News

Angkor Wat sees tourism spike over Lunar New Year

The number of domestic and foreign tourists visiting Siem Reap’s ancient Angkor Wat temple and the Kingdom’s coastal areas increased sharply during this year’s three-day Lunar New Year. Data from the Siem Reap provincial tourism department show that 52,909 tourists visited Siem Reap during Lunar ...

http://www.phnompenhpost.com/2013021461364/Business/angkor-wat-sees-tourism-spike-over-lunar-new-year.html

$2m missing: telecom staff

More than 200 employees of Telecom Cambodia demonstrated yesterday morning, demanding the company’s general director step down and that the Anti-Corruption Unit investigate the company. The strikers claimed general director Lao Saroeun had been involved in large-scale embezzlement, other forms of corruption and disrespect ...

http://www.phnompenhpost.com/2013021461353/National/2m-missing-telecom-staff.html

Land prices along major roads increase sharply

The price of land along four major boulevards in Phnom Penh climbed by 16 per cent in early 2013, according to real estate experts, compared to the same period in 2012. VMC Real Estate chairman Dith Channa said land prices increase because the quality of ...

Seun Son
http://www.phnompenhpost.com/real-estate/land-prices-along-major-roads-increase-sharply

Injunction Issued Against Garment Factory

The Kandal Provincial Court issued an injunction yesterday against Yung Wah Industrial Co. Ltd., preventing the company from selling assets at its two garment factories in Takhmao City where thousands of workers have been protesting the past two days over unpaid wages. ...

http://www.cambodiadaily.com/

Optimism as Cashew Season Gets Under Way

As the cashew-harvesting season in Cambodia’s northeastern provinces begins, farmers are expecting a good crop due to favorable weather conditions last year, an official said yesterday. ...

http://www.cambodiadaily.com

Private residential property in Cambodia attracting foreign investors

Private residential property in Cambodia is being seen by some investors as relatively cheap, with potential for attractive returns. Industry players believe these factors are the main draw for foreign buyers, looking to grow their money in Cambodia. Keuk Narin, vice president of Asia Real Estate Cambodia ...

http://www.channelnewsasia.com/stories/marketnews/view/1253968/1/.html

MTZ to set up Belarus-Mekong joint venture in Cambodia

Minsk Tractor Works (MTZ trademark) will make a monetary contribution to the authorized capital of a private company Belarus-Mekong that is being set up in Cambodia. Upon the suggestion of the Industry Ministry of Belarus, the Belarusian company will transfer 32 million Cambodian riels (about ...

http://news.belta.by/en/news/econom?id=706786

Thousands Protest, Claiming Unpaid Salaries

Thousands of employees of two Singaporean-owned Yung Wah Industrial (Cambodia) Co.Ltd. factories, which produce shirts for Gap Inc. among other international brands, went on strike yesterday in Kandal province, claiming that they were not paid their salaries for last month. “Normally, salaries are paid between the ...

http://www.cambodiadaily.com

Plantation manager aims to be top oud oil producer

Asia Forestry Management, an integrated plantation-management company with a focus on cultivating Aquilaria crassna, aims to become Thailand’s biggest producer of oud oil this year and Southeast Asia’s in five years. The company’s plant in Trat province will be expanded to produce 280 kilograms of ...

http://www.nationmultimedia.com/business/Plantation-manager-aims-to-be-top-oud-oil-producer-30199911.html

Rights Group Denounces Gag Order on Lawyers Before Election

New York-based advocacy group Human Rights Watch (HRW) has accused the Cambodian Bar Association of trying to silence potential government critics ahead of July’s national elections by imposing restrictions on lawyers making public statements. The Bar Association and the Information Ministry have both issued edicts that ...

http://www.cambodiadaily.com

Thousands of Workers Protest For Increase of Minimum Wage

More than 5,000 workers from across seven factories in Svay Rieng province protested yesterday, demanding a doubling of the current minimum wage, a provincial labor official said yesterday. The country’s minimum wage sits at $61, and is supplemented by a $5 health benefit and a ...

http://www.cambodiadaily.com

Food, beverage imports rise

Cambodia spent about $200 million on food and beverage imports to supply the domestic market last year – an increase of more than 10 per cent from the previous year, official data from the Ministry of Commerce show. Government officials and representatives of the private sector ...

http://www.phnompenhpost.com/2013021361334/Business/food-beverage-imports-rise.html

Cambodia greets 333,900 Chinese tourists in 2012, up 35 pct

Cambodia attracted 333,900 Chinese tourists last year, a 35 percent rise compared with 247, 200 Chinese visitors in a year earlier, according to a report of the Ministry of Tourism on Tuesday. “We see a steady rise of Chinese tourists to Cambodia from year to ...

http://news.xinhuanet.com/english/travel/2013-02/12/c_132165732.htm

Siem Reap Province of Cambodia might forge ties with Belarusian region

A parliamentary delegation of Belarus led by Chairman of the House of Representatives of the National Assembly of Belarus Vladimir Andreichenko has paid a visit to Siem Reap Provide [sic] of the Kingdom of Cambodia on 12 February. During the visit Vladimir Andreichenko met with ...

http://news.belta.by/en/news/society?id=706832

Minimum wage may rise for Cambodian garment workers

The Cambodia’s Ministry of Labour has scheduled a meeting on February 26 with representatives of various unions to discuss the new minimum wage for garment workers in the country. However, the Ministry expects the various workers’ unions to agree on what the new wage should ...

http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=120969

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