News

Cambodian telecom firm cooperates with China's Huawei to build 4G network in Cambodia

Cambodian telecommunications company EMAXX signed a contract with China’s Huawei, a global ICT solutions provider, on Wednesday in order to develop EMAXX’s 4G network in Cambodia. The contract was inked between Ai Min, chief executive officer of EMAXX, and Weng Kefeng, deputy general manager of Huawei ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-09/17/c_133650709.htm

NA asks Labor Ministry to provide Korean-language test for free to workers

The National Assembly asked Labor Minister Ith Sam Heng to provide Korean-language test paper for free to or sell in the lowest price for workers as the current test paper costs USD 24. ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=OGE2NzA0MmI5OTg

US activists disappointed with opposition in Cambodia

Cambodian human rights and democracy activists in the US have split opinions on the deal cut between the ruling party and the opposition in July, ending a political deadlock that had lasted since the July 2013 elections. ...

Pin Sisovann
http://www.voacambodia.com/content/us-activists-disapponted-with-opposition-in-cambodia/2452967.html

Workers start wage battle a day early

About 1,000 workers from a Phnom Penh footwear factory got an early start on Tuesday on a cross-union campaign for a $177 minimum wage, set to start today, protesting in front of their factory over internal workplace grievances. ...

Mech Dara
http://www.cambodiadaily.com/news/workers-start-wage-battle-a-day-early-68119/

EU gives $3.9 million to attract investment

The European Union will spend €3 million ($3.9 million) on a program to encourage small and medium enterprises to invest in Cambodia. Speaking at a conference yesterday in Phnom Penh, EU Ambassador to Cambodia Jean-Francois Cautain said the five-year grant – to be managed by EuroCham ...

http://phnompenhpost.com/business/eu-gives-39-million-attract-investment
http://Daniel de Carteret

Koh Kong villagers seek PM’s help in capital

Villagers from Koh Kong province have descended on the capital, ready to petition Prime Minister Hun Sen and the government today to intervene in their long-running land dispute with prominent businessman Heng Huy. Phav Nhoeung, a representative of 15 families in Sre Ambel district’s Chi Khor ...

Chhay Channyda
http://phnompenhpost.com/national/koh-kong-villagers-seek-pm%E2%80%99s-help-capital

New community-based drug program to launch

Municipal officials on Tuesday announced a new initiative to help rehabilitate Phnom Penh’s drug addicts by offering discreet treatment services at local health centers. The initiative will encourage commune-level officials to visit known drug addicts in their community and tell them about the treatment options available at ...

Khy Sovuthy and George Wright
http://www.cambodiadaily.com/news/new-community-based-drug-program-to-launch-68130/

Interior minister pledges merit-based ministry

Interior Minister Sar Kheng told an audience of university graduates on Tuesday that recent efforts to clean up the education system would extend to his ministry to combat claims that the civil service is plagued by nepotism. ...

Khuon Narim
http://www.cambodiadaily.com/news/interior-minister-pledges-merit-based-ministry-68123/

LOLC Group acquires 60 pct stake in Cambodian Microfinance Company for USD 20.3 Mn

Sri Lanka’s Lanka Orix Leasing Company acquired a 60 percent stake in Thaneakea Phum Cambodia (TPC) a microfinance company in Cambodia, for 20.3 million US dollars, identifying the immense potential in emerging economies of the South East Asian region the company said in a media ...

Lanka Business Online News Staff
http://www.lankabusinessonline.com/news/lolc-group-acquires-60-pct-stake-in-cambodian-microfinance-company-for-usd-20.3-mn/1806143502

Cambodian PM's visit to Nanning a success: senior official

Cambodian Prime Minister Hun Sen’s just-concluded visit to China’s Nanning city for the 11th ASEAN-China Expo is a “success”, contributing to further enhancing Cambodia’s ties with China and ASEAN, a senior official said Tuesday. ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-09/16/c_133647747.htm

Cambodian officials pledge to further promote cultural, people-to-people ties with China

Senior Cambodian officials on Tuesday vowed to further enhance cultural and people-to-people relations between Cambodia and China for the benefits of the two countries and peoples. “Cambodia supports all activities to broaden cultural ties with China,” Cambodian Minister of Culture and Fine Arts Phoeurng Sackona said ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-09/16/c_133647345.htm

Cambodia says China-proposed "maritime silk road" to benefit ASEAN

The China-proposed “21st Century Maritime Silk Road” will benefit the Southeast Asian nations in term of economy, a senior Cambodian official said Tuesday. ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-09/16/c_133647940.htm

China-invested airlines to launch flights in Cambodia

A China-invested Apsara International Air is going to launch flights in Cambodia later this month after it has received an air operator certificate from the Cambodia’s Civil Aviation, the company’s chief executive officer Zhang Xiaopeng said Monday. ...

Ecns.cn News Staff
http://www.ecns.cn/business/2014/09-16/134669.shtml

CSX moves from Canadia Tower to new building

The Cambodia Securities Exchange (CSX) last week made its long awaited move from the 25th floor of Phnom Penh’s Canadia Tower to its new home in a $4-million French colonial-era building on Street 106. The CSX officially moved into the two-story building on September 8, according ...

George Styllis and Kang Sothear
http://www.cambodiadaily.com/business/csx-moves-from-canadia-tower-to-new-building-68091/

Phnong rally in Mondulkiri

About 200 ethnic Phnong villagers gathered in Mondulkiri province’s Bousraa commune yesterday to protest against several companies that hold economic land concessions in the area, which they say are destroying their traditional livelihoods. The villagers from Pech Chreada district accused the Kau Su Dak Lak Company ...

Chhay Channyda
http://phnompenhpost.com/national/phnong-rally-mondulkiri

World Bank prepares to lift freeze on lending to Cambodia

The World Bank is contemplating a $25-million project to build up 15 social land concessions (SLCs) across Cambodia and could approve the scheme as soon as December, according to a proposal posted to the Bank’s website late last month, a move that would end its ...

Zsombor Peter
http://www.cambodiadaily.com/news/world-bank-prepares-to-lift-freeze-on-lending-to-cambodia-68083/

‘Settle land dispute or else’

The head of the National Assembly’s top human rights commission has warned Banteay Meanchey’s provincial governor to settle a land dispute involving 230 disabled soldiers’ families from the province’s Malai district, saying he will be sacked if the matter is not settled within three months. After ...

Pech Sotheary
http://phnompenhpost.com/national/%E2%80%98settle-land-dispute-or-else%E2%80%99

OCIC razes last shacks, families move on

The last of 16 shacks that once clung to the edge of a mammoth development project in Phnom Penh’s Chroy Changva district were demolished by the Overseas Cambodia Investment Corporation (OCIC) on Monday. Seven families in Doeum Kor 2 village—where marshlands are quickly being pumped full ...

Sek Odom
http://www.cambodiadaily.com/news/ocic-razes-last-shacks-families-move-on-68073/

Thousands of workers go on strike in Prey Veng

Some 3,000 workers protested in front of a garment factory in Prey Veng province Monday, calling for larger bonuses and better working conditions, according to unionists and factory representatives. Employees of the Chinese-owned Komchay Mear Trading factory, which produces clothing for U.S. brand Gap, have been ...

Ben Sokhean
http://www.cambodiadaily.com/news/thousands-of-workers-go-on-strike-in-prey-veng-68069/

Audi opens dealership in capital

Automotive Asia (Cambodia), the only authorised dealer of Audi vehicles in Cambodia, opened its first showroom in Phnom Penh yesterday. The 2,000-square-metre showroom on Monivong Boulevard currently holds just two of the German carmaker’s models, the Q7 and the A8L, with prices ranging between $135,000 and ...

Hor Kimsay
http://phnompenhpost.com/business/audi-opens-dealership-capital

Six Cambodian women to be returned from China

Six Cambodian women trafficked to China to become brides and seven Cambodian victims of labor exploitation in Saudi Arabia will be repatriated by the end of the month, the Ministry of Foreign Affairs announced Monday. ...

Kuch Naren
http://www.cambodiadaily.com/news/six-cambodian-women-to-be-returned-from-china-68087/

Cambodia plans to allow locals in national casinos

The government of Cambodia is considering to allow local citizens to gamble in casinos. Currently, only foreigners are allowed to gamble in the country’s local casinos. According to an official from Cambodia’s Ministry of Economy and Finance, the government is considering to lift the restrictions on local residents, since ...

Jason Glatzer
http://www.pokernews.com/news/2014/09/cambodia-to-allow-locals-in-casinos-19284.htm

Asia-Pacific officials discuss climate change in Cambodia

More than 100 officials from some 20 economies in Asia and the Pacific are meeting with donor institution representatives in Cambodia’s Siem Reap province in a bid to strengthen public financial management systems for climate change adaptation projects, said a news statement on Monday. ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/140915/asia-pacific-officials-discuss-climate-change-cambodia

NagaCorp commissions independent report on AML risk

NagaCorp Ltd, the operator of the NagaWorld casino resort (pictured) in Phnom Penh, Cambodia, says it has commissioned “an independent professional party to review the internal controls of the company and its subsidiarieswith a focus on anti-money laundering”. The firm gives the information in its interim ...

GGRAsia News Staff
http://www.ggrasia.com/nagacorp-commissions-independent-report-on-aml-risk/

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