Industries

Cambodia’s insurance business is continuing to make strides, with the total value of engineering insurance reaching approximately $4 million in 2013, a significant increase compared to 2012. According to data recently released by the Insurance Association of Cambodia, the value of engineering insurance purchased in 2013 ...

A report on land prices in Phnom Penh that claims to be the first of its kind has canvassed a large number of correspondents to comprehensively gauge property values in the city’s various districts and communes. Released on March 3, Land Price 2014, which was produced ...

An existing moratorium on economic land concessions should be no impediment to pouring more cash into the Kingdom’s booming, and highly criticised, rubber trade, industry executives in the capital heard yesterday, as many current ELCs can simply be recycled to a new crop of investors. Ly ...

Despite anticipating violence between unionists and authorities, labour union heads yesterday said they will go ahead with a public forum at Freedom Park on Saturday morning. Phnom Penh City Hall on Tuesday denied a request by 18 union federations to hold a public forum at ...

Moody’s Investors Service affirmed Wednesday Cambodia’s government issuer rating at B2 with a stable outlook, stating that recent labour unrest could result in only slightly slower economic growth this year. “Cambodia’s underlying credit strengths are expected to withstand the impact of recent political tensions and labor ...

A group of 18 labor unions and associations said they will proceed with plans for a public forum in Phnom Penh’s Freedom Park on Saturday, despite City Hall’s rejecting their request, citing public security concerns. The unions, who are organizing a nationwide strike in the garment ...

When a group of six unions organized nationwide strikes in December demanding a $160 minimum wage, the opposition CNRP aggressively took up the cause. Opposition leaders rallied support outside factory gates around the country and tens of thousands of garment workers flooded into Phnom Penh’s Freedom ...

Prime Minister Hun Sen told business leaders and government officials Tuesday that he will not tolerate “illegal” labor strikes that harm investment, but avoided judgment on a request to withdraw ratification of a U.N. convention protecting workers’ rights to unionize. Speaking at the 17th Government-Private Sector ...

Heng, a Cambodian development company, has made a big surprise when introducing its self-modified electric car. The car, named Angkor EV 2014, is created by a local designer, manufactured by Heng Company which has set up a $20 million factory in Kandal province. The car, operated by ...

Many small and medium companies of Japan are showing their interest in doing business in Cambodia, according to an assistant of Prime Minister Hun Sen. 99 percent of Japanese small and medium companies are interested in investing in Asia, especially in Cambodia, which is located ...

28 complaints have been filed against labor union leaders who led and allegedly incited protests from December last year to January 5, 2014, said factory representative on Tuesday. ...

The Government-Private Sector Forum was held here on Tuesday after it has had a hiatus for two consecutive years because of Cambodia’s ASEAN chairmanship in 2012 and general election in 2013.     The Tuesday’s dialogue was presided over by Prime Minister Hun Sen with the participation of ...

Cambodian Prime Minister Hun Sen reiterated Tuesday that the government would no longer tolerate illegal strikes or demonstrations led by the opposition and its aligned trade unions. Speaking during the 17th Government-Private Sector Forum, the premier said the opposition party and its trade unions have used ...

Workers at two different garment factories say that managers locked them inside their workplaces last week when they tried to participate in a boycott of overtime. Union representatives and rank-and-file employees at Kampong Speu province’s Complete Honour Footwear Industrial Cambodia Co, Ltd and Dai Yi Fashion ...

Cambodian Prime Minister Hun Sen said Tuesday his government wants to make it easier for Japanese travelers to visit Cambodia by introducing in-flight processing of tourist visas. Speaking at a government forum with private sectors in Phnom Penh, Hun Sen said the original idea from the ...

Cambodian workers will be the ultimate victims if minority and violent unions continue to put the garment and shoe industries under the state of uncertainty and unpredictability by continuing to demand for further wage hikes that the industry cannot afford, an employers’ association said in ...

The Malaysian Insurance Institute (MII) and the Insurance Association of Cambodia (IAC) have signed a Memorandum of Understanding (MoU) for “a bilateral collaboration to forge a beneficial business relationship to further enhance insurance knowledge and skills development for the insurance industry in Cambodia,” said a ...

Auditors from the Coca-Cola Company visited Oddar Meanchey province on Friday to investigate allegations of land grabbing against sugar plantations that supply the global drinks giant, but called off a community meeting because of a heavy police presence, an NGO said Sunday. Chun Bora of the ...

The leaders of 18 unions and union confederations this week will invite ruling and opposition party members to take part in a public forum where labour relations issues will be discussed. Rong Chhun, president of the Cambodian Confederation of Unions (CCU), yesterday said the letters have ...

Australia-based energy company Star8 officially launched operations on Friday at its solar-powered factory just outside of Phnom Penh. The ceremony marked the commencement of production on solar-powered tuk-tuks, the mainstay of the company. Hun Many, the youngest son of Premier Hun Sen, and Alison Burrows, the Australian ...

Two union representatives said that they were detained and “educated” Thursday for distributing leaflets calling on workers to participate in a nationwide strike next month. Yin Saroeun, secretary-general of the National Trade Unions Coalition, said police detained him and his colleague, Chuob Noek, at about 11 ...

In 2011, the Environment Ministry entered into a deal with the Ratana Cooperation and Construction company to swap its valuable 2,400-square-meter location on Sihanouk Boulevard in Phnom Penh’s Tonle Bassac commune for a 9,000-square-meter plot of land and a new headquarters 20 km away in ...

Cambodian Prime Minister Hun Sen expects the country to welcome 8 million foreign visitors by 2020. Talking to local media, the PM said the country was on track to achieve the ambitious target by 2020. The largest sources of tourists to Cambodia are Vietnam, China, South ...

At least 104 workers at two Cambodian factories fainted on Thursday morning due to exposures to chemical substances, the country’s union and factory officials said. Soeun Kea, head of the Free Trade Union at the Shimano factory in Kampong Speu Province, said that at least ...