Industries

Grand Twins International, Cambodia’s second stock exchange listing, will list at the lower end of its expected buy-in range, an announcement on the Phnom Penh Securities (PPS) website said yesterday. GTI is to begin trading on May 29 with nine million shares at $2.41 each, according ...

Ancient ironwork at a site in Preah Vihear province that predates the civilisation of Angkor will fall within a new national park formed by royal decree last week. More than 200 pre-Angkor era industrial sites have been discovered since 2010, but the newly created national park ...

Garment factory owners failed to turn up for what was supposed to have been a tripartite meeting with the government and worker unions on Thursday to help break an impasse in negotiations to increase the minimum wage for workers, officials said. The International Labor Organization (ILO) ...

Garment and footwear industry, Cambodia’s largest foreign exchange earner, currently consists of 960 factories, employing some 620,000 workers, labor minister Ith Samheng said Thursday. The sector made a revenue of 5.5 billion U.S. dollars last year, accounting for around 80 percent of the country’s total exports, ...

Twenty-one labor activists who have been detained in Kampong Cham province since their arrests in January were moved to the main prison outside Phnom Penh on Wednesday. Supporters say the 21 are being detained as a lesson to other would-be demonstrators, after a brutal crackdown ...

Two union leaders were summonsed and questioned by a municipal court prosecutor yesterday over allegations they illegally detained the boss of a packaging factory in Por Sen Chey district’s Choam Chao commune during a strike. According to Phnom Penh Municipal Court deputy prosecutor Ek Chheng Huoth, ...

A mid​ strong demand growth in the Grade A office sector, a joint-venture agreement signing event was held at the Sofitel Phokeethra last week, establishing an investment company, provisionally called Kingdom Luxury Development Co, which aims to build a Grade-A office tower Phnom Penh. The joint-venture ...

Dozens of houses have been marked for demolition near Phnom Penh International Airport as authorities say the families must be moved to bring the site in line with international standards. Civil aviation officials visited Chrey Chisark village in Por Sen Chey district’s Choam Choa commune with ...

Cambodia’s Angkor Wat temple, a world heritage site, had attracted 778,740 foreign visitors in the first quarter of 2014, up 12 percent compared to the same period last year, official data showed Wednesday. The top five countries visiting the site are South Korea, China, Vietnam, Japan ...

In a first for Phnom Penh, South Korean condominium developer Nury D&C has teamed up with SBI Royal Securities to offer condominium buyers a leaseback arrangement on the remaining condo-miniums and condo-minium blocks for sale at De Castle Royal. The 32-storey De Castle Royal has a ...

The Phnom Penh Municipal Court on Tuesday ordered embattled union leader Ath Thorn to stay away from the SL garment factory and its workers and to avoid any public gatherings that could “damage public order,” drawing a tight circle around one of the country’s most ...

Two villagers in Kampong Chhnang province’s Kampong Trolach district have fled their homes for safety reasons after getting an alarming summons from police in response to their refusal to accept relocation money from KDC International Company, which has been feuding with locals over land for ...

Exactly who will participate in a workshop to set the minimum wage in the garment sector with the Ministry of Labour this week remained unclear yesterday, with some key figures saying they had not yet been invited. During the workshop, to be held on Thursday and ...

Unrest in the garment sector spread yesterday, as hundreds of workers from Kandal province demonstrated outside their factory. The 700 workers at Unity Fashion factory walked off the job after managers said they would dock wages of workers who did not show up on April 17, ...

A group of bus drivers and representatives of the Cambodian Labor Confederation (CLC) on Tuesday submitted a petition to Labor Minister Ith Sam Heng to intervene in their dispute with the Sorya Bus Transportation Company. At least eight drivers were fired last week shortly after they ...

Cambodia is encouraging green industry development in order to minimize impact on environment and reduce emission of greenhouse gas, Minister of Industry and Handicraft Cham Prasidh said Monday. Speaking at the Green Industry Seminar, Prasidh said currently industry has seen rapid growth but contributed to increasing ...

A familiar figure has popped up atop a building that authorities in Phnom Penh ordered demolished in October for violating height restrictions around the Royal Palace: a statue of late King Father Norodom Sihanouk. “I have built a King statue on the top of my building ...

Embattled union leader Ath Thorn yesterday said that he had begun a fundraising effort, trying to come up with $25,000 in bail money by the end of the week. Thorn, president of the Coalition of Cambodian Apparel Workers’ Democratic Union (C.CAWDU), said union members would begin ...

Small and medium-size enterprises (SME) have been urged by the Cambodian government to employ more environmentally friendly practices at a green industry workshop in Phnom Penh yesterday. Cham Prasidh, minister for the Ministry of Industry and Handicrafts, said SMEs and handicraft producers’ reliance on fossil fuels ...

The vast majority of the country’s 600,000-strong garment factory workforce appeared to be back on the job Monday despite a call from unions to continue a stay-at-home strike until Tuesday. Eight unions had spent weeks urging workers to stay home after the Khmer New Year from ...

The U.N.’s human rights office in Cambodia expressed concern Monday that 22 detained protesters may not be allowed to attend their trials on Friday, while the government insisted that the prisoners will be transported to the court. Two minors were arrested for intentional violence for their ...

A team of disabled security guards hired to protect the embattled SL Garment Factory in Phnom Penh is seeking the formalization of their employment and an end to what they claim is the factory’s exploitation of their impairments. In November—at the height of an occasionally violent, ...

A Phnom Penh-based factory supplying uniforms for police officers and firefighters in the US city of Los Angeles continues to break Cambodian labour laws, a report to be publicly released today says. Kin Tai Garment factory, a supplier to 5.11 Tactical – which sells the uniforms ...

Citi Research, the strategy and analysis arm of Citigroup Inc, one of the world’s largest financial firms, has questioned NagaCorp’s VIP junket program in a recent report that also cites cross-border competition and tourism failings as potential threats to the program’s success. Citi Research’s analysis was ...