Net profits at NagaCorp Ltd., owners of Phnom Penh’s only licensed casino, jumped 38 percent to reach $52.4 million in the first half of 2012 compared to the same period last year, the company said in its most recent financial report. The casino generated a total ...

The coastal city of Sihanoukville is undergoing a massive transformation. Once perceived as a seedy haunt for lethargic backpackers and expats, a flood of Chinese tourists and investors has begun to alter the landscape by setting up everything from gaudy casinos to towering luxury resorts ...

The $100 million Sokha Hotel and Residence on Phnom Penh’s Chroy Changva peninsula will be ready to receive its first guest by September, and recruitment is under way for more than 1,000 employees, the hotel’s owner said Monday. “We plan to open in September as a ...

The Phnom Penh Commission to Combat Covid-19, led by the capital’s municipal administration, issued a directive telling former workers of NagaWorld integrated resort to immediately halt protests, and ordering them to practice coronavirus health measures to prevent the pathogen from spreading among them and their ...

MQ Technology Bhd, a Malaysian investment holding company, is looking to form a joint venture with a newly formed entity, Cambodian Resorts and Entertainment Co Ltd, to build a $30 million casino and theme park in Prey Veng province near the Vietnamese border, according to ...

Increasing casino investment has brought the construction sector to provinces along Cambodia’s borders, World Bank (WB) senior economist for Cambodia Ly Sodeth said on Wednesday. In the latest WB Cambodia Economic Update (CEU) report published on Wednesday, Sodeth said that the construction sector has boomed in Banteay ...

Pailin province’s $5 million animal-feed processing plant and warehouse is to finish construction in the next three months and it is a welcomed development for the local farming community. The plant’s owner, Chea Kea, who also owns Diamond Crown casino on the border with Thailand in ...

Phnom Penh recently saw the destruction of a portion of the Buddhist Institute to make way for the expansion of a casino. Political analyst Lao Mong Hay told “Hello VOA” last week that this kind of development demonstrates an “imbalance” between public and private institutions. The ...

Nearly a hundred employees of Sihanoukville’s Yaduoli Casino yesterday staged a protest over outstanding wages after the company failed to pay them. ...

On 22 December 2021, the Ministry of Labor and Vocational Training issued a press release on the outcome of the meeting to resolve labor disputes of Naga World Limited. On 21 December 2021, the Meeting agreed to continue to resolve the demands of 360 Naga ...

On 23 December 2021, the Ministry of Labor and Vocational Training issued a press release on the outcome of the meeting on 23 December 2021 to resolve labor disputes of Naga World Limited. The Ministry encourages union workers as well as employers to continue to ...

On 03 January 2022, the Ministry of Labor and Vocational Training issued a notification on waiting to meet with representatives or former employees at Naga World Limited on the review of the payment of severance pay.In order to continue to protect the legitimate interests of ...

On 17 March 2022, the Ministry of Labor and Vocational Training issued a statement on the requesting legal intervention to release three former NagaWorld employees on bail.Three former NagaWorld employees have written to the ministry requesting for their legal intervention to temporarily release them on ...

The Phnom Penh Municipal Administration reiterated its calls for former NagaWorld employees to stop gathering to protest, as by doing so they were defying Covid-19 health measures. ...

On 10 March 2022, the Ministry of Labor and Vocational Training issued a notification on the progress of joint labor dispute solutions at NagaWorld.The joint labor dispute at NagaWorld is started from the spread of COVID-19, which results in the suspension of business activities in ...

On 17 March 2022, the Ministry of Labor and Vocational Training issued a notification on the progress of joint labor dispute resolution at NagaWorld as of 17 March 2022.The ministry invited the representatives of workers and employers to continue the dispute resolution meeting at the ...

On 29 March 2022, the Ministry of Labor and Vocational Training issued a notification on the progress of joint labor dispute resolution at NagaWorld as of 29 March 2022.The workers’ representatives and the NagaWorld representatives have not yet reached an agreement, so the ministry will ...

On 02 June 2022, the Ministry of Labor and Vocational Training issued a notification on the office of the spokesperson of the Ministry of Labor and Vocational Training.In the past, professional officers of the Ministry of Labor and Vocational Training have verified the payment of ...

The Ministry of Labour and Vocational Training announced that five more of the nearly 400 former NagaWorld employees who were laid off had willingly accepted severance pay. ...

On ​04 May 2022, the Ministry of Labor and Vocational Training issued a press release on the intervention of company’s payroll in accordance with the Labor Law.Professional officers of the Ministry of Labor and Vocational Training verified the payment of severance pay with the company ...