Cambodia revising gambling laws to attract investment
The Cambodian government is in the process of amending its gaming laws in a bid to draw major casino operators, industry sources have confirmed to GGRAsia. Earlier on Tuesday, the Phnom Penh Post reported that the new draft of the national casino law could be finalised ...
GGRAsia News Staff
http://www.ggrasia.com/cambodia-revising-gambling-laws-to-attract-investment/
Cambodia’s tourism steady
Cambodia’s tourist arrivals registered a 4.7% growth in March according to the country’s statistics and tourist Information Department. The country attracted 400,076 visits compared to 382,206 during the same month last year. Released by the Ministry of Tourism, late last week, data showed Vietnam led the field ...
Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/05/cambodias-tourism-steady/
'Verbal Abuse' surfaces at Ocean
An investigation by garment factory monitor Better Factories Cambodia into the alleged sexual harassment of four female employees at ocean Garment uncovered extensive verbal abuse, according to BFC technical adviser Jill Tucker. A BFC team visited the Dangkor district site on August 24 after a group ...
Mission hits back at UN criticism of Cambodia’s ‘deteriorating’ political climate
The Permanent Mission of Cambodia to the United Nations in Geneva shot back at the UN human rights office (oHCHR) yesterday for criticising what it characterised as the Kingdom’s deteriorating political climate, claiming the criticism was “unverified” and “politically motivated”. // // ...
Leonie Kijewski
http://www.phnompenhpost.com/national/mission-hits-back-un-criticism-cambodias-deteriorating-political-climate
New talks to end Overlapping Claims Area petroleum riches by Thailand and Cambodia
Thailand is scheduled to hold talks with Cambodia over a 26,000 sq kilometers overlapping claims area (oCA) estimated to hold up to 500 million barrels of oil and gas deposits under the sea floor. ...
Khmer Times Staff
https://www.khmertimeskh.com/501152822/new-talks-to-end-overlapping-claims-area-petroleum-riches-by-thailand-and-cambodia/
PPWSA’s Q3 profit hit by expenses
Cambodia’s first listed company, the Phnom Penh Water Supply Authority, yesterday reported a 41 per cent drop in profits after tax for the quarter ending September 30, with the company attributing the drop to an increase in expenses incurred over the quarter. ...
Ananth Baliga
http://www.phnompenhpost.com/business/ppwsas-q3-profit-hit-expenses
CSX listed companies show good Q1 results
Two listed state-owned enterprises – Phnom Penh Water Supply Authority (PPWSA) and Phnom Penh Autonomous Port (PPAP) showed better results in the first quarter of the year due to a rise in revenue. ...
May Kunmakara
http://www.khmertimeskh.com/news/38598/csx-listed-companies-show-good-q1-results/
Smart posts Q1 growth despite stiff competition
Cambodian telecom Smart Axiata retained healthy growth in the first quarter, with revenue rising 17 percent year-on-year to 318,000,000 ringgit ($74.5 million), fuelled by data monetisation and effective cost management despite aggressive price competition by other telecommunication players, according to financials released by Malaysian parent ...
Post Staff
http://www.phnompenhpost.com/business/smart-posts-q1-growth-despite-stiff-competition
PPWSA profits up three-fold during Q1
Revenue for the state-owned water utilities firm Phnom Penh Water Supply Authority increased 33 per cent for the first three months of 2015, compared to the same period last year, while net profit almost tripled. ...
Charles Rollet
http://www.phnompenhpost.com/business/ppwsa-profits-three-fold-during-q1
Ethnic group press for communal title
Economic land concessions granted to a pair of Vietnamese companies in Ratanakkiri’s o’Yadav district were endangering the traditional lifestyles of as many as 200 ethnic-minority families, villagerstold the Post yesterday. As the companies actively cleared forest to make room for the eventual rubber plantations, the government ...
King Father Mementos a Big Business for City's Vendors
Portraits of the late King Father Norodm Sihanouk covered the floor and dozens of coin-sized badges emblazoned with his image were scattered on the sidewalk in front of the Singha Mean printing house yesterday. Kuo Ransiky, the 41-year-old owner of the printshop on Phnom Penh’s street ...
As Cambodia Courts US Business, Old Problems Remain
As a delegation of US business owners prepares to travel to Cambodia with US Secretary of State Hillary Clinton, analysts say they will be tough to court, given Cambodia’s lack of law enforcement. “Investors don’t bring guns, they don’t bring bodyguards—they bring money to invest,” said ...
For Royal Group, sale not desired
Executives from Australia and New Zealand Banking Group Limited (ANZ) and local partner Royal Group of Companies (RGC) both went into damage control yesterday after comments by ANZ chief executive officer Mike Smith suggesting the joint banking venture between the two was on the rocks. Royal ...
Daniel de Carteret
http://www.phnompenhpost.com/business/royal-group-sale-not-desired
Cambodia's 'Elephant Valley' brings new hope to a last precious rainforest
An initiative to re-home abused, over-worked domestic elephants is supporting the conservation of one of Cambodia’s last and most species-rich rainforests, writes William Laurance. Growing ecotourism in the area, attracted by the elephants, is engaging indigenous communities in forest protection and helping to stave off ...
William Laurance
http://www.theecologist.org/News/news_analysis/2985902/cambodias_elephant_valley_brings_new_hope_to_a_last_precious_rainforest.html
UN criticizes Australian refugee policy
Australia’s refugee policies were condemned during a review by the United Nations Human Rights Council. Australia automatically detains asylum-seekers who arrive in the country without visas. Hundreds of detainees are sent for processing to offshore camps in the South Pacific in Papua New Guinea and ...
Phil Mercer
http://www.voacambodia.com/content/un-criticizes-australian-refugee-policy/3053177.html
Cambodia Will Host Forum of Rice Product to Boost Rice Export
The league of Association of Small and Medium Enterprises of Cambodia will conduct a forum on rice products in 17 october at Koh Pich center to boost the export of milled rice product to one million tons by 2015 as guided by the government. Cambodia ...
Development pushes poor from land as Cambodia dams its rivers
“From my view, I don’t want to have it, but it is development, we can’t stop them,” says Srekor’s village chief, Leang saroeurn. Cambodia’s impressive yearly GDP growth rates of 7 percent for the last decade have come, in part, through a ravenous consumption of the countries ...
Daniel Quinlan
http://asiancorrespondent.com/120212/development-drives-displacement-as-cambodia-dams-its-rivers/
Construction Approvals Grow
GOVERNMENT-apprOved cOnstructiOn prOjects sOared 84 percent year-On-year thrOugh July tO US$747.7 milliOn, which Officials called the biggest jump since the prOperty market bust three years agO. The number Of apprOved prOjects fOr the periOd reached 1,279, a decline frOm the 1,344 prOjects greenlighted in the first ...
http://www.phnompenhpost.com/index.php/2011082351195/Business/construction-approvals-grow.html
Cambodia's tax revenues from casinos up 12 pct last year
Cambodia earned tax revenue of over 25 million U.S. dollars from casino industry in 2014, up 12 percent year-on-year, a local Cambodian Television Network (CTN) reported Monday, citing a senior finance official. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/cambodias-tax-revenues-from-casinos-up-12-pct-last-year-8349
Committee for work safety created
The government has established the National Committee for Health and Work Safety, to comprise in part officials from relevant ministries to review, give counsel and spread information related to health and work Safety. According to a sub-decree dated Monday and signed by Prime Minister Hun Sen, ...
Mom kunthear
http://www.khmertimeskh.com/news/32302/committee-for-work-safety-created/