an effort to “restore public order”, police and military forces were deployed to ...

A Phnom Penh-based factory supplying uniforms for police officers and firefighters in the US city of Los Angeles continues to break Cambodian labour laws, a report to be publicly released today says. Kin Tai Garment factory, a supplier to 5.11 Tactical – which sells the uniforms ...

At least eight bus drivers from Phnom Penh Sorya Transportation company were fired last week for leading a strike before Khmer New Year to demand higher wages, employees and union representatives said Sunday. About 80 drivers went on strike on April 3 demanding a $60 increase ...

Citi Research, the strategy and analysis arm of Citigroup Inc, one of the world’s largest financial firms, has questioned NagaCorp’s VIP junket program in a recent report that also cites cross-border competition and tourism failings as potential threats to the program’s success. Citi Research’s analysis was ...

More than 2,000 workers at three factories in Svay Rieng’s Bavet City went on strike Saturday, claiming their bosses owed them money. About 500 workers at the You Li factory, which makes baby clothes, went on strike Saturday because management refused to pay them for Thursday ...

Phnom Penh Water Supply Authority (PPWSA), Cambodia’s only listed company, made a net profit of 9.68 million US dollars in 2013, up 12.5 percent compared with 8.6 million US dollars in a year earlier, the firm ‘s audited financial statement showed Saturday. The statement said the ...

A few garment factories resumed operations in Phnom Penh on Friday, albeit at reduced capacity, as thousands of workers returned to the city after Khmer New Year celebrations in the provinces. While the majority of factories in Meanchey and Pur Senchey districts stayed closed, it remained ...

A Taiwanese-owned garment maker has delayed its planned Cambodia listing by three weeks, setting back what would be just the second initial public offering to be held in this developing Southeast Asian nation. Grand Twins International (Cambodia) PLC now plans to list on May 29, according ...

Most garment factories did not open for business Thursday, choosing to extend the Khmer New Year holidays—which officially ended Wednesday—rather than face industrial action in the form of a planned nationwide stay-at-home strike. However, a number of workers interviewed Thursday said they knew nothing about the ...

Villagers in Kampong Khlaing commune in Siem Reap province’s Sotr Nikum district have halted Kamlearnh fish paste production due to lagging demand, according to the industry’s representative body. Proum Hong, president of Kampong Khlaing Fish Paste Producers Association (KKFPPA), said the inflated price of the product, ...

The Ministry of Economy and Finance (MoEF) will scrap customs fees for rice exporters from May 1 in an effort to reduce production costs and boost Cambodia’s competitiveness in the sector, according to a letter obtained by the Post. “[The ministry] has agreed to eliminate charges ...

Mu Sochua, a lawmaker-elect for the opposition CNRP, announced Thursday that she will on Sunday morning resume her campaign to enter Phnom Penh’s Freedom Park. Last month, Ms. Sochua appeared at the park alone for four straight days—each day being physically barred by authorities—in an effort ...

The Sichuan-Cambodia Business Matching Session 2014 was held here Thursday with an aim to further promote economic and trade relations between Cambodia and China. The half-day forum brought together business executives from 51 enterprises in Southwest China’s Sichuan Province and some 120 Cambodian business people. ...

The Sihanoukville Autonomous Port, Cambodia’s largest shipping facility, reported a 13 percent rise in cargo shipments in the first three months of this year, a port’s data showed Thursday. Some 862,380 tons of goods had been transported through the port during the January-March period this year, ...

Along Phnom Penh’s industry-heavy Veng Sreng Street on Wednesday, garment factories lay idle in observance of Khmer New Year. The dorms around them were empty, save for the few workers who could not afford the bus ticket home for the holiday, which ended Wednesday. Eight unions ...

Security guards at the center of a yearlong land dispute between families in Phnom Penh’s Boeng Kak community and the Khun Sear Import Export Company on Wednesday accused the families of attacking them during a late-night Khmer New Year drinking party. Nuon Sokhannara, one of the ...

Angkor Gold Corp. (TSX: V.ANK, Stock Forum) has entered into a strategic alliance with Hong Kong-based Tohui Beishan Property Group Holding Ltd. (TG) that could provide up to $10.5 million for exploration in Cambodia, Angkor said Monday. The strategic alliance between Angkor and TG includes TG’s ...

The ruling Cambodian People’s Party (CPP) has issued nine points of its policies for upcoming local council Election which will be held on May 18, 2014. According a statement issued on Saturday, the policies included a promise to increase the monthly salary to 1,000,000 riel or ...