សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម

Loans and deposits up 30%

Outstanding loans and deposits made at Cambodian banks grew by 32 per cent and 28 per cent respectively at the end of March this year from a year earlier, according to data from the National Bank of Cambodia (NBC). The data from the NBC that the ...

http://www.phnompenhpost.com/2013053065929/Business/loans-and-deposits-up-30.html

Workers not underage, factory says

A Ying Dong Shoes representative yesterday denied claims his factory employs workers as young as 13 and shares an owner with Wing Star Shoes, where two died in a ceiling collapse on May 16. Chan Kosal, a representative of Ying Dong, a supplier to Asics, said ...

http://www.phnompenhpost.com/2013053065943/National/workers-not-underage-factory-says.html

Mfone Parent Firm to Consider Workers Demands

The company behind the defunct mobile operator Mfone has told its former employees that it will consider covering millions of dollars allegedly owned to them in severance pay. The former employees have vowed to keep protesting until they are paid the $44.44 million to which ...

http://www.cambodiadaily.com/business/mfone-parent-firm-to-consider-workers-demands-27821/

Water Cannon Crackdown on Cambodian Land Activists

Cambodian police used water cannons Wednesday to disperse around 200 women demanding a quick resolution to long-running land disputes, knocking at least three of the protesters, including a 72-year-old, unconscious. The move came two days after authorities used stun batons to disperse a protest over wages ...

http://www.rfa.org/english/news/cambodia/land-05292013164116.html

Sea tourism along coast needs infrastructure, investors

Plans to create a tourist circuit encompassing coastal areas of Vietnam, Cambodia, and Thailand could be delayed as infrastructure is not yet in place and authorities cannot find investors. The sea route from the Mekong River Delta province of Kien Giang to Sihanoukville in Cambodia and ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OTEzNTNmYzMyZDI

Kingdom lacks engineers: minister

Because Cambodia’s youth has not focused enough on studying technical or engineering subjects, the Kingdom now faces a lack of human resources and the Ministry of Education, Youth and Sports plans to reform the country’s education system, according to the minister in charge. Minister Im Sethy ...

http://www.phnompenhpost.com/2013052965901/Business/kingdom-lacks-engineers-minister.html

Gym membership gets a lift

Two or three times per week Hong Chandara finds the time to unwind from work, family and social responsibilities by exercising at his gym. Meanwhile, entrepreneurs see potential in the fitness service sector, as gyms gain popularity in Cambodia. Meas Sok Dany, owner of the ...

http://www.phnompenhpost.com/2013052965900/Business/gym-membership-gets-a-lift.html

Villagers Petition Against Crematorium’s Removal

More than 1,000 villagers in Phnom Penh’s Russei Keo district have signed a petition pro­testing the removal of a crematorium that is currently on land slated for a large development project. According to a letter from the Council of Ministers addressed to the Ministry of Cults ...

http://www.cambodiadaily.com/news/villagers-petition-against-crematoriums-removal-27487/

Underage, Overworked

Child labour is being used at a footwear factory owned by the same Taiwan-based company as Wing Star Shoes – where two workers were killed in a ceiling collapse this month – numerous employees have told the Post. A former Ying Dong employee said the ...

http://www.phnompenhpost.com/2013052965915/National/underage-overworked.html

Thai border SEZs set for discussion next month

In an effort to boost trade activity between Thailand and Cambodia, both countries will discuss plans for two special economic zones along the Thai-Cambodian border next month, according to the secretary of state at the Cambodian Ministry of Foreign Affairs on Monday. “It will provide us ...

Hor Kimsay and Anne Renzenbrink
http://www.phnompenhpost.com/2013052965902/Business/thai-border-sezs-set-for-discussion-next-month.html

Former Mfone Employees Protest for Severance Pay

More than 100 former employees of bankrupt mobile phone operator Mfone traveled from three provinces yesterday to protest outside the firm’s shuttered office on Phnom Penh’s Monivong Boulevard demanding their severance pay. Sok Samphorn, an engineer who was employed by Mfone, said employees from Phnom Penh, ...

http://www.cambodiadaily.com

Geopacific extends its copper zone

Geopacific Resources, an Australian mineral exploration company, said it has extended the zone of copper found in Preah Vihear province’s Kou Sa district to 18 kilometres, the company announced yesterday. ...

http://www.phnompenhpost.com/2013052965899/Business/geopacific-extends-its-copper-zone.html

Thais to urge transport push

Thailand will propose to Cambodia that they jointly develop border areas and transport links between the two countries, Deputy Prime Minister and Foreign Minister Surapong Tovichakchaikul said yesterday. Thailand will also develop roads, railways and border checkpoints, he said. Proposed road projects include improving roads Nos.5, ...

http://www.bangkokpost.com/news/local/352101/thais-to-urge-transport-push

PAL to complete investment in Cambodia Air in July

PAL Holdings Inc., operator of flag carrier Philippine Airlines Inc., said Monday it expects to complete a $10-million investment in Cambodia Air by July 15 this year. PAL teamed up with Royal Group of Cambodia in April to establish its first international airline venture known as ...

http://manilastandardtoday.com/2013/05/28/pal-to-complete-investment-in-cambodia-air-in-july/

Firms’ Timber Trade Decried

Two firms holding concessions in rapidly disappearing northern forests are amassing stockpiles of tens of thousands of luxury logs cut both within and outside their leases and trucking them on to Vietnam, the Cambodian Center for Human Rights has alleged. CCHR investigators that tracked logging operations ...

http://www.phnompenhpost.com/2013052865880/National/firms-timber-trade-decried.html

Factories Asked to Voluntarily Assess Safety

The Garment Manufactures Association of Cambodia (GMAC) and International Labor Organization’s (ILO) Better Factories Cambodia yesterday asked factory owners to voluntarily conduct structural audits on their buildings in light of building collapses at two garment factories that killed two people and injured 23. “In the ...

http://www.cambodiadaily.com/news/factories-asked-to-voluntarily-assess-safety-27319/

Villagers Seize Trucks in Protest

More than 300 protesters seized two company trucks outside the Kratie office of Korean-owned timber company Think Biotech Co yesterday as protests by villagers who allege land-grabbing continued for a second day. “We have seized the company’s two trucks to ask the company to come ...

http://www.phnompenhpost.com/2013052865873/National/villagers-seize-trucks-in-protest.html

Tampuon File Complaint Over Forest Clearing

A community of ethnic minority Tampuon people in Ratanakkiri province yesterday filed a complaint with the provincial court against six people they believe illegally cleared 80 hectares of community forest land and sold it to a rubber investor, villagers and court officials said. The land in ...

http://www.cambodiadaily.com

Vietnam invests in largest sugar project in Cambodia

The largest complex of sugarcane, ethanol and thermal power plants in Cambodia was inaugurated in Okrieng commune, Sombour district, Kratie province on May 26. Addressing the ceremony, Cambodia’s Deputy Prime Minister Yim Chay Ly emphasized that the complex inauguration in Kratie was the outcome of the ...

http://english.vov.vn/Economy/Investment/Vietnam-invests-in-largest-sugar-project-in-Cambodia/260798.vov

Cambodian police clash with thousands of garment workers, 23 hurt

At least 23 workers were hurt in Cambodia on Monday when police using stun batons moved in to end a protest over pay at a factory that makes clothing for U.S. sportswear company Nike , a worker and a trade union representative said. Police with riot ...

http://www.reuters.com/article/2013/05/27/cambodia-garments-workers-idUSL3N0E829T20130527

Govts agree to intensify logging fight

Thailand and Cambodia have agreed to intensify the suppression of the illegal logging of Phayung, or Siamese rosewood, along their border areas. Thai ambassador to Cambodia Touchayoot Pakdi said officials of the two countries have agreed to increase cooperation on the suppression of local gangs in ...

http://www.bangkokpost.com/news/local/351937/govts-agree-to-intensify-logging-fight

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