Cambodia okays LYP Group casinos' online gambling sites
Cambodia has given permission for three L.Y.P. Group casinos to launch online gambling operations.The L.Y.P. Group, which is run by Cambodian People’s Party Senator Ly Yong Phat, operates three casinos on the country’s border with Thailand; the Koh Kong Resort on the country’s southern coast, ...
Steven Stradbrooke
http://calvinayre.com/2015/11/19/casino/cambodia-okays-lyp-group-casino-online-gambling-sites/
NGOs slam the new Mekong dam
Environmental organizations and civil society groups have expressed concern at plans to build another dam along the Mekong River in Laos and asked the Lao government to suspend the project due to the effects it will have on communities, water flow and fishery resources in ...
Pech Sotheary
http://www.khmertimeskh.com/news/35615/ngos-slam-the-new-mekong-dam/
Will move to cap microfinance interest rates backfire on CPP?
The ruling CPP doubled down on Tuesday on its decision to cap interest rates on microfinance loans as a way to help the poor get out of debt, even as analysts called it a political move that would have long-term negative effects on the rural ...
Hang Sokunthea and Matt Surrusco
https://www.cambodiadaily.com/news/will-move-to-cap-microfinance-interest-rates-backfire-on-cpp-126564/
China to work further with Mekong countries in water resources
China is ready to consolidate political trust with the five countries along the Lancang-Mekong River, and further cooperate with them in areas of water resources, drought and flood prevention, industrial capacity, agriculture, and human resources, Premier Li Keqiang said on Wednesday. Li made the remarks ...
Zhang Yue
http://www.chinadaily.com.cn/a/201801/11/WS5a5727eba3102c394518e98a.html
Rainsy officially launches Cambodia National Rescue Movement, lays out five-point plan
Yesterday, Rainsy said the new Cambodia National Rescue Movement had a five-part plan, starting with appealing to the international community to take action. The next step is to work with “economic” partners to put financial pressure on the government.Next, Rainsy said the movement will encourage ...
Niem Chheng and Andrew Nachemson
https://www.phnompenhpost.com/national-politics/rainsy-officially-launches-cambodia-national-rescue-movement-lays-out-five-point
Revenue rises in Q3 at capital’s water firm
The capital’s listed water utility posted higher revenue against lower earnings during the third quarter of the year in a filing to the Cambodian stock exchange yesterday. Phnom Penh Water Supply Authority (PPWSA) saw its revenue rise by $1 million, or 8 percent, year-on-year to $13.9 ...
Post Staff
http://www.phnompenhpost.com/business/revenue-rises-q3-capitals-water-firm
Sub-decree to transfer health services ‘closer to the people’
The National Committee for Sub-National Democratic Development (NCDD) has approved a draft sub-decree to improve the provision of health services in a quality, safe, effective and equitable manner. ...
Mech Dara
https://www.phnompenhpost.com/national/sub-decree-transfer-health-services-closer-people
National economy experiencing robust growth: WB
The bank’s Cambodia Economic Update Report released yesterday said that Cambodia’s real growth of Gross Domestic Product (GDP) is forecast to decelerate to 7 percent in 2019, down from 7.5 percent in 2018. ...
Sok Chan
https://www.khmertimeskh.com/50664637/national-economy-experiencing-robust-growth-wb/
Japanese Investment in Cambodia Grows, but Hurdles Remain
Japanese Investment in Cambodia is steadily increasing as a result of sharply rising wages in China and other Southeast Asian nations. But experts warned this week that for sustained investment growth and to avoid driving Japanese companies to other attractive investment destinations such as Burma ...
http://www.cbre.com.kh/2012/11/japanese-investment-cambodia-grows-hurdles-remain/
Electricity Vietnam No Longer Involved in Lower Sesan 2 Dam
Electricity Vietnam International (EVNI), a subsidiary of Vietnam’s state-owned electricity giant EVN, is no longer involved in the Lower Sesan 2 dam, a Vietnamese Embassy official confirmed yesterday. Cambodian conglomerate Royal Group and China’s Hydrolancang International Energy Co. Ltd. on Monday signed an agreement in Phnom ...
http://www.cambodiadaily.com/news/electricity-vietnam-no-longer-involved-in-lower-sesan-2-dam-6363/
SEZ Shooting Victims Called for Questioning
The Svay Rieng Provincial Court has issued summonses to question three women who were allegedly shot by a government official during a protest at a special economic zone (SEZ) in February, a court official and the plaintiffs said yesterday. About 20 eyewitnesses have already been questioned ...
The Week at the CSX - Calm Waters
The price of Phnom Penh Water Supply Authority (PPWSA) stock increased slightly to KHR 6,400 (US$1.57) on July 2 and remained at that level until July 5, while general trading volumes stayed between 10,000 to 12,000 shares except on July 2, when the volume dipped to just 2,200. The price increased ...
Opposition party calls for land concession tax raise
Opposition party whip Son Chhay reiterated his call at a press conference yesterday for the government to raise taxes on economic land concessions from $5 to $7 a hectare up to $70 through an amendment to the draft of the 2013 budget. The Sam Rainsy Party ...
http://www.phnompenhpost.com/index.php/2012120560103/National-news/up-land-concession-tax-srp.html
Cambodia Sees Opportunity for US Investment in Agriculture
Cambodian Commerce Minister Cham Prasidh sees great potential for US companies that want to invest in agriculture, where he says they can do legitimate business relatively free from the graft as Cambodia makes anti-corruption headway. Cham Prasidh was in Washington last week, where he and other ...
http://www.voacambodia.com/content/cambodia-least-competitive-in-region-on-global-index/1559776.html
Vietnam Confirms Stake in Sesan Dam Bought by Chinese Firm
A representative of Vietnamese state-owned electricity giant Electricity Vietnam International (EVNI) confirmed yesterday that their stake in a dam project in Stung Treng province has been bought out by their Cambodian and Chinese business counterparts. While Royal Group chairman Kith Meng has maintained that EVNI still ...
Logger Reported Dead as Rosewood Trade Directive Announced
Amid reports that a second Cambodian has been killed this year by Thai armed forces while illegally logging in Thai border territory, officials had little detail yesterday on a government directive that is aimed at ending the international demand for rosewood from Cambodia. Prime Minister Hun ...
Borei Keila Evictees Protest Delayed Court Hearing
About 20 former residents for the Borei Keila community protested outside the Phnom Penh Municipal Court yesterday after a judge delayed a hearing regarding their land dispute with the powerful Phanimex company, a lawyer for the residents said. The residents filed a complaint against Phanimex ...
ASEAN: more unity among members needed
Further comprehensive economic co-operation and expansion among ASEAN’s member states, East Asia and its development partners was imperative for managing risks and impacts from the fragile global economy, Prime Minister and ASEAN chairman Hun Sen said during the ASEAN Global Dialogue yesterday. The dialogue brought together ...
Hong Kong bans eggs from Cambodia
Hong Kong has banned egg imports from Cambodia due to the country’s recent avian influenza outbreak, which claimed four lives last month. “Hong Kong does not import live poultry or poultry meat from Cambodia, but 170,000 poultry eggs were imported from there last year,” the ...
http://www.phnompenhpost.com/2013020561181/National/hong-kong-bans-eggs-from-cambodia.html
Conservation Efforts Boost Crab Production
Improved quality coupled with growing international demand has sent crab prices escalating over the past year, officials said on Wednesday. In some provinces, the price has jumped as much as 66 percent during the past 12 months. Lang Kery, chief of the Koh Kong provincial Fishery Administration’s ...