Industries

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/

GMAC to hold class on firing

Amid complaints from union and labour rights officials of illegal firings over the years, Cambodia’s garment factory association is holding a course on the termination process in Preah Sihanouk province today. ...

Sean Teehan
http://www.phnompenhpost.com/national/gmac-hold-class-firing

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

Bridge SoHo launch receives warm reception

Sales of the SOHO (small office and home office) component of The Bridge condominium project, which will have 54 floors and will be built with an investment of $300 million, officially launched last week. Sear Rithy, director of World Bridge Land, said he was proud and ...

Hin Pisei
http://www.phnompenhpost.com/real-estate/bridge-soho-launch-receives-warm-reception

After jail, Pov gains following

Before he was arrested in January, Vorn Pov and the union he created were not widely known outside of activist circles. But when he emerged from Phnom Penh’s CC1 prison on Friday, he walked away as one of the highest-profile unionists in the country, and a ...

Kevin Ponniah, May Titthara and Sen David
http://www.phnompenhpost.com/national/after-jail-pov-gains-following

A factory or family dilemma

Being placed on consecutive short-term contracts in Cambodia’s predominantly female-staffed garment sector is forcing many women to choose between a family and a factory job, unionists and rights groups said yesterday. Ken Chenglang, acting president of the National Independent Federation Textile Union of Cambodia, said many ...

Amelia Woodside and Mom Kunthear
http://www.phnompenhpost.com/national/factory-or-family-dilemma

Factory faintings back on rise

More than 600 workers have fainted on factory floors so far this year, compared with about 800 such incidents over the whole of 2013, a Labour Ministry official said yesterday. Pok Vanthat, deputy director of the ministry’s labour health department and head of a committee that ...

Chhay Channyda
http://www.phnompenhpost.com/national/factory-faintings-back-rise

Construction raking in cash

Foreign and domestic investment in construction projects skyrocketed in the first four months of the year, government data suggests. Ministry of Land Management and Urban Planning data revealed last week shows total investment in new construction projects reached more than $1.4 billion at the end of ...

May Kunmakara and Sum Manet
http://www.phnompenhpost.com/business/construction-raking-cash

Out of jail, garment worker sees uncertain future

When Pang Vunny walks around his rented room just off of Veng Sreng Boulevard, he waves his hand from side to side in front of him, like a man feeling his way in the dark. Ever since he was arrested and badly beaten on January 2 ...

May Titthara
http://www.phnompenhpost.com/national/out-jail-garment-worker-sees-uncertain-future

Thai gamblers drop after coup

The number of Thai visitors crossing the border to place bets at Cambodian casinos has fallen since that country’s military staged a coup late last month. Kim Ledaro, managing director of Crown Resorts Co, which operates three Crown-branded casino resorts in Bantey Meanchey province’s Poipet town, ...

Chan Muyhong
http://www.phnompenhpost.com/business/thai-gamblers-drop-after-coup

South Korea Denies Asking Gov’t to Stop Strike

The South Korean ambassador to Cambodia, Kim Han-soo, on Monday denied having asked the Labor Ministry to stop a strike at a South Korean-owned garment factory last week, but said the dispute has put a $40 million investment from the parent company on hold. On Sunday, ...

Zsombor Peter and Hul Reaksmey
http://www.cambodiadaily.com/news/south-korea-denies-asking-govt-to-stop-strike-60316/

Cambodia’s ‘Better Factories’ Are Getting A Lot Worse

Three months pregnant at the time, Sam Ath doesn’t remember collapsing two months ago at the crowded, muggy garment factory where she works at the southwestern edge of the Cambodian capital. The 30-year-old woke up in a hospital bed, only to be told that she had ...

Geoffrey Cain
http://www.mintpressnews.com/cambodias-better-factories-are-getting-a-lot-worse/191790/

Two accused over suspected fake shower lotion

Two Vietnamese men appeared in Kompong Chhnang Provincial Court on Monday for allegedly selling bottles of fake shower lotion. Nguyen Yang Nhik, 24, and Lam Thai Chou, 36, were arrested with 31 boxes of fake shower lotion at the Kompong Tralach district market on Saturday, police ...

Hay Pisey
http://www.cambodiadaily.com/news/two-accused-over-suspected-fake-shower-lotion-60324/

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