Manulife enters Cambodia's burgeoning insurance market
Canadian insurance and financial services company Manulife Financial officially launched its Cambodian country office on June 28, one of several new players seeking to enter one of Southeast Asia’s still-untapped markets. Britain’s No.1 insurer Prudential said last week it had approval from the Cambodian government to open a wholly foreign-owned life insurance operation. Manulife, the world’s ...
Focusing on a good user experience
Companies and individuals need to do more than just create technology. They need to optimise the services and goods they provide, especially when introducing new concepts to developing markets such as Cambodia. That was the message from one presenter at last weekend’s T3CON12-ASIA conference in Phnom ...
Questions over China dams
Some questions remain about whether hydro dams on the upper Mekong River in China exacerbated conditions during Cambodia’s devastating drought of 2010, environmental groups say, as China’s dam program powers ahead. When the first power-generating unit was switched on last month at China’s giant 262-metre tall ...
http://www.phnompenhpost.com/index.php/2012102359350/National-news/questions-over-china-dams.html
The Credit Bureau Cambodia at the five-month mark
Almost five months after the launch of the Credit Bureau Cambodia (CBC), experts agree that it has given financial institutions valuable new access to information about creditworthiness of potential borrowers, improving efficiency and loan quality. At the same time, there are still a few rough ...
China is promoting the yuan for settling trade deals with the Kingdom
Due to the expansion of economic and business activities between Cambodia and China, since early August the Bank of China has been negotiation with National Bank of Cambodia (NBC) on the promotion of business transactions in Chinese yuan. It is part of a larger but quiet ...
Sugar company axes child labour
Rulling party Senator Ly Yong Phat’s Phnom Penh Sugar Company announced yesterday that it had amended its hiring policy to forbid contractors from employing children, while at the same time, opposition parliamentarian Mu Sochua made public her plans to visit the company to investigate its ...
http://www.phnompenhpost.com/2013011560790/National/sugar-company-axes-child-labour.html
Worldβs Second Tallest Building for Phnom Penh?
A 555-metre tower planned for Diamond Island is to go ahead, and expert engineers from China and Vietnam are studying the river bank and calculating the strength of the foundations needed to support the building. The building plan will not be changed and now the company ...
Families Left Worse off After Railway Project
Phnom Penh families being pushed to the city’s outskirts to make way for a $142.6 million railway renovation project funded by Australia and the Asian Development Bank (ADB) are falling into debt and finding it harder to earn money and access healthcare according to a ...
Telecom CEOs Say Debts to Mfone Are Far Less
Executives at some of the telecommunication firms indebted to bankrupt mobile operator Mfone said Thursday they owe much less than claimed by the company, and will negotiate with Mfone’s administrator to find a resolution before a complaint is filed in court. “We do owe Mfone money, ...
http://www.cambodiadaily.com/business/telecom-ceos-say-debts-to-mfone-are-far-less-34630/
Reports on Cambodian Election Irregularities Submitted
The Cambodian National Election Committee (NEC) on Wednesday received more than 10 reports documenting irregularities in last month’s national elections. International and local rights groups and observers have called for further investigation into the allegations of irregularities, which presents a potential roadblock to the formation of ...
http://www.voanews.com/content/reports-on-cambodian-election-irregularities-submitted/1725538.html
Trade Deal Threat Still On Table
The European union’s executive arm has responded to its parliamentarians’ concerns over rights abuses stemming from Cambodia’s economic land concessions, maintaining that, should the need arise, it “will be ready” to withdraw from its preferential trade agreements with the Kingdom. In a joint letter to concerned ...
http://www.phnompenhpost.com/2013052065716/National/trade-deal-threat-still-on-table.html
7 Cambodian Workers Arrested at Nike Contractor
Cambodian police clashed Monday with workers at a factory that makes clothing for the U.S. sportswear company Nike, arresting seven, in the latest violence linked to a strike over salaries, union organizers and rights activists said. The protest at the Taiwanese-owned Sabrina (Cambodia) Garment Manufacturing plant ...
Cambodia PM says garment firms may quit over wage rows
Cambodia’s strongman Prime Minister Hun Sen on Wednesday warned garment workers that protests demanding higher wages could push manufacturers to quit the country. His appeal came after unions last week said hundreds of workers had been fired from a factory making sportswear for US giant Nike ...
Hun Sen Mocks Opposition Request for Donors to Freeze Aid
Prime Minister Hun Sen on Saturday rebuked the opposition for urging foreign donors to refrain from signing any new agreements with the government until after the election and boasted of a new $26 million handed over last week by the European Union (E.U.) E.U. Ambassador ...
http://www.cambodiadaily.com/news/hun-sen-mocks-opposition-request-for-donors-to-freeze-aid-31547/
Rights Groups Rebuke Petitions Endorsing CPP Election Win
Rights groups on Wednesday called on authorities to stop circulating petitions asking people to support preliminary results from last month’s national election showing a win for the ruling CPP and promising not to join any demonstration called by the opposition. With both the CPP and opposition ...
The Cambodia Daily
http://www.cambodiadaily.com/elections/rights-groups-rebuke-petitions-endorsing-cpp-election-win-40506/
Cambodian opposition sues election body
Cambodia’s opposition said on Thursday that it had filed a lawsuit against the kingdom’s poll authorities over strongman Prime Minister Hun Sen’s disputed election win. The Cambodia National Rescue Party (CNRP) accused three top National Election Committee officials and their accomplices of faking voter names on ...
Pakistan Daily Times News Staff
http://www.dailytimes.com.pk/default.asp?page=2013%5C09%5C13%5Cstory_13-9-2013_pg4_3
Shuttered schools, factories
With only about 10 per cent of its 1,000-person workforce at their stations by 8am yesterday, management at Hoyear (Cambodia) Garment Ltd cut its losses and announced that the factory would close for the next two days. Thousands across the capital opted out of work ...
Sean Teehan, Laignee Barron and Mom Kunthear
http://www.phnompenhpost.com/national/shuttered-schools-factories
(English) Cambodia Police, Garment Workers Clash Amid Strike
Sorry, this entry is only available in α’ααααααα (α.α.α’). ...
Sun Narin and Chun Han Wong
http://online.wsj.com/news/articles/SB10001424052702303799404579283802423278442
Ministry: Sam Rainsy to be held responsible if protest leads to violence
Cambodia’s Interior Minister Sar Kheng warned the opposition party leader and his supporters that they will be held responsible if their planned mass demonstration against election results leads to violence and destruction of public and private properties. “A peaceful protest against any issues is the freedom ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NjlmMDFlMzhlMjA
Still No Agreement Over Opposition Marches
A meeting between representatives of the CNRP and Phnom Penh City Hall officials Monday failed to produce an agreement over the opposition party’s plans to march throughout the city during its three consecutive days of demonstrations starting Wednesday. City Hall officials last week decreed that the ...
Mech Dara and Alex Willemyn
http://www.cambodiadaily.com/news/still-no-agreement-over-opposition-marches-45629/