Industries

Estimated $900k damage after factory blaze

The cost of a blaze that ripped through a backpack factory in Phnom Penh’s Dangkao district last Tuesday amounted to almost $1 million, an administrator at the factory said Monday. ...

Sek Odom
http://www.cambodiadaily.com/news/estimated-900k-damage-after-factory-blaze-67745/

First half sees values spike for prime residential areas

Property prices in Phnom Penh’s prime residential locations increased by 13.7 per cent in the first half of 2014, while prime office development land prices increased by 7.6 per cent, according to Knight Frank Prime Asia Development Land Indices. Ross Wheble, the independent global property consultancy’s ...

Sum Manet
http://phnompenhpost.com/real-estate/first-half-sees-values-spike-prime-residential-areas

US real estate giant Century 21 opens Cambodia office

California-based real estate firm Century 21 enters the emerging Cambodian property market with today’s formal opening of its local operations in the country. According to Goos, the local franchise of Century 21 would concentrate on foreign buyers, especially on selling new condominiums, to avoid competing ...

Property Report News Staff
http://www.property-report.com/us-real-estate-giant-century-21-opens-cambodia-office-36243

Gov’t urges sauce makers to increase iron content

Manufacturers of soy and fish sauces should fortify the products with iron in order to improve Cambodians’ health, government officials said yesterday. During a workshop on iron fortification, Sat Samy, secretary of state at the Ministry of Industry and Handicrafts, called on producers to help combat ...

Kang Sothear
http://www.cambodiadaily.com/news/govt-urges-sauce-makers-to-increase-iron-content-67579/

Cash-strapped S’ville casino looks to expand

The Israeli gaming firm behind Sihanoukville’s Queenco Casino is seeking investors to expand its operations in the seaside town, according to a report released by the company last week, but after six months of “cash flow distress” and losses of more than $1 million, those ...

George Styllis
http://www.cambodiadaily.com/business/cash-strapped-sville-casino-looks-to-expand-67596/

Cambodia set to take second go at rice bid

Despite failing in its latest attempt to win the Philippine government’s bid to import rice, Cambodia will once again throw its hat into the ring when the offer is reissued, industry representatives said yesterday. ...

Chan Muyhong
http://phnompenhpost.com/business/cambodia-set-take-second-go-rice-bid

Thousands strike over pay at Kompong Cham garment factory

More than 5,000 workers from a footwear factory in Kompong Cham province went on strike Monday, calling on factory management to increase their benefits. The lively crowd rallied outside the Taiwanese-owned Juhui Footwear factory in Choeung Prey district, dancing to music pumped out of loudspeakers as ...

Ben Sokhean
http://www.cambodiadaily.com/news/thousands-strike-over-pay-at-kompong-cham-garment-factory-67397/

Cambodia broadens appeal to woo Chinese visitors

Developing Cambodia as a diverse travel destination and establishing direct flights will help attract more travelers from China, the country’s second largest source market. Cambodian Ministry of Tourism director of marketing and promotion, Visothy So, emphasized that Cambodia needs to brand itself as a destination with ...

Yvonne Chang
http://ttgasia.com/article.php?article_id=23735

About 230,000 Cambodians visit Vietnam in seven months: Report

229,307 Cambodian people visited Vietnam for tourism and medical checkups from January to July, 2014, according to Vietnam National Tourism Administration’s website. ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=OTg4OGE5NjhiNDg

Sihanoukville construction sites scaled back

Preah Sihanouk provincial governor Chhit Sokhon ordered three construction sites near Sihanoukville’s O’Tres Beach to scale back their projects on Friday after the owners overstepped building limitations, officials said Sunday. Mr. Sokhon ordered three construction sites along the O’Tres stream, an inlet that stretches about 2 ...

Aun Pheap
http://www.cambodiadaily.com/news/sihanoukville-construction-sites-scaled-back-67371/

Cambodia's garment industry seen approaching crossroads

Cambodia’s $5.5 billion garment industry is nearing a crossroads amid uncertain prospects for outsourcing, an industry source says, citing participants at a recent trade show in Phnom Penh. “Many industry suppliers believe that while Cambodia remains a growing market for their textile and garment products, there ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NjY3NTFlNmIzMTU

Workers take pay dispute to ministry of labor

Hundreds of garment workers traveled from a Kompong Chhnang factory to Phnom Penh on Monday to petition the Ministry of Labor to intervene in their dispute with factory management. About 3,000 workers from the Chinese-owned Jiun Ye Garment factory have been striking since August 18, accusing ...

Ben Sokhean
http://www.cambodiadaily.com/news/workers-take-pay-dispute-to-ministry-of-labor-67148/

Factories ask gov’t to punish strike leaders

The Garment Manufacturers Association in Cambodia (GMAC) over the weekend released a statement condemning an ongoing strike at a Kompong Chhnang garment factory and urging authorities to “punish the perpetrators.” About 3,000 employees of the Chinese-owned Jiun Ye Garment factory have been on strike since August ...

Ben Sokhean
http://www.cambodiadaily.com/news/factories-ask-govt-to-punish-strike-leaders-67103/

‘Solvable problems’ focus of fainting review

Amid reports of increased mass-fainting incidents in Cambodia’s garment sector, workers, employers and government officials gathered in Phnom Penh yesterday for a roundtable discussion on the issue. The conference, which was organised by the Cambodian Center for Independent Media, identified issues such as workday lengths and ...

Mom Kunthear
http://www.phnompenhpost.com/national/%E2%80%98solvable-problems%E2%80%99-focus-fainting-review

New fines for faintings

The minister of labour has sent a stern warning to garment factories to take measures to end mass faintings or face the consequences. Speaking after a safety workshop yesterday, Ith Sam Heng said the government will get tougher on factories, fining those that didn’t provide safe ...

Mom Kunthear
http://www.phnompenhpost.com/national/new-fines-faintings

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