News

Telecom cable to run from coast to Kampong Cham

State-owned Telecom Cambodia yesterday inaugurated its Greater Mekong Telecom Backbone Network Project, which includes the installation of a 467-kilometre fibre-optic cable connection between Sihanoukville and Kampong Cham, the Telecommunication Regulator of Cambodia said in a news release. ...

Hor Kimsay
http://www.phnompenhpost.com/business/telecom-cable-run-coast-kampong-cham

Telecom backbone now extends over 26,000km

Three telecom operators provide a total of more than 26,000 kilometres of backbone fixed-line infrastructure as of June, the Ministry of Posts and Telecommunications announced yesterday in a report posted on its Facebook page.   ...

Post Staff
http://www.phnompenhpost.com/business/telecom-backbone-now-extends-over-26000km

Telecom staff in graft inquiry

The Ministry of Post and Telecommunications has appointed a six-man team to investigate corruption allegations involving two Telecom Cambodia employees and some $230,000 missing from the state-owned company’s accounts. ...

Taing Vida
http://www.phnompenhpost.com/national/telecom-staff-graft-inquiry

ACU accuses three state bodies of malpractice

After being monitored by the Anti-Corruption Unit (ACU) for an unspecified length of time, three state-run bodies have been accused of not following legal requirements in the awarding of contracts, and have been told to fall into line or face punitive action. ...

Sek Odom
https://www.cambodiadaily.com/news/acu-accuses-three-state-bodies-of-malpractice-94339/

Telecom firm takes action over embezzlement

Telecom Cambodia has suspended a manager accused of stealing $230,000 and is preparing a legal complaint against him and a former senior employee in the firm’s finance office who supposedly received the missing money, a company official said. ...

Sek Odom
https://www.cambodiadaily.com/news/telecom-firm-takes-action-over-embezzlement-93684/

Telecom Cambodia workers protest over missing money

Dozens of employees of Telecom Cambodia protested outside the state-owned company’s head office in Phnom Penh on Monday over allegations that a manager pocketed $230,000 in payments from a private firm. ...

Sek Odom
https://www.cambodiadaily.com/news/telecom-cambodia-workers-protest-over-missing-money-93606/

Cambodia’s bourse sees record low volume

In the frenzied run-up to the national election Sunday, Phnom Penh has been the site of concerts, rallies and streets packed with campaigners. But the energy hasn’t spread to the halls of the Cambodia Securities Exchange. At the close of trading Tuesday, five business days had ...

May Kunmakara
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-bourse-sees-record-low-volume

Trading Floor Silent Two Years After CSX Launch

It is almost two years to the day since Cambodia’s stock market launched in Phnom Penh in front of proud government officials, senior financiers and eager investors from across the region. Initial expectations were that a total of three state-owned firms would be listed within six ...

Hul Reaksmey and Alex Willemyns
http://www.cambodiadaily.com/business/trading-floor-silent-two-years-after-csx-launch-35211/

Telecom revenue rose in 2012

CAMBODIA Post (CP), which plans to list on the local bourse, earned 8.1 per cent more revenue year-on-year in 2012, driven in part by its recent transformation from a wholly state-owned delivery company into a semi-autonomous entity. Revenues last year hit more than $4 million, compared ...

http://www.phnompenhpost.com/2013032062037/Business/telecom-revenue-rose-in-2012.html

NGOs query Lao’s telco promotion

Four NGOs asked the government yesterday to explain the decision to promote Lao Saroeun to an undersecretary of state position in the Ministry of Posts and Telecommunications, even though he has not been cleared of alleged corruption. “In proper practice, people under investigation for alleged corruption ...

http://www.phnompenhpost.com/2013032062034/Business/ngos-query-lao-s-telco-promotion.html

ACU to act on Telecom claims

The president of the group responsible for rooting out government graft said yesterday that his investigators will look into allegations of corruption filed by state-owned Telecom Cambodia (TC) employees against the director-general of the company, Lao Saroeun. Anti-Corruption Unit (ACU) President Om Yentieng told reporters after ...

http://www.phnompenhpost.com/2013022861665/National/acu-to-act-on-telecom-claims.html

Anti-Corruption Unit to Investigate Telecom Cambodia Chief

The Anti-Corruption Unit (ACU) will launch an investigation into corruption allegations made by staff at Telecom Cambodia against its director-general Lao Sarouen, officials said yesterday. During a meeting with 295 Telecom Cambodia employees at the Ministry of Posts and Telecommunications, ACU chairman Om Yentieng told staff ...

http://www.cambodiadaily.com/news/anti-corruption-unit-to-investigate-telecom-cambodia-chief-12103/

Anti-Graft Unit to Give Telecom Staff Anti-Corruption Education

The Anti-Corruption Unit (ACU) has ordered staff at Telecom Cambodia to attend a meeting today in order to “educate” them about the country’s Anti-Corruption Law after they made graft allegations and held demonstrations against the firm’s director-general Lao Sarouen earlier this month, Minister of Posts ...

http://www.cambodiadaily.com

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