Industries

Factory Says Buyers Will Go to Burma if Protests Continue

A representative of a factory that produces clothing for international clothing brands H&M, Gap and Levi Strauss warned yesterday that its buyers will place orders elsewhere if the strike for higher wages and benefits in its two factories continues. An official at the American Center for ...

Aun Pheap and Dene-Hern Chen, P. 24
http://www.cambodiadaily.com

Levi's, Gap garment workers on strike in Cambodia

Workers at a large Cambodian garment factory that makes clothes for Levi’s, Gap and other well-known international brands are striking for more pay and better working conditions. More than 5,000 workers from the Singaporean-owned SL Garment Processing (Cambodia) Ltd. failed to reach an agreement with their ...

http://www.businessweek.com/ap/2012-05/D9UTQ5M80.htm

Workers at Factories Supplying Major Brands Continue Protests

About 3,000 garment workers from two factories that supply clothes to international brands Levi Strauss, H&M and Gap continued protesting for higher wages yesterday in Phnom Penh’s Meanchey district, before marching to the Ministry of Social Affairs. Upon arriving at the ministry, workers employed by the ...

Standards out for tourism officials

Housekeeping and front offices at hotels around Cambodia are set to change as the country prepares to adopt regional standards that all ASEAN nations are trying to put in place. The draft document on housekeeping and front-office standards, and related training courses, had been finalised by Tourism ...

http://www.phnompenhpost.com/index.php/2012052256295/Business/standards-out-for-tourism-officials.html

Visitors from Vietnam up 18 per cent in Q1

The number of Vietnamese tourists visiting Cambodia and Cambodians visiting Vietnam has increased recently, according to new data released by the Cambodian tourism ministry. Vietnam has the largest number of tourists visiting Cambodia at 600,000, or 21 per cent, of all international visitors. ...

http://www.phnompenhpost.com/index.php/2012052256293/Business/visitors-from-vietnam-up-18-per-cent-in-q1.html

Nan Sy told to sell his real estate

Fugitive former ambassador to Brunei Nan Sy had been ordered to sell his two properties to pay back funds embezzled from the Ministry of Foreign Affairs and International Co-operation, officials said yesterday. ...

http://www.phnompenhpost.com/index.php/2012051756216/National-news/nan-sy-told-to-sell-his-real-estate.html

Solving problems brings in wealth

One of Cambodia’s true rags-to-riches success stories is that of Din Somethearith, co-founder and executive director of Frangipani Villa Hotels. Frangipani, named for the blossoming tree, is a chain of boutique hotels, one of which is located just off Street 178 at number 43, down a ...

http://www.phnompenhpost.com/index.php/2012051456140/Business/solving-problems-brings-in-wealth.html

UN Sees Cambodian Economic Growth Slowing in 2012

Economic growth in Cambodia is estimated to reach 6.7 percent this year, a 0.2 percent drop compared with 2011, the U.N. said in a report released on Friday, citing a modest slowdown in exports from Cambodia to the U.S. and Europe. In its Economic and Social ...

Property Prices See First Rise Since 2009

Property prices in Phnom Penh are rising for the first time since 2009, growing by as much as 10 percent in some areas of the capital during the first quarter of the year, real estate experts said yesterday. After years of stagnation in the property sector ...

Gaming Company Announces Casino in Poipet

Entertainment Gaming Asia Inc. (EGA), announced Monday that it will break ground Thursday on a new $7.5 million Slot Hall casino in Poipet province along the Thai border, EGA said in a statement. The casino will open by the end of the year with 300 gaming ...

Northeast new focus for tourism

The Ministry of Tourism will shift its focus to ecotourism development in the Kingdom’s northeast after efforts to promote travel to Cambodia’s coastline proved successful. ...

http://www.phnompenhpost.com/index.php/2012050956045/Business/northeast-new-focus-for-tourism.html

Cambodian education investor explains his turn to real estate

Chea Sokheng, general director of Arizon Group Ltd, a potential investor in Cambodia’s education and real estate sectors, said that investment in education is a main contributor to developing human resources and growth of the national economy. Though he mentioned the opportunity to invest in the ...

http://www.phnompenhpost.com/index.php/2012050956044/Business/cambodian-education-investor-explains-his-turn-to-real-estate.html

Poipet project: Gaming firm starts build on slot hall

Entertainment Gaming Asia Inc, which today will launch its Dreamworld Casino in Pailin, also will break ground on a slot hall project in Poipet, near the Thai border, on Thursday, according to a company statement.   ...

http://www.phnompenhpost.com/index.php/2012050956043/Business/poipet-project-gaming-firm-starts-build-on-slot-hall.html

Pailin casino Dreamworld opens May 9

Entertainment Gaming Asia, an American Stock Exchange-listed company with a regional presence in both Cambodia and the Philippines, will launch its Dreamworld Casino in Pailin province on Wednesday, according to a company statement. ...

http://www.phnompenhpost.com/index.php/2012050756006/Business/game-time-pailin-casino-dreamworld-opens-may-9.html

Tourism Industry's Growth Offers Job Creation For Local Labor Force

PHNOM PENH: Cambodia is trying to boost the tourism industry after its contribution to economic growth and offering job creation as ASEAN economic integration 2015 is moving and the free flow of workforce mobilization has been needed to help ensure steady growth. Cambodia’s tourism sector, in 2011, offered 350,000 direct jobs and millions of ...

http://thesoutheastasiaweekly.com/

Bokor resort slated to bolster Kampot tourism

Kampot officials are looking to the Bokor Mountain Resort, a US$1 billion project that opens today, to drive tourism growth in the burgeoning seaside destination. The provincial Tourism Department said the number of domestic visitors to Kampot had risen 120 per cent to 338,000 in the ...

http://www.phnompenhpost.com/index.php/2012050355943/Business/bokor-resort-slated-to-bolster-kampot-tourism.html

Vietnamese tourists top list in Cambodia

Vietnamese tourists ranked top among foreign visitors to Cambodia in the first three months this year. According to data released by the Cambodian Tourism Ministry, 179,000 Vietnamese tourists visited Cambodia from January to March, accounting for 18 per cent of total foreign arrivals. ...

http://vietnamnews.vnagency.com.vn/Life-Style/224191/vietnamese-tourists-top-list-in-cambodia.html

Port in Kampot to turn province into regional trade hub

Kampot Port Co will break ground on a Kampot port in September, company officials said yesterday. The port will be an important part of a long-delayed Kampot Special Economic Zone (KSEZ), which is hoped to revitalise trade and commerce in the province. Vinh Huor, president of the ...

http://www.phnompenhpost.com/index.php/2012050255906/Business/port-in-kampot-to-turn-province-into-regional-trade-hub.html

Japan Assists Cambodia To Formulate Industry Policy To Woo Investments

Japan, the most experienced country in the industrial sector, has cooperated with Cambodia, aiming at enhancing Cambodia’s industrial policy better to attract more investments, especially the Japanese investors who have kept an eye out on Cambodia over the last several years. The workshop under the theme: Towards the Cambodia’s Industrial Policy, was conducted On April ...

http://thesoutheastasiaweekly.com

Vietnam visitors drive tourist stats

International tourist arrivals to Cambodia increased nearly 28 per cent during the first quarter of the year compared with the corresponding period of 2011, Ministry of Tourism data shows. The country drew more than 995,000 tourists from abroad during the three-month period, up from 778,467 a year earlier, ...

http://www.phnompenhpost.com/index.php/2012043055860/Business/vietnam-visitors-drive-tourism-stats.html

Salt farmers extend season by one month

In an effort to make up for the low salt yield this year caused by unexpected rainfall during the dry season, farmers in salt-producing Kep and Kampot provinces said yesterday that they would try to continue harvesting the mineral for another month even though the ...

Cambodia's new corporate darling

Industries such as tourism and garment production are booming. Mining is taking off and the Cambodian Stock Exchange (CSX) is finally up and running after a 10-month delay with Phnom Penh Water Supply (PPWS) its first listing. “PPWS is considered one of the best managed state ...

http://www.bangkokpost.com/business/economics/291098/cambodia-new-corporate-darling

Demand slow for Phnom Penh office space

Slow demand for office space in Phnom Penh is leaving the owners of high-rise buildings constructed in recent years struggling to find clients, according to real estate experts. But construction of the Vattanac Capital Tower, a $150 million, 36-story building slated to open its first ...

Some provinces see tourism up 50% for New Year

About 1.8 million Cambodians traveled to the coastal and northeastern provinces to celebrate Khmer New Year, a 50 percent increase compared with last year, Tourism Minister Thong Khon said yesterday. Mr Khon said Cambodians are starting to seek out other vacation spots besides the coastal provinces ...

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