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SEZ adds to tycoon’s growing portfolio

Okhna Try Pheap’s ballooning empire of exclusive natural resource licences and concessions has been expanded even further with the granting of a special economic zone (SEZ) in Ratanakkiri province. The May 27 issue of the Royal Gazette reveals Pheap was granted a 136-hectare SEZ in O’Yadav ...

http://www.phnompenhpost.com/2013061266216/National/sez-adds-to-tycoon-s-growing-portfolio.html

Obama steers US towards focus on Asia

On his first foreign trip since Tuesday’s election, US President Barack Obama is planning a historic visit to encourage reforms in Myanmar – seen as a key success during his first term – and he’ll also go to Thailand and Cambodia. Secretary of State Hillary Clinton ...

http://www.skynews.com.au/world/article.aspx?id=815309

Vietnam rubber tycoon rejects land grabbing accusations

A Vietnamese rubber tycoon has rejected accusations by Global Witness, a group that campaigns on resource issues, that it was involved in a land grabbing crisis in Southeast Asia. Doan Nguyen Duc, the chairman of Hoang Anh Gia Lai (HAGL) Group, told Vietnamese media the information ...

http://www.thanhniennews.com/index/pages/20130514-vietnam-rubber-tycoon-rejects-land-grabbing-accusations.aspx

Families in Try Pheap dispute petition governor

Representatives of 142 families from Pursat province’s Veal Veng district filed complaints with the provincial governor Monday seeking intervention in their land dispute with powerful timber and casino magnate Try Pheap. ...

Kuch Naren
http://www.cambodiadaily.com/news/families-in-try-pheap-dispute-petition-governor-70405/

VN nationals arrested on kidnapping charge

Four Vietnamese nationals were jailed on kidnapping charges in Svay Rieng province on Saturday after allegedly detaining two of their countrymen over gambling debts in a casino in Bavet town.​ ...

Kim Sarom
http://www.phnompenhpost.com/national/vn-nationals-arrested-kidnapping-charge

Cambodian slots help offset EGA’s losses

European Gaming machine supplier and casino operator Entertainment Gaming Asia Inc reported consolidated revenues of $7.3 million in 4Q15, a decrease of 12 per cent compared to the same period a year earlier. ...

Post Staff
http://www.phnompenhpost.com/business/cambodian-slots-help-offset-egas-losses

Cambodia’s tourism anchored to Angkor

More than 90% of tourists visiting Cambodia will end up at Siem Reap’s world heritage site Angkor Wat, despite efforts to open other areas of the country to tourism. Officials attending the Asean Tourism Forum admitted that efforts to convince tour operators to include trips to ...

TTR Weekly News Staff
http://www.ttrweekly.com/site/2014/01/cambodias-tourism-anchored-to-angkor/

NagaWorld sees revenue jump 42% in first half

Cambodia’s largest casino NagaWorld’s gross gaming revenue (GGR) grew for the first semester this year by 42 per cent to $255.4 million, compared to the $180.3 million reported for the same period in 2014. ...

Ayanna Runcie
http://www.phnompenhpost.com/business/nagaworld-sees-revenue-jump-42-first-half

Union leader Morm Rithy convicted for criticizing Chinese-owned Jin Bei Casino two years ago

Union leader Morm Rithy was arrested after being convicted on charges of incitement to commit a crime following a lawsuit by Chinese-owned Jin Bei Group and has been sent to Prey Sar prison where he will serve an 18-month sentence. ...

Khuon Narim and Ly Rosslan
https://cambojanews.com/union-leader-morm-rithy-convicted-for-criticizing-chinese-owned-jin-bei-casino-two-years-ago/

Families shift from traditional to organic farming methods

The SAC, an investment initiative by the Japanese government, enables farmers in the province to enhance the quality of their yield and sell their crops to high-end buyers, including casinos and upscale restaurants in Bavet city and Phnom Penh.​ ...

Pav Suy
https://www.khmertimeskh.com/50518904/families-shift-from-traditional-to-organic-farming-methods/

Prime minister warns ‘bad officials’ over building violations

Days after City Hall ordered NagaWorld casino to halt its expansion because it was damaging Phnom Penh’s beauty, Prime Minister Hun Sen on Sunday warned “bad officials” to stop allowing construction projects to damage the country’s aesthetic allure. ...

Kang Sothear
https://www.cambodiadaily.com/news/prime-minister-warns-bad-officials-over-building-violations-99703/

Nagaworld expansion suspended

The controversial expansion of NagaWorld casino in Phnom Penh has been temporarily halted after an inspection of the construction site led Prime Minister Hun Sen to judge that it was interfering with the city’s beauty, according to City Hall. ...

Sek Odom
https://www.cambodiadaily.com/news/nagaworld-expansion-suspended-99673/

Gaming firm cashes out of NagaWorld deal

Pan-Asian gaming company Entertainment Gaming Asia Inc (EGA) will sell 670 of its electronic gaming machine (EGM) seats placed at NagaWorld casino in Phnom Penh to an unnamed Cambodian firm for $2.5 million, the Nasdaq-listed company announced on Wednesday. ...

Cam McGrath
http://www.phnompenhpost.com/business/gaming-firm-cashes-out-nagaworld-deal

Structure removed from Buddhist Institute land

A temporary structure built on the Buddhist Institute’s land by Na­gaCorp, which added to swirling rumors late last year that the growing casino empire was planning to develop the land and prompted hundreds of monks to march in protest, has been removed. ...

Khuon Narim
https://www.cambodiadaily.com/news/structure-removed-from-buddhist-institute-land-75808/

Ten Indonesians return home after ambassador’s intervention

Following the intervention of Indonesia’s ambassador to Cambodia last week, 10 Indonesian nationals left the country Sunday after being released by police in Kandal province, where they were being held over a $161,000 theft at a local casino, an embassy official said. ...

Chris Mueller and Mech Dara
https://www.cambodiadaily.com/news/ten-indonesians-return-home-after-ambassadors-intervention-84673/

Sihanoukville police raid home of wanted Russian

Police in Sihanoukville on Tuesday raided the rented house of a Russian businessman who is wanted by local authorities for ordering a violent attack at the Queenco casino in February, but came up empty- handed, an official said. ...

Ouch Sony
https://www.cambodiadaily.com/news/sihanoukville-police-raid-home-of-wanted-russian-81617/

Jimei Intl Cambodia plan likely in Sihanoukville: analyst

The ‘entertainment resort’ that Hong Kong-listed casino junket investor Jimei International Entertainment Group Ltd wants to develop in Cambodia is likely to be located in the coastal resort town of Sihanoukville (pictured), on the Gulf of Thailand, says Union Gaming Securities Asia Ltd. ...

Newsdesk
http://www.ggrasia.com/jimei-intl-cambodia-plan-likely-in-sihanoukville-analyst/

Malaysian firm wagers on Sihanoukville's potential

An obscure Malaysian company has obtained approval from Cambodia’s Council of Ministers to develop hotels and casinos in Sihanoukville, with an online promotional video claiming the firm will transform the coastal city into the “Macau of Southeast Asia.”     ...

Sor Chandara
http://www.phnompenhpost.com/business/malaysian-firm-wagers-sihanoukvilles-potential

Preah Sihanouk authorities warn of clampdown on employee abuse

The Preah Sihanouk Provincial Administration has warned of legal action against any employers of establishments in the province, such as hotels or casinos, who force force their employees to work overtime or try to detain them against their will for any reason. ...

Lay Samean
https://www.phnompenhpost.com/national/preah-sihanouk-authorities-warn-clampdown-employee-abuse

Government Expects 14.5 Percent Rise in State Revenue

The government plans to raise $3.51 billion in state revenue in 2014 in order to finance a $3.4 billion draft budget, an increase of about 14.5 percent compared to the previous year, when the government raised $2.98 billion in revenue, according to a draft of ...

Hul Reaksmey
http://www.cambodiadaily.com/news/government-expects-14-5-percent-rise-in-state-revenue-46807/

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