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Japan to Give $840,000 To Demining Projects

Japan signed an agreement Thursday with the Japan Mine Action Service (JMAS) to provide $839,363 to deining projects in Battambang province, which will benefit about 5,500 residents. Together with the Cambodian Mine Action Center (CMAC), which will receive almost half of the donations from Japan, JMAS ...

$2m missing: telecom staff

More than 200 employees of Telecom Cambodia demonstrated yesterday morning, demanding the company’s general director step down and that the Anti-Corruption Unit investigate the company. The strikers claimed general director Lao Saroeun had been involved in large-scale embezzlement, other forms of corruption and disrespect ...

http://www.phnompenhpost.com/2013021461353/National/2m-missing-telecom-staff.html

Ministry Cancels Telco Limits

An often flouted and publicly unpopular restriction forbidding Cambodia’s telecoms from offering lucrative mobile phone promotions was scrapped on Sunday, just two weeks after it was introduced. In a letter from the Ministry of Posts and Telecommunications (MPTC), signed by Minister So Khun, it announced a ...

http://www.phnompenhpost.com/2013050765438/Business/ministry-cancels-telco-limits.html

Telecom Cambodia Corruption Investigation Needs Time

The minister of posts and telecommunications yesterday said he needs more time to investigate corruption and mismanagement allegations at state-owned firm Telecom Cambodia before involving other government institutions. Telecom Cambodia director-general Lao Saroeun is officially on sick leave, but staff at the company say they were ...

http://www.cambodiadaily.com

Cross-border insurance to be compulsory

Tourist buses and commercial vehicle operators crossing over the Cambodia-Vietnam border will soon be required by law to have insurance in both countries or risk being denied entry, a bilateral agreement signed on Tuesday states. In an effort to meet requirements stipulated in the ASEAN 2015 ...

Chan Muyhong
http://www.phnompenhpost.com/business/cross-border-insurance-be-compulsory

Cash-strapped S’ville casino looks to expand

The Israeli gaming firm behind Sihanoukville’s Queenco Casino is seeking investors to expand its operations in the seaside town, according to a report released by the company last week, but after six months of “cash flow distress” and losses of more than $1 million, those ...

George Styllis
http://www.cambodiadaily.com/business/cash-strapped-sville-casino-looks-to-expand-67596/

Hun Sen Signed Off On Mfone Customers Deal With Mobitel

Prime Minister Hun Sen approved a decision in January to transfer hundreds of thousands of customers from bankrupt mobile phone operator Mfone to the country’s largest telecommunications firm, Mobitel, despite a court injunction preventing Mfone from offloading assets. According to the statement released yesterday by the ...

http://www.cambodiadaily.com/news/hun-sen-signed-off-on-mfone-customers-deal-with-mobitel-17533/

Blame game on removal of Kem Sokha

Political analysts across the Kingdom are buzzing about the ramifications of the decision the National Assembly made last week to remove Kem Sokha, deputy president of the opposition Cambodia National Rescue Party (CNRP), as deputy president of the legislative body. ...

Chea Takihiro
http://www.khmertimeskh.com/news/17381/blame-game-on-removal-of-kem-sokha/

Australian gaming company probed for Cambodia payment

Australian gaming firm Tabcorp on Tuesday confirmed that it was under investigation by Australian police over a possible bribe it paid in 2009 to a Cambodian consultancy connected to a sister of Prime Minister Hun Sen. ...

Zsombor Peter and Khuon Narim
https://www.cambodiadaily.com/news/australian-gaming-company-probed-for-cambodia-payment-109949/

Microsoft's Super Wi-Fi could change game

A technology called “Super Wi-Fi” that uses the frequency spectrum between television channels called “white spaces” could be a game-changing force in how people connect to the internet, especially in places like Cambodia. The technology, which requires specialised equipment costing about US$2,000 for a base station ...

Raid of illegal gaming sites snares seven

Police in Phnom Penh’s Daun Penh district took part in a sting target took part in a sting targeting illegal computer gaming locations yesterday, arresting seven people and seizing 71 illicit machines across three locations in Phsar Thmey III village. ...

Kim Sarom
http://phnompenhpost.com

As Insurance Claims Grow, So Do Premiums

The total amount of claims paid out by local insurance firms during the first nine months of the year have tripled to more than $11 million compared to the same period in 2011 According to data from General Insurance Association of Cambodia (GIAC), paid claims grew ...

Commune Vote Predictable, but Margins Less So

With Sunday’s commune elections quickly approaching, the five main political parties are all predicting substantial gains over how they faired in the last election in 2007, though none deny that the ruling Cambodian People’s Party (CPP) will continue to dominate the polls. And with the entrance ...

Sales of palm sugar not so sweet

Sales of Cambodia’s World Trade Organization-certified palm sugar from Kampong Speu province dipped to 12 tonnes at the end of the harvest season this year, about a 30 per cent decline from 2012. Two districts with palm trees in Kampong Speu province were granted geographical indication ...

http://www.phnompenhpost.com/business/sales-palm-sugar-not-so-sweet

Bridge SoHo launch receives warm reception

Sales of the SOHO (small office and home office) component of The Bridge condominium project, which will have 54 floors and will be built with an investment of $300 million, officially launched last week. Sear Rithy, director of World Bridge Land, said he was proud and ...

Hin Pisei
http://www.phnompenhpost.com/real-estate/bridge-soho-launch-receives-warm-reception

Central bank mulls its inflation response

Cambodia’s central bank is looking to tighten monetary policy to slow an inflation rate that could hit 8 to 9 percent this year, National Bank of Cambodia Director General and Spokeswoman Nguon Sokha said yesterday. Increases in commodity prices and petroleum has led to rising ...

http://www.phnompenhpost.com/index.php/2011080250793/Business/central-bank-mulls-its-inflation-response.html

HLH to Expand With Corn, Rice Plantations

Singapore-listed firm HLH Group is planning to expand its presence in Cambodia with 90,000 hectares of corn, rice and soybean plantations planned over the next decade in Kompong Speu and Koh Kong provinces, an official at the company said yesterday. HLH Group came under scrutiny ...

(Simon Marks and Kuch Naren, p 29)
http://www.camnet.com.kh/cambodia.daily/

German airline Condor launches direct flight to Cambodia

The German airline Condor Air launched its first direct flight from Frankfurt to Cambodia’s Siem Reap province famous for its world heritage site on Saturday morning. Landing at the Siem Reap International Airport, the aircraft was cordially greeted by Cambodian government officials including Mao Havannall, secretary ...

http://www.nzweek.com/business/german-airline-condor-launches-direct-flight-to-cambodia-20833/

ACU to act on Telecom claims

The president of the group responsible for rooting out government graft said yesterday that his investigators will look into allegations of corruption filed by state-owned Telecom Cambodia (TC) employees against the director-general of the company, Lao Saroeun. Anti-Corruption Unit (ACU) President Om Yentieng told reporters after ...

http://www.phnompenhpost.com/2013022861665/National/acu-to-act-on-telecom-claims.html

E-card holders concerned about SIM card exchange

Mfone e-card holders are concerned that the cards can no longer be used after the change from Mfone’s SIM card to Cellcard’s SIM and, along with officials, are unsure of a solution. Wholesalers and retailers have expressed concern that they will lose money when the scratch ...

http://www.phnompenhpost.com/2013012961038/Business/e-card-holders-concerned-about-sim-card-exchange.html

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