News
Firms relocating for cheaper labour costs
Industrialists have raised concerns that the higher minimum wage is a key factor driving many labour-intensive manufacturers to relocate to less developed neighbouring countries. At a seminar on investment strategy in Cambodia, Laos, Myanmar and Vietnam held yesterday by the Board of Investment of Thailand (BOI) ...
Unresolved Land Issues Could ‘Explode,” Analysts Say
Land issues will continue to be a serious problem for Cambodia’s government, given the high number of continued crackdowns, arrests and violence, analysts say. “If an issue is covered and unsolved, one day it will explode,” Lao Monghay, an independent political analyst, told “Hello VOA,” in ...
Cambodian FM to visit US next week
Cambodia’s Deputy Prime Minister and Foreign Minister Hor Namhong, Chair of 2012 ASEAN, will lead a delegation to pay an official visit to the United States of America on June 12 During the visit, Hor Namhong will have a bilateral talk with the US Secretary of State Hillary Clinton ...
http://www.chinadaily.com.cn/world/2012-06/08/content_15486707.htm
Stevia Nutra Corporation Set to Launch Stevia Propagation Centre in Cambodia
Stevia Nutra Corporation — (The Company), an Agro-Management company focused on stevia agronomics is pleased to announce that it has successfully acquired 50 acres of prime agricultural land in Cambodia for its new innovative Stevia Propagation Centre (SPC). The property is located just outside the town ...
Boeung Kak tale resonates in Washington
In Washington yesterday, Sam Rainsy Party lawmaker Mu Sochua lobbied US government officials to withhold military funding to the Cambodian government if it does not meet two political demands ahead of her meeting with Secretary of State Hillary Clinton on Monday. Mu Sochua said she would ...
Hun Sen Talks Victory, Mocks Party Merger
Prime Minister Hun Sen yesterday thanked voters for the CPP’s overwhelming victory in Sunday’s commune election and told opposition parties that their plans for a coalition will not stop the ruling party’s dominance in the polls. Speaking for the first time since the elections, Mr. Hun ...
Five People Released in Kratie Insurrection Case
The Kratie Provincial Court has released on bail five of the eight people charged after a military-style operation by security forces on a small village alleged to be the home of a secessionist movement, a court official said yesterday. On May 16, a 14-year-old girl was ...
Workers' protest in Phnom Penh pays off
Garment workers who claim their employer was docking their pay for wearing shoes on the job will return to work today after their two-day strike ended with some demands being met. More than 300 workers from Horus Industrial Corp sportswear factory in Phnom Penh’s Meanchey district ...
http://www.phnompenhpost.com/index.php/2012060856672/National-news/strike-action-pays-off.html
South Korea Donates Trucks to Cambodian Gov’t
The Republic of Korea donated more than 200 military trucks to the Cambodian government last month, a port official said yesterday. Sam Heng, administrative chief of the Sihanoukville Autonomous Port, said the 241 trucks were strictly for transportation. “The trucks arrived before the elections. They’re military cargo ...
Cambodian airport traffic soars despite global slump
Passenger traffic at Cambodia’s three main airports climbed by 21.8 per cent during the year to date compared to the same period last year, according to data released yesterday by Cambodia Airports. ...
Hun Sen Urges Action to Curb Bus Crashes
Prime Minister Hun Sen yesterday urged tour bus operators to respect the traffic law following a recent spate of bus crashes that have killed Cambodians as well as foreign tourists. “Please, respect the land traffic law,” Mr. Hun Sen said during a speech at the inauguration ...
Chinese factory ordeal over for Khmer quartet
Four Cambodian women working at a garment factory in Dongguan, China returned home yesterday after a nine-month ordeal during which they found themselves sick, overworked and trapped without passports in a foreign country. Yin Sophy, 27, Sok Kunthea, 25, Non Sopheap, 21, and Yin Sophea, 20, ...
New factory home for workers in brawl’s wake
Hundreds of Cambodian workers who refused to work at a Thai seafood factory after the deaths of two men in a violent brawl on Monday have been offered employment at another factory, their spokesman said yesterday. “The manager told us that in three more days, ...
Luxury Wood Seized From Military Vehicle
Forestry officials on Monday confiscated nearly two-and-a-half cubic meters of luxury grade Thnong wood in Stung Treng province from a military truck emblazoned with the insignia of Prime Minister Hun Sen’s Bodyguard Unit, forestry officials said yesterday. An additional 100 pieces of luxury grade wood were ...
Gold Being Sold Fast as Int’l Price Drops
The falling price of gold on international markets is leading to high sales of the precious metal in Cambodia as consumers fear prices could continue to tumble, gold traders said yesterday. Gold on the international market traded at $1,632.90 per troy ounce in New York yesterday ...
SL factory strikes to slow Cambodian garment industry
A sharp increase in garment factory strikes this year has raised eyebrows among industry insiders, who say the disputes could lead to a decrease in year-on-year export growth. The Arbitration Council, which hears work-related disputes such as factory strikes, saw claims nearly double during the first ...
http://www.phnompenhpost.com/index.php/2012060756642/Business/strikes-hit-garment-boom.html
First milled-rice order destined for China
A 144-tonne shipment of Cambodian fragrant rice will leave Phnom Penh for Fuzhou, China on Saturday, the first Chinese order for the Kingdom’s milled rice after a recent government agreement was reached on Chinese regulation. Mekong Oryza Trading received the order months earlier ...
Commune Chief Collectors’ Scam Follows Election
The commune election had only just ended on Sunday when the scam had started. On Tuesday, a well-dressed man claiming to be the brother of one of Phnom Penh’s newly reelected commune chiefs visited a business to present an invitation. It was convincing: The father of the ...
Union out of loop in MoU negotiations
The garment industry could be close to renewing an industrial relations memorandum of understanding, but an independent union believes it is being edged out of negotiations because it opposes the use of short-term and fixed-duration contracts. Ath Thorn, president of the Cambodian Labour Confederation, said yesterday ...
Visitors to Cambodia Increase by 27 Percent
The number of visitors to Cambodia increased 27 percent to 1.27 million people in the first four months of the year compared to the same period last year, according to figures released yesterday by the Ministry of Tourism. Kong Sopheareak, director of the tourism statistics department, ...
Man’s death prompts Thai factory walkout
More than 800 Cambodian workers in Thailand were scared to return to work and some had fled their homes yesterday following the violent death of a co-worker outside their factory in Songkhla province on Monday, their representative said. Phan Chem said workers wanted the Cambodian embassy ...
Two Killed in Brawl at Thai Seafood Factory
A Cambodian man and a Burmese man were killed on Monday in a mass brawl that broke out between hundreds of migrant workers at a seafood factory in Thailand, a worker and a government official said yesterday. Fighting allegedly broke out between workers at Siam International ...
Kampot visitors jump on Bokor opening
The Bokor Resort, in Kampot province, attracted 162.5 per cent more Cambodian tourists to the province in the first five months of the year compared with 2011, tourism officials said yesterday. ...
Naga Lottery to launch
A new lottery company, Naga Lottery owned by the same company that operates Phnom Penh’s NagaWorld, will launch its first product on June 8, an official press release said yesterday. The company was licensed by the Ministry of Economy and Finance in October last year said executive director ...
http://www.phnompenhpost.com/index.php/2012060756644/Business/naga-lottery-to-launch.html