Naga casino to buy aircrafts to fly Chinese gamblers to Phnom Penh
Cambodian casino operator, Hong Kong-listed NagaCorp, is trying to reach deals in order to fly gamblers from Macau and mainland China to its gaming resort in Phnom Penh, according to media reports. Hong Kong media quoted NagaCorp chief financial officer, Philip Lee Wai Tuck, as ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=Yjk2MWM1NWYyYjY
Chong villagers put festive spin on dam protest
Villagers from an ethnic minority community in Koh Kong province’s Areng Valley continued their blockade over the Khmer New Year holiday of an access road leading to the site of a proposed dam they say would destroy their way of life. Members of the ethnic ...
Khuon Narim
http://www.cambodiadaily.com/news/chong-villagers-put-festive-spin-on-dam-protest-56708/
Pursat Ford assembly plant opens
The Kingdom’s first Ford assembly plant was inaugurated on June 16 in Pursat province amid rising demand for brand-new vehicles among Cambodians. The facility is seen as a game changer for the domestic automobile industry, which could bring a wave of investors seeking to cash ...
May Kunmakara
https://www.phnompenhpost.com/business/pursat-ford-assembly-plant-opens
Wife of Pailin Governor Reaps Benefits From Casino Deal
Venturing into Cambodia’s casino market in May 2011, Macau-backed gambling firm Entertainment Gaming Asia (EGA) promised tens of thousands of dollars to the wife of Pailin’s provincial governor in order to lease land for the construction of a new casino, documents filed with the U.S. ...
Simon Lewis and Hul Reaksmey
http://www.cambodiadaily.com/news/wife-of-pailin-governor-reaps-benefits-from-casino-deal-40660/
Indonesian Ambassador-Designate committed to strengthening ties
While waiting to present his credential to the King Norodom Sihamoni to officialise his appointment, the new ambassador-designate of Indonesia to Cambodia told Khmer Times, in an exclusive and first-ever interview since his arrival, that he is determined to transform Cambodia-Indonesian bilateral relations into one ...
Taing Rinith
https://www.khmertimeskh.com/501370950/indonesian-ambassador-designate-committed-to-strengthening-ties/
Sar Kheng calls for public support for peace, polls
Minister of Interior Sar Kheng called on the people to play their role in maintaining national peace and stability ahead of several major historical events that Cambodia is preparing to host, such as the Southeast Asian (SEA) Games this May. ...
Samban Chandara
https://www.phnompenhpost.com/national/sar-kheng-calls-public-support-peace-polls
Local fuel prices fall 10% amid global downticks
International fuel rates have started to fall back as India and Iran look to step up Russian crude imports, in a downward trend likely to be fuelled by cooperation between the trio of countries on reducing the pressure of the oil price crisis, economists have ...
Hom Phanet
https://www.phnompenhpost.com/business/local-fuel-prices-fall-10-amid-global-downticks
ASEAN summits to help address regional, global challenges, says PM
Prime Minister Hun Sen said yesterday that three summits – ASEAN Summit, G20, and Asia-Pacific Economic Cooperation (APEC) – hosted by three ASEAN countries would make significant contributions to enhancing ASEAN’s prestige and centrality in addressing common regional and global challenges. ...
Chea Vanyuth
https://www.khmertimeskh.com/501188707/asean-summits-to-help-address-regional-global-challenges-says-pm/
Global Finance Forum aims to support Cambodia’s SMEs
Cambodia is hosting the Global SME Finance Forum, where more than 400 delegates from 60 countries gathered to learn and share ways to create an enabling environment to support SMEs and financial inclusion as Cambodian finance specialists say access to financing remains a major challenge ...
Thai Sothea
https://kiripost.com/stories/global-finance-forum-aims-to-support-cambodias-smes
ASEAN a bright spot in gloomy global outlook, says IMF chief
The region and the globe remain in the grip of a slew of intractable crises on top of the persistent effects of Covid-19, posing precarious economic headwinds and dampening growth prospects for the coming years. ...
May Kunmakara
https://www.phnompenhpost.com/business/asean-bright-spot-gloomy-global-outlook-says-imf-chief
Foreign investment rises 73 pct
A mid [sic] global economic fragility, foreign direct investment (FDI) in Cambodia grew a whopping 73 per cent in 2012 from the year before, a huge increase helping to fuel a record-setting amount of money pouring into least developed countries, according to the United Nations ...
http://www.phnompenhpost.com/2013070166579/Business/foreign-investment-rises-73-pct.html
Collapses raise concerns over emergency training
When a bridge and kiosk collapsed into a pond at a Phnom Penh garment factory last month, injuring more than 20 workers, the Prime Minister’s Bodyguard Unit and police rushed to scour the murky water for survivors. Some hours later, those forces remained unsure whether any ...
Chainsaws stayed busy in past year
The extent of the devastation of Cambodia’s forests was brought into sharp relief as 2013 drew to a close, with a series of detailed maps and satellite data released by NGOs showing the drastic depletion of the Kingdom’s woodland ecosystems. Images released by Open Development Cambodia ...
Daniel Pye
http://www.phnompenhpost.com/national/chainsaws-stayed-busy-past-year
Cambodia rice meets Thai and Vietnam demand as global price spikes
Global rice prices hit a 15-year high in September, rising 30 percent year-on-year (YoY), according to an investor’s note by BMI, which quoted the UN’s Food and Agriculture Organization’s (FAO) All Rice Price Index report. ...
Thang Sinorn
https://kiripost.com/stories/cambodia-rice-meets-thai-and-vietnam-demand-as-global-price-spikes
NagaWorld Profits Jump in First Half of 2012
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 ...
Two Years In, Kampot Casino Downsizes
The Ha Tien Vegas Entertainment Resort and casino in Kampot Province along the Vietnamese border announced yesterday that it has sacked 500 employees and shut down its 130-room resort less than two years after it became the first casino to open in the province. The company said ...
Mekong crisis calls for global response: official
Cambodia has called for enhanced international partnerships to tackle pressing issues in the Mekong basin, such as declining water levels, reduced fish stocks and the reverse flow into the Tonle Sap Lake. ...
Ry Sochan
https://phnompenhpost.com/national/mekong-crisis-calls-global-response-official
Cambodia discusses plans to localize the global Sendai Gender Action Plan
Representatives from the Swiss Agency for Development and Cooperation, Swedish International Development Cooperation Agency, National Committee for Disaster Management, Ministry of Women’s Affairs, and UN Women at a multi-stakeholder dialogue on gender action plans for disaster risk reduction. ...
Khmer Times Staff
https://www.khmertimeskh.com/501513136/cambodia-discusses-plans-to-localize-the-global-sendai-gender-action-plan/
Cambodia expects solutions for Global Tensions at 12th ICAPP General Assembly
Cambodia has been entrusted to host the 12th International Conference of Asian Political Parties (ICAPP) General Assembly for the second time, and it sees this as an opportunity to facilitate solutions for political regional and global issues. ...
Khmer Times Staff
https://www.khmertimeskh.com/501581180/cambodia-expects-solutions-for-global-tensions-at-12th-icapp-general-assembly/
Obama to meet with Cambodia’s longtime ‘strongman’ amid rights concerns, but also growth
President Barack Obama arrives in Cambodia on Monday having just won four more years in office, but that is nothing compared to his host, Hun Sen. The 60-year-old Cambodian prime minister has held power since Ronald Reagan was in the White House, and says he’s ...