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Tax revenues from casinos climb 25 per cent in 2011

The Kingdom’s 27 casinos are set to generate about US$20 million in tax revenue for the government in 2011, a 25 per cent year-on-year increase, according to the Ministry of Economy and Finance. At least one government official, however, said the lack of a regulatory regime ...

http://www.phnompenhpost.com/index.php/2011122853644/Business/tax-revenues-from-casinos-climb-25-per-cent-in-2011.html

Lucky sells big stake to Asian retail giant

Big Asian retailer Dairy Farm Group has formed a joint venture with Cambodia’s Lucky Market Group, the operator of Lucky Supermarket and Lucky Burger, according to an announcement yesterday. LMG, which opened its first supermarket in 1993, will join a stable of brands already controlled by ...

http://www.phnompenhpost.com/index.php/2012031354993/Business/lucky-sells-big-stake-to-asian-retail-giant.html

RCAF seeks Chinese language aid

RCAF deputy commander General Ith Sarath has requested the Chinese military help teach the Chinese language to military officials. Gen Sarath on Monday met with Brigadier General Xu Wenhua, deputy director of the Royal Academy of Artillery and Air Defence of the Chinese People’s Liberation Army ...

Khy Sovuthy
https://www.khmertimeskh.com/50622468/rcaf-seeks-chinese-language-aid/

Construction workers call for safety measures from ministry

An estimated 200 members of construction sector unions gathered in front of the Ministry of Labour and Vocational Training on the World Day for Safety and Health at Work on Sunday to deliver petitions asking for issues facing construction workers to be addressed. ...

Long Kimmarita
https://www.phnompenhpost.com/national/construction-workers-call-safety-measures-ministry

No sign of relief for rice industry

As the harvest season of Cambodia’s most important crop kicks off, a crisis is looming as both rice farmers and millers face crippling capital shortages and a promised industry lifeline has yet to materialise. Industry experts said yesterday that these small farmers desperate to pay their ...

Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/no-sign-relief-rice-industry

Indonesia needs cheaper rice

Indonesia would consider buying more rice from Cambodia if the price was more competitive, the Indonesian ambassador to Cambodia told reporters after the Indonesian Trade and Tourism Promotion 2016 expo in Phnom Penh on Friday. Ambassador Pitono Purnomo said that Cambodia and Indonesia signed a ...

Sok Chan
http://www.khmertimeskh.com/news/30146/indonesia-needs-cheaper-rice/

NGOs say HIV tests in Peam must go on

Multiple Cambodian HIV NGOs yesterday questioned the wisdom of discontinuing mass HIV testing at Kandal province’s Peam village, where a disproportionate cluster of infections has been discovered in recent weeks. ...

Jack Davies
http://www.phnompenhpost.com/national/ngos-say-hiv-tests-peam-must-go

Japan to help children cope with disabilities

The Japanese Embassy granted $256,317 in development aid to Cambodia on Monday, to be used by the Association for Aid and Relief, Japan (AAR Japan) to promote the educational inclusion of children with disabilities. ...

Tin Sokhavuth
http://www.khmertimeskh.com/news/26895/japan-to-help-children-cope-with-disabilities/

Plans for US resort

A large US-based international hotels and resorts group plans to invest close to $120 million in a multi-resort development project in Preah Sihanouk province. ...

Sum Manet
http://www.khmertimeskh.com/news/27906/plans-for-us-resort/

PM calls for more connectivity

Prime Minister Hun Sen has urged all the leaders of the 51 countries of Asia and Europe to use all their resources, especially China-backed funds, to improve connectivity between the regions. ...

May Kunmakara
http://www.khmertimeskh.com/news/27406/pm-calls-for-more-connectivity/

Joint online tax system

The Ministry of Commerce and the Ministry of Economy and Finance’s general taxation department plan to jointly operate an online business tax registration system in a bid to strengthen tax collection in the country and root out corruption. Sok Sopheak, under-secretary of state of the Ministry ...

Chea Vannak
http://www.khmertimeskh.com/news/29545/joint-online-tax-system/

Ministry warns of possible flooding

The Ministry of Water Resources and Meteorology yesterday warned local authorities and people throughout the country to pay close attention and use caution as heavy rain, which could lead to flooding, was expected throughout the country this week. Water Resources and Meteorology Minister Lim Kean Hor ...

Mom Kunthear
http://www.khmertimeskh.com/news/29658/ministry-warns-of-possible-flooding/

Exports to US rise over 9 percent last year

With the American economy expanding, Cambodia’s total export to the country increased  slightly more than 9 per cent last year over 2014, the latest US trade data shows. ...

May Kunmakara
http://www.khmertimeskh.com/news/21104/exports-to-us-rise-over-9-percent-last-year/

Cheaper internet next year

A new submarine telecoms cable due for completion in early 2017 will strengthen existing internet networks, increase capacity and lower costs, according to the company installing the cable. Yves Shaeffer, CEO of EZECOM, which owns Telcotech that is installing the Malaysia-Cambodia and Thailand (MCT) submarine cable, ...

Sok Chan
http://www.khmertimeskh.com/news/31246/cheaper-internet-next-year/

Friendship city planned

A $1.5 billion new satellite city called the Cambodia-China Friendship City is to be built in the capital’s northern suburbs next year adjoining the Ly Yong Phat Satellite City. According to local media reports, the construction of the friendship city would be undertaken jointly by the ...

Chea Vannak
http://www.khmertimeskh.com/news/32345/friendship-city-planned/

Cambodia joins global infrastructure fund in Davos

Cambodia has become the first Asian country to sign on to the Sustainable Development Investment Partnership (SDIP), a global initiative that aims to unlock the funding of infrastructure projects through public-private sector partnerships. ...

Kali Kotoski
http://www.phnompenhpost.com/business/cambodia-joins-global-infrastructure-fund-davos

PM blames Cambodia’s logging problem on opposition

Prime Minister Hun Sen yesterday blamed Cambodia’s rampant deforestation on local villagers who he claimed had been “incited” by the opposition to clear the forestland, though conservationists were quick to point out that those behind illegal logging are actually often powerful tycoons connected to the ...

Ben Sokhean
http://www.phnompenhpost.com/national/pm-blames-cambodias-logging-problem-opposition

China investment in energy 'crucial' to Cambodia

Cambodian Minister of Industry, Mines and Energy on Thursday hailed Chinese companies for hugely investing in the country’s energy sector, which is a key element to support the sustainable social and economic development. Suy Sem’s appreciation was made during a bilateral meeting with Wu Yin, ...

http://www.chinadaily.com.cn/business/2012-09/13/content_15756465.htm

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