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/
Memories of a land unspoiled
The constant hum of chainsaws almost drowned out Buddhist monk Sam Kim Sath, 65, as he stood this week in a wildlife sanctuary on Oral Mountain, Cambodia’s highest peak. Forest in the Phnom Oral Wildlife Sanctuary, in the eastern part of the Cardamoms, is being “obliterated” ...
May Titthara
http://www.phnompenhpost.com/national/memories-land-unspoiled
Muang Thai maps out expansion plan
Muang Thai Insurance is looking at acquiring portfolios from non-life Insurers and selling non-life products to individuals in neighbouring countries as part of its plan to keep its premium income growing by 15 per cent annually in the next three to five years. “The merger model ...
Sucheera Pinijparakarn
http://www.nationmultimedia.com/business/Muang-Thai-maps-out-expansion-plan-30241197.html
National Bank of Cambodia looks at local yuan role
Bank of China is in negotiations with Cambodia’s central bank on the promotion of business transactions in Chinese yuan. The official talks reflect rapid trade growth between the two countries at a time when several commercial banks in Cambodia have launched yuan remittance and trade-settlement products. The ...
Thai project to benefit Cambodia
The Thai government has approved the Eastern Economic Corridor (EEC), linking the Dawei deep-sea port in Myanmar with Sihanoukville in Cambodia and Vung Tau port in Vietnam, according a report in the Bangkok Post. ...
Sum Manet
http://www.khmertimeskh.com/news/26734/thai-project-to-benefit-cambodia/
Study links toilet usage, height
A new study has found that open defecation, which is still commonly practised in Cambodia, has direct links to reduced heights in children, with a decrease in the practice over five years leading to increases in height. ...
Andrew Nachemson
http://www.phnompenhpost.com/national/study-links-toilet-usage-height
Calls for Angkor Beer Boycott Over Laos Dam Investment
Environmental groups and a local community leader in Stung Treng province have called for a nationwide boycott of the popular Angkor Beer brand to protest the beverage company’s links to a controversial hydropower dam to be built in Laos. Laos announced earlier this month that it ...
Dene-Hern Chen and Kuch Naren
http://www.cambodiadaily.com/news/calls-for-angkor-beer-boycott-over-laos-dam-investment-45646/
Cambodia Organizes Real Estate Exhibition
A 3-day Cambodia-Real Estate Exhibition 2013 kicked off [in Phnom Penh] on Monday as the country’s construction sector is rapidly growing in the last couple of years. The event, held at the Diamond Island Exhibition Center, brought together 68 exhibitors who are real estate developers, real ...
http://news.xinhuanet.com/english/business/2013-04/08/c_132292162.htm
PM ends exile gov’t talk
Prime Minister Hun Sen said yesterday that his government will work with the Thai junta that came to power in a coup last week, and quashed speculation that the ousted Shinawatra clan may be allowed to set up a government in exile in Cambodia. In a ...
Vong Sokheng and Daniel Pye
http://www.phnompenhpost.com/national/pm-ends-exile-gov%E2%80%99t-talk
Sting targeting ancient statue dealers winds up with fakes
Police in Kompong Thom province on Monday arrested three men in a sting targeting sellers of looted, ancient statues, only to find that seven statues seized in the operation were in fact worthless copies of Buddhist artifacts, officials said. ...
Saing Soenthrith
https://www.cambodiadaily.com/news/sting-targeting-ancient-statue-dealers-winds-up-with-fakes-104117/
Manulife Enters Cambodia Market With Phnom Penh Office
Manulife Financial Corp. (MFC), Canada’s largest insurer, has opened an office in Phnom Penh, Cambodia, its first in the Southeast Asian nation. Manulife has about 40 people in its Cambodian unit, the Toronto-based insurer said today in a statement. ...
http://www.bloomberg.com/news/2012-06-28/manulife-enters-cambodia-market-with-phnom-penh-office.html
Raid of illegal gaming sites snares seven
Police in Phnom Penh’s Daun Penh district took part in a sting target took part in a sting targeting illegal computer gaming locations yesterday, arresting seven people and seizing 71 illicit machines across three locations in Phsar Thmey III village. ...
Kim Sarom
http://phnompenhpost.com
World Bank upgrades Cambodia's growth forecast for this year
The World Bank upgraded Monday its GDP growth forecast for Cambodia to 7.0 percent for this year, up 0.3 of a percentage point from its last projection in December. “In Cambodia, a likely stabilization in high-income country conditions should support further improvements in garment production and ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MjcxMzgzNzA1NWR
More Workers stopped From Entering Thailand
Police at border checkpoints have in the past weeks stopped more than 2,200 people in Banteay Meanchey province from crossing into Thailand to look for better paid work, officials said yesterday. The focus on Cambodian workers migrating to Thailand-many illegally-comes amid a shortage of labor at ...
Indian Firms Look To Cambodia Industries
A delegation of 15 Indian firms is in Cambodia this week looking to increase the country’s involvement in Cambodia’s economy, particularly in the agriculture and mining sectors. At present, Cambodia does modest trade with India, the second largest country in the world by population. But the ...
$1M Damage as Blaze Guts Siem Reap Market
A fire sparked by an electrical fault ripped through the Doeum Kralanh market in Siem Reap City early Friday morning destroying 200 stalls and causing more than $1 million in damage, according to market traders and police officials. The 8,000-square-meter market in Kokchak commune housed a ...
http://www.cambodiadaily.com/news/1m-damage-as-blaze-guts-siem-reap-market-33787/
Chinese Mining Firm Plans Siem Reap Extraction
A Chinese conglomerate headed by an adviser to Senate President Chea Sim plans to begin extracting gold and copper in Siem Reap province in two months, the firm’s chairman said yesterday. Khmer Holding, a group of companies that claims vast mineral interests in Cambodia, opened an ...
Online Trader Eyes Kingdom
An online trading firm based in the tax haven of Cyprus is planning to open a subsidiary in Cambodia, an account manager at IronFX’s headquarters in Cyprus said yesterday. “We are on the planning stage in Cambodia. We are now studying law and regulations in the ...
http://www.phnompenhpost.com/2013043065307/Business/online-trader-eyes-kingdom.html
Cambodia bets on Saemaeul movement to spur rural reform
With agriculture still the mainstay of its economy, Cambodia is seeking to reform rural communities in partnership with Korea to shore up residents’ livelihoods and boost grain exports. The Southeast Asian country is seeking to follow in the footsteps of the “Saemaeul Undong,” or New Community ...
Shin Hyon-hee
http://www.koreaherald.com/view.php?ud=20141109000243
Agriculture Contributes To Helping Cambodia’s Economic Growth: PM Hun Sen
“The agriculture sector today is still playing significant role in promoting local production growth, job creation, and contributing to the poverty reduction of the people. At the same time, the agriculture sector will continue the basic role for economic growth and socio-economic development in Cambodia in ...