Construction costs in the Kingdom have increased only 1.36 per cent year-on-year, compared to Cambodia’s inflation rate, which is projected at 3.5 per cent for 2012, according to a new report from global estate agents CBRE. The company says the minimal increase is due to the ...

More than a thousand garment workers went on strike yesterday morning to demand a minimum wage increase and better working conditions, following the failure of minimum wage negotiations between unions and employers on Monday. Some 600 workers in Kandal province yesterday protested in front of ...

The Garment Manufacturers Association in Cambodia (GMAC) and the Coalition of Cambodian Apparel Workers Democratic Union (CCAWDU) remained at odds yesterday over an expired deal to cut down on strikes despite an appeal from some major brands that they renew the arrangement. GMAC Chairman Van Sou ...

Another witness to the fatal shooting of prominent environmentalist Chut Wutty and military police officer In Rattana has said he did not see who shot the men after testifying in Koh Kong provincial court yesterday. Puom Ravin, a 37-year-old employee of the logging firm Timbergreen said ...

A lawyer representing the three victims of the Feb. 20 shooting of workers at a special economic zone (SEZ) in Svay Rieng province has written to investigators asking to be allowed to participate in the case. Chin Lyda, a lawyer for human rights group Licadho who is representing the three ...

Two financing agreements, implemented by the French Development Agency, were signed on 12 July 2012 at the Ministry of Economy and Finance, in the presence of the Deputy Prime Minister, Minister of Economy and Finance, H.E.M. Keat Chhon, to support two key sectors for economic and rural development of Cambodia. A financing agreement of 800,000 Euros (1 ...

Changes in demography and technology have altered the behavior of Cambodian media consumers, with youth increasingly using social media platforms to share news and information. Pen Sophal, a graduate student in media management at Sweden’s Royal Institute of Technology, says print and electronic media outlets in ...

Cambodia exported more than 200,000 tons of milled rice in 2012, the greatest yield on record, though well short of the government target to export 1 million tons by 2015. Speaking at the Ministry of Agriculture’s annual meeting in Phnom Penh, Agriculture Minister Chan Sarun said ...

The Dutch mobile telephone operator Beeline has replaced its general manager Gael Campan with Siddhanta Kothari, who previously worked in Vietnam as chief financial officer of GTel Mobile JSC, a subsidiary of Beeline’s owner VimpelCom. Beeline spokeswoman Nhem Socheata said on Friday that the change in ...

Authorities in Mondulkiri province started tearing down the last of 195 houses claimed by villagers in Rayum commune at about 7am on Friday morning. Three hours later, not one was standing. Many villagers said they had no idea where they were going to live, and one man ...

More than 4,000 workers from two Phnom Penh garment factories belonging to a company that supplies international brands Gap, H&M and Levi Strauss returned to work yesterday after reaching an agreement with owners, union and factory representatives said yesterday. Eah Chip Eang, personnel manager for SL ...

Often vilified for paying low wages in less than optimum work environments, Cambodia’s garment factory owners got into the swing of the commune elections this week, with many companies providing loans to help their workers travel home to vote. With about 400,000 employees, the garment industry’s ...

What does Friday’s affirmation of Cambodia’s ‘B’ long and short-term sovereign credit ratings actually mean? In short, it signals that the Kingdom of Cambodia — unlike Greece, for example — “currently has the capacity to meet its financial commitments,” according to definitions used by Standard and ...

A Vietnamese rubber company in Ratanakkiri province’s O’Yadaw district yesterday agreed to pay $4,000 in compensation to an ethnic Jarai community whose traditional graveyard was bulldozed by the firm last week, local officials said. During a meeting at the Paknhai commune police station, representatives of the ...

The Kirirom III Hydropower Station in Kompong Speu province started operating last month, providing 18 megawatts of electricity to both Kompong Speu and Phnom Penh, an official at state-owned Electricite du Cambodge said yesterday. The additional power from the $47 million dam will help alleviate Phnom ...

The real growth rate of the service sector has been revised upwardly by half a percentage point against our previous prediction to 5.4 percent year-on-year in 2012, on the back of higher growth expected in the local trade and transport subsectors. The growth outlook of this sector in 2013 is quite ...

Cambodia had granted operating licenses to 2,606 new companies in the first nine months of this year, a 11 percent rise from 2,336 new firms at the same period a year ago, the report of the Commerce Ministry showed Wednesday. Those companies are dealing in the ...

Five people were arrested early Sunday morning for allegedly stealing more than 8,000 articles of clothing from shipping container on its way to Phnom Penh for export to the U.S., police said. The five suspects are accused of removing the garments from the cargo container as ...

Cambodian conglomerate Royal Group will be the first authorized importer and dealer of BMW automobiles in the country, and has begun construction on a showroom and service center in Phnom Penh. Premium Auto Import Co. Ltd., a subsidiary of Royal Group, aims to import roughly 200 ...

Energy Minister Suy Sem yesterday defended a draft law on the financing of a massive dam project in Stung Treng province which is slated for debate at the National Assembly on Friday. Environmental groups have called debate of the law premature, as no consultation with local ...