SEA mobile games revenue to hit US$7bil by 2019: Frost & Sullivan
The mobile games industry in South-East recorded impressive growth and reached over US$1 billion in revenue in 2014, according to Frost & Sullivan. Recent analysis from Frost & Sullivan shows that this was also the fastest growing region for mobile games in the world, driven by ...
DNA News Staff
https://www.digitalnewsasia.com/mobile-telco/sea-mobile-games-revenue-to-hit-usd7bil-by-2019-frost-sullivan
Life Insurer Manulife Opens Its Office In Cambodia
Manulife, one of the world’s leading life insurance companies, now opened its office in Cambodia after seeing that growth of midlle class of total population. Manulife financial corporation was based in Canada. Manulife Financial on June 28 announced the official opening of its head office in Phnom Penh, Cambodia and its ceremony was presided over by H.E. ...
45th ASEAN Foreign Ministers' Meeting kicks off
The 45th ASEAN Foreign Ministers Meeting (AMM) kicked off in Phnom Penh on Monday, focusing on politics, security, food and energy security, economics and culture in order to further advance the bloc’s cooperation toward a community by 2015. Cambodia’s Prime Minister Hun Sen said thatafter 45 years, ...
http://www.chinadaily.com.cn/world/2012-07/09/content_15561089.htm
Crane removed from Gold Tower 42
Last week, the crane on the top of Gold Tower 42 was removed, adding to the sense that the completion of the Korean-owned skyscraper is ultimately a distant hope. The owner of the unfinished skyscraper, sitting at the corner of Sihanouk and Monivong Boulevards entered into ...
http://www.phnompenhpost.com/Real-Estate/crane-removed-from-gold-tower-42.html
PetChem sees healthy growth in 2013, eyes Myanmar, Cambodia
KUALA LUMPUR (Dec 18) : Petronas Chemical Group Bhd (PetChem) said that its top and bottom line growth was going to be in “healthy mode” next year, with prices of its chemical products seen to be firming up. Speaking at a media briefing on Tuesday, its ...
Mekong Dams Threaten Extinction of Giant Catfish
The elusive Mekong giant catfish, which the U.S.-based World Wildlife Fund (WWF) called “one of the world’s largest and rarest freshwater fish,” can reach up to three meters (10 feet) and weigh up to 300 kilograms (660 pounds). The Xayaburi dam would prove an “impassable barrier” ...
http://www.rfa.org/english/news/laos/dams-06192013184629.html
Coalition of Cambodian NGOs calls for help with climate change
As the latest UN climate change conference begins today in Doha, Qatar, a coalition of Cambodian NGOs is joining calls for developed countries to bear more of the burden of combating climate change. Cambodia and other poor countries are unprepared to deal with rapid climate change ...
LED lights’ lure of lower electricity bills
The locally based Global Media Group is bringing the latest LED lighting technology to the Cambodian market in an effort to reduce people’s electricity bills. GMG assistant chief executive Bun Sim said the company would use all its know-how, as well as experts from South Korea, ...
http://www.phnompenhpost.com/2013012460969/Business/led-lights-lure-of-lower-electricity-bills.html
Merit in rice trade plan
The cabinet on Tuesday approved a proposal allowing the Commerce Ministry to form a rice trade partnership with Asean’s four other rice-producing countries, namely Vietnam, Laos, Cambodia and Myanmar, to stabilise rice prices in the global market and to promote food security in the region. The ...
http://www.bangkokpost.com/news/local/321297/rice-trade-area-plan-has-merit
In carbon, gains for agriculture
Paying Cambodian farmers to capture carbon by not removing mulch during planting and harvesting would help support climate change mitigation, reduce soil deterioration and return higher yields in the long term, say leading agriculture experts. Speaking at a conference in Phnom Penh last Friday, Professor Rattan ...
http://www.phnompenhpost.com/2013062466434/Business/in-carbon-gains-for-agriculture.html
Input floated on traffic law
A coalition of NGOs are to submit to the National Assembly today a list of recommended additions to the amended traffic law, a draft of which was approved by the Council of Ministers in August. Road safety advocates hope the amended law, which creates higher fines ...
Phak Seangly
http://phnompenhpost.com/national/input-floated-traffic-law
Global march for decent work
Workers across the globe took to the streets on Wednesday to mark the World Day for Decent Work.In South Africa, the largest union federation, Cosatu, held marches across the country to highlight a number of socioeconomic issues. ...
ioL News Staff
http://mobi.iol.co.za/#!/article/global-march-for-decent-work-1.1926469
Global brands welcome wage rise
Major global brands that source from Cambodia welcome the recent rise in the basic minimum wage for the country’s more than 700,000 garment workers, representatives of three brands told Khmer Times yesterday. They have no plans to shift sourcing to other countries where wages are ...
May Kunmakara
http://www.khmertimeskh.com/news/16958/global-brands-welcome-wage-rise/
Making precious stones shine globally
The Cambodia Gems and Jewelry Traders Association (CGJTA) urged their non-association counterparts in Siem Reap to come into their fold to ensure the Kingdom’s precious stone industry maintains quality and standards that are on par internationally. This, the CGJTA said, will attract more international buyers ...
Chea Vannak
http://www.khmertimeskh.com/news/26271/making-precious-stones-shine-globally/
IBM eyes on Cambodia market again
IBM reaffirmed its commitment to the Cambodian market through a two-day event from 5 to 6 October in Phnom Penh which it demonstrated technology solutions for companies and governments of all sizes. With the potential market in Cambodia, IBM targets to set up its full ...
Starbucks to open its first outlet in Vietnam
Global coffee-chain giant Starbucks will enter its 12th Asian market next month when it opens an outlet in Vietnam’s Ho Chi Minh City. RMA Cambodia CEO Rami Sharaf said the expansion into Vietnam did not automatically mean Starbucks would enter Cambodia. “I don’t think there is ...
USAID Review of Health NGO Finds Litany of Irregularities
A financial review by USAID, the U.S. government’s development arm, into local health NGO Reproductive and Child Health Alliance (RACHA) has found financial mismanagement coupled with a lack of transparency and oversight within the organization that may point to evidence of fraudulent activity. Well-known for its ...
Simon Henderson and Kuch Naren
http://www.cambodiadaily.com/news/usaid-review-of-health-ngo-finds-litany-of-irregularities-49464/
Fund playing hardball
The Global Fund has threatened to suspend or reduce health grants to Cambodia totalling more than $100 million if the Ministry of Health, the National Center for HIV/AIDS, Dermatology and STD (NCHADS) and NGO umbrella group MEDiCAM fail to meet a 30-day deadline to return ...
Kevin Ponniah and Mom Kunthear
http://www.phnompenhpost.com/national/fund-playing-hardball
Update says rubber company up to old tricks
Vietnamese rubber firm Hoang Anh Gia Lai (HAGL) has failed to keep its commitments to address human rights and environmental abuses at its plantations in Cambodia, Global Witness said in a statement yesterday. In May, the London-based NGO published an investigation into two Vietnamese rubber companies ...
Phak Seangly and Daniel Pye
http://www.phnompenhpost.com/national/update-says-rubber-company-old-tricks
ACU asks Global Fund for evidence in probe
Cambodia’s Anti-corruption Unit has criticised the Global Fund to Fight AIDS, Tuberculosis and Malaria for not sending them the findings of its investigation into widespread corruption in health grants. Chhay Savuth, vice-president of the Anti-Corruption Unit, said he had contacted the Global Fund to request evidence ...
Mom Kunthear and Daniel Pye
http://www.phnompenhpost.com/national/acu-asks-global-fund-evidence-probe