Industries

The Sihanoukville option

As property prices in Phnom Penh and Siem Reap continue to push upwards, many investors are quickly being priced out of these first-tier markets. Looking at second-tier cities around the Kingdom, Sihanoukville in particular stands out as an investment destination worth serious consideration. Named after the ...

Chris Horton
http://www.phnompenhpost.com/real-estate/sihanoukville-option

Hun Sen: Minimum wage of workers cannot be increased to USD160

Prime Minister Hun Sen on Tuesday said it would be impossible to double the garment workers from USD 80 to USD 160 even though he wish to see them to have better life. “Which leaders and Prime Ministers don’t want to see their peoples have good ...

Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=M2EzNmZiZGVkNjA#sthash.0G8ytVha.dpuf

Vinamilk deal to go ahead

Vietnam Dairy Product Joint-Stock Co, better-known to milk lovers as Vinamilk, was granted a licence on Monday to open a $23 million processing facility in Phnom Penh’s Special Economic Zone. A statement to the Ho Chi Minh Stock Exchange released by the dairy giant on Monday ...

Eddie Morton
http://www.phnompenhpost.com/business/vinamilk-deal-go-ahead

Garment Workers Go Back on Strike Over Unpaid Wages

Thousands of garment workers from four factories have gone back on strike this week to protest a decision by their employers to withhold pay for the days they did not work during recent nationwide strikes. Between 8,500 and 12,500 workers at four factories—two in Phnom Penh, ...

Aun Pheap
http://www.cambodiadaily.com/news/garment-workers-go-back-on-strike-over-unpaid-wages-50580/

Cambodia opposition leaders questioned in court

Cambodia’s opposition leaders were questioned in court Tuesday in connection with recent protests against strongman premier Hun Sen — a case they denounced as politically motivated. Prosecutors at Phnom Penh Municipal Court spent several hours grilling Sam Rainsy and his deputy Kem Sokha about unrest that ...

Channel News Asia Staff
http://www.channelnewsasia.com/news/asiapacific/cambodia-opposition/954294.html

Kampong Thom temples next on UNESCO wish list

Kampong Thom’s Sambor Prei Kuk temple complex will be the next Cambodian site nominated for inclusion on UNESCO’s World Heritage List, Deputy Prime Minister Sok An announced yesterday at the 20th Congress of the Indo-Pacific Prehistory Association (IPPA). The seventh-century complex, which predates Angkor Wat by ...

Stuart White
http://www.phnompenhpost.com/national/kampong-thom-temples-next-unesco-wish-list

Little Paris comes to Koh Pich

Construction on a four-year, $150 million commercial and residential development that will transform 70,000 square metres of land on Koh Pich into Parisian-style apartments with a replica of the Arc de Triomphe at the centre is reportedly scheduled to commence in the coming months. The Élysée, ...

Eddie Morton
http://www.phnompenhpost.com/business/little-paris-comes-koh-pich

Hotel with foreigners in mind set for PPSEZ

A hotel catering to foreign investors and expatriate employees is being built inside the Phnom Penh Special Economic Zone (PPSEZ), management confirmed yesterday. The project will be constructed through a joint venture between PPSEZ and the Tokyo Stock Exchange-listed Tama Home. ...

Daniel de Carteret
http://www.phnompenhpost.com/business/hotel-foreigners-mind-set-ppsez

Cambodians and Koreans Join Protest in Seoul

Hundreds of Cambodians living in South Korea protested in front of Seoul’s City Hall on Sunday, demanding justice for five garment workers killed in clashes with police on January 3, and calling for Prime Minister Hun Sen to step down. With public protests indefinitely banned in ...

Colin Meyn
http://www.cambodiadaily.com/news/cambodians-and-koreans-join-protest-in-seoul-50459/

Construction investment notably increases in 2013

Construction investment in Cambodia in the past 11 months of 2013 was worth of USD 2.4 billion or 1526 projects, covering construction area of 7 million sq km, said The Ministry of Urbanization and Construction. The ministry added that compared with the same period of last ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NTEzNDI5N2YzMGE

More foreigners visit Cambodia's two world heritage sites in 2013

Cambodia’s two world heritage sites, the Angkor Wat temple and Preah Vihear temple, continued to see growth in the number of foreign tourists in 2013, tourism officials said on Sunday. The Angkor Wat temple welcomed about 2.23 million international visitors in the year, up 8 percent ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/12/c_133038342.htm

Japan Asked Government to Protect Its Interests During Strike

Japan has expressed its deep concern about the situation in Cambodia following the deadly crackdown on striking garment workers last Friday, and admitted Thursday that it had contacted the government during the protests to ask for protection of Japanese citizens and companies. Military police armed with ...

Simon Henderson
http://www.cambodiadaily.com/news/japan-asked-government-to-protect-its-interests-during-strike-50399/

Svay Rieng garment workers fired, suspended

Factories in Svay Rieng province’s Manhattan Special Economic Zone have fired or suspended at least 50 workers – and are pursuing legal action against some – for participating in a strike last month that saw some 30,000 walk off the job. Heads of the Collective Union ...

Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/national/svay-rieng-garment-workers-fired-suspended

Koh Pich: diamond in the rough slowly comes together

Since being designated for development by the municipal government in 2006, Koh Pich has been abuzz with activity. Now covered in the widest, least-congested roads in central Phnom Penh, this island is filling up quickly with residential, retail and hospitality projects aimed at affluent locals ...

Chris Horton
http://www.phnompenhpost.com/real-estate/koh-pich-diamond-rough-slowly-comes-together

Strikers fired in Svay Rieng

Factories in Svay Rieng province’s Manhattan Special Economic Zone have fired or suspended more than 200 workers – and are pursuing legal action against some – for participating in a strike last month that saw some 30,000 walk off the job. An accountant at Kingmaker (Cambodia) ...

Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/national/strikers-fired-svay-rieng

Still much to learn about Times Centre

Construction on Times Centre’s three skyscrapers near Olympic Stadium will commence early this year, but little is known about several key aspects of the project, including the company behind the project. The Times Centre project, which will incorporate retail and office space with 1,000 condominium ...

Siv Meng
http://www.phnompenhpost.com/real-estate/still-much-learn-about-times-centre

South Korean Embassy Denies Role in Strike Suppression

The South Korean Embassy on Wednesday denied a news report that it had lobbied Cambodian military authorities to “crack down on protesters” in a bid to shield Korean investments in the garment industry, prior to Friday’s killing of five protesters and the wounding of more ...

Denise Hruby
http://www.cambodiadaily.com/news/south-korean-embassy-denies-role-in-strike-suppression-50364/

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