News

Trafficked numbers rising

Their stories have become all too familiar – Cambodian fishermen enslaved on fishing boats after being promised lucrative jobs overseas. They’re also becoming increasingly common. Anti-trafficking NGOs told the Post this week that they have noticed an exponential increase in the number of trafficking complaints from ...

Danson Cheong
http://www.phnompenhpost.com/2013052265773/National/trafficked-numbers-rising.html

Thai generator looking at Kingdom

Thailand-based Ratchaburi Electricity Generating Holding Pcl (RATCH) has “seriously assessed” investment possibility in neighbouring countries including Cambodia, a company statement said last Thursday. It said it had geared up for business expansion in domestic and international markets in the potential existing investment bases Laos and Australia, ...

http://www.phnompenhpost.com/2013052065705/Business/thai-generator-looking-at-kingdom.html

Made in Cambodia: Foreign Industry Calls on Cambodia as the Next “Low-Cost” Alternative in All Things Manufacturing

About a decade ago, global manufacturing firms staged a mass exodus to Asia in search of low-cost alternatives to increasing domestic wage demands and operational costs. The consensus was the continued development of a regional supply chain that had formed in countries like Vietnam and Indonesia, ...

http://www.cambizreview.com

Maids to rally for rights

Half a year after the first Cambodian domestic workers network formed, Cambodian activists for maids’ rights are turning to workers in other sectors and international organisations for solidarity and support. Long lacking organised representation, Cambodian domestic workers this Wednesday will join workers in other industries in ...

http://www.phnompenhpost.com/2013042965296/National/maids-to-rally-for-rights.html

Tourism not competitive

Cambodia ranks last in travel and tourism competitiveness among eight Southeast Asian countries, according to a recently published study by the World Economic Forum. The Travel and Tourism Competitiveness Report 2013, which excluded Laos and Myanmar, said Cambodia comes 106th out of 140 countries this year, ...

http://www.phnompenhpost.com/2013040964952/Business/tourism-not-competitive.html

Investors from Korea relocate to Cambodia

Korean investors are relocating labour-intensive businesses to countries such as Cambodia after Indonesia raised its minimum wage. A number of Korean investors had closed their Indonesian factories and relocated to other countries in the region because their requests for minimum-wage exemption had been refused, The Jakarta ...

http://www.phnompenhpost.com/2013020761220/Business/investors-from-korea-relocate-to-cambodia.html

Single visa test-run

A single visa for Thailand and Cambodia is ready for launch 27 December at all of the countries’ consulates and embassies. It is a test phase of a wider project called ACMECS Single Visa (Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy) involving Thailand, Laos, Vietnam, Cambodia, and ...

http://www.ttrweekly.com/site/2012/12/single-visa-test-run/

Loan agreement inked for Cambodia’s first garment training school

The Garment Manufacturer’s Association in Cambodia (GMAC) signed a $3.5 million loan agreement with French international development agency Agence Francaise de Development (AFD) yesterday to build Cambodia’s first garment sector training school. The school will train Cambodia’s unskilled garment workers and other Cambodians who wish to ...

http://www.phnompenhpost.com/index.php/2012120460070/Business/loan-agreement-inked-for-cambodias-first-garment-training-school.html

Malaysia frees 105 foreign maids 'held against will'

Malaysian authorities have freed 105 mostly Indonesian maids who were forced to work without pay by day and held against their will at night, local media reported on Monday. The women were freed Saturday in a raid on a building near the capital Kuala Lumpur where ...

http://www.google.com/hostednews/afp/article/ALeqM5igjHnvQyGUIdIgzEXhUZtP2oNyyQ?docId=CNG.cc66d94e22988b53c786d79196923ae9.571

Regus Opens in Cambodia, Expands Footprint to 99 Countries

Regus, the world’s largest provider of flexible workplaces is offering a helping hand to local and international businesses in Cambodia, with the launch of its first business centre there. The flexible workspace at the center enables companies of all sizes to expand their presence in ...

http://www.timescolonist.com/business/Regus+Opens+Cambodia+Expands+Footprint+Countries/7550616/story.html

Cambodia has capacity to meet financial commitments

What does Friday’s affirmation of Cambodia’s ‘B’ long and short-term sovereign credit ratings actually mean? In short, it signals that the Kingdom of Cambodia — unlike Greece, for example — “currently has the capacity to meet its financial commitments,” according to definitions used by Standard and ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MjYzNjA5ZjFjY2YyOWExZDBmMzQ0OWQwMGVhYzJi

Celestial Tiger Entertainment announces five new carriage agreements

Celestial Tiger Entertainment (CTE), the operator of the largest bouquet of pan-Asian channels dedicated to Asian entertainment, has announced five new carriage agreements on the first day of the 2012 CASBAA Convention, the annual pay TV industry conference held in Hong Kong. The newly-inked deals ...

http://www.mediamughals.com/News/1/1/Article/10965/Celestial_Tiger_Entertainment_announces_five_new_carriage_agreements.htm

PTT sets Bt6bn budget for 5-year expansion

PTT has set aside up to Bt6 billion to carpet key Asean markets with more than 240 retail petrol stations over the next five years. President and chief executive officer Pailin Chuchottaworn said the company had earmarked spending of between Bt5 billion and Bt6 billion through ...

http://www.nationmultimedia.com/business/PTT-sets-Bt6bn-budget-for-5-year-expansion-30193279.html

ADB cites weaknesses of microfinance sector

THE PHILIPPINES is one of the leading countries in microfinance policy and regulation in Asia but it still lags in terms of scale and reach to the poor, the Asian Development Bank (ADB) said. “Of the 21 countries with ADB support during 2000-2010, ADB’s efforts were ...

http://www.bworldonline.com/content.php?section=TopStory&title=ADB-cites-weaknesses-of-microfinance-sector&id=60230

Southeast Asia smartphone growth: 78% in 12 months

Southeast Asia is a growth market for the mobile industry, with Indonesia and the Philippines being key markets for growth, particularly in smartphones, reports GfK Asia. The Southeast Asian mobile phone market is on the rise, having grown by 24% in volume in the past 12 ...

http://e27.sg/2012/09/17/southeast-asia-smartphone-growth-78-percent-12-months/

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