News

Cargos via Cambodia's city port up 17% in 2012

Cargos entering and leaving through Phnom Penh Autonomous Port, Cambodia’s second largest port, increased by 17 percent in 2012 thanks to increasing import and export activities, a senior port official said Thursday. The state-owned port had received 95,333 twenty-foot-equivalent units, or standard-sized containers (TEUs) last year, ...

http://news.xinhuanet.com/english/business/2013-01/03/c_132077675.htm

Cambodia greets 3.2 mln foreigners in Jan.-Nov. 2012

Cambodia has greeted some 3.2 million foreigners in the first eleven months of 2012, up 24 percent compared with 2.58 million visitors in the same period a year earlier, showed the latest statistics of Tourism Ministry on Thursday. From January to November last year, Vietnam topped ...

http://news.xinhuanet.com/english/world/2013-01/03/c_132077998.htm

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. ...

http://www.phnompenhpost.com/2013010360592/Real-Estate/cheng-keng-becomes-president-of-estate-agents-association.html

Garment strikers ask ministry for resolution

Some 200 garment workers who have been striking for two weeks traveled from their Kandal factory to the Ministry of Social Affairs yesterday to demand a resolution. Representatives met with officials to broker a sitdown for workers from the Master and Frank factory in Ang Snuol. “We ...

http://www.phnompenhpost.com/2013010360607/National/garment-strikers-ask-ministry-for-resolution.html

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 ...

http://www.phnompenhpost.com/2013010360603/National/cambodia-s-unions-cry-foul-on-fainting-figures.html

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

Vietnam raises minimum pay

A new decree that increases the minimum wage of workers in Vietnam will not necessarily lead to companies relocating to Cambodia, according to officials. “The Vietnam government has issued [a] decree, which takes effect from January 1, to adjust the minimum wages paid to workers by ...

http://www.phnompenhpost.com

New Siem Reap airport’s progress slow but on track

A senior government official said a new Siem Reap International Airport (NSRIA) being developed with $1 billion of investment by two Korean companies is still on track. NSRIA is wholly owned by two Korean companies, Camco Airport Co and Lees A&A, which held 50 per cent each ...

http://www.phnompenhpost.com/2013010360604/Business/airport-s-progress-slow-but-on-track.html

Cambodia's inflation increases by 1.6 pct in November

Cambodia’s inflation rate had increased by 1.6 percent in November 2012 if compared with November 2011 due to moderate increases in food and petroleum prices, according to the latest statistics of the National Institute of Statistics (NIS) on Tuesday. The statistics said the total consumer price ...

http://news.xinhuanet.com/english/business/2013-01/01/c_132075617.htm

Nearly 100,000 tourists visit Cambodia's Preah Vihear temple in 2012

Cambodia’s world heritage Preah Vihear temple greeted some 99,490 domestic and foreign tourists in 2012, up 79 percent from 55,580 visitors in 2011, statistics from the Preah Vihear provincial tourism department showed Wednesday. The Hindu temple had been a flashpoint of deadly armed clashes between Cambodian ...

http://news.xinhuanet.com/english/culture/2013-01/02/c_132076419.htm

Ha Tien Vegas Casino closes due to bankruptcy

Ha Tieng casino in Kampot province, Bordering with Vietnam was closed due to bankruptcy after there were no gamblers. According to the source, there were about 2 000 staffs laid off. Gamblers are Vietnamese but when Vietnamese government banned its people from going to gamble ...

http://thesoutheastasiaweekly.com/?p=5267

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

Coffee production in Mondulkiri province increases

Coffee production in Mondulkiri province in 2012 will be higher than in 2011, according to farmers and producers. Coffee farmer Bou Sopheap told the Post that he just finished the harvest in December. In 2012, his two-hectare plantation provided about four tonnes of coffee beans, compared to ...

http://www.phnompenhpost.com/2013010260581/Business/coffee-production-in-mondulkiri-province-increases.html

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

Thai envoy vows to deepen ties with Cambodia in all fields

Newly-designated Thai ambassador to Cambodia Touchayoot Pakdi pledged on Wednesday to strengthen and deepen bilateral ties and cooperation with Cambodia in all fields for both sides’ mutual benefits. Speaking at a meeting with Cambodian deputy Prime Minister and Foreign Minister Hor Namhong, the ambassador asserted that ...

http://news.xinhuanet.com/english/world/2013-01/02/c_132076641.htm

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 ...

http://www.cambodiadaily.com

CEOs see auto, ICT, finance sectors as top growth picks

Thai CEOs are confident that the country’s 2013 economic growth will be at least as good as last year’s level and that the automobile, information and communications technology, and financial sectors will be the star performers. The CEOs estimate that their companies’ profits this year ...

http://www.nationmultimedia.com/business/CEOs-see-auto-ICT-finance-sectors-as-top-growth-pi-30197083.html

City Orders Removal of a Dozen Newspaper Stands

Phnom Penh authorities have ordered 12 newspaper kiosks to leave a major road in the capital, saying they need them to relocate for 12 months for construction but giving them no other place to go. Owners of the kiosks, which are popular in the sale of ...

http://www.voacambodia.com/content/city-orders-removal-of-a-dozen-newspaper-stands/1575403.html

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