Villagers Seize Trucks in Protest
More than 300 protesters seized two company trucks outside the Kratie office of Korean-owned timber company Think Biotech Co yesterday as protests by villagers who allege land-grabbing continued for a second day. “We have seized the company’s two trucks to ask the company to come ...
http://www.phnompenhpost.com/2013052865873/National/villagers-seize-trucks-in-protest.html
Former envoy to South Korea challenges court ruling on abuse-of-power conviction
Imprisoned former Ambassador Suth Dina appeared in the Supreme Court yesterday to challenge the procedures of the Appeal Court, where he attempted to get his five-year sentence for “abuse of power” and “unlawful exploitation” overturned in August. ...
Microfinance: an insider's view
The story of Cambodia’s microfinance sector has been one of successful evolution, evidenced by the growing number of lenders and their continual development. Many microfinance institutions (MFIs) started as NGO-like entities, but the industry has come a long way. Today, there are 32 MFIs licensed ...
ADB asked to craft game plan for monorail, subway
The Ministry of Public Works and Transport on April 6 asked the Metro Manila-based Asian Development Bank (ADB) to help devise strategies for monorail and subway projects planned for Phnom Penh. ...
Thou Vireak
https://www.phnompenhpost.com/business/adb-asked-craft-game-plan-monorail-subway
RCEP to bolster Cambodia-South Korea economic cooperation
Cambodia’s Foreign Minister Prak Sokhonn said here on Friday that the Regional Comprehensive Economic Partnership (RCEP) free trade agreement will be a booster for trade and investment relations between Cambodia and South Korea. ...
Khmer Times Staff
https://www.khmertimeskh.com/501126733/rcep-to-bolster-cambodia-south-korea-economic-cooperation/
NagaWorld sees year-on-year boost in VIP revenues
Phnom Penh casino NagaWorld has announced that gross gaming revenue (GGR) rose 48 per cent year-on-year for the first quarter of 2015, largely on the back of returns from VIP clients. Nagacorp, the Hong Kong stock exchange-listed parent of NagaWorld, said in an unaudited report released ...
Charles Rollet
http://www.phnompenhpost.com/business/nagaworld-sees-year-year-boost-vip-revenues
Gov’t to Watch Shipments From Bird Flu-Hit Countries
Manila–Incoming bird and poultry shipments from countries affected by the highly pathogenic avian influenza (HPAI) will be seized and destroyed given concerns of a resurgence, the government said. The Agriculture department last Friday announce heightened surveillance at all ports of entry as well as the ...
FDI inflows drop 1% to $3.5B
The value of foreign direct investment (FDI) into the Kingdom registered a slight fall in 2020 amid a much sharper contraction among non-banking sectors and uncertainty over the evolution of the Covid-19 pandemic, but inflows into the financial sector remained strong. ...
May Kunmakara
https://www.phnompenhpost.com/business/fdi-inflows-drop-1-35b
Siem Reap International Airport records 340,000 passengers in January, South Korea stands first row
PHNOM PENH: the Siem reap international airport announced today that it gained 340,000 passengers for January and the South Korean passengers stand first class. “This is first time in its history, [sic] the statement said. It adds: barely a month after crossing the 2-millionth passenger milestone, ...
South Korea to give $3M for Mondulkiri crop project
The South Korean government has vowed to provide a $3.3 million grant to the Ministry of Agriculture, Forestry and Fisheries to implement a project to boost production of high-value vegetable crops and improve farmers’ livelihoods in the northeastern province of Mondulkiri, according to a senior ...
Thou Vireak
https://www.phnompenhpost.com/business/south-korea-give-3m-mondulkiri-crop-project
NBC: Fintech fuels 2020 boom in Kingdom's payment systems
Payment systems in Cambodia have seen remarkable strides in line with the evolution of financial technology (fintech) and significantly contribute to the development of the national economy, as digital transactions witness a Covid-19 boom, the National Bank of Cambodia (NBC) said in the 2020 annual ...
Thou Vireak
https://www.phnompenhpost.com/business/nbc-fintech-fuels-2020-boom-kingdoms-payment-systems
Vietnam, Laos, Cambodia seek investments for Mekong sub region
Delegates attending a forum on investment and cooperation for the Mekong sub region, held in the central highland province of Dak Lak on November 9, all agreed that Vietnam, Laos and Cambodia need to work on common preferential policies to attract lucrative investments for the ...
Regional Comprehensive Economic Partnership to create huge market
Cambodia’s ASEAN economic minister said the official launch of the negotiations for the Regional Comprehensive Economic Partnership (RCEP) will lead to potentially forming the biggest single market in the region and is much bigger than the traditional markets of the US and the EU. An economist ...
Kingdom factory goes for the gold
Cambodian garment makers are filling orders for the 2012 London Olympics in what insiders say is the first time the country has supplied the Games. ShenZhou International Group Holdings Ltd, one of China’s largest apparel exporters, makes shirts and other sportswear for Adidas that will supply ...
http://www.phnompenhpost.com/index.php/2011101952197/Business/kingdom-factory-goes-for-the-gold.html
Revenues Down at Pailin’s Dreamworld Casino
U.S.-listed firm Entertainment Gaming Asia’s (EGA) Dreamworld casino in Poipet province has seen revenue drop by almost 18 percent this year, according to financial results released by the company. Results issued on Thursday from Hong Kong said the casino, which opened in May 2012, made revenue ...
http://www.cambodiadaily.com/business/revenues-down-at-pailins-dreamworld-casino-39102/
Gov’t grants funding for special olympic team
The Cambodian government has granted $20,000 to the national Special Olympics team, for travel and competition at this year’s games in Los Angeles later this month. ...
Socheata Hean
http://www.voacambodia.com/content/govt-grants-funding-for-special-olympic-team/2865153.html
Government plans to introduce new land law in mid-term
The government, through the Ministry of Land Management, Urban Planning and Construction, plans to introduce a (new) land law, which has been created to replace the old land law that has been in use since 2011 to be in line with the evolution of the ...
Hang Punreay
https://tinyurl.com/ycyvd5ff
S Korea funds road testing lab
The Korea Institute of Civil Engineering and Building Technology – through South Korea’s Ministry of Land, Infrastructure and Transport – has granted funds for the construction of a laboratory project at the Techo Sen Institute of Public Works and Transport for the development of road ...
Nov Sivutha
https://www.phnompenhpost.com/national/s-korea-funds-road-testing-lab
Prize seeks to stymie corruption
Two organisations hope a new award, which includes cash prizes and entry into an international corruptionr-reporting conference, will encourage Cambodian journalists to up their game in reporting on corruption issues. ...
Sean Teehan
http://www.phnompenhpost.com/prize-seeks-stymie-corruption
Gambling on change
The Cambodian government is drafting a series of changes to the Kingdom’s gaming laws in a bid to draw major players from Macau and the US to the market and potentially create a new tax base from the growing, if currently illegal, online betting industry, ...
Eddie Morton
http://www.phnompenhpost.com/business/gambling-change