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Naga to mend fences with National Buddhist Institute

The owners of NagaWorld have agreed to replace the fences and gate of the National Buddhist Institute that were destroyed by the casino last year during the construction of an underground walkway. Prime Minister Hun Sen ordered the casino to make the repairs and in ...

Taing Vida
http://www.khmertimeskh.com/news/22353/naga-to-mend-fences-with-national-buddhist-institute/

NagaCorp rolls dice on $15 million VIP terminal

A private VIP terminal costing $15 million is being planned at Phnom Penh International Airport by NagaCorp, which hopes that once it is ready – likely by early next year – high-rollers would flock to its casino and double their spending to $8 billion. NagaWorld, the ...

http://www.phnompenhpost.com/2013053065932/Business/nagacorp-rolls-dice-on-15-million-vip-terminal.html

Macau To Cambodia Route ‘In Negotiation’

A new air route may connect Macau and Cambodia this year, a move industry experts say would reduce travel costs in the region and reflects tourist interests in both destinations’ gambling industries. Several airlines are in contact with CAM, Macau International Airport Co, “seeking to launch ...

http://www.phnompenhpost.com/2013050865475/Business/macau-to-cambodia-route-in-negotiation.html

Thai gamblers drop after coup

The number of Thai visitors crossing the border to place bets at Cambodian casinos has fallen since that country’s military staged a coup late last month. Kim Ledaro, managing director of Crown Resorts Co, which operates three Crown-branded casino resorts in Bantey Meanchey province’s Poipet town, ...

Chan Muyhong
http://www.phnompenhpost.com/business/thai-gamblers-drop-after-coup

Only 377 NagaWorld Workers Still Holding Out Against Layoffs: Union

In a move a labor group said was unprecedented, NagaWorld is calling on governmental labor inspectors to authorize the dismissal of a group of union leaders as part of the casino’s mass layoffs, overriding the legal protections unionists enjoy unless they have committed serious offenses, ...

Tran Techseng
https://vodenglish.news/only-377-nagaworld-workers-still-holding-out-against-layoffs-union/

Institute land not leased: gov’t

Responding to reported fears among staff that the destruction of a wall at Phnom Penh’s Buddhist Institute could herald the piecemeal sale of the grounds to adjacent casino operator NagaCorp, the government yesterday chalked the alarm up to a simple misunderstanding. According to the Ministry of ...

Chhay Channyda
http://www.phnompenhpost.com/national/institute-land-not-leased-gov%E2%80%99t

Labour ministry to mediate in dispute over casino layoffs

Ministry of Labour and Vocational Training spokesman Heng Sour said the ministry would continue to mediate disputes between local integrated resort operator NagaWorld Ltd and its laid-off employees to find a solution, though the two parties can choose to settle it through the courts if ...

Long Kimmarita
https://www.phnompenhpost.com/national/labour-ministry-mediate-dispute-over-casino-layoffs

NagaWorld Profits Double to $98 Million

NagaCorp, which owns Phnom Penh’s only licensed casino, announced on Wednesday that net profits at the company had more than doubled in 2011 and that plans are in store to expand its operations in the country. Financial Results filed with the Hong Kong Stock Exchange ...

Thai-Cambodian trade in Surin reaches new record high

The border trade in Surin province has reportedly reached 1 billion baht for the first time. The figure is said to be the new record high as the situation on the border of Thailand and Cambodia remains calm. Surin’s trade official Sitthiporn Bangkeaw said these ...

http://www.pattayamail.com/business/thai-cambodian-trade-in-surin-reaches-new-record-high-24190

Naga aircraft set to take flight

Nagacorp, owner of Cambodia’s largest casino, NagaWorld, is on track to begin flying in high-rollers from China on a fleet of its own commercial aircraft, according to the company’s latest earnings statement and government officials. In a filing to the Hong Kong Stock Exchange on Friday, ...

Eddie Morton
http://www.phnompenhpost.com/business/naga-aircraft-set-take-flight

Ministry Lists Fees to Help Firms Avoid Graft Claims

The government has publicly issued lists showing the costs of fees that businesses must pay to authorities for various services, in an effort to help companies avoid making informal payments made illegal by the anticorruption law. The lists were drafted during the past year after Cambodia ...

http://www.cambodiadaily.com/news/ministry-lists-fees-to-help-firms-avoid-graft-claims-8434/

SEZ adds to tycoon’s growing portfolio

Okhna Try Pheap’s ballooning empire of exclusive natural resource licences and concessions has been expanded even further with the granting of a special economic zone (SEZ) in Ratanakkiri province. The May 27 issue of the Royal Gazette reveals Pheap was granted a 136-hectare SEZ in O’Yadav ...

http://www.phnompenhpost.com/2013061266216/National/sez-adds-to-tycoon-s-growing-portfolio.html

Families in Try Pheap dispute petition governor

Representatives of 142 families from Pursat province’s Veal Veng district filed complaints with the provincial governor Monday seeking intervention in their land dispute with powerful timber and casino magnate Try Pheap. ...

Kuch Naren
http://www.cambodiadaily.com/news/families-in-try-pheap-dispute-petition-governor-70405/

VN nationals arrested on kidnapping charge

Four Vietnamese nationals were jailed on kidnapping charges in Svay Rieng province on Saturday after allegedly detaining two of their countrymen over gambling debts in a casino in Bavet town.​ ...

Kim Sarom
http://www.phnompenhpost.com/national/vn-nationals-arrested-kidnapping-charge

Cambodian slots help offset EGA’s losses

European Gaming machine supplier and casino operator Entertainment Gaming Asia Inc reported consolidated revenues of $7.3 million in 4Q15, a decrease of 12 per cent compared to the same period a year earlier. ...

Post Staff
http://www.phnompenhpost.com/business/cambodian-slots-help-offset-egas-losses

Expansion approved for Bokor National Park

New resorts, restaurants and casinos could be coming to Bokor National Park after environment officials endorsed an “improved” plan for the mountain along with oknha Sok Kong’s hotel company, according to the government’s news agency. ...

Daphne Chen
http://www.phnompenhpost.com/national/expansion-approved-bokor-national-park

Cambodia’s tourism anchored to Angkor

More than 90% of tourists visiting Cambodia will end up at Siem Reap’s world heritage site Angkor Wat, despite efforts to open other areas of the country to tourism. Officials attending the Asean Tourism Forum admitted that efforts to convince tour operators to include trips to ...

TTR Weekly News Staff
http://www.ttrweekly.com/site/2014/01/cambodias-tourism-anchored-to-angkor/

NagaWorld sees revenue jump 42% in first half

Cambodia’s largest casino NagaWorld’s gross gaming revenue (GGR) grew for the first semester this year by 42 per cent to $255.4 million, compared to the $180.3 million reported for the same period in 2014. ...

Ayanna Runcie
http://www.phnompenhpost.com/business/nagaworld-sees-revenue-jump-42-first-half

Union leader Morm Rithy convicted for criticizing Chinese-owned Jin Bei Casino two years ago

Union leader Morm Rithy was arrested after being convicted on charges of incitement to commit a crime following a lawsuit by Chinese-owned Jin Bei Group and has been sent to Prey Sar prison where he will serve an 18-month sentence. ...

Khuon Narim and Ly Rosslan
https://cambojanews.com/union-leader-morm-rithy-convicted-for-criticizing-chinese-owned-jin-bei-casino-two-years-ago/

Families shift from traditional to organic farming methods

The SAC, an investment initiative by the Japanese government, enables farmers in the province to enhance the quality of their yield and sell their crops to high-end buyers, including casinos and upscale restaurants in Bavet city and Phnom Penh.​ ...

Pav Suy
https://www.khmertimeskh.com/50518904/families-shift-from-traditional-to-organic-farming-methods/

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