News

Gem event promises to sparkle

Officials are predicting an increase in visitors and a glitzy showcase when the 5th Cambodia Gems and Jewelry Fair opens this Thursday in Phnom Penh. Set in the Diamond Island Convention and Exhibition Centre, the four-day event is drawing buyers and traders to Phnom Penh amid ...

http://www.phnompenhpost.com/2013061066161/Business/gem-event-promises-to-sparkle.html

EU Won’t Investigate Land Concessions—for Now

The trade commissioner and foreign affairs representative of the European Union (E.U.) have turned down a request from 13 members of the European Parlia­ment that they immediately investigate Cambodia’s much criticized economic land concessions, but said they were monitoring the issue closely. In a March letter ...

http://www.cambodiadaily.com/news/eu-wont-investigate-land-concessions-for-now-25194/

The canes of wrath

Satiating the demands of the global sugar industry is big business for Cambodia’s sugarcane plantations. Yet accusations of human rights abuses and land grabs in the Kingdom have left a bitter aftertaste for many on the ground as companies vie for a larger slice of ...

http://sea-globe.com/sugar-cambodia/

Tate & Lyle Defends Sugar Plantation Deal In Koh Kong

A U.K. firm being sued by 200 Cambodian farmers over the loss of their land to two sugar plantations has defended its business dealings, claiming that the affected families were dealt with legally and were properly compensated for the loss of their properties. Local farmers ...

http://www.cambodiadaily.com/news/18834-18834/

Detained Russian's Company Under Investigation for Fraud

The company of Russian businessman Sergei Polonsky, who is currently being detained by Cambodian authorities after a maritime incident off the coast of Preah Sihanouk province last week, is being investigated by the Russian Interior Ministry for fraud, according to a statement on the ministry’s ...

http://www.cambodiadaily.com/news/detained-russians-company-under-investigation-for-fraud-7333/

U.K.’s Prudential Set to Gain Cambodia License in First Quarter

Prudential Plc, the U.K.’s biggest insurer by market value, plans to begin selling insurance in Cambodia in the first quarter of next year to extend its presence in Asia across 13 markets. The firm is hiring sales agents and expects to gain a license to operate ...

http://www.arkansasonline.com/news/2012/nov/22/uks-prudential-set-gain-cambodia-license-first-qua/?f=latest

Activists Stage Flash “Faint-Ins” at H&M, Gap to Protest Sweatshop Conditions

Dozens of human-rights activists are staging flash “faint-ins” at high-street retailers across Europe to illustrate the high incidence of mass fainting in Cambodia’s apparel factories. Protestors from the Clean Clothes Campaign, an alliance of organizations in 15 European countries dedicated to improving working conditions in ...

http://www.ecouterre.com/activists-stage-flash-faint-ins-at-hm-gap-to-protest-sweatshop-conditions/

Mobile phones could replace credit cards

Mobile money transfer service WING is preparing to launch a mobile wallet service later this year, and ACLEDA Unity is preparing to expand its own mobile services, enabling people to quickly pay for things just by touching their phone to a point-of-sale terminal. Near-field communications (NFC) ...

http://www.phnompenhpost.com/index.php/2012071257365/Business/mobile-phones-could-replace-credit-cards.html

Athletes Keang Samom represents Cambodia at London Olympic

Keang Samorn will represent Cambodia in the Olympic Games marathon in London in July, Pen Vuthy, secretary general of The Cambodian Athletic Confederation said. ...

http://thesoutheastasiaweekly.com/

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