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Staff Protest Corruption at Telecom Cambodia

The director-general of Tele­com Cambodia, one of the country’s most highly regarded state-owned enterprises and a candidate for listing on the stock exchange, has left his post amid an investigation into corruption allegations, the minister of posts and telecommunications said on Thursday. Despite the staff’s ss='cambodia-color'>...

http://www.cambodiadaily.com/news/staff-protest-corruption-at-telecom-cambodia-10535/

Hun Sen and EU Ambassador Talk Elections, Land Reform

The European Union’s ambassador to Cambodia raised issues of judicial reform, land reform and the upcoming national elections in a meeting with Prime Minister Hun sen yesterday morning. The European Commission’s directorate-general for trade is currently reviewing a report by the U.N.’s human rights envoy ss='cambodia-color'>...

http://www.cambodiadaily.com/news/hun-sen-and-eu-ambassador-talk-elections-land-reform-11009/

Chinese sign deal on dam, villagers fear flooding

The massive and highly controversial Lower sesan 2 Dam project took a major step forward yesterday with the inking of government power purchase agreements and an investment deal between Royal Group and a Chinese company. But details about the contracts, their implementation or the fate of ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2012112759962/National-news/chinese-sign-deal-on-dam-villagers-fear-flooding.html

Non-Government Groups Take Stock of the Country’s Rights Records

The government’s abuse of land rights and indigenous minorities were among the top concerns raised Tuesday by non-governmental groups at a workshop in Phnom Penh on Cambodia’s progress toward achieving a long list of U.N. human rights recommendations. As part of the U.N. Human Rights Council’s ss='cambodia-color'>...

http://www.cambodiadaily.com/news/non-government-groups-take-stock-of-countrys-rights-record-21113/

Telecoms Regulator Calls For Price Meeting

The Telecommunication Regulator of Cambodia (TRC) is calling all mobile phone operators to attend a meeting next week in order to reconsider the costs for within-and across-network calls, after disputes over bonus promotions in Cambodia’s crowded telecoms market. TRC director Mao Chakrya said that for the ss='cambodia-color'>...

http://www.phnompenhpost.com/2013050165340/Business/telecoms-regulator-calls-for-price-meeting.html

Homeowners petition ADB

The occupants of 90 Phnom Penh households whose homes were partially or completely dismantled to make way for the Railway Rehabilitation Project partly funded by the ADB have demanded the bank offer them fair compensation. In a letter submitted to the Inter-Ministerial Resettlement Committee, the ADB, ss='cambodia-color'>...

http://www.phnompenhpost.com/2013052165738/National/homeowners-petition-adb.html

Mekong basin countries target double-digit tourism growth

Five SoutheaSt ASian countrieS, Cambodia, LaoS, Myanmar, Thailand and Viet Nam, are targeting a double-digit growth rate of international viSitorS annually by 2015 under the theme “Five CountrieS &ndaSh; One DeStination”, according to Hoang Tuan Anh, Viet Nam&rSquo;S MiniSter of Culture, Sport and TouriSm. In a SS='cambodia-color'>...

VietNamNet Bridge Staff
http://english.vietnamnet.vn/fms/travel/84268/mekong-basin-countries-target-double-digit-tourism-growth.html

Labor Leaders Say Negotiations Should Continue

International trade leaders say Cambodia’s workers and managers should continue to negotiate for an increase in wages, despite a deadly crackdown on worker protests earlier this month. Workers want a raise in the minimum wage to $160 per month to keep up with the rising cost ss='cambodia-color'>...

Sok Khemara, VOA Khmer
http://www.voacambodia.com/content/labor-leaders-say-negotiations-should-continue/1837064.html

IFC watchdog’s investigation into Cambodia’s top microfinance firms allowed to proceed

The International Finance Corporation’s (IFC) watchdog announced Tuesday it will proceed with an investigation into Cambodia’s leading microfinance firms, after the IFC withdrew a request for review of the decision to investigate. ss='cambodia-color'>...

Jack Brook
https://cambojanews.com/ifc-watchdogs-investigation-into-cambodias-top-microfinance-firms-allowed-to-proceed/

NagaCorp chief CEO’s son smashes casino striker’s phone, union says

A son of casino firm NagaCorp’s billionaire senior CEO has been accused by unionists of snatching and throwing to the ground a phone belonging to a striking employee of the company’s NagaWorld casino, with video also showing the identified executive lobbing a traffic cone at ss='cambodia-color'>...

Sovann Sreypich and Jack Brook
https://cambojanews.com/nagacorp-chief-ceos-son-smashes-casino-strikers-phone-union-says/

Cambodia’s airports see growth in 2011

There has been a 13 percent increase to Cambodia’s two international airports since the beginning of the year. The UsA, China, south Korea and Vietnam along with Japan were the key factors in this growth. The government’s attempts to attract visitors and investors is cited ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2011072150548/Business/cambodias-airports-see-growth-in-2011.html

Ongpin’s Atok buys Hong Kong company

Atok-Big Wedge Co. Inc., a listed company owned by the group of former Trade minister Roberto Ongpin, acquired Tidemark Holdings Ltd., a Hong Kong company that owns 25.9 percent of Forum Energy Plc, an oil and gas firm controlled by Philex Mining Corp. Atok-Big Wedge said ss='cambodia-color'>...

http://www.manilastandardtoday.com/insideBusiness.htm?f=2011/october/5/business4.isx&d=2011/october/5

Cambodia’s beer market growing more crowded

The Kingdom’s latest brewery is set to launch on November 1, introducing a new player into the growing Cambodian beer market, insiders said yesterday. The Khmer Brewery plant, a Us$60 million joint venture between locally based Chip Mong Group and major international brewery manufacturer Ziemann Group, ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2011102652343/Business/cambodias-beer-market-growing-more-crowded.html

Cambodia’s ISP market gets mega player

Internet service protocol company Mega will join the Cambodia’s gaggle of active providers today after launching an unconventional marketing campaign that sought to stir curiosity. Four billboards without a clear company name appeared around Phnom Penh in early January. “something Mega is coming soon” the ad, ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2012031655056/Business/newest-player-to-enter-kingdoms-isp-market.html

China’s ‘No Strings’ Aid Increasingly Attractive

The timing couldn’t have been better. After a week in which one NGO was suspended and others warned to “readjust their work,” and the World Bank was finally forced to reveal that it had stopped loaning to Cambodia, the government announced over the weekend that ss='cambodia-color'>...

http://www.camnet.com.kh/cambodia.daily/

Land Grabs Mar Cambodia’s Investment Boom

The evictions and so-called “land grabs” have angered aid donors, putting at stake hundreds of millions of dollars in foreign aid as well as a trade scheme that gives Cambodian produce tariff-free access to the EU. International donors and lenders such as the World Bank ss='cambodia-color'>...

Country’s Buyers Discuss Faintings, Union Law

Multiple government ministries and the International Labor organization will form a group to investigate the mass fainting that have plagued Cambodia’s garment industry over the past several months, Commerce Minister Cham Prasidh said yesterday. There have been at least 15 mass fainting since the beginning ss='cambodia-color'>...

S&P downgrades national sovereign debt rating

Ratings agency standard & Poor’s yesterday lowered Cambodia’s long-term sovereign credit rating by one notch to B due to the country’s continued inability to diversify its economy and increase government spending. The decision by standard & Poor’s comes after the agency said in september that constraints ss='cambodia-color'>...

S&P downgrades Acleda, keeps outlook stable

Hours after downgrading Cambodia’s long-term sovereign credit rating, ratings agency standard & Poor’s said it had also decided to lower the credit rating for Acleda Bank to B from B+, though it maintained its outlook for the bank as stable. The decision follows a similar decision ss='cambodia-color'>...

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