The Phnom Penh Post
Australian airline will launch direct flights to Kingdom
An Australian national airline would launch daily direct flights between Cambodia and Australia early next year, the Secretariat of State of Civil Aviation said yesterday. The airline had conducted a feasibility study and a market survey in co-operation with a Cambodian technical team, Long Chheng, deputy ...
Cambodia-Thai trade still on track
Thailand’s worst floods in decades have not slowed trade with Cambodia, a Thai official in Phnom Penh said yesterday, claiming many products sought by Cambodia came from areas free of flooding. Bilateral trade between the two countries rose nine per cent year-on-year in the first nine ...
Garment staff get pay, push for labour rights
Garment workers who went on strike over delayed payment of wages and other alleged violations of labour law on Tuesday morning were paid on Wednesday by management at the Chea Ieng garment factory in the capital’s Sen Sok district. Factory employee Sun Sopheak said yesterday that ...
Maid deaths hit nerve in Kuala Lumpur
A Malaysian parliamentarian has lashed out at his own government and police for their “callous approach” in failing to take proper action in response to the deaths of nine Cambodian domestic workers in their country this year, Charles Santiago, a member of the opposition Democratic Action ...
http://www.phnompenhpost.com/index.php/2011111152707/National-news/maid-deaths-hit-nerve-in-kl.html
Japanese oil firm plans Cambodian operations
JAPAN Oil, Gas and Metals National Corporation has started preliminary surveying as the sole operator in Cambodia’s Block 17 onshore oil field, a 6,500 square-kilometre area of hilly forest in Kampong Thom, Preah Vihear and Siem Reap provinces, according to an Environmental Impact Assessment (EIA) ...
Maid death numbers shock
The Cambodian embassy in Malaysia has reported that nine migrant domestic workers have died there this year, including one on Sunday, a rights activist and an opposition parliamentarian visiting Kuala Lumpur said yesterday. After a press conference held by the Malaysian rights group Tenaganita, Moeun Tola, ...
http://www.phnompenhpost.com/index.php/2011111052690/National-news/maid-death-numbers-shock.html
Floods and crisis sink rubber price
Rubber growers and exporters in Cambodia stalled exports as rubber prices continued a sharp decline that companies attributed to flooding in Thailand and economic turmoil in Europe. Heng Sreng, general director of Long Sreng International Co Ltd and owner of Boeung Keth Rubber Plantation in Kampong ...
Credit bureau plans for early 2012 launch
The Kingdom’s first centralised credit bureau was on track to launch in February, officials said yesterday, although it had originally been slated to start by the end of this year. Credit Bureau Cambodia will collect and provide consumer and institutions’ financial information, which they can use ...
'Brand aid' failing workers
A strike this morning at a garment factory located near the bend of a dirt road in Bonal Sa-ith village in Sen Sok district underscores the need for enhanced enforcement of labour legislation, the president of the Free Trade Union said yesterday. Chea Mony also said ...
Kingdom, WTO call on US to drop tariffs
Both Cambodia and the World Trade Organisation this week called on the United States to follow China’s lead in promising zero-tariff treatment to Least Developed Countries. Chinese President Hu Jintao, in a speech at the G20 summit in Cannes, France, on Friday, announced China would grant ...
Weak spots seen in Kingdom trade
While the World Trade Organisation yesterday lauded Cambodia’s economic achievements since joining in 2004, officials pointed to the lack of much-needed financing for the Kingdom’s burgeoning trade sector. Cambodia lacks the capacity to finance the manufacturing and agriculture exports that would allow the country’s industries to ...
http://www.phnompenhpost.com/index.php/2011110852601/Business/weak-spots-seen-in-kingdom-trade.html
Rural areas plagued by shortage of toilets
The Ministry of Rural Development yesterday called for increased investment to expand access to sanitation facilities in rural Cambodia as well as more awareness about the link between low rates of access to toilets and high rates of communicable disease. Cambodia ranked at the bottom of ...
UAE considering Kingdom's rice
Cambodia plans to expand its exports of milled rice and other agricultural products to the United Arab Emirates, Minister of Commerce Cham Prasidh said yesterday. The UAE seeks a replacement for the milled rice it would otherwise import from Thailand, where the worst flooding in decades ...
Tourism will drive food service sector growth zzz
Cambodia will require an additional 1,000 restaurants by 2020 to service the Kingdom’s growing tourism sector, Ministry of Tourism officials say. By 2020, seven million international visitors, and as many as 10 million domestic tourists, were expected to visit the country’s tourist destinations each year, Tith ...
Insurers hit with few flood claims
The number of flood-related insurance claims has been fewer than expected despite the Kingdom’s worst flooding in a decade, industry insiders say. Although the floods, which began in late August, had affected large sections of the country, few claims had been made, Infinity Insurance chief executive ...
Ministry suspends verdict
The Ministry of Justice has ordered authorities in Preah Sihanouk province to suspend enforcement of a Supreme Court verdict issued in connection with a land dispute between 70 families and an official from the Sihanoukville Autonomous Port. On October 28, the Supreme Court granted a land ...
Koh Kong's first garment factory to launch next April
The first garment factory in Koh Kong province is slated to open in April of next year in what insiders say is a harbinger of manufacturing along the Thai border. Thai-owned KKN Apparel had signed a contract with the Koh Kong Special Economic Zone to launch ...
State borrowing may spike
Cambodia’s draft budget law for 2012 will seek to increase concessional borrowing by about 75 per cent compared to 2011, according to a copy of the draft obtained by the Post. A lack of aid commitment may have led to the increase in proposed borrowing, experts ...
Villagers protest at eviction attempt
About 400 villagers in Kampong Cham province’s Stung Trang district began protesting yesterday after workers from a private company attempted to clear their houses with excavators, villagers said yesterday. Residents told the Post that Long Sreng International Co Ltd had not received a government land concession ...
Beverage firms, telcos lift revenues
Advertising companies generated $73.6 million in revenue during the first nine months of the year, a 28 percent increase compared to the same period in 2010, according to data released by marketing research firm Indochina Research. Beverage and telecommunication companies led the way, spending $12.75 million ...
South Korean manufacturers eye Cambodia
South Korean investors were in Phnom Penh yesterday seeking opportunities in electronics manufacturing, an industry that experts have said could represent the next stage of growth for Cambodia’s economy. Eleven delegates from Changwon City, South Korea, a manufacturing hub in the country, met with 70 local ...
PPAP shipping numbers up
Freight shipments through Phnom Penh Autonomous Port, Cambodia’s second largest port, increased more than 30 per cent year-on-year through October, according to official figures ...
http://www.phnompenhpost.com/index.php/2011110352507/Business/ppap-shipping-numbers-up.html
Regulator sees growth
Camcontrol revenues for the first nine months of the year hit US$7.9 million, surpassing the Ministry of Economy and Finance’s revenue goal of $6 million for the year. Kong Putheara, director of the Ministry of Commerce’s statistics department, this week said the unexpected growth came from ...
http://www.phnompenhpost.com/index.php/2011110352505/Business/regulator-sees-growth.html
WTO review of Kingdom trade policy expected
The World Trade Organisation today will conclude its first-ever review of Cambodia’s trade policies and practices and issue its concluding remarks. The trade review, which began on November 1, is the first time the Kingdom, which was the first least-developed country to fully accede to the ...