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ADB asked to craft game plan for monorail, subway

The Ministry of Public Works and Transport on April 6 asked the Metro Manila-based Asian Development Bank (ADB) to help devise strategies for monorail and subway projects planned for Phnom Penh. ...

Thou Vireak
https://www.phnompenhpost.com/business/adb-asked-craft-game-plan-monorail-subway

Cambodian Economy Hurt by Land Evictions

Kratie province – Cambodia’s transformation from war-torn basket-case to one of Asia’s most promising emerging economies is being overshadowed by a backwards lurch in human rights and land policies that critics say are entrenching poverty. Next week’s visit by Barack Obama, the fist by a U.S. ...

http://www.cambodiadaily.com

AirAsia CEO ‘bullish’ on beating Omicron as airline announces resumption of Phnom Penh flights

AirAsia Group chief executive Tony Fernandes has urged governments to stop “overreacting” to the emergence of the new Omicron variant of Covid-19 and focus on reducing the cost of PCR testing instead. ...

Khmer Times Staff
https://www.khmertimeskh.com/50981824/airasia-ceo-bullish-on-beating-omicron-as-airline-announces-resumption-of-phnom-penh-flights/

MoC partners with Thailand for Thaifex-Anuga Asia 2024

The Cambodian Ministry of Commerce (MoC) said that the Department of International Trade Promotion of the Ministry of Commerce of Thailand is going to organise ‘THAIFEX-Anuga Asia 2024’. ...

Rachel David
https://www.khmertimeskh.com/501471597/moc-partners-with-thailand-for-thaifex-anuga-asia-2024/

Anti-money laundering plan

With the deadline for a second review by a global task force of the government’s efforts to combat money laundering and terrorism financing fast approaching, the Kingdom’s central bank yesterday conducted a workshop with banks, financial institutions and state agencies to flesh out a strategy ...

Sok Chan
http://www.khmertimeskh.com/news/28845/anti-money-laundering-plan/

Cambodia's Tourism Slows

Cambodia’s Statistics and Tourist Information Department, Ministry of Tourism, reported arrivals increased 15.7% in September, the lowest growth rate so far for this year based on 242,747 visits during the month. The percentage increase for the nine-month period was pulled down from 24.5% at ...

http://www.ttrweekly.com/site/2012/11/cambodias-tourism-slows/

Capital ideas for developers

Peering out over the Tonle Sap River in Phnom Penh from a sixteenth-storey private balcony at the new Bellevue Apartments, one could watch for hours as cranes swing back in forth over all the new developments on the west side of the water. “Phnom ...

http://www.bangkokpost.com/business/economics/332995/capital-ideas-for-developers

Tourism not competitive

Cambodia ranks last in travel and tourism competitiveness among eight Southeast Asian countries, according to a recently published study by the World Economic Forum. The Travel and Tourism Competitiveness Report 2013, which excluded Laos and Myanmar, said Cambodia comes 106th out of 140 countries this year, ...

http://www.phnompenhpost.com/2013040964952/Business/tourism-not-competitive.html

Bribes remain rampant: TI

Despite facing a rampant graft problem that has seen Cambodians paying bribes far more often than their regional neighbors, they have growing faith in the government’s ability to fight it, a Transparency International survey has found. TI’s 2013 Global Corruption Barometer, which measures perceptions of corruption ...

http://www.phnompenhpost.com/national/bribes-remain-rampant-survey

Picking up the pieces

The sight of traffic moving easily and people milling about along Veng Sreng Boulevard in the capital’s Meanchey district yesterday was a far cry from two days earlier, when the street was occupied by makeshift roadblocks, bonfires and military personnel carrying automatic rifles. While visible evidence ...

May Titthara, Khouth Sophak Chakrya and Sean Teehan
http://www.phnompenhpost.com/national/picking-pieces

Groups Demand Mandatory Minimum Wage, Threaten Protest

About 100 people, including 20 monks, held a ceremony in Phnom Penh on Friday in memory of the five people killed a week beforehand when military police opened fire on protesting garment workers, and demanded that the government introduce a mandatory, sector-wide standard minimum wage. In ...

Khy Sovuthy and Lauren Crothers
http://www.cambodiadaily.com/news/groups-demand-a-mandatory-minimum-wage-threaten-to-protest-50428/

Cambodian Sommeliers Head to Singapore for Regional Contest

Beer, whisky and strong, home-brewed moonshine have long been Cambodians’ favorite tipples, but with an ever-growing middle class, tastes are changing and if you’re part of the new elite, it is increasingly important to know your Pinot Gris from your Pinot Noir. To help enhance one’s ...

http://www.cambodiadaily.com/news/cambodian-sommeliers-head-to-singapore-for-regional-contest-40504/

Media Groups Call On ‘Political Elite’ to Protect Reporters

More than a dozen journalism and hu­man rights groups have called on Cambodia’s political forces to protect journalists and guarantee citizens’ access to an open and unobstructed press during the current political unrest. In a statement released Wednesday, the Cambodian Center for Independent Media, along with ...

Lindsey Peterson
http://www.cambodiadaily.com/news/media-groups-call-on-political-elite-to-protect-reporters-45436/

Cambodia’s tourism steady

Cambodia’s tourist arrivals registered a 4.7% growth in March according to the country’s statistics and tourist Information Department. The country attracted 400,076 visits compared to 382,206 during the same month last year. Released by the Ministry of Tourism, late last week, data showed Vietnam led the field ...

Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/05/cambodias-tourism-steady/

Bar Association Launches New Code of Ethics: President Spars with Jurists' Organization

The president of the Bar Association of Cambodia has hit back at the International Commission of Jurists (ICJ), which called for assurances that the Bar Association’s newly launched Code of Ethics, which was unveiled on Friday, would allow Cambodian lawyers to freely express themselves without ...

http://www.cambodiadaily.com/news/bar-association-launches-new-code-of-ethics-17601/

NagaWorld sees year-on-year boost in VIP revenues

Phnom Penh casino NagaWorld has announced that gross gaming revenue (GGR) rose 48 per cent year-on-year for the first quarter of 2015, largely on the back of returns from VIP clients. Nagacorp, the Hong Kong stock exchange-listed parent of NagaWorld, said in an unaudited report released ...

Charles Rollet
http://www.phnompenhpost.com/business/nagaworld-sees-year-year-boost-vip-revenues

World Bank East Asia Pacific regional vice President visits Cambodia

The World Bank looks forward to working with Cambodia to support the country’s efforts in reducing poverty and improving economic and social conditions for its people, especially in agriculture, health, education and transportation, said Axel van Trotsenburg, World Bank Regional Vice President for East Asia ...

The FINANCIAL News Staff
http://finchannel.com/index.php/business/item/51499-world-bank-east-asia-pacific-regional-vice-president-visits-cambodia

Hedging China risks, Japan firms turn to booming SE Asia

Hiroshi Uematsu had a tough start in Cambodia, where he heads an economic zone that aims to attract business from his native Japan. He arrived just before the global financial crisis sent the Asian Economic Minnow’s exports into a tailspin and dried up investment interest. Now, ...

http://www.moneycontrol.com/news/world-news/hedging-china-risks-japan-firms-turn-to-booming-se-asia_778038.html

Leaders of Japan, China to Attend Asean, East Asia Summits

The leaders of two of Cambodia’s biggest donors, China and Japan, will attend the up coming Asean and East Asia summits in Phnom Penh next week, Prime Minister Hun Sen confirmed during a speech in Siem Reap province yesterday. “China Prime Minister [Wen Jiabao] will arrive ...

http://www.cambodiadaily.com

First Park Hyatt in Southeast Asia opens in Siem Reap

Hyatt Hotels Corp has announced the opening of the first Park Hyatt in Southeast Asia in Siem Reap. The announcement Wednesday said the reopening of the former Hotel De La Paix in downtown Siem Reap followed a 14-month renovation by award-winning interior designer Bill Bensley. “We are ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YTJhYWQ3Mzc1NjI

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