Naga Corp Reports 23 Percent Profit Growth
NagaCorp Ltd., the Hong Kong-listed company that runs Phnom Penh’s only licensed casino, saw its profits grow by 23 percent in 2012, the firm said in an announcement. In its financial results for the year, released Wednesday to the Hong Kong stock exchange, the company that ...
http://www.cambodiadaily.com/business/nagacorp-reports-23-percent-profit-growth-9646/
Activists call for transparency at Buddhist Institute
The activist Independent Monk Network has called on the Ministry of Cult and Religion to release paperwork proving that an agreement it struck with NagaCorp to help construct an electricity substation at Phnom Penh’s Buddhist Institute does not involve the selling of any of the ...
Mom Kunthear
http://www.phnompenhpost.com/national/activists-call-transparency-buddhist-institute
Rain Provides Small Respite for Families in Koh Kong Drought
Several days of rain have finally brought relief to hundreds of families in Koh Kong province’s Khemara Phoumint City who had been without water for two weeks because the reservoir that provides their supply dried up during hot season. LYP Group, a company owned by ...
Casinos rake in $2 billion
Cambodia’s casino industry generates close to $2 billion in revenue a year and accounts for nearly 40 per cent of the Kingdom’s tourism revenue, a central bank official said yesterday.Chea Serey, director-general of the National Bank of Cambodia, told a workshop on statistics in international ...
Sor Chandara
http://www.phnompenhpost.com/business/casinos-rake-2-billion
EGA reports Cambodian casino losses
Nasdaq-listed Entertainment Gaming Asia (EGA) reported a net loss of $6.7 million for the fourth quarter of 2016, compared with a loss of $2.7 million in the same time in 2015 largely due to the cancellation of its operations in Cambodia, the company said in ...
Kali Kotoski
http://www.phnompenhpost.com/business/ega-reports-cambodian-casino-losses
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
Trafficking, trauma linked: study
Nearly two-thirds of surveyed survivors of human trafficking in Southeast Asia show symptoms of depression, while another 40 per cent suffer from post-traumatic stress disorder, according to a new study. ...
Laignee Barron
http://www.phnompenhpost.com/trafficking-trauma-linked-study
SEZ adds to tycoon’s growing portfolio
Okhna Try Pheap&rsquO;s ballOOning empire Of exclusive natural resOurce licences and cOncessiOns has been expanded even further with the granting Of a special ecOnOmic zOne (SEZ) in Ratanakkiri prOvince. The May 27 issue Of the ROyal Gazette reveals Pheap was granted a 136-hectare SEZ in O&rsquO;Yadav ...
http://www.phnompenhpost.com/2013061266216/National/sez-adds-to-tycoon-s-growing-portfolio.html
Kampong Cham tourist site planned
More than 5,000 sugar palm trees will be planted at an ancient historical site in Kampong Cham province’s Srei Santhor district in an effort to turn the area into a tourist attraction. ...
Khy Sovuthy
http://www.khmertimeskh.com/50102520/kampong-cham-tourist-site-planned/
Cambodian casinos look to win from China anti-graft crackdown
Cambodia has long drawn tourists to sights ranging from the Khmer Rouge killing fields to the magnificent temples of angkor. Now the country is looking to a new market: Chinese gamblers who are deserting Macau, the region’s traditional casino hub. ...
Michael Peel
http://www.ft.com/intl/cms/s/0/53452978-bd9f-11e4-9d09-00144feab7de.html#axzz3TT6Cb1E2
Gamblers risk illegal crossing to get to Cambodia casinos
Hundreds of Vietnamese gamblers trying to get to casinos in Cambodia are testing tightened security at two border gates in Long An Province, and a crackdown at Binh Hiep Border Gate has opened a market for gangs facilitating illegal crossings or bribing guards. ...
Vietnamnet News Staff
http://english.vietnamnet.vn/fms/society/123023/gamblers-risk-illegal-crossing-to-get-to-cambodia-casinos.html
Cambodian parliament passes judicial reform laws amid opposition boycott
Cambodia’s ruling party- controlled National Assembly has unanimously passed three laws, designed to strengthen the country’s judicial system, despite ongoing boycott of parliament by the main opposition party. The Law on the organization of the Judiciary was adopted on Thursday, and the Laws on the organization ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-05/23/c_133355900.htm
Provinces to get protest sites
Minister of Interior Sar Kheng yesterday called on authorities in each province and municipality to ease demonstrations in the capital by creating a site for non-violent protests ahead of a planned opposition rally on Saturday. In a two-page letter sent to provincial officials, Kheng – who ...
http://www.phnompenhpost.com/national/provinces-get-protest-sites
Open Development Cambodia publishes a new profile page on “COVID-19” in Cambodia
Open DevelOpment CambOdia (ODC) publishes a new prOfile page On &ldquO;COVID-19&rdquO; in CambOdia. On the new bilingual page, the public can access tO an infOrmative dashbOard where all the COVID-19 cases fOund in CambOdia are visualized as an infO-graph, classifying the cases by type, prOvince, ...
Cambodia seeks $57m Indian loan
Cambodian Prime Minister Hun Sen asked for $57m concessional loan from India for two development projects and urged India to consider direct flights to Cambodia. He said the two projects are the electricity transmission line from Kratie province to Stung Treng province with an estimated ...
http://thepeninsulaqatar.com/india/218944-cambodia-seeks-57m-indian-loan-.html
Cambodia's Angkor Wat earns 30 mln USD per annum from ticket sales
Cambodia’s Angkor Wat temples, one of the world heritage sites, generated an annual revenue of 30 million U.S. dollars from ticket sales, Deputy Prime Minister and Cabinet Minister Sok An said Sunday. Last year, the temples attracted 2.06 million foreigners, up 28 percent year-on-year, he ...
http://www.asean-china-center.org/english/2013-07/08/c_132522594.htm
NagaCorp casino 2016 profits show modest growth
Cambodian casino operator NagaCorp Ltd posted a net profit of $184.2 million last year, a 7 percent increase over the previous year, with growth largely tempered by a lacklustre surge in business volume across all gaming segments at its NagaWorld casino complex in Phnom Penh.While ...
Kali Kotoski
http://www.phnompenhpost.com/business/nagacorp-casino-2016-profits-show-modest-growth
Beaches to drive tourism
The Ministry of Tourism and the French TV channel TF1 have signed a deal on a “2013 action plan” that will promote Cambodia’s beach tourism. The agreement was inked yesterday by Tourism Minister Thong Khon and Franck Firmin Guion, the president of Adventure Line Product-ions (ALP). The plan ...
http://www.phnompenhpost.com/2013031962003/Business/beaches-to-drive-tourism.html
Japanese Funder Blames City Hall
Japan’s aid arm, the Japanese International Cooperation Agency (JICA), which is funding a drainage project along Phnom Penh’s Street 63, said yesterday that while it was true sections of the busy road remained in a deplorable condition, responsibility lay with City Hall. “This is [a] ...
http://www.cambodiadaily.com/news/japanese-funder-blames-streets-ruin-on-city-hall-29321/
Supporters of 21 to march to embassies
Activists may find themselves in a showdown with police this morning during a planned vigil on Phnom Penh’s riverside and a march to several embassies. National Military Police spokesman Kheng Tito said yesterday that people supporting the release of 21 people detained during a garment strike ...
Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/national/supporters-21-march-embassies