Industries

Officials protect private company’s machines

Chroy Changva district security guards Thursday stopped villagers from preventing a private company from pumping sand onto the wetlands behind their homes. The Overseas Cambodian Investment Corporation (OCIC) is building a $3-billion real estate project, known as “Chroy Changva City, City of the Future,” on the ...

Ben Sokhean
http://www.cambodiadaily.com/news/officials-protect-private-companys-machines-61335/

Confidence for plan low

Union officials and the garment sector’s factory association said yesterday they supported a new program meant to enhance relations between employers and employees, but remained sceptical of how effective it would be. In a ceremony yesterday, the Ministry of Labour inaugurated the program, which entails training ...

Sean Teehan
http://www.phnompenhpost.com/national/confidence-plan-low

Salt makers shake out a big surplus

Cambodia’s salt production rose sharply at the end of this year’s harvest season thanks to more favourable weather conditions enhancing yields. Salt production in Kampot and Kep provinces – home to Cambodia’s salt fields – reached 147,000 tonnes this year, nearly double the 80,000 tonnes recorded ...

Hor Kimsay
http://www.phnompenhpost.com/business/salt-makers-shake-out-big-surplus

National Silk Board delayed as ministries fail to coordinate

Formation of the National Silk Board (NSB) has been delayed due to a lag in coordinating ministries to create the industry body, according to the spokesman of Ministry of Commerce. The former minister of commerce, Cham Prasidh, said in June last year that he was aiming ...

Chan Muyhong
http://www.phnompenhpost.com/business/national-silk-board-delayed-ministries-fail-coordinate

Gamblers ready for kick-off

With the World Cup set to kick off in Brazil today, gamblers in Phnom Penh are preparing to place their bets, while city authorities are warning that unauthorised wagers will not be tolerated. Dara*, a seasoned gambler who regularly bets on football matches, told the Post ...

Khouth Sophak Chakrya and Alice Cuddy
http://www.phnompenhpost.com/national/gamblers-ready-kick

Strike over late wages at factory

Workers at a Kampot province cement factory began striking yesterday, protesting late payment of their salaries for May. The 224 employees of Cambodia Cement Chakrey Ting Factory in Kampot’s Teuk Chhou district said the company was supposed to pay them at the end of May but ...

Sen David
http://www.phnompenhpost.com/national/strike-over-late-wages-factory

Gov’t to meet unions for salary talks

Union members of the Ministry of Labour’s Labour Advisory Committee (LAC) will meet on Monday for a garment industry wage discussion focusing on ideas raised at a workshop in April. The invitation from Labour Minister Ith Sam Heng was sent to the seven LAC unions on ...

Mom Kunthear
http://www.phnompenhpost.com/national/gov%E2%80%99t-meet-unions-salary-talks

Factory shuts down, doesn’t pay salaries

About 400 garment workers arrived for their shifts and monthly pay at Phnom Penh’s Hongkong Yufeng factory Tuesday only to find it shuttered and its owner nowhere to be found, workers’ representatives said. “Today is payday for the workers and since the employer did not have ...

Mech Dara
http://www.cambodiadaily.com/business/factory-shuts-down-doesnt-pay-salaries-61076/

Ocean workers pray for jobs

Protesting workers at Ocean Garment factory say they are worried the manufacturer, which has suspended operations for one month, will close altogether. About 20 per cent of Ocean’s 1,300 workers demanding full payment during the break have found work elsewhere, while longtime employees are literally praying ...

Mom Kunthear
http://www.phnompenhpost.com/national/ocean-workers-pray-jobs

Capital to host tourism fair

For the first time in the event’s 37-year history, Cambodia is to host the annual Pacific Asian Tourism Association Travel Mart (PTM), an annual tourism trade fair organised by the multinational tourism body. So Visothy, director of marketing and information at the Ministry of Tourism, said ...

Chan Muyhong
http://www.phnompenhpost.com/business/capital-host-tourism-fair

Casino expansion next to Buddhist Institute irks some

Phnom Penh recently saw the destruction of a portion of the Buddhist Institute to make way for the expansion of a casino. Political analyst Lao Mong Hay told “Hello VOA” last week that this kind of development demonstrates an “imbalance” between public and private institutions. The ...

Sophat Soeung
http://www.voacambodia.com/content/cambodia-casino-expansion-next-to-buddhist-institute-irks-some/1933071.html

Kingdom breweries up for sale

Private equity firm Leopard Capital announced Monday that it is putting its controlling interest in Cambodian beer company Kingdom Breweries up for sale as part of the fund’s requirement to exit its investments before a 2016 expiry. Leopard Cambodia Fund, an investment fund managed by Leopard ...

George Styllis
http://www.cambodiadaily.com/business/kingdom-breweries-up-for-sale-2-60905/

Strike continues as T&K rejects lunch allowance

Union representatives stormed out of negotiations and continued a strike yesterday when managers at T&K Garment factory said workers would never receive the 2,000 riel ($0.50) daily lunch allowance allegedly promised to them. A week after they walked off the job, T&K workers at Por Sen ...

Mom Kunthear and Koam Chanrasmey
http://www.phnompenhpost.com/national/strike-continues-tk-rejects-lunch-allowance

Flooding blamed on builder

A Sihanoukville construction project isn’t pulling out all the stops so much as plugging all the drains, leaving neighbouring residents to stew in murky floodwaters, villagers say. Last month, while levelling out the 20-hectare plot, construction workers dumped dirt in front of two large drainage pipes, ...

Sen David
http://www.phnompenhpost.com/national/flooding-blamed-builder

Rolls-Royce to sell luxury automobiles in Cambodia

Fabled luxury car maker Rolls-Royce will soon be marketing its goods in one of the world’s poorest countries: Cambodia. Rolls-Royce Motor Cars announced Monday that it has joined with a Cambodian business partner to open a showroom in the Cambodian capital next month. ...

Fox News Staff
http://www.foxnews.com/leisure/2014/06/09/rolls-royce-to-sell-luxury-automobiles-in-cambodia/

New Zealand supports Angkor restoration

New Zealand will offer US$3.7 million in aid to Cambodia to support a five-year Angkor Wat preservation project. Accoriding to local media reports, the funding was signed, last week, between Bun Narith, Cambodia’s Apsara Authority and Brent Rapson the first secretary of New Zealand Embassy to ...

Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/06/new-zealand-supports-angkor-restoration/

Sambo’s return to city nixed

Sambo the elephant will not be allowed to return to work in Phnom Penh, because both City Hall and the Forestry Administration oppose the idea, the FA’s director-general said yesterday. The 54-year-old Sambo left the city in 2012 after decades of entertaining and giving rides to ...

Kevin Ponniah and Mom Kunthear
http://www.phnompenhpost.com/national/sambo%E2%80%99s-return-city-nixed

Cambodia to diversify

Cambodia Ministry of Tourism hopes to encourage international tourists to visit coastal areas and ecotourism destinations to take pressure off Siem Reap. The ministry’s marketing & promotion department representative, Hou Sokhom, told TTR Weekly that the country needs to encourage tourists to travel more to other ...

Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/06/cambodia-to-diversify/

Cambodia's tax revenue up 12 pct in first 5 months

Cambodia collected 444 million U. S. dollars in tax revenue during the first five months of the year, up 12 percent over the same period last year, said a press statement released by the General Department of Taxation on Wednesday. In May alone, the department ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-06/04/c_133384006.htm

New BKK1 condo development shoots for 2017 completion

Nine floors of the 32-storey BKK1 condominium project, Platinum Bay, are now completed and construction is slated to be completed by mid-2017. Platinum Bay is located on Street 282, not far from the soon-to-be-completed De Castle Royal, a part of town that property insiders see as ...

Siv Meng
http://www.phnompenhpost.com/real-estate/new-bkk1-condo-development-shoots-2017-completion

New report sees strong tourism growth

CBRE Cambodia’s latest MarketView report sees strong growth in Cambodia’s international tourism sector, with particularly strong in international arrivals resulting in growth in hotel occupancy rates and durations of stay. According to the May report, international arrivals in 2013 increased 17.5 per cent, to a total ...

Post Staff
http://www.phnompenhpost.com/real-estate/new-report-sees-strong-tourism-growth

Instability delays CAA launching new routes

Cambodia Angkor Air (CAA) will delay the launch of its planned direct flights to Beijing, Tokyo and Singapore due to unrest in neighbouring countries, the airline said yesterday. Originally slated to open the new routes before the end of the year, tensions in Thailand and Vietnam ...

May Kunmakara
http://www.phnompenhpost.com/business/instability-delays-caa-launching-new-routes

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