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Cambodia's Free Trade Union offers minimum wage plan
In the latest bid for an increase in garment-industry wages, Free Trade Union (FTU) president Chea Mony yesterday called on the Garment Manufacturers Association in Cambodia (GMAC) to come to the table and discuss a $120-per-month minimum wage. A few days after Cambodian Confederation of Unions ...
Investors speculating on Phnom Penh condos
While the scores of new condominium properties appearing in Phnom Penh are selling well, their buyers are mainly speculators hoping to make quick profits, a leading property firm said. A report by international realty group CB Richard Ellis (CBRE), distributed Wednesday, says that the city’s property market in ...
With Election on the Horizon, Politicians Defend Land Policies
Cambodian politicians have begun a public campaign to defend their records on land policies, as they prepare for the run-up to July elections. Politicians from the ruling Cambodian People’s Party, as well as the opposition Sam Rainsy and Human Rights parties, have said they will give ...
Cambodia’s Economic Challenge
Even as the skyline of Phnom Penh grows with the symbols of modern architecture, Cambodia’s economy still faces a host of challenges. On the surface, Cambodia’s economy is certainly improving. In September, the IMF raised its 2012 GDP growth forecast from 6.3 to 6.5 percent ...
http://thediplomat.com/2013/01/03/cambodias-failed-trickle-down-economy/
Cambodia wins awards
The real estate and construction industry in Cambodia has been boosted recently after two companies won prestigious awards for their work in the Kingdom. Vattanac Capital walked away with the prize for Best Commercial Development (South East Asia) for the Vattanac Capital Tower at the second ...
http://www.phnompenhpost.com/2013010360594/Real-Estate/cambodia-wins-awards.html
Cheng Keng becomes president of estate agents association
Cheng Kheng, director of the CPL real estate company, has been elected to be president of the Cambodian Valuers and Estate Agents Association in 2013, after Sung Bonna, director of the Bonna Realty Group, ended his 2012 term. ...
Cambodia's unions cry foul on fainting figures
Union reps and government officials are offering significantly different – if both substantial – numbers in their year-end tallies of garment workers who fainted on the job in 2012. The Free Trade Union yesterday announced that the number of workers to faint in factories rose to ...
Ly Hour Group starts second project
Housing development company the Ly Hour Group said it has begun work on its second major project, called Vimean Phnom Penh The Commercial Zone, after its first project Vimean Phnom Penh was successfully completed. The company said the amount of traffic along Phnom Penh’s Chea Sophara ...
http://www.phnompenhpost.com/2013010360593/Real-Estate/ly-hour-group-starts-second-project.html
Some 1,686 workers faint in Cambodia in 2012: official report
Approximately 1,686 workers in garment and shoe factories got fainted last year due mainly to overwork, poor health, exposure to chemical substances, and hysteria, a Cambodian labor official said Wednesday. Pok Vanthath, vice-chief of the Labor Ministry’s vocational training department, said the mass fainting incidents had ...
http://news.xinhuanet.com/english/world/2013-01/02/c_132076705.htm
Factory worker wages to be re-examined
Amid threats of another mass strike in the thriving garment sector, the Ministry of Social Affairs has called a meeting with the industry’s leading players to discuss union demands for a $150-per-month minimum wage, a letter obtained yesterday reveals. At the behest of Prime Minister Hun ...
http://www.phnompenhpost.com/2013010260589/National/factory-worker-wages-to-be-re-examined.html
Thousands More Logs Found on Company's Land
Ethnic Jarai villagers and a local rights worker yesterday discovered about 3,000 more logs that have been illegally cut by the Vietnamese owners of a rubber concession in Ratanakkiri province’s O’Yadaw district, according to rights group Adhoc. The logs were found stockpiled in dense forest inside ...
Ethnic Kreung Accuse Businessman of Threats
A group of ethnic Kreung families living in Ratanakkiri’s Lumphat district have accused a wealthy plantation owner of destroying their crops and threatening to evict them from their homes, local officials and villagers said yesterday. Soeun Sarath, a representative of 13 indigenous families living in Kaleng ...
Locals in the Dark to Chinese Rail Project
With two Chinese firms due to start work on a 400-km railway, steel mill and port in July, an environmental impact assessment (EIA) has yet to be conducted, and affected provinces are still largely in the dark about the massive infrastructure project. In a ceremony in ...
http://www.cambodiadaily.com/business/locals-in-the-dark-to-chinese-rail-project-7128/
Vietnam investment in Cambodia hits US$2.5 bil
Vietnamese enterprises so far have invested in 124 projects in Cambodia with total registered capital of some US$2.5 billion, four times higher than the figure in 2009. As such, Vietnam is now among the top five investors in Cambodia, said the Association of Vietnamese Investors in ...
http://english.vietnamnet.vn/fms/business/55818/vietnam-investment-in-cambodia-hits-us-2-5-bil.html
Cambodian, Chinese firms sign deal to build railway, seaport
A Cambodian company and a Chinese firm on Monday signed a Memorandum of Understanding (MoU) in order to build a railway and a seaport in Cambodia to serve iron and steel mining industry. The deal was inked between Zhang Chuan You, general manager of Cambodia Iron ...
http://news.xinhuanet.com/english/china/2012-12/31/c_132074231.htm
Cambodia battles to save rare Mekong dolphins
KRATIE (Cambodia): The sight of two dolphins twisting playfully in the murky waters of the Mekong river elicits barely-stifled squeals of delight from a boatload of eco-tourists. But a short distance upstream, river guard Pech Sokhan sighs as he holds up two large, tangled gill nets ...
http://www.nst.com.my/latest/cambodia-battles-to-save-rare-mekong-dolphins-1.193943
Students Refer Land Dispute to Hun Sen's Son
The chief of 120 students spearheading the government’s land-titling program in Pursat province has filed a report with Prime Minister Hun Sen’s second son, Hun Manith, to find a solution for villagers who say local officials in the area have confiscated their registration documents. ...
Hun Sen says CPP will never tax farmland
Prime Minister Hun Sen has said the ruling Cambodian People’s Party (CPP) will never tax farmland. “It would burden our farmers,” he said in Takeo Sunday. “Although national revenue that comes from land taxes is spent on building roads, water systems, hospitals and schools, we still ...
Land protestors curse court
Residents of property development site Boeung Kok gathered Monday in front of Phnom Penh Municipal Court to put a curse on court officials. Representative Heng Mom asked the court to review the case of Youm Bopha, sentenced to three years in prison for attempted violence on ...
Garment Workers Protest for Higher Wages at Freedom Park
More than 200 garment workers gathered at Phnom Penh’s Freedom Park yesterday to protest for higher wages before marching to Wat Botum Park and the National Assembly. The workers from three factories – Cambo Handsome, Best One and Yang Fong – are requesting $150 as their ...
1,000 More Logs Discovered Inside Ratanakkiri Land Concession
Forestry Administration officials and police yesterday discovered a stockpile of more than 1,000 logs that ethnic Jarai villagers in Ratanakkiri province’s O’Yadaw district claim have been illegally cut by the Vietnamese owners of a rubber concession, a district official said. The 4,000-hectare concession was granted to ...
Cambodian, Chinese firms unveil 1st oil refinery project in Cambodia
Cambodian Petrochemical Company and Sinomach China Perfect Machinery Industry Corp jointly announced on Friday to build the first oil refinery in Cambodia and the construction is expected to be completed at the end of 2015. Zhang Sugang, president of Sinomach China Perfect Machinery Industry Corp, said ...
http://news.xinhuanet.com/english/china/2012-12/28/c_132069193.htm
Cambodia-Vietnam trade, investment see marked rises in 2012
Bilateral trade volume between Cambodia and Vietnam jumped to 3.3 billion U.S. dollars in 2012, a 18 percent rise from 2.8 billion U.S. dollars in 2011, according to a report provided by the Association of Vietnam Investment in Cambodia on Saturday. The report also said ...
http://news.xinhuanet.com/english/world/2012-12/29/c_132070890.htm
Cambodia's first commercial train begins operation
Cambodia’s modern railway system on Friday commenced commercial rail operations on the 256- kilometer”Southern Line” between the capital city of Phnom Penh and Sihanoukville Port. The launching was made after years of renovation with the financial support from the Asian Development Bank and development partners. “ADB ...
http://news.xinhuanet.com/english/world/2012-12/28/c_132069644.htm