News

Cambodia, Canada strengthen bilateral cooperation in garment sector

H.E. Ok Boung, Secretary of State at the Ministry of Commerce, held a discussion with H.E. Ms. Pottie Donica, Canadian Ambassador to Cambodia, on bilateral trade relations, mainly in garment sector, at the ministry office on Monday afternoon, said the ministry’s news release. ...

So Sophavy
http://www.akp.gov.kh/?p=107430

Global brands linked to latest shamed garment factory

Italian sportswear brand Kappa and U.S.-based retail giant Walmart apparently source clothing from the latest addition to the International Labor Organization’s (ILO) list of low-compliance factories, according to a union leader at the factory who provided the branded tags from the clothing her members cut ...

Sun Heng and Holly Robertson
http://www.cambodiadaily.com/news/global-brands-linked-to-latest-shamed-garment-factory-63900/

Gov’t continues to seek new markets

The Ministry of Commerce has vowed to uncover more markets for Cambodian products to help buffer against price fluctuations caused by the Kingdom’s dependency on neighboring countries. In a response to concerns raised on social media, Commerce Minister Sun Chanthol wrote on the ministry’s official Facebook ...

Chan Muyhong
http://www.phnompenhpost.com/business/gov%E2%80%99t-continues-seek-new-markets

Canada couple bring Chinese, Indians into Cambodia gold company

Mike Weeks and Delayne Weeks of Canada had a dream five years ago: create a gold mine. Do it in a nation that has never produced gold commercially. Use the process to educate and enrich an impoverished population. The country is Cambodia. The mine is in northeast ...

Thom Calandra
http://www.equities.com/editors-desk/futures-commodities/canada-couple-bring-chinese-indians-into-cambodia-gold-company

Union leader in West seeking release of jailed activists

Rong Chhun, head of the Cambodian Confederation of Unions, is making a trip through the US, seeking support to help free 21 labor activists who have been in jail since deadly crackdowns on demonstrations in January. His visit comes as another labor leader, Ath Thun, was ...

Sok Khemara
http://www.voacambodia.com/content/union-leader-in-west-seeking-release-of-jailed-activists/1888813.html

Edmonton journalist Dave Walker missing in Cambodia

Police and friends of Canadian journalist and screenwriter Dave Walker are searching for the Edmonton man after he mysteriously vanished on Feb. 14 in Cambodia. The 58-year-old left the Green Village Angkor Guesthouse in the tourist city of Siem Reap about 2 p.m. with only his ...

Peter Mccartney
http://www.theglobeandmail.com/news/world/canadian-journalist-dave-walker-missing-in-cambodia/article16965825/?cmpid=rss1

Chinese investment in Cambodia up in 2013

Cambodia had attracted some $427 million of investment from China last year, up 62 percent compared with the $263 million in a year earlier, according to a report by the Council for the Development of Cambodia (CDC). The cumulative Chinese investment in Cambodia has totaled $9.6 ...

Global Times News Staff
http://www.globaltimes.cn/content/838148.shtml#.Utx56xD-LIU

Canada to provide $2.2 mln for climate change projects in Cambodia

The Canadian government has announced that they will provide $2.2 million through the Canadian International Development Agency (CIDA) to Cambodia to help fund climate change adaptation projects within the country. ...

Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=OTU1NDBkNmRkZjQ

Canada's Angkor Gold completes initial exploration in Ratankiri

Canada’s Angkor Gold Corp announced Wednesday the completion of preliminary exploration on its Blue Lizard prospect in the South Oyadao exploration lease in Ratanakiri province. A statement said termite-sampling crews encountered the prospect as artisanal workings and that the company had collected and analyzed more than ...

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

Canadian for-profit pre-school to open up

Canada-based Learning Jungle School, an early learning and child care provider, will enter the expanding Cambodian pre-school market, planning to start operations in January 2014. Ly Virak, Learning Jungle School franchisee for Cambodia, said there is an increasing number of young Cambodian parents who understand the ...

Hor Kimsay
http://www.phnompenhpost.com/business/canadian-profit-pre-school-open

Museum for money planned

In January, officials broke ground on the new $4 million headquarters for the Cambodia Securities Exchange. Situated along a northern stretch of Freedom Park, a short skip from Wat Phnom, the French colonial-era building is a suitable home for the two-year-old bourse, which now operates ...

http://www.phnompenhpost.com/business/museum-money-planned

Cambodian insurance industry sees 25 pct growth in first half

Cambodia’s insurance sector earned a total premium of 22 million U.S. dollars in the first six months of the year, up 25 percent from the 17.6 million U.S. dollars it made over the same period last year, the industry’s figures showed Tuesday. The premiums were from ...

http://news.xinhuanet.com/english/business/2013-08/06/c_132607310.htm

Koh Pich Awash With Development, but Don’t Ask for Details

Business is booming on Koh Pich. Since development began in 2006—and about 300 families were pushed off what was then farmland—the island has slowly grown into the symbol of commercial modernity in Phnom Penh. The developer, Overseas Cam­bodia Investment Corp., is also extending the island by ...

http://www.cambodiadaily.com/news/koh-pich-awash-with-development-but-dont-ask-for-details-36411/

Cambodia's garment exports up 22 pct in 5 months

Cambodia’s garment industry, the country’s biggest income earner, recorded 2.06 billion U.S. dollars in export value in the first five months of this year, up 22 percent on the same period last year, a Commerce Ministry’s report showed Tuesday. Garment export accounts for more than 80 ...

http://www.asean-china-center.org/english/2013-06/27/c_132492345.htm

ASICS Wants Monitoring Of Cambodian Sub-Contractors After Accident

The Japanese athletics brand ASICS said Friday that it would push its four Cambodian sub-contractors to join a programme that monitors conditions in garment and shoe factories. “We will strongly request to our sub-contractors in Cambodia to sign up to this programme,” Katsumi Funakoshi, ASICS ...

http://www.nationmultimedia.com/breakingnews/ASICS-wants-monitoring-of-Cambodian-sub-contractor-30206398.html

Cambodia's garment exports up 17 pct in Q1

Cambodia exported garment and textile products in equivalent to 1.34 billion U.S. dollars in the first quarter of 2013, up 17 percent from 1.14 billion U.S. dollars at the same period last year, the Commerce Ministry’s report showed Friday. Garment industry is the country’s ...

http://news.xinhuanet.com/english/business/2013-04/26/c_132342123.htm

Insuring for higher education

Canada-based life insurance company Manulife has launched a product intended to provide parents with security for their children’s education, and officials at the firm say they are optimistic about its prospects. Manulife’s research found that even families who were financially struggling would take advantage of ...

http://www.phnompenhpost.com/2013042365160/Business/insuring-for-higher-education.html

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