Thursday, 21 May 2009

The Phnom Penh Post News In Briefs

In Brief: US man charged

Written by Chrann Chamroeun
Thursday, 21 May 2009

An American national is facing three counts of sex crimes against minors after being formally charged at Phnom Penh Municipal court Wednesday. Mark Stephan Freitag, 60, was arrested in Phnom Penh Monday on suspicion of sexually abusing three young boys and producing child pornography. Phnom Penh's anti-human trafficking police chief Keo Thea said Freitag has been charged with indecent acts against a minor, sexual intercourse with a minor and producing child pornography. If found guilty, he faces up to 10 years in prison.


In Brief: Hang Meas radio

Written by Mom Kunthear
Thursday, 21 May 2009

A new radio station belonging to the Hang Meas Production Company is to begin broadcasting in Phnom Penh this month, station staff said Wednesday. Hang Meas Radio, which will feature songs produced exclusively by its parent company, will broadcast at 104.5 FM from 6:00am to midnight seven days a week. "We set up this radio station to expand the business [of our] production company," said one staff member, who did not wish to be named. "I really believe that our radio station can be competitive."


In Brief: Artefacts to be returned

Written by Vong Sokheng
Thursday, 21 May 2009

Thai Prime Minister Abhisit Vejjajiva is to visit Cambodia on June 12, during which he will formally hand over seven Angkorian artifacts that were smuggled into Thailand nearly a decade ago, Thai press reports said Wednesday. The artefacts are among 43 pieces seized in 2000 when they were illegally brought across the border. Government spokesman Khieu Kanharith said Wednesday he had seen press reports of the proposed visit but has not yet received any official confirmation.


In Brief: New cheque launch

Written by Kay Kimsong
Thursday, 21 May 2009

THE National Bank of Cambodia will require all businesses to use a new cheque with improved security features including a special code that needs to be printed on every cheque. "The new one is always better than the previous one," said Deputy Bank Governor Neav Chanthana, declining to elaborate. In Channy, CEO of ACLEDA Bank, said the cheque was developed as part of a long-term financial blueprint. "You can design your own colour ... cheque, but the code must be readable by ... scanners," said In Channy.


In Brief: Finance firm expands

Written by George McLeod
Thursday, 21 May 2009

Hong Kong-based TFC Capital is expanding its operations in Cambodia, saying it hopes to invest in mining, agriculture and hospitality and to launch a Cambodia investment Fund this year, according to a company statement. The expansion plans include adding two executives and establishing an analyst team, it said. TFC has offices in Hong Kong, the Philippines, Turkey, Poland and Shanghai. "Cambodia is regarded as an important market because of its huge - largely untapped - potential for growth," it said.

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