H&M in second mass faint
The second mass fainting to hit a factory in Kampong Chnnang that supplies knitwear for H&M this week has prompted intervention from provincial labour officials and an investigation by the Swedish-based company. The International Labour Organisation, which monitors the M&V factory where as many as ...
Tep Nimol and Vincent MacIssac, P. 2
http://www.phnompenhpost.com/national/hm-second-mass-faint
ABF Freight Adds Offices in Asia
ABF Freight System Inc. on Monday announced it had opened offices in Indonesia, Japan, Singapore, South Korea, Malaysia, Vietnam, Thailand, Cambodia, Myanmar, the Philippines, India and Sri Lanka. The locations are in addition to ABF offices in China, Hong Kong and Taiwan, ABF said in a ...
http://www.arkansasbusiness.com/article.aspx?aID=128384.54928.140526
Bonus agreement in garment worker strike
Zhen Yong Garment Factory Co Ltd has agreed to some of the demands of about 400 workers who went on strike last week, including paying annual bonuses early next month Prum Veasna, deputy of the labor dispute department at the labor ministry, said yesterday that the ...
Increase in visitors to Preah Vihear
Foreign visitors to the 11th-century Preah Vihear temple, on the Cambodian-Thai border, rose almost 78 per cent between January and October compared with the same period last year, despite a deadly border dispute that drew international attention in February. About 2,140 foreign nationals visited the 1,000-year-old ...
Criminal gang targeting ATMs in Cambodia
A group of highly organized criminals have been installing devices into ATMs around Cambodia capable of copying card details and stealing thousands of dollars of cash from customer bank accounts. Canadia Bank and ANZ are among the banks that have been targeted by the gang, who ...
Manulife to launch operations in Kingdom
Canadian firm Manulife Financial plans to set up one of Cambodia’s first life-insurance operations, the company said yesterday. The Ministry of Economy and Finance had approved “in principle” the investment, which a spokesperson from the company said would be at least US$7 million ...
Call to protect workers in Malaysia
The government was urged yesterday not to start sending domestic helpers to Malaysia again until it had a Memorandum of Understand with Kuala Lumpur guaranteeing protection of Cambodian migrant workers there. Ya Navuth, executive director of Coordination of Action Research on Aids and Mobility, also said ...
Forestry department confiscated rosewood in Ratanakiri
The Ratanakiri provincial forestry department over the past week in Andong Meas district confiscated more than 600 pieces of the luxury rosewood species of timber, a forestry official said. Vong Sok Serie, Ratanakiri provincial administration chief, said his officers collected a total of 610 pieces of ...
Villagers to block roads in protest
Hundreds of people whose land has been swallowed by a giant Chinese tourism project on the coast of Koh Kong province will attempt to demonstrate their grievances today by blocking national roads 4 and 48, villagers and human rights workers said Protesters have been resisting China’s ...
Kingdom sees boost in foreign reserves
Cambodia’s total foreign reserves jumped to US$3 billion in the first half of 2011, up from $2.7 billion at the end of last year, according to the National Bank of Cambodia. The reserves help to bolster the Kingdom’s financial standing, which in turn draws investor interest ...
New securities dealer launches in Kingdom
Golden Fortune Securities, a Cambodian-Chinese joint venture and the Kingdom’s second securities dealer, officially opened its doors yesterday. The company was the most recent of Cambodia’s 13 licensed dealers, brokers and underwriters to launch operations. A date for company listings, or actual Cambodia Securities Exchange operations, was ...
Export figures up 42% in 2011
Strong growth in garment, textile, and agricultural exports drove a 42.7 per cent increase in Cambodia’s total exports for 2011, official Ministry of Commerce data shows. The Kingdom exported $4.98 billion in goods last year, compared with $3.49 billion the year before. Market diversification and a relaxing ...
New travel association launches in Kingdom
The Pacific Asia Travel Association (PATA) launched its Cambodian chapter on Friday in the hope of further promoting the country’s second-largest sector by revenues. The sparsity of air routes to Cambodia was one of the main obstacles to the Kingdom’s tourism growth, PATA Cambodia chapter president ...
Cambodia telco growth in 3G
Despite the hype surrounding the advent of fourth-generation mobile services, the bulk of growth and profits in Cambodian telecom remains in 3G networks, experts say. A recent study by London-based research firm Ovum notes that emerging markets such as Cambodia will see rapid growth in 3G ...
http://www.phnompenhpost.com/index.php/2012022954766/Business/kingdom-telco-growth-in-3g.html
Court again frustrates locals in KDC
KDC International, which is owned by Chea Kheng the wife of Industry Minister Suy Sem has been accused of grabbing 145 hectares of land in the Kampong Chhnang province. The villagers who claim the land have filed objects individually, after having been told to do ...
Valuers to meet in Siem Reap
Real-estate evaluators from the ASEAN Valuers Association (AVA) have met in Siem Reap in order to improve the industry. The AVA wants to develop the Cambodian real-estate market by assisting developers and investors. Those attending the conference share experience and ideals will offering training to ...
Viettel Dominates Cable Network in Cambodia
Military-run telecom Viettel has deployed more than 16,000km of fibre optics for its Metfone network and is now has the biggest internet coverage in Cambodia. According to a report from the Ministry of Post and Telecommunications of Cambodia (MPTC), cable network coverage in the country ...
http://vietnambusiness.asia/viettel-dominates-cable-network-in-cambodia/
Danish Firm Opens Warehouse in Capital
DANISH logistic giant Damco has opened a 6,000-square-metre warehouse facility in Phnom Penh in response to the Kingdom’s growing importance as an emerging market, the company said in a statement. Damco Company (Cambodia), which is part of international conglomerate AP Moller-Maersk Group, said manufacturers have increasingly ...
Vietnamese Goods on Sale in Cambodia
The second Cambodia-Vietnam Trade and Investment Fair opened in Kampot, Cambodia on August 24. The fair has attracted more than 50 Vietnamese and Cambodian businesses to display their high quality products, such as garment, footwear, food, chemicals, electronics, plastics and handicraft products. The aim is to help ...
http://vietnambusiness.asia/vietnamese-goods-on-sale-in-cambodia/
Tensions cause drop in ASEAN imports
Tensions with Thailand led to a 10-percent decline in imports from ASEAN members during the first six months of 2011, though Cambodia’s exports to the bloc nearly doubled, according to officials. Cambodia imported US$810.9 million during the six-month period compared to $904.9 million during the period ...