Cambodia's Internet penetration more than doubles
Cambodia’s Internet penetration more than doubled to 3.1 per cent of the population in 2011, up from 1.3 per cent a year earlier, according to the Internet World Stats website. The country had 449,160 Internet users at the end of last year and 491,480 Facebook users ...
Government Order May Close Many of City's Internet Cafes
The open-source mapping website Urban Voice launched a campaign yesterday against a government order banning Internet cafes withing 500 meters of schools that will effectively make it illegal to operate such businesses in much of Phnom Penh. “Implementation of this order would mean the closure of ...
http://www.cambodiadaily.com/news/government-order-may-close-many-of-citys-internet-cafes-6660/
Cambodia's second stock listing delayed
A Taiwanese-owned garment maker has delayed its planned Cambodia listing by three weeks, setting back what would be just the second initial public offering to be held in this developing Southeast Asian nation. Grand Twins International (Cambodia) PLC now plans to list on May 29, according ...
Chun Han Wong
http://online.wsj.com/news/articles/SB10001424052702304626304579509390823129458
Letting it ride: NagaCorp lifts lid on large-scale expansion
NagaCorp recently announced it would invest $369 million in its latest project opposite the Buddhist Institute. The Hong Kong-listed casino operator’s latest Phnom Penh venture, Naga2,will include a casino, a hotel and a conference hall. The announcement of the investment by NagaCorp, Cambodia’s biggest casino operator, was ...
Siv Meng
http://www.phnompenhpost.com/real-estate/letting-it-ride-nagacorp-lifts-lid-large-scale-expansion
NagaCorp VIP program questioned
Citi Research, the strategy and analysis arm of Citigroup Inc, one of the world’s largest financial firms, has questioned NagaCorp’s VIP junket program in a recent report that also cites cross-border competition and tourism failings as potential threats to the program’s success. Citi Research’s analysis was ...
Eddie Morton
http://www.phnompenhpost.com/business/nagacorp-vip-program-questioned
Kompong Cham officials accused of extortion
The Anti-Corruption Unit revealed Monday that the director of Kompong Cham provincial Treasury Department Kol Thearin and officials under her are being investigated for allegedly embezzling money from local development projects and extorting bribes from developers, according to a statement from the ACU. ACU chairman Om ...
Kuch Naren
http://www.cambodiadaily.com/news/kompong-cham-officials-accused-of-extortion-61063/
City looks to overhaul traffic light system
A solution may be at hand for Phnom Penh’s degenerating traffic congestion problem as Japan’s International Cooperation Agency is readying a project aimed at completely overhauling the city’s non-intuitive traffic light system, City Hall announced Tuesday. The study, which will begin within the next month and ...
Simon Henderson and Khuon Narim
http://www.cambodiadaily.com/news/city-looks-to-overhaul-traffic-light-system-61205/
CSX moves from Canadia Tower to new building
The Cambodia Securities Exchange (CSX) last week made its long awaited move from the 25th floor of Phnom Penh’s Canadia Tower to its new home in a $4-million French colonial-era building on Street 106. The CSX officially moved into the two-story building on September 8, according ...
George Styllis and Kang Sothear
http://www.cambodiadaily.com/business/csx-moves-from-canadia-tower-to-new-building-68091/
New plan for ‘state secrets’
The Ministry of Interior announced a decision to draft a law to protect state secrets after meeting with Vietnamese defence officials yesterday, the National Police has announced. According to a statement on the police website, Vietnam will support the training of government officials in encryption and ...
Vong Sokheng
http://www.phnompenhpost.com/national/new-plan-state-secrets
Open Development Cambodia updates Special Economic Zone page
ODC has updated the Special Economic Zone page in Cambodia, adding interactive map and data visualization on province based SEZ in respond to the latest SEZ dataset on ODC website.Click here to access the page ...
Industry ministry rolls out KhmerSME information portal
The Ministry of Industry, Science, Technology and Innovation has rolled out the KhmerSME website to provide micro-, small- and medium-sized enterprises (MSME) access to comprehensive business information, as well as ASEAN and global markets. ...
May Kunmakara
http://phnompenhpost.com/business/industry-ministry-rolls-out-khmersme-information-portal
Court Questions Cambodian, Chinese Businessmen Over Fraud
The Phnom Penh Municipal Court on Monday questioned two businessmen over allegations of fraud and using forged public documents, including claims they faked a signature from Prime Minister Hun Sen in a mining transaction, court and police officials said. Deputy prosecutor Var Sakada said Cambodian Al ...
http://www.cambodiadaily.com/news/court-questions-cambodian-chinese-businessmen-over-fraud-40923/
Australian media cite Hun Sen Facebook page on refugee deal
A post on a Facebook page that Prime Minister Hun Sen has denied is his own was cited Tuesday by both the Sydney Morning Herald and Australia’s national broadcaster as having officially announced the Cambodian government’s agreement to resettle asylum seekers held by Australia. Mr. Hun ...
Alex Willemyns and Kuch Naren
http://www.cambodiadaily.com/news/australian-media-cite-hun-sen-facebook-page-on-refugee-deal-59229/
Property Tax to Generate $6M for Phnom Penh
Phnom Penh City Hall has estimated it could receive about $6 million in revenue next year from property tax collection, which started recently. City Hall released some tax calculation methods on its website last week and said that “based on the estimation of the technical ...
Foreign Minister backs full UN membership for Palestinians
Speaking at the UN General Assembly in New York on Monday, Foreign Minister Hor Namhong backed the Palestinians’ bid for full UN membership and called for the lifting of a decades-old US embargo on Cuba, one of the countries backing Cambodia’s bid for a seat ...
Sandwiched between cultures
It was not her degree in finance and banking that encouraged Keo Sopheap to start her own business. It was her sister’s marriage to an American that introduced her to foreign fast food. Now Sopheap owns a sandwich shop in Phnom Penh. Sopheap, a Norton ...
http://www.phnompenhpost.com/index.php/2012090358438/Business/sandwiched-between-cultures.html
Detained Russian's Company Under Investigation for Fraud
The company of Russian businessman Sergei Polonsky, who is currently being detained by Cambodian authorities after a maritime incident off the coast of Preah Sihanouk province last week, is being investigated by the Russian Interior Ministry for fraud, according to a statement on the ministry’s ...
http://www.cambodiadaily.com/news/detained-russians-company-under-investigation-for-fraud-7333/
Juneyao Airlines tries flights from Shanghai
Private Chinese carrier Juneyao Airlines is planning to launch direct flights from Shanghai to Cambodia as soon as this month. The move – which has been labelled unrealistic – would also see the airline potentially break into the monopolised route from the Chinese city. The Shanghai-based ...
ACU asks Global Fund for evidence in probe
Cambodia’s Anti-corruption Unit has criticised the Global Fund to Fight AIDS, Tuberculosis and Malaria for not sending them the findings of its investigation into widespread corruption in health grants. Chhay Savuth, vice-president of the Anti-Corruption Unit, said he had contacted the Global Fund to request evidence ...
Mom Kunthear and Daniel Pye
http://www.phnompenhpost.com/national/acu-asks-global-fund-evidence-probe
Two more Anonymous Hackers arrested
Two more alleged members of the hacking group Anonymous Cambodia were arrested Thursday for attacking the website of the Anti-Corruption Unit (ACU) and taking it offline for more than two hours this week, an official confirmed Friday. “We arrested two men and they were both sent ...
Kuch Naren and Joshua Wilwohl
http://www.cambodiadaily.com/news/two-more-anonymous-hackers-arrested-57976/