Thailand News: Failure to join CLMV could cost millions
Thailand has to revise its strategy concerning a regional single visa scheme, or it could lose millions of tourists to neighboring countries, which are kicking off the “CLMV Single Visa” next year without the Kingdom’s participation. Five countries – Thailand, Laos, Vietnam, Cambodia and Myanmar – ...
Rights Group Calls for Investigation of Thai Casino Torture Case
Local human rights group Adhoc has called on the government to investigate the alleged detention and torture of a Cambodian woman at a Bangkok casino where she was employed. In a statement released Friday, Adhoc said the government must push for a “full investigation” into the ...
Lauren Crothers
http://www.cambodiadaily.com/news/rights-group-calls-for-investigation-of-thai-casino-torture-case-49552/
Cambodian casinos look to win from China anti-graft crackdown
Cambodia has long drawn tourists to sights ranging from the Khmer Rouge killing fields to the magnificent temples of Angkor. Now the country is looking to a new market: Chinese gamblers who are deserting Macau, the region’s traditional casino hub. ...
Michael Peel
http://www.ft.com/intl/cms/s/0/53452978-bd9f-11e4-9d09-00144feab7de.html#axzz3TT6Cb1E2
Cambodia's tax revenues from casinos up 12 pct last year
Cambodia earned tax revenue of over 25 million U.S. dollars from casino industry in 2014, up 12 percent year-on-year, a local Cambodian Television Network (CTN) reported Monday, citing a senior finance official. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/cambodias-tax-revenues-from-casinos-up-12-pct-last-year-8349
News Analysis: Cambodia Viewed As "Best" Investment Venue For Thais
Cambodia is considered “the most promising country” in the ASEAN community where Thai business entrepreneurs could set up trade and investment projects, according to a noted Thai academic and economist. Roongrote Benjamasuthin, director of the University of Thai Chamber of Commerce’s ASEAN Business & Economic Center, ...
http://news.xinhuanet.com/english/indepth/2013-02/09/c_132162078.htm
Research differentiates investing in stock exchanges from gambling at the casino
One of the men deeply involved in the development of Cambodia’s financial system, Dr Ghanty Sam, of the Financial Institute of Cambodia, who is also a board member of the Securities and Exchange Commission of Cambodia, says people should be aware of the downside of ...
Cambodian casino operator NagaCorp reports net profit growth of 49%
As Macau casinos are showing continuous drop of revenue, Australian and Cambodian casinos don’t seem to have the same problem. The latest casino operator to reveal an impressive growth of net profit is NagaCorp Ltd. The Group reported an increase in profit of 49% ($101 ...
Alex Lanter
http://news.worldcasinodirectory.com/cambodian-nagacorp-casino-operator-reports-net-profit-growth-of-49-11757
Mobile Payments Set for Phnom Penh Eateries
Diners may soon be able to leave their wallets at home the next time they decide to eat at a restaurant in Phnom Penh. Starting next week, WING, a Cambodian mobile payment service provider, will introduce a new service that allows people to pay their restaurant ...
http://www.cambodiadaily.com/business/mobile-payments-set-for-phnom-penh-eateries-30765/
News anchor draws ire for saying women should ‘not resist’ rape
A local television presenter is facing heavy criticism for an inflammatory on-air suggestion that rape victims should not resist their attackers, and should instead accept sexual assault to avoid being killed – a reference to a brutal rape and murder of an 18-year-old woman in ...
Kong Meta and Ananth Baliga
http://www.phnompenhpost.com/national/news-anchor-draws-ire-saying-women-should-not-resist-rape
Naga casino to buy aircrafts to fly Chinese gamblers to Phnom Penh
Cambodian casino operator, Hong Kong-listed NagaCorp, is trying to reach deals in order to fly gamblers from Macau and mainland China to its gaming resort in Phnom Penh, according to media reports. Hong Kong media quoted NagaCorp chief financial officer, Philip Lee Wai Tuck, as ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=Yjk2MWM1NWYyYjY
News analysis: AEC to boost bloc's influence on global economy-- Cambodian experts
The ASEAN Economic Community (AEC), which will become a reality at the end of this year, would boost the ten- nation bloc’s influence and prestige in the global stage, according to Cambodian scholars here. ...
Xue Lei, Nguon Sovan
http://www.globalpost.com/article/6687807/2015/11/14/news-analysis-aec-boost-blocs-influence-global-economy-cambodian-experts
Bokor Resort to Open for Visitors for Late 2011
Mount Borkor Resort, the highest location in Cambodia, located near the coastline, will be inaugurated to welcome tourists from all destinations by the end of 2011, while the road climbing to the plateau’s peak and other tourism structures are about to be completed So far, the ...
Bavet prices flat
Land prices in Bavet town in Svay Rieng province have been “stable” despite a great deal of purchasing seen in early 2013, property experts said. Nuon Rithy, general manager at the Bonna Realty Group, said there have been lots of land trading in Bavet so ...
http://www.phnompenhpost.com/2013030761788/Real-Estate/bavet-prices-flat.html
Cambodian, Thai Health Ministries Cooperate On Treatment Along Border
Thai and Cambodian hospitals will work together to improve medical access along the border particularly in treating common monsoon diseases like malaria, said Public Health Ministry’s inspector-general Dr. Thawatchai Kamoltham. Dr. Thawatchai said one aim of the collaboration is to reduce treatment and medical fees for ...
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=965368
Prince Thomico denies Fresh News story that he is leading group to destroy polls
Prince Sisowath Thomico, a cousin of King Norodom Sihamoni, strenuously denied a Fresh News report that he was the mastermind behind a group of opposition activists planning to disrupt the July 29 national elections. The report on Monday said that on a recent evening, a ...
Ben Sokhean
https://www.phnompenhpost.com/national/prince-thomico-denies-fresh-news-story-he-leading-group-destroy-polls
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
Good news for clean-energy traffic
TADA, Cambodia’s fastest-growing ride-hailing app, plans to invest $20 million to produce electric tuktuks within the framework of clean energy development. ...
Jason Boken
https://www.khmertimeskh.com/50762627/good-news-for-clean-energy-traffic/
NagaCorp Holds Ground Breaking Ceremony for Naga2 Development
NagaCorp Ltd. (“NagaCorp” or the “Company”, SEHK stock code: 3918), the largest hotel, gaming and leisure operator in Cambodia, held the official ground breaking ceremony yesterday for Naga2, a large-scale mixed-use expansion that will be completed by 2015. Situated 200 meters from the existing NagaWorld, ...
City poised for shopping mall boom
After spending $30 on clothes, Chan Pheavy sat down for lunch in the food court of Sorya Mall, plunking her shopping bags on the floor beside her. “It is very comfortable to do shopping here,” Pheavy, 25, who works for a commercial bank in Phnom ...
Hor Kimsay
http://www.phnompenhpost.com/business/city-poised-shopping-mall-boom
Inside the North Korean museum in Siem Reap
For more than a year, mystery has shrouded a museum in Siem Reap. The facts have been few and the details sparse. What’s known is that a North Korean company invested about $10 million for construction, and that artists from the hermit kingdom flew in ...
http://www.phnompenhpost.com/2013010260590/National/inside-the-north-korean-museum-in-siem-reap.html