News

Norwegian firm sues Mfone over $3.7m debt

A lawyer for Norwegian-owned power and electronics equipment firm Eltek Valere yesterday called on investors not to buy stakes in the Thai-owned mobile phone operator Mfone, and to await court’s ruling. The lawyer’s appeal came after the Phnom Penh Municipal Court issued a warrant for keeping ...

http://www.phnompenhpost.com/index.php/2012103059457/Business/norwegian-firm-sues-mfone-over-37m-debt.html

Phnom Penh Clerk Charged With Taking $250K

The Phnom Penh Municipal Court yesterday charged one of its own clerks [Kruoch Borath] with breach of trust for taking $250,000 dollars that was paid to the clerk to facilitate a speedy trial without “problems,” officials said. [Another clerk for Judge Lim Meng] Mr. Khen ...

Civil servants' union dilemma

The American Center for International Labor Solidarity has set its sights on the Herculean task of unionizing Cambodia’s civil service, a move that, were it successful, could have profound implications for the country’s political landscape. The term civil service in Cambodia has unusually broad application, referring to bureaucrats, ...

http://www.phnompenhpost.com/index.php/2012103059469/National-news/civil-servants-union-dilemma.html

CAMBODIA: H&M hits back at low wage claims

Swedish fashion retailer H&M has hit back at accusations that it fails to pay adequate wages to workers in Cambodian factories making its clothes – and says instead that the situation would be a lot worse if it didn’t source from the country ...

http://www.just-style.com/news/hm-hits-back-at-low-wage-claims_id115952.aspx

Milled rice boost: Cambodia gets US$1 million grant for milled rice exports

Cambodia has received a US$1 million grant in order to develop its milled rice industry and strengthen the country’s exporting capacity, according to the Cambodian Ministry of Commerce. It is part of a larger, US$3-4 million grant from the Enhanced Integrated Framework (EIF), a partnership ...

http://www.etmcambodia.com/viewarticles.php?articlesid=246

ACLEDA Bank Plc. Extends Mobile Financial Services to New Segments with Mobiliti Reach from Fiserv

A leading global provider of financial services technology solutions, today announced that ACLEDA Bank Plc. (ACLEDA), the largest bank in Cambodia, has extended its ACLEDA Unity mobile banking and payments service to new, untapped consumer segments using Mobiliti Reach™ from Fiserv. The bank, which has ...

http://www.dailyfinance.com/2012/10/28/acleda-bank-plc-extends-mobile-financial-services-/

Laos makes moves on building Mekong dams

Even as its controversial Xayaburi Dam project is still drawing protest from Mekong river downstream countries such as Cambodia, Laos has inked a deal with South Korean firms to build and operate another large hydropower plant on the Mekong River network. According to the Phnom Penh ...

http://www.etmcambodia.com/viewarticles.php?articlesid=240

Communities want to ban gillnet use to protect dolphins

Fishermen representing five Cambodian communities will publicly express their support for a ban on gillnet use in a ceremony highlighting the importance of the Mekong River Irrawaddy dolphin. The event organised by the Commission for Dolphin Conservation and Development of the Mekong River Dolphin Eco-tourism Zone, ...

http://www.fis.com/fis/worldnews/worldnews.asp?l=e&country=0&special=&monthyear=&day=&id=56438&ndb=1&df=0

Firm to Offer Financing for Motorcycles

Thailand’s GL Finance Plc. launched its business in Cambodia on Friday by opening eight branches in Phnom Penh and Kandal province that will operate hire purchase operations out of Honda motorcycle dealership. Speaking during the opening ceremony for its branch in Phnom Penh’s Prampi Makara district, ...

'Gender Cafe' Offers Women a Place to Express Themselves

Busy juggling jobs, children, and housework, Cambodian women do not have the time, or platforms, to discuss bigger women-related issues like abuse, migration and forced eviction. And that is why a new initiative, called “Gender Cafe,” aims to change that by giving local women a ...

Hun Sen announces new airport

Prime Minister Hun Sen requisitioned 768 hectares of land on Saturday that will be used to build an international airport in Kampong Chhnang after 2025. During presiding over a land title distribution ceremony in Kampong Chhnang province, the prime minister announced the expansion of the airport. ...

http://www.phnompenhpost.com/index.php/2012102959448/Business/hun-sen-announces-new-airport.html

Maid may be stuck in Malaysia

The mother of a domestic maid allegedly stranded in Malaysia has become the latest Cambodian claimant to file an official complaint to the Ministry of Interior over labor abuse in the country. Em Sokhum said her 24-year-old daughter Chher Sophorn left to pursue work in Malaysia more than ...

http://www.phnompenhpost.com/index.php/2012102959449/National-news/domestic-helper-may-be-stuck-in-malaysia.html

Pol Pot-Era Airbase Earmarked as Future Tourist Gateway

Prime Minister Hun Sen said Saturday that in order to manage future tourist numbers, the government will construct a new international airport on the site of the Kampong Chhnang airbase, which was built by slave labor during the Khmer Rouge regime. Mr. Hun Sen said that ...

Hun Sen Slams Use of Wife's, Red Cross' Name to Grab Land

Prime Minister Hun Sen on Saturday accused unnamed individuals of attempting to grab land in Kompong Thom province by invoking his wife’s name and ordered one of his sons to investigate and give back any misappropriated land. According to Mr. Hun Sen, unscrupulous individuals were ...

US Donates IT Equipment To Ministry of Defense

The U.S. Embassy donated more than 300 laptops and other assorted equipment valued at over $250,000 to the Ministry of Defense on Saturday, according to an embassy statement. The equipment will go to the Royal Cambodian Armed Forces’ priority units, which already receive training from the ...

Land deals? Leave the Red Cross out of it: PM

Prime Minister Hun Sen publicly castigated the Kampong Thom provincial governor in a speech on Saturday for allegedly claiming a large portion of land and saying it was needed for the local office of the Cambodian Red Cross, an agency lead by Hun Sen’s wife, Bun ...

http://www.phnompenhpost.com/index.php/2012102959451/National-news/land-deals-leave-the-red-cross-out-of-it.html

Court Issues Injunction Over Mfone Debt

The Norwegian energy firm Eltek Valere won an injunction from the Phnom Penh Municipal Court earlier this month against the Thai-owned mobile operator Mfone after it filed a complaint claiming that Mfone had failed to pay $3.73 million in service charges, court documents obtained Friday ...

http://www.cambodiadaily.com/business/court-issues-injunction-over-mfone-debt-4878/

Disasters present big risks for small GDPs

Cambodia’s small economy leaves it especially vulnerable to devastation in the face of large-scale natural disasters, United Nations agencies and Cambodian officials warned last week. “The relative size of an economy adds to the vulnerability as seen particularly in the case of the Lao Peoples’ Democratic ...

By Khouth Sophak Chakrya, P. 4
http://www.phnompenhpost.com/index.php/2012102959444/National-news/disasters-present-big-risks-for-small-gdps.html

H&M slammed over wages

Criticism has mounted against Swedish multinational clothing company H&M in its home country following a documentary released last week that sheds light on wages in its source factories in Cambodia. The episode of Swedish network TV4’s Kalla Fakta, or Cold Facts, focuses mainly on Cambodian garment ...

http://www.phnompenhpost.com/index.php/2012102959442/National-news/ham-slammed-over-wages.html

PM pledges pay boost

The government on Friday pledged a 20 per cent increase to the base salary of civil servants year-on-year in a move one government official insisted was based on economics, not politics. The announcement was made in a statement released over the weekend outlining government spending for ...

http://www.phnompenhpost.com/index.php/2012102959455/National-news/government-pledges-pay-boost.html

Cooperatives Key to Help Farmers, Combat Hunger

The key to lifting people out of poverty could be found in the setting up of farming cooperatives, the country director of the World Food Program said on Friday, which was also World Food Day. Jean-Pierre de Margerie, country director of the World Food Program, said ...

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