World Bank says Cambodian political uncertainty has 'Unclear' impact

The World Bank said Monday that the impact of Cambodia’s political uncertainty was “unclear” but left its growth forecasts unchanged for this year and next year.  “The Cambodian economy remains robust amidst a challenging global economic environment,” the bank said in its East Asia and Pacific ...

The Cambodia Herald Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OTBjN2JiMjBlMzI

ILO Initiative Could Unravel Cambodia’s Garment Industry: Manufacturers

A move by the International Labour Organization to name and shame garment producers in Cambodia that flout workers’ rights and safety standards could damage the industry’s reputation and result in a drastic reduction in orders from buyers abroad, according to a senior manufacturing official. Last week, ...

Radio Free Asia News Staff
http://www.rfa.org/english/news/cambodia/initiative-10042013150820.html

Group Lease aims to raise Bt3.4 bn for expansion

Group Lease plans to raise Bt3.4 billion from shareholders to expand its main motorcycle-leasing business aggressively and enter other types of “small credit” businesses here and in neighbouring countries, especially Cambodia, over the next two years. The company is reportedly negotiating to take over a ...

The Nation News Staff
http://www.nationmultimedia.com/business/Group-Lease-aims-to-raise-Bt3-4-bn-for-expansion-30216061.html

Vinamilk Sees Revenue Doubling in Overseas Expansion Push

Vietnam Dairy Products Joint-Stock Co., the nation’s largest dairy producer, is building a milk factory in Cambodia as it plans a global expansion to more than double annual revenue to $3 billion by 2017. The company known as Vinamilk is opening a plant in the capital ...

Bloomberg News Staff
http://www.bloomberg.com/news/2013-09-30/vinamilk-sees-revenue-doubling-in-overseas-expansion-push.html

GMAC Urges Factories to Resist New Monitoring

Following the International Labor Organization’s (ILO) announcement that its Better Factories Cambodia (BFC) program will from January name and shame firms that contravene Cambodian labor laws, the Garment Manufacturers Asso­ciation in Cambodia (GMAC) has urged factory operators to refuse entry to ILO monitors, unless they ...

Matt Blomberg
http://www.cambodiadaily.com/news/gmac-urges-factories-to-resist-new-monitoring-44006/

Levi Strauss Pulls Out From Embattled SL Garment Factory

A Singaporean-owned garment factory whose workers have been on strike since early August is no longer producing clothes for American denim giant Levi Strauss, a brand representative and a factory worker said Monday. The workers of SL Garment Factory in Meanchey district—which still makes clothes for ...

Aun Pheap and Dene-Hern Chen
http://www.cambodiadaily.com/news/levi-strauss-pulls-out-from-embattled-sl-garment-factory-44015/

Factory management agrees on pay advance for holiday

Management at the Chhin Chin garment factory yesterday agreed to meet workers’ demands to receive their wages before the Pchum Ben holiday after a 150-worker demonstration briefly blocked National Road 4 in front of the factory. Workers at the factory, which is located in Phnom Penh’s ...

Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/national/factory-management-agrees-pay-advance-holiday

Cambodian Garment Factories Come Under Scrutiny

A monitoring group backed by the United Nations said it would begin to publicize garment factories’ compliance with worker rights and safety standards in Cambodia, a controversial program that its organizers say will be the world’s most extensive initiative to improve working conditions at plants. The ...

Kate O'keeffe
http://online.wsj.com/article/SB10001424052702303818704579089810120675896.html

‘SolarTuk’ coming in March

Solar-powered tuk-tuks could be rolling off the assembly lines in Phnom Penh as early as March next year, allowing local tuk-tuk drivers a cost-effective and greener alternative to using petrol, according to the company manufacturing the vehicle. Star 8, the Australia-based alternative energy firm behind the ...

Daniel de Carteret and Hor Kimsay
http://www.phnompenhpost.com/business/%E2%80%98solartuk%E2%80%99-coming-march

Violent Mob, Police Attack Peaceful Protesters

Riot police and groups of men in plain clothes armed with sticks, Tasers and slingshots violently attacked a group of anti-eviction protesters conducting a hunger strike at Wat Phnom late last night, injuring several people. Protesters from Phnom Penh’s Boeng Kak community began the hunger strike ...

Simon Marks and Kevin Doyle
http://www.cambodiadaily.com/news/violent-mob-police-attack-peaceful-protesters-42892/

Siem Reap’s Secret Multimillion Dollar Land Swap

Inside the grounds of this city’s old provincial hall, past a green corrugated iron fence, municipal street cleaners and their families are squatting in what was once a bustling government office filled with civil servants. Across the road, the former department of rural development is a ...

Phorn Bopha and Simon Marks
http://www.cambodiadaily.com/selected-features/siem-reaps-secret-multimillion-dollar-land-swap-42375/

Government to Consider New Minimum Wage

The Ministry of Social Affairs on Friday established four sub-committees tasked with finding a new minimum wage for the country’s 300,000-plus garment factory workers, Minister Ith Sam Heng said on Friday. “The sub-committees have a limited time of five weeks for research before they have to ...

Khuon Narim
http://www.cambodiadaily.com/news/government-to-consider-new-minimum-wage-42317/

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