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Nagaworld reaches tax deal

NagaWorld, a subsidiary of a Hong Kong-listed NagaCorp, reached a deal with the Ministry of Economy and Finance to pay a new tax rate on their non-gaming operations, said a ministry official. ...

May Kunmakara
http://www.khmertimeskh.com/news/29693/nagaworld-reaches-tax-deal/

Cambodia’s Vietnam trade increasing

Prices for Vietnamese goods are increasing driving up demand for lower cost Cambodian goods. Exports to Cambodia’s neighbor have increased by more than 84 percent for the beginning of 2011, totaling some $247 million according to the Vietnam Trade Office. Inflation is rising in Vietnam ...

http://www.phnompenhpost.com/index.php/2011072250562/Business/cambodias-vietnam-trade-increasing.html

Waiting to tap rubber’s rebound

The large-scale rubber plantations that arrived in force in Cambodia a decade ago as global rubber prices moved to historic peaks are facing sober prospects as trees they planted before the commodity’s prices headed south begin to reach maturity. ...

Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/waiting-tap-rubbers-rebound

PM Hun Sen calls for calm as gasoline prices soar to record high

Prime Minister Hun Sen yesterday appealed to people to calm down as gasoline prices hit another high peak, citing that global crude oil has been on surge as the Russian-Ukraine crisis threatened to disrupt global supply. ...

Chea Vanyuth
https://www.khmertimeskh.com/501034692/pm-hun-sen-calls-for-calm-as-gasoline-prices-soar-to-record-high/

Minister of Agriculture inspects and discusses rice situation in Battambang province

Dith Tina, Minister of Agriculture, Forestry, and Fisheries, and other leaders met with Sok Loo, Governor of Battambang Province, and Oknha Phu Puy, Director General of Green Rice Mills in Battambang Province, to study the real situation of rice prices. ...

Khmer Times Staff
https://www.khmertimeskh.com/501358391/minister-of-agriculture-inspects-and-discusses-rice-situation-in-battambang-province/

Energy tariffs cut for industrial, agri sectors

The Ministry of Mines and Energy has announced a reduction in electricity tariffs for the industrial and agricultural sectors, effective from October to December 2023. This move is aimed at increasing production, fostering job creation and supporting income growth for Cambodians. ...

Ry Sochan
https://www.phnompenhpost.com/national/energy-tariffs-cut-industrial-agri-sectors

Poipet Casino Grand Opening set for Next Month

U.S. listed gambling firm Entertainment Gaming Asia Inc. (EGA) will next month hold a grand opening for its second casino on the Thai-Cambodia border, the company said. In a statement issued on Monday from Hong Kong, it said that Dreamworld Club in Poipet, which has been ...

http://www.cambodiadaily.com/business/poipet-casino-grand-opening-set-for-next-month-19965/

Food, fuel prices jump again

Heightened global food and fuel prices continued to inflate Cambodia’s market in September, and experts said flood damages would elevate costs further toward the end of the year. Year-on-year inflation hit 6.7 per cent in last month, up 1 per cent from August, according to data ...

http://www.phnompenhpost.com/index.php/2011102552319/Business/food-fuel-prices-jump-again.html

Gaming Asia opens new club

Entertainment Gaming Asia will open up it’s second Dreamworld Club in Cambodia in the Thai-Cambodia border town of Poipet, in  Banteay Meanchey province,  according to a media release from the US-listed company on Monday. ...

http://www.phnompenhpost.com/2013042565219/Business/gaming-asia-opens-new-club.html

CPI: cost of living falls slightly

The Kingdom’s consumer price index declined by 0.1 per cent in October for the first time in 2012 due to a decline in food and gasoline prices and a stable US dollar exchange rate, according to official data released by the National Institute of Statistics ...

http://www.phnompenhpost.com/index.php/2012112359895/Business/cpi-cost-of-living-falls-slightly.html

Demonstrators Take On Local Power Suppliers

Hundreds of Kompong Cham villagers protested yesterday and Sunday against high electricity prices in another example of energy-price demonstrations that are becoming increasingly frequent across the country. In Kompong Cham province’s Batheay district, more than 500 villagers yesterday continued a protest over electricity prices that began ...

Koh Rong Sanloem casino ‘is flouting’ closure order

A Preah Sihanouk provincial official said on Thursday that the owner of Jinding Hotel and Casino on Koh Rong Sanloem is flouting the authorities’ order to close the business by March 22. Preah Sihanouk Provincial Hall spokesman Kheang Phearum told The Post that the provincial ...

Khorn Savi
https://www.phnompenhpost.com/national/koh-rong-sanloem-casino-flouting-closure-order

Shaky outlook for black pepper

The rapid expansion of pepper cultivation in Cambodia coincides with the spice’s plummeting world prices, creating concerns that the glut of pepper ripening on vines across the Kingdom could further erode next season’s market prices and push the sector toward a collapse. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/shaky-outlook-black-pepper

More than 20,000 industrial and agricultural enterprises to receive reduced electricity prices

Prime Minister Hun Manet instructed Electricite du Cambodge (EDC) to study the reduction of electricity prices for 21000 enterprises in the industrial and agricultural sectors to facilitate employers to increase profits, expand investment, and create more jobs for Cambodians. ...

Khmer Times Staff
https://www.khmertimeskh.com/501362888/more-than-20000-industrial-and-agricultural-enterprises-to-receive-reduced-electricity-prices/

National open data conference 2024: Open government data for inclusive development

The Open Development Cambodia Organization (ODC) and The Asia Foundation are partnering to organize the first "National Open Data Conference 2024: Open Government Data for Inclusive Development" on the 26th and 27th of March 2024, at the CADT Innovation Center, Phnom Penh, Cambodia. ...

Pricey petrol punishes poor

Petrol prices have jumped by 150 riel (US$0.03) a litre, much to the dismay of Cambodia’s poor, as NGOs appealed to the government to take action. Rong Chhun, president of the Cambodian Confederation of Unions (CCU), issued a letter dated August 16 appealing to Prime Minister Hun ...

http://www.phnompenhpost.com/index.php/2012082058157/Business/pricey-petrol-punishes-poor.html

Dreamworld operator sees revenue drop

Entertainment Gaming Asia (EGA), which operates casinos and slot machines in Cambodia and the Philippines, recorded a 9 percent drop in revenue last year compared to 2012, from $26.8 million to $24.3 million, according to the company’s annual report. EGA operates casinos in Pailin and Poipet ...

Simon Henderson
http://www.cambodiadaily.com/business/dreamworld-operator-sees-revenue-drop-53867/

Casino sold to relative of CPP lawmaker

Entertainment Gaming Asia (EGA) last week sold Dreamworld Casino in Pailin province for $500,000 to a relative of the CPP lawmaker—and wife of former provincial governor Y Chhean—who owns the land on which the company built the casino, according to a press release Thursday. The Gaming ...

Hul Reaksmey and Simon Henderson
http://www.cambodiadaily.com/business/dreamworld-casino-sold-to-relative-of-cpp-lawmaker-62750/

Inflation Hits 7.1 Percent in June, Officials Say

Inflation reached 7.1 percent in June compared to the same month last year as consumer prices continued to rise in Cambodia, an official at the Ministry for Planning said yesterday. The release of the inflation figure comes after officials and the ministry said earlier this ...

http://www.camnet.com.kh/cambodia.daily/

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