Taipei re-indict alleged human traffickers after more victims rescued from Cambodia
The leaders of two rings that allegedly lured 88 Taiwanese nationals to Cambodia and forced them to participate in scams have been indicted for a second time by Taipei prosecutors after 30 more of their victims were rescued and returned to Taiwan. ...
Khmer Times Staff
Fresh sand ‘fraud’, claims NGO Mother Nature, as sand numbers between Taiwan and the government appear to be off by more than 1.5M tonnes
More than $30 million in Cambodian sand exports registered by Taiwan appear to be missing from Cambodia’s customs records, according to data from both governments, marking yet another large-scale discrepancy in the Kingdom’s figures on the trade. ...
Phak Seangly and Shaun Turton
Bird’s nest producers eye China market
Edible bird’s nest producers have called on the Ministry of Commerce (MoC) to facilitate the industry’s access to the Chinese market. Nang Sothy, president of the Cambodia Bird’s Nest Federation, said yesterday that the association had requested the MoC to include the delicacy on the list ...
Protests in city, province keep going
Thousands of employees from two Taiwanese-owned factories continued striking for better working conditions yesterday. ...
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
Factory ends strike after compromise
Workers at a Taiwanese-owned sandal factory in Kompong Cham province on strike since last week over an eight-point list of demands agreed to go back to work Tuesday after reaching a deal with management that included a monthly lunch stipend. A few hundred of the Carlington ...
TAITRA reiterates Phnom Penh trade center approved
The Taiwan External Trade Development Council (TAITRA) yesterday insisted it has received the green light from the Cambodian government to open a Taiwan trade center in Phnom Penh. TAITRA, a non-profit trade promotion organization affiliated with the Ministry of Economic Affairs, made the remarks in response ...
Cambodia denies allowing China's Taiwan to open representative office
Cambodia on Friday afternoon issued a statement to reject a news report that the country had given approval to China’s Taiwan to open a trade center in its territory. According to the statement posted on its website, the Cambodian Ministry of Foreign Affairs and International Cooperation ...
Xinhuanet News Staff
Taiwan gets green light to open trade center in Cambodia
The nation has received approval from the Cambodian government to open a trade center in Phnom Penh, the semi-official Taiwan External Trade Development Council (TAITRA) said. The center, which is expected to be officially opened next month at the earliest, will raise the number of the ...
Taipei Times News Staff
One China policy stymies citizenship scam
The Phnom Penh Municipal Court on Monday heard the case of a member of Interior Minister Sar Kheng’s cabinet who was charged with fraud for accepting $38,000 from the representative of a Taiwanese national in exchange for citizenship documents that were never delivered. Suong Veasna, a ...
Two’s company at CSX
It may not have all the glitter, adrenaline or the iconic tolling bell of Wall Street, but today, the usually deserted Cambodian Stock Exchange (CSX) will be a hive of activity. After first hinting at an initial public offering more than two years ago, garment manufacturer ...
CSX gets help from Thailand
Cambodia Securities Exchange (CSX) will partner with the Stock Exchange of Thailand (SET) to bolster technical knowledge and potential investment into Cambodia’s nascent stock market. An agreement between the two financial institutions was signed in Phnom Penh yesterday at the CSX office, a deal that will ...
Cambodia sees big jump in construction investment in first quarter
Cambodia’s construction sector received a total investment of 851 million U.S. dollars in the first three months of 2014, up 311 percent compared with 207 million U.S. dollars over the same period last year, the official figures showed Thursday. During the January-March period this year, the ...
Shanghai Daily News Staff
Cambodia may present safer base for Taiwanese businesses
Cambodia is a promising target for Taiwanese entrepreneurs seeking cheap labor without risking the social unrest that has surged through Vietnam, according to an economics professor in Taiwan cited in our Chinese-language sister paper China Times. Riots have broken out in Vietnam against China’s oil rig ...
Hong Kai-yin, Huang Tsung-yuan, Tang Yu-lin and Staff Reporter
Momentum building for GTI
The next stage of Grand Twins International’s (GTI) listing on the Cambodia Stock Exchange – public subscriptions – has had a positive response, according to the head of one of the country’s brokerage firms. Svay Hay, CEO of Acleda Securities, a registered broker for GTI, said ...
Trafficker gets 10 years
The manager of Giant Ocean International, a now-defunct recruitment firm notorious for abuse scandals, was sentenced yesterday to 10 years in jail for trafficking hundreds of Cambodian fishermen to work in slave-like conditions overseas. Taiwanese national Lin Yu-shin, who ran the firm, was arrested in May ...
Buth Reaksmey Kongkea and Laignee Barron
Failing to sew up support
Cambodian stockbrokers yesterday admitted to a disappointing level of investor interest in Grand Twins International’s (GTI) initial public offering. Garment industry unrest, distrust in the private sector and a lack of liquidity in the market were all said to be discouraging investors from buying into the ...
Iffy factory supplying LA’s finest
A Phnom Penh-based factory supplying uniforms for police officers and firefighters in the US city of Los Angeles continues to break Cambodian labour laws, a report to be publicly released today says. Kin Tai Garment factory, a supplier to 5.11 Tactical – which sells the uniforms ...
Factory shutters in shame
The Zongtex Garment factory off Phnom Penh’s Russian Boulevard looks like a nondescript residential compound, hidden down a dead-end road. There are no signs suggesting that it supplied to some of the world’s leading high street names – and the US military. Taiwanese-owned Zongtex Garment Manufacturing ...
Daniel Pye, Alice Cuddy and Chhay Channyda
Taiwan's bike makers shrug off challenge from Cambodia
Giant Bicycles founder and chairman King Liu said on March 5 that Taiwan’s bicycle manufacturers are still competitive, despite the challenge from Cambodian competitors becoming stronger due to the country’s favorable tax policy. Bicycles exports from Taiwan were down 11.49% year-on-year in 2013, while exports ...
Want China Times News Staff