Industries

Local and foreign business interests form luxury property joint venture

A mid​ strong demand growth in the Grade A office sector, a joint-venture agreement signing event was held at the Sofitel Phokeethra last week, establishing an investment company, provisionally called Kingdom Luxury Development Co, which aims to build a Grade-A office tower Phnom Penh. The joint-venture ...

Hin Pisei
http://www.phnompenhpost.com/real-estate/local-and-foreign-business-interests-form-luxury-property-joint-venture

Evictions at airport planned

Dozens of houses have been marked for demolition near Phnom Penh International Airport as authorities say the families must be moved to bring the site in line with international standards. Civil aviation officials visited Chrey Chisark village in Por Sen Chey district’s Choam Choa commune with ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/evictions-airport-planned

Foreign tourists to Cambodia's Angkor heritage site up 12 pct in Q1

Cambodia’s Angkor Wat temple, a world heritage site, had attracted 778,740 foreign visitors in the first quarter of 2014, up 12 percent compared to the same period last year, official data showed Wednesday. The top five countries visiting the site are South Korea, China, Vietnam, Japan ...

Asean - China Centre News Staff
http://www.asean-china-center.org/english/2014-04/24/c_133286754.htm

De Castle Royal launches leaseback program

In a first for Phnom Penh, South Korean condominium developer Nury D&C has teamed up with SBI Royal Securities to offer condominium buyers a leaseback arrangement on the remaining condo-miniums and condo-minium blocks for sale at De Castle Royal. The 32-storey De Castle Royal has a ...

Post Staff
http://www.phnompenhpost.com/real-estate/de-castle-royal-launches-leaseback-program

Two flee summons in long-running dispute

Two villagers in Kampong Chhnang province’s Kampong Trolach district have fled their homes for safety reasons after getting an alarming summons from police in response to their refusal to accept relocation money from KDC International Company, which has been feuding with locals over land for ...

May Titthara
http://www.phnompenhpost.com/national/two-flee-summons-long-running-dispute

Wage-setting meet up in air

Exactly who will participate in a workshop to set the minimum wage in the garment sector with the Ministry of Labour this week remained unclear yesterday, with some key figures saying they had not yet been invited. During the workshop, to be held on Thursday and ...

Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/national/wage-setting-meet-air

Strikes still on in some provinces

Unrest in the garment sector spread yesterday, as hundreds of workers from Kandal province demonstrated outside their factory. The 700 workers at Unity Fashion factory walked off the job after managers said they would dock wages of workers who did not show up on April 17, ...

Mom Kunthear
http://www.phnompenhpost.com/national/strikes-still-some-provinces

Sacked bus drivers petition Labor Minster

A group of bus drivers and representatives of the Cambodian Labor Confederation (CLC) on Tuesday submitted a petition to Labor Minister Ith Sam Heng to intervene in their dispute with the Sorya Bus Transportation Company. At least eight drivers were fired last week shortly after they ...

Ben Sokhean and Simon Henderson
http://www.cambodiadaily.com/news/sacked-bus-drivers-petition-labor-minster-57092/

Cambodia calls for green industry development

Cambodia is encouraging green industry development in order to minimize impact on environment and reduce emission of greenhouse gas, Minister of Industry and Handicraft Cham Prasidh said Monday. Speaking at the Green Industry Seminar, Prasidh said currently industry has seen rapid growth but contributed to increasing ...

ASEAN China Centre News Staff
http://www.asean-china-center.org/english/2014-04/22/c_133281466.htm

Clock ticks on C.CAWDU bail bid

Embattled union leader Ath Thorn yesterday said that he had begun a fundraising effort, trying to come up with $25,000 in bail money by the end of the week. Thorn, president of the Coalition of Cambodian Apparel Workers’ Democratic Union (C.CAWDU), said union members would begin ...

Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/national/clock-ticks-ccawdu-bail-bid

Sihanouk statue waves down on Royal Palace

A familiar figure has popped up atop a building that authorities in Phnom Penh ordered demolished in October for violating height restrictions around the Royal Palace: a statue of late King Father Norodom Sihanouk. “I have built a King statue on the top of my building ...

Aun Pheap
http://www.cambodiadaily.com/news/sihanouk-statue-waves-down-on-royal-palace-56896/

Unrest among disabled security guards at SL Garment Factory

A team of disabled security guards hired to protect the embattled SL Garment Factory in Phnom Penh is seeking the formalization of their employment and an end to what they claim is the factory’s exploitation of their impairments. In November—at the height of an occasionally violent, ...

Sek Odom and Matt Blomberg
http://www.cambodiadaily.com/news/unrest-among-disabled-security-guards-at-sl-garment-factory-56892/

NagaCorp VIP program questioned

Citi Research, the strategy and analysis arm of Citigroup Inc, one of the world’s largest financial firms, has questioned NagaCorp’s VIP junket program in a recent report that also cites cross-border competition and tourism failings as potential threats to the program’s success. Citi Research’s analysis was ...

Eddie Morton
http://www.phnompenhpost.com/business/nagacorp-vip-program-questioned

New Year sees tourism boom

The number of domestic and foreign tourists visiting historical sites and the Kingdom’s coastal areas increased sharply during this year’s three-day Khmer New Year, according to provincial tourism departments. Data from Siem Reap’s tourism department show 258,000 tourists visited the city of ancient temples, an increase ...

Chan Muy Hong
http://www.phnompenhpost.com/business/new-year-sees-tourism-boom

Nationwide garment factory strike sputters into second day

A few garment factories resumed operations in Phnom Penh on Friday, albeit at reduced capacity, as thousands of workers returned to the city after Khmer New Year celebrations in the provinces. While the majority of factories in Meanchey and Pur Senchey districts stayed closed, it remained ...

Sek Odom and Matt Blomberg
http://www.cambodiadaily.com/news/nationwide-garment-factory-strike-sputters-into-second-day-56740/

Brands ‘violating contract rights’

Exclusive use of short-term contracts continues to impede progress in Cambodia’s garment sector, with major brands still sourcing from factories violating the statutory two-year limit on temporary employment, labour rights groups have warned. According to a report released last week by the Worker Rights Consortium (WRC), ...

Alice Cuddy
http://www.phnompenhpost.com/national/brands-%E2%80%98violating-contract-rights%E2%80%99

Cambodian largest port sees rise in cargo shipment in first quarter

The Sihanoukville Autonomous Port, Cambodia’s largest shipping facility, reported a 13 percent rise in cargo shipments in the first three months of this year, a port’s data showed Thursday. Some 862,380 tons of goods had been transported through the port during the January-March period this year, ...

Global Times News Staff
http://www.globaltimes.cn/content/855162.shtml#.U1CEvPmSxqU

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