Industries

Insurance industry revenue up 14 percent

Revenue among insurance firms increased 14 percent in the first quarter compared with the same period last year, according to figures released Tuesday by the Insurance Association of Cambodia (IAC). From January to March, insurance premiums generated $13.86 million compared to $12.15 million the year before, ...

Hul Reaksmey
http://www.cambodiadaily.com/business/insurance-industry-revenue-up-14-percent-57786/

Cambodia bans trade unions from marking May Day at capital's Freedom Park

Cambodian authorities on Wednesday refused permission for the 18 opposition-aligned trade unions and associations to celebrate an International Labor Day event on May 1 at the capital’s Freedom Park. “The Phnom Penh Municipality does not allow the trade unions and associations to organize this event at ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-04/30/c_133301779.htm

Uneasy calm in Bavet as factories ordered shut

BAVET CITY, Svay Rieng province – The government has ordered all factories here to shut down until Thursday at the earliest in a bid to keep escalating strikes from spiraling out of control and spreading nationwide. “[Provincial] Governor Chieng Am said in a meeting yesterday [Monday] ...

Zsombor Peter and Aun Pheap
http://www.cambodiadaily.com/news/uneasy-calm-in-bavet-as-factories-ordered-shut-57723/

FTU bows out of May Day rallies

Chea Mony, president of the opposition-aligned Free Trade Union (FTU), said Tuesday that his union, one of the largest in the country, will not be joining other labor groups planning to rally on International Workers’ Day because he has been sick and traveling in the ...

Mech Dara
http://www.cambodiadaily.com/news/ftu-bows-out-of-may-day-rallies-57734/

GMAC calls for halt to ongoing protest in Bavet’s Special Economic Zone

Garment Manufacturers Association in Cambodia (GMAC) appealed to Labor Minister Ith Samheng, and relevant institutions to immediately stop ongoing protests at Tai Seng and Manhattan Special Economic Zone in Svay Rieng’s Bavet town. Workers led by Mr. Pav Sina, President of Collective Unions of Movement of ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NzcxYmUyMDJlMTl

Strike closes most Bavet factories

All but four garment factories in Svay Rieng province were closed yesterday, as a strike of thousands of workers there continued into its second week, a labour union official said. The strike, estimated to involve about 20,000 people across the province’s Tai Seng and Manhattan special ...

Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/national/strike-closes-most-bavet-factories

Four injured in roller coaster accident

Two teenagers and a couple in their twenties were injured in a roller coaster accident on Sunday at Chamkar Pring Amusement park in Sen Sok district, police said Monday. Keo Sothout, district police chief, said that a bolt on the ride came loose and sent two ...

Hay Pisey
http://www.cambodiadaily.com/news/four-injured-in-roller-coaster-accident-57652/

Former Boeng Kak activists protest at City Hall

About 50 residents evicted from Phnom Penh’s Boeng Kak neighborhood in 2008 and 2009 to make way for a senator’s real estate project once again protested in front of City Hall Monday to demand better compensation. They are among some 3,000 families who were forced ...

Mech Dara
http://www.cambodiadaily.com/news/former-boeng-kak-activists-protest-at-city-hall-57647/

Casino owner’s woes persist

The share price of Cambodian casino owner Entertainment Gaming Asia has fallen below the minimum requirement of the Nasdaq Stock Market, threatening the gaming company’s US listing, according to a statement posted on EGA’s website last week. EGA has been given 180 days – until October ...

Eddie Morton
http://www.phnompenhpost.com/business/casino-owner%E2%80%99s-woes-persist

Protesting bus drivers met by counter-protest

Eighteen fired bus drivers protesting for reinstatement at Phnom Penh Sorya Transportation were met yesterday by company staff who staged a counter-protest demanding that the fired drivers stop interrupting their work. The drivers, who claim they were fired earlier this month for trying to form ...

Ben Sokhean
http://www.cambodiadaily.com/news/protesting-bus-drivers-met-by-counter-protest-57610/

Sharp seals Cambodia PV deal

Sharp has scored its first international order for its transparent PV panels with a 27.5kW deal in Cambodia. The Osaka-based electronics group will provide 290 of its NA-B095AA see-through panels, as well as inverters and balance of plant (BOP) services, for a cafe in a shopping ...

Brian Publicover
http://www.rechargenews.com/solar/asia_australia/article1359643.ece

Cambodia targets small and medium enterprises from Japan

Prime Minister Hun Sen said that Cambodia was eager to have Japanese investors to build factories and produce goods for exports to the world market. The premier made comments during his meeting on Sunday with Tishimitsu Gotegi, Minister of Ministry of Economy, Commerce and Industry of ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=OGMyOTU2M2QzMGI

Cambodia's garment, footwear exports up 16 pct in Q1

Garment and footwear industry, Cambodia’s largest income earner, reported a 16 percent surge in exports in the first three months of 2014, the figures of the Ministry of Commerce showed Monday. The Southeast Asian nation exported apparel and footwear products in equivalent to 1.56 billion U.S. ...

ASEAN - China Centre News Staff
http://www.asean-china-center.org/english/2014-04/28/c_133295843.htm

No scheme in place for congestion near AEON

Despite expecting 27,000 visitors per day, little planning has gone into tackling traffic congestion at Cambodia’s long-awaited AEON Mall when it opens June 30, City Hall said yesterday. There are 1,400 vehicle parking spaces allotted at AEON and 1,600 bikes spaces accessed via both Sothearos ...

Chan Muyhong
http://www.phnompenhpost.com/business/no-scheme-place-congestion-near-aeon

AEON tenants target Cambodia’s middle class

An ice-skating rink, bowling alley, seven-screen cinema and a proverbial catwalk of high-end European and US labels will start vying for a slice of Cambodia’s rising middle class inside the soon-to-open AEON Mall, management with the firm overseeing it confirmed on Saturday. The Japanese-owned shopping centre’s ...

Hor Kimsay and Eddie Morton
http://www.phnompenhpost.com/business/aeon-tenants-target-cambodia%E2%80%99s-middle-class

Cambodia's garment manufacturers calls on gov't to curb illegal strikes

The Garment Manufacturers Associations in Cambodia (GMAC) on Sunday urged the government to curb outlawed garment strikes that have occurred this week at Special Economic Zones in eastern Bavet City, which are expected to continue next week. “GMAC is disappointed that the government and local authorities ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-04/27/c_133293620.htm

Union leader appeals court orders restricting his activities

Ath Thorn, the president of the country’s largest independent labor union, said Friday that he has appealed court orders restricting his unionizing activity and is seeking support from international labor organizations as he faces charges of incitement. The Phnom Penh Municipal Court has ordered Mr. Thorn, ...

Khy Sovuthy
http://www.cambodiadaily.com/news/union-leader-appeals-court-orders-restricting-his-activities-57425/

GMAC boycotts workshop on minimum wages

A would-be tripartite workshop intended to improve the garment sector’s minimum wage setting process closed Friday, with the industry’s most influential player, the Garment Manufacturers Association in Cambodia (GMAC), boycotting the talks at Phnom Penh Hotel. The two-day workshop would have been the first meeting between ...

Matt Blomberg
http://www.cambodiadaily.com/news/gmac-boycotts-workshop-on-minimum-wages-57430/

Labor unions, associations not allowed to celebrate Labor Day at Freedom Park

Phnom Penh City Hall has refused labor unions and associations to celebrate 128th International Labor Day (May 1) at Freedom Park. The decision was made during a meeting on Thursday between representatives of labor unions, association and Phnom Penh City Hall officials. ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YzFjZmRmZjg4ODE

Battambang, tourism, UNESCO officials talk World Heritage plans

UNESCO, the Battambang provicial government and tourism officials held talks yesterday on plans to list the province on the UN arm’s World Heritage Cities Program. As part of the first of several conferences on sustainable tourism for the conservation of cultural and natural heritage and the ...

Thik Kaliyann
http://www.phnompenhpost.com/business/battambang-tourism-unesco-officials-talk-world-heritage-plans

Factories mostly skip minimum wage meeting

Government officials and union representatives met behind closed doors Thursday to start hashing out a better way to set the minimum wage for the country’s all-important but troubled garment sector at a workshop brokered by the International Labor Organization (ILO). But what was supposed to be ...

Aun Pheap and Zsombor Peter
http://www.cambodiadaily.com/news/factories-mostly-skip-minimum-wage-meeting-57337/

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