Cambodia: local people risk everything to defend national park sold off to highest bidders
Botum Sakor national park is one of Cambodia’s biodiversity hotspots, where indigenous tribes have long lived in harmony with the forest and its wildlife, writes Rod Harbinson. But now they are being violently evicted as the park is being sold off piecemeal to developers for ...
Rod Harbinson
http://bit.ly/1NdKSoz
Human traffickers use social media to lure job seekers to Cambodia
Human traffickers in Việt Nam are finding ever more inventive ways to lure potential victims overseas for exploitation. Through social media networks like Facebook or Zalo, they are offering well-paid jobs at casinos or online games in Cambodia, before springing their trap. ...
Khmer Times Staff
https://www.khmertimeskh.com/501004569/human-traffickers-use-social-media-to-lure-job-seekers-to-cambodia/
Sea Clashes Loom Over Southeast Asia Summit
Tiny Cambodia is emerging as a key pawn in the diplomatic struggle over one of the world’s busiest stretches of water: the potentially energy-rich South China Sea. The country of 15 million people is this year hosting a series of regional summits in which China’s claims ...
http://online.wsj.com/article/SB10001424052702304177104577308972320988892.html?mod=googlenews_wsj
Some Return After Eviction From Coastal Resort Development
Thousands of people have been evicted from their homes to make way for a Chinese development in Koh Kong province. But some of the families have returned to their land, leaving a relocation site they say was insufficient for their needs. For families like those of ...
Naga CEO Lip Keong seeking majority stake
Nagacorp Ltd, the operator of Phnom Penh’s NagaWorld hotel and casino complex, announced that the company’s chief executive, Chen Lip Keong, has submitted a proposal to shareholders and the Hong Kong Stock Exchange that would allow him to divest his personal investment of $369 million ...
Post Staff
http://www.phnompenhpost.com/business/naga-ceo-lip-keong-seeking-majority-stake
Cambodia, China committed to raising bilateral trade to $10 bn by 2023
Cambodia’s export of goods to China saw a significant rise, valued over $1.1 billion in the third quarter this year—a year-on-year increase of 52.74 per cent, according to figures from the former’s ministry of commerce. Both sides are committed to raising bilateral trade to $10 ...
Khmer Times Staff
https://www.khmertimeskh.com/50966092/cambodia-china-committed-to-raising-bilateral-trade-to-10-bn-by-2023/
Trade with UK dips 10.5% to $785M
Bilateral trade between Cambodia and the UK reached more than $785 million in 2021, down by more than 10.48 per cent year-on-year, according to the Ministry of Commerce. ...
Hom Phanet
https://www.phnompenhpost.com/business/trade-uk-dips-105-785m
Trade with UK dips 10.5% to $785M
Bilateral trade between Cambodia and the UK reached more than $785 million in 2021, down by more than 10.48 per cent year-on-year, according to the Ministry of Commerce. ...
Hom Phanet
https://www.phnompenhpost.com/business/trade-uk-dips-105-785m
Cambodian exports to Japan increase by 10.7%
In the first 10 months of 2022, Cambodia exported $1,658 million products to Japan – mostly sewing supplies, leather goods, bags and footwear – representing a 10.7 percent YOY increase ...
Mao Sreypich
https://kiripost.com/stories/cambodian-exports-to-japan-increase-by-107
Lockdown against COVID-19 hampers Century Entertainment’s launch of new Cambodian casino
Strict lockdown measures in place nationwide, implemented on July 29 has again hampered the opening of Century Entertainment’s launch of new Cambodian casino in Koh Kong. ...
Khmer Times Staff
https://www.khmertimeskh.com/50908972/lockdown-against-covid-19-hampers-century-entertainments-launch-of-new-cambodian-casino/
Gaming outfit reports loss
Entertainment Gaming Asia Inc (EGA), a NASDAQ-listed company that supplies NagaWorld Casino with slot machines and operates Casinos in Poipet town and Pailin province, reported a net loss of $385,000 from continuing operations in the second quarter of 2013, according to a statement from the ...
http://www.phnompenhpost.com/business/gaming-outfit-reports-loss
Sihanoukville aims to reform tourism landscape
Preah Sihanouk province plans to attract a new type of Chinese investor which could restore the image of Sihanoukville as a tourist city and shift investment away from casinos. In a meeting with Chinese embassy officials in August, provincial governor Kuoch Chamroeun said the current ...
Hin Pisei
https://www.phnompenhpost.com/business/sihanoukville-aims-reform-tourism-landscape
Thirteen Arrested for Illegal Online Gambling
Nine South Koreans and four Cambodian nationals allegedly participating in an illegal gambling operation in Siem Reap City were sent to the provincial court for questioning Monday, police officials said. The suspects were arrested Saturday night along with 21 Cambodian women when police raided an illegal ...
Saing Soenthrith
http://www.cambodiadaily.com/news/thirteen-arrested-for-illegal-online-gambling-47277/
Oddar Meanchey sanctuary planted with 10,000 saplings
Forest rangers at the O’phal headquarters in the Sorng Rukhavoan Wildlife Sanctuary in Oddar Meanchey province planted 10,000 luxury tree saplings earlier this year as part of the provincial Department of Environment’s plan to restore 3ha of forest in the province each year. ...
Khorn Savi
https://www.phnompenhpost.com/national/oddar-meanchey-sanctuary-planted-10000-saplings
FAST payment system transfers top 10B riel
Six months since the central bank launched its FAST payment system, a new scheme to provide instant riel-denominated fund transfers between financial institutions and their clients, the bank recorded a total fund transfer of 10 billion riel ($2.5 million) as of end-2016. ...
Hor Kimsay
http://www.phnompenhpost.com/business/fast-payment-system-transfers-top-10b-riel
Lumpy Skin outbreak affects 10,000 cattle
About 10,000 heads of cattle across 20 provinces, especially along the Thai border, have been infected with Lumpy Skin Disease (LSD), and about 1% of those sick cattle have died, which were mostly calves. ...
Chhun Sun Ly
https://www.khmertimeskh.com/50920972/lumpy-skin-outbreak-affects-10000-cattle/
Director General of Taxation says tax collection over past 10 years exceeded target each year
Kong Vibol, Minister Delegate to the Prime Minister and Royal Government Delegate in charge of the General Director of the General Department of Taxation affirmed that in the past 10 years, the General Department of Taxation’s tax revenue collection has been stable, showed good growth ...
Khmer Times Staff
https://www.khmertimeskh.com/50995098/director-general-of-taxation-says-tax-collection-over-past-10-years-exceeded-target-each-year/
National Bank of Cambodia launches 10 policies to support Cambodia’s economic growth in 2022
The National Bank of Cambodia will introduce 10 main policies to support the sustainable economic growth and recovery in 2022. The 10-point policy will fully support the growth of the national economy, which continues to be threatened by the COVID-19 pandemic and its mutations. ...
Khmer Times Staff
https://www.khmertimeskh.com/501007788/national-bank-of-cambodia-launches-10-policies-to-support-cambodias-economic-growth-in-2022/
25% jump in ‘newly poor’ in 10 months during Covid-19
The number of people classified as poor has gone up by 25 percent in the 10 months from June 2020 to April 2021 in Cambodia due to income decline and job losses following the spread of Covid-19, said a survey by the Asia Foundation. ...
Manoj Mathew
https://www.khmertimeskh.com/501146871/25-jump-in-newly-poor-in-10-months-during-covid-19/
Banks projected to grow at 10 percent in 2024
Cambodian banks might see growth of around 10 percent in 2024, said bankers. Industry insiders say that the banking growth of the past of 20 percent is no longer possible. ...
Rachel David
https://www.khmertimeskh.com/501503722/banks-projected-to-grow-at-10-percent-in-2024/