Industries

Gambling on change

The Cambodian government is drafting a series of changes to the Kingdom’s gaming laws in a bid to draw major players from Macau and the US to the market and potentially create a new tax base from the growing, if currently illegal, online betting industry, ...

Eddie Morton
http://www.phnompenhpost.com/business/gambling-change

Six unions call for pay, acquittals

Union leaders made another appeal for the Cambodian government to raise the minimum wage to $160 and rescind convictions of 25 workers arrested during deadly demonstrations in November and January. ...

Sean Teehan
http://www.phnompenhpost.com/national/six-unions-call-pay-acquittals

Thais hit Cambodia casinos to sidestep junta betting blitz

Desperate for a flutter during a junta crackdown on gambling at home, Thais are making a beeline for casinos in a seedy Cambodian border town — which has already been deluged by migrants also fleeing the kingdom. For over a decade Poipet, a scruffy, vice-ridden frontier ...

Business World Online News Staff
http://www.bworldonline.com/content.php?section=World&title=Thais-hit-Cambodia-casinos-to-sidestep-junta-betting-blitz&id=89616

Workers block gates, burn tires at Japanese-owned box factory

About 80 workers protesting against a Japanese factory in Phnom Penh that produces cardboard boxes blocked the gates Friday after managers refused to hold a meeting with employees. Workers burned tires in front of the Harta Packaging factory, which they have been protesting against since February, ...

Sek Odom
http://www.cambodiadaily.com/news/workers-block-gates-burn-tires-at-japanese-owned-box-factory-62067/

Chinese firm acquires large stake in Kampot $100m cement factory

Chinese firm Huaxin Cement Co has purchased a 40 per cent stake in Cambodia Cement Chakrey Ting Factory Co, a cement-making factory currently under construction in Kampot province. Huaxin’s $24 million investment Cambodia Cement lifted the local factory’s working capital to $60 million, up from $32 ...

Chan Muyhong
http://www.phnompenhpost.com/business/chinese-firm-acquires-large-stake-kampot-100m-cement-factory

Activists call for transparency at Buddhist Institute

The activist Independent Monk Network has called on the Ministry of Cult and Religion to release paperwork proving that an agreement it struck with NagaCorp to help construct an electricity substation at Phnom Penh’s Buddhist Institute does not involve the selling of any of the ...

Mom Kunthear
http://www.phnompenhpost.com/national/activists-call-transparency-buddhist-institute

Court questions tycoon in dispute with his brother

The Phnom Penh Municipal Court on Wednesday questioned an elderly tycoon who was jailed earlier this month in a real estate dispute with his brother, also a prominent businessman. Huot Seng Long, 76, who also uses the name Thai Seng Long, was questioned in a closed-door ...

Eang Mengleng
http://www.cambodiadaily.com/news/court-questions-tycoon-in-dispute-with-his-brother-61829/

Supply drives office rentals to highest in region

Demand for top-quality workspace in Phnom Penh is increasing, so much so that property firm Knight Frank has labelled the capital as the fastest-growing city for rented prime office space in the entire Asia Pacific region. The firm’s June 3 quarterly report, which marks the first ...

Annie Lee
http://www.phnompenhpost.com/business/supply-drives-office-rentals-highest-region

Feed plant in Pailin to aid farmers’ stockpiles

Pailin province’s $5 million animal-feed processing plant and warehouse is to finish construction in the next three months and it is a welcomed development for the local farming community. The plant’s owner, Chea Kea, who also owns Diamond Crown casino on the border with Thailand in ...

Chan Muyhong
http://www.phnompenhpost.com/business/feed-plant-pailin-aid-farmers%E2%80%99-stockpiles

Ad spending sees hike in budget for tourism

The Cambodian government has budgeted $3.5 million for tourism-related advertising and promotions in 2014, Minister of Tourism Thong Khon said yesterday. “This year the budget has reached $3.5 million dollars, half of the total budget for the ministry as we will host PATA Travel Mart 2014,” ...

Chan Muyhong
http://www.phnompenhpost.com/business/ad-spending-sees-hike-budget-tourism

Cambodia: Garment and textile exports grow in Q1

Despite lapses in factory safety and ongoing labour unrest, Cambodian exports of garments and textiles grew 9% in the first three months of the year. According to data from the Garment Manufacturers Association in Cambodia (GMAC), Cambodia exported US$1.17bn worth of garments and textiles between January ...

Katie Smith
http://www.just-style.com/news/garment-and-textile-exports-grow-in-q1_id122051.aspx

Wage group agrees on January 1 raises

The group in charge of determining the national minimum wage for the garment sector yesterday agreed to increase salaries annually on January 1, determined by discussions that are to take place in the final quarter of each preceding year, officials said. The agreement was signed during ...

Mom Kunthear
http://www.phnompenhpost.com/national/wage-group-agrees-january-1-raises

Two’s company at CSX

It may not have all the glitter, adrenaline or the iconic tolling bell of Wall Street, but today, the usually deserted Cambodian Stock Exchange (CSX) will be a hive of activity. After first hinting at an initial public offering more than two years ago, garment manufacturer ...

Eddie Morton
http://www.phnompenhpost.com/business/two%E2%80%99s-company-csx

Despite Employer’s Concessions, Workers Vow to Continue Protest

Workers at the Beautiful Spring Footwear factory in Takeo province refused to end a two-day protest on Saturday after management ceded to most of their demands but refused to raise their good-attendance bonus. The factory’s roughly 1,000 workers started protesting outside the building on Friday, two ...

Mech Dara
http://www.cambodiadaily.com/news/despite-employers-concessions-workers-vow-to-continue-protest-61457/

Union leader to face another day in court

The leader of Cambodia’s largest independent garment union is due to appear in court this afternoon for a third round of pretrial questioning over a case stemming from a strike that ended more than six months ago. Coalition of Cambodian Apparel Workers’ Democratic Union (C.CAWDU) president ...

Sean Teehan
http://www.phnompenhpost.com/national/union-leader-face-another-day-court

H&M, ILO Form New Industrial Relations Initiative

In an effort to bring stability back to the country’s embattled but crucial garment industry, the Ministry of Labor has joined forces with the International Labor Organization (ILO) and Swedish clothing giant H&M in a campaign for unions and factories to sign direct agreements to ...

Lauren Crothers
http://www.cambodiadaily.com/news/hm-ilo-form-new-industrial-relations-initiative-61424/

Officials protect private company’s machines

Chroy Changva district security guards Thursday stopped villagers from preventing a private company from pumping sand onto the wetlands behind their homes. The Overseas Cambodian Investment Corporation (OCIC) is building a $3-billion real estate project, known as “Chroy Changva City, City of the Future,” on the ...

Ben Sokhean
http://www.cambodiadaily.com/news/officials-protect-private-companys-machines-61335/

Confidence for plan low

Union officials and the garment sector’s factory association said yesterday they supported a new program meant to enhance relations between employers and employees, but remained sceptical of how effective it would be. In a ceremony yesterday, the Ministry of Labour inaugurated the program, which entails training ...

Sean Teehan
http://www.phnompenhpost.com/national/confidence-plan-low

Salt makers shake out a big surplus

Cambodia’s salt production rose sharply at the end of this year’s harvest season thanks to more favourable weather conditions enhancing yields. Salt production in Kampot and Kep provinces – home to Cambodia’s salt fields – reached 147,000 tonnes this year, nearly double the 80,000 tonnes recorded ...

Hor Kimsay
http://www.phnompenhpost.com/business/salt-makers-shake-out-big-surplus

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