Troubles for Tonlesap Air
- 17 June 2013
- The Phnom Penh Post
- Economy and commerce
- Airlines / Airports / bankruptcy / Chinese aid / civil aviation / Flights / Hong Kong / international airports / payments / Phnom Penh / Phnom Penh International Airport / Siem Reap / Siem Reap Province / State Secretariat of Civil Aviation / Taiwan / Taiwan Taoyuan International Airport / Taoyuan Airport / Tonlesap Airlines
About two months after Phnom Penh-based Tonlesap Airlines suspended its chartered flights, the local carrier’s future seems as cloudy as ever. Vann Chanty, the director of air transport with Cambodia’s State Secretariat of Civil Aviation, said yesterday that the airline had not resumed operations and that ...
Corruption worse than in Bangladesh: NGO
- 12 June 2013
- The Phnom Penh Post
- Economy and commerce / Exports / Safety and health at work / Trade
- ACILS / American Center for International Labor Solidarity / Bangladesh / Better Factories Cambodia / BFC / Bribery / collapse / construction / Corruption / Dave Welsh / Factories / factory ceiling collapse / Factory collapse / Footwear / Garment factories / garment sector / garment workers / garments / health and safety / illegal construction / International Labour Organization / International Labour Organization technical specialist / International NGOs / Jason Judd / labor / Leng Tong / Ministry of Labour / Ministry of Labour’s occupational health and safety department director / NGOs / nongovernmental organizations / Pakistan / payments / Rana Plaza / Rana Plaza factory / Shoe factory / shoes / TI / Transparency International / Wing Star factory / Wing Star Shoes Co Ltd / Wing Star Shoes factory / workers / working conditions
In a country where corruption is as rife as it is in Cambodia, global brands must work with governments to ensure garment factories are safe and working conditions legal, international NGO Transparency International (TI) said yesterday. In Cambodia, where two workers were killed when a ceiling ...
Banks Look to Offer Services Using Renminbi
- 25 July 2012
- The Cambodia Daily
- Banking and financial services / Economy and commerce
- ANZ Royal Bank / Banks / Businesses / Cambodia / China's currency / Chinese aid / Chinese companies / Chinese investment / Companies / conversion fees / Grant Knuckey / launches / local banks / local firms / payments / renminbi / Trade / transactions
Banks here are trying to take advantage of a growth in Chinese investment by launching services that will allow payments from local banks to be made in China’s currency, the renminbi. Grant Knuckey, CEO of ANZ Royal Bank, said that because of a growing number of ...
3,000 Factory Workers Block Road; Protests Set to Continue
- 5 July 2012
- The Cambodia Daily
- Clothes / Garments and textiles / Industries / Manufacturing
- Ang Snuol district / benefits / blocked traffic / Clothes / Demands / factory / Factory officials / housing fees / Kandal Province / Levi Strauss / National Road 4 / Old Navy / payments / Police / Protest / protesters / Severance pay / severance payments / Tai Nan / Tai Yang Enterprises / Traffic / Transportation / U.S. brands / workers
About 3,000 workers at a factory supplying clothes to U.S. brands Levi Strauss and Old Navy blocked traffic for nearly five hours yesterday on National Road 4 in Kandal province, as part of a protest for more benefits and severance pay, protesters and police said. Protests ...
High interest rates on loans remain a big hurdle for Cambodian farmers
- 25 June 2012
- Economics Today
- Agricultural production / Agriculture and fishing / Banking and financial services / Economy and commerce
- borrow / Chey Thorn commune / crops / Economics Today / Farmers / Financial institutions / homes / Kandal Province / land / loan / MFI / Microfinance institutions / Money / payments / Plant
Sitting in front of her small house in the Chey Thorn commune of Kandal province, 35-year-old Sokhun’s face is etched with worry. She would like to plant crops on her four hectares of land, but she only has enough money to cultivate two of them. She could go to a microfinance finance institution ...
Pay Off Officials, Risk Prison Stint, New Law Says
- 10 August 2011
- The Cambodia Daily
- Anti-corruption / Economy and commerce / Government / Law and judiciary
- ACU / American Chamber of Commerce / Anit-Corruption Law / Anti-Corruption / anti-corruption legislation / Anti-Corruption Unit / Anti-Graft Law / Anti-Graft Laws / ANZ / ANZ Bank / ANZ Royal Bank / Australia's Attorney General's Department / Australian aid / Bribery / Bribery Act / Bribes / British Business Association / British Business Association of Cambodia / business / Business Associations / Business Owners / business representatives / Cambodia / Cambodia Defenders Project / Cambodia's Anti-Corruption Law / CEO of ANZ Royal Bank / CEO of Sterling Project Management / Chamber of Commerce / corporate filings / Corruption / Counicl of Ministers / court / criminal offense / cunstoms / customs clearance rates / customs officials / donor / donor agencies / facilitation fee / facilitation fees / FedEx / Fees / Firms / Foreign Corrupt Practices Act / foreign officials / Gary Sterling / Gary Sterling CEO of Sterling Project Management / Government / government experts / government official / Government officials / illegal payments / Im Oudom / informal transactions / International Business Chamber / investor / Investors / jail / kickbacks / King Norodom Sihamoni / Kirth Chantharith / Kirth Chantharith spokesman for the National Police Commissariat / law / lawyers / legal articles on corruption / legal expert / legal experts / Legislation / National Police Commissariat / new law / New Legislation / officials / payment / payments / Penal Code / Police / police officials / private firms / public official / public officials / Sean McIntosh / Sean McIntosh US Embassy spokesman / Secretariat of the Council of Jurists / Sok Sam Oeun / Sok Sam Oeun executive director of Cambodia Defenders Project / Stephen Higgins / Stephen Higgins CEO of ANZ Royal Bank / Sterling Project Management / The Australian Business Association / The Australian Business Association of Cambodia / undocumented fees / undocumented payments / US Embassy / US Embassy spokesman Sean McIntosh
The government has brought into force a new law that makes all illegal payments to officials punishable by up to 15 years in jail for those who accept such payments and up to 10 years for those who make payments. Im Oudom, a member of ...