Long Haul for Illegal Wood Seized on River
Forestry Administration officers said yesterday they were still struggling to remove a large cache of illegally harvested wood they seized along the Stung Chinit River in Kampong Thom province a week ago. Heng Kamich, head of the Forestry Administration in Santuk district, said the officers seized ...
Maid Company Offers Alternative to Migration
A new made-service company that claims to be the only one of its kind in Cambodia is offering an alternative employment option for the country’s many domestic workers who face insecure, and often abusive, workplace conditions overseas. Ming Hour Home Service, which opened in July, employs ...
E-commerce set to boom
E-commerce in the Kingdom would boom during the coming years as a result of technological developments and young Cambodians being eager to gain skills in new technology, a gathering of business people heard during “E-biz Tuesday”, a monthly meeting for discussion on Cambodia’s e-commerce industry. According ...
http://www.phnompenhpost.com/index.php/2012110859633/Business/e-commerce-set-to-boom.html
Chugging along- The rehabilitation of the Kingdom’s railways is essential to boosting regional economic ties, but the mammoth project needs to pick up speed
A glance around Battambang’s dilapidated train station reveals the monumental task it will be to complete the Cambodian segment of the ‘iron silk road’, which will connect Southeast Asia to Europe by rail for the first time. Cows graze between missing rails in front of ...
Trat businesses prepare for boon as Cambodian industrial estate opens
Businesses in Trat province have been told by officials to shape up and prepare for massive new opportunities when Cambodia opens the Koh Kong Industrial Estate later this month. The industrial estate, close to the Trat border, will be inaugurated by Cambodian prime minister Hun Sen ...
Thai-Cambodia buses ready to roll
Thailand and Cambodia will launch the first bus services linking Bangkok with Siem Reap and Phnom Penh in the next two weeks. The first bus service between the two countries will debut on Dec 29, said The Transport Co, a state enterprise under the Transport Ministry. The ...
http://www.bangkokpost.com/breakingnews/326227/thailand-to-launch-bus-routes-to-cambodia
Million-dollar machine sweetens outlook
Local food producer Ly Ly Food Industry had invested about $1 million for a Chinese-made machine to improve production and food quality as it prepared for the coming regional economic community, the company’s owner said yesterday. Keo Mom said a tremendous amount of goods from neighbouring ...
http://www.phnompenhpost.com/2013032164553/Business/million-dollar-machine-sweetens-outlook.html
Labor committee announces minimum wage
The Labor Advisory Committee issued a joint statement on the decision to raise wages from $61 to $80 per month for garment and footwear workers. The statement was announced Friday, after a meeting between factory employers, union leaders and Labor Minister, Vong Soth. The wage provision ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MTc2MjI0Y2JlMjV
Japan lends Cambodia 90 mln USD for road improvement project
Japan agreed Tuesday to provide a loan package of 90 million U.S. dollars to Cambodia for the improvement of a stretch of the national road No. 5 and two bypasses in northwestern provinces, according to a statement from Japanese Embassy to Cambodia. The statement said ...
http://search.news.cn/language/search.jspa?id=en&t=1&t1=0&ss=&ct=&n1=cambodia&x=-495&y=-54
Going home to vote? Expect a hike in travel prices
Voters who travel to cast ballots in the upcoming poll Sunday could face higher transportation fees as drivers and companies try to capitalise on heavier passenger volume. Phan Na, general manager at Phnom Penh Sorya Transportation, which sells bus tickets to several provinces, said fees could ...
http://www.phnompenhpost.com/business/going-home-vote-expect-hike-travel-prices
Workers asked to stay calm amid protest rumors
Cambodia’s Social Affairs Minister urged factory workers, employers and the public not to be concerned regarding the rumors of disorder and planned protests after the country’s recent parliamentary election. He appealed to all factories and enterprises within the country to proceed as normal. “The Cambodian government ...
Harta Packaging bets on Cambodian growth
Malaysia-based Harta Packaging Industries Sdn Bhd opened a new Cambodian factory to meet the demands of a growing exports sector and benefit from Sihanoukville port’s ambitious expansion plans, officials said. Harta Packaging, a wholly owned subsidiary of HPI Resources berhad and part of the Oji Paper ...
http://www.phnompenhpost.com/2013032664690/Business/harta-packaging-bets-on-cambodian-growth.html
Tuk-Tuk Maker Eyes Cambodian Market
Japan-based Terra Motors Corporation viewed Cambodia as a potential market for its electric tuk-tuk, the company’s general manager of overseas sales said yesterday. “We’re thinking of entering the Cambodian market as well. But at this moment, there are no concrete plans. [We] just hope to enter,” ...
http://www.phnompenhpost.com/2013032964775/Business/tuk-tuk-maker-eyes-cambodian-market.html
Price of Water Spikes as Sihanoukville Shortages Drag On
As Sihanoukville’s water shortage drags on, the price of water being delivered by private suppliers has skyrocketed with residents and business owners growing ever more desperate to get clean water into their homes, hotels and restaurants. Over the past week, since a reservoir supplying the city ...
http://www.cambodiadaily.com/news/price-of-water-spikes-as-sihanoukville-shortage-drags-on-17341/
Korean tourist numbers hold steady despite regional fears
Despite current tensions between North and South Korea, Cambodia’s tourism minister said yesterday that the number of tourists from South Korea to the Kingdom had not dropped. [Minister of Tourism Thong] Khong said that so far there appears to be nothing to worry about. “There are ...
Tax revenues increase by 22.9 per cent
The Kingdom’s tax revenues increased by more than 20 per cent in the first quarter of 2012 compared with the same period last year. Officials said the rise reflects an influx of new buinesses and investments. Opposition lawmakers, however, claim that the numbers are still far ...
http://www.phnompenhpost.com/2013041265054/Business/tax-revenues-increase-by-22-9-per-cent.html
Salt Harvest Below Forecast
The Kep-Kompot Salt Producers Community says salt production fell nearly 50 per cent below forecasts because of early rainfall, which is assumed to end salt harvesting for the year. Prime Minister Hun Sen, however, has stepped in to ensure that price remains stable. Hun Sen ...
http://www.phnompenhpost.com/2013041965112/Business/salt-harvest-below-forecast.html
First Park Hyatt in Southeast Asia opens in Siem Reap
Hyatt Hotels Corp has announced the opening of the first Park Hyatt in Southeast Asia in Siem Reap. The announcement Wednesday said the reopening of the former Hotel De La Paix in downtown Siem Reap followed a 14-month renovation by award-winning interior designer Bill Bensley. “We are ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YTJhYWQ3Mzc1NjI
Prakas Set to Control Tax Agents
The Ministry of Economy and Finance (MEF) last month signed a prakas, a ministerial decision, to ensure tax agents’ professionalism, an insider told the Post yesterday. After the full implementation of Prakas 455, signed on April 12, agents have to pay one million riel to ...
http://www.phnompenhpost.com/2013050265367/Business/prakas-set-to-control-tax-agents.html
US Congressman Says Hun Sen Must Resign
The chairman of the U.S. House of Representatives Committee on Foreign Affairs called on Prime Minister Hun Sen to stand down during an event attended by CNRP Vice President Kem Sokha in California on Saturday night. Speaking at a CNRP fundraising event, Ed Royce, a Republican ...
Alex Willemyns and Phorn Bopha
http://www.cambodiadaily.com/news/us-congressman-says-hun-sen-must-resign-48243/