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Casino to open in Ratanakkiri this August

A new US$3.5 million casino will open in Ratanakkiri province, according to a representative of Try Pheap Import Export Company. “We’ll have a similar kind of casino to what they have in Bavet,” Bee Chivoan Dara said. Try Pheap Mittapheap Casino Entertainment Resort is built on more ...

http://www.phnompenhpost.com/index.php/2012051756210/Business/casino-to-open-in-ratanakkiri-this-august.html

Appeal Begins in Cambodia-Related Fraud Case

An appeal hearing in South Korea involving the CEOs behind two major property projects in Cambodia involved in a massive fraud scandal is scheduled to begin today, an official at the court in Seoul said. in February, a Seoul court sentenced a raft of executives of ...

Storms swamp capital streets in drain strain

Despite recent efforts by the authorities to improve drainage systems around the capital, heavy flooding and swamped roads were the norm over the past week as the kick-off to the rainy season saw pelting rain almost every afternoon, residents say. Old drainage systems put in place ...

http://www.phnompenhpost.com/index.php/2012052256307/National-news/drain-strain-storms-swamp-capital-streets.html

Villagers in Land Dispute Questioned by Court

The Phnom Penh Municipal Court yesterday questioned four Russei Keo district villagers from two families who have been embroiled in a land dispute for two years with a local businessman, lawyers said yesterday. The families are accused of physically attacking landowner Lao Tong Ngy, a man ...

Defence homes in on assumptions of rank

During the final day of testimony by Sar Kimlomouth at the Khmer Rouge tribunal yesterday, the defence team for co-accused Khieu Samphan sought to weaken the ties between their client and the Ministry of Commerce, within which Sar Kimlomouth, a former banker within Democratic Kampuchea, ...

http://www.phnompenhpost.com/index.php/KRTalk/defence-homes-in-on-assumptions-of-rank.html

Five People Released in Kratie Insurrection Case

The Kratie Provincial Court has released on bail five of the eight people charged after a military-style operation by security forces on a small village alleged to be the home of a secessionist movement, a court official said yesterday. On May 16, a 14-year-old girl was ...

Workers' protest in Phnom Penh pays off

Garment workers who claim their employer was docking their pay for wearing shoes on the job will return to work today after their two-day strike ended with some demands being met. More than 300 workers from Horus industrial Corp sports­wear factory in Phnom Penh’s Meanchey district ...

http://www.phnompenhpost.com/index.php/2012060856672/National-news/strike-action-pays-off.html

Court Clears Leopard Capital in Loan Case

The Court of Appeal yesterday dismissed a complaint by the Canadian-Cambodian shrimp manufacturer Nautisco Seafood Manufacturing inc. alleging that the private equity firm Leopard Capital had purposely indebted the company for its own personal gain. According to the Sihanoukville-based shrimp company’s complaint, Leopard Capital, a partner ...

Australia Mine Company drills diamond in Cambodia

Renaissance Minerals Limited listed in ASX (Australian stock exchange under code: RNS) on June 26 announced the results of its first three drill holes from its inaugural diamond drilling program at the highly prospective Okvau Gold Deposit in Cambodia. An existinindependent JORC-compliant indicated and inferred resource estimate has already been defined at the Okvau ...

http://thesoutheastasiaweekly.com/

Drought hits rice fields in northern Cambodia

Two consecutive months of drought have severely damaged thousands of hectares of rice fields in Krokor district and neighboring areas in Pursat province. ...

http://www.etmcambodia.com/news.php?id=164

Malaysia Firm Buys Majority In Yellow Pages

The owner of Cambodia Yellow Pages has agreed in principle to sell a 51 percent stake to the subsidiary of Malaysian technology firm CBSA Bhd. in a deal worth $2.04 million, an official at the company said Monday. According to a disclosure last week from CBSA ...

Police seize luxury wood in house raid

About 2,000 kilograms of Kran-houng luxury timber worth tens of thousands of dollars and a Toyota Camry car were seized by authorities in Oddar Meanchey province’s Anlong Veng district on Wednesday, military police said yesterday. ...

http://www.phnompenhpost.com/index.php/2012072057533/National-news/suspects-on-run-police-seize-luxury-wood-in-house-raid.html

Agriculture Census to Be Launched in Cambodia

Following the release of the country’s first nationwide economic census earlier this year, the government is now planning to carry out a similar census dedicated to the agriculture sector, a government official said yesterday. Minister of Agriculture Chan Sarun announced the government’s intention to carry out ...

Growth in Cambodian service sector, says ADB

Cambodia’s service sector has seen significant growth in recent years, but the sector remains hampered by challenges, according to a report by the Asian Development Bank (ADB). The service sector’s real GDP share has expanded to 39 per cent in 2011, compared to 23.7 per cent ...

http://www.phnompenhpost.com/index.php/2012100959186/Business/growth-in-service-sector-brings-more-challenges.html

New Businesses Increase In First Nine Months

A total of 2,606 new businesses were registered in Cambodia during the first nine months of the year, an increase of 11.6 percent compared to the same period last year, data released yesterday by the Ministry of Commerce shows. According to the figures, the ministry approved 306 new ...

Millions Threatened by Dam in Stung Treng

More studies should be conducted on the controversial Lower Sesan 2 dam in Stung Treng province in order to understand its potential social and environmental effects, Conservation international (C.I.) said in a statement. The Lower Sesan 2-as well as other dams planned for the Sesan, Srepok ...

http://www.cambodiadaily.com

Villagers in Kampong Chhnang win land back

Prime Minister Hun Sen has reclassified 4,158 hectares of a massive land concession owned by the wife of Senator Lao Meng Khin from his own party for displaced families in Kampong Chhnang province. A jubilant representative of the 4,506 families who have long battled against ...

http://www.phnompenhpost.com/index.php/2012113060025/National-news/villagers-win-back-land.html

Farmers biggest source of investment in agriculture

Despite attention from Foreign Direct Investment (FDI) and official development assistance, farmers are by far the largest source of Investment In agriculture, the State of Food and Agriculture 2012 report by the Food and Agriculture Organization published last week said. Farmers In low and middle Income ...

http://www.phnompenhpost.com/index.php/2012121060175/Business/farmers-biggest-source-of-investment-in-agriculture.html

Fourth missing in dam disaster, say witnesses

Workers who directly witnessed the Stung Atai dam accident more than a week ago have contested government accounts, telling the Post four, not three, men were still missing after an outlet pipe burst. Those working or living near the dam also told the Post investigations pledged ...

http://www.phnompenhpost.com/National/fourth-missing-in-dam-disaster-say-witnesses.html

Rise in Cargo Reflects a Diversifying Economy

The amount of air cargo entering and leaving Phnom Penh increased by almost 40 percent last year, and nearly 100,000 more business travelers to the capital were recorded during the first 11 months of last year compared to the same period in 2011, data from ...

http://www.cambodiadaily.com/business/rise-in-air-cargo-reflects-a-diversifying-economy-7214/

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