Economy and commerce
Tensions flare in minister’s wife’s land dispute
About 100 military and provincial police descended upon the rural village of Lor Peang on Monday morning, acting on what they said was a court order to arrest three villagers standing in the way of an agro-development project. More than 70 local residents involved in a ...
Kuch Naren
http://www.cambodiadaily.com/news/tensions-flare-in-ministers-wifes-land-dispute-63446/
Companies warned over slow development of ELCs
Provincial government officials in Stung Treng have warned companies granted economic land concessions (ELCs) in the province to fulfil their promised development plans or face losing their rights to the land. Touch Thea, director of the Stung Treng provincial department of agriculture, said the call for ...
Chan Muyhong
http://www.phnompenhpost.com/business/companies-warned-over-slow-development-elcs
Sokha Hotel expected to open by september
The $100 million Sokha Hotel and Residence on Phnom Penh’s Chroy Changva peninsula will be ready to receive its first guest by September, and recruitment is under way for more than 1,000 employees, the hotel’s owner said Monday. “We plan to open in September as a ...
Joshua Wilwohl
http://www.cambodiadaily.com/business/sokha-hotel-expected-to-open-by-september-63481/
Commerce minister, US Ambassador swap praise after trade trip
U.S. Ambassador William Todd and Commerce Minister Sun Chanthol praised each other for their dedication to the development of the Cambodian economy at a press conference in Phnom Penh on Monday, following a joint trade mission last month to the U.S. Mr. Todd and Mr. Chanthol, ...
Alex Willemyns
http://www.cambodiadaily.com/news/commerce-minister-us-ambassador-swap-praise-after-trade-trip-63458/
Boeng Kak families ask ACU to probe Senator’s land sale
Residents of Phnom Penh’s Boeng Kak neighborhood lodged a formal complaint with the Anti-Corruption Unit (ACU) on Monday, asking it to investigate 12 current and former government officials and Senator Lao Meng Khin over the senator’s plans to sell land they say was stolen from ...
Mech Dara
http://www.cambodiadaily.com/news/boeng-kak-families-ask-acu-to-probe-senators-land-sale-63453/
Boost for Cambodia’s tourism
Cambodia’s Prime Minister, Hun Sen, says Asia Atlantic Airlines’ upcoming flights that will connect Thailand, Cambodia and Japan will benefit the country’s tourism industry. The airline will fly from Thailand’s Suvarnabhumi Airport and stop in Phnom Penh before flying to Toyko’ Narita, with full traffic rights. The ...
Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/07/boost-for-cambodias-tourism/
ACLEDA Bank launches ACLEDA Internet Bank
ACLEDA Bank PLC, the Cambodia’s leading commercial bank, has launched a new service called “ACLEDA Internet Bank”, according to a statement on its website. The statement said the new service would offer additional alternative for its value customers in doing financial transactions via the internet at ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=NTg0YTVkMDcwMjg
Mobile Food shops to become more popular
Mobile food shops, which are part of services provided by Neat Educational Information Center (NEIC), have first emerged in the middle of Phnom Penh Capital City. These mobile canteens are attracting a lot of customers and have helped create jobs for students who are facing ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=14&token=YjU4NDU1MWQ0MjU
Online registration option to be rolled out to SMEs
The Ministry of Industry and Handicraft will introduce an online registration platform for Cambodia’s small- and medium-sized enterprises (SMEs) this year, a ministry official confirmed yesterday. Heng Sok Kong, secretary of state at the ministry, said the new software for web registration was built in partnership ...
Annie Lee
http://www.phnompenhpost.com/business/online-registration-option-be-rolled-out-smes
Workers continue strike over change to pay day
About 1,000 workers from the Canteran factory in Phnom Penh’s Dangkao district continued to strike on Saturday over a decision to push back the day they are paid. The workers have been on strike since Thursday after being told they will be paid on the 10th ...
Mech Dara
http://www.cambodiadaily.com/news/workers-continue-strike-over-change-to-pay-day-63314/
Mining accidents kill two
Two artisanal miners died and one was seriously injured in two separate accidents on Saturday, police said yesterday. One man was killed and one sustained serious injuries while working for a Chinese mining company at Kbal Damrei commune in Kratie province’s Sambor district. ...
Mom Kunthear
http://www.phnompenhpost.com/national/mining-accidents-kill-two
Bus company to reject workers' win
The general manager of Phnom Penh Sorya Transportation bus company says he will likely reject a Friday ruling by the Arbitration Council ordering the reinstatement of 15 employees fired for trying to form a labour union. Sorya Transportation general manager Chan Sophanna yesterday said he had ...
Mom Kunthear
http://www.phnompenhpost.com/national/bus-company-reject-workers-win
Illegal Ratanakkiri gem mine raided
District and military police in Ratanakkiri raided an illegal gem mine inside a Chinese company’s land concession on Saturday but failed to make any arrests, according to a rights group representative. Chhay Thy, provincial coordinator for Adhoc, said about 200 illegal gem miners had settled on ...
Phak Seangly
http://www.phnompenhpost.com/national/illegal-ratanakkiri-gem-mine-raided
Registration of garment factories up in first half
The number of garment factories registered in Cambodia reached 1,200 at the end of June, an 8 per cent increase over six months ago, according to data released by the Ministry of Industry and Handicraft. The report also showed that the garment sector employed 733,300 workers ...
Daniel de Carteret
http://www.phnompenhpost.com/business/registration-garment-factories-first-half
ANZ ends relationship with Phnom Penh Sugar: report
The commercial relationship between Australia and New Zealand Banking Group Ltd and Cambodia’s Phnom Penh Sugar has come to an end, The Australian reported Saturday. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=ZTc5MjUwYjc2ODV
A ride worth the weight
North of the Sesan River, in protected forests that stretch to the border with Laos and Vietnam, illegal timber traders describe a network of bribery that leaves them counting their riels, despite the multimillion-dollar nature of the industry. In contrast to the large flat-bed trucks owned ...
May Titthara
http://www.phnompenhpost.com/national/ride-worth-weight
Rice export target a big task
The pace of Cambodia’s rice exports are expected to slow this year. Unable to maintain the steady rate of previous years, the export volume for the first half of 2014 is much the same as it was this time last year. At the end of June, ...
Hor Kimsay
http://www.phnompenhpost.com/business/rice-export-target-big-task
ILO says shaming factories leading to improved standards
Naming and shaming factories that fail to ensure a basic standard of conditions for their workers is starting to improve standards in the crucial garment sector, according to the International Labor Organization (ILO), but persistent offenders remain. Nine factories are included in the “lowest compliance” category ...
Holly Robertson and Sun Heng
http://www.cambodiadaily.com/news/ilo-says-shaming-factories-leading-to-improved-standards-63202/
Labor committee details schedule for wage talks: report
The Labor Advisory Committee has asked unions and employers to start separate internal talks on wages this month under a schedule it approved in June, an industry source says. In a report late Wednesday, Fibre2fashion.com said the 28-member committee had agreed that the talks would be ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MzMxODViNmRhMzh
Puny plants perturb Kampot pepper producers
Kampot pepper farmers saw a bumper crop this year with harvest levels up more than 36 per cent, but rain shortages have diminished the producers’ chances of exporting their haul. According to Nguon Lay, president of the Kampot Pepper Promotion Association (KPPA), more than 30 tonnes ...
Chan Muyhong
http://www.phnompenhpost.com/business/puny-plants-perturb-kampot-pepper-producers
Electricity provider to offer Wing payments
Electricite du Cambodge (EdC) on Monday announced it will offer customers in Sihanoukville, Battambang and Siem Reap the option to pay their bills via mobile payment provider Wing. EdC and Wing officials signed an agreement on July 1 at the Cambodiana Hotel in Phnom Penh authorising ...
Hor Kimsay
http://www.phnompenhpost.com/business/electricity-provider-offer-wing-payments
Will AEON mall succeed in one of the poorest countries in the world?
The presence of AEON Mall in Cambodia has stirred a lot of questions revolving around the future success of this Japanese giant mall. Since the official opening of the mall, thousands of people have flocked to visit this new mall. Not only people in general ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZmMxZmI4MTA1Mjg
Direct flights to Japan coming
Asia Atlantic Airlines, a Thai airline owned in part by Japanese tourism firm HIS Co, will launch scheduled flights between Cambodia and Japan this September, according a statement published by the airline on June 26. As of September 2, Asia Atlantic will run three weekly flights ...
Annie Lee
http://www.phnompenhpost.com/business/direct-flights-japan-coming
More work needed at the tax dept, JICA says
The General Tax Department of Cambodia (GTD) needs to improve a number of administration processes to enhance revenue collection and make a greater contribution to the economy, a recent study released yesterday by Japan International Cooperation Agency (JICA) reveals. According to data from GTD, Cambodia ...
Hor Kimsay
http://www.phnompenhpost.com/business/more-work-needed-tax-dept-jica-says