Industries

‘Ban’ for three more unionists

Three more unionists have been suspended as a result of the violent strikes at a Kampong Speu garment factory in May and June, a Free Trade Union official said yesterday. Sabrina (Cambodia) Garment Manufacturing factory’s FTU president Sun Vanny, vice-president Sem Sopheak and general secretary Chi ...

Mom Kunthear and Sean Teehan, P.6
http://www.phnompenhpost.com

Don’t bet on elections

The house always wins, except when there’s a disputed election scaring gamblers away from the tables. That’s the message from Entertainment Gaming Asia Inc, which operates casinos in Poipet town and Pailin province as well as supplying NagaWorld casino with slot machines. According to the company, Cambodia’s ...

Daniel de Carteret and Hor Kimsay
http://www.phnompenhpost.com/business/don%E2%80%99t-bet-elections

World Bank Says Freeze on Lending Remains

After repeatedly equivocating about whether it has lifted a 2011 freeze on new lending to Cambodia in response to the government’s forced evictions of families in Phnom Penh, the World Bank has said that the suspension is still firmly in place. “The World Bank has not ...

Zsombor Peter
http://www.cambodiadaily.com/news/world-bank-says-freeze-on-lending-remains-46681/

Audi to cruise into local market

German luxury car manufacturer Audi has expanded into Cambodia, joining the recent entry of higher-end automobile producers into a small but growing market. At a signing ceremony in Phnom Penh yesterday, Audi AG appointed Automotive Asia (Cambodia) Ltd as its official distributor in the country. The ...

Anne Renzenbrink
http://www.phnompenhpost.com/business/audi-cruise-local-market

SL strike ‘bad’ for industry’s rep, says union

A labour union representing a minority of workers who have been striking at SL Garment Processing (Cambodia) Ltd for nearly three months released a statement yesterday, calling the strike bad for the industry’s reputation. Without specifically mentioning the Coalition of Cambodian Apparel Workers’ Democratic Union (C.CAWDU) ...

Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/national/sl-strike-%E2%80%98bad%E2%80%99-industry%E2%80%99s-rep-says-union

Clearing at tourist site ‘Confused’

Ratanakkiri’s deputy provincial governor called local authorities and community representatives last week to explain the alleged deforestation of eight hectars of preserved land around the Ou’Sinlair waterfall. Situated in Lumphat district, Ou’Sinlair is a popular eco-tourism destination in the province. But logging over the years has ...

Phak Seangly
http://www.phnompenhpost.com/national/waterfall-worries-clearing-tourist-site-%E2%80%98confused%E2%80%99

GL to buy Cambodian firm

SET-listed Group Lease Plc (GL) plans to acquire a microfinance company in Cambodia as part of its effort to boost overseas revenue to more than 50% by 2015. GL’s chief executive Mitsuji Konoshita said negotiations are nearly finalised and the acquisition will be made through ...

Bangkok Post News Staff
http://www.bangkokpost.com/news/asia/378183/gl-to-buy-cambodian-firm

New hope for SL strike resolution

With union and company officials at one of Asia’s largest garment factories making no progress in resolving a strike that has lasted nearly three months, a pair of labour relation groups are working on an agreement that all sides hope will end the deadlock. officials from ...

Sean Teehan and Mom Kunthear
http://www.phnompenhpost.com/national/new-hope-sl-strike-resolution

Sales of Korean energy drink explode in Cambodia

Cambodia last year accounted for 24 percent of the overseas sales of Bacchus, an energy drink marketed by South Korea’s Dong-A ST, Korea IT Times reported Monday.  “By the year’s end, the company expects it would sell 100 million cans of Bacchus, about eight cans per ...

The Cambodia Herald Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZWU4YTU1NzlhMTM

National Park Near Preah Vihear Temple To Be Closed

The national park near the ancient Khmer Hindu temple of Preah Vihear will be closed from Monday, eight days before the International Court of Justice (ICJ) issues its ruling on disputed land, located near the temple, contested by Thailand and Cambodia. The closure, which would ...

Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=990656

Fears SL strike could get ugly

Union officials fear violence that occurred at two separate rallies in front of the SL Garment Processing (Cambodia) Ltd factory last week will continue at one scheduled this morning. About 10 SL strikers were injured during demonstrations on Thursday and Friday, when uniformed and plain-clothes SL ...

Sean Teehan
http://www.phnompenhpost.com/national/fears-sl-strike-could-get-ugly

Cambodia sees slowdown in new business numbers in 9 months

The Cambodian Ministry of Commerce said Friday that it had granted operating licenses to 2, 223 new companies in the first nine months of 2013, down 14.6 percent compared with 2,606 new firms over the same period last year. From January to September this year, the ...

Global Times News Staff
http://www.globaltimes.cn/content/821915.shtml#.UnZHp_lgd8E

CAMBODIA: H&M calls for annual minimum wage review

The Cambodian government should construct an effective annual review system for the minimum wage to ease worker unrest, according to clothing retail giant H&M. The Swedish company’s comments came after CEO Karl-Johan Persson visited the country in mid-October, meeting Cambodia Prime Minister Hun Sen and other ...

Richard Woodard
http://www.just-style.com/news/hm-calls-for-annual-minimum-wage-review_id119576.aspx

Victims wait on Bandith ruling

Yet another ruling in the tumultuous trial of former Bavet town governor Chhouk Bandith has been set, with the Appeal Court yesterday announcing a verdict date for next week. After Bandith was convicted in absentia on the charge of unintentionally causing injury in June for non-fatally ...

May Titthara
http://www.phnompenhpost.com/national/victims-wait-bandith-ruling

Factory’s contracts seen as ‘test case’ for brands

A garment factory’s alleged efforts to wipe workers’ contract histories clean could be a “test case” for how much international buyers tolerate factories negotiating outside of legal requirements, a labour-rights advocate has said. After effectively being bought out of their contracts, about 300 employees of USA ...

Shane Worrell and Mom Kunthear
http://www.phnompenhpost.com/national/factory%E2%80%99s-contracts-seen-%E2%80%98test-case%E2%80%99-brands

Camko City starts third phase

The Now World City company is starting construction of its third phase at Camko City after its satellite city had suspended operations for a while. Kim Duk Kon, the vice president of World City, said that the new project included building luxury villas, with 140 houses ...

Siv Meng
http://www.phnompenhpost.com/real-estate/camko-city-starts-third-phase

Cambodia's construction sector attracts 2.27 bln USD in 9 months

Cambodia’s construction sector has attracted a total investment of 2.27 billion U.S. dollars in the first nine months of 2013, up 24 percent compared with 1.83 billion U.S. dollars over the same period last year, a government report showed Thursday. The report said during the January-September ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-10/31/c_132848042.htm

Apartment demand falters in Q3

The apartment rental market was flat in the third quarter after strong growth earlier in the year, with oversupply and political tensions among the causes blamed by realty experts. Chrek Soknim, deputy director of VTrust Property Co, Ltd, said that growth has stagnated after the January-March ...

Siv Meng
http://www.phnompenhpost.com/real-estate/apartment-demand-falters-q3

Butterly bridge to fly over to Island

Diamond Island may see another new concrete bridge, this time in the form of a butterfly. The proposed 100-metre long bridge from Phnom Penh to Diamond Island would be similar in height to the current Rainbow Bridge, Touch Samnang, a project manager of developer OCIC, said. No ...

Siv Meng
http://www.phnompenhpost.com/real-estate/butterly-bridge-fly-over-island

Firms urged to tap growing middle-class market in GMS

Bangkok Bank has urged Thai businesses to have a more active role in the Greater Mekong Sub-region (GMS) in terms of trading activities and investment, in order to tap the growing middle-class market in those countries. Speaking at the bank’s “Trade Logistics in Greater Mekong Sub-region: ...

Sucheera Pinijparakarn
http://www.nationmultimedia.com/business/Firms-urged-to-tap-growing-middle-class-market-in--30218244.html

ILO-BFC unveils worker mobile phone call-in project report

The International Labour Organisation’s Better Factories Cambodia program (BFC) releases the first report from its mobile phone call-in project aimed at educating garment and footwear workers. The mobile phone project entitled Kamako Chhnoeum (‘Outstanding Worker’ in Khmer) received 3,245 valid phone calls in its first two ...

Fibre2Fashion News Staff
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=154799

Prime Real Estate May Be Set for Development

A 5,000-square-meter plot of land owned by the local Sokimex Group on Phnom Penh’s Street 154, near Wat Ounalom and Kandal market, could be the site of a new, multi-story hotel, the conglomerate’s CEO said Tuesday. Sok Kong, Sokimex CEO, said Tuesday that construction of a ...

Aun Pheap and Joshua Wilwohl
http://www.cambodiadaily.com/business/prime-real-estate-may-be-set-for-development-46269/

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