News
Government Tells Unions to Agree on Minimum Wage Demands
The government on Monday requested that manufacturers look at raising the minimum wage for garment workers, but only after divided trade unions agree on what that wage should be. “After discussions, those present at the meeting agree in principle to discuss raising the minimum wage ...
http://www.cambodiadaily.com/business/government-tells-unions-to-agree-on-minimum-wage-demands-8193/
Ministry of Tourism to Target Chinese Visitors
Cambodia will construct a Chinese-language website and post Chinese-language signs at local hotels to cater to the growing numbers of Chinese nationals visiting the country, Minister of Tourism Thong Khon announced yesterday. “We will create a website in the Chinese language and also have additional signs ...
More Investment Needed To Process Crops
Prime Minister Hun Sen yesterday said more investment in agriculture was needed to ensure that Cambodia can process its crops and add value to agricultural produce being exported abroad. Speaking at the inauguration of a new cargo port in Kandal province, Mr. Hun Sen said there was an ...
PM urges action against unnamed firms
Prime Minister Hun Sen yesterday ordered officials to take action against unnamed companies he said were using the cover of night to illegally dredge sand from the Mekong River. Calling on Water Resources and Meteorology Minister Lim Kean Hor to lead the crackdown, Hun Sen also ...
http://www.phnompenhpost.com/2013012360929/National/pm-urges-action-against-unnamed-firms.html
European FDI declines, China’s up
European companies contributed less to total foreign direct investment (FDI) in Cambodia in 2011 than in 2012 as Chinese investment rose, Eurocham chairman Dominique Catry said yesterday. According to data from the Council for Development of Cambodia (CDC), 1.9 per cent of the total registered FDIs ...
http://www.phnompenhpost.com/2013012360933/Business/european-fdi-declines-china-s-up.html
Prosecutors tell court to drop charge in land dispute case
Prosecutors yesterday recommended that the Ratanakkiri Provincial Court drop charges against two human rights activists and a radio reporter accused in 2009 of inciting villagers involved in a land dispute against agro-business firm DM Group. Deputy prosecutor Ros Saram told the Post that because he ...
Should Minimum Wage Be Market Driven or Government-Dictated?
Manufacturers and unions aligned with the ruling CPP yesterday said the current labor shortage inside the garment industry would act as an incentive for employers to increase salaries, and that there was no need for the government to impose a new minimum wage. During a meeting ...
Two million tourists from China by 2020: official
Cambodia would host about two million Chinese tourists in 2020, a Cambodian official predicted yesterday. The forecast accompanied figures released by Chinese officials saying the number of Chinese tourists globally would reach 200 million by 2020. ASEAN countries had attracted nine million Chinese tourists last ...
New flights between Sihanoukville and Phnom Penh to be launched soon
New scheduled flights between Sihanoukville and Phnom Penh will probably be launched soon, and Sihanoukville-Siem Reap flights will operate daily instead of three times a week, an industry leader says. These changes by Cambodia Angkor Air had a “high chance” of taking off in April to ...
Group Wants Changes to Prey Long Forest Protected Plan
A local conservation group yesterday called for several changes to a draft sub-decree meant to turn Cambodia’s Prey Long Forest into a protected area, concerned it could end up harming, rather than conserving, the forest. ...
Khuon Narim and Saing Soenthrith, P.20
http://www.cambodiadaily.com
Government okays maize imports
The cabinet approved a plan for the Public Warehouse Organisation to import 450,000 tonnes of tariff-free maize from Laos and Cambodia. Another 250,000 tonnes of maize would be imported from Cambodia, with 100,000 tonnes in August and another 150,000 tonnes between November and January 2014 ...
http://www.bangkokpost.com/business/economics/331949/government-okays-maize-imports
Cambodia inaugurates China-financed new container terminal
Cambodia on Tuesday inaugurated a new container terminal of the Phnom Penh Autonomous Port, turning the port as a large hub for logistics supply and goods collection and distribution. The inauguration ceremony was presided over by Cambodian Prime Minister Hun Sen and Chinese Ambassador to Cambodia ...
http://news.xinhuanet.com/english/china/2013-01/22/c_132119517.htm
Thai factory accused of abuses
Cambodian migrant workers at a tuna processing company in Thailand have had their passports confiscated by their employers and are effectively trapped in substandard work conditions, research released yesterday revealed. Non-profit research organisation Finnwatch said it had found a number of “problems” with working conditions at ...
http://www.phnompenhpost.com/2013012260908/National/thai-factory-accused-of-abuses.html
Japan Marks 60 Years of Relations With Cambodia
This year marks the 60th anniversary since the start of diplomatic relations between Cambodia and Japan – the country’s largest bilateral donor – and to celebrate, the Japanese Embassy is planning an array of cultural events. Speaking at a ceremony to mark the anniversary, Japanese Ambassador ...
No foreign carriers for domestic air travel in Cambodia
The government will not allow international airlines to establish domestic services in Cambodia, and the country’s domestic air travel industry is not being monopolised, says an industry leader. These two points were made by Tek Reth Samrach, state secretary of the Council of Ministers, in response ...
Workers petition Korean government
More than 300 striking workers from the International Fashion Royal garment factory in Phnom Penh appealed for assistance from the South Korean Embassy yesterday afternoon after police blocked their march to Por Sen Chey District Hall, a union official said. Ten days of striking for a ...
http://www.phnompenhpost.com/2013012260899/National/workers-petition-korean-government.html
Chinese Mining Firm Plans Siem Reap Extraction
A Chinese conglomerate headed by an adviser to Senate President Chea Sim plans to begin extracting gold and copper in Siem Reap province in two months, the firm’s chairman said yesterday. Khmer Holding, a group of companies that claims vast mineral interests in Cambodia, opened an ...
Kampot pepper yields to increase
Kampot pepper yields are expected to increase significantly in the first harvest since gaining Geographic Indicator status in April 2010, as increased demand from exporters drives up prices. Output this season is expected to surge by 17 per cent, from 23 tonnes in the last harvest ...
http://www.phnompenhpost.com/2013012260898/Business/kampot-pepper-yields-to-increase.html
FDI to grow small businesses in Cambodia
The recent growth of foreign direct investment (FDI) into the Kingdom will be a good opportunity to develop small- and medium- sized businesses, an official said yesterday. According to Hang Chuon Naron, deputy director of the National Economic Supreme Council and secretary of state at the ...
http://www.phnompenhpost.com/2013012260903/Business/fdi-to-grow-small-businesses-in-cambodia.html
Cambodia’s garment workers to get pay rise for 2013
Garment Manufacturers Association of Cambodia (GMAC) on Monday agreed to increase salaries for the workers in the kingdom’s garment and footwear industries, according to a press release after a closed door meeting. The meeting was attended by Minister of Social Affairs Ith Samheng, Minister of Labor ...
http://www.nzweek.com/world/cambodias-garment-workers-to-get-pay-rise-for-2013-43866/
Anti-competitive behaviour limits Cambodia’s domestic airline industry
Anti-competitive behaviour in Cambodia’s domestic airline industry is limiting its growth, with the relevant authorities “reluctant” to open the domestic market up to competition, an aviation report found. Monopolising this market currently is the country’s flagship carrier, Cambodia Angkor Air, according to a Centre for Aviation ...
Petronas still eyeing Cambodia
After closing the last of its 19 petrol stations in Cambodia in April 2010, Petroliam Nasional Bhd (Petronas) is again eyeing the country’s oil and gas (O&G) sector. This will see Chevron and its partners developing the country’s first offshore oil field this year. According to ...
http://www.theedgemalaysia.com/highlights/229579-petronas-still-eyeing-cambodia.html
Government to invest $4.4B in Public Sector
The government has approved more than $4 billion of investment in the public sector over the next three years in a bid to stimulate economic growth, the council of ministers said in a statement obtained yesterday. “The rolling plan will focus om four main sectors” ...
Vietnam and Cambodia hit back
Vietnam urged Laos to halt construction of a $3.5 billion hydropower dam pending further study, environmental activists said on Friday after a meeting of the Mekong River Commission. The activists said Cambodia, also downriver from the Xayaburi dam, accused Laos during heated discussions on Wednesday and ...
http://bdnews24.com/environment/2013/01/21/vietnam-and-cambodia-hit-back