Junket investor’s profit falls but sticking to its Cambodia bets
Jimei International Entertainment Group, a Hong Kong-listed casino junket investor that promotes at least seven gaming tables in NagaWorld casino in Phnom Penh, reported a steep decline in profit during the first half of 2016 despite increased turnover. ...
Cam McGrath
http://www.phnompenhpost.com/business/junket-investors-profit-falls-sticking-its-cambodia-bets
With 1M ‘likes,’ PM says Facebook page is his
After more than two years of denials from Prime Minister Hun Sen that a Facebook fan page bearing his name really belongs to him, the premier’s cabinet has acknowledged that it does—shortly after the page garnered its one-millionth “like.” ...
Alex Willemyns and Kuch Naren
https://www.cambodiadaily.com/news/with-1m-likes-pm-says-facebook-page-is-his-95006/
PPWSA profits plunge 65%
The Cambodia Securities Exchange (CSX) ─ listed Phnom Penh Water Supply Authority (PPWSA) saw its profits plunge by more than 65 percent in the first quarter of this year with total revenue declining by more than 20 percent in the same period. ...
May Kunmakara
http://www.khmertimeskh.com/news/26616/ppwsa-profits-plunge-65-/
Travel goods exports could soar as US drops tariffs
New trade privileges that allow Cambodian-manufactured travel goods duty-free access to the United States for the first time could see exports of these items increase by over 400 per cent in the coming years, industry experts said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/travel-goods-exports-could-soar-us-drops-tariffs
Rubber producers want export taxes scrapped
A group of private sector rubber producers have petitioned the government to drop export taxes on rubber products, arguing that by scrapping the tax the sector would attract foreign investment into processing factories. ក្រុមអ្នកផលិតកៅស៊ូចង់នាំឱ្យពន្ធនាំចេញត្រូវលុបចោលក្រុមអ្នកផលិតកៅស៊ូឯកជនមួយបានដាក់ញ្ញត្តិទៅរដ្ឋាភិបាលដើម្បីទម្លាក់ចោលពន្ធនាំចេញផលិតផលកៅស៊ូ ដែលលើកឡើងថា ការមិនយកពន្ធនាំចេញនៃវិស័យនេះអាចនឹងទាក់ទាញវិនិយោគិនបរទេសមកដំឡើងរោងចក្រកែច្នៃ។ ...
Post Staff
http://www.phnompenhpost.com/business/rubber-producers-want-export-taxes-scrapped
With wage talks over, GMAC calls for focus on productivity
The Garment Manufacturers Association in Cambodia (GMAC) is looking for a renewed focus on productivity following the conclusion of this month’s minimum wage negotiations, while supporting calls for clothing buyers to implement more sustainable purchasing practices. ...
Garment Manufacturers Association in Cambodia
Factory agrees to stop poisoning neighbors
About 60 families in Battambang town gathered yesterday to demand that the owner of an ice-making factory stop releasing polluted water into the creek that runs through their neighborhood in Romchek village 5 as well as on their land. ...
Mom Kunthear
http://www.khmertimeskh.com/news/22273/factory-agrees-to-stop-poisoning-neighbors/
Old debt on agenda for PM’s Russia visit
Prime Minister Hun Sen will attempt to renegotiate the $1.5 billion of Soviet-era debt Cambodia accrued during the 1980s when he visits Russia in May, according to a post on the premier’s Facebook page. ...
Vong Sokheng
http://www.phnompenhpost.com/national/old-debt-agenda-pms-russia-visit
Massive Thai rice sell-off ‘concerning’
Thailand’s plans to sell off 11.4 million tons of its rice stockpile over the next two months is concerning Cambodia, which fears the sale will drive global prices down as the Kingdom struggles to meet its own export target. ...
May Kunmakara
http://www.khmertimeskh.com/news/24245/massive-thai-rice-sell-off----concerning---/
Pepper plantation to tip the scales
A local subsidiary of a South Korean confectionary giant is investing $40 million to develop what it claims will be the world’s largest pepper plantation on a sprawling 1,000-hectare estate in eastern Cambodia, a company executive said yesterday. ...
Cam McGrath and Cheng Sokhorng
http://www.phnompenhpost.com/business/pepper-plantation-tip-scales
Top court upholds decision to deny bail for Adhoc officials
Four senior officials for rights group Adhoc will remain behind bars after the Supreme Court on Monday upheld the Court of Appeal’s ruling that they should be held in detention while awaiting trial, but gave no reason for the decision. ...
Hopefuls duel for votes in Takeo
Residents of Takeo province’s Trapeang Thom Khang Cheung commune turned out to their local pagoda yesterday to experience something common during elections the world over but rarer in Cambodia: a public debate between the people seeking to govern them. ...
Mech Dara and Alex Willemyns
http://www.phnompenhpost.com/commune-elections/hopefuls-duel-votes-takeo
Gov’t rejects 11th-hour reprieve for Sesan dam families
An official in Stung Treng province said there was no way to grant a last-minute reprieve requested on Thursday by villagers whose homes could be flooded within days once testing of the Lower Sesan II hydropower dam begins on Saturday. ...
Aun Pheap
https://www.cambodiadaily.com/news/govt-rejects-11th-hour-reprieve-for-sesan-dam-families-132499/
Banteay Meanchey villagers seek dispute resolution
Almost 100 people from Boeung Snor village gathered at Banteay Meanchey’s Provincial Hall yesterday, demanding that provincial authorities resolve a 13-year-old dispute involving land promised to a group of Khmer Rouge defectors by the government in 1997. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/banteay-meanchey-villagers-seek-dispute-resolution
Asean property markets beckon investors
Aliwassa Pathnadabutr, managing director of property consultant CBRE Thailand, said prime residential property for rent in the Cambodian capital has posted the highest yield among all sectors at 8% per year. Selling prices remain relatively low, but rents are high. ...
Kanana Katharangsiporn
http://www.bangkokpost.com/business/news/1124901/asean-property-markets-beckon-investors
Garment workers protest at Ministry
About a thousand workers from the Southland garment factory yesterday protested outside the Ministry of Labour to demand intervention from the authorities to force the company to reinstate 10 unionists suspended from work after a strike began earlier this week. ...
Yon Sineat
http://www.phnompenhpost.com/national/garment-workers-protest-ministry
Svay Rieng victims called back to court
Svay Rieng Provincial Court has summonsed the three female workers wounded during a protest at Kao Ve Garment Factory in Manhattan Special Economic Zone for one more round of questioning before the case against the former Bavet city governor is sent for trial. ...
China dam discharges in Mekong
A large-scale hydropower dam in China began releasing a deluge of water from its overfilling reservoir on Friday, leaving downstream neighbours to fear imminent inundation. ...
Laignee Barron
http://phnompenhpost.com/national/china-dam-discharges-mekong
Cambodia expects 5 mln foreign tourists in 2015: PM
Cambodian Prime Minister Hun Sen said on Tuesday that the country is projected to receive about 5 million international visitors this year, a rise of 11 percent from 4.5 million last year. ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/cambodia-expects-5-mln-foreign-tourists-in-2015:-pm-8227
Nationality rule swayed NEC decision: Licadho chief
Pung Chhiv Kek, the president of rights group Licadho who on Tuesday turned down her nomination to the National Election Committee (NEC), said Wednesday that the ban on dual nationals sitting on the body made it difficult for her to accept the role. ...
Alex Willemyns
https://www.cambodiadaily.com/news/nationality-rule-swayed-nec-decision-licadho-chief-81302/