News

Finance Ministry To Tackle Graft With ‘Rewards’

Finance Minister Keat Chhon an­nounced a new plan on Thursday to cut down on rampant state corruption by dispersing three-quarters of non-tax revenue to ministries and their employees as financial “rewards.” With Anti-Corruption Unit chief Om Yentieng by his side, Mr. Chhon laid out the bare ...

http://www.cambodiadaily.com/news/finance-ministry-to-tackle-graft-with-rewards-8993/

Pirated computer software cost Cambodia $50m

Pirated computer software accounted for about $50 million in losses to the Cambodian economy every year, an industry expert said yesterday. According to Pily Wong, president of the ICT Business Association, about 95 per cent of the computer software used in Cambodia is counterfeit, crippling the ...

http://www.phnompenhpost.com/2013020161114/Business/pirated-computer-software-cost-cambodia-50-million.html

Policy aims to boost science and technology

A national policy on science, technology and innovation is being drafted to boost Cambodia’s development in the competitive field, as the Kingdom endeavours to catch up with its regional neighbours and internationally. Officials met for the first-ever consultation workshop yesterday to draft a national policy document ...

http://www.phnompenhpost.com/2013020161115/Business/policy-aims-to-boost-science-and-technology.html

Faintings in Cambodian ‘model’ factories raise concern

A lobby group says three separate mass fainting incidents this week that took place at two Cambodian garment factories “speaks volumes” about the issue, because both workplaces have relatively good reputations for worker’s rights. More than 140 workers fainted on Wednesday and Thursday at Kandal’s QMI ...

http://www.phnompenhpost.com/2013020161118/National/faintings-in-cambodian-model-factories-raise-concern.html

Unionists cry foul over rejection

K-Cement workers who were told they could not form a company-wide union because their workplaces were “separate” entities have now had their application to register individual unions rejected by the Ministry of Labour, union leaders said yesterday. Sok Kin, vice president of the Building and Woodworkers ...

http://www.phnompenhpost.com/2013020161139/National/unionists-cry-foul-over-rejection.html

Villagers Hit as Pond Dries Up

Hundreds of residents in five villages in southern Cambodia have been deprived of their sole source of water as a massive pond in their area has dried up, villagers said. The affected villagers of Sre Ronnong commune in Takeo Province’s Tram Kork district have been buying ...

http://www.rfa.org/english/news/cambodia/water-02012013195339.html

Unpaid Factory Workers Ask US Embassy for Help

More than 100 workers from Kingsland Garment Cambodia factory, which was a supplier to U.S. retail giant Wal-Mart, demonstrated outside the U.S. Embassy in Phnom Penh yesterday, appealing for help in getting their severance payments. In December, workers found out the company had declared bankruptcy ...

http://www.cambodiadaily.com

NGO Says Clothing Giants Shirked Workers

A local legal aid NGO said yesterday that American retail giant Wal-Mart and Swedish clothing brand H&M have failed to take responsibility for a shuttered supplier factory in Phnom Penh that owes its workers up to $200,000 in unpaid severance payments. The Community Legal Education Center ...

http://www.cambodiadaily.com

Factory Wants $200,000 From Union Members After Strikes

Representatives of the Golden Gain Shoe factory yesterday demanded in court that six members of the Coalition of Cambodian Apparel Workers’ Democratic Union (CCAWDU) pay $200,000 in compensation for organizing a week of strikes at the factory. Factory management has accused the leader of the factory’s ...

http://www.cambodiadaily.com

Plans for 7-Eleven chain in Cambodia

Thailand’s biggest convenience store operator, CP All, plans to apply for licences to open 7-Eleven stores in countries including Cambodia by 2015, according to a Reuters news report yesterday. The other two countries are Myanmar and Laos, and the plan is part of CP All’s expansion ...

http://www.phnompenhpost.com/2013013161087/Business/plans-for-7-eleven-chain-in-cambodia.html

Sen Sok Condo’s second project starts

After the success of its first project, the Shangri-La Garden City, Sen Sok Condo Company is beginning its second project along Road 595, located two kilometres north of the 7 Makara Sky Bridge. Construction on the second project, called Maldives City, has begun, and the company ...

http://www.phnompenhpost.com/2013013061083/Real-Estate/sen-sok-condo-s-second-project-starts.html

Foreigners buying Phnom Penh condos

The number of foreigners who bought condos in Cambodia increased by between 30 and 40 per cent in 2012 compared with 2011, a recent study showed, while 997 condo units currently belong to foreigners. Nuon Rithy, general manager of the Bonna Realty Group, said that according ...

http://www.phnompenhpost.com/2013013061082/Real-Estate/foreigners-buying-phnom-penh-condos.html

Hun Sen promotes price lists for public institutions

Prime Minister Hun Sen has urged public institutions to provide clear terms of reference for the services they provide, as part of an effort to attract investment in the Kingdom. Institutions that did not implement this policy would be punished under the law, he said. ...

http://www.phnompenhpost.com/2013013061065/Business/hun-sen-promotes-price-lists-for-public-institutions.html

GMAC members double

The number of companies registering to become members of the Garment Manufacturing Association in Cambodia (GMAC) doubled last year, with more investment in value-added products. GMAC said the number of new members reached 120 last year, compared with 60 newcomers in 2011. “Labour-intensive industries in China ...

http://www.phnompenhpost.com/2013013061067/Business/gmac-members-double.html

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