News
Union Bashes Wage Hike, Ponders National Strike
The Free Trade Union (FTU) is unhappy with the size of the raise agreed to this week by manufacturers for garment workers and said it would meet next week to decide whether to hold a nationwide strike in August for a larger increase, said FTU ...
Manufacturers Raise Garment Workers’ Pay
Manufacturers in Cambodia yesterday agreed to increase the monthly wage of garment workers by $7 per month by providing them with additional allowances for transportation and housing, bringing the minimum wage packet taken home every month to $73. The raise occurred as the number of strikes ...
Long-Running Protest Still Without Resolution
About 2,000 workers at a factory supplying clothes to U.S. brands Levi Strauss, Gap and Old Navy were stopped by security forces yesterday as they attempted to march from Kandal province to the Ministry of Labor to protest for severance payments and additional benefits. Protests at ...
Factory Owners Agree to Provide More Benefits
Garment factory owners have agreed to provide workers with an additional $9 in monthly benefits for transportation, housing and attendance in order to reduce growing protests in the sector, Garment Manufacturers Association of Cambodia (GMAC) officials said yesterday. “We will provide $3 in attendance bonuses and ...
3,000 Factory Workers Block Road; Protests Set to Continue
About 3,000 workers at a factory supplying clothes to U.S. brands Levi Strauss and Old Navy blocked traffic for nearly five hours yesterday on National Road 4 in Kandal province, as part of a protest for more benefits and severance pay, protesters and police said. Protests ...
Workers Strike at Factory Supplying US Brands
Roughly 4,000 garment workers at a factory supplying clothes for U.S. brands Gap, Levi Strauss and Old Navy went on strike yesterday and threatened to march in Phnom Penh on Thursday to demonstrate against poor pay. The demonstration took place at Tai Yang Enterprises in Kandal ...
Rice industry calls for help
Milled-rice exporters have called on the government to continue its efforts in reducing electricity and transportation costs, two of the main obstacles facing the government’s goal of exporting 1 million tonnes of milled rice by 2015. At a working group on rice exports on Friday, 40 ...
http://www.phnompenhpost.com/index.php/2012061156715/Business/rice-industry-calls-for-help.html
Little spark for electric motos
Battery-powered scooters are capturing an increasing share of the Asia Pacific’s two-wheeled transport market, according to a recent study, but scooter retailers in Phnom Penh yesterday said Cambodians still opt for the petrol-burning version. By 2018, about 65.5 million electric scooters worth some US$382 million will ...
http://www.phnompenhpost.com/index.php/2012050756009/Business/little-spark-for-electric-motos.html
City’s Transportation Workers Protest High Gasoline Prices
About 100 tuk-tuk drivers, motorcycle taxi drivers, vendors and other informal transportation workers protested against the high price of gasoline yesterday at the National Assembly, claiming the high petrol prices are cutting into their small profits. Vorn Pao, president of the Independent Democracy of Informal Economy ...
Rail line discussed for north Cambodia
A Chinese railway company may conduct a feasibility study on a 700-kilometre rail line in northern Cambodia, officials and local media reported yesterday. Officials from Nanning Survey and Design Institute Co Ltd, a subsidiary of China Railway Siyuan Group, discussed the study with the Ministry of ...
Australian grant to assist railway families
The Australian government is committing $1 million to help families being forced out of their homes to make way for a railway rehabilitation project it is co-funding with the government and the Asian Development Bank (ADB), the Australian Embassy said in a statement Friday. The embassy ...
Regional bank meets with evicted railway families
The Asian Development Bank (ADB) met yesterday with the representatives of families evicted or facing eviction to make way for an ADB-funded railway project, and defended itself against complaints that the project was pushing some of them deeper into poverty. The ADB has billed the $142 ...
Tourism numbers rise by 14 per cent
The number of foreign tourists visiting Cambodia through July climbed 14 per cent year-on-year, with the most arrivals coming from Vietnam, South Korea and China, according to the latest Ministry of Tourism figures. Improved transportation, greater promotion of the Kingdom to world markets and widely ...
China Inks Agreement to Buy One Million Ton of Cassava Product from Cambodia
The China National Food Industry (Group) and Cambodia’s Le Ye Rubber on August 13th signed a Memorandum of Understanding on a cooperation agreement to acquire one million cassava product exports from Cambodia to China Cai Yong Feng [President of China National Food Industry Group] said: ...
City Hall Bans Sand Transport Across Both Monivong Bridges
Officials in Phnom Penh’s Meanchey district said yesterday that all transportation of sand across the old and new Preah Monivong bridges has been banned for the duration of the rainy season to protect the road surface and avoid accidents. According to a City Hall announcement ...
Exports Rise, but Value of Goods Remains Weak
Cambodia saw significant percentage gains in regional trade in the first six months of the year, though the gap between imports and exports remained large, according to data released yesterday by the Ministry of Commerce. According to the figures, the country saw regional exports to ...
Economic Census Sheds Light on Businesses
The Ministry of Planning yesterday released the preliminary results of the 2011 economic census, which found that Cambodia has a total of 503,008 businesses nationwide, of which nearly 20 percent are based in Phnom Penh. The census, which began on March 1 and was financed ...
Tycoon lands surprise
Mong Reththy, former advisor to Prime Minister Hun Sen has said that investors should use local residents on their land concessions rather than evicting them and hiring outsiders. According to a US diplomatic cable released by WikiLeaks Mr. Reththy is “Hun Sen’s Money Man” and ...
http://www.phnompenhpost.com/index.php/2011072850694/National-news/tycoon-lands-surprise.html
Vietnam businesses eyeing the Kingdom
Vietnam businesses are looking to invest in Cambodia but are faced with a shortage of skilled labor and high transportation costs. The Oversea Entrepreneur Forum in Phnom Penh saw over 100 firms meet to discuss potential partnerships. It has also been said that further cooperation ...