News

Water Supply Shares Fall Below Launch Price

The share price of the Phnom Penh Water Supply Authority (PPWSA) fell 50 riel yesterday to 6,250 riel, or about $1.52, bringing the authority’s share price lower than its initial public offering (IPO) in April. The decline matches views expressed by investors here that the authority’s ...

Water Supply Stock Falls Back to Initial Value

The share price of the Phnom Penh Water Supply Authority (PPWSA), the only stock so far to trade on Cambodia’s recently launched bourse, fell yesterday to the lowest price since its first day of trading nearly three months ago. At the day’s close, stock in PPWSA ...

SMEs look to regional buyers

Cambodia’s ASEAN Economic Minister yesterday urged small and medium-size enterprises to focus on countries in Southeast Asia, rather than Europe and the United States, for export destinations. Cham Prasidh, also the minister of commerce, said yesterday that regional markets have traditionally held a second place to ...

http://www.phnompenhpost.com/index.php/2012053056469/Business/smes-look-to-regional-buyers.html

Factory Says Buyers Will Go to Burma if Protests Continue

A representative of a factory that produces clothing for international clothing brands H&M, Gap and Levi Strauss warned yesterday that its buyers will place orders elsewhere if the strike for higher wages and benefits in its two factories continues. An official at the American Center for ...

Aun Pheap and Dene-Hern Chen, P. 24
http://www.cambodiadaily.com

Officials Move to Bring Unruly Garment Subcontractors in Line

Citing a government investigation that revealed factories colluding with unlicensed subcontractors to use unethical labor sources including prisoners, Minister of Commerce Cham Prasidh has asked the Garment Manufacturers Association in Cambodia to urge adherence to labor law. Rehabilitation programs meant to teach vocational skills such ...

Big brands talk labour rights

The biggest names in the apparel industry, including Nike, Puma and Gap, would meet today with officials from the Ministry of Labour to discuss issues plaguing the Cambodian garment manufacturing industry, such as mass fainting and contractual disputes, labour activists said yesterday.  Dave Welsh, country ...

http://www.phnompenhpost.com/index.php/2011090651477/National-news/big-brands-talk-labour-rights.html

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