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$30B casino, theme park project mooted

MQ Technology Bhd, a Malaysian investment holding company, is looking to form a joint venture with a newly formed entity, Cambodian Resorts and Entertainment Co Ltd, to build a $30 million casino and theme park in Prey Veng province near the Vietnamese border, according to ...

Kali Kotoski
http://www.phnompenhpost.com/business/30b-casino-theme-park-project-mooted

Villagers affected by dam meet with government officials

Villagers from Stung Treng whose homes stand to be flooded by the Lower Sesan II dam met with representatives of the Ministry of Mines and Energy at an NGO Forum-sponsored meeting in Phnom Penh yesterday, in hopes of establishing a dialogue towards a long-awaited compromise. ...

Touch Sokha
http://www.phnompenhpost.com/national/villagers-affected-dam-meet-government-officials

Call to follow spirit of agreement

The government was urged yesterday to follow the spirit of the 1991 Paris Peace Agreement as a model to solve the current political problems with dialogue and partnership rather than conflict. At a ceremony marking the 25th anniversary of the signing of the agreements, which saw ...

Pech Sotheary
http://www.khmertimeskh.com/news/30979/call-to-follow-spirit-of-agreement/

Lancang-Mekong expo kicks off in Phnom Penh

The Lancang-Mekong Cooperation’s economic and technology exhibition 2017 kicked off yesterday in Phnom Penh to enhance trade and investment between China and Cambodia, plus other Mekong countries. ...

Chea Vannak
http://www.khmertimeskh.com/news/40332/lancang-mekong-expo-kicks-off-in-phnom-penh/

Innovation and inspiration are the basis of BarCamp

BarCamp Phnom Penh, a technology conference at the University of Puthisastra, promises to attract industry professionals from ASEAN countries, the US, Germany and other countries around the world later this month, Be Chantra, lead organiser of the conference, says. Be Chantra says BarCamp Phnom Penh is ...

http://www.phnompenhpost.com/index.php/2012091058592/Business/barcamp-unites-cambodias-industry-professionals.html

Metro looks to Laos, Cambodia for heavy equipment sales

Metro Machinery, the biggest dealer of heavy construction equipment in Thailand, is looking over the borders to Laos and Cambodia, which are exploiting their abundant natural resources and racing to develop infrastructure. The company will on October 9 ink two deals worth Bt1.5 billion each – ...

http://www.nationmultimedia.com/business/Metro-looks-to-Laos-Cambodia-for-heavy-equipment-s-30190221.html

The bank that likes to say less: Cambodia’s greatest commercial success story is not over yet

AN HOUR’S drive south of Phnom Penh, deep in rural Cambodia, Chrek Heang is doing the rounds of his rapidly expanding poultry and fisheries business. Just four years ago he was living, like most of his countrymen, in a small wooden hut with a tin ...

http://www.economist.com/node/21563302

Villagers along Cambodia's Tonle Sap Lake Livelihood Threatened

Villagers on Tonle Sap Lake in Cambodia, who depend on fishing for subsistence, say their livelihoods are threatened by illegal commercial fishing, which continues after a government ban. And they say authorities in charge of enforcing the ban are being bribed to look the other ...

http://www.voanews.com/content/villigers-along-cambodias-tonle-sap-lake-livelihood-threatened/1524041.html

Government Announces Anti-Graft Price Lists

Eight months after the anti-graft provisions of the Anti-Corruption Law came into effect, the Anti-Corruption Unit (ACU) announced yesterday that it would start a widespread campaign to introduce standardized fees for government services in every commune office—though it will likely be months before any visible steps are taken. More than 2,000 ...

First Quarter Insurance Revenues Up 39 Percent

Revenues in the insurance industry increased to $9.4 million in the first three months of the year compared with $6.7 million during the same period last year, figures from the General Insurance Association of Cambodia show. Ty Atith, a senior underwriter at Cambodian Reinsurance Company, said ...

Malaysian Maybank expands to outskirts

Malaysian-owned Maybank, one of the largest banks in Cambodia, opened its 12th national branch in Phnom Penh on Friday. The bank aims to reach emerging businesses in the city’s Special Economic Zone (PPSEZ) with the new office. ...

http://www.phnompenhpost.com

New flights between Sihanoukville and Phnom Penh to be launched soon

New scheduled flights between Sihanoukville and Phnom Penh will probably be launched soon, and Sihanoukville-Siem Reap flights will operate daily instead of three times a week, an industry leader says. These changes by Cambodia Angkor Air had a “high chance” of taking off in April to ...

http://www.phnompenhpost.com/2013012360932/Business/new-flights-between-sihanoukville-and-phnom-penh-to-be-launched-soon.html

Hero of clean water Ek Sokchan Retired

Mr. Ek Sokchan, head of Phnom Penh Water Supply Authority on June 30 retired from his position and he has been appointed as the secretary of state for Ministry for Industry, Mine and Energy. ...

http://thesoutheastasiaweekly.com/

Gas Imports Grow to Nearly 1M Tons This Year

Oil imports to Cambodia in the first half of the year increased 22 percent to nearly 1 million tons compared to the same period last year, according to figures obtained yesterday from the Ministry of Commerce. According to the data, Cambodia imported 922,860 tons of gas ...

New Online Service Launched to Smooth Tax Payment

In a bid to ease the collection of the recently introduced tax on properties worth more than $25,000, The Ministry of Finance has launched an online service to help people get the forms they need to pay the tax. In a statement released last week, the ministry said ...

Million-tonne goal still a challenge

It has been more than two years since the Cambodian government issued a rice export policy in June 2010, aiming to export a million tonnes of milled rice by 2015. However, a shortage of capital to buy unmilled rice, known as “paddy”, together with high ...

http://www.phnompenhpost.com/index.php/Special-Reports/million-tonne-goal-still-a-challenge.html

Over 600% Growth in UAE Re-Exports to Cambodia in 2011:

The UAE’s non-oil exports to Cambodia have risen by 639 percent from 2010 to 2011, with total Emirati exports to the Asian country going up by 271 percent during which the UAE achieved a surplus in trade between the two countries of around USD 2.3 ...

http://www.wam.org.ae/servlet/Satellite?c=WamLocEnews&cid=1290001004928&p=1135099400124&pagename=WAM%2FWamLocEnews%2FW-T-LEN-FullNews

Government to invest $4.4B in Public Sector

The government has approved more than $4 billion of investment in the public sector over the next three years in a bid to stimulate economic growth, the council of ministers said in a statement obtained yesterday. “The rolling plan will focus om four main sectors” ...

http://www.cambodiadaily.com/

Acleda shareholders OK expansion into Burma

Shareholders of Acleda Bank yesterday approved a plan to open an initial three branches in Burma, where a year of surprise political and economic reforms are raising expectations of a flood of foreign investment ...

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