Industries

A man’s world

Straining under the weight of bricks, buckets and metal bars, a faceless army carry their loads from trucks to a massive building site on Penh Penh’s Diamond Island. Hidden beneath wide-brimmed hats and kramas masking their faces from dust and the sun, the battalion of ...

Frédéric Janssens
http://sea-globe.com/female-construction-workers-cambodia/

A lesson in caution

After nearly 50 garment workers were killed last year while travelling to or from their respective factories, the Ministry of Labour has urged truck drivers who cram dozens into the back of vehicles each day to take more care on the roads. In an information session ...

Sen David
http://www.phnompenhpost.com/national/lesson-caution

Startup Promises a Future for Former Boeng Kak Residents

In mid-August, on day seven of production at the Coco Khmer social enterprise, the team experienced a setback. Temperatures in the fermenting room must remain between 35 and 40 degrees to produce the organization’s virgin coconut oil, but the temperature on that rainy day refused to ...

Devon Geary and Mech Dara
http://www.cambodiadaily.com/news/startup-promises-a-future-for-former-boeng-kak-residents-41532/

Sokimex Group Plans 15-Story Hotel Near Royal Palace

Local conglomerate Sokimex Group plans to construct a 15-story hotel as well as a supermarket and high-end shops on a more than 15,000-square-meter plot of land behind Phnom Penh’s Wat Ounalom, the firm’s founder, Sok Kong, said Thursday. Mr. Kong said his company had applied for ...

Aun Pheap and Joshua Wilwohl
http://www.cambodiadaily.com/news/sokimex-group-plans-15-story-hotel-near-royal-palace-41433/

Unionists remain in hospital

Blinded, bloodied and barely conscious, two unionists who were nearly beaten to death after passing out pro-union literature in front of a Phnom Penh garment factory remained in their hospital beds yesterday, awaiting a possible transferral to Vietnam. The vicious attack in front of Dayup ...

Mom Kunthear
http://www.phnompenhpost.com/national/unionists-remain-hospital

SL strikers go back to work today

Thousands of striking garment workers are set to return to work today, as more than two weeks of demonstrations at one of Asia’s largest garment factories come to a close. Meas Sotha, a shareholder at SL Garment Processing (Cambodia) Ltd, and Kong Athit, vice president of ...

Sean Teehan and Mom Kunthear
http://www.phnompenhpost.com/national/sl-strikers-go-back-work-today

Thai company shelves Kampot cement project

Thailand’s second-largest cement company has suspended a cement-plant project valued at about $200 million in Kampot province because of political uncertainty and better investment opportunities in Myanmar, according to a senior executive. Philippe Arto, the managing director of Siam City Cement Public Company Limited (SCCC), said ...

Rann Reuy and May Kunmakara
http://www.phnompenhpost.com/business/thai-company-shelves-kampot-cement-project

Drop-off in beverage imports questioned

Despite the fact that beverage consumption in Cambodia is on the rise, government statistics show that imports of alcohol and non-alcoholic products in the first half of 2013 have declined by 51 per cent year-on-year. The seemingly conflicting figures left some scratching their heads. Meng Saktheara, ...

Hor Kimsay
http://www.phnompenhpost.com/business/drop-beverage-imports-questioned

Property prices stagnant following election

Although house prices increased sharply in early 2013, they have remained stagnant following the national election last month. Kuy Vat, the President and CEO of VTrust Group, said housing prices in many projects remain unchanged, because most customers are waiting for the formation of the new ...

Siv Meng
http://www.phnompenhpost.com/real-estate/property-prices-stagnant-following-election

Sokimex Orders Businesses Off Prime Real Estate

Dozens of business owners occupying more than 8,000 square meters of prime real estate behind Phnom Penh’s Wat Ounalom have been ordered to vacate their premises by the local conglomerate Sokimex Group, an official from the firm said Wednesday. Though the firm declined to say what ...

Aun Pheap and Joshua Wilwohl
http://www.cambodiadaily.com/news/sokimex-orders-businesses-off-prime-real-estate-41237/

Condo market continues to grow despite over-supply

New projects involving 20 condo complexes are continuing to be built despite an already narrow market sector and a future surplus of condos in the Kingdom. According to research on the condo market by Bunna Reality Group in first half of this year, Phnom Penh now ...

Siv Meng
http://www.phnompenhpost.com/real-estate/condo-market-continues-grow-despite-over-supply

Cambodian casinos may be at risk

As Vietnam takes steps towards legalising gambling for its own citizens, analysts warn of a threat to the bottom line at Cambodia’s premiere casino, NagaWorld, whose patronage depends largely on gamblers from neighbouring countries. Local Vietnamese news agency Thanh Nien reported on Tuesday that the Vietnamese ...

Daniel de Carteret and May Kunmakara
http://www.phnompenhpost.com/business/cambodian-casinos-may-be-risk

Cambodia's inflation stands at 2.9 pct in first half of 2013: central bank

Cambodia’s inflation rate has accelerated to 2.9 percent in the first six months of the year, up from 1.8 percent over the same period last year, according to a report of the National Bank of Cambodia (NBC) on Wednesday. “The rate, below 3 percent, is low ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-08/28/c_132670860.htm

Cambodian police trained to fight money laundering, terror financing

With an aim of facing the growing challenge in Southeast Asia concerning money laundering and the financing of terrorism, the U.N. Office on Drugs and Crime has stepped in to provide Cambodian police with skills in order to curb this threat, according to a statement ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/kyodo-news-international/130826/cambodian-police-trained-fight-money-laundering-terror

Commune officials to solve factory disputes

In response to a growing number of strikes in the country’s highly profitable garment sector, the government trained 15 handpicked commune officials yesterday to mediate and resolve factory disputes. The training was designed to teach commune councillors to defuse and resolve conflict, Buth Ji, director of ...

Phak Seangly
http://www.phnompenhpost.com/national/commune-officials-solve-factory-disputes

Strikers descend on ministry

Shouting their demands and trying to force their way through the gate, thousands of striking garment workers rallied in front of the Ministry of Social Affairs to no avail yesterday. The strikes came the morning after management posted a notice saying some 6,000 striking workers ...

Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/national/strikers-descend-ministry

Cambodia expects double growth in rice exports this year: minister

Cambodia was expected to export as much as 400,000 tons of milled rice in 2013 thanks to rising demand on international markets and the country’s efforts in developing rice industry, Agriculture Minister Chan Sarun said Tuesday. “We project that Cambodia can export up to 400,000 tons ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-08/27/c_132667860.htm

Fruit Trucks Block Road In Customs Fee Protest

About 30 truck drivers transporting fruit blocked National Road 5 in Banteay Meanchey province’s O’Chrou district for an hour yesterday after customs of­ficials arrested six of their fellow drivers for refusing to pay fees they thought were unreasonable, drivers said. Nou Sal, 35, who transports ...

Hul Reaksmey
http://www.cambodiadaily.com/business/fruit-trucks-block-road-in-customs-fee-protest-40925/

Union reps claim factory beatdown

Union representatives who claim they were beaten to within an inch of their lives yesterday after they handed out pro-union leaflets in Phnom Penh’s Por Sen Chey district have vowed to take legal action. The 10 union members, who represent four different unions – the Union ...

http://www.phnompenhpost.com/national/union-reps-claim-factory-beatdown

Cambodia investment scams rising

The National Consumer Affairs Center of Japan and related bodies are warning of a rise in fraudulent investment schemes involving real estate in Cambodia, where economic growth is boosting foreign investment. The center received 1,312 inquiries between October 2011 and early this month from consumers who ...

The Japan Staff News Staff
http://www.japantimes.co.jp/news/2013/08/27/national/cambodia-investment-scams-rising/#.Uh1Rq9KBmN8

After poll, confidence dips: study

Confidence in the Cambodian economy has plummeted roughly 50 per cent in the tense post-election period, according to a market research survey of foreign business leaders working in the country. The survey, conducted by Indochina Research and seen by the Post this week, found that 98 ...

http://www.phnompenhpost.com/business/after-poll-confidence-dips-study

Still at Large, Chhouk Bundith Has Case Sent to Appeal Court

Although the Svay Rieng Provincial Court announced the ex-governor’s sentence in June and ordered his immediate arrest, he has remained elusive to the authorities. His lawyers filed an appeal in July to the Appeal Court challenging the provincial court’s verdict. Sun Bunnarith, Chhouk Bundith’s lawyer, claimed ...

Khy Sovuthy and Dene-Hern Chen
http://www.cambodiadaily.com/news/still-at-large-chhouk-bundith-has-case-sent-to-appeal-court-40914/

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