Industries

Cambodia’s economic growth rate is expected to exceed 7 percent both this year and next, the Asian Development Bank said Wednesday. The ADB maintained its forecast for this year’s economic growth at 7.2 percent, supported by strong exports and robust construction and service sectors. The ...

Group Lease plans to raise Bt3.4 billion from shareholders to expand its main motorcycle-leasing business aggressively and enter other types of “small credit” businesses here and in neighbouring countries, especially Cambodia, over the next two years. The company is reportedly negotiating to take over a ...

The head of the Better Factories Cambodia (BFC) program said yesterday that consultations on its new public-disclosure initiative have been going on for more than a year, contrary to claims by a garment factory representative who characterised the process as hasty. Jill Tucker, chief technical adviser ...

After a five-year break, Lao Airlines will revive the Phnom Penh-Vientiane route with direct flights three times a week starting in November, the company’s representative said yesterday. Ek Narun, assistant to the general manager of Lao Airlines in Phnom Penh, said tickets will be available for ...

Vietnam Dairy Products Joint-Stock Co., the nation’s largest dairy producer, is building a milk factory in Cambodia as it plans a global expansion to more than double annual revenue to $3 billion by 2017. The company known as Vinamilk is opening a plant in the capital ...

During the first half of 2013 the import of bicycles in the 27 European Union member states dropped with a big 11%. Almost all EU bike supplying countries saw their export drop; except for one. Cambodia stands out as their export of bicycles to the ...

Following the International Labor Organization’s (ILO) announcement that its Better Factories Cambodia (BFC) program will from January name and shame firms that contravene Cambodian labor laws, the Garment Manufacturers Asso­ciation in Cambodia (GMAC) has urged factory operators to refuse entry to ILO monitors, unless they ...

Still agitated 20 minutes after the rally in front of SL Garment Processing (Cambodia) Ltd had dispersed yesterday, Choem Som Im held up seven fingers as she jerked her arms forward and spoke in an equally sharp tone. The dilemma, faced by many garment workers, ...

A Singaporean-owned garment factory whose workers have been on strike since early August is no longer producing clothes for American denim giant Levi Strauss, a brand representative and a factory worker said Monday. The workers of SL Garment Factory in Meanchey district—which still makes clothes for ...

PHNOM PENH (The Cambodia Herald) — Chinese Tourism companies have warned their citizens visiting Siem Reap province not to buy gifts or souvenirs from vendors for fear of expensive counterfeit products.  A tourist guide in Ankor Wat, Siem Reap said that this happens a lot because ...

The condominium market in Phnom Penh is still very much within its early stage of development and thus is unlikely to flourish until there is a cultural shift towards owner occupants relocating to condominium developments within the city. This however will be heavily dependent on the ...

Preparing for a demonstration expected to draw thousands of garment workers this morning, Ath Thorn, president of the Coalition of Cambodian Apparel Workers Democratic Union (C.CAWDU), said yesterday that he feared the possibility of a heavy-handed military police response. About 4,000 workers gathered at SL ...

Chongqing and Phnom Penh will become sister cities, after which it will be more convenient for those Chongqing enterprises to invest in Cambodia. Cambodia is an important trading partner for Chongqing and it has become one of the major countries for the development strategy of “going ...

Economists and analysts on Thursday shrugged off the opposition CNRP’s threat to stage nationwide labor strikes, arguing that while such a move could lower profits for companies in the short term, it would not significantly deter foreign investors. Mr. Rainsy, who mentioned the possibility of strikes ...

PHNOM PENH, Sept. 27 (Xinhua) — Cambodia’s construction sector had received a total investment of 2.14 billion U.S. dollars in the first eight months of the year, up 40 percent from 1.53 billion U.S. dollars over the same period last year, a government report showed ...

The plan to build the US$1.1 billion Booyoung Town commercial city and housing estate on Russian Federation Blvd near the 7 Makara Bridge is moving forward slowly while the political situation remains unclear. Despite the political situation, construction at Booyoung Town was slowly moving forward and ...

SIEM REAP, Cambodia, Sept. 26 (Xinhua) — National flag carrier, Cambodia Angkor Air (CAA) began regular flights to Guangzhou City in China’s Guangdong province on Thursday, aiming at attracting more Chinese travelers to Cambodia, a company’s senior official said. China is the third largest source ...

Nathan Horton’s business model is straightforward. A professional photographer, Horton helps amateur photographers take pictures abroad. Photo tourism is an increasingly lucrative trade in Cambodia. Horton, who runs half-day jaunts in Phnom Penh and longer journeys into the provinces, is one of the practitioners capitalising on ...

Construction has started on the 22-storey Toyoko Inn Hotel, which will cost US$20 million to build, near the Hang Bridge. The project is due to be completed in November 2014. Touch Somnang, the Project Manager for the Koh Pich development project, said the Toyoko Inn Hotel ...

Japan plans to relax visa requirements for Myanmar, Cambodia and Laos by the end of this year, as part of efforts to boost tourism to promote the country’s economic growth strategy, government sources said Wednesday. The government is considering allowing the issuance of “multiple-entry visas” for visitors ...

Management at the Chhin Chin garment factory yesterday agreed to meet workers’ demands to receive their wages before the Pchum Ben holiday after a 150-worker demonstration briefly blocked National Road 4 in front of the factory. Workers at the factory, which is located in Phnom Penh’s ...

More than 100 military police officers stood guard outside a garment factory in Phnom Penh’s Meanchey district on Monday and prevented workers from returning to work, employees and local officials said. Workers from Singaporean-owned SL Garment Factory—which makes clothing for U.S. brands Levi’s and Gap—have been ...

A monitoring group backed by the United Nations said it would begin to publicize garment factories’ compliance with worker rights and safety standards in Cambodia, a controversial program that its organizers say will be the world’s most extensive initiative to improve working conditions at plants. The ...

Solar-powered tuk-tuks could be rolling off the assembly lines in Phnom Penh as early as March next year, allowing local tuk-tuk drivers a cost-effective and greener alternative to using petrol, according to the company manufacturing the vehicle. Star 8, the Australia-based alternative energy firm behind the ...