Wall Street Journal

Cambodia sets minimum wage below union demands

Cambodia on Wednesday increased the monthly minimum wage for garment workers by 28% to $128, falling short of union workers’ demands and creating the potential for further strikes in the country. Ath Thun, president of the Coalition of Cambodian Apparel Workers’ Democratic Union, said the ...

James Hookway and Sun Narin
http://online.wsj.com/articles/cambodia-sets-minimum-wage-below-union-demands-1415789944

Cambodia's second stock listing delayed

A Taiwanese-owned garment maker has delayed its planned Cambodia listing by three weeks, setting back what would be just the second initial public offering to be held in this developing Southeast Asian nation. Grand Twins International (Cambodia) PLC now plans to list on May 29, according ...

Chun Han Wong
http://online.wsj.com/news/articles/SB10001424052702304626304579509390823129458

Cambodia Police, Garment Workers Clash Amid Strike

Police clashed Friday with a group of striking garment workers on the outskirts of Cambodia’s capital, leaving about 20 people injured, police and workers said. The incident occurred when thousands of striking workers-marching from a province bordering the capital-tried to get into the Phnom Penh Special ...

Sun Narin and Chun Han Wong
http://online.wsj.com/news/articles/SB10001424052702303799404579283802423278442

Japan's Orix to Buy 6% Stake in Cambodia's Acleda Bank

Orix Corp., Japan’s top leasing company, has agreed to buy a 6% stake in Cambodia’s largest bank by assets, Acleda Bank PLC, according to people close to the matter. It would be the first investment by a major Japanese financial institution in the Southeast Asian country, ...

Atsuko Fukase and Chun Han Wong
http://online.wsj.com/news/articles/SB10001424052702304644104579191612248592376

Activists Doubt Cambodia Pledge to Stop Land Concessions

Activists are skeptical that Cambodian Prime Minister Hun Sen will follow through on a pledge to stop a contentious practice of appropriating rural land for commercial use, an issue that hurt the leader and his party in elections in July. In its new five-year political platform ...

Chun Han Wong
http://stream.wsj.com/story/latest-headlines/SS-2-63399/SS-2-341290/

Cambodian Garment Factories Come Under Scrutiny

A monitoring group backed by the United Nations said it would begin to publicize garment factories’ compliance with worker rights and safety standards in Cambodia, a controversial program that its organizers say will be the world’s most extensive initiative to improve working conditions at plants. The ...

Kate O'keeffe
http://online.wsj.com/article/SB10001424052702303818704579089810120675896.html

Vietnam Plans to Add Border Gates Along Border With Cambodia

Vietnam plans to build 13 new border gates along the boundary line with Cambodia to help boost trade that has already been growing between the two Southeast Asian nations. Vietnam and Cambodia will work out plans to add 13 new border gates over the next seven ...

Nguyen Pham Muoi
http://blogs.wsj.com/searealtime/2013/08/29/vietnam-plans-to-add-border-gates-along-border-with-cambodia/

Cambodia Bourse Sees End to IPO Drought

Cambodia’s stock market is set for a revival early next year when initial public offerings are expected by at least four local companies, ending a drought for a bourse that has hosted just one listing since its trading debut in April. State-owned Telecom Cambodia and Sihanoukville ...

http://online.wsj.com/article/SB10001424127887323894704578114560882515832.html?mod=googlenews_wsj

Cambodia Says No Strings Attached in Recent Chinese Aid

China has done a lot to support Cambodia over the years with millions of dollars in aid, loans and investment. But after reports this week that China has pledged another $500 million in soft loans and grants—and publicly thanked Cambodia for its support in Southeast ...

http://blogs.wsj.com/searealtime/2012/09/06/cambodia-says-no-strings-attached-in-recent-chinese-aid/

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 ...

http://www.marketwatch.com/story/stevia-nutra-corporation-set-to-launch-stevia-propagation-centre-in-cambodia-2012-06-08

Asia Weakness Heightens Fears of Contagion

Manufacturing activity in China and across a wide swath of Asia slowed in May, heightening fears that the turmoil in Western economies is dragging down one of the few remaining engines of global growth. Two purchasing managers indexes for China fell in May, briefly rattling investors ...

http://online.wsj.com/article/SB10001424052702303640104577439103464926734.html

Cambodia Finally Starts Stock Trading

Nine months after Cambodia’s stock exchange was officially launched, the country’s first share started trading Wednesday, with the initial public offering of state-owned Phnom Penh Water Supply Authority. PPWSA’s stock, priced at 6,300 riel (US$1.57), jumped 48% to 9,300 riel, according to the data from the ...

http://blogs.wsj.com/deals/2012/04/18/cambodia-finally-starts-stock-trading/

Cambodia Joins Stocks Party

Cambodia tapped into the growing global interest in Southeast Asia with the start of trading in the sole stock at its gleaming new stock exchange on Wednesday. Ordinary Cambodians and local businesses scrambled to buy into the country’s first initial public offering—of shares in a local ...

http://online.wsj.com/article/SB10001424052702304331204577351551608365784.html

Cambodia Takes Aim at the Dominant Dollar

PHNOM PENH—In its home country, the Cambodian riel has long played second fiddle to the U.S. dollar—but a new stock exchange and government de-dollarization policies could bolster it in coming years, policy makers and experts say. Dollars change hands with greater frequency than riel in the ...

http://online.wsj.com/article/SB10001424052702303772904577336784184598356.html

Cambodia Bets Casinos Can Boost Tourism

Cambodian developers are betting that casinos can make the tiny Southeast Asian country a bigger draw for high-spending tourists. The nation of 15 million people has more than 25 casinos, but most are small affairs in rough-and-tumble border towns that cater to hard-core Thai, Chinese and ...

http://online.wsj.com/article/SB10001424052702304750404577317094266574870.html

Sea Clashes Loom Over Southeast Asia Summit

Tiny Cambodia is emerging as a key pawn in the diplomatic struggle over one of the world’s busiest stretches of water: the potentially energy-rich South China Sea. The country of 15 million people is this year hosting a series of regional summits in which China’s claims ...

http://online.wsj.com/article/SB10001424052702304177104577308972320988892.html?mod=googlenews_wsj

Integration of Southeast Asian Stock Exchanges Hits Snag

Just months before stock exchanges in Southeast Asia plan to link up their trading, key players remain divided, with one top bourse official saying the region may be going through a “reality check” on the many hurdles facing further economic integration. The plan for cross-border trading ...

http://online.wsj.com/article/SB10001424052970203961204577270760343324718.html

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