Trade
Trade policy and regulation
Government Urged to Ease Pressure on Unions
Visiting representatives from the International Trade Union Confederation (ITUC) on Monday urged the Labor Ministry to withdraw its threat to revoke the licenses of six unions behind recent strikes, and to drop legal proceedings against union leader Rong Chhun. His visit follows garment worker protests ...
Mech Dara and Zsombor Peter
http://www.cambodiadaily.com/news/government-urged-to-ease-pressure-on-unions-50492/
Hun Sen says investment in Cambodia increases sharply
Prime Minister Hun Sen on Monday said that the flow of investment in Cambodia increased sharply from USD2.9 billion in 2012 to USD4.9 billion in 2013. During the 4th Cambodia-Vietnam Conference on Investment Cooperation at Peace Palace, he said the Vietnamese investments also increased, from ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ODA4OGVlYjcxNmM
Major Brands Concerned About Cambodia Violence
Major labels that have clothing manufactured in Cambodian factories have written an open letter expressing concern for the recent shootings of workers demonstrating for higher wages. Adidas, Gap, H&M, Levi’s and Puma were among those that signed the January 7 letter to the Phnom Penh government, ...
VOA News Staff
http://www.voanews.com/content/major-brands-express-concern-for-violence-against-striking-cambodians/1826132.html
UN wants probe into Cambodian violence
The UN human rights agency urged Cambodia to launch an investigation into the “disproportionate” use of force by security forces last week against garment factory workers striking over pay. Military police opened fire on workers protesting outside a factory in Phnom Penh on January 3 and ...
Peninsula On-line News Staff
http://thepeninsulaqatar.com/news/asia/267595/un-wants-probe-into-cambodian-violence
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
Rice Exports Rise by More Than 170,000 Tons
Rice exports increased from 205,717 tons in 2012 to 378,856 tons in 2013 as a result of high demand from the European Union as well as countries in Asia, according to figures released Thursday by the Ministry of Agriculture. France imported the most Cambodian milled rice, ...
Hul Reaksmey
http://www.cambodiadaily.com/business/rice-exports-rise-by-more-than-170000-tons-49976/
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
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/
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/
Hun Sen, Tan Dung Sign 9 Agreements During Vietnam State Visit
Prime Minister Hun Sen on Thursday signed off on nine wide-ranging deals with his Vietnamese counterpart Nguyen Tan Dung during a state visit that ends Saturday, including arrangements to tighten media, public security and trade cooperation, according to Cambodian and Vietnamese state media. Cambodian state news ...
Zsombor Peter
http://www.cambodiadaily.com/news/hun-sen-tan-dung-sign-9-agreements-during-vietnam-state-visit-49735/
EU clarifies rice comments
While the European Union Trade Commissioner Karel De Gucht never told the Ministry of Commerce that Cambodian rice was “30 per cent” mixed with the same product from Vietnam, he did say Cambodia had to better ensure that its harvest was homegrown and not from ...
Eddie Morton and May Kunmakara
http://www.phnompenhpost.com/business/eu-clarifies-rice-comments
Cambodia Rejects Rice Contamination Claims by EU
The Cambodian government and rice exporters have dismissed allegations that rice exports to the European Union (EU) countries are contaminated with rice from Vietnam. Commerce Ministry representative told local sources that while it is true that some Cambodia rice is processed in Vietnam to match ...
Oryza News Staff
http://oryza.com/news/cambodia-rejects-rice-contamination-claims-eu
EU Alleges Up to 30% of Cambodia Rice Imports Mixed With Vietnam Rice
The Alliance of Rice Producers and Exporters of Cambodia (ARPEC) has proposed a “Code of Conduct” for rice exporters of the country to prevent contamination of rice from other origins in rice exports to EU member countries. Under the Everything But Arms (EBA) trade ...
Oryza
http://oryza.com/news/eu-alleges-30-cambodia-rice-imports-are-mixed-vietnam-rice
Cambodia sees 22 pct rise in garment export in 11 months
Garment industry, Cambodia’s largest foreign currency earner, reported a 22 percent surge in exports in the first 11 months of 2013, according to figures from the Ministry of Commerce on Thursday. The Southeast Asian nation exported apparel products in equivalent to 5.07 billion U.S. dollars during ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-12/19/c_132981486.htm
Yearender: Cambodia's economy remains strong in 2013 despite political row, flood havoc: officials
Cambodia’s economy is expected to maintain the robust growth of over 7 percent this year even though the country is still trapped in political dispute and recovering from the aftermath of recent floods, senior officials and bankers said. But some analysts predicted that political trouble, coupled ...
Nguon Sovan and Wang Qibing
http://news.xinhuanet.com/english/business/2013-12/19/c_132979125.htm
Special Economic Zone Strike in Svay Rieng Ends—For Now
An estimated 30,000 garment factory workers will resume work this morning after three days of strike action ended Wednesday when Svay Rieng provincial officials promised to help the strikers achieve their demands from factory owners. The mass strike led the owner of the Tai Seng Special ...
Aun Pheap and Phann Ana
http://www.cambodiadaily.com/news/special-economic-zone-strike-in-svay-rieng-ends-for-now-49469/
Hun Sen in Tokyo for Meeting With Japanese Prime Minister
Prime Minister Hun Sen was scheduled to meet with Japanese counterpart Shinzo Abe in Tokyo on Sunday, a day after Japan and the member states of Asean agreed to ensure “freedom of overflight” in the region. The agreement will likely be taken as an affront by ...
Phorn Bopha and Zsombor Peter
http://www.cambodiadaily.com/news/hun-sen-in-tokyo-for-meeting-with-japanese-prime-minister-49350/
Cambodian, Chinese firms ink deals to jointly invest in agriculture
Two Cambodian companies on Monday signed Memorandums of Understanding (MoU) with Chinese companies to invest in the agricultural sector. One deal was inked between Chan Sothea, general director of Cambodia’s Century Rice Group, and Ivan, managing director of Shengen Yonglongxin Industrial Company. Under the agreement, the two ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-12/16/c_132972733.htm
Cambodia's Rice Exports Up 94 Per Cent In 11 Months
Cambodia exported 332,000 tonnes of rice in the first 11 months of the year, up 94 per cent year-on-year. The country exported rice to 63 countries and territories with Poland, France, Malaysia, Thailand, the Netherlands and China as its main importers, Vietnam News Agency (VNA) reports ...
Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=1000563
Illicit Trade Linked to $130M In Losses
A report released by a U.S. financial research firm today says that Cambodia lost an average of $133 million per year between 2002 and 2011 through crimes such as import and export tax evasion, illegal movements of money and smuggling. The report, released by Global Financial ...
Alex Willemyns
http://www.cambodiadaily.com/business/illicit-trade-linked-to-130m-in-losses-49163/