News

Opportunities for Cambodian growth

China’s transition from export-led to domestic-led growth, combined with the rising costs of production, could provide opportunities for Cambodian growth and diversity, analysts say. Faisal Ahmed, the IMF representative for Cambodia, said the Kingdom was already experiencing an increase in trade activity as a result of ...

http://www.phnompenhpost.com/2013012560983/Business/opportunities-for-cambodian-growth.html

Denso To Turn Out Motorcycle Parts In Cambodia

Denso Corp. (6902) will begin making motorcycle parts in Cambodia in July, responding to growing production of vehicles in Southeast Asia. The autoparts manufacturer will establish a production subsidiary in Cambodia in April. Plans are to lease a plant in the Phnom Penh Special Economic Zone ...

http://e.nikkei.com/e/fr/tnks/Nni20130123D2301N02.htm

Southwest border flooded with contraband

The southwestern areas along the Vietnam – Cambodia border are now in their usual busy time of the year, with smuggled goods entering the country with near impunity. Most of the markets in the Mekong Delta are flooded with various contraband products, mostly brought from China ...

http://tuoitrenews.vn/cmlink/tuoitrenews/business/southwest-border-flooded-with-contraband-1.97203

Union warns of general strike if wage hike too small

The Cambodian Confederation of Unions warned Thursday of a general strike if proposed increases in monthly salaries are too small. “Cambodia will have a big strike exploding across all clothing and footwear factories if minimum wages are raised by only 10 percent from the basic $61,” ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YjU1ZTNmYzkyMzYzZTNjOTU3ZTEzOTFhM2ZmOGE4

Cambodia, UAE set to boost cooperation in economics, tourism

Cambodia and the United Arab Emirates (UAE) are in talks to promote bilateral cooperation in trade, investment and tourism on Wednesday. In the meeting, both sides discussed a Memorandum of Understanding (MoU) on aviation in order to enable UAE airlines to operate direct flights from ...

http://news.xinhuanet.com/english/world/2013-01/23/c_132123114.htm

Cambodia Angkor Air expands its international network

For a long time, Cambodia’s national carrier Cambodia Angkor Air (CAA) served only as a feeder carrier to its shareholder Vietnam Airlines. Three lines were then in service on routes linking Phnom Penh to Siem Reap, Phnom Penh-Ho Chi Minh City and finally Siem Reap-HCMC. ...

http://www.traveldailynews.asia/news/article/51485/cambodia-angkor-air-expands-its

Industry Handicraft Fair to feature Cambodian-made goods

Organisers expect the Industry Handicraft Fair 2013, with the theme “Excellence of Cambodia Goods and Services”, to attract about 200,000 people. The fair, to be held at the Koh Pich Exhibition Center over three days at the end of March, will have 460 booths exhibiting 100 per ...

http://www.phnompenhpost.com/2013012460961/Business/industry-handicraft-fair-to-feature-cambodian-made-goods.html

LED lights’ lure of lower electricity bills

The locally based Global Media Group is bringing the latest LED lighting technology to the Cambodian market in an effort to reduce people’s electricity bills. GMG assistant chief executive Bun Sim said the company would use all its know-how, as well as experts from South Korea, ...

http://www.phnompenhpost.com/2013012460969/Business/led-lights-lure-of-lower-electricity-bills.html

Ecuador, Cambodia Sign Antiquities Agreement

Government officials yesterday met with representatives from the Republic of Ecuador to discuss ways to improve economic and political ties between the two countries, Foreign Ministry Secretary of State Ouch Borith said. The two countries also signed a memorandum of understanding to protect Cambodian artifacts ...

http://www.cambodiadaily.com

China’s appetite for rubber increasing

Natural rubber consumption in China, Cambodia’s largest rubber market, is expected to rise by 7.2 per cent in 2013 after growing by 4.5 per cent last year, according to the Singapore-based International Rubber Study Group (IRSG). Demand in North America was expected to grow 4.2 per ...

http://www.phnompenhpost.com/2013012460966/Business/china-s-appetite-for-rubber-increasing.html

Cambodia's 'worst year’ for land disputes

More than 200 people were arrested while defending their land in 2012 – a year human rights groups described yesterday as Cambodia’s “worst” for land disputes. Of the 201 people arrested – a figure that more than doubled the 2011 total – 29 were imprisoned, mostly ...

http://www.phnompenhpost.com/2013012460955/National/cambodia-s-worst-year-for-land-disputes.html

About 1,000 Electronics Factory Workers Protest

About 1,000 workers protested yesterday morning outside a Taiwanese electronics factory in Svay Rieng province’s Manhattan Special Economic Zone (SEZ) to demand better working conditions, a union representative said. Among workers’ demand is a salary increase from the current minimum monthly wage of $61 to $70, ...

http://www.cambodiadaily.com

After 6 Years, No Solution in Minority's Land Case

Ethnic minority Jarai families in Ratanakkiri province locked in a land dispute with Keat Kolney, the sister of Finance Minister Keat Chhon, yesterday marked the sixth anniversary of inaction in the court compliant they filed accusing Ms. Kolney’s firm of taking 450 hectares of their ...

http://www.cambodiadaily.com

Cambodian government focuses on fire safety

The Cambodian government is beginning to focus on fire security and intervention systems in skyscrapers, which are on the increase in Phnom Penh. Lieutenant Colonel Neth Vutha, chief of the Fire Station of the Phnom Penh Police Department, said the General Commissariat of the National Police ...

http://www.phnompenhpost.com/2013012460945/Real-Estate/cambodian-government-focuses-on-fire-safety.html

$20m mill will lift rice exports

Cambodian company Soma Group has signed a joint-venture agreement with Thai-based CP Intertrade to build and operate a $20 million rice mill that will process fragrant rice for export. Industry insiders say the mill will increase Cambodia’s rice export capacity and boost the Kingdom’s ability to ...

http://www.phnompenhpost.com/2013012460970/Business/20m-mill-will-lift-rice-exports.html

Nearly 1,000 workers fired from Winson International garment factory

Eight hundred and sixty-eight workers have been fired from the Winson International garment factory after they refused to obey a Kampong Speu Provincial Court injunction last week ordering them back to work within 48 hours. Free Trade Union official Ry Sithinet said yesterday that the workers, ...

http://www.phnompenhpost.com/2013012460953/National/nearly-1-000-workers-fired-from-winson-international-garment-factory.html

Electronics market in Cambodia booms

The burgeoning demand for high-end electronic devices in Cambodia, driven by a more affluent and growing middle class, has doubled or even tripled sales revenues in the country, industry leaders say. “The market demand is shifting to the premium segment – from normal phones to smart ...

http://www.phnompenhpost.com/2013012460963/Business/electronics-market-in-cambodia-booms.html

A road runs through them

UP AND down a 4km stretch of highway on the northern outskirts of Phnom Penh, about 3,000 of Cambodia’s Cham minority have built a life. Their distinctive Muslim culture thrives in conditions of close-knit community, a stark contrast to the shattering days the country endured ...

http://www.economist.com/blogs/banyan/2013/01/cambodia%E2%80%99s-cham

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