A private VIP terminal costing $15 million is being planned at Phnom Penh International Airport by NagaCorp, which hopes that once it is ready – likely by early next year – high-rollers would flock to its casino and double their spending to $8 billion. NagaWorld, the ...

Eighty-five percent of U.S. companies in Southeast Asia plan to expand their business as the region will become more important in the next two years, the American Chamber of Commerce (AmCham) in Singapore said on Monday. “ASEAN continues to grow in importance for businesses in the ...

KUALA LUMPUR — Cambodia’s economic growth for 2011 is expected to be 6.8 per cent, says the Asian Development Bank (ADB). This is based on the positive trends over the six months of this year and is an improvement over the ADB forecast of 6.5 per ...

Citibank, one of the largest banks in the United States and the World, is seeking for investment opportunities in Cambodia, a bank senior official said Tuesday. During a meeting with Cambodian Deputy Prime Minister and Finance Minister Cambodian Keat Chhon on Tuesday afternoon, Darren Buckley, country ...

The US-based Human Rights Watch on Tuesday called on the government to release Beehive Radio owner Mam Sonando and drop all secessionist charges against him. Mam Sonando, 70, was arrested Sunday in Phnom Penh and has been charged with crimes related to sedition, for allegedly running ...

In Washington yesterday, Sam Rainsy Party lawmaker Mu Sochua lobbied US government officials to withhold military funding to the Cambodian government if it does not meet two political demands ahead of her meeting with Secretary of State Hillary Clinton on Monday. Mu Sochua said she would ...

Cambodian Foreign Affairs Minister Hor Namhong will conduct a one-day visit to Washington, at the behest of US Secretary of State Hillary Rodham Clinton, where he will again lobby for US debt forgiveness. The one-day visit on Tuesday will also focus on strengthening bilateral ties between ...

US-based broker Decker and Co has announced a partnership with the Cambodian unit of South Korea’s Tongyang Securities Inc, one of only seven underwriters licensed by the Cambodia Securities Exchange. In a statement late Tuesday, Decker said partnerships with Tong Yang in Cambodia and BPI Securities ...

A deal to end the political deadlock may reduce demonstrations in the streets, but the authorities are leaving nothing to chance – Daun Penh’s notorious district security guards are finally receiving proper government training. City Hall spokesman Long Dimanche, who has previously said the baton-wielding district ...

The Japanese and U.S. governments are set to launch a joint project to help empower women in developing countries in Asia, including Cambodia and Myanmar, as well as Africa, officials of both governments said Saturday. The two governments came up with the project as both Prime ...

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, ...

Cambodia’s ASEAN Economic Minister yesterday urged small and medium-size enterprises to focus on countries in Southeast Asia, rather than Europe and the United States, for export destinations. Cham Prasidh, also the minister of commerce, said yesterday that regional markets have traditionally held a second place to ...

The United States and the European Union on Monday urged Cambodia’s ruling and opposition parties to continue their dialogue towards electoral reforms and settlement of national problems. “The United States calls for a transparent review of irregularities in the July 28 national elections which would help ...

Peaceful and constructive dialogue will enable the ruling and opposition parties to “overcome the current impasse”, US ambassador to Cambodia William Todd has said. In a frank column in local media on Sunday, linked to from the US embassy in Phnom Penh’s website, Todd said the ...

growing behind his party’s call for an independent probe into claims of fraud and other irregularities in the country’s recent elections. Speaking in Washington following his visit to Europe, Sam Rainsy said that governments and parliamentarians in the European Union, the United States and several other ...

Cambodia is aiming to diversify its exports after signing an agreement with the Eurasian Economic Commission (EEC) yesterday following the first session of a joint working group seeking to expand trade cooperation between the two sides. “Moreover, Cambodia wants to increase the trade volume and ...

Cambodian Prime Minister Hun Sen on Thursday urged local producers to increase production in order to boost the country’s exports when the Association of Southeast Asian Nations (ASEAN) turns into a community at the end of 2015. He [Hun Sen] said when ASEAN became [sic] ...

Cambodian and Swiss senior senators on Monday pledged to help promote bilateral cooperation, particularly in legal field, economics and trade for mutual benefits. The pledge was made during a meeting between First Vice President of the Senate of Cambodia Say Chhum and visiting President of the ...

Six major retail, footwear and garment industry associations whose members account for over 90 per cent of garment imports in the US and Canada have called on the Cambodian government, the Garment Manufacturers Association in Cambodia (GMAC) and unions to resume wage negotiations. The open ...

Thailand is reportedly preparing to re-enter negotiations with Cambodia on the Overlapping Claims Area after officials from the two countries talked this week at the ASEAN Energy Business Forum in Brunei. Thai Energy Minister Pichai Naripthaphan said yesterday that he met informally with Ministry of Industry ...