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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

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 ...

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

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

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/

Prime minister warns ‘bad officials’ over building violations

Days after City Hall ordered NagaWorld casino to halt its expansion because it was damaging Phnom Penh’s beauty, Prime Minister Hun Sen on Sunday warned “bad officials” to stop allowing construction projects to damage the country’s aesthetic allure. ...

Kang Sothear
https://www.cambodiadaily.com/news/prime-minister-warns-bad-officials-over-building-violations-99703/

Nagaworld expansion suspended

The controversial expansion of NagaWorld casino in Phnom Penh has been temporarily halted after an inspection of the construction site led Prime Minister Hun Sen to judge that it was interfering with the city’s beauty, according to City Hall. ...

Sek Odom
https://www.cambodiadaily.com/news/nagaworld-expansion-suspended-99673/

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/

Gaming firm cashes out of NagaWorld deal

Pan-Asian gaming company Entertainment Gaming Asia Inc (EGA) will sell 670 of its electronic gaming machine (EGM) seats placed at NagaWorld casino in Phnom Penh to an unnamed Cambodian firm for $2.5 million, the Nasdaq-listed company announced on Wednesday. ...

Cam McGrath
http://www.phnompenhpost.com/business/gaming-firm-cashes-out-nagaworld-deal

Structure removed from Buddhist Institute land

A temporary structure built on the Buddhist Institute’s land by Na­gaCorp, which added to swirling rumors late last year that the growing casino empire was planning to develop the land and prompted hundreds of monks to march in protest, has been removed. ...

Khuon Narim
https://www.cambodiadaily.com/news/structure-removed-from-buddhist-institute-land-75808/

Ten Indonesians return home after ambassador’s intervention

Following the intervention of Indonesia’s ambassador to Cambodia last week, 10 Indonesian nationals left the country Sunday after being released by police in Kandal province, where they were being held over a $161,000 theft at a local casino, an embassy official said. ...

Chris Mueller and Mech Dara
https://www.cambodiadaily.com/news/ten-indonesians-return-home-after-ambassadors-intervention-84673/

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