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Hun Sen Denounces Televised Comments on Passport Fees

Prime Minister Hun Sen yesterday criticized the Cambodian News Channel (CNC) for broadcasting an interview with an NGO worker who had claimed on air that the large number of illegal Cambodian workers to Thailand was due to high cost of obtaining a Cambodian passport. Speaking at ...

http://www.cambodiadaily.com

Gambling on change

The Cambodian government is drafting a series of changes to the Kingdom’s gaming laws in a bid to draw major players from Macau and the US to the market and potentially create a new tax base from the growing, if currently illegal, online betting industry, ...

Eddie Morton
http://www.phnompenhpost.com/business/gambling-change

Two Khmer Papers Told to Halt Publishing

The Ministry of Information on Tuesday ordered two Khmer-language newspapers owned by the same publisher to halt publication for failing to follow ministry rules. In a notice signed by Minister of Information Khieu Kanharith, Phnom Penh-based The Water and Fire news and The World newspapers ...

Australian firm bets on Bavet

Australian-listed Cell Aquaculture (CAQ) – a onetime a marine technology company – has purchased a casino on the Cambodia-Vietnam border in a bid to generate much-needed revenue after nearing bankruptcy in 2013. On May 26, CAQ announced in a statement to the Australian Stock Exchange that ...

Eddie Morton
http://www.phnompenhpost.com/business/australian-firm-bets-bavet

Xiamen expected to set up sister city relationship with Cambodia's Kampot

Cambodia may set up a consulate in Xiamen in the near future, and the Cambodian port city of Kampot is expected to establish sister city relationship with Xiamen, reported Haixi Morning News on Wednesday. Cham Prasidh, Cambodian Minister of State and Minister of Trade and Commerce, ...

http://www.whatsonxiamen.com/news27659.html

More than 100 illegal slot machines seized in capital

More than 100 slot machines worth over $1 million in total were seized in a police raid on a warehouse in Phnom Penh’s Sen Sok district on Monday, an Interior Ministry official said. ...

Sek Odom
https://www.cambodiadaily.com/news/more-than-100-illegal-slot-machines-seized-in-capital-81548/

Island casino’s fate to be decided

A preah Sihanouk provincial official said on Monday that the administration would request approval from the Ministry of Environment and the National Committee for Coastal Management and Development to dismantle a Chinese casino on Koh Rong Sanloem. ...

Khorn Savi
https://www.phnompenhpost.com/national/island-casinos-fate-be-decided

Cambodia to Cooperate with Korean Prosecutors

Following a meeting in Seoul yesterday, Cambodian officials have reportedly decided to cooperate with South Korean prosecutors in the investigation of Busan Savings Bank Group, where shareholders are suspected of illegally financing $365 million worth of investments in Cambodia, according to Yonhap News. Busan’s ...

Casino-Funded Election Committee Office Breaks Ground

The National Election Committee (NEC) broke ground yesterday on a $12-million tower being funded by the casino company NagaCorp that is set to take more than two years to complete and has drawn concern from election groups. At a ceremony that took place on National Assembly ...

http://www.cambodiadaily.com

Kingdom officials in on Busan probe: report

South Korea’s Yonhap news agency reported yesterday that Cambodian officials have agreed to assist in the investigation of a scandal ridden South Korean savings bank with investments in the Kingdom. A South Korean investigation has revealed that bank executives and shareholders used deposits to ...

http://www.phnompenhpost.com/index.php/2011070450141/National-news/kingdom-officials-in-on-busan-probe-report.html

NagaWorld Workers on Strike After Firings

More than 500 workers from Phnom Penh’s NagaWorld Casino demonstrated on Monday, in what was their fourth straight day of strike action in front of the Casino over wages and the firing of four staff members Sok Narith, deputy secretary general of the Cambodian Tour­ism and ...

http://www.cambodiadaily.com/news/nagaworld-workers-on-strike-after-firings-11761/

Naga World Boss Acquires Billionaire Status

The Malaysian founder of Phnom Penh’s only licensed casino, Chen Lip Keong, is now a billionaire after seeing his fortune multiply in size in recent years, according to Forbes magazine. The magazine, which calculates the wealth of individuals using company data, published a list of the ...

http://www.cambodiadaily.com/

Thai, Cambodian FMs meet in Bangkok on economic cooperation

Thailand and Cambodia will step up road construction, and open more checkpoints along their common borders, Thai News Agency reported on Wednesday. The resolution was made during the 8th Thai-Cambodian Joint Commission, held in Bangkok on Tuesday and Wednesday. ...

http://news.xinhuanet.com/english/world/2012-12/26/c_132064949.htm

More regional flights to be available in Cambodia

Regional flights to Cambodia will rise next year with the news that Philippines Airlines is eyeing flights to the Kingdom and Singapore’s SilkAir announced it would increase the frequency of flights to Siem Reap. The regional wing of Singapore Airlines, SilkAir, announced on Tuesday an increase ...

http://www.phnompenhpost.com/2012122060379/Business/more-regional-flights-to-be-available-in-cambodia.html

Cambodia's Parliament Ratifies Conventions On Nuclear Safety

The National Assembly of Cambodia on Wednesday ratified two international conventions on Early Notification of a Nuclear Accident or Radiological Emergency and Nuclear Safety to maintain security and prevent nuclear proliferation. “Cambodia has neither nuclear power plant nor chemical weapon plant; Cambodia is a country ...

http://www.bernama.com.my/bernama/v6/newsindex.php?id=709118

Casino tax revenue rises

The government collected $48 million from the casino industry last year, a rise of about 40 per cent compared with 2015. Ros Phearun, a deputy director-general of the Finance Ministry’s financial industry department, said that along with an effort by the government to improve tax revenue, ...

May Kunmakara
http://www.khmertimeskh.com/news/36411/casino-tax-revenue-rises/

Seized Wood Reported Stolen From R’kiri Park

Seized and then sold wood has apparently been stolen from the Try PHeap Import Export Company which bought the lumber. The wood amounts to approximately 42 cubic meters and is priced at over $37,000. Blame for the theft is being cast everywhere including on the ...

Mounting Foreign Concerns as 2013 Budget Plans Under Way

WASHINGTON DC – Seven opposition lawmakers say they have found new ways to reduce the national debt and are requesting that the National Assembly’s finance committee meet with them before drafting the 2013 national budget. The lawmakers, from the Sam Rainsy and Human Rights parties, say ...

http://www.voacambodia.com/content/mounting-foreign-concerns-as-2013-budget-plans-under-way/1557676.html

Bokor resort slated to bolster Kampot tourism

Kampot officials are looking to the Bokor Mountain Resort, a US$1 billion project that opens today, to drive tourism growth in the burgeoning seaside destination. The provincial Tourism Department said the number of domestic visitors to Kampot had risen 120 per cent to 338,000 in the ...

http://www.phnompenhpost.com/index.php/2012050355943/Business/bokor-resort-slated-to-bolster-kampot-tourism.html

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