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UK to open investment office

May 18th, 2012, The Phnom Penh Post

The United Kingdom Trade and Investment Office would establish a permanent branch in Phnom Penh in the expectation that economic ties between the two countries would continue to grow, Cambodian and UK officials said yesterday. Bilateral trade has risen by 300 per cent during the past five years and was worth...

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Brands proving free lunches might exist

May 18th, 2012, The Phnom Penh Post, Foreign Aid, Garment Industry, International Relations, Labor

Major international garment and shoe brands have expressed interest in funding a food program that would feed Cambodian factory workers lunches in an effort to improve health and productivity, a labour advocate said on Wednesday.

Dave Welsh, country director of the American Center for International Labor Solidarity, said he raised the idea of a brands-sponsored food program with representatives of 14 brands that source from the Kingdom, including Nike, PUMA, Gap and Walt Disney …

Shane Worrell, P. 5
http://www.phnompenhpost.com/index.php/2012051856238/National-news/brands-proving-free-lunches-might-exist.html

Fewer Pig Imports Send Pork Prices Upward

May 18th, 2012, The Cambodia Daily, Agriculture & Agro-business, Exports, International Relations, Livestock

Growing demand for pork on the Thai market since March has lead to an increase in the price of live pigs in Cambodia, as Thai farmers reduce the amount of live pigs exported to Cambodia in order to fuel local demand, officials said yesterday. …

Phok Dorn, P. 25
http://www.camnet.com.kh/cambodia.daily/

Cambodia rubber drops 6 per cent

May 18th, 2012, The Phnom Penh Post, Economics, International Relations

Cambodia’s rubber prices declined almost six per cent in the past two weeks, caused by concern over the European crisis with Greece, industry players and Cambodian officials said yesterday.

Men Sopheak, deputy director general of Chop Rubber Plantation, a big rubber exporter in Cambodia, said the price declined by $200 from $3,550 to $3,350 per tonne in the past two weeks. …

Sieam Bunthy, P. 8
http://www.phnompenhpost.com/index.php/2012051856229/Business/cambodia-rubber-drops-6-per-cent.html

Second can factory will cater to locals’ thirst

May 18th, 2012, The Phnom Penh Post, Production

Crown Holdings, a metal packaging company, said this week it would build a second factory in Cambodia to keep up with the Kingdom’s growing beer industry.

The Sihanoukville factory, which is expected to produce 725 million aluminium cans a year, will be begin operating in the third quarter of 2013, according to a statement from the company. …

 

May Kunmakara, P. 7
http://www.phnompenhpost.com/index.php/2012051856231/Business/second-can-factory-will-cater-to-locals-thirst.html

Strikers told they have it good

May 18th, 2012, The Phnom Penh Post, Garment Industry, Labor

About 4,000 workers from two garment factories protested in Phnom Penh  yesterday for better working conditions – but bosses told them their 7.5 hour working days and free meals meant they had it pretty good.

The workers from SL Garment Processing (Cambodia)’s SL1 and SL2 factories began striking yesterday morning…

Mom Kunthear, P. 5
http://www.phnompenhpost.com/index.php/2012051856237/National-news/strikers-told-they-have-it-good.html

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