Economy and commerce

Cambodia’s garments to ship piece by piece

Cambodia’s garment manufacturers might sell fabrics from unfinished clothing orders worth millions of dollars to factories offshore in a last-ditch attempt to meet looming buyer deadlines. The Garment Manufacturers Association in Cambodia (GMAC) issued a letter to the Cambodian government yesterday requesting it to “facilitate” exports ...

Eddie Morton and Hor Kimsay
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-garments-ship-piece-piece

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

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

Taxi Drivers Hold Rally Against Electric Cars

Motorcycle-taxi and tuk-tuk drivers led a motorized rally of about a thousand people through Siem Reap City on Wednesday to call for lower petrol prices and a ban on the use of electric cars in the Angkor Archaeological Park. The rally, organized by the Phnom Penh-based ...

Mech Dara
http://www.cambodiadaily.com/news/taxi-drivers-hold-rally-against-electric-cars-49857/

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

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/

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

Royal Group makes deal during PM’s official visit

A Royal Group subsidiary has signed a deal with two Vietnamese firms to import fertiliser, a senior official with the company said yesterday. Among several deals agreed to during Prime Minister Hun Sen’s trip to Vietnam this weekend, Nitrogen Chemicals and Fertilizer Cambodia Ltd, the subsidiary ...

Chan Muy Hong
http://www.phnompenhpost.com/business/royal-group-makes-deal-during-pm%E2%80%99s-official-visit

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

Increasingly, Cambodians Say They are ‘Suffering’: Poll

An increasing number of Cambodians see themselves faring worse, a Gallup polls suggests. In a global survey released earlier this month, the US-based firm ranked Cambodia near the very bottom in terms of life satisfaction, and it found that 34 percent of surveyed Cambodians consider themselves ...

Vannarin Neou
http://www.voacambodia.com/content/increasingly-cambodians-say-they-are-suffering/1819008.html

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/

Human Rights Watch attacks IMF chief over Cambodia visit

American lobby group Human Rights Watch has lashed out at Christine Lagarde, the managing director of the International Monetary Fund, for her trip to Cambodia earlier this month. In a commentary posted Thursday, it noted that the IMF recognized that corruption threatened market integrity, distorted competition, ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=YTNmNDE1NGJiZjY

Cambodia Police, Garment Workers Clash Amid Strike

Police clashed Friday with a group of striking garment workers on the outskirts of Cambodia’s capital, leaving about 20 people injured, police and workers said. The incident occurred when thousands of striking workers-marching from a province bordering the capital-tried to get into the Phnom Penh Special ...

Sun Narin and Chun Han Wong
http://online.wsj.com/news/articles/SB10001424052702303799404579283802423278442

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