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Olympic bid ends with Sorn Seavmey loss

Hopes of Cambodia’s first-ever Olympic medal crumbled on Saturday evening as taekwondo star Sorn Seavmey was comfortably beaten by Reshmie Oogink of the Netherlands. ...

Ouch Sony
https://www.cambodiadaily.com/news/olympic-bid-ends-sorn-seavmey-loss-116980/

As PM ‘brags’, scammers try to strike gold

Prime Minister Hun Sen yesterday sang the praises of Cambodia’s first gold medallist in 44 years – suggesting Sorn Seavmey’s achievement was the “only thing Cambodia can brag about” – as the Kingdom’s Olympic Committee warned of bogus Facebook accounts in her name soliciting money. After ...

Taing Vida
http://phnompenhpost.com/national/pm-%E2%80%98brags%E2%80%99-scammers-try-strike-gold

US Firm to Open Its Second Casino in Cambodia

A U.S.-listed gaming company is set to open its second casino in Cambodia next month, the company said as it announced its revenues had grown to more than $20 million in 2012. Entertainment gaming Asia Inc. (EGA), which is backed by Macau-based Melco International Development Limited ...

http://www.cambodiadaily.com/business/us-firm-to-open-its-second-casino-in-cambodia-14421/

Steering away from the grey market

While the Kingdom’s automotive sector has seen the entry of authorised dealerships, grey market dealers still make up the bulk of car sales.Dealerships are trying to lure prospective customers to purchase new vehicles, but grey market used cars still enjoy a substantial cost advantage given ...

Post Staff
http://www.phnompenhpost.com/business/steering-away-grey-market

AirAsia Cambodia to debut soon

Asia’s largest budget airline AirAsia, headquartered in Kuala Lumpur, plans to open a subsidiary company in Cambodia to handle an anticipated increase in the number of passengers travelling to Phnom Penh, Siem Reap and Sihanoukville from Malaysia. ...

Chea Vannak
http://www.khmertimeskh.com/news/38372/airasia-cambodia-to-debut-soon/

Pi Pay goes cashless with app

Cash may be king in Cambodia, but Pi Pay Asia is banking on rising smartphone penetration and an arsenal of digital payment solutions to help dethrone it.The company’s soon-to-be-released mobile-phone application provides a one-stop platform for cashless transactions, digital money transfers and e-wallet solutions, while ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/pi-pay-goes-cashless-app

Solid reserves reflect stability of Cambodian economy, riel

The rise in Cambodia’s international reserves reflects the confidence in Khmer riel, stability of the exchange rate, high liquidity and a sound economy that can withstand external shocks or crises, experts said. ...

May Kunmakara
https://www.phnompenhpost.com/business/solid-reserves-reflect-stability-cambodian-economy-riel

Nagaworld reaches tax deal

NagaWorld, a subsidiary of a Hong Kong-listed NagaCorp, reached a deal with the Ministry of Economy and Finance to pay a new tax rate on their non-gaming operations, said a ministry official. ...

May Kunmakara
http://www.khmertimeskh.com/news/29693/nagaworld-reaches-tax-deal/

Koh Rong Sanloem casino ‘is flouting’ closure order

A Preah Sihanouk provincial official said on Thursday that the owner of Jinding Hotel and Casino on Koh Rong Sanloem is flouting the authorities’ order to close the business by March 22. Preah Sihanouk Provincial Hall spokesman Kheang Phearum told The Post that the provincial ...

Khorn Savi
https://www.phnompenhpost.com/national/koh-rong-sanloem-casino-flouting-closure-order

Cambodian insurance industry sees 25 pct growth in first half

Cambodia’s insurance sector earned a total premium of 22 million U.S. dollars in the first six months of the year, up 25 percent from the 17.6 million U.S. dollars it made over the same period last year, the industry’s figures showed Tuesday. The premiums were from ...

http://news.xinhuanet.com/english/business/2013-08/06/c_132607310.htm

Cambodia-Asia Economic Forum kicks off

PHNOM PENH: The 8th Asia Economic Forum kicked off here on Saturday, focusing on reviewing the ASEAN achievements in the past 45 years and looking at opportunities and challenges toward the realization of an ASEAN community by 2015. The 2-day forum has been attending by some ...

http://www.onlinenews.com.pk/details.php?id=190376

Journos: Drop RFA charges

Some 40 local and international journalists from several media outlets in Cambodia released an open letter on Thursday, calling for the court to drop charges against two former Radio Free Asia (RFA) reporters. The call comes following the release of journalists Uon Chhin and Yeang ...

Long Kimmarita
https://www.phnompenhpost.com/national/journos-drop-rfa-charges

Grow Asia eyes Cambodian farms

Grow Asia, a multi-stakeholder partnership focused on sustainable and inclusive agriculture in the ASEAN region, is seeking to expand to Cambodia by 2016 to help small-scale farming develop into commercial agriculture and to strengthen the agriculture sector, a senior executive from Grow Asia said. ...

Sok Chan
http://www.khmertimeskh.com/news/18303/grow-asia-eyes-cambodian-farms/

Industry ministry aims to increase patent protection

Due to the lack of qualified personnel to evaluate new patents and enforce the existing law, the Industry Ministry is cooperating with the European Patent Office to enhance their capacity so that Cambodia can better ensure protection of patents to draw more investment, Industry Minister ...

Sok Chan
http://www.khmertimeskh.com/news/19745/industry-ministry-aims-to-increase-patent-protection/

Critics sceptical of NGO's optimistic findings

Cambodians were optimistic about the economic and political future of the Kingdom, according to a national survey on citizen’s perceptions released on Wednesday by the Asia Foundation, although observers yesterday questioned whether that optimism remains in light of the government’s recent crackdown on the opposition. ...

Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/critics-sceptical-ngos-optimistic-findings

Chinese-invested telco firm launches 4G services in Cambodia

Chinese-owned Southeast Asia Telecommunications, Seatel, has officially launched its 4G network in Cambodia after entering the country’s oversubscribed telco sector last year, a local newspaper reported Monday. ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/2015-07/27/c_134450609.htm

Cambodia hails Chinese firm for helping develop telecom industry

Cambodian Minister of Post and Telecommunications Prak Sokhonn on Sunday praised Chinese-owned Southeast Asia Telecom (Cambodia), or SEATEL, for investing a huge amount of capital in the development of 4G services in Cambodia. ...

Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=299208

Ministry set to publish book ahead of 13th ASEM summit

The Ministry of Information is preparing to publish 5,000 copies of Cambodia 2021 ahead of the 13th Asia-Europe Meeting (ASEM), which Cambodia is hosting in the middle of this year, for distribution to delegates and participants. ...

Voun Dara
https://www.phnompenhpost.com/national/ministry-set-publish-book-ahead-13th-asem-summit

Angkor crowned as the Best Place to visit in Southeast Asia

Angkor in Cambodia’s Siem Reap province came first among the 29 Best Places to Visit in Southeast Asia, according to a survey of Touropia Travel Guides. ...

Khmer Times Staff
https://www.khmertimeskh.com/50964603/angkor-crowned-as-the-best-place-to-visit-in-southeast-asia/

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