"Third water" prawn farming project to kick off in Cambodia
An onshore prawn farming project using water known as “third water” developed by Toshimasa Yamamoto, associate professor at Okayama University of Science, will start in August in a mountain village in Cambodia, Japan’s Jiji Press reported. Aquaculture on land is expected to improve nutrition and alleviate ...
Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=1038151
ASX chief steps down amid probe into payment
The chief executive of the Australian Securities Exchange (ASX) resigned his post on Monday in the wake of an investigation into a possible $200,000 bribe paid by a gaming firm he previously headed to a consultancy with connections to a sister of Prime Minister Hun ...
Zsombor Peter and Khuon Narim
https://www.cambodiadaily.com/news/asx-chief-steps-down-amid-probe-into-payment-110230/
Wing plans for more growth
Wing Specialised Bank is trying to stay ahead of the game in the money transfer and mobile payment sector by forging new partnerships. The Post’s Ayanna Runcie sat down with Wing’s recently appointed CEO Jojo Malolos to discuss his plan for the company’s future. ...
Ayanna Runcie
http://www.phnompenhpost.com/business/wing-plans-more-growth
Violence ‘cost economy $1.5B’
The consequences and containment of violence cost the Cambodian economy over $1.5 billion in 2013, just under 10 per cent of its estimated GDP for the period, according to the Institute for Economics & Peace’s Global Peace Index released yesterday. According to IEP executive chairman ...
Stuart White
http://www.phnompenhpost.com/national/violence-%E2%80%98cost-economy-15b%E2%80%99
Record-low oil prices to to continue
A grim report on the world economy by the International Monetary Fund (IMF) yesterday caused oil prices to continue to slide, with international prices hitting the lowest level since 2002 as planned output cuts were deemed insufficient to offset a COVID-19-fuelled slump in demand. ...
Harrison White
https://www.khmertimeskh.com/50713728/record-low-oil-prices-to-to-continue/
City to have mass transit system in place by 2023
Cambodia will have an automated gateway transit system (AGT) ahead of 2023 – when the country is due to host the Southeast Asian Games – with the Japan International Cooperation Agency (JICA) on track to complete the feasibility study by May next year, according to ...
May Kunmakara
http://www.khmertimeskh.com/5090885/city-mass-transit-system-place-2023/
SERC, CSX launch online trading account opening
Securities and Exchange Regulator of Cambodia (SERC) and Cambodia Securities Exchange (CSX) signed an agreement yesterday introducing the API (Application programming interface) linkage for registering investor ID online and opening trading accounts online. ...
Chea Vanyuth
https://www.khmertimeskh.com/501381930/serc-csx-launch-online-trading-account-opening/
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/
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/
Open Development Cambodia publishes a new topic page on “SDG 2 Zero hunger” and “SDG 10 Reduced inequalities”
Open Development Cambodia (ODC) publishes 2 new topic pages on “SDG 2 Zero hunger” and “SDG 10 Reduced inequalities”, which are two of the 17 goals of the UN Sustainable Development Goals (SDGs), in both Khmer and English languages. Through ODC’s new topic pages on ...
More than 10,000 workers suspended
More than 10,000 workers at 18 factories in Svay Rieng province have been suspended because of Covid-19, said provincial deputy governor Ros Pharith. ...
Voun Dara
https://www.phnompenhpost.com/national/more-10000-workers-suspended
Activist hit with $10K defamation fine
Environmental activist Kroeung Tola plans to appeal the Mondulkiri Provincial Court decision ordering him to pay 40 million riel ($10,000) in compensation to O’Raing district governor Siek Mony and four million riel to the state for public defamation. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/activist-hit-10k-defamation-fine
ASEAN Online Sale Day 2021 slated for August 8-10
ASEAN countries are preparing for the ASEAN Online Sale Day 2021, which is slated for August 8-10. Comprising two tiers for domestic and cross-border transactions, this year’s programme will be co-chaired by Brunei, which is chair of ASEAN in 2021, Singapore and Vietnam. ...
Asia News Network
https://www.phnompenhpost.com/business/asean-online-sale-day-2021-slated-august-8-10
Tobacco tax increase likely
Increasing the tobacco retail tax — one of the world’s lowest at 10 per cent of unit price for domestically produced cigarettes — would deter smokers and increase government revenue while having minimal effect on tobacco producers, Ayda Yurekli, co-ordinator for the World Health Organization’s ...
http://www.phnompenhpost.com/index.php/2012091858767/National-news/tobacco-tax-increase-likely.html
Self-sufficiency in 3 years: minister
Cambodia’s energy minister promised lawmakers from the National Assembly’s public works and energy commission yesterday that the country will be weaned off of foreign electricity imports within three years, the commission’s vice chairman said in a press conference after the meeting. According to Mao Monyvann, a ...
Pech Sotheary
http://www.phnompenhpost.com/self-sufficiency-3-years-minister
Cash-strapped S’ville casino looks to expand
The Israeli gaming firm behind Sihanoukville’s Queenco Casino is seeking investors to expand its operations in the seaside town, according to a report released by the company last week, but after six months of “cash flow distress” and losses of more than $1 million, those ...
George Styllis
http://www.cambodiadaily.com/business/cash-strapped-sville-casino-looks-to-expand-67596/
Ministry, TV stations agree on locally made programming block
In an effort to boost Cambodia’s entertainment industry, local television broadcasters will soon dedicate an hour of prime time programming to airing Cambodian-produced shows and films. During a meeting with the Ministry of Information on Monday, TV station representatives agreed to broadcast locally produced films and ...
Sarah Taguiam and Pech Sotheary
http://www.phnompenhpost.com/national/ministry-tv-stations-agree-locally-made-programming-block
Corn industry maintains hope for rebound amid plummeting prices
Total corn exports dropped by more than 40 per cent on 2018 due to last year’s drought and pest damage, industry insiders said. Ministry of Agriculture, Forestry and Fisheries data showed that last year the Kingdom exported 119,993 tonnes of red corn – down 41.23 ...
Hin Pisei
https://www.phnompenhpost.com/business/corn-industry-maintains-hope-rebound-amid-plummeting-prices
Price-hike warning issued to house buyers
Property and land prices are set to rise in Lvea Aem district’s Kandal province following the government’s announcement of their future plan to partially integrate the area into a new district within Phnom Penh. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50697728/price-hike-warning-issued-to-house-buyers