ព័ត៌មាន
Naga Lottery to launch
A new lottery company, Naga Lottery owned by the same company that operates Phnom Penh’s NagaWorld, will launch its first product on June 8, an official press release said yesterday. The company was licensed by the Ministry of Economy and Finance in October last year said executive director ...
http://www.phnompenhpost.com/index.php/2012060756644/Business/naga-lottery-to-launch.html
Angkor Gold identifies northeast prospects
Angkor Gold Corp, a Toronto Stock Exchange-listed company, has announced the identification of five new prospects in Ratanakiri province, according to a company statement. the mining firm said it planned to consolidate its gold prospects in the northeastern corner of the country. ...
Farmers fear deal has strings
Forty Kampong Chhnang villagers embroiled in a long-running land dispute with KDC International, a company owned by the wife of a senior CPP official, farmed contested land without interference on Monday, prompting some to wonder if they were being coaxed to vote for the ruling ...
Phnom Penh Garment Factory Protest Resolved
More than 4,000 workers from two Phnom Penh garment factories belonging to a company that supplies international brands Gap, H&M and Levi Strauss returned to work yesterday after reaching an agreement with owners, union and factory representatives said yesterday. Eah Chip Eang, personnel manager for SL ...
SL garment strike resumes after pact disavowed
Employees hurled stones at one of two SL garment factories in Phnom Penh yesterday as they returned to picket lines after management refused to recognise that a document signed on Friday that had enticed them back to work was a formal agreement. Female worker Rith Sineourn, ...
Protesters Forgo Roadblock, Distribute Petitions
Villagers in Koh Kong province involved in a long-running land dispute with two sugar cane plantations linked to CPP Senator Ly Yong Phat handed out petitions to passing motorists along National Road 48 demanding their land back. It was a change of pace for the villagers, ...
SL factory owners deny agreement
Just as a solution to a two-week-long dispute at two SL Garment factories seemed over on Saturday, the company’s owner issued a statement refusing to recognise an agreement that had lured more than 5,000 employees back to work. ...
Cambodian Start-up Competes With India in Natural Hair Market
PHNOM PENH, Cambodia — For an Internet start-up, Arjuni faces more challenges than usual. The e-commerce site that sells hair extensions operates out of a five-story building here that lacks elevators and, sometimes, power. Employees typically have to travel to remote villages by motorbike or foot ...
http://dealbook.nytimes.com/2012/05/28/in-cambodia-a-start-up-uses-the-internet-to-sell-hair/
Natural sweetener coming
Stevia Nutra Corporation, a company focused on producing artificial sweetener from the plant stevia, has announced that it has incorporated Mighty Mekong Agro Industries Co Ltd, a Cambodian-based wholly owned subsidiary. ...
http://www.phnompenhpost.com/index.php/2012052856410/Business/natural-sweetener-coming.html
Municipal Court Sentences 13 Boeng Kak Protesters to Jail
The Phnom Penh Municipal Court yesterday charged and then immediately sentenced 13 women embroiled in a long-running land dispute with CPP Senator Lao Meng Khin’s private company to two-and-a-half years in jail. The women, which included Heng Mom and Tep Vanny, were among the leaders of ...
Honda strike set to roll on
More than 100 staffers protested outside a Honda NCX company in Por Sen Chey district’s Choam Chao commune yesterday because they say employees are being sacked for trying to unionise, among other grievances. Soeurn Sot, a technician at the company, said during the protest that if ...
http://www.phnompenhpost.com/index.php/2012052456362/National-news/honda-strike-set-to-roll-on.html
SECC sets minimum capital requirement
The Securities and Exchange Commission of Cambodia (SECC) has set a minimum capital requirement for securities firms A statement from the SECC, released yesterday, said that securities underwriters are required to hold a minimum of 40 billion riel of their shareholder’s equities It also requires securities firms to maintain ...
http://www.phnompenhpost.com/index.php/2012052456352/Business/secc-sets-min-capital-requirement.html
No deal in SL Garment factory face-off
A long day of negotiations failed to resolve a factory dispute yesterday at a company that supplies to major international brands Gap, Levi’s and H&M. After more than 1,500 workers from SL Garment Processing (Cambodia) factories in the capital’s Meanchey district marched to the Ministry of ...
http://www.phnompenhpost.com/index.php/2012052356325/National-news/no-deal-in-factory-face-off.html
Cambodian stock exchange begins trading
The formerly state-owned Phnom Penh Water Supply Authority, the only stock on offer, has floated 13 million shares or 15 per cent of the company. ...
Cambodia to Cooperate with Korean Prosecutors
Following a meeting in Seoul yesterday, Cambodian officials have reportedly decided to cooperate with South Korean prosecutors in the investigation of Busan Savings Bank Group, where shareholders are suspected of illegally financing $365 million worth of investments in Cambodia, according to Yonhap News. Busan’s ...
