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Cambodia-China military cooperation: Beijing influence in Indochina usurps Washington's influence in Asia Pacific

Military cooperation this month between Cambodia and China suggests that leaders in Phnom Penh are now more likely to turn to Beijing for support in regional disputes rather than Washington, analysts say. Cooperation between Cambodia and China has reportedly strengthened amid Cambodia’s border dispute with ...

Michelle FlorCruz
http://www.ibtimes.com/cambodia-china-military-cooperation-beijing-influence-indochina-usurps-washingtons-2019842

US-Asean Meeting Addresses Economic, Security Cooperation

At the U.S.-Asean meeting at the Peace Palace in Phnom Penh yesterday, the U.S. and the 10 Asean member nations agreed to further their cooperation in all areas, including security to ensure peace in the region. ...

http://www.cambodiadaily.com

Foreign investment in Cambodia’s property rises

Property experts say foreign companies are coming to invest in Cambodia’s property sector, as they see the growth and potential of the Kingdom. Sung Bonna, director of Bonna Realty Group, said that the number of foreign companies in the sector has grown, and most are from ...

http://www.phnompenhpost.com/2013022861647/Real-Estate/foreign-investment-in-cambodia-s-property-rises.html

Cambodia Drops a Spot in Asean as Burma Reforms

THE ten-member Association of South-East Asian Nations (ASEAN) is used to fending off “interference” by the West in the internal affairs of some of its members. In recent years the human-rights record of the regime in Myanmar has been the tenderest of these sore spots. ...

http://www.economist.com/news/asia/21566658-few-days-centre-stage-hun-sen-cambodias-dictator-may-not-be-entirely-welcome-tenth-out

Hun Sen Announces Talks to Begin on Huge Free Trade Zone

A plan to create a free trade area covering roughly half the world’s population by 2015 was initiated yesterday by regional and world leaders meeting in Phnom Penh. During the Asean and related meetings at his office, Prime Minister Hun Sen announced that the group of ...

http://www.cambodiadaily.com

Britain life insurer Prudential officially launches operations in Cambodia

The U.K.-based life insurer, Prudential Plc, on Wednesday announced the commencement of its life insurance operations in Cambodia, according to the firm’s press release. Alongside the launch of its business operations, Prudential Cambodia and Acleda Bank, the largest commercial bank in Cambodia, also announced the establishment ...

http://news.xinhuanet.com/english/business/2013-01/09/c_132091413.htm

Call for More Investment in Infrastructure

As much as $16 billion of investment is needed in Cambodia over the next decade if the country’s infrastructure is to keep up with the pace of economic growth, ac­cording to a regional think tank. At a seminar in Phnom Penh on Thuesday, Jakarta-based Economic Research ...

http://www.cambodiadaily.com/business/call-for-more-investment-in-infrastructure-33737/

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

Regional pharma producers eye Kingdom

International pharmaceutical companies are increasingly looking to sell their products to Cambodia, although the market is full of obstacles, according to experts. After several big international players announced sales expansion plans, two companies from Indonesia, a major manufacturing hub in Southeast Asia, are planning to follow. Kalbe ...

http://www.phnompenhpost.com/2013052465819/Business/regional-pharma-producers-eye-kingdom.html

Cambodia shrugs at Gambia’s import ban

Gambia’s recent announcement that it would ban rice imports in about three years to spur local demand will only have a small impact on Cambodia, which sends a portion of its annual output to the west African country and other nations on the continent, data ...

http://www.phnompenhpost.com/2013061866317/Business/cambodia-shrugs-at-gambia-s-import-ban.html

Cambodia to return to former glory

Kuala Lumpur (The star /ANN) — A country once torn apart by war is emerging as a key investment destination for small and medium enterprises. It was once home to a great civilization. In the 12th century, the Khmer empire was South-East Asia’s largest. Angkor was ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NDRhOTI5NzA0Y2E

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/

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/

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

Top cop to officers: ‘behave’

Cambodian police officers need to step up their game, the Kingdom’s top cop told his department hierarchy this week.Speaking at a ceremony to promote two senior officers on Monday, National Police chief Neth Savoeun said staff who want to be promoted or rewarded needed to ...

Taing Vida
http://www.phnompenhpost.com/national/top-cop-officers-behave

Aus firm buys Poipet casino

Australian-listed firm Donaco International, which currently has operations in Vietnam, has confirmed it is entering Cambodia’s already-crowded casino and gaming industry. The company announced on Friday that it had entered into an acquisition agreement to purchase the Star Vegas Resort and Club casino in Cambodia’s Poipet ...

Chan Muyhong
http://www.phnompenhpost.com/business/aus-firm-buys-poipet-casino

Asean to forge ahead through global crises

Southeast Asia needs to push ahead with a regional free trade bloc and policies to cope with global financial crises, Indonesia’s government said yesterday. Indonesia’s Vice President Boediono, addressing trade ministers from the Association of Southeast Asian Nations (ASEAN), said it was evident since the ...

http://www.phnompenhpost.com/

Bavet prices flat

Land prices in Bavet town in Svay Rieng province have been “stable” despite a great deal of purchasing seen in early 2013, property experts said. Nuon Rithy, general manager at the Bonna Realty Group, said there have been lots of land trading in Bavet so ...

http://www.phnompenhpost.com/2013030761788/Real-Estate/bavet-prices-flat.html

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