News

Union Bashes Wage Hike, Ponders National Strike

The Free Trade Union (FTU) is unhappy with the size of the raise agreed to this week by manufacturers for garment workers and said it would meet next week to decide whether to hold a nationwide strike in August for a larger increase, said FTU ...

Aspara studying ticket cost

Ticket prices for Angkor Wat will increase after a feasibility study is conducted by tourism experts, according to an official from the Apsara National Authority, the state-run body charged with maintaining the archaeological park. The experts were determining how feasible increasing entrance fees for Cambodia’s UNESCO ...

http://www.phnompenhpost.com/index.php/2012071357387/Business/apsara-studying-ticket-cost.html

Cambodia’s date with US biz

US companies will re-establish their commitment to Cambodia and the region today at the US-ASEAN Business Forum in Siem Reap, a high-profile meeting involving several heads of state and some of the biggest companies in the world. US Secretary of State Hillary Clinton will lead the ...

http://www.phnompenhpost.com/index.php/2012071357388/Business/cambodias-date-with-us-biz.html

Clinton Discusses Investment, Debt in Cambodia

U.S. Secretary of State Hillary Clinton is in Cambodia where she met with Prime Minister Hun Sen to discuss U.S. investment and Cambodia’s outstanding debt. Cambodia wants the United States to forgive more than $400 million in debt accrued by the US-backed military government of Lon ...

http://www.voanews.com/khmer-english/news/politics/Clinton-Discusses-Investment-Debt-in-Cambodia--162344736.html

Union rep 'forced' to confess

Police released union employee Long Panha last night after taking him into custody during a clash between police officers and workers’ rights representatives near Wat Botum in Phnom Penh in which he was beaten and left bleeding from the head, NGO officials said. According to Panhapolice ...

http://www.phnompenhpost.com/index.php/2012071357393/National-news/union-rep-forced-confess.html

Officials named after blocking volunteers

Authorities in Stung Treng province have released the names of five government officials whom they arrested on Tuesday in Samki commune for interfering with a corps of youth volunteers sent to measure land as part of the prime minister’s national initiative to grant property to ...

http://www.phnompenhpost.com/index.php/2012071357397/National-news/officials-named-after-blocking-volunteers.html

Official Questioned Over Abuse of Land Project

The Stung Treng Provincial Court yesterday questioned a Council of Ministers official and her husband over accusations that they tried to cheat a land-titling program spearheaded by Prime Minister Hun Sen, a military police commander said. Meas Sokun, who works for the Council of Ministers’ legal ...

Union Official Forced to Sign ‘Confession’

A union representative who was beaten and detained by police during a protest Wednesday was released after being forced to sign a statement taking responsibility for starting a fight with authorities, union officials said yesterday. A bloodied Rong Panha, a representative of the Cambodian Alliance of ...

Prices and Monetary Developments

Price levels picked up during the first half of 2012 but will likely cool down in the second half of the year due to changes in energy prices and major food related items. Therefore, the inflation rate has been upwardly adjusted by 30 basis points to 4.8 percent ...

http://www.etmcambodia.com/

Number of Japanese firms to surge this year

If industry-watchers were roused last year by the influx of Japanese investment to Cambodia – including bellwether parts manufacturer Minebea – 2012 should not disappoint. Up to 60 new Japanese companies are expected to apply for business licences this year after the number tripled to about ...

http://www.phnompenhpost.com/index.php/2012071257368/Business/number-of-japanese-firms-to-surge-this-year.html

Criticism for Cambodia’s tax revenue

Cambodia’s tax revenue increased 16 per cent in the first half of this year compared to the corresponding period last year – a rise economists have attributed to improvements in the Kingdom’s economy. Critics, however, say it amounts to little compared to the national gross domestic ...

http://www.phnompenhpost.com/index.php/2012071257369/Business/criticism-for-cambodias-tax-revenue.html

Campu and Acleda Post Strong Earnings for First Six Months

Despite being downgraded by Moody’s just over two months ago, profits at Cambodian Public Bank (Campu) and Acleda Bank—two of the largest banks in the country—increased by about 50 percent during the first half of the year, according to figures provided by the banks yesterday. In ...

Ministry, factories strike deal

About 600,000 workers in the lucrative garment and footwear industries, roughly 95 per cent of the sector’s work force, will soon take home an extra US$10 a month, the Ministry of Labour said yesterday. Barely an hour after a protest involving garment workers at the capital’s ...

http://www.phnompenhpost.com/index.php/2012071257382/National-news/ministry-factories-strike-deal.html

Mobile phones could replace credit cards

Mobile money transfer service WING is preparing to launch a mobile wallet service later this year, and ACLEDA Unity is preparing to expand its own mobile services, enabling people to quickly pay for things just by touching their phone to a point-of-sale terminal. Near-field communications (NFC) ...

http://www.phnompenhpost.com/index.php/2012071257365/Business/mobile-phones-could-replace-credit-cards.html

Union Representative Beaten, Arrested by Police

A union representative was beaten with electric batons and arrested by police in Phnom Penh yesterday after more than 20 garment workers marched to submit a petition to Prime Minister Hun Sen’s Cabinet. The petitioners, workers at the Tai Yang garment factory who belong to the ...

Official Arrested Over Abuse of Land Program

Police in Stung Treng province on Tuesday arrested a Council of Ministers official and her husband for trying to cheat a land-titling program Prime Minister Hun Sen announced last month, according to local officials. It marks the second time this week that authorities arrested or detained ...

Confiscated bulldozer rejected

Hundreds of people from 10 villages in Svay Rieng province’s Krasaing commune claim that Mittapheap Rubber Tree Company has been clearing parts of their community-owned forest illegally for more than a year. On Tuesday, residents involved in the land dispute took matters into their own hands. ...

http://www.phnompenhpost.com/index.php/2012071257372/National-news/confiscated-bulldozer-rejected.html

Clinton Says Asean Is Key to US Foreign Policy

U.S. Secretary of State Hillary Clinton yesterday raised the issue of territorial disputes in the South China Sea with Prime Minister Hun Sen and outlined the strong focus the administration of U.S. President Barack Obama is currently placing on the Asean region, officials said. Arriving in ...

Farmland included in border exchange

Cambodia and Vietnam’s border shuffle in Kampong Cham won’t involve ceding the two previously discussed villages to Vietnam, a government official said yesterday, but it will include farmland meant to compensate Vietnam for the ethnic Khmer villages on what is believed to be the Vietnamese ...

http://www.phnompenhpost.com/index.php/2012071257374/National-news/farmland-included-in-border-exchange.html

Manufacturers Raise Garment Workers’ Pay

Manufacturers in Cambodia yesterday agreed to increase the monthly wage of garment workers by $7 per month by providing them with additional allowances for transportation and housing, bringing the minimum wage packet taken home every month to $73. The raise occurred as the number of strikes ...

Bloody crackdown on garment strike in Phnom Penh

A union employee representing striking workers from a factory that supplies Levi’s and Gap was left a bloodied mess near Wat Botum yesterday after police allegedly attacked him. According to rights groups, police set upon Long Panha, of the Cambodian Alliance of Trade Unions (CATU), who ...

http://www.phnompenhpost.com/index.php/2012071257379/National-news/bloody-crackdown-on-garment-strike.html

Interfering officials arrested

Military police in Stung Treng province arrested five government officials yesterday after they forcibly stopped student volunteers from measuring property lines as part of Prime Minister Hun Sen’s national initiative to help settle land disputes. ...

http://www.phnompenhpost.com/index.php/2012071257377/National-news/interfering-officials-arrested.html

Tourism Industry Will Continue to Contribute Economic Growth: Minister

The tourism industry will resume helping the economic growth of the country, Tourism Minister Thong Khon said this week. Currently we lost about 247 million US dollars on other facilities of tourism fields. He adds: “We agreed that the benefits from tourism have 25% leakage as we earn about 1.9 billion US dollars in ...

http://thesoutheastasiaweekly.com/

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