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Cambodia’s Grand Dragon Resorts seals proxy betting deal

Casino property Grand Dragon Resorts (pictured), located in Cambodia, has partnered with live dealer gaming system provider Ezugi to offer proxy betting. The agreement will see Ezugi using its casino streaming technology to broadcast live table action direct from the casino floor, including baccarat tables and ...

GGRAsia News Staff
http://www.ggrasia.com/cambodias-grand-dragon-resorts-seals-proxy-betting-deal/

Condominium developers begin shift towards local market

It is no secret that Cambodia’s condominium market has largely focused on attracting international developers and investors looking to jump into a growing market by offering expensive upscale units, but, as the standard of living in Cambodia is on the rise, many projects are shifting ...

Siv Meng
http://www.phnompenhpost.com/real-estate/condominium-developers-begin-shift-towards-local-market

E-commerce surges in Cambodia

As Internet use spreads across Cambodia, e-commerce outlets are mushrooming. Some are online shopping centers like MAIO Mall, which offers a plethora of functions, including lending and booking services. Others, like Shop168, link brick-and-mortar stores with customers via web portal and delivery services. Others, like Mall ...

Un Raksmey and Igor Kossov
http://www.khmertimeskh.com/news/13987/e-commerce-surges-in-cambodia/

Real estate firm ready for CSX listing

Bonna Realty Group will prepare to list on the Cambodia Securities Exchange, the company’s president said this week. The real estate firm joins a small but growing group of private companies that say they are gearing up for initial public offerings on the new exchange. ...

http://www.phnompenhpost.com/index.php/2012070657246/Business/real-estate-ready-for-csx.html

Human traffickers use social media to lure job seekers to Cambodia

Human traffickers in Việt Nam are finding ever more inventive ways to lure potential victims overseas for exploitation. Through social media networks like Facebook or Zalo, they are offering well-paid jobs at casinos or online games in Cambodia, before springing their trap. ...

Khmer Times Staff
https://www.khmertimeskh.com/501004569/human-traffickers-use-social-media-to-lure-job-seekers-to-cambodia/

Sihanoukville property owners in limbo as unfinished high-rises litter the city

In 2018, Kheav Sothanny leased his 600 square meters of land in central Sihanoukville to a Chinese investor to build a 14-storey condo. The contract offered him a rental fee of $20,000 a month. ...

Sorn Sarath
https://cambojanews.com/sihanoukville-property-owners-in-limbo-as-unfinished-high-rises-litter-the-city/

China is promoting the yuan for settling trade deals with the Kingdom

Due to the expansion of economic and business activities between Cambodia and China, since early August the Bank of China has been negotiation with National Bank of Cambodia (NBC) on the promotion of business transactions in Chinese yuan. It is part of a larger but quiet ...

After Sam Rainsy’s Call, No Answer From CPP

At about 10 a.m. Thursday morning, during a press conference at the CNRP’s Phnom Penh headquarters, opposition leader Sam Rainsy dialed the phone number of CPP Interior Minister Sar Kheng and told a few dozen reporters in attendance that he would broadcast their conversation over ...

Colin Meyn and Aun Pheap
http://www.cambodiadaily.com/elections/after-sam-rainsys-call-no-answer-from-cpp-46444/

Cambodia Security Exchange Launches

The Cambodia Security Exchange (CSX) has launched though trading has yet to begin. Government officials and investors are upbeat about the launch saying that it will spur economic growth. The chance for investment in Cambodia is said to have grown significantly since the advent of ...

http://www.phnompenhpost.com/index.php/2011071150302/Business/stock-exchange-launches.html

Sihanoukville Port uncompetitive ahead of listing

Just months before Sihanoukville Autonomous Port is supposed to list on the Cambodia Securities Exchange, officials said yesterday that the state-owned enterprise is still more expensive and slower at processing goods than other ports in the region. An investor said that the problems confronting the port ...

Share Price Set for Stock at City Water Authority

Shares of the state-owned Phnom Penh Water Supply Authority (PPWSA) will trade at 6,300 riel, or $1.57, when the firm launches its initial public offering (IPO) on the Cambodian bourse on April 18, PPWSA announced yesterday. The price puts the company at the top of the ...

Forty Koh Kong families not happy with deal

Forty of the 375 families involved in a recently settled land dispute in Koh Kong province claimed on Tuesday that they have not yet received their promised cash compensation. Hence, the families requested the authorities to change the site of the land offered as they ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/forty-koh-kong-families-not-happy-deal

Elephant herds spotted in Wildlife Sanctuary

Researchers have released new photos offering a rare glimpse of endangered elephant herds seen traveling with calves through the Tonle Srepok Wildlife Sanctuary in Mondulkiri province earlier this month. The photos are part of a conservation supervisory project undertaken by Winrock International and the World Wildlife ...

Safiya Charles
http://www.khmertimeskh.com/news/26631/elephant-herds-spotted--in-wildlife-sanctuary

Major facelift for notorious Prey Speu

Officials in the Ministry of Social Affairs are planning to make a set of major changes to the infamous Prey Speu detention center, aimed at improving its healthcare services, educational options, and the quality of the housing it offers. But some critics say the changes ...

Jonathan Cox
http://www.khmertimeskh.com/news/18784/major-facelift-for-notorious-prey-speu/

Sugar plantation caught again with illegal wood

Authorities in Kompong Speu province on Wednesday seized more than 1,000 logs on the property of a Chinese-owned sugarcane plantation, marking the third time the firm has been found with illicit timber in the past year. Local officials offered no explanation for why the plantation’s on-site ...

Aun Pheap
https://www.cambodiadaily.com/news/sugar-plantation-caught-illegal-wood-118908/

CMAC to get pensions in framework of RCAF

The Cambodian Mine Action Center has been incorporated into the “framework” of the Cambodian military, ostensibly to allow CMAC employees to receive government pensions. “Officials and staff of [CMAC] would like to deeply thank [Hun Sen] for offering officials and staff of CMAC official framework ...

Andrew Nachemson
http://www.phnompenhpost.com/national/cmac-get-pensions-framework-rcaf

New Zealand supports Angkor restoration

New Zealand will offer US$3.7 million in aid to Cambodia to support a five-year Angkor Wat preservation project. Accoriding to local media reports, the funding was signed, last week, between Bun Narith, Cambodia’s Apsara Authority and Brent Rapson the first secretary of New Zealand Embassy to ...

Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/06/new-zealand-supports-angkor-restoration/

‘Alternative’ approach for drug addicts: gov’t

After facing heavy criticism for the conditions inside its drug-rehabilitation centres, the Ministry of Health has said it will begin offering an alternative community-based approach at health centres nationwide by 2015. According to Chhum Vanarith, a secretary of state in the Health Ministry, the alternative ...

Sen David and Charles Rollet
http://phnompenhpost.com/national/%E2%80%98alternative%E2%80%99-approach-drug-addicts-gov%E2%80%99t

Unique pension plan pushed

A new union has been founded pledging to offer members a post-retirement pension with a novel twist – it will be funded by sponsorship from private companies. The head of the new Workers Retirement Fund of Cambodia Union president, Sidney Sok Ke, claims to have spent ...

Mom Kunthear
http://www.phnompenhpost.com/unique-pension-plan-pushed

Tourism hit in coronavirus fight

According to the Tourism Ministry, tourism declined 52 percent earlier this year.The government in February responded by offering promotional Angkor Archaeological Park fare tickets. ...

Marie Lamy and Va Sonyka
https://www.khmertimeskh.com/50707708/tourism-hit-in-coronavirus-fight/

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