The Phnom Penh Post

Firm's 'hostage' awaits justice

Heng Hak wore a blank expression yesterday, her hair recently dyed a shade of blonde. Though her appearance suggested composure, a lift of her pant leg revealed the manifestation of the trauma she tried to escape last year. In March 2011, Hak jumped from the third ...

http://www.phnompenhpost.com/index.php/2012083158412/National-news/firms-hostageawaits-justice.html

Angkor Restorers ink first bargaining pact

Under the shade of Angkor’s canopies and twisted Banyan trees, more than 100 restoration workers watched yesterday afternoon as union delegates signed their first collective bargaining agreement, in what union advocates say should set a precedent for Cambodia’s construction industry. Over the past two years, the ...

Claire Knox and Mom Kunthear, P. 5
http://www.phnompenhpost.com/index.php/2012083158404/National-news/angkor-restorers-ink-first-bargaining-pact.html

Relief, tales of abuse as fishermen return

In a scene that has become all too familiar over the past year, a group of five fishermen who had endured more than a year in forced labour on a Thai fishing vessel returned to an emotional reunion with their families in Phnom Penh last ...

http://www.phnompenhpost.com/index.php/2012083058384/National-news/relief-tales-of-abuse-as-fishermen-return.html

Prasac borrows $1.5m from German company

Assets of Cambodian Microfinance Institution Prasac reached US$210 million with the combination of newly borrowed $15 million from Germany’s Deg-Deutsche Investitions Und Entwicklungsellschaft Mbh (DEG), officials said during the signing ceremony. The seven-year agreement at an annual interest rate of 5.5 per cent would help Prasac ...

http://www.phnompenhpost.com/index.php/2012083058374/Business/prasac-borrows-15m-from-german-company.html

Incitement Charge for Chhun

Global brands Levi’s and Gap had continued slashing orders at the Tai Yang and Camwell factories in Kandal province, costing the company that owns them about US$6 million, its manager claimed yesterday. Tai Yang Enterprises manager Wu Minghuor said the brands had reduced their orders from ...

http://www.phnompenhpost.com/index.php/2012083058388/National-news/labour-leader-summonsed-to-court.html

'Suspicious suspect' in Bavet shooting named

Police in Svay Rieng province said yesterday a Bavet town police officer had been under court-ordered supervision since last week on suspicion of being involved in the February shooting at a garment factory protest in the Special Economic Zone there. Provincial police chief Prach Rim said ...

http://www.phnompenhpost.com/index.php/2012083058386/National-news/suspicious-suspect-in-bavet-shooting-named.html

Companies lag on listing rules

Adding its name to a rapidly growing list of private companies, Tonlesap Airlines is gearing up for an initial public offering on the Cambodia Securities Exchange. And like many of these companies, the listing is still years off as Tonlesap prepares the tax and financial information ...

http://www.phnompenhpost.com/index.php/2012083058376/Business/companies-lag-on-listing-rules.html

Malaysia called out on MoU

Malaysia needs to start “paying attention” to a worker protection agreement with Cambodia that has languished for almost two years, a Ministry of Interior official said at a meeting yesterday. The meeting, which included officials from the ministries of Interior, Women’s Affairs, Tourism, Foreign Affairs and ...

http://www.phnompenhpost.com/index.php/2012082958343/National-news/malaysia-called-out-on-mou.html

High Stakes Security Game

Cambodia’s casino owners need to up the ante on security, the owners of each of the Kingdom’s 61 operating gaming venues were told yesterday at a Phnom Penh meeting called by national police authorities. Lieutenant General Sok Phal, deputy national police commissioner, said that in recent ...

http://www.phnompenhpost.com/index.php/2012082958352/National-news/cambodias-police-call-for-casino-crackdown.html

Angkor Golf Resort signs MoU with Tourism Malaysia

Malaysia tourism and travel agency officials have signed a memorandum of understanding at the Angkor Golf Resort in Siem Reap to boost golf tourism in Malaysia and Cambodia. Signatories to the MoU were Sao Ratha, marketing manager of Tourism Malaysia; Ng Eu Shen, general manager of ...

http://www.phnompenhpost.com/index.php/2012082958335/Business/angkor-golf-resort-signs-mou-with-tourism-malaysia.html

Beer Promoters 'banished' for striking

Angkor Beer promoters involved in last August’s strike over unpaid overtime have been banished to less popular restaurants and beer gardens in the past year, a report on the profession says. According to Promoting Decency? Report on the Situation of Beer Promotion Workers in Cambodia, released this ...

http://www.phnompenhpost.com/index.php/2012082958346/National-news/beer-promoters-banished-for-striking.html

IP rights discussed for Angkor

The ancient works of Cambodia’s King Suryavarman II could become a protected intellectual trademark if the World Intellectual Property Organization (WIPO) finalizes a treaty recognizing cultural heritage, the organisation’s head said yesterday. Angkor Wat, a 12th century temple complex and the Kingdom’s No 1 tourist destination, became an area of contention ...

http://www.phnompenhpost.com/index.php/2012082958339/Business/ip-rights-discussed-for-angkor-wat.html

Integration a priority

When deciding what aspects of their economies to prioritise to grow their economies, ASEAN’s less developed countries, Cambodia, Laos, Myanmar and Vietnam (CLMV), should look to the organisation’s oldest members (the ASEAN-6) for guidance, according to a joint statement following the fourth CLMV Economics Ministers’ ...

http://www.phnompenhpost.com/index.php/2012082958333/Business/integration-a-priority-for-asean.html

Korean earned income to rise

Cambodians working in South Korea this year are expected to remit up to US$80 million to the Kingdom as up to 40 per cent more Cambodian labour heads to the East Asian nation compared to last year. The Ministry of Labour and Vocational Training expects at ...

http://www.phnompenhpost.com/index.php/2012082958336/Business/korean-earned-income-to-increase.html

Cambodia seeing a solar surge as prices drop

Cambodia is lighting up with solar power as international politics gluts the world market with inexpensive equipment options, according to industry insiders. The lowering or complete end of subsidies for US, European and Australian firms, along with China’s backing of the renewable energy sector, has seen ...

http://www.phnompenhpost.com/index.php/2012082958337/Business/cambodia-seeing-a-solar-surge-as-prices-drop.html

Sex claims a conspiracy: boss

The Ocean Garment manager facing a slew of sexual harassment charges has lashed out at the union representing the 2,500 workers on strike over the past two weeks, claiming its delegates provoked the strike after management cracked down on absent workers and overtime requests. In a ...

http://www.phnompenhpost.com/index.php/2012082958354/National-news/garment-boss-quashes-workers-sex-claims-as-conspiracy.html

Rice export MoU signed

Cambodia has signed a memorandum of understanding (MoU) yesterday to export 100,000 tonnes of rice per year to Indonesia. Senior Cambodian officials hope the MoU will be the impetus for attracting more investments from other ASEAN member states. The MoU was signed between Cambodia’s Minister of ...

http://www.phnompenhpost.com/index.php/2012082958338/Business/rice-export-mou-signed.html

Bonsues 'won't' end strikes

A pay rise for the nation’s garment workers is imminent, but if recent strikes are anything to go by, the US$10 monthly increase from September 1 won’t be enough to stop them from walking off the job. Central to the demands of strikers at four garment ...

http://www.phnompenhpost.com/index.php/2012082858320/National-news/bonuses-wont-end-strikes.html

Camko City restarts after one-year hiatus

Construction at Camko City, an unfinished, US$2 billion satellite city in northwestern Phnom Penh, has resumed after at least one sentence connecting the mega-project’s chief executive with a Korean banking scandal was dropped. , the company behind Camko City, has resumed the construction of retail space ...

http://www.phnompenhpost.com/index.php/2012082858313/Business/camko-city-restarts-as-banking-scandals-drop.html

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