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NagaCorp Holds Ground Breaking Ceremony for Naga2 Development

NagaCorp Ltd. (“NagaCorp” or the “Company”, SEHK stock code: 3918), the largest hotel, gaming and leisure operator in Cambodia, held the official ground breaking ceremony yesterday for Naga2, a large-scale mixed-use expansion that will be completed by 2015. Situated 200 meters from the existing NagaWorld, ...

http://world.einnews.com/pr_news/122399929/nagacorp-holds-ground-breaking-ceremony-for-naga2-development

Oz launches water schem

The Australian embassy last week launched the Cambodia-Australia Water Utility Improvement Programme (WUIP) which aims to support the Kingdom’s water operators and improve water service delivery throughout the country. ...

Ry Sochan
https://www.phnompenhpost.com/national/oz-launches-water-scheme

Relocated families appeal to Oz

Thirty families uprooted by Cambodia’s railway rehabilitation project have filed a complaint with Australia’s highest human rights body, alleging rights abuses as a result of the partially AusAid-funded rail project. The complaint to the Australian Human Rights Commission was made on behalf of the families by NGOs Equitable Cambodia and Inclusive ...

http://www.phnompenhpost.com/index.php/2012100959183/National-news/relocated-cambodian-families-appeal-to-australia.html

Adidas Denies Allegations of Low Wages for Factory Workers

German sports brand Adidas yesterday denied allegations that its Cambodian factory, which produces Olympic merchandise, was not paying workers a sustainable living wage. The London Organizing Committee for the 2012 Olympic Games (Locog) said on Sunday it would investigate claims that Adidas has violated its agreement ...

Firm Posts fall In Profits on Slot Machines

Entertainment Gaming Asia Inc. (EGA), a U.S.-listed gaming firm operating primarily in Cambodia, posted a 93 percent decrease in profits for the first nine months of the year compared to the same period in 2011, according to the company’s financial statement released Tuesday. “The decrease ...

http://www.cambodiadaily.com

More business with Oz sought

The Ministry of Foreign Affairs yesterday urged Cambodia and Australia to increase trade ties and encouraged greater investment from the Pacific country. Speaking at a seminar in Phnom Penh to mark the 40th anniversary of ASEAN-Australia relations, Soeung Ratchavy, secretary of state at Ministry of Foreign ...

Chan Muyhong
http://www.phnompenhpost.com/business/more-business-oz-sought

Gaming outfit reports loss

Entertainment Gaming Asia Inc (EGA), a NASDAQ-listed company that supplies NagaWorld Casino with slot machines and operates casinos in Poipet town and Pailin province, reported a net loss of $385,000 from continuing operations in the second quarter of 2013, according to a statement from the ...

http://www.phnompenhpost.com/business/gaming-outfit-reports-loss

As Oz proposal nears, opposition mounting

Opposition to Australia’s proposal to send refugees to Cambodia is growing, with the Australian Greens’ immigration spokeswoman yesterday saying the party would try to block it in the Senate. Sarah Hanson-Young told The Sydney Morning Herald that Cambodia would be “a fundamentally unacceptable place for Australia to dump ...

Cheang Sokha
http://www.phnompenhpost.com/national/oz-proposal-nears-opposition-mounting

Fintech could be ‘game changer’

Addressing the delegates, Chea Serey, director general of National Bank of Cambodia (NBC), stressed the role and importance of digital finance initiatives in broadening financial inclusion. She said digital finance could be a “game changer” for Cambodia’s nascent financial sector as it enables financial service ...

Brian Ng
http://www.phnompenhpost.com/business/fintech-could-be-game-changer

Oz Minerals Sells M'Kiri Gold Assets

After more than three years of disappointment in its search for large gold deposits in Mondolkiri province, Australian mining firm OZ Minerals has decided to sell its Cambodian assets to another Australian company In a statement to the Australian Stock Exchange, OZ Minerals said that it ...

http://www.camnet.com.kh/cambodia.daily/

Oz aid cuts won’t touch Cambodia

Despite major foreign aid budget cuts at home, Australia had upped its assistance to Cambodia by about US$17.4 million for 2012-2013, the embassy here said yesterday. Australia would provide a total of $95.3 million in “official development assistance to Cambodia”, the embassy said in a statement. ...

http://www.phnompenhpost.com/index.php/2012051056091/National-news/oz-aid-cuts-wont-touch-cambodia.html

Cambodia has floor in Oz parliament debate

A spirited debate on human rights in Cambodia was heard in the Australian parliament this week after an opposition Labor Party MP introduced a motion calling on the government to condemn state violence against striking garment workers and ask authorities to release detained protesters. Clare O’Neil, ...

Kevin Ponniah
http://www.phnompenhpost.com/national/cambodia-has-floor-oz-parliament-debate

Adoption revamp in offing by Oz: report

Australian Prime Minister Tony Abbott is overhauling his nation’s overseas adoption system and wants to get Cambodia involved in the process, according to Australian media. Abbott requested Attorney General George Brandis pursue fresh agreements and adoption negotiations, including with Cambodia, Bulgaria, Latvia and Kenya, the Sunday ...

Laignee Barron
http://www.phnompenhpost.com/national/adoption-revamp-offing-oz-report

Australia Drops Cambodian Bribery Allegations

The Australian Federal Police (AFP) have closed an investigation into suspicious payments to officials in Cambodia by the world’s largest mining company BHP Billiton, according to a report released by the Organization for Economic Cooperation and Development (OECD). Although the report, released last month, does not ...

http://www.cambodiadaily.com/business/australia-drops-cambodian-bribery-allegations-5337/

Blame game on removal of Kem Sokha

Political analysts across the Kingdom are buzzing about the ramifications of the decision the National Assembly made last week to remove Kem Sokha, deputy president of the opposition Cambodia National Rescue Party (CNRP), as deputy president of the legislative body. ...

Chea Takihiro
http://www.khmertimeskh.com/news/17381/blame-game-on-removal-of-kem-sokha/

Australian gaming company probed for Cambodia payment

Australian gaming firm Tabcorp on Tuesday confirmed that it was under investigation by Australian police over a possible bribe it paid in 2009 to a Cambodian consultancy connected to a sister of Prime Minister Hun Sen. ...

Zsombor Peter and Khuon Narim
https://www.cambodiadaily.com/news/australian-gaming-company-probed-for-cambodia-payment-109949/

Microsoft's Super Wi-Fi could change game

A technology called “Super Wi-Fi” that uses the frequency spectrum between television channels called “white spaces” could be a game-changing force in how people connect to the internet, especially in places like Cambodia. The technology, which requires specialised equipment costing about US$2,000 for a base station ...

Raid of illegal gaming sites snares seven

Police in Phnom Penh’s Daun Penh district took part in a sting target took part in a sting targeting illegal computer gaming locations yesterday, arresting seven people and seizing 71 illicit machines across three locations in Phsar Thmey III village. ...

Kim Sarom
http://phnompenhpost.com

Cambodia Must Up its Game in Rice Exports

Cambodia announced two major bilateral trade agreements last month, with the Philippines and Thailand, that are expected to further expand the country’s rice export sector. Over the last few years, Cambodia has emerged as a major rice exporter in the region, due in large part ...

http://asiafoundation.org/in-asia/2013/05/01/cambodia-must-up-its-game-in-rice-exports/

Gold resource in northeastern Cambodia estimated at 1.2 mln ounces

Australia’s Renaissance Minerals (Cambodia) Ltd. unveiled Thursday that it estimated that gold resource[s] at O’kvau area in Cambodia’s Mondolkiri province could be as much as 1.2 million ounces, the firm’s Managing Director Justin Tremain said. Speaking during a meeting with Cambodian Minister of Industry, Mines and ...

http://www.globaltimes.cn/content/780533.shtml#.UYxVHaKj2xA

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