Nagacorp could bid on Cyprus casino licence
Nagacorp Ltd, the parent company of NagaWorld, Cambodia’s biggest casino, is expected to bid on a licence to operate the first casino resort in Cyprus, according to a media report from the Mediterranean island. ...
Post Staff
http://www.phnompenhpost.com/business/nagacorp-could-bid-cyprus-casino-licence
Cambodia gets about 320 mln USD investment from ASEAN last year
Cambodia attracted the fixed asset investment of 319.4 million U.S. dollars from its ASEAN member states in 2015, up 56 percent from a year earlier, according to a government report on Tuesday. ...
Song Miou
http://news.xinhuanet.com/english/2016-02/02/c_135068319.htm
Refugee deal alive and well, ministry says
Australian Ambassador Angela Corcoran and Cambodian Foreign Affairs Minister Prak Sokhonn reaffirmed their two countries’ commitment to a controversial and unpopular refugee resettlement deal they struck in 2014, a spokesman for the minister said on Thursday. ...
Khy Sovuthy
https://www.cambodiadaily.com/news/refugee-deal-alive-and-well-ministry-says-116304/
$6 billion in building projects
During the past five years the government approved close to $6.83 billion worth of investments in 1,183 construction projects, according to a senior official from the Ministry of Land Management, Urban Planning and Construction. ...
Sum Manet
http://www.khmertimeskh.com/news/28404/-6-billion-in-building-projects/
Tax revenue rises 20%
Tax revenue in the first seven months of the year was $955 million, an increase of 18.91 percent over the same period last year, according to a report from the General Department of Taxation (GDT). ...
Sum Manet
http://www.khmertimeskh.com/news/28505/tax-revenue-rises-20-/
Third undersea cable to plug kingdom into data fast lane
The government has contracted the private sector to build a third submarine communications cable linking Cambodia to a major international telecommunications artery in a bid to significantly increase internet speed while helping to bring down prices. ...
Sor Chandara
http://www.phnompenhpost.com/business/third-undersea-cable-plug-kingdom-data-fast-lane
Labor ministry seeking arrests over factory closure rumors
The Labor Ministry has called on authorities to find the source of rumors that the country’s garment factories were planning to close for the month of December and arrest those responsible, according to a statement issued Saturday. ...
Aun Pheap
https://www.cambodiadaily.com/news/labor-ministry-seeking-arrests-over-factory-closure-rumors-101457/
Parties seek to mend ‘culture of dialogue’
Six opposition lawmakers have been assigned to a committee to repair the so-called culture of dialogue with the ruling party, which has yet to announce candidates for its own working group to tackle the issue. ...
Meas Sokchea
http://www.phnompenhpost.com/national/parties-seek-mend-culture-dialogue
Flow of drugs through Cambodia on the rise
The relaxing of trade restrictions in Southeast Asian countries has also increased the flow of illegal drugs into the region, according to a report released by the U.N. Office on Drugs and Crime on Thursday. ...
Taylor O'Connell
https://www.cambodiadaily.com/news/flow-of-drugs-through-cambodia-on-the-rise-109030/
Magistracy meet calls for order in the court
Judge and prosecutors were called to a two-day workshop to address the sector’s pervasive ethics challenges, but legal experts said change could not occur until there were concrete rules, instead of vague moral guidelines. ...
Mech Dara and Erin Handley
http://www.phnompenhpost.com/national/magistracy-meet-calls-order-court
Thai paint manufacturer to build new factory
Thai paint manufacturer TOA Paint (Thailand) plans to invest at least 1 billion baht (about $28.2 million) in three new factories in Cambodia, Myanmar and Indonesia, according to a report in Thai newspaper The Nation. ...
Sum Manet
http://www.khmertimeskh.com/news/23284/thai-paint-manufacturer-to-build-new-factory/
Pardons unlikely for Khmer new year
The Ministry of Justice has announced it is unlikely that any Royal pardons granting inmates amnesty or reductions in prison sentences will be given ahead of the Khmer New Year, according to a ministry spokesman yesterday. ...
Ros Chanveasna
http://www.khmertimeskh.com/news/23638/pardons-unlikely-for-khmer-new-year/
Unionists freed after strike called off in Kampot
The Kampot Provincial Court on Thursday released three union leaders without charge after the Cambo T.D.G. garment factory dropped its complaint against the trio in return for an end to a two-week strike. ...
Khuon Narim
https://www.cambodiadaily.com/news/unionists-freed-after-strike-called-off-in-kampot-115168/
Chinese dual tax burden relieved
An extensive tax treaty that would shield Chinese businesses operating in the Kingdom from double taxation, and vice versa, has been drafted and is expected to be approved imminently, according to a senior Cambodian tax official. ...
Kali Kotoski
http://www.phnompenhpost.com/business/chinese-dual-tax-burden-relieved
CSX listed companies show good Q1 results
Two listed state-owned enterprises – Phnom Penh Water Supply Authority (PPWSA) and Phnom Penh Autonomous Port (PPAP) showed better results in the first quarter of the year due to a rise in revenue. ...
May Kunmakara
http://www.khmertimeskh.com/news/38598/csx-listed-companies-show-good-q1-results/
Government stonewalling on relocating refugees?
Refugee advocates have welcomed plans from the United Nations to relocate 36 Montagnard asylum seekers to a third country, but the Cambodian government yesterday remained silent as to why it has so far failed to cooperate. ...
Erin Handley and Ananth Baliga
http://www.phnompenhpost.com/national/government-stonewalling-relocating-refugees
CNRP members ‘seek asylum’
Members of the opposition Cambodia National Rescue Party have started applying for asylum in other countries amid a tightening crackdown on the party at home, according to a senior party official who is himself seeking asylum. ...
Ben Sokhean
http://www.phnompenhpost.com/national/cnrp-members-seek-asylum
Foreign Minister hopes trip to Indonesia will boost relations
Foreign Minister Prak Sokhonn will travel to Indonesia for a three-day goodwill visit to boost bilateral ties between the two countries from tomorrow until Saturday, according to a statement from the Foreign Affairs Ministry yesterday. ...
Ros Chanveasna
http://www.khmertimeskh.com/50105501/foreign-minister-hopes-trip-to-indonesia-will-boost-relations/
Preliminary negotiations over Block D exploration begin
A Chinese-based oil exploration company and a Canadian partner have entered into preliminary negotiations with the government to obtain an exploration license in Block D in the Gulf of Thailand, according to a government spokesman. ...
Hor Kimsay
http://www.phnompenhpost.com/business/preliminary-negotiations-over-block-d-exploration-begin
Logging busts persist as tycoon implicated
Two separate timber busts in recent days netted some 300 pieces of illegally transported wood in Stung Treng belonging to a prominent businessman, and several hidden timber stockpiles at a military officer’s Kampong Speu lumberyard. ...
Phak Seangly
http://www.phnompenhpost.com/national/logging-busts-persist-tycoon-implicated