Increase in tourists equals more operators
The number of tour operators registered with Ministry of Tourism increased by more than 10 per cent in the first half of this year compared to last year due to an upswing in the number of tourists visiting the Kingdom, insiders say. Figures from the tourism ministry showed ...
Strikes lead to cut in orders
Global brands Levi’s and Gap had slashed their orders from the Tai Yang and Camwell garment factories by 20 per cent, the factories’ boss said yesterday, amid the longest strike in the industry’s recent history. Tai Yang Enterprises manager Wu Minghuor said his company had shuttered ...
Indonesia Bonding With Cambodia in Trade
Indonesia was Involved In advanced talks In Cambodia durIng the late 1980s. Known as the Jakarta Informal MeetIng, Indonesia was tryIng to help put an end to Vietnam’s Invasion of Cambodia, In what some observers called the Third IndochIna War (1978-91). Despite these close ties, ...
http://www.thejakartaglobe.com/business/indonesia-bonding-with-cambodia-in-trade/540441
Dangerous chemicals still found in foodstuffs
Some Cambodian foodstuffs contained potentially harmful preservatives used to extend the shelf life of the products and ensure profits, an official said yesterday. Pork Sovannarith, secretary of state for the Ministry of industry, Mines and Energy, said some food producers continued to use preservatives that could ...
Striking workers resign in trade-off
Tae Young factory workers have ended their strike demanding the reinstatement of 16 fired workers after the factory last week agreed to drop its legal complaints against eight of the 16 in return for the entire group’s official resignations. About 600 protesters began the strike at ...
Shopping shapes up in Phnom Penh
With demand for shopping space in Cambodia on the rise and investor interest growing, the Japanese developer Aeon Mall (Cambodia) Co Ltd last week broke ground on the construction of a US$205-million mall in Phnom Penh. “We are happy to contribute to the development of ...
http://www.bangkokpost.com/business/retail/326570/shopping-shapes-up-in-phnom-penh
MFI launches 15 ATMs in Cambodia
Hattha Kasekar Limited (HKL), one of Cambodia’s largest microfinance institutions (MFI), plans to install 15 ATM machines to service its increasing number of depositors. It becomes the second MFI after Prasac in Cambodia to provide this service to its clients. ...
http://www.phnompenhpost.com/2012122760495/Business/mfi-launches-15-atms-in-cambodia.html
Coffee production in Mondulkiri province increases
Coffee production in Mondulkiri province in 2012 will be higher than in 2011, according to farmers and producers. Coffee farmer Bou Sopheap told the Post that he just finished the harvest in December. in 2012, his two-hectare plantation provided about four tonnes of coffee beans, compared to ...
Angkor Gold cashes in on Cambodia
It has been just over a year since Vancouver-based Angkor Gold (ANK-V) went public with its stable of Cambodian exploration projects, and it is looking like the company’s early mover strategy in the developing Southeast Asian nation might be poised to pay off. To kick ...
http://www.northernminer.com/news/angkor-gold-cashes-in-on-cambodia/1001981285/?type=HotSectors
Value of construction in Cambodia skyrockets
The amount of money spent on construction in Cambodia soared by 72 per cent in 2012 compared to 2011, according to data from the Ministry of Land Management, Urban Planning and Construction. The ministry said it had issued 1,694 construction patents covering 6.5 million square metres ...
Fish exports performed swimmingly in 2012
Exports of Cambodian fish and shellfish products reached 1,618 tonnes last year, worth $3.5 million, a 16 per cent increase from 1,391 tonnes in 2011, according to figures from the Ministry of Commerce. “A major share of the total exports last year was from saltwater fish ...
Government promotes clean cities in Cambodia
Tourism officials have launched a new initiative called the Eco-Club designed to promote environmental awareness and improve the image of Cambodian cities through better management and disposal of plastic bags. The program aims to recruit Cambodian youth to spread the word and educate the broader community ...
http://www.phnompenhpost.com/Business/government-promotes-clean-cities-in-cambodia.html
Most land disputes in Cambodia unsettled
Less than 30 per cent of complaints filed to the government’s National Authority for Land Dispute Resolution (NALDR) throughout 2012 were resolved, according to its annual report released yesterday. According to the document, distributed yesterday at the NALDR annual convention, the government body, which comprises representatives ...
http://www.phnompenhpost.com/2013022161535/National/most-land-disputes-in-cambodia-unsettled.html
Charcoal prices rise in urban areas
Deforestation and Cambodia’s strong economic growth have resulted in an increase in the price of charcoal, an energy source the poor are dependent on, charcoal vendors say. The price of charcoal in Phnom Penh had increased at least 200 riel ($0.05) a kilogram compared to 2012, charcoal ...
http://www.phnompenhpost.com/2013022661597/Business/charcoal-prices-rise-in-urban-areas.html
Sides dig in over minimum wage
Unions and the Garment Manufacturers Association in Cambodia (GMAC) are unlikely to walk out of their final minimum wage meeting today with an agreed-upon increase for workers, industry insiders said yesterday. Both parties have reaffirmed their respective positions: GMAC secretary-general Ken Loo said yesterday that “nothing’s ...
http://www.phnompenhpost.com/2013031161866/National/sides-dig-in-over-minimum-wage.html
Gaming Company Announces Casino in Poipet
Entertainment Gaming Asia inc. (EGA), announced Monday that it will break ground Thursday on a new $7.5 million Slot Hall casino in Poipet province along the Thai border, EGA said in a statement. The casino will open by the end of the year with 300 gaming ...
Beeline Weighs Future Options in Cambodia
VimpelCom Ltd., the Russian mobile telephone operator that runs the Beeline brand in Cambodia, is reviewing its assets in Cambodia to decide whether it should stop doing business here or merge with another firm in the country, an official at the company said yesterday. “We will ...
Police destroy 50 homes in Mondulkiri
With a looming deadline to move still two days away, police yesterday stormed tiny Rayum commune in Mondulkiri province, dismantling and burning at least 50 homes belonging to villagers embroiled in a land dispute with a Vietnamese rubber company. Seng Channy, a villager representative who escaped ...
http://www.phnompenhpost.com/index.php/2012052456373/National-news/villagers-time-runs-out.html
Meeting puts temple villagers in spotlight
Restoration of the Angkor temples won’t be the only thing talked about at a meeting in Siem Reap today – the living conditions of more than 100,000 villagers residing at the heritage site is also on the agenda. “The villagers should live harmoniously with the temples,” ...
Boeung Kak tale resonates in Washington
In WashIngton yesterday, Sam RaInsy Party lawmaker Mu Sochua lobbied US government officials to withhold military fundIng to the Cambodian government if it does not meet two political demands ahead of her meetIng with Secretary of State Hillary ClInton on Monday. Mu Sochua said she would ...