សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម

Factory Workers Demand Release of Eight After Protest

About 1,000 garment workers on Wednesday demonstrated outside Kompong Speu Provincial Court calling for the release of eight people arrested during a protest this week over wages at a factory supplying U.S. brand Nike, a union official said. Fighting between the workers on Monday displayed ...

http://www.cambodiadaily.com/news/factory-workers-demand-release-of-eight-held-after-protest-29318/

Satellite cities a solution for overcrowded Phnom Penh

The coming sprawls of Phnom Penh’s new satellite cities will bring about not only opportunities but also challenges for the population. “Any urban area has to sprawl outside the main city areas so that it can keep up with the increasing demand of commercial land,” said ...

http://www.phnompenhpost.com/2013060666086/Real-Estate/satellite-cities-a-solution-for-overcrowded-phnom-penh.html

Cambodia feels drop in Asian rubber prices

The end of export restrictions in Thailand and a lowering of economic growth forecasts out of top rubber importers China, the United States and Germany have caused natural rubber prices around Asia − and in Cambodia’s local industry − to fall from a two-month high. Future ...

http://www.phnompenhpost.com/2013060666093/Business/cambodia-feels-drop-in-asian-rubber-prices.html

On World Environment Day, a Call to Save Cambodia’s Forests

About 200 people celebrating World Environment Day on Wednesday gathered in front of the National Assembly to submit a petition asking the government to stop the destruction of Cambodia’s forests. A report released by the WWF last month said that Cambodia has lost almost a ...

http://www.cambodiadaily.com/news/on-world-environment-day-a-call-to-save-cambodias-forests-29329/

Room for Improvement in Cambodia’s Bank Sector

While Cambodia has made considerable strides in its banking sector, it still lags behind countries in the region in the areas of e-banking and access to services, industry experts attending the Fifth Banking and Microfinance Conference at the Intercontinental Hotel in Phnom Penh said yesterday. ...

http://www.phnompenhpost.com/2013060666094/Business/room-for-improvement-in-cambodia-s-bank-sector.html

Japanese Funder Blames City Hall

Japan’s aid arm, the Japanese International Cooperation Agency (JICA), which is funding a drainage project along Phnom Penh’s Street 63, said yesterday that while it was true sections of the busy road remained in a deplorable condition, responsibility lay with City Hall. “This is [a] ...

http://www.cambodiadaily.com/news/japanese-funder-blames-streets-ruin-on-city-hall-29321/

Cambodia’s garment exports grow 17.5% in Jan-March’13

The exports of garments and textiles from Cambodia have grown by 17.5 percent year-on-year to reach US$ 1.34 billion during the first three months of the current year, data released by the Ministry of Commerce shows. Last year, Cambodia exported apparels worth US$ 4.61 billion, ...

http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=146951

British trade minister to visit Cambodia next week

British minister for trade and investment Lord Green would visit Cambodia next Monday in order to boost bilateral trade and investment ties, according to a media statement from the British Embassy to Cambodia on Wednesday. Mark Gooding, British Ambassador to Cambodia, said trade between UK ...

http://news.xinhuanet.com/english/world/2013-06/05/c_132433361.htm

Families Left Worse off After Railway Project

Phnom Penh families being pushed to the city’s outskirts to make way for a $142.6 million railway renovation project funded by Australia and the Asian Development Bank (ADB) are falling into debt and finding it harder to earn money and access healthcare according to a ...

http://www.cambodiadaily.com

Japanese oil study ‘Positive’

The hunt for oil around northwestern Cambodia has unearthed “positive” results for Japan Oil, Gas and Metals National Corporation (JOGMEC), which intends to continue exploring the area in a project that could last at least six more years, a government spokesman said. JOGMEC’s survey on the ...

http://www.phnompenhpost.com/2013060566067/Business/japanese-oil-study-positive.html

Hun Sen Says Water, Power Shortages to Stay

Prime Minister Hun Sen said yesterday that the rapid growth of Phnom Penh’s population coupled with the rampant construction of new property projects means that there would always be a shortage of water and electricity in the capital. Speaking to a crowd of thousands who had ...

http://www.cambodiadaily.com/news/hun-sen-says-water-power-shortages-to-stay-29063/

Dam firm violated law

The parent company behind a firm constructing the Lower Sesan 2 dam in Stung Treng has repeatedly violated Chinese law by building “massive” power projects without prior approval, China’s national auditor has found. State-owned China Huaneng Group, of which Lower Sesan 2 partner Hydrolancang International Energy ...

http://www.phnompenhpost.com/2013060566083/National/dam-firm-violated-law.html

Garment IPO May Arrive in Time for Polls

After the listing of Taiwanese-owned garment company Grand Twins International (Cambodia) Plc on the Kingdom’s stock exchange was delayed indefinitely, its underwriter said yesterday that the firm hopes to list before the national elections in late July. According to the underwriter, Phnom Penh Securities (PPS) Plc, ...

http://www.phnompenhpost.com/2013060566066/Business/garment-ipo-may-arrive-in-time-for-polls.html

Cambodian PM inaugurates 90 mln USD water treatment plant in capital

Cambodian Prime Minister Hun Sen on Tuesday inaugurated a new water treatment plant in eastern part of capital Phnom Penh, saying that the plant would meet the rising demand of clean water in the city. The 90 million U.S. dollar plant was invested by the listed ...

http://news.xinhuanet.com/english/world/2013-06/04/c_132430033.htm

Cambodian Trade Union warns protest to demand release of arrested members

Cambodian Free Trade Union of Workers (FTU) warned Tuesday to stage a protest if the authority does not release its eight members who were arrested by police on Monday during a demonstration at a Taiwanese-owned garment factory, a union leader said. FTU’s president Chea Mony ...

http://news.xinhuanet.com/english/world/2013-06/04/c_132430572.htm

Authorities Deny Abuses at Thai Plantation Tied To CPP Senator

Oddar Meanchey province deputy governor Lon An yesterday confirmed CPP Senator Ly Yong Phat’s involvement in a trio of sugar cane plantations that rights groups took to the National Human rights Commission of Thailand last week, but denied their allegations of rights abuses. The deputy ...

http://www.cambodiadaily.com/

ADB Says Hydropower Growth Won’t Match Need for Oil, Coal

Cambodia’s reliance on imported fossil fuels to meet its energy needs is set to increase in the coming years, despite the raft of hydropower projects planned by the government, according to new data from the Asian Development Bank (ADB). Using baseline figures from the Institute ...

http://www.cambodiadaily.com/news/adb-says-hydropower-growth-wont-match-need-for-oil-coal-28794/

Cambodia’s garment industry expanding

Both exports and imports of garment materials rose more than 17 per cent in the first quarter of the year compared with the same period last year, reflecting a growth in Cambodia’s biggest industry. Exports of garment and textile materials went up by 17.5 per cent ...

http://www.phnompenhpost.com/2013060466032/Business/cambodia-s-garment-industry-expanding.html

Micro-life insurance on rise

When 46-year-old Than Thol got a $900 loan from Samic Microfinance last year, he took advantage of a little-known and  lengthily worded insurance program called Measure for Economic and Accelerated Development for All, or MEADA. MEADA provides coverage for families of mostly lower-income borrowers in the ...

http://www.phnompenhpost.com/2013060466033/Business/micro-life-insurance-on-rise.html

Cambodia Carrier on Track with New Flights

Cambodia Angkor Air will launch routes to China and the South Korean city of Seoul by August while it eyes additional destinations to Singapore and Malaysia, according to a senior official with the country’s national carrier. “Singapore is a hub for Asia, so we have ...

http://www.phnompenhpost.com/2013060466030/Business/cambodia-carrier-on-track-with-new-flights.html

Mekong Communities Tell of Hardship From Hydropower Dams

About 200 people from Thailand, Vietnam and Cambodia affected by hydropower dam projects on the Mekong River and its tributaries gathered in Phnom Penh yesterday to share their experiences of how their lives have been adversely affected since the dams were constructed. Speaking at the ...

http://www.cambodiadaily.com/news/mekong-communities-tell-of-hardship-from-hydropower-dams-28793/

Try Pheap given OK to harvest yellow vine

Logging baron Try Pheap’s MDS Import Export Co, Ltd has been granted a licence to collect and process the controversial plant known as yellow vine around the Stung Atay hydropower dam in the Cardamom Mountains, according to documents received by the Post yesterday. The vine has ...

http://www.phnompenhpost.com/2013060466045/National/try-pheap-given-ok-to-harvest-yellow-vine.html

Cambodian rice exports to Thailand rising; Democrat revives allegations

The National Anti-Corruption Commission (NACC) will consider claims of corruption in the government’s rice-pledging scheme made during a recent parliamentary session, a senior official from the agency said. However, it remains unclear when the NACC will conclude its ongoing probe. During screening of the 2014 ...

http://www.nationmultimedia.com/politics/NACC-to-probe-rice-scheme-testimony-30207459.html

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