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Former Manager Admits Stealing $2.3M From Canadia Bank

The former manager of Canadia Bank’s credit section has admitted to stealing $2.3 million from the bank’s accounts, the suspect’s lawyer said Tuesday, in what is one of the largest embezzlement schemes ever undertaken in Cambodia’s nascent banking industry. The testimony from Yeth So­pheaktra, 30, to ...

Eang Mengleng and Colin Meyn
http://www.cambodiadaily.com/news/former-manager-admits-stealing-2-3m-from-canadia-bank-44689/

Picking up the pieces

The sight of traffic moving easily and people milling about along Veng Sreng Boulevard in the capital’s Meanchey district yesterday was a far cry from two days earlier, when the street was occupied by makeshift roadblocks, bonfires and military personnel carrying automatic rifles. While visible evidence ...

May Titthara, Khouth Sophak Chakrya and Sean Teehan
http://www.phnompenhpost.com/national/picking-pieces

Electric car is still on the charger

What happened to Cambodia’s electric car? The short answer is, the wait continues. More than seven months after its owners unveiled the new and improved Angkor EV 2013 to great fanfare, they are chronically short of funding and assembly is taking place in piecemeal fashion. Seang Chan ...

http://www.phnompenhpost.com/business/electric-car-still-charger

US Taxman Provides Investigation Training

The U.S. tax collection agency is this week training Cambodian bank staff as well as anti-corruption officials, police, judges and prosecutors in how to investigate financial activity to detect wrongdoing, officials said Monday. U.S. Embassy spokesman Sean McIntosh said the program, called Intermediate Financial Investigations Training, ...

http://www.cambodiadaily.com/business/us-taxman-provides-investigation-training-40220/

A Year On, Cambodia’s Role as Asean Chairman a Bitter Memory

Resentment is still simmering toward Cambodia for its handling of the contentions South China Sea issue last year, which fractured the unity of Asean, analysts from around the region said Thursday. During the first day of a two-day regional conference in Phnom Penh organized by the ...

Hul Reaksmey and Dene-Hern Chen
http://www.cambodiadaily.com/news/a-year-on-cambodias-role-as-asean-chairman-a-bitter-memory-42812/

Businessman’s Son Has Prison Sentence Cut

The Court of Appeal has reduced to six months the original three-and-a-half-year prison term handed to the son of a wealthy businessman for pistol-whipping a man and damaging restaurant property. Duong Udomchorvin, 24, was sentenced in May, along with his 17-year-old brother, Duong Kimlong, who was ...

Khy Sovuthy
http://www.cambodiadaily.com/news/businessmans-son-has-prison-sentence-cut-43055/

Committees to ‘Research’ Minimum Wages, ‘Study’ Killings

Prime Minister Hun Sen on Friday assigned former Finance Minister Keat Chhon as the head of a newly formed committee tasked with researching the government’s capacity to introduce wage increases for civil servants and factory workers. The statement said that Mr. Hun Sen also spoke ...

Kuch Naren
http://www.cambodiadaily.com/news/committees-to-research-minimum-wages-study-killings-50431/

Banteay Meanchey Dam at Risk of Breaking, Inundating Villages

Hundreds of police and soldiers have been working around the clock since Wednesday to prevent a major dam built during the Khmer Rouge period in Banteay Meanchey province from breaking and flooding as many as eight surrounding villages, officials said Thursday. Heavy rains, compounded by floodwaters ...

Ben Sokhean
http://www.cambodiadaily.com/news/banteay-meanchey-dam-at-risk-of-breaking-inundating-villages-44409/

Nation’s youngest lack teachers

Fewer and fewer primary schoolteachers are willing to cope with poor pay and the worst student-to-teacher ratio outside of Africa, government data shows. Annual reports released by the Ministry of Education, Youth and Sport reveal that despite fervent recruitment efforts, every year since 2005 – when ...

Laignee Barron and Mom Kunthear
http://www.phnompenhpost.com/national/nation%E2%80%99s-youngest-lack-teachers

US Asks Parties to ‘Work Together’ for the People

The U.S. State Department on Tuesday called for the ruling CPP and opposition CNRP to “work together” and repeated its call for a transparent review of irregularities in July’s national election. “The United States urges leaders of the ruling Cambodian People’s Party (CPP) and the CNRP ...

Phorn Bopha and Joshua Wilwohl
http://www.cambodiadaily.com/elections/us-asks-parties-to-work-together-for-the-people-43407/

EU Ambassador Meets Sok An, Says CNRP Should Take Seats

Popular online news website CEN (Cambodia Express News) reported Wednesday that European Union (E.U.) Ambassador Jean-Francois Cautain told CPP Deputy Prime Minister Sok An that the E.U. wished to see the opposition CNRP take their seats in the National Assembly. Mr. Cautain’s comments were made during ...

Mech Dara and Alex Willemyns
http://www.cambodiadaily.com/elections/eu-ambassador-meets-sok-an-says-cnrp-should-take-seats-44310/

Bar Association Requests Set Price for Copies of Case Files

The Bar Association of Cambodia has written to Justice Minister Ang Vong Vattana requesting that an official price be set for photocopies of court case files, claiming that court clerks are taking advantage of the current system by charging lawyers extortionate amounts. The letter, dated October ...

Kuch Naren
http://www.cambodiadaily.com/news/bar-association-requests-set-price-for-copies-of-case-files-46689/

Families file complaint over Pailin governor

The 19 families in Pailin province who were told by police and military police on Saturday to vacate their land filed a complaint with Adhoc on Monday, the provincial coordinator for the NGO said. Authorities told the families to move on Saturday from the 95-hectares they ...

Aun Pheap
http://www.cambodiadaily.com/news/families-file-complaint-over-pailin-governor-53443/

Cambodia to meet Malaysia over maids MoU

The Ministry of Labor said Wednesday that the government has agreed on a final draft of a memorandum of understanding (MoU) with Malaysia regarding sending Cambodian maids to work there, but that no timeframe for the signing of the agreement has been set. Following reports of ...

Denise Hruby and Khuon Narim
http://www.cambodiadaily.com/news/cambodia-to-meet-malaysia-over-maids-mou-53635/

Cambodia’s Ruling, Opposition Parties at Odds Over Electoral Body Reform

Prime Minister Hun Sen’s ruling Cambodia People’s Party (CPP) on Monday rejected an opposition proposal to revamp the country’s electoral body as they met for a third round of talks aimed at breaking a seven-month political deadlock following disputed polls. Opposition leader Sam Rainsy’s Cambodia National ...

Radio Free Asia News Staff
http://www.rfa.org/english/news/cambodia/reform-03102014163840.html

Opposition councilors bemoan ministry directive

A number of provincial and district councilors aligned with the opposition have not been paid in the past two months following a Ministry of Interior directive in March calling for their salaries to be halted and positions revoked, according to the secretary-general of the Sam ...

Hul Reaksmey
http://www.cambodiadaily.com/news/opposition-councilors-bemoan-ministry-directive-58131/

Future unclear for dormant health center

Nearly three years after it was shut down for supposed renovations, Phnom Penh’s Chamkar Mon Referral Hospital is still not operational and former staff say they have been left out in the cold about what will happen to the site. Commune, district, municipal and national health ...

Khuon Narim
http://www.cambodiadaily.com/news/future-unclear-for-dormant-health-center-59231/

More Plots Readied for Land Titles at Boeng Kak

Phnom Penh deputy governor Khuong Sreng oversaw the demarcation of five more plots of land Thursday in the city’s Boeng Kak neighborhood, where at least 48 families are still fighting for formal land titles. Some 3,000 families have been evicted from the neighborhood since the city ...

Mech Dara and Matt Blomberg
http://www.cambodiadaily.com/news/more-plots-readied-for-land-titles-at-boeng-kak-51002/

More four-star generals added to RCAF’s top-heavy ranks

The number of four-star generals in the Royal Cambodian Armed Forces (RCAF) grew Thursday as 29 former lieutenant generals were promoted at a ceremony in Phnom Penh presided over by Defense Minister Tea Banh, who last month underlined the army’s role as defender of Prime ...

Khy Sovuthy
http://www.cambodiadaily.com/news/more-four-star-generals-added-to-rcafs-top-heavy-ranks-52240/

Mind the wage gap

Most mornings, garment worker Vicheka buys food from the street vendors outside her factory in Kampong Chhnang province. The beef and pork dishes, she says, have a tendency to give workers a stomach ache – a reputation forged long before Vicheka and her co-workers at ...

http://www.phnompenhpost.com/index.php/2012092858979/National-news/mind-the-wage-gap.html

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