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Labour Disputes; Affirms Willingness to Operate within International Labour Standards |
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| SINGAPORE, 20 September 2004 � The management of Raffles Grand Hotel
d�Angkor in Siem Reap and Raffles Hotel Le Royal in Phnom Penh and labour
union representatives have arrived at a settlement agreement resolving
the labour dispute that arose between both parties in April 2004.
Union representatives from the Cambodian Tourism and Service Workers Federation
(CTSWF), International Union of Food, Agriculture, Hotel, Restaurant, Catering,
Tobacco an Allied Workers Association (IUF) and Solidarity Centre (ACILS)
were present during the joint negotiations held on 12 September 2004 following
which the Memorandum of Understanding (MOU) between the hotel management
and the hotel unions was signed.
Markland Blaiklock, Managing Director of Raffles Hotels & Resorts said, �The management of both Raffles Grand Hotel d�Angkor and Raffles Hotel Le Royal has always been sincere in wanting to resolve the outstanding issues in an amicable way. Throughout the negotiations, we consistently acted in good faith and in accordance with the law. We are pleased that we have arrived at a resolution that is acceptable to all parties concerned.� The MOU paves the way for majority of the staff terminated during the labor dispute in April to be re-hired at Raffles Grand Hotel d� Angkor and Raffles Hotel Le Royal. Ma Wei Pin, Regional Secretary of the IUF-Asia/Pacific said, "Amicably resolved, this settlement augurs well for the future of the two Raffles hotels in Cambodia and for the workers who make them distinctive. Raffles' affirmation of its willingness to operate within international labour standards globally is the basis for productive mutual respect and a positive outlook. IUF looks forward to building a constructive relationship with the Raffles Hotel Group globally." Raffles Hotels & Resorts (www.raffles.com) is a collection of 13 luxury hotels located in major cities around the globe and distinguishes itself by the highest standards of products and services. Raffles Holdings Limited is a hospitality company listed on the Singapore Exchange Securities Trading Limited. It is headquartered in Singapore and has an approximate 12,000-room portfolio comprising hotels and resorts in 33 destinations across Asia, Australia, Europe, North America and South America. |
| Contact:
Maria Nakpil
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