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.