News

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

Special tax exemption on goods grown in Cambodia

The Government has agreed to grant tax exemption for farm goods grown in Cambodia by Vietnamese enterprises and individuals and imported for processing Statistics show that in southern Tay Ninh Province alone 120 individuals from the districts of Chau Thanh, Tan Bien, Trang Bang and Tan ...

http://vietnamnews.vnagency.com.vn/Economy/229443/special-tax-exemption-on-goods-grown-in-cambodia.html

Cambodia steps up Internet surveillance

As Burma loosens its grip on the media, Cambodia has begun to rank high among the countries repressing internet and telephone freedom in the name of national security, safety and social order. It is still not comparable to China or Vietnam, but Cambodia is moving ...

http://asiancorrespondent.com/88383/cambodia-internet-circular-surveillance-radio/

Villagers File Complaint Over Tobacco Factory Fumes

More than 100 families living near a tobacco factory in Kandal province’s Takhmao commune have filed a complaint with the provincial hall to ask authorities to take action against a tobacco factory whose kiln is spewing out toxic fumes, officials said yesterday. Owned by British American ...

Country Is Prepared for Heavy Rains, Disaster Committee Says

To make sure Cambodia is ready for potential devastating floods, government officials have created an emergency preparedness plan that includes storing 16,000 tons of milled rice and putting 3,500 armed forces on reserve. [Nhim Vanda, first vice president in charge of the National Committee for Disaster Management ...

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

Firms Need to Improve Accounting Standards

Cambodia’s businesses need to dramatically improve their accounting standards if they are to attract interest from investors abroad and reach the standards necessary to list on the recently launched stock market, experts and government officials said yesterday. Speaking at the National Conference on Accountancy in Phnom ...

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

Diplomats Continue Writing Letters of Complaint Over Asean

Nearly two months after the 45th Asean Foreign Ministers Meeting concluded with ministers failing to issue a joint communique for the first time in the block’s history, Cambodia remains on the defensive, this week disseminating yet another agressive letter to the editor of a regional newspaper. In a ...

Farmers Concerned That Draft Law Will Legalize Land Grabs

About 60 farmers met yesterday in Phnom Penh to rise their concerns about the law on the management of farmland that is currently being drafted by the Ministry of Agriculture, which critics say will legalize land grabbing. The latest public version of the draft law grants power ...

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

Police Officer Charged Over Bavet shooting

The Svay Rieng Provincial Court has charged a local police official with causing “unintentional injuries” during a shooting in February that left three garment factory workers injured in Bavet City, court officials said yesterday. Former Bavet City Governor Chhouk Bundith was charged with the same crime ...

Wealthy Splurge on 'Lucky' License Plates, Phone Numbers

Duong Tech, the owner of an import-export company, spent $150,000 on his chrome-rimmed Cadillac Escalade SUV. Then he shelled out an additional $10,000 at the Phnom Penh municipal transportation department for a license plate ending with the numbers “9999.” In Phnom Penh, custom-numbered license plates ...

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

Eviction Notices Served to 69 Russei Keo Families

Sixty-nine families in Phnom Penh’s Russei Keo district have been ordered by the government to move from a 4,000-meter-square plot of land claimed by a local businessman, according to district authorities. The disputed area is part of a 9-hectare plot of land in Svay Pak commune owned by ...

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

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