Gaming tax revenue up 20% in first 6 months
Gaming tax revenue reached $12 million in the first six months of the year, a 20 percent increase over the first half of 2014, due to a greater number of Thai nationals crossing into Cambodia to gamble, a Finance Ministry official said Wednesday. ...
Kang Sothear and Tsz-kwan Ho
https://www.cambodiadaily.com/business/gaming-tax-revenue-up-20-in-first-6-months-88562/
Cambodia to tap, maximize gains from automotive sector evolution
Cambodia’s aim to become an automotive parts manufacturing hub, making a wide range of low-to-medium complexity components for export, is an important part of its plan to diversify the economy and also to offset the impact of the Covid-19 pandemic on the traditional key sectors, ...
Prakash Jha
https://www.khmertimeskh.com/501225192/cambodia-to-tap-maximize-gains-from-automotive-sector-evolution/
Cambodia says RCEP all about win-win cooperation, not zero-sum game
The Regional Comprehensive Economic Partnership (RCEP), the world’s biggest free trade deal, is all about “win-win” cooperation and is “not a zero-sum game,” a Cambodian government official has said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501211518/cambodia-says-rcep-all-about-win-win-cooperation-not-zero-sum-game/
In Cambodia, Cyber Casinos Fall Into a Legal Gray Area
In 2010, the Ha Tien Vegas Entertainment Resort, a casino investment on Kampot province’s border with Vietnam that included luxury karaoke rooms and suites, launched with high hopes of attracting Vietnamese gamblers. At the end of December, Ha Tien Vegas closed down. To the north, in ...
SEA mobile games revenue to hit US$7bil by 2019: Frost & Sullivan
The mobile games industry in South-East recorded impressive growth and reached over US$1 billion in revenue in 2014, according to Frost & Sullivan. Recent analysis from Frost & Sullivan shows that this was also the fastest growing region for mobile games in the world, driven by ...
DNA News Staff
https://www.digitalnewsasia.com/mobile-telco/sea-mobile-games-revenue-to-hit-usd7bil-by-2019-frost-sullivan
Cambodia, EU applaud the remarkable evolution of cooperation
Cambodian foreign minister Prak Sokhonn extended congratulations to the departing Ambassador of the European Union (EU) to Cambodia, Carmen Moreno, for her exemplary efforts and success in her diplomatic tenure in the Kingdom. This sentiment was shared during her farewell call on 16 August 2023 ...
Fresh News
https://en.freshnewsasia.com/index.php/en/localnews/39247-2023-08-16-14-44-39.html
China-aided 2023 SEA Games stadium symbolises close Sino-Cambodian ties
Travelling along National Road 5 in the north of Phnom Penh, the capital of Cambodia, tourists can easily spot a mammoth sailing ship-shaped structure – the China-funded Morodok Techo National Stadium. ...
War games: Ministry says 'please don't be alarmed' as it announces Golden Dragon military exercise with China
The Ministry of Defence on Thursday warned civilians and aircraft to avoid a section of Kampong Speu province from March 15 to March 30 while Cambodia participates in its Golden Dragon military training exercises with China. ...
Ben Sokhean and Andrew Nachemson
http://www.phnompenhpost.com/national/war-games-ministry-says-please-dont-be-alarmed-it-announces-golden-dragon-military-exercise
Press release: Cambodia, EU applaud the remarkable evolution of cooperation
On 16 August 2023, His Excellency PRAK Sokhonn, Deputy Prime Minister, Minister of Foreign Affairs and International Cooperation, extended congratulations to Her Excellency Carmen MORENO, departing Ambassador of the European Union (EU) to Cambodia, for her exemplary efforts and success in her diplomatic tenure in ...
Ministry of Foreign Affairs and International Cooperation
The fight against false information requires understanding of technology
Khieu Kanharith, Minister of Information, said that in order to fight against the spread of false information people must understand technology and the evolution of society. ...
Khmer Times Staff
https://www.khmertimeskh.com/501107540/the-fight-against-false-information-requires-understanding-of-technology/
Cambodia Far From Intellectual Property Targets
Cambodia is still a way off implementing World Trade Organization (WTO) rules on intellectual property rights, despite a deadline to do so in just over a month. At the end of June, the group of the world’s 49 least developed countries (LDCs), including Cambodia, run out ...
http://www.cambodiadaily.com/business/cambodia-far-from-intellectual-property-targets-26805/
Digital tech deal to change the transport game: Loba
The top logistics industry body has struck a deal with a digital technology association that is tailored to better position the freight sector to drive growth and slash delivery times and operating costs, according to the former’s chief. ...
Hin Pisei
https://www.phnompenhpost.com/business/digital-tech-deal-change-transport-game-loba
Education Ministry meeting challenges of digital era
The National Assembly and the Education Ministry yesterday held a seminar to discuss the evolution of the Kingdom’s ability to meet global standards in e-learning. The seminar was opened by Nguon Nhel, first vice president of the National Assembly. Mr Nhel noted that digital technology ...
Khy Sovuthy
https://www.khmertimeskh.com/50596893/education-ministry-meeting-challenges-of-digital-era/
Microfinance: an insider's view
The story of Cambodia’s microfinance sector has been one of successful evolution, evidenced by the growing number of lenders and their continual development. Many microfinance institutions (MFIs) started as NGO-like entities, but the industry has come a long way. Today, there are 32 MFIs licensed ...
ADB asked to craft game plan for monorail, subway
The Ministry of Public Works and Transport on April 6 asked the Metro Manila-based Asian Development Bank (ADB) to help devise strategies for monorail and subway projects planned for Phnom Penh. ...
Thou Vireak
https://www.phnompenhpost.com/business/adb-asked-craft-game-plan-monorail-subway
NagaWorld sees year-on-year boost in VIP revenues
Phnom Penh casino NagaWorld has announced that gross gaming revenue (GGR) rose 48 per cent year-on-year for the first quarter of 2015, largely on the back of returns from VIP clients. Nagacorp, the Hong Kong stock exchange-listed parent of NagaWorld, said in an unaudited report released ...
Charles Rollet
http://www.phnompenhpost.com/business/nagaworld-sees-year-year-boost-vip-revenues
FDI inflows drop 1% to $3.5B
The value of foreign direct investment (FDI) into the Kingdom registered a slight fall in 2020 amid a much sharper contraction among non-banking sectors and uncertainty over the evolution of the Covid-19 pandemic, but inflows into the financial sector remained strong. ...
May Kunmakara
https://www.phnompenhpost.com/business/fdi-inflows-drop-1-35b
NBC: Fintech fuels 2020 boom in Kingdom's payment systems
Payment systems in Cambodia have seen remarkable strides in line with the evolution of financial technology (fintech) and significantly contribute to the development of the national economy, as digital transactions witness a Covid-19 boom, the National Bank of Cambodia (NBC) said in the 2020 annual ...
Thou Vireak
https://www.phnompenhpost.com/business/nbc-fintech-fuels-2020-boom-kingdoms-payment-systems
Kingdom factory goes for the gold
Cambodian garment makers are filling orders for the 2012 London Olympics in what insiders say is the first time the country has supplied the Games. ShenZhou International Group Holdings Ltd, one of China’s largest apparel exporters, makes shirts and other sportswear for Adidas that will supply ...
http://www.phnompenhpost.com/index.php/2011101952197/Business/kingdom-factory-goes-for-the-gold.html
Revenues Down at Pailin’s Dreamworld Casino
U.S.-listed firm Entertainment Gaming Asia’s (EGA) Dreamworld casino in Poipet province has seen revenue drop by almost 18 percent this year, according to financial results released by the company. Results issued on Thursday from Hong Kong said the casino, which opened in May 2012, made revenue ...
http://www.cambodiadaily.com/business/revenues-down-at-pailins-dreamworld-casino-39102/