Industries
Cambodia attracts 1.9 mln foreign tourists in 5 months, up 6 pct
Cambodia has received some 1.9 million foreign visitors in the first five months of 2014, a 6 percent rise compared to the same period last year, a tourism official said Tuesday. “Vietnam, China and South Korea are the largest sources of tourists to Cambodia,” Kong ...
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=226061
Cambodia revising gambling laws to attract investment
The Cambodian government is in the process of amending its gaming laws in a bid to draw major casino operators, industry sources have confirmed to GGRAsia. Earlier on Tuesday, the Phnom Penh Post reported that the new draft of the national casino law could be finalised ...
GGRAsia News Staff
http://www.ggrasia.com/cambodia-revising-gambling-laws-to-attract-investment/
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
Chinese company unveils development plan for eco-tourism farm in northeastern Cambodia
Macao’s Guo Hong (International) Investment and Development Co. Ltd was officially launched in Cambodia on Monday with an investment plan in developing a large- scale eco-tourism farm in northeastern Cambodia, the company’s Managing Director Wu Jinlong said. ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/140623/chinese-company-unveils-development-plan-eco-tourism-farm-no
Arbitration’s cost and value
The Arbitration Council Foundation, credited with helping resolve about 1,700 industrial disputes, has reached verbal agreement with a Swedish aid agency to receive funding until the end of 2016, a spokesman said yesterday. But members of the labour-dispute resolution body desire a more permanent solution that ...
Sean Teehan
http://www.phnompenhpost.com/national/arbitration%E2%80%99s-cost-and-value
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, ...
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
UN envoy meets employers over labor unrest
U.N. human rights envoy Surya Subedi met with representatives of the country’s businesses and employers Thursday for talks that focused on the protection of workers’ rights and measures that can be taken to ensure that strained industrial relations do not once again erupt into violence. In ...
Lauren Crothers
http://www.cambodiadaily.com/news/un-envoy-meets-employers-over-labor-unrest-61951/
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
Bank pays out after factory boss ‘flees’
Workers at a garment factory that closed without warning last week received payment yesterday for nearly a month and a half of work, but some are still waiting for bonuses owed to them. More than 400 workers lined up at the Canadia Industrial Park gates, behind ...
Mom Kunthear
http://www.phnompenhpost.com/national/bank-pays-out-after-factory-boss-%E2%80%98flees%E2%80%99
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 ...
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
Monks Protest Developer’s Construction on Disputed Grounds
About 400 monks and villagers protested Sunday outside Wat Koh Puthivong pagoda in Phnom Penh’s Sen Sok district to protest what they say is a real estate company’s encroachment onto the pagoda’s land, including an island that monks consider sacred. During the protest, dozens of young ...
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/