Industries

Diamond Island complex reveals towering ambitions

Construction of the luxury Diamond Island Riviera residential project on Koh Pich is under way after a groundbreaking ceremony last month. The Western-themed, all-modern residential project – a $700 million joint-venture between the Overseas Chinese Investment Company (OCIC) and Chinese Jixiang Investment – is just one ...

Siv Meng
http://www.phnompenhpost.com/real-estate/diamond-island-complex-reveals-towering-ambitions

Cambodia on track to attract 8 mln foreign tourists by 2020: PM

Cambodian Prime Minister Hun Sen said Tuesday that the country is likely to receive up to 8 million foreign visitors by 2020. The premier’s optimistic forecast came after the country greeted some 4.2 million inbound tourists last year, an increase of 17 percent compared to ...

Joseph A. Cambra
http://www.nzweek.com/world/cambodia-on-track-to-attract-8-mln-foreign-tourists-by-2020-pm-112209/

Cambodia discusses garment issues with buyers from global brands

Cambodian Permanent Deputy Prime Minister Keat Chhon on Wednesday met with a delegation representing 30 global brands and global trade unions to discuss the current situation of garment sector. The delegation comprised 27 global brands including H&M Hennes & Mauritz AB, Gap Inc., Adidas, Puma, Levi ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-02/19/c_133128000.htm

Naga casino to buy aircrafts to fly Chinese gamblers to Phnom Penh

Cambodian casino operator, Hong Kong-listed NagaCorp, is trying to reach deals in order to fly gamblers from Macau and mainland China to its gaming resort in Phnom Penh, according to media reports. Hong Kong media quoted NagaCorp chief financial officer, Philip Lee Wai Tuck, as ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=Yjk2MWM1NWYyYjY

New Futuristic Tuk-Tuks Arrive on the Streets of Phnom Penh

Most tuk-tuk drivers have to continuously vie with each other to attract tourists’ attention, but Oung Hour gets it without even trying. As he stands on the sidewalk near the riverside, groups of tourists point at his bright mustard-yellow tuk-tuk, its smooth fiberglass body shaped like ...

Emily Wilkins and Sek Odom
http://www.cambodiadaily.com/news/new-futuristic-tuk-tuks-arrive-on-the-streets-of-phnom-penh-52616/

Raises pending, prices soaring

Since Minister of Labour Ith Sam Heng announced in late-December that the ministry would hike the minimum monthly wage for the garment sector to $100, Nuch Sdoeung has, at times, questioned if he could even afford beef. The wage boost from the prior minimum wage ...

Sean Teehan and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/raises-pending-prices-soaring

Faintings halved in 2013: gov’t

The number of workers fainting in garment and footwear factories halved in 2013, a National Social Security Fund (NSSF) report released last week claims – a decline the Ministry of Labour puts down to increased education. The NSSF, which is part of the ministry, recorded 823 ...

Chhay Channyda
http://www.phnompenhpost.com/national/faintings-halved-2013-gov%E2%80%99t

Cambodia: nine opposition trade unions warn of mass strike

Cambodia’s nine opposition-aligned trade unions warned on Wednesday that they will lead a large-scale strike in eight days from March 12 if their demands are not met, reports Vietnam News Agency (VNA). The unions have demanded that the court free 21 detained protesters and the government ...

BERNAMA News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=1014252

China fuels Cambodia’s airline growth

The Centre for Asia Pacific Aviation says Cambodia’s aviation market grew briskly for the second consecutive year as national and foreign airlines added routes to China amid a surge in Chinese nationals visiting the country. The centre reported Cambodia has emerged as one of the fastest ...

Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/02/china-fuels-cambodias-airline-growth/

Cambodia’s export to EU skyrockets

Despite the depressed market conditions throughout Europe in 2013 Cambodia’s export to the EU skyrocketed. The country is well under way to take over Taiwan’s leading position in bike export to Europe. Between January and October 2013 Cambodia’s bike export showed a huge increase of no ...

Jack Oortwijn
http://www.bike-eu.com/Sales-Trends/Market-trends/2014/2/Cambodias-Export-to-EU-Skyrockets-1463329W/

Plot thickens for evictees

Scores of families in Phnom Penh’s Borei Keila community tore down a corrugated metal fence and took up temporary residence in developer Phan Imex’s unfinished Building 9 as anger over smaller-than-promised relocation plots boiled over yesterday morning. The occupation began after local and municipal authorities came ...

Khouth Sophak Chakrya and Stuart White
http://www.phnompenhpost.com/national/plot-thickens-evictees

Tourism revenues increase but taxes remain flat

Overall revenue from Cambodia’s booming tourism sector reached $2.5 billion last year, according to Tourism Minister Thong Khon. Khon said in an interview on Tuesday that the figure, which does not reflect the amount the state collected in taxes on the sector, marked a 15 per ...

Chan Muy Hong
http://www.phnompenhpost.com/business/tourism-revenues-increase-taxes-remain-flat

Borei Keila residents ‘occupy’ unfinished apartment block

Residents embroiled in a long-running land dispute in the Borei Keila area of Phnom Penh’s Prampi Makara district on Wednesday tore down three metal fences and occupied an unfinished apartment block at the site. The fences were felled with axes by irate residents, who took the ...

Khuon Narim and Lauren Crothers
http://www.cambodiadaily.com/news/borei-keila-residents-occupy-unfinished-apartment-block-52083/

Unions plan 2nd round of mass strikes

After the Court of Appeal denied bail to 21 jailed protesters on Tuesday, 16 labor unions and associations announced Wednesday that they will retaliate by calling a nationwide labor strike in the middle of March. The unions, which mainly represent workers in the garment industry, said ...

Mech Dara and Aun Pheap
http://www.cambodiadaily.com/news/unions-plan-2nd-round-of-mass-strikes-52078/

Cambodian govt making efforts at minimum wage reform

The Government of Cambodia is making efforts at minimum wage reform, and it has set up a committee to study the minimum wage at garment manufacturing units as a way of continually working to increase it, Labour Minister Ith Sam Heng while unveiling the Ministry’s ...

Fibre2fashion News Desk - India
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=159685

Around 2,000 workers protest in Phnom Penh and Preah Sihanouk province

Workers from Galey & Lord factory producing jeans went on strike Wednesday for second days after local authorities failed to find solution for them. Some 1,000 workers have been on strike since yesterday to demand the Cambodian administration chief Sok Kong be ousted from the factory ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=YTdlN2ViODBjOTU

Workers on strike to demand annual leave, administrator be ousted

Around 1,000 garment workers from a factory producing jeans in Bith Trang Special Economic Zone in Prey Nop district went on strike to protest against administration chief in their factory.   They also demanded the annual leave of 18-21 days per years, which were rejected by ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=MDc5ZDFkY2Q1MzB

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