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NagaCorp raises $156 million from top-up placement

NagaCorp, a gaming and entertainment hotel complex operator in Cambodia, has raised HK$1.21 billion ($156 million) from a top-up placement, after fixing the price at the bottom of the indicative range. The deal was launched at around 6pm yesterday in Hong Kong time, and the ...

http://www.financeasia.com/News/336436,nagacorp-raises-156-million-from-top-up-placement.aspx

Revenues Down at Pailin’s Dreamworld Casino

U.S.-listed firm Entertainment Gaming Asia’s (EGA) Dreamworld casino in Poipet province has seen revenue drop by almost 18 percent this year, according to financial results released by the company. Results issued on Thursday from Hong Kong said the casino, which opened in May 2012, made revenue ...

http://www.cambodiadaily.com/business/revenues-down-at-pailins-dreamworld-casino-39102/

Cambodian deputy PM says strategic partnership with China creates more opportunities for businesses

The Comprehensive Strategic Partnership of Cooperation between Cambodia and China has been providing “more favourable conditions” for economic, trade and investment ties between the two countries, Cambodian Deputy Prime Minister and Cabinet Minister Sok An said on Sunday. ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-09/07/c_126962873.htm

Villagers want dispute resolution

About 100 residents from Koh Kong province’s Sre Ambel and Botum Sakor districts gathered to protest and block the road of Koh Kong Sugar Industry to demand the company, local authorities and relevant ministries expedite a resolution to end their land dispute. ...

Pech Sotheary
http://www.khmertimeskh.com/50112239/villagers-want-dispute-resolution/

Koh Kong protesters return to Land Ministry

Villagers in a land dispute with companies producing sugar in Koh Kong province gathered again at the Land Ministry yesterday afternoon, demanding the ministry resolve their land disputes as soon as possible. More than 70 people from Sre Ambel and Botum Sakor districts are facing difficulties ...

Pech Sotheary
http://www.khmertimeskh.com/50115083/koh-kong-protesters-return-to-land-ministry/

HLB gets nod to open bank in Cambodia

Hong Leong Bank Bhd (HLB) has received approval from Cambodia’s Ministry of Commerce to open a wholly-owned, locally incorporated commercial bank in Cambodia. HLB said with a capital of US$37.5 million (RM116.2 million), Hong Leong Bank (Cambodia) Plc will commence operations in Cambodia within ...

http://www.thesundaily.my/news/626717

Another timeout for Anful

About 170 garment workers fainted at a factory in Kampong Speu yesterday, the first day Anful Garments Manufacturing reopened after being hit by a mass fainting incident on Monday, workers and government officials said yesterday. The second mass fainting at the Hong Kong-owned factory, which supplies ...

http://www.phnompenhpost.com/index.php/2011102852413/National-news/another-timeout-for-anful.html

Chinese continue to flock as region suffers

Cambodia’s tourism industry has benefited from the unrest that has hit much of the region, with Chinese tourists diverting their routes from problematic areas such as Thailand to the country, according to a report released Thursday by the Sydney-based Center for Asia Pacific Aviation (CAPA). Chinese ...

George Styllis and Cherie Chan
http://www.cambodiadaily.com/business/chinese-continue-to-flock-as-region-suffers-64963/

Government calls for PM ‘fake news’ correction

The Cambodian government on Friday strongly urged Singaporean outlet Channel News Asia (CNA) to issue a correction to an article it published on Thursday, claiming Prime Minister Hun Sen had called on the military to destroy the country’s political opponents. The statement, issued by the ...

Mech Dara and Voun Dara
https://www.phnompenhpost.com/national/government-calls-pm-fake-news-correction

Police Search for Counterfeit Riel Notes in Prey Veng

Police in Prey Veng’s Peamro district are searching for a rice trader who paid a traditional healer with counterfeit money, and suspect that more of the fake bills could enter circulation. Neak Loeung commune police chief Chhin Sophal said the unnamed woman had paid 45,000 ...

Eleven families request more compensation in land dispute

Eleven families locked in a land dispute with two sugarcane plantation companies in Koh Kong province returned yesterday to the Ministry of Land Management, asking it to work out compensation for them as it did for other villagers. ...

Pech Sotheary
http://www.khmertimeskh.com/50299272/eleven-families-request-more-compensation-in-land-dispute/

Land Ministry hails successes

The Ministry of Land Management, Urban Planning and Construction on Monday held a convention in Phnom Penh to report on its accomplishments for the year, hailing the 263 land disputes it has resolved, and to set its plans for next year.​ ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/land-ministry-hails-successes

Villagers seek help with their dispute

About 100 people representing 162 families from Koh Kong province came to Phnom Penh yesterday to resubmit a petition to the National Assembly and some state institutions asking for intervention in a decade-old land dispute with three sugar companies. Phav Nherng, a representative of the families ...

Pech Sotheary
http://www.khmertimeskh.com/news/33387/villagers-seek-help-with-their-dispute/

Farmers ask Hun Sen for help, told to go home

Prime Minister Hun Sen’s cabinet on Tuesday refused to accept a petition from some 200 farmers who traveled from Kratie province to Phnom Penh to ask for help in settling their land dispute with a plantation owner, urging them to try settling the case with ...

Aun Pheap
http://www.cambodiadaily.com/news/farmers-ask-hun-sen-for-help-told-to-go-home-64716/

Koh Kong’s first int’l seaport set for launch

Koh Kong province’s first international seaport, invested in and developed by Koh Kong Port Management Co Ltd, is scheduled to launch in the second half of the year, as a number of linked infrastructure works reach completion, according to provincial governor Mithona Phoutong. ...

Hin Pisei
https://www.phnompenhpost.com/business/koh-kongs-first-intl-seaport-set-launch

CNRP senator makes case for bail at supreme court

Opposition Senator Hong Sok Hour, who has been in prison since August on incitement and fraud charges, had his request for bail on health grounds heard by the Supreme Court on Friday. ...

Kuch Naren
https://www.cambodiadaily.com/news/109120-109120/

Gov’t ‘clarifies’ alleged rights abuses for IPU

A delegation from the Inter-Parliamentary Union (IPU) – a transnational organisation of lawmakers – met with lawmakers, several ministries and the UNHCR over the past two days to discuss concerns about the beating of two opposition lawmakers last October as well as the jailing of ...

Mech Dara
http://www.phnompenhpost.com/national/govt-clarifies-alleged-rights-abuses-ipu

Maybank introduces mobile banking app to Cambodia

Malayan Banking Bhd (Maybank) has introduced its mobile banking app in Cambodia that integrates augmented reality capabilities and a QR code reader for customers to easily locate the nearest Maybank branch. ...

The Star Online Team
http://www.thestar.com.my/business/business-news/2016/07/05/maybank-introduces-mobile-banking-app-to-cambodia/

Company owners, employees arrested over huge timber raid

The owners of Hong Sopheap Development Company in Preah Vihear have been arrested days after military police carried out a massive raid on a 4,000 hectare social land concession (SLC) that the company holds a licence to log. ...

Mech Dara
http://www.phnompenhpost.com/national/company-owners-employees-arrested-over-huge-timber-raid

Cambodia protests against Vietnam’s road construction projects in border area

Cambodia sent a diplomatic protest letter to Vietnam on Wednesday over what it considers an encroachment of its border territory, as the Cambodian border committee planned to reveal the map it is using to demarcate the borderline in response to a demand by the opposition ...

RFA Khmer News Staff
http://www.rfa.org/english/news/cambodia/cambodia-protests-against-vietnams-road-construction-projects-in-border-area-07012015142551.html

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