News

Private residential property in Cambodia attracting foreign investors

Private residential property in Cambodia is being seen by some investors as relatively cheap, with potential for attractive returns. Industry players believe these factors are the main draw for foreign buyers, looking to grow their money in Cambodia. Keuk Narin, vice president of Asia Real Estate Cambodia ...

http://www.channelnewsasia.com/stories/marketnews/view/1253968/1/.html

MTZ to set up Belarus-Mekong joint venture in Cambodia

Minsk Tractor Works (MTZ trademark) will make a monetary contribution to the authorized capital of a private company Belarus-Mekong that is being set up in Cambodia. Upon the suggestion of the Industry Ministry of Belarus, the Belarusian company will transfer 32 million Cambodian riels (about ...

http://news.belta.by/en/news/econom?id=706786

Thousands Protest, Claiming Unpaid Salaries

Thousands of employees of two Singaporean-owned Yung Wah Industrial (Cambodia) Co.Ltd. factories, which produce shirts for Gap Inc. among other international brands, went on strike yesterday in Kandal province, claiming that they were not paid their salaries for last month. “Normally, salaries are paid between the ...

http://www.cambodiadaily.com

Plantation manager aims to be top oud oil producer

Asia Forestry Management, an integrated plantation-management company with a focus on cultivating Aquilaria crassna, aims to become Thailand’s biggest producer of oud oil this year and Southeast Asia’s in five years. The company’s plant in Trat province will be expanded to produce 280 kilograms of ...

http://www.nationmultimedia.com/business/Plantation-manager-aims-to-be-top-oud-oil-producer-30199911.html

Rights Group Denounces Gag Order on Lawyers Before Election

New York-based advocacy group Human Rights Watch (HRW) has accused the Cambodian Bar Association of trying to silence potential government critics ahead of July’s national elections by imposing restrictions on lawyers making public statements. The Bar Association and the Information Ministry have both issued edicts that ...

http://www.cambodiadaily.com

Thousands of Workers Protest For Increase of Minimum Wage

More than 5,000 workers from across seven factories in Svay Rieng province protested yesterday, demanding a doubling of the current minimum wage, a provincial labor official said yesterday. The country’s minimum wage sits at $61, and is supplemented by a $5 health benefit and a ...

http://www.cambodiadaily.com

Food, beverage imports rise

Cambodia spent about $200 million on food and beverage imports to supply the domestic market last year – an increase of more than 10 per cent from the previous year, official data from the Ministry of Commerce show. Government officials and representatives of the private sector ...

http://www.phnompenhpost.com/2013021361334/Business/food-beverage-imports-rise.html

Cambodia greets 333,900 Chinese tourists in 2012, up 35 pct

Cambodia attracted 333,900 Chinese tourists last year, a 35 percent rise compared with 247, 200 Chinese visitors in a year earlier, according to a report of the Ministry of Tourism on Tuesday. “We see a steady rise of Chinese tourists to Cambodia from year to ...

http://news.xinhuanet.com/english/travel/2013-02/12/c_132165732.htm

Siem Reap Province of Cambodia might forge ties with Belarusian region

A parliamentary delegation of Belarus led by Chairman of the House of Representatives of the National Assembly of Belarus Vladimir Andreichenko has paid a visit to Siem Reap Provide [sic] of the Kingdom of Cambodia on 12 February. During the visit Vladimir Andreichenko met with ...

http://news.belta.by/en/news/society?id=706832

Minimum wage may rise for Cambodian garment workers

The Cambodia’s Ministry of Labour has scheduled a meeting on February 26 with representatives of various unions to discuss the new minimum wage for garment workers in the country. However, the Ministry expects the various workers’ unions to agree on what the new wage should ...

http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=120969

Scrutiny over hotel service fees in Cambodia

Major hotels are under the microscope after a labour rights group found that some have been failing to pass their entire service charge on to their staff, a violation of the Labour Law. Dave Welsh, country manager of the American Center for International Labor Solidarity(ACILS), said yesterday ...

http://www.phnompenhpost.com/2013021261316/National/scrutiny-over-hotel-service-fees-in-cambodia.html

Cambodia business embraces Facebook advertising

With an average of 1,100 additions every day, a new user joins Facebook in Cambodia every two minutes, according to estimates from social media marketing and advertising agency Social Media Plus. Founder of Social Media Plus Anthony Galliano said more and more companies operating in Cambodia ...

http://www.phnompenhpost.com/2013021261301/Business/cambodia-business-embraces-facebook-advertising.html

Chartered flights from Taiwan re-launched

Chartered direct flights from Taiwan to Cambodia were re-launched on February 7 by Taiwanese airline Far Eastern Air Transport, one year after the company abruptly suspended the flights over a dispute with its Cambodian airline partner over unpaid aviation fuel. Six flights have been ...

http://www.phnompenhpost.com/2013021261307/Business/chartered-flights-from-taiwan-re-launched.html

EZECOM and Thai partner interconnect

Thai telecommunications network provider United Information Highway (UIH) and Cambodian internet service provider EZECOM said they established an interconnect agreement last month to offer improved service to customers conducting business with neighbouring countries. “We have UIH as a partner for our connection to Thailand; the connection ...

http://www.phnompenhpost.com/2013021261303/Business/ezecom-and-thai-partner-interconnect.html

Forest activists, firm facing off once again

The Prey Lang Community Network yesterday delivered a letter to authorities in Kampong Thom province’s Sandan district calling for the postponement of a Vietnamese concessionaire’s forest clearing and notifying authorities of their intention to deliver a lawsuit to the provincial hall tomorrow, network activists said. According ...

http://www.phnompenhpost.com/2013021261309/National/forest-activists-firm-facing-off-once-again.html

Graduates fear career jobs woe

A year from now, 23-year-old Sum Tiara will graduate from the Royal University of Law and Economics with a degree in law. At the moment, however, she needs to earn a living and pay for her studies by working in bars and restaurants in Phnom Penh. ...

http://www.phnompenhpost.com/2013021261305/Business/graduates-fear-career-jobs-woe.html

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