សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម
Construction Begins to Repair Phnom Penh’s Destroyed Street 63
Workers with heavy machinery began repairing Phnom Penh’s busy Street 63 on Thursday in order to get rid of the potholes and cracked concrete that has turned the street into a divot-ridden, water-logged throughway since new pipes were laid six months ago. The Japanese International Cooperation ...
Unions Trade Barbs Over Violent Factory Strike
Two rival workers unions continued to trade barbs Thursday, each blaming the other for a violent clash between striking garment workers and police at a factory in Kompong Speu province on Monday that saw eight people arrested. The Free Trade Union (FTU) has led strikes for ...
http://www.cambodiadaily.com/business/unions-trade-barbs-over-violent-factory-strike-29833/
Juneyao Airlines tries flights from Shanghai
Private Chinese carrier Juneyao Airlines is planning to launch direct flights from Shanghai to Cambodia as soon as this month. The move – which has been labelled unrealistic – would also see the airline potentially break into the monopolised route from the Chinese city. The Shanghai-based ...
ICT expo is planned for next month
An information and communications technology (ICT) event will be held from July 5-7 this year, offering sales and networking opportunities amid a surge in ICT growth in the Kingdom. Expected to draw about 100 companies, the Mobile Social Commerce International Conference and Expo at Phnom Penh’s ...
http://www.phnompenhpost.com/2013060766122/Business/ict-expo-is-planned-for-next-month.html
Cambodia's rice exports up 126 pct in 5 months
Cambodia’s exports of milled rice have sharply increased in the first five months of this year thanks to rising international market demand and country’s rice promotion strategy, an official said Thursday. The country had exported 146,800 tons of milled rice during January-May period this year, up ...
http://news.xinhuanet.com/english/world/2013-06/06/c_132435784.htm
Cambodia urges to boost country's exports
Cambodian Prime Minister Hun Sen on Thursday urged local producers to increase production in order to boost the country’s exports when the Association of Southeast Asian Nations (ASEAN) turns into a community at the end of 2015. He [Hun Sen] said when ASEAN became [sic] ...
http://news.xinhuanet.com/english/business/2013-06/06/c_132436133.htm
Mass Ford recall makes local dent
Some 24 Ford Explorer sport utility vehicles in Cambodia are being recalled to fix a potential fuel leak that could cause a fire, company representatives said. The move comes amid a much larger recall of 465,000 units manufactured by the Dearborn, Michigan-based automaker, raising doubts over ...
http://www.phnompenhpost.com/2013060666096/Business/mass-ford-recall-makes-local-dent.html
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 ...
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. ...
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 ...
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 ...
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/