Cambodia revenue drives profit surge at casino supplier
Entertainment Gaming Asia, a Nasdaq-listed company that supplies electronic gaming machines, posted a an 88 percent year-on-year rise in its third-quarter profit, citing higher sales in Cambodia as a major driver of its growth, according its filing to the Nasdaq on Monday in New York. ...
May Kunmakara
http://www.khmertimeskh.com/news/17676/cambodia-revenue-drives-profit-surge-at-casino-supplier/
PM’s response over dredging insufficient: CNRP lawmaker
After writing to Prime Minister Hun Sen in July asking him to order an investigation into the sand dredging taking place in Koh Kong province, CNRP lawmaker Son Chhay on Wednesday accused the prime minister of not fully addressing the issues in his letter of ...
Aun Pheap
https://www.cambodiadaily.com/news/pms-response-over-dredging-insufficient-cnrp-lawmaker-101844/
Aussie researchers make "important step" toward defeating malaria
Australian scientists have made a significant breakthrough in tackling malaria, one of the world’s deadliest diseases.Research led by the University of Melbourne, in conjunction with Stanford University and the University of Cambridge, has discovered compounds which can target the parasite present in the mosquito-borne virus. ...
Tian Shaohui
http://news.xinhuanet.com/english/2016-02/11/c_135089308.htm
Deadline passes but beachside eviction still imminent
The two-kilometer stretch of white sand that curves along translucent sea in an idyllic bay near Sihanoukville was still living up to its picture-perfect mystique on Sunday, with couples strolling hand-in-hand beneath the cloudless sky as others slouched in cushioned chairs soaking up the sun. ...
Maddy Crowell
http://www.khmertimeskh.com/news/22815/deadline-passes-but-beachside-eviction-still-imminent/
Siem Reap feels pinch of tourism downturn
Foreign tourist arrivals in Siem Reap fell 11.2 per cent during the first nine months of the year compared to the same period one year earlier, as the Kingdom’s top tourist gateway sees its most significant slowdown in visitor arrivals in decades, new government data ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/siem-reap-feels-pinch-tourism-downturn
Aeon anniversary highlights shifting market for local malls
AEON Mall, the first large-scale modern shopping mall in Cambodia, recently celebrated its third year of operation in the Kingdom, but with several new high-end malls slated to open over the next few years, analysts expect more competition and sweeping changes in the country’s retail ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/aeon-anniversary-highlights-shifting-market-local-malls
Logistics master plan brings high hopes
The new master plan to guide logistics infrastructure development in the kingdom will be ready by the end of March next year and will be pivotal in slashing costs and ramping up efficiency in transportation, a senior official from the Ministry of Public Works and ...
Sok Chan
http://www.khmertimeskh.com/5096121/logistics-master-plan-brings-high-hopes/
Japan pledges to boost silk industry
A Japanese beauty company is to invest in Cambodian silk production to supply the local market and export to Asia and the United States. Il Brille, which runs two beauty salons and a shop in Phnom Penh, uses silk in cosmetic treatments and products for customers. ...
Sok Chan
http://www.khmertimeskh.com/news/37173/japan-pledges-to-boost-silk-industry/
Troubled road project along Cambodia-Laos border rolls on
Work by military engineers on a contentious road skirting Cambodia’s border with Laos – which has prompted a military stand-off in the area – has quietly resumed, local officials say, even as run-ins between Cambodian and Lao military patrols in the disputed area have further ...
Shaun Turton and Mech Dara
http://www.phnompenhpost.com/national/troubled-road-project-along-cambodia-laos-border-rolls
Business centre lure for Chinese
Cambodia is to open commercial centres in China to help Chinese investors understand the potential of Cambodia. The centres will soon be established in some provinces, Prime Minister Hun Sen said on his Facebook page during his trip to the Commercial and Tourism Cooperation Forum in ...
Sum Manet
http://www.khmertimeskh.com/news/38508/business-centre-lure-for-chinese/
Japan firms link up to offer leasing
Rent Japan Group Inc, a publicly listed Japanese company that specializes in the recycling and reuse of consumer products, will establish a joint venture with a Japanese financial services firm to launch a new leasing company in Cambodia, it said in a filing yesterday to ...
Kali Kotoski
http://www.phnompenhpost.com/business/japan-firms-link-offer-leasing
Government eyeing low-cost housing
An estimated 7.9 million people in Cambodia will be living in urban areas by 2030, up from 4.5 million in 2014, with officials at a forum on national housing yesterday announcing ambitious plans to meet the demand for some 55,000 affordable new homes each year. ...
Touch Sokha and Yesenia Amaro
http://www.phnompenhpost.com/national/government-eyeing-low-cost-housing
WHO tests new malaria therapy
High failure rates of the frontline medication to treat malaria in Southern Vietnam have revived concerns that parasites resistant to multiple drugs, first observed in Cambodia’s Pailin province, may be spreading. Meanwhile, experts in the Kingdom are currently testing alternative treatment options to stay ahead ...
Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/who-tests-new-malaria-therapy
More container traffic buoys port’s profits
Phnom Penh Autonomous Port attributed its growth in profits last year to a rise in container traffic and shipments through the capital’s river port, as well as increased profits from leasing equipment and returns on interest, it said in a filing to the Cambodia Securities ...
The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/more-container-traffic-buoys-ports-profits
March inflation rate rises to 4.3 percent
Although growth in Cambodia’s consumer price index (CPI) went up by 4.3 percent year-on-year in March, according to latest figures from the National Institute of Statistics, an expert maintaIns that the increase in cost of living will have minimal effect on the lives of Cambodians. ...
May Kunmakara
http://www.khmertimeskh.com/news/39611/march-inflation-rate-rises-to-4-3-percent/
Koh Kong activists charged
Two Mother Nature activists arrested after filming suspected sand-bearing vessels have been charged with incitement and making unauthorised recordings of a person in “a private place” – an offence that drew skepticism yesterday, given they were in their own boat in the open ocean when ...
Phak Seangly and Shaun Turton
http://www.phnompenhpost.com/national/koh-kong-activists-charged
Kris says oil field tapped by 2020
Singapore’s KrisEnergy, the operator of Cambodia’s offshore Block A in the Gulf of Thailand, announced on Friday that in 24 months the Kingdom will be an oil producing nation after the firm made its final investment decision that day for extraction in the Apsara oil ...
Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/kris-says-oil-field-tapped-2020
Local bank and MFI sector continue their meteoric rise
In 2017 the local financial sector continued the strong growth that has characterised the industry in recent times, with commercial banks and microfinance institutions (MFIs) seeing a robust expansion in loans and deposits throughout the year, according to the National Bank of Cambodia’s (NBC) annual ...
Sok Chan
http://www.khmertimeskh.com/50100172/local-bank-mfi-sector-continue-meteoric-rise/
Third time’s lucky for a new paper (9)
Government officials are finally letting Ros Sokhet publish his newspaper, and he only had to change the name – twice. The Khmer Nation, called Revelation-Corruption News in a former life, and Anti-Corruption News in the life before that one, is supposed to hit newsstands today in ...
Salt farmers extend season by one month
In an effort to make up for the low salt yield this year caused by unexpected rainfall during the dry season, farmers in salt-producing Kep and Kampot provinces said yesterday that they would try to continue harvesting the mineral for another month even though the ...