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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

Opening new flight paths between Seychelles and Asia - air service agreement signed with Cambodia

Plans to establish air links between Seychelles and the Asian nation of Cambodia are being finalised following the signing of a memorandum of understanding and air service agreement between the two sides. The signing by the Secretary of State of the State Secretariat of Civil Aviation of Cambodia, Mao Havannall, and ...

Sharon Uranie
http://www.seychellesnewsagency.com/articles/1370/Opening+new+flight+paths+between+Seychelles+and+Asia+-+air+service+agreement+signed+with+Cambodia

AIIB will use its US$50 billion to help spur hydroelectric development in Asia

With 35 nations signing on as founding members, Beijing-based Asian Infrastructure Investment Bank (AIIB) has a reported US$50 billion foundation from which it plans to spur infrastructure growth in developing Asian countries with projects that include hydroelectric facilities.​ ...

Gregory B. Poindexter
http://bit.ly/1cbOuvO

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

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

Thailand, Cambodia mull joint business, trade body

Thailand and Cambodian signed an agreement for the formation of a joint business council to promote bilateral trade and investment. The memorandum of understanding was officially endorsed on Tuesday evening by Thai Prime Minister Yingluck Shinawatra and her Cambodian counterpart Hun Sen on the sidelines of ...

http://www.pattayamail.com/news/thailand-cambodia-mull-joint-business-trade-body-23289

Cambodia Carrier on Track with New Flights

Cambodia Angkor Air will launch routes to China and the South Korean city of Seoul by August while it eyes additional destinations to Singapore and Malaysia, according to a senior official with the country’s national carrier. “Singapore is a hub for Asia, so we have ...

http://www.phnompenhpost.com/2013060466030/Business/cambodia-carrier-on-track-with-new-flights.html

Major Brands Confront Cambodian Leader Over Use of Force

A coalition of 30 brands and three global unions have sent a letter to Cambodian Prime Minister Hun Sen calling for an investigation into the recent use of deadly force against striking garment-sector workers. The letter, dated Friday, urged the government to launch a new process ...

Kate O'keeffe and Sun Narin
http://online.wsj.com/news/articles/SB10001424052702304027204579330201431431652?mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702304027204579330201431431652.html

Rising Consumer Prices Draw Hunderds to Protest for Action

Some 200 factory workers and taxi drivers protested in Phnom Penh yesterday morning to demand that the government take action to curb the rising costs of food and fuel, and threatened larger demonstrations if it failed to actAccording to figures released by the National Institute ...

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