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Corporate Citizenship Awards

Four Cambodian companies were presented with the country's first-ever Corporate

Citizenship Awards on Thursday 11 by World Bank president James Wolfensohn.

Garment factory New Island Clothing took out the award in the category of

Employment and Labor Practices, for its commitment to employing local workers in

management positions. Hotel Cambodiana also won an award for Employment and

Labor Practices for its commitment to investing in staff from challenged

backgrounds. Palm wine manufactured Confirel took out the award for

Environmental Stewardship for its innovations in solar technology and

environmentally friendly packaging. Hagar Soya won the award for Corporate

Governance for its outstanding accounting practices and commitment to the

socially marginalized. The winners each received $30,000 in technical assistance

from the International Finance Corporation.

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